Surgical Scissors Market Rapidly Growing with a Impressive CAGR 8.2% by 2023 | Major Players KLS Martin, Arthrex, Becton

Surgical scissor is a medical instrument used for various surgical procedures such as, cardiac, neurological, orthopedic, and others for shearing purposes. These scissors are of two types, namely reusable and disposable scissors.
Although reusable scissors are less expensive as compared to disposable scissors; however, the latter is predominantly used in hospitals in recent years. This is an ongoing trend among surgeons in developed nations, such as North America, to reduce the chances of infections during surgical procedures.

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The global surgical scissors market is driven by an increased number of surgical procedures and growth in demand for cost-effective & robust surgical instruments globally. In addition, the increase in a geriatric population undergoing various surgical procedures is expected to fuel the market growth. However, chances of developing infection due to use of contaminated reusable scissor are expected to hamper the market growth.

the global surgical scissors market accounted for $462 million in 2016 and is estimated to reach $803 million by 2023, registering a CAGR of 8.2% from 2017 to 2023. Asia-Pacific was the highest revenue contributor to the global surgical scissor market in 2016. The Middle East is projected to witness the highest growth rate during the forecast period.

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Key Findings:

•The ceramic segment is estimated to grow at the highest rate during the forecast period in terms of value as well as volume.

•The reusable surgical scissors segment generated the highest revenue to the global market in 2016 and is expected to continue its dominance in the near future.

•Asia-Pacific dominated the global market in 2016 and is projected to grow at a CAGR of 8.6% from 2017 to 2023.

•China is expected to grow at the highest CAGR of 11.5% in the Asia-Pacific reusable surgical scissors market.

•The operating scissor segment is anticipated to grow at the highest CAGR of 8.3% during the forecast period.

Leading Market Players:

•KLS Martin LP
•Integra LifeSciences Corporation
•B. Braun
•Scanlan International
•World Precision Instruments
•Skyline Surgical Instruments
•Arthrex Inc.
•Becton
•Dickinson and Company

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