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What's driving the Surgical Scalpel Market trends? Key Players B. Braun Melsungen AG, Integra LifeSciences Corporation, Hill-Rom Services

05-15-2020 09:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Study Report LLC

What's driving the Surgical Scalpel Market trends? Key Players

The latest Surgical Scalpel Market research added by Market Study Report, LLC, delivers a concise outline regarding the potential factors likely to drive the revenue growth of this industry. The report delivers valuable insights on market revenue, SWOT Analysis, market share, profit estimation and regional landscape of this business vertical. Moreover, the report focuses on significant growth factors and obstacles accepted by market leaders in the Surgical Scalpel Market.

The surgical scalpel market is estimated to account for US$ 759.4 Mn by the end of 2025, escalating at a CAGR of 3.5% during the forecast period from 2018 to 2025, rising from US$ 575.9 Mn in 2017.

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The growth of the surgical scalpel market can be attributed to the technological developments in the field of surgical scalpels and rise in the number of surgical procedures. Many researchers and companies have developed innovative type of scalpels for surgical purposes. For example, in April 2016, David Oliva Uribe developed the smart scalpel in Brussels, Belgium, with a sensor-rich sphere at the tip, and instead of having the capability to cut people open, it can differentiate between cancerous tumors and normal brain tissue

The market for surgical scalpel consists of well-recognized as well as emerging companies operating at the global as well as local level. Some of the companies operating in the surgical scalpel market include, B. Braun Melsungen AG, Integra LifeSciences Corporation, Hill-Rom Services Inc., pfm medical ag., Ansell, Swann Morton Limited, Medicom, PL Medical Co., LLC, Southmedic, and Kai Corporation. and Kai Industries Co., Ltd., among others.

In our study, we have segmented the surgical scalpel market by product, type, material, and end user. On the basis of product, the market is segmented as disposable scalpel, reusable scalpel and accessories. The disposable as well as reusable scalpel is further segmented as scalpel blades and scalpel handles. Based on the type, the market is classified as, standard surgical scalpels and safety surgical scalpels. On the basis of material used, the market of surgical scalpel is segmented as, stainless steel, high grade carbon steel, and other materials. Based on end user, the market is categorized as, hospitals, ambulatory surgical centers, nursing centers, and reference laboratories.

Strategic approaches by major players such as geographical expansions, new product launches, partnerships, and collaborations in the market also are expected to accelerate the market growth. For instance, in July, 2017, Hill Rom introduced New Line of Safety Surgical Instruments. The products launches in the global surgical scalpel market has been proved to be useful for the company's growth and has helped in strengthening the company's product offering.

North America is anticipated to hold significant share in the global surgical scalpel market, owing to factors such as, rising number of startups in the region as well as the implementation of safety norms in the United States and Canada. The demand for surgical scalpels is anticipated to increase at a significant rate in the region of Asia Pacific during the forecast period, due to the rise in number of surgical procedures in countries such as India, Japan and China during the recent years.

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TABLE OF CONTENTS
1. INTRODUCTION 33
1.1 SCOPE OF THE STUDY 33
1.2 THE RESEARCH REPORT GUIDANCE 33
2. GLOBAL SURGICAL SCALPELS MARKET - KEY TAKEAWAYS 34
3. GLOBAL SURGICAL SCALPEL MARKET - MARKET LANDSCAPE 37
3.1 OVERVIEW 37
3.2 MARKET SEGMENTATION 37
3.2.1 Surgical Scalpel Market - By Product 38
3.2.2 Surgical Scalpel Market - By Type 39
3.2.3 Surgical Scalpel Market - By Material 39
3.2.4 Surgical Scalpel Market - By End User 39
3.2.5 Surgical Scalpel Market - By Geography 39
3.3 PEST ANALYSIS 40
3.3.1 North America - PEST Analysis 40
3.3.2 Europe - PEST Analysis 42
3.3.3 Asia Pacific - PEST Analysis 44
3.3.4 Middle East & Africa- PEST Analysis 46
3.3.5 South & Central America - PEST Analysis 48
4. GLOBAL SURGICAL SCALPEL MARKET - KEY MARKET DYNAMICS 50
4.1 KEY MARKET DRIVERS 50
4.1.1 Technological Developments in The Field of Surgical Scalpel 50
4.1.2 Increase in the Number of Surgical Procedures 50
4.2 KEY MARKET RESTRAINTS 51
4.2.1 Increase in the Risk of Injury Due to Scalpels 51
4.2.2 Increased Concerns Over the Safe Disposal of Used Scalpels 51
4.3 KEY MARKET OPPORTUNITIES 52
4.3.1 Increasing Medical Tourism in Emerging Nations 52
4.4 FUTURE TRENDS 52
4.4.1 Use of Novel Surgical scalpel 52
4.5 IMPACT ANALYSIS 53
5. SURGICAL SCALPELS MARKET - GLOBAL ANALYSIS 54
5.1 GLOBAL SURGICAL SCALPELS MARKET REVENUE FORECASTS AND ANALYSIS 54
5.2 GLOBAL SURGICAL SCALPELS MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 55
5.3 MARKET POSITIONING 56
5.4 PERFORMANCE OF KEY PLAYERS 56
5.4.1 Swann Morton Limited 56
5.4.2 Hill-Rom Services Inc. 57
5.5 EXPERT OPINIONS 57
6. GLOBAL SURGICAL SCALPEL MARKET - REGULATORY SCENARIO 58
6.1 NORTH AMERICA 58
6.1.1 US 58
6.1.2 Canada 59
6.1.3 Mexico 60
6.2 EUROPE 61
6.3 ASIA PACIFIC 62
6.3.1 Japan 62
6.3.2 China 63
6.3.3 India 64
6.4 MIDDLE EAST & AFRICA 65
6.4.1 Saudi Arabia 65
6.4.2 South Africa 66
6.5 SOUTH & CENTRAL AMERICA 67
6.5.1 Argentina 67

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