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Surgical Blade Market Focusing On The Basis Of Product, Material , End Use And For The Forecast Period From 2019 To 2026: Grand View Research Inc.

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Surgical Blade Market Focusing On The Basis Of Product, Material , End Use And For The Forecast Period From 2019 To 2026: Grand View Research Inc.

September 05
10:34 2019
Surgical Blade Market Focusing On The Basis Of  Product, Material , End Use And For The Forecast Period From 2019 To 2026: Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global surgical blade market size was estimated at USD 136.2 million in 2018 and is projected to grow at a CAGR of 3.6%.

The global surgical blade market size is anticipated to reach USD 181.2 million by 2026, as per a new report by Grand View Research, Inc., exhibiting a CAGR of 3.6% over the forecast period. Increase in surgeries due to increase in number of accidents, coupled with a growing geriatric population prone to various disorders, is currently driving the market. Moreover, increase in number of surgeons at a global scale is also propelling the demand for surgical blades.

Several key players are investing in R&D to launch new and innovative products. Increase in individual disposable income & standard of living, and growth in awareness regarding modern surgical procedures are other factors increasing the number of medical procedures. Increase in trauma cases and other disorders, such as cancer, which require surgery, is further augmenting demand for surgical blades. Furthermore, availability of these blades in various shapes and sizes for surgical intervention in multiple illnesses is driving the overall market.

With a wide range of procedures in healthcare, more patients are willing to undergo new treatments due to improving affordability and feasibility. Stainless steel blades are increasingly preferred due to features such as cleaner incisions, superior cutting, and numbering of scalpel handles. Being low-risk medical tools, these products do not need strict regulatory processes, which encourages and eases product launches.

U.S. surgical blades market size, by product, 2015 - 2026 (USD million)

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Key Takeways Of The Report :

  • Surgical blades come in a variety of forms, enabling surgeons and medical staff to choose the right blade for a medical procedure
  • By product, stainless steel blades are expected to lead market over the forecast period, due to better anti-corrosion properties. They are more suitable for procedures involving large volumes of saline solution and multiple incisions
  • By material, sterile blades are expected to dominate the market since they can provide a sharp cutting edge for high efficiency, enabling cleaner incisions and superior cutting
  • By end use, hospitals segment accounted for a share of over 40.0% and is expected to grow at a CAGR of 3.7% over the forecast period
  • Some key players of surgical blades market are Swann-Morton Limited; PL Medical Co.; Hill-Rom, LLC; Beaver-Visitec International; VOGT Medical; Hu-Friedy Mfg. Co., LLC; B. Braun Melsungen AG; and Surgical Specialties Corporation.

Surgical blades market share, by end use, 2018 (%)

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Grand View Research has segmented the surgical blades market on the basis of product, material, end use, and region:

Surgical Blades Product Outlook (Revenue, USD Million, 2015 – 2026)

  • Stainless Steel
  • High-Grade Carbon Steel
  • Others

Surgical Blades Material Outlook (Revenue, USD Million, 2015 – 2026)

  • Sterile
  • Non-Sterile

Surgical Blades End-use Outlook (Revenue, USD Million, 2015 – 2026)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

Surgical Blades Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
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