Global Surgical Blade Market Report and Forecast 2023-2028

Global Surgical Blade Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global surgical blade market reached a value of USD 159.37 million in 2022. Aided by the increasing demand for safe surgical procedures and the growing applications of surgical blades in various medical practices, the market is projected to further grow at a CAGR of 4.50% between 2023 and 2028 to reach a value of USD 205.55 million by 2028.

Surgical blades are sharp instruments generally used in the medical field for surgical and anatomical dissections. They are crucial in various procedures including incisions for surgery, intravenous catheter insertion, and lancet punctures for blood sampling. They are available in a variety of sizes and types, depending upon the medical procedure for which they are used.

The surge in demand for safe surgical procedures is driving the global surgical blade market growth. With increasing awareness about the need for clean and precise cuts to avoid post-surgery complications, there has been a significant shift towards the use of high-quality surgical blades. Moreover, the rising prevalence of diseases that require surgical intervention and the increasing number of surgeries worldwide are also leading to a surge in demand for surgical blades.

The expanding applications of surgical blades in various medical procedures further bolster the surgical blade market expansion. In obstetrics and gynaecology, surgical blades are crucial for procedures such as C-sections and hysterectomies. In orthopaedics, they are used for joint replacements and fracture fixations, and in general surgery, they are utilised for procedures like appendectomies and hernia repairs.

Furthermore, the development and adoption of disposable surgical blades have contributed to surgical blade market development. These single-use blades aim to prevent cross-contamination and infections, complying with the stringent safety regulations in medical settings. With the growing focus on patient safety and hygiene, disposable surgical blades are seeing increased demand.

Advancements in blade materials and design have also influenced the surgical blade market demand positively. The advent of coated blades, which provide smoother incisions and better healing, and the use of high-grade stainless steel and carbon steel for blade production, have enhanced the quality and functionality of surgical blades.

Another significant factor stimulating the surgical blade market growth is the rise of cosmetic and plastic surgeries. With an increasing focus on aesthetic appeal and the rising number of cosmetic surgeries globally, surgical blades have emerged as a critical instrument in procedures such as liposuction, rhinoplasty, and facelifts.

Market Segmentation

The market can be divided based on product, type, end use, and region.

Market Breakup by Product

• Stainless Steel Blade
• High-Grade Carbon Blade

Market Breakup by Type

• Sterile
• Non-Sterile

Market Breakup by End Use

• Hospitals and Clinics
• Ambulatory Surgical Centres
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global surgical blade companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Swann-Morton Limited
• Aspen Surgical
• PL Medical Co., LLC
• Hu-Friedy Mfg. Co., LLC.
• B. Braun Melsungen AG
• Kai Corporation
• McKesson Medical-Surgical Inc.
• Myco Medical
• Medicom
• Southmedic Inc.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.