South and Central America Blade Removers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Single Use Blade Removers, and Multiple Use Blade Removers), and End-User (Hospitals, Ambulatory Surgical Centers, and Others)
The South and Central America blade remover market is expected to reach US$ 6,449.38 thousand by 2028 from US$ 5,569.83 thousand in 2021; it is estimated to grow at a CAGR of 2.1% from 2021-2028. The growth of the market is due to rising focus on safety enhancement and surgical procedures and increasing technological developments and product launches of blade removers. However, inherent challenges associated with blade removers, such as the requirement of two-handed operation, are expected to restrict the market growth during the forecast period.
Surgeons and medical professionals rely on the consistent quality, precision, and performance of surgical blades. Its functionality helps the nurse attach and remove the blade safely and efficiently, while the decontamination department welcomes easy disassembly for cleaning. The Occupational Safety and Health Administration (OSHA) supports and promotes existing sharps' safe usage and disposal protocols in various user environments. The rapid development of the healthcare industry and technological advancements in this field will likely increase the market growth during the forecast period. The increasing number of players entering the global market and the rising focus on new product development are expected to drive the market over the next few years. The surge in the usage of surgical scalpels due to the rising incidences of neurological and cardiovascular diseases is also expected to boost the market’s growth. Furthermore, the technological developments and the augmenting demand for minimally invasive procedures are anticipated as potential growth opportunities for the market players. The growing need for surgical instruments due to the rising number of surgical procedures is expected to boost the Asia Pacific blade removers market in the coming years. Moreover, the increasing awareness in the healthcare sector regarding the safety of healthcare workers (HCWs) is also expected to boost the market’s growth.
The supply chain disturbances and tremendous demand for efficient treatments of COVID-19 patients have put the healthcare research industry in a critical position in Asia Pacific. Prohibitive measures have been taken to control the spread of COVID-19 infection.
South and Central America is witnessing a growing number of COVID-19 cases; the increasing number of cases in Brazil, Peru, Chile, Ecuador, and Venezuela is likely to have an adverse impact on the market. According to the International Council of Nurses, the number of deaths of health professionals in Brazil is higher than other countries due to the high transmission of SARS-CoV-2. Currently, the countries in this region are rapidly increasing its clinical programs to fight against the novel COVID-19 infection.
In this scenario, Brazil has observed enormous difficulties in management of cancers and chronic cardiovascular diseases, and their associated surgeries. Due to inadequate monitoring, many patients are admitted to emergency departments due to decompensation of their cancer and cardiovascular disease. During the COVID-19 pandemic, cancer patients, stroke patients, and patients with other neurological conditions have been arriving late for treatment at the hospital, outside the therapeutic window for acute intervention. In addition, the country also faced difficulties in obtaining beds in the intensive care unit for management of the diseases during the acute phase. These factors are likely to have an adverse impact on the market growth.
The South and Central America blade removers market, by product type, is bifurcated into single use blade removers and multiple use blade removers. The single use blade removers segment held the largest share of the market in 2021; it is anticipated to register the highest CAGR in the market during the forecast period.
Based on end-user, the South and Central America blade removers market is segmented into hospitals, ambulatory surgical centers, and others. The hospital segment held the largest share of the market in 2021; it is estimated to register the highest CAGR in the market during the forecast period.
The key market players associated with the report on the South and Central America blade removers market are the Occupational Safety and Health Administration (OSHA) and the Organization for Economic Co-operation and Development (OECD).
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