Surgical Blades Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Sterile, Non-Sterile), By Material Type (Hardened & Tempered Steel, Stainless Steel, Carbon Steel), By End-User (Hospitals, Clinics, Ambulatory Surgery Centers, Life Sciences And Biomedical Research Organisation), And By Geography- Forecasts From 2020 To 2025
Published:  May 2020 Report Code: KSI061613627 Pages: 119

The global surgical blades market is estimated to grow at a CAGR of 4.01% from a market size of USD119.737 million in 2019 to a market size of USD151.592 million by 2025.  The surgical blades market is projected to grow in the forecast period with the growing number of surgical procedures globally, growing cosmetic surgeries, and rising health expenditure. The increasing number of Centers of Excellence (CoE) worldwide for disease management is fueling the market growth in the forecast period. The aging population of the world require improved and focused healthcare activities for the treatment of their chronic diseases as a result of their old age, this will further provide an opportunity for the market to grow in the forecast period for specific treatment surgeries. However, the presence of stringent government regulations will hamper the market growth moderately in the forecast period. Furthermore, the presence of cardiovascular diseases worldwide will impact the growth of the market in a positive manner with the growing number of cardiovascular problems in the world. Geographically. North America and Europe are projected to hold a significant market share followed by the Asia Pacific region to grow at a high CAGR during the forecast period.

Furthermore, the prevalence of organ donation and transplantation activities worldwide is further strengthening the growth prospects of the global surgical blades in the forecast period, further bolstering the market demand over the next five years. Additionally, the growing adoption of minimally invasive surgeries worldwide are providing an opportunity for the market to flourish in the forecast period.

The increasing number of surgical procedures worldwide is projected to fuel the market growth in the forecast period.

The growing number of surgeries in the world is propelling market growth in the forecast period. For example, in the United Kingdom, the market is poised to grow in the forecast period as surgeries here are considered to be the most important treatment offered by the National Health Service in secondary care within the country. This is further supported by the growing number of surgeons, especially with the rise in a number of women surgeons, hence, contributing to a surge in the market growth in the forecast period. Additionally, with the growing number of geriatric people, aged 65 years and above in the United Kingdom, the number of age-associated diseases such as cardiovascular diseases will increase, hence the market for surgical blades will also continue to soar over the next five years. According to the World Bank estimates, the geriatric population (65 years of age or older) in the United Kingdom has grown from a population size of 11.706 million in 2015 to a population size of 12.231 million in 2018.

surgical blades market

Furthermore, the rising health expenditure of the country is further providing an opportunity for the market to grow in the forecast period. According to the Office for National Statistics-UK Health Accounts, the health expenditure in the United Kingdom increased from 171.6 £billion in 2016 to 177.4 £billion in 2017.

According to the European Union Statistics, the selected high growth surgical procedures in Spain include cochlear implantation, laparoscopic colectomy, laparoscopic appendectomy, laparoscopic repair of inguinal hernia, and laparoscopic hysterectomy.

TABLE: Number of surgical procedures performed in hospitals in spain, per 100,000 inhabitants, 2010 to 2015, 2012 to 2017

S.No.

2010

2015

Cochlear Implantation

1.9

2.2

Laparoscopic Colectomy

12.1

23.0

 

2012

2017

Laparoscopic Appendectomy

35.8

47.1

Laparoscopic Repair of Inguinal Hernia

4.6

6.6

Laparoscopic Hysterectomy

15.1

19.8

Source: Eurostat Data

Considering organ donation and transplantation activities, surgical blades market will continue to grow in the forecast period,Spain is considered as the number one country in the world for the highest rate of organ donation, with an organ donation rate of 39.7 in one million inhabitants (source: National Health System of Spain 2016 Annual Report). It has been observed that the trend of organ donation has continued to grow upwards in recent years. Also, this has given rise to the growing number of transplantations, further fueling the market growth in the forecast period. Kidney transplantation procedure is the most frequent followed by liver transplants. As per the Spain National Health System 2016 annual report estimates, the number of kidney transplant procedure accounted for 2,905 transplants, while the number of liver transplant procedures accounted for 1,162 transplants.

The high prevalence of cardiovascular diseases is fueling the market demand in the forecast period.

Cardiovascular Diseases (CVDs) are the global leading cause of death. The prevalence of high blood pressure, obesity, and diabetes in a population contributes towards CVDs. 17.7 million people are dying every year due to the increasing Cardiovascular Diseases (CVDs). It is responsible for 31% of global deaths (source: World Health Organization). Increasing prevalence worldwide is due to excessive tobacco use, unhealthy diet, physical inactivity, and excessive use of alcohol giving rise to harmful conditions like high blood pressure, obesity, and high blood glucose levels.

The United States is the global leader for a maximum number of cardiovascular diseases. Worldwide there are more than a billion adults who are overweight and around 300 million people are under the category of being clinically obese. These are highly prevalent and countries like North America and Western Europe. They die from obesity-related disorders every year; this includes cardiovascular diseases. Low-income and middle-income countries also face the problem of chronic diseases including cardiovascular diseases due to their lack of awareness of disease management and maintaining proper dietary consumption for preventing the occurrence of this disease. In developing countries like India owing to the changing lifestyle and behavioral patterns, the risk of cardiovascular diseases has started occurring in people which are below 65 years of age. In response to this, certain government initiatives in order to detect and treat cardiovascular diseases affecting a larger population base are also fueling the market growth in the forecast period. Hence, high cardiac/ cardiovascular disease prevalence has a high impact on the growth of the global surgical blades market.

Surgical Blades Market Scope:

Report Metric Details
 Market size value in 2019  US$119.737 million
 Market size value in 2025  US$151.592 million
 Growth Rate  CAGR of 4.01% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Million
 Segments covered  Type, Material Type, End-User, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  GPC Medical, Ethicon US, LLC, B. Braun Melsungen AG, Stryker ENT, Smith &   Nephew, CONMED Corporation, Zimmer Biomet, Swann-Morton Limited
 Customization scope  Free report customization with purchase

Segmentation:

  • By Type
    • Sterile
    • Non-Sterile
  • By Material Type
    • Hardened & Tempered Steel
    • Stainless Steel
    • Carbon Steel
  • By End-User
    • Hospitals
    • Clinics
    • Ambulatory Surgery Centers
    • Life Sciences & Biomedical Research Organisation
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Others
    • Middle East and Africa
      • UAE
      • Israel
      • Saudi Arabia
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the surgical blades market size by 2025?
A1. The global surgical blades market is estimated to reach a market size of USD151.592 million by 2025.
 
Q2. What is the size of global surgical blades market?
A2. Surgical Blades market was valued at USD119.737 million in 2019.
 
Q3. What are the growth prospects for surgical blades market?
A3. The surgical blades market is estimated to grow at a CAGR of 4.01% over the forecast period.
 
Q4. Which region holds the largest market share in the surgical blades market?
A4. North America and Europe are projected to hold a significant market share followed by the Asia Pacific region to grow at a high CAGR during the forecast period.
 
Q5. What factors are anticipated to drive the surgical blades market growth?
A5. The increasing number of surgical procedures worldwide is projected to fuel market growth in the forecast period.
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
 
2. Research Methodology
2.1. Research Data
2.2. Assumptions
 
3. Executive Summary
3.1. Research Highlights
 
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porters Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry in the Industry
4.5. Industry Value Chain Analysis
 
5. Surgical Blades Market Analysis, by Type
5.1. Introduction
5.2. Sterile
5.3. Non-Sterile
 
6. Surgical Blades Market Analysis, by Material Type
6.1. Introduction
6.2. Hardened & Tempered Steel
6.3. Stainless Steel
6.4. Carbon Steel
 
7. Surgical Blades Market Analysis, by End-User
7.1. Introduction
7.2. Hospitals
7.3. Clinics
7.4. Ambulatory Surgery Centers
7.5. Life Sciences & Biomedical Research Organisation
 
8. Surgical Blades Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.2.1. North America Surgical Blades Market, By Type, 2019 to 2025
8.2.2. North America Surgical Blades Market, By Material Type, 2019 to 2025
8.2.3. North America Surgical Blades Market, By End-User, 2019 to 2025
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. South America Surgical Blades Market, By Type, 2019 to 2025
8.3.2. South America Surgical Blades Market, By Material Type, 2019 to 2025
8.3.3. South America Surgical Blades Market, By End-User, 2019 to 2025
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. Europe Surgical Blades Market, By Type, 2019 to 2025
8.4.2. Europe Surgical Blades Market, By Material Type, 2019 to 2025
8.4.3. Europe Surgical Blades Market, By End-User, 2019 to 2025
8.4.4. By Country
8.4.4.1. UK
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Others
8.5. Middle East and Africa
8.5.1. Middle East and Africa Surgical Blades Market, By Type, 2019 to 2025
8.5.2. Middle East and Africa Surgical Blades Market, By Material Type, 2019 to 2025
8.5.3. Middle East and Africa Surgical Blades Market, By End-User, 2019 to 2025
8.5.4. By Country
8.5.4.1. United Arab Emirates
8.5.4.2. Israel
8.5.4.3. Saudi Arabia
8.5.4.4. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Surgical Blades Market, By Type, 2019 to 2025
8.6.2. Asia Pacific Surgical Blades Market, By Material Type, 2019 to 2025
8.6.3. Asia Pacific Surgical Blades Market, By End-User, 2019 to 2025
8.6.4. By Country
8.6.4.1. Japan
8.6.4.2. China
8.6.4.3. India
8.6.4.4. Australia
8.6.4.5. Others
 
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
 
10. Company Profiles 
10.1. GPC Medical
10.2. Ethicon US, LLC
10.3. B. Braun Melsungen AG
10.4. Stryker ENT
10.5. Smith & Nephew
10.6. CONMED Corporation
10.7. Zimmer Biomet
10.8. Swann-Morton Limited

GPC Medical

Ethicon US, LLC

B. Braun Melsungen AG

Stryker ENT

Smith & Nephew

CONMED Corporation

Zimmer Biomet

Swann-Morton Limited

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