The surgical scalpel market size is projected to reach US$ 985.3 million by 2031 from US$ 712 million in 2023. The market is expected to register a CAGR of 4.3% during 2023–2031. Use of novel surgical scalpel are likely to remain key trends in the market.
Surgical Scalpel Market Analysis
In recent years, there has been a considerable development in the field of surgical instrument. The growing of surgical procedures has increased the demand of surgical instruments. Surgical scalpel offers benefits such as, performing surgical procedures with ease, accuracy. Many researchers and companies have developed innovative type of scalpels for the performance of surgeries. For example, Dr. Steven Hacker, the founder of Hacker Dermatology and Nano Surgical, LLC, recognized the potential for improving the surgical process through AI and launched a new intelligent scalpel that utilizes electromagnetic resonance for learning and teaching purposes could enhance surgical outcomes for patients globally. The patented intelligent scalpel addresses many issues by providing an accurate, reproducible, digitized record of the scalpel's path and approach within the body on multiple planes, without relying on analog estimates or interpretations. The scalpel utilizes AI to learn and continuously adapt to the surgical techniques of the world's leading surgeons. The increase in the number of surgical scalpel developments and advancements is anticipated to increase the demand for surgical scalpel in the forecast period.
Surgical Scalpel Market Overview
Owing to factors such as technological developments in the field of surgical scalpels and increase in the number of surgical procedures. However, increase in the risk of injury due to scalpels and increased concerns over the safe disposal of used scalpels are expected to be the factors restraining the growth of the market during the forecast period. The surgical scalpel market is a mature market in European countries such as Germany, UK, France, and Russia. Factors such as increasing focus of market players; and rising number of conferences being conducted to increase awareness regarding the use of surgical scalpels are likely to boost the growth of the market in Europe during the forecast period.
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Surgical Scalpel Market Drivers and Opportunities
Increase in the Number of Surgical Procedures to Favor Market
The rise of the surgical procedures has also increased the use of surgical equipment to perform the surgery. Factors such as rising work pressure, stress, improper eating habits, heredity, and exposure to chemicals among others, causes chronic diseases. Surgical scalpel procedures have been opted by men on a large scale in the past few years. Since men are more prone to baldness, they hold maximum share as the users of surgical scalpel procedures. According to American Society of Plastic Surgeons, the rise in several cosmetic surgeries have become one of the major factors for the market growth. For instance, According to the American Society of Plastic Surgeons, 26.2 million surgical and minimally invasive cosmetic procedures were performed in the US in 2022. Also, cosmetic surgery surgeries have increased by 19% compared to 2019. Thus growing surgical procedures are expected to boost the surgical scalpel market in the coming years.
Increasing Medical Tourism in Emerging Nations
Countries such as Brazil, South Korea, Turkey, India, Germany, Mexico, Spain, and Malaysia are becoming hotspots for medical tourism destinations. Brazil is known as a country that leads in plastic and cosmetic surgery. According to the International Society of Aesthetic Plastic Surgery (ISAPS), the US performed the most procedures worldwide, with over 7.4 million procedures, accounting for 22% of the total. Brazil leads in surgical procedures, accounting for 8.9%, followed by Japan at 7.3%. The US and Brazil are estimated to have the most plastic surgeons, followed by Asian countries, with Japan in third place, China in fourth, and South Korea in fifth.
According to the Medical Tourism Index, Mexico has emerged as a top medical tourism destination, attracting patients from all over the world, especially from the US and Canada. Medical institutions in the country offer affordable, high-quality cosmetic operations. A few of the country's most skilled and experienced plastic surgeons practice with them to achieve positive results. The rising medical tourism in the region and advantage of medical facilities in the region is likely to boost surgical scalpel market and is anticipated to provide significant growth opportunities to the players operating in the market during the forecast period.
Surgical Scalpel Market Report Segmentation Analysis
Key segments that contributed to the derivation of the surgical scalpel market analysis are product, type, material, and end user.
- Based on product, the surgical scalpel market is divided into disposable surgical scalpels, reusable surgical scalpels, and accessories. The disposable surgical segment held a largest market share in 2023.
- By type, the market is segmented into scalpel handles and surgical blades. The surgical blades segment held the larger share of the market in 2023.
- In terms of material, the market is segmented into stainless steel, high grade carbon steel, and others. The stainless steel segment held a significant share of the market in 2023.
- By end user, the market is segmented into hospitals, ambulatory surgical centres, nursing centres, reference laboratories. The hospitals segment held the largest share of the market in 2023.
Surgical Scalpel Market Share Analysis by Geography
The geographic scope of the surgical scalpel market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the market. According to Regenexx, more than 7 million orthopedic surgeries were performed in 2021 in the US. According to the National Center for Health Statistics, more than 40 million surgeries are performed each year, and the number is expected to grow exponentially. Furthermore, according to the American Psychological Association, the geriatric population in the country is currently at 46 million and is supposed to double itself by 2060, which will increase the number of surgeries, coupled with advancements in technology, and drive the surgical scalpel market growth. Asia Pacific is anticipated to grow with the highest CAGR in the coming years.
Surgical Scalpel Market Regional Insights
The regional trends and factors influencing the Surgical Scalpel Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Surgical Scalpel Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Surgical Scalpel Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 712 Million |
Market Size by 2031 | US$ 985.3 Million |
Global CAGR (2023 - 2031) | 4.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Surgical Scalpel Market Players Density: Understanding Its Impact on Business Dynamics
The Surgical Scalpel Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Surgical Scalpel Market are:
- Swann Morton Limited (Swann-Morton)
- Hill-Rom Services Inc. (Bard-Parker)
- B. Braun Melsungen AG (Aesculap)
- Ansell (Sandel)
- pfm medical ag (FEATHER)
- PL Medical Co., LLC
Disclaimer: The companies listed above are not ranked in any particular order.
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Surgical Scalpel Market News and Recent Developments
The surgical scalpel market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the surgical scalpel market are listed below:
- C2Dx a privately-held medical device company, announced the receipt of 510(k) clearance from the FDA for the next generation controller for its cutting-edge surgical technology, The Shaw Scalpel System. Providing a better user experience for everyone in the room, the Shaw Scalpel System enables precise anatomical dissection and immediate hemostasis with its surgically sharp scalpel blade. The result is a dry, clean surgical field which provides exceptional visualization for the safe dissection of nerves and critical anatomy. (Source: C2Dx, Press Release, March 2024)
- SouthMedic, a leading manufacturer of surgical blades, scalpels and innovative medical devices, announced their partnership with Nano Surgical to become the exclusive master distributor of Lumohs MD no. 3 Lighted Scalpel Handles in Canada. (Source: SouthMedic, a leading manufacturer of surgical blades, scalpels and innovative medical devices, announced their partnership with Nano Surgical to become the exclusive master distributor of Lumohs MD no., Press Release, May 2024)
Surgical Scalpel Market Report Coverage and Deliverables
The “Surgical Scalpel Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Surgical scalpel market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Surgical scalpel market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Surgical scalpel market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the surgical scalpel market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product ; Type ; Material ; End User and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
The North America region held the largest share of in the surgical scalpel market 2023.
Factors such as technological developments in the field of surgical scalpel and increase in the number of surgical procedures propel the surgical scalpel market.
Use of novel surgical scalpel be the trend in the surgical scalpel market
The surgical scalpel market majorly consists of the players, including Swann Morton Limited (Swann-Morton), and Hill-Rom Services Inc. (Bard-Parker), B. Braun Melsungen AG (Aesculap), Ansell (Sandel), pfm medical ag (FEATHER), PL Medical Co., LLC, Swann-Morton (Swann-Morton), Southmedic (Southmedic), Cardan Medical, P.J. Dahlhausen & Co. GmbH, Kai Corporation and Kai Industries Co. Ltd. (Kai), VOGT MEDICAL (VM), Medicom (Paragon), and Cadence Inc., FEATHER Safety Razor Co., Ltd (FEATHER).
The surgical scalpel market is expected to be valued at US$ 985.3 million in 2031.
The surgical scalpel market is estimated to record a CAGR of 4.3% till 2031.