Global Surgical Scalpels Market By Product (Disposable Surgical Scalpel and Others), By Type (Standard Surgical Scalpel and Others), By material (Stainless Steel and Others), By End-User (Hospitals and Others) and By Regions - Global Forecast to 2030

Global Surgical Scalpels Market Overview

The Global Surgical Scalpels Market was valued at UЅD $1,042.3 Мn in 2020 and is projected to achieve a valuation of UЅD $1,530.5 Мn by 2030, at a САGR of 4.5%.

A scalpel, or lancet, or bistoury, is a small and extremely sharp-bladed instrument used for surgery, anatomical dissection, podiatry, as well as various arts & crafts. They may be single-use disposable tools or re-usable. They consist of two parts - namely, a blade and a handle.

The steady increase in the number of surgical procedures being carried out at various medical facilities across the world due to varying natural, lifestyle-based, or other injuries and disorders that usually require surgical intervention. This is a primary factor that is expected to continue to fuel the revenue growth of the global surgical scalpels market over the next decade.

Moreover, the regulatory requirements needed for product launches by various market players are relatively low. This is also a major factor that is slated to significantly boost market growth opportunities for this global industry in the years to come.

Furthermore, the exponential increase in the number of medical facilities being established across the world is expected to play a crucial role in the increased demand for these products, thereby further augmenting revenue growth for the global surgical scalpels market in the foreseeable future.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global surgical scalpels market is no different, and this factor is anticipated to have a significantly negative impact on the revenue growth of this industry. In addition, the spike in the number of patients opting for alternatives to traditional surgical procedures is also a factor that may restrain the revenue growth of the global surgical scalpels market over the forecast period.

Nevertheless, the increase in geriatric populations across the world, and the subsequent increase in chronic disease prevalence rates which require surgical assistance or treatment are also other factors that are anticipated to aid in boosting the revenue growth of the global surgical scalpels market over the next 10 years.

Segmentation of the Global Surgical Scalpels Market is as follows:

In terms of product, the disposable surgical scalpel segment accounted for the maximum number of revenue shares of the global surgical scalpels market in 2020, and this segment is expected to continue doing so over the next decade. The reusable surgical scalpel segment is also anticipated to index considerable revenue growth over the forecast period.

On the basis of type, the standard surgical scalpel segment accounted for the maximum number of revenue shares of the global surgical scalpels market in 2020, and this segment is slated to continue to do so over the next 10 years. The safety surgical scalpel segment is also expected to register considerable revenue growth over the forecast period.

With respect to material, the stainless steel segment accounted for the highest number of revenue shares of the global surgical scalpels market in 2020 and is expected to continue to do so for the remainder of the forecast period. However, the high-grade carbon steel segment is anticipated to index the highest CAGR over the next 10 years.

Based on end-user, the hospital's segment accounted for the maximum number of revenue shares of this global market in 2020, and this segment is expected to remain the front-runner for the next decade. However, the ambulatory surgical center's segment is anticipated to register the highest CAGR in the years to come.

Regional Segmentation and Analysis:

North America accounted for the maximum number of revenue shares of the global surgical scalpels market in 2020 and is indicative of retaining its respective market position over the next decade. However, the markets in the Asia Pacific region are anticipated to index the highest CAGR over the course of the forecast period.

Segmentation of the Global Surgical Scalpels Market:

Segmentation by Product:

• Disposable Surgical Scalpel
• Reusable Surgical Scalpel
• Accessories

Segmentation by Type:

• Standard Surgical Scalpel
• Safety Surgical Scalpel

Segmentation by Material:

• Stainless Steel
• High-Grade Carbon Steel
• Other Material

Segmentation by End-User:

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Other End Users

Segmentation by Regions:

• North America
• Europe
• APAC
• South America
• MEA