Surgical Blades Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.30 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Surgical Blades Market Analysis
Over the next few years, the market for surgical blades is expected to register a CAGR of 4.3%.
The COVID-19 pandemic was an unprecedented health concern and adversely affected various surgical procedures. Due to the regulatory authorities' strict guidance to prevent any non-emergent surgeries, the volume of surgeries drastically decreased throughout the pandemic. According to the study published in October 2021 by the National Library of Medicine worldwide, there has been a 42.8% decrease in general surgery admissions. Thus, the reduction in the number of surgical procedures during the COVID-19 pandemic affected the market's growth. However, the postponed surgeries resumed worldwide, driving the market's growth during the post-pandemic period. The number of surgical procedures due to trauma, hip and knee replacements, and chronic diseases such as cardiovascular diseases where surgery is mandatory is growing. For instance, as per the research study published in June 2021 by the Journal of Thoracic and Cardiovascular Surgery, a total of 92,809 operations were classified as "heart surgery procedures" in the classical sense, of which 29,444 were isolated coronary artery bypass grafting procedures, 35,469 were isolated heart valve procedures, and the number of isolated heart transplantations increased by 2% to 340. The restrictions caused by the pandemic in its initial phase led to a decrease in surgical cases, reducing the demand for surgical blades. However, the market is gradually stabilizing as COVID-19 cases decline and the number of heart procedures and operations is increasing, thus boosting the growth of the surgical blades market.
Factors driving the market's growth include an increasing number of surgeries and rising healthcare expenditures. According to the data published by the HSRA in March 2022, about 40,000 organ transplants were performed in the United States in 2021. In addition, 26,670 kidney transplants and 9,236 live transplants were performed in the United States in 2021. Furthermore, according to a National Library of Medicine article, nearly nine major surgeries were performed annually for every 100 older people in the United States in July 2021, and more than one in every seven Medicare beneficiaries underwent a major surgery over five years, representing nearly 5 million unique older people.Thus, an increase in surgical cases is expected to increase the demand for surgical blades, hence driving the market.
Various initiatives taken by the key market players, such as product launches, mergers, acquisitions, and partnerships, are expected to boost the market's growth during the forecast period. For instance, in June 2021, Aspen Surgical Products Inc., a provider of surgical disposable products, announced the acquisition of Stork, a division of Briggs Healthcare. Over the next few years, these kinds of changes are likely to make the market grow.
The above-mentioned factors are expected to drive the market's growth across the world. However, a lack of skilled professionals is expected to hamper the growth of the surgical blade market during the forecast period.
Surgical Blades Market Trends
This section covers the major market trends shaping the Surgical Blades Market according to our research experts:
Stainless Blades segment is expected to hold a Significant Share in the Surgical Blades Market
Surgical blades can be manufactured from either carbon steel or stainless steel. A marginally softer stainless blade tends to be more flexible. Surgical blades are essentially used for making skin incisions, tissue dissections, and a variety of surgical approaches. These benefits are extensively used in surgeries to treat chronic disorders, such as cesarean sections, appendicitis, and others. The stainless steel blade has better anti-corrosion properties, which make it a more suitable blade for a disposable scalpel given the way it is packaged and typically used in more uncontrolled environments or for procedures that use copious amounts of saline solution, which would cause an immediate rusting action when contacting the surface of a carbon blade. An increase in surgical cases is expected to drive segmental growth. According to WHO updates from June 2021, cesarean section use continues to rise globally, accounting for more than 1 in 5 (21%) childbirths. If this trend continues, by 2030, the highest rates are likely to be in Eastern Asia (63%), Latin America and the Caribbean (54%), Western Asia (50%), Northern Africa (48%), Southern Europe (47%), and Australia and New Zealand (45%).
Several countries are also experiencing a rise in surgical procedures owing to the rising burden of non-communicable diseases and injuries. For instance, according to the journal published in the Lancet in August 2021, the number of adults aged 30-79 years with hypertension has increased from 650 million to 1.28 billion in the last 30 years. The rising prevalence of chronic and lifestyle diseases, as well as the high volume of injuries, create a high demand for surgical procedures.Additionally, the data published by the European Heart Network in 2021 reported that in the European Union, more than 60 million people live with cardiovascular disease, and nearly 13 million new cases of cardiovascular diseases are diagnosed every year. Such an increasing prevalence of cardiovascular diseases, which led to a growing need for surgical procedures and treatment, is expected to drive the growth of the surgical blade market.
Because of these things, the segment is expected to grow a lot over the next few years.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period.
North America is expected to show a significant share of the overall market throughout the forecast period, due to better regulations of surgical devices and growing awareness among the population about the need to approach surgeries in cases of injuries and chronic disease problems. According to data from the University of Alabama at Birmingham from April 2021, 350,000 CABG surgeries are performed in the United States each year.The rising prevalence of cardiovascular disorders and obesity rates is attributed to the market's growth in this region. Furthermore, according to the CDC's 2022 update, 18.2 million adults had coronary artery disease, and approximately 70% of these patients underwent surgery. The United States records nearly 35 million hospital stays each year. Hence, this rise in hospital stays and surgeries is expected to drive the market's growth. The increasing number of injuries due to road accidents in the United States resulted in increased surgical procedures, thereby increasing the usage of surgical blades. According to the data published in March 2022 by ASIRT, annually, 4.4 million Americans are injured seriously enough to require medical attention in the United States.
According to a study published in November 2021 by Surgical Endoscopy, laparoscopic cholecystectomy is the most common abdominal surgical treatment in the United States, with over 750,000 procedures performed annually. These procedures use surgical blades, which is expected to boost the market's growth in the country.
So, the growth of the market in North America should be helped by the above factors over the next few years.
Surgical Blades Industry Overview
The surgical blade market is moderate due to the presence of companies operating globally and regionally. The competitive landscape includes an analysis of a few international and local companies that hold market shares and are well-known, including Aspen Surgical, B. Braun SE, Beye LLC, Hu-Friedy Mfg. Co., LLC, and Kai Industries Co., Ltd., among others.
Surgical Blades Market Leaders
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Swann-Morton Limited
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Aspen Surgical
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PL Medical Co., LLC.
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VOGT Medical
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Hu-Friedy Mfg. Co., LLC
*Disclaimer: Major Players sorted in no particular order
Surgical Blades Market News
- March 2022: C2Dx acquired Hemostatix Medical Technologies, gaining a thermal scalpel system that will become the company's third product line. The Hemostatix Thermal Scalpel closes blood vessels as it cuts them, so it can cut and clot at the same time.
- April 2022: Vuzix Corporation added an additional follow-on volume order of Vuzix Blade smart glasses from Medacta in connection with that company's launch of their NextAR shoulder augmented reality surgical platform in Europe and the United States.
Surgical Blades Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Number of Surgeries
- 4.2.2 Rising Healthcare Expenditure
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4.3 Market Restraints
- 4.3.1 Lack Of Skilled Professionals
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
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5.1 By Product
- 5.1.1 Stainless Blade
- 5.1.2 High-grade Carbon Blade
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5.2 By Type
- 5.2.1 Sterile
- 5.2.2 Non-Sterile
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5.3 By End-User
- 5.3.1 Hospitals and Clinics
- 5.3.2 Ambulatory Surgical Centers
- 5.3.3 Other End-Users
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Aspen Surgical
- 6.1.2 B. Braun SE
- 6.1.3 Beye LLC
- 6.1.4 Hu-Friedy Mfg. Co., LLC (Cantel Medical Corporation)
- 6.1.5 Kai Industries Co., Ltd.
- 6.1.6 PL Medical Co., LLC.
- 6.1.7 Swann-Morton Limited
- 6.1.8 VOGT Medical
- 6.1.9 Entrepix Medical
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySurgical Blades Industry Segmentation
As per the report's scope, surgical blades, or scalpels, are used for cutting skin and tissue during surgical procedures. Surgical blades vary in size and shape. These are typically made with stainless steel or carbon steel. The surgical blades market is segmented by product (stainless steel blades and high-grade carbon blades), type (sterile and non-sterile), end user (hospitals and clinics, ambulatory surgical centers, and others), and geography (North America, Europe, Asia-Pacific, the Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends of 17 countries across major regions globally. The report offers values (in USD million) for the above segments.
| By Product | Stainless Blade | |
| High-grade Carbon Blade | ||
| By Type | Sterile | |
| Non-Sterile | ||
| By End-User | Hospitals and Clinics | |
| Ambulatory Surgical Centers | ||
| Other End-Users | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle East and Africa | GCC |
| South Africa | ||
| Rest of Middle East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Surgical Blades Market Research FAQs
What is the current Surgical Blades Market size?
The Surgical Blades Market is projected to register a CAGR of 4.30% during the forecast period (2024-2029)
Who are the key players in Surgical Blades Market?
Swann-Morton Limited , Aspen Surgical , PL Medical Co., LLC. , VOGT Medical and Hu-Friedy Mfg. Co., LLC are the major companies operating in the Surgical Blades Market.
Which is the fastest growing region in Surgical Blades Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Surgical Blades Market?
In 2024, the North America accounts for the largest market share in Surgical Blades Market.
What years does this Surgical Blades Market cover?
The report covers the Surgical Blades Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Surgical Blades Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Surgical Blades Industry Report
Statistics for the 2023 Surgical Blades market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Surgical Blades analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
