The global surgical scissors market size is estimated at USD 316.84 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.56% from 2023 to 2032. The demand for surgical scissors in the medical field is expected to increase rapidly. during the forecast period. Growing preference for minimally invasive surgery by medical professionals and patients worldwide is one of the key factors expected to drive the development of the market. Technological advances and innovations will continue to improve the performance of surgical scissors, driving the expansion of the market.
The impact of COVID-19 on surgery is wide-ranging, including shortages of blood components, patient visit restrictions and surgery cancellations, staffing restrictions, staffing issues, and the risk of intraoperative viral transmission. These risk factors have restricted surgical interventions during the COVID-19 period, which is expected to negatively affect the market. In addition, delays in surgical procedures have hampered the introduction of surgical scissors. Due to the spread of COVID-19, most patients are avoiding visiting medical institutions for surgical procedures, which may adversely affect the adoption of surgical procedures, resulting in a decline in the surgical scissors market. Growth may slow down. Therefore, to avoid the impact of COVID-19 on various surgeries, surgeons are adopting new guidelines during the pandemic to provide critical emergency services in their specialty. This is expected to lead to a gradual increase in the number of surgeries during the forecast period. Many surgical procedures are performed around the world. Especially in the United States, the number of outpatient surgical procedures has increased steadily over the past quarter century. ASC primarily offers surgical procedures 35-50% cheaper than hospitals. Reductions in surgical costs like this in his ASCs across the United States will help save the U.S. healthcare system $40 billion annually.
In 2019, approximately 5,700 ASCs operating in the United States performed approximately 23 million surgical procedures, generating approximately $35 billion in revenue. Therefore, the demand for surgical scissors is projected to increase due to the increase in surgical procedures.
The steady increase in the elderly population is increasing the financial burden on the healthcare system. The number of Americans age 65 and older is expected to nearly double from 52 million in 2019 to 95 million in 2060, according to the Population Reference Bureau. Therefore, the elderly population is expected to account for up to 50% of surgeries. Increased life expectancy and declining fertility rates contribute to the growing elderly population. As life expectancy continues to increase, the number of elderly patients with surgically treatable conditions is expected to increase. The high prevalence of comorbidities such as heart disease and neurological disease in elderly patients may lead surgeons to choose surgical scissors for surgical procedures.
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Market Segmentation
The global surgical scissors market can be segmented on the basis of product type, application, end-user, and geography. Here are the details of each segmentation:
By Product Type:
- Operating Scissors
- Stitch Scissors
- Mayo Scissors
- Tenotomy Scissors
- Iris Scissors
- Bandage Scissors
- Others
By Application:
- Cardiovascular Surgery
- Neurosurgery
- Orthopedic Surgery
- Plastic and Reconstructive Surgery
- Urology Surgery
- Gynecology Surgery
- Others
By End-User:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Others
By Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The operating scissors segment is expected to hold the largest share of the surgical scissors market, owing to its wide application in various surgical procedures. The cardiovascular surgery segment is expected to hold the largest share of the market, owing to the increasing incidence of cardiovascular diseases and the growing demand for surgical procedures to treat such diseases. Hospitals are expected to hold the largest share of the market among end-users, owing to the increasing number of surgical procedures performed in hospitals and the availability of advanced surgical instruments in hospitals.
Key players in the market:
- Braun Melsungen AG
Medtronic plc
Integra LifeSciences Holdings Corporation
Smith & Nephew plc
KLS Martin Group
CooperSurgical Inc.
Geister Medizintechnik GmbH
Scanlan International Inc.
Sklar Surgical Instruments
Surgical Holdings
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Regional Analysis
The global surgical scissors market can be analyzed by region to understand the market trends and opportunities in different parts of the world. Here are some key regional insights for the surgical scissors market:
North America: North America is the largest market for surgical scissors, accounting for a significant share of the global market. The region is driven by the presence of well-established healthcare infrastructure, a large aging population, and high healthcare expenditure. The United States is the largest market in the region, followed by Canada.
Europe: Europe is another major market for surgical scissors, driven by the presence of a well-developed healthcare infrastructure, increasing incidence of chronic diseases, and high healthcare expenditure. Germany, France, and the United Kingdom are the major markets in the region.
Asia Pacific: The Asia Pacific region is expected to be the fastest-growing market for surgical scissors, driven by increasing healthcare expenditure, rising incidence of chronic diseases, and growing demand for minimally invasive surgeries. China, India, and Japan are the major markets in the region.
Latin America: The Latin American surgical scissors market is driven by the increasing demand for surgical procedures, rising incidence of chronic diseases, and improving healthcare infrastructure. Brazil and Mexico are the major markets in the region.
Middle East and Africa: The Middle East and Africa surgical scissors market is driven by increasing healthcare expenditure, improving healthcare infrastructure, and rising demand for surgical procedures. Saudi Arabia, South Africa, and the United Arab Emirates are the major markets in the region. Overall, the surgical scissors market is expected to grow in all regions, with Asia Pacific expected to be the fastest-growing market due to the increasing demand for minimally invasive surgeries and rising healthcare expenditure. The mature markets of North America and Europe are expected to grow at a slower pace, while Latin America and the Middle East and Africa are expected to offer significant growth opportunities.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
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