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Surgical Blade Market size was valued at USD 143.33 million in 2019 and is poised to grow from USD 149.84 million in 2023 to USD 223.44 million by 2031, growing at a CAGR of 4.54% in the forecast period (2024-2031).

The surgical blade market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. 'Swann-Morton Limited', 'Hill-Rom Holdings, Inc.', 'Medline Industries, Inc.', 'Hu-Friedy Mfg. Co., LLC', 'Feather Safety Razor Co., Ltd.', 'Havel's Inc.', 'HENRY SCHEIN INC.', 'NIPRO Medical Corporation', 'Aspen Surgical Products, Inc.', 'MYCO Medical Supplies, Inc.', 'PFM Medical, Inc.', 'Southmedic Inc.', 'Stericom Ltd.', 'Surgical Specialties Corporation', 'Trinity Sterile, Inc.', 'Deroyal Industries, Inc.', 'Geister Medizintechnik GmbH', 'Personna Medical', 'Surtex Instruments Ltd.', 'Vantage Surgical Systems, Inc.'

Hospitals, clinics, and ambulatory surgical centers are now more prevalent. Medical professionals now have additional career options available to them as a consequence. These worries have caused the surgical blade industry to grow. Demand is rising as a result of these blades' accessibility in a range of diameters and process-specific shapes. Surgical blades are available in a variety of forms and profiles, making it possible for teams and medical professionals to choose the best blade for the task.

One of the most lucrative opportunities in mobile marketing might result from the rising use of stainless-steel surgical blades, which include razor-sharp cutting edges, clean incisions for improved cutting, and precisely numbered scalpel handles. They also have a longer shelf life and are sterile. These surgical supplies do not need to go through a lengthy regulatory process since they are categorized as low-risk devices. These elements are predicted to lead to more new product debuts, boosting the market's overall surgical blade revenue growth.

North America is in the lead because of its mature healthcare industry. Along with the expanding use of cutting-edge surgical equipment & techniques, the area is also anticipated to be driven by the rising prevalence of obesity and heart problems. Adult obesity rates now exceed 35% in 16 states, according to the most current Behavioral Risk Factor Surveillance System (BRFSS) statistics. The lowest adult obesity rate is in Colorado with 24.2%, while Mississippi has the highest rate at 39.7%. In Alabama, California, and Iowa, the adult obesity rate rose between 2019 and 2020. In 26 states, the incidence of adult obesity has dramatically grown since 2015.

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Global Surgical Blade Market

Product ID: SQSG35A2038