Surgical Blades Market

Rise in the number of cardiovascular diseases to drive market growth

The market's expansion can be attributed primarily to the increasing use of interventional surgeries. Besides, the rising prevalence of cardiovascular diseases worldwide is expected to increase the demand for surgeries and drive the surgical blades industry growth in the upcoming years. Noncommunicable conditions (NCDs) are estimated by the World Health Organization (WHO) to cause the deaths of 41 million people annually. A further estimate states that between the ages of 30 and 69, more than 15 million people worldwide pass away from an NCD each year.

Surgical procedures are expected to become increasingly crucial for solving fundamental problems as chronic disease burdens rise.

The National Library of Medicine estimates that roughly 40 to 50 million major surgical procedures are carried out annually in the United States and 20 million in Europe. The preference of doctors for traditional scalpels, which allows surgeons to use older techniques for difficult surgical excision and repairs, also contributes to the surgical blades market revenue growth. The increasing demand for high-end, effective surgical blades from end users such as health facilities and ambulatory surgical centers for improved efficiency and performance will create long-term opportunities for launching innovative surgical tools and services.

Increased use of stainless-steel surgical blades, which feature razor-sharp cutting edges, hygienic incisions for superior cutting, and precisely numbered scalpel handles, could result in one of the most profitable opportunities. They are also sterile and possess a longer shelf life. These surgical supplies are exempt from strict regulatory procedures as they are categorized as low-risk devices. These factors are expected to lead to more new product introductions, boosting the overall surgical blade market CAGR growth.

The increasing number of surgical procedures globally is a primary driver for the Global Surgical Blades Market Industry. As healthcare systems evolve and expand, the demand for surgical interventions rises, necessitating a steady supply of surgical blades. For instance, the anticipated growth in elective surgeries and minimally invasive procedures contributes to this demand. In 2024, the market is valued at 0.51 USD Billion, reflecting the growing reliance on surgical blades in various medical specialties. This trend is expected to continue, with projections indicating that by 2035, the market could reach 0.93 USD Billion, highlighting the critical role of surgical blades in modern healthcare.

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North America Surgical Blades market accounted for USD 0.206 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The region is anticipated to be driven by the rising use of cutting-edge surgical tools and devices and the rising prevalence of cardiac disorders and obesity. Besides, the CDC's 2022 update found that 18.2 million adults had coronary artery disease, with approximately 70% of these patients requiring surgery.

Every year, nearly 35 million people in the United States are admitted to hospitals. As a result, the increase in hospital stays and surgeries is expected to propel growth in the regional surgical blades market. The rising number of road-related injuries in the United States has further resulted in more surgical procedures, which has increased the use of surgical blades. According to ASIRT data released in March 2022, 4.4 million Americans experience injuries severe enough to warrant medical attention each year in the US.

Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: SURGICAL BLADES MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

The European surgical blades market accounts for the second-largest market share due to an increase in the geriatric population, susceptible to various illnesses. Additionally, the region's demand for surgical blades is increased by developments in the healthcare industry and the adoption of cutting-edge medical products. Researchers in the European area are developing innovative surgical blades using advanced technology. Surgical blade manufacturers are also developing new medical products to improve the medical unit and implement various surgical blades.

Further, the German surgical blades market held the largest market share, and the UK surgical blades market was the fastest-growing market in the European region.

The Asia-Pacific Surgical Blades Market is anticipated to grow at the fastest CAGR from 2024 to 2032. A growing elderly population, the requirement for scalpels made with the newest technology, favorable reimbursement policies, and the expansion of healthcare infrastructure in regional developing nations like China and India are all expected to boost market demand. This region's market is further driven by a large senior population and a rapidly growing economy in emerging countries. Moreover, China’s surgical blades market held the largest market share, and the Indian surgical blades market was the fastest-growing market in the Asia-Pacific region.

The presence of businesses that operate both internationally and locally contributes to the surgical blade market's modest growth. Major market players are developing new and unique blades that surgeons use to perform surgeries with greater accuracy and at a faster rate. In addition, market participants are launching new products, entering contracts, acquiring companies, increasing investments, and working with other organizations, among other significant market developments, to expand their global footprint.

Production domestically to cut operating costs is one of the critical business strategies manufacturers use in the global surgical blades industry to benefit customers and expand the overall market sector. The surgical blades market major players, such as Henry Schein Inc, Integra LifeSciences Corporation, B. Melsungen AG, and others, are working to increase global market demand by investing more in product research and development activities. The surgical blades industry has recently introduced sophisticated tools that provide some of the most important benefits, such as better cutting and clean incisions.

• Braun Melsungen AG is a medical technology and pharmaceutical company that develops, manufactures, distributes products, and offers medical services. The company's primary products are infusion solutions & consumables, disinfection products, infusion pumps & systems, nutrition & pain therapy, suture materials, hip & knee implants, surgical blades & instruments, dialysis equipment and accessories, ostomy care, and wound care products. In July 2019, B. Braun Melsungen AG declared the acquisition of Nephtec GmbH's business operations. The investment will benefit the company by expanding its fully automated dialysis concentrate preparation product portfolio.

• Braun Melsungen AG is a medical technology and pharmaceutical company that develops, manufactures, distributes products, and offers medical services. The company's primary products are infusion solutions & consumables, disinfection products, infusion pumps & systems, nutrition & pain therapy, suture materials, hip & knee implants, surgical blades & instruments, dialysis equipment and accessories, ostomy care, and wound care products. In July 2019, B. Braun Melsungen AG declared the acquisition of Nephtec GmbH's business operations. The investment will benefit the company by expanding its fully automated dialysis concentrate preparation product portfolio.

Also, Aspen Surgical Products Inc is a market leader in the supply of private-label single-use surgical products. The company provides conventional & safe scalpels, surgical blades, wound care dressings, specialty needles, fluid collection, and patient & staff safety products. Aspen Surgical announced the acquisition of Beatty Marketing & Sales LLP, an orthopedic product provider, in December 2019. Aspen Surgical will benefit from the investment in product expansion and revenue growth.