Market Trends of Global Surgical Scissors Industry
This section covers the major market trends shaping the Surgical Scissors Market according to our research experts:
The Reusable Surgical Scissors Segment is Projected to Grow Significantly During the Forecast Period.
A reusable surgical scissor is an instrument intended for surgical use in cutting, drilling, sawing, scratching, scraping, clamping, retracting, clipping, or similar procedures without a connection to an active device and which is intended by the manufacturer to be reused after appropriate procedures.
An increase in demand for reusable surgical scissors, a rise in the number of surgical procedures, rise in demand for advanced surgical techniques, rise in adoption of cost-effective and robust surgical instruments, and the wide availability of reusable surgical scissors are the key factors that boost the growth of the segment. For instance, according to the report published in the national health library in May 2021, 5000 surgeries are performed per 100,000 people annually in India.
Furthermore, as per the research study published in June 2021, titled "German Heart Surgery Report 2020: The Annual Updated Registry of the German Society for 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. Thus, the increasing number of surgical procedures and the rise in demand for surgical scissors are likely to boost the segment.
Additionally, reusable scissors have the advantage of avoiding cross-contamination. Scissors are the most crucial and valuable device in a surgical toolkit. They're made of medical-grade stainless steel that's been hardened regularly. Moreover, physicians utilize surgical scissors to cut tissues on the surface or within the body during an operation.
Thus, these aforementioned factors are anticipated to drive the growth of the segment over the forecast period.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall surgical scissor instruments market throughout the forecast period. The increase in the number of surgical procedures, advanced medical facilities, the number of target populations suffering from chronic diseases and disorders, and increasing health concerns, along with the growing demand for advanced surgeries and a better healthcare structure, is a major factor driving its market growth.
Furthermore, the presence of a large number of clinics and the ease of availability of technologically advanced instruments in that region is further driving its market growth. Moreover, extensive research and technological advancement, the presence of health care organizations, an increase in surgical procedures, and improving reimbursement scenarios are likely to propel the market growth.
Additionally, according to the Center for Diseases Control and Prevention, in 2020, about 600,000 women in the United States have a hysterectomy every year, about 460,000 United States residents have a cholecystectomy, and 1.3 million pregnant women seek C-section in the United States. All these procedures require surgical scissors, boosting the market growth in the country.
Thus, all the aforementioned factors are expected to boost the market in the region over the forecast period.