Wilmington, Delaware, United States, Transparency Market Research Inc.: The global surgical scissors market is expected to witness moderate growth during the forecast period between 2021 and 2031.
Wilmington, Delaware, United States, Transparency Market Research Inc.: The global surgical scissors market is expected to witness moderate growth during the forecast period between 2021 and 2031.
Surgical scissors are medical products which have been deployed in various surgical procedures to cut tissues in the human body. Available in reusable and disposable forms and in various sizes and shapes, surgical scissors possess sharper edges, which assists in easier incisions.
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COVID-19 pandemic negatively impacted growth in global surgical scissors market. With rising cases worldwide, governments were forced to impose social distancing regulations in a bid to contain the spread of the virus.
This led to postponement of different surgical procedures at healthcare infrastructure units, thereby reducing the demand for surgical scissors and impacting global market growth.
It is anticipated that with most population sections double vaccinated and approval given to the use of a third booster dose to various population sections, demand for surgical scissors will rise, thereby positively impacting growth in global market.
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Surgical Scissors Market - Trends and Opportunities
Growing demand for minimally invasive surgeries in leading economies globally has emerged as key growth driver for global surgical scissors market.
Increase in number of surgical procedures in healthcare infrastructure facilities is expected to fuel the growth in overall surgical scissors market, in the coming years.
Another factor that could propel surgical scissors market in the years ahead is the availability of surgical scissors at affordable prices, which is expected to increase product demand and contribute to growth of overall surgical scissors market, in the years ahead.
Advancements to existing surgical scissors could trigger product demand in future, too and create revenue-generating opportunities for leading players in global surgical scissors market.
Other factors such as surge in healthcare costs and growing aging population are also projected to contribute to global market growth, in years to come.
Hospital end-use segment is expected to make the largest contribution, in terms of revenue, to overall market because of increasing surgical scissors demand for different procedures at hospitals in prominent countries worldwide.
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Surgical Scissors Market - Competitive Landscape
The global surgical scissors market is extremely competitive, with the presence of several prominent players. Many of these players have become competitive owing to years of delivering consistent results and are expected to account for a large share in future.
New product launches could be a key, revenue-generating growth strategy for well-established market players and help them gain a competitive edge over other players.
Prominent surgical scissors market players could sign collaborative agreements with smaller plyers in a bid to expand their market presence and increase their revenue shares.
Some of the well-established market players in global surgical scissors market include Dickinson and Co., Becton, World Precison Instruments, Integra LifeSciences Corporation, and Arthrex Inc.
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Surgical Scissors Market - Regional Assessment
The global surgical scissors market is divided into four regions, namely, North America, Europe, Asia Pacific, and rest of the world.
North America is projected to be the dominant region in global surgical scissors market because of growing number of surgical procedures and supportive government policies in countries such as US and Canada, contributing significantly to market growth in the region.
Presence of developed healthcare infrastructure facilities in these countries is also anticipated to fuel the growth in surgical scissors market, in future.
Asia Pacific is expected to offer significant revenue-generating opportunities for prominent surgical scissors market players in the coming years because of increasing product demand at healthcare infrastructure facilities in countries such as India.
Europe is anticipated to witness strong growth in overall market because of factors such as increasing patient base in countries such as Germany and Italy.
The rest of the world is expected to witness moderate growth in overall surgical scissors market, in the years ahead.
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