Surgical Scissors Market Expected to Reach $437 Million by 2027

According to a new report published by Allied Market Research, titled, “Surgical Scissors Market by Type, Application, and End User: Opportunity Analysis and Industry Forecast, 2019–2027," the global surgical scissors market was valued at $331 million in 2019, and is projected to reach $437 million by 2027, registering a CAGR of 3.5% from 2019 to 2027.

Surgical scissor is a medical instrument used for various surgical procedures such as cardiac, neurological, and orthopedic fields. There are numerous types of materials used for manufacturing surgical scissors, the choice of which depends on factors such as affordability & preference of surgeons. There are two types of scissors available in the market, which include reusable scissors and disposable scissors. Stainless steel is a commonly used material for manufacturing surgical scissors, whereas titanium & tungsten carbide are used to attain better sharpness for incision during surgeries. There are different type of reusable surgical scissors models available in market which include operating, iris, dissecting, stitch, fine serrated blade, micro scissors, light weight-delicate, and others.

The global surgical scissors market is driven by rise in incidences and prevalence of chronic diseases, increase in number of surgical procedures, and growth in demand for cost-effective & robust surgical instruments globally. In addition, technological advancements in surgical devices, increase in geriatric population undergoing various surgical procedures, cost-effective nature of disposable surgical scissors, surge in use of surgical scissors in orthopedic, cardiology, gastroenterology, and other surgical procedures, and rise in demand for minimally invasive surgical procedures are expected to fuel the surgical scissors market growth. Furthermore, disposable surgical scissors are better surgical tools in terms of microbial contamination, as they are of one-time use, which fuels the growth of the global surgical scissors market. However, chances of developing infection, owing to use of contaminated reusable scissor are expected to hamper the market growth.

COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe respiratory diseases. This COVID-19 pandemic has affected surgical scissors production and import & export of raw materials and finished goods, owing to shutdowns in various COVID-19 affected countries. Temporary disruptions of inputs or production might stress some companies, particularly those with inadequate liquidity. Moreover, delayed shipments & production schedules create financial problems for companies with heavy debts. This, in turn, has limited impact of COVID-19 on the market

On the basis of type, the market is categorized into reusable surgical scissors and disposable surgical scissors. Presently, the reusable surgical scissors segment dominates the global market, and is anticipated to continue this trend during the forecast period. The key factors that drive the market growth include increase in number of surgical procedures, wide usage in different types of surgical procedures,  rise in demand for advanced surgical techniques, and surge in need for minimally invasive surgical procedures.

By application, the market is classified into orthopedics, cardiology, neurology, and others. Presently, the gastroenterology segment accounted for majority of the surgical scissors market share in 2019, owing to increase in number of gastroenterology surgery cases, rise in geriatric population, increase in number of minimally invasive laparoscopic surgeries, and surge in prevalence of digestive track disorders.

Key Findings Of The Study 

• By type, the reusable surgical scissors segment held largest market share in 2019, and is expected to remain dominant throughout the forecast period.
• On the basis of application, the gastroenterology segment held largest market share in 2019, and is expected to remain dominant throughout the forecast period. 
• According to end user, the ambulatory surgical centers segment exhibits fastest growth, and is expected to grow at a CAGR of 3.8% from 2019 to 2027.
• Based on region, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 4.7% during the forecast period. 

Asia-Pacific accounted for approximately 38.0% of the global surgical scissors market share in 2019, and is expected to witness the highest growth rate during the forecast period, owing to improvement in healthcare infrastructure, rise in number of hospitals equipped with advanced medical facilities, development of the R&D sector, rise in healthcare reforms, and technological advancements in the field of healthcare. In addition, surge in focus of leading manufacturers on expanding their geographical presence in emerging Asia-Pacific countries to capture high growth opportunities boosts the growth of the market.