Global Surgical Blades Market to Reach $172.9 Million by 2027
Amid the COVID-19 crisis, the global market for Surgical Blades estimated at US$134.2 Million in the year 2020, is projected to reach a revised size of US$172.9 Million by 2027, growing at a CAGR of 3.7% over the period 2020-2027. Sterile, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach US$156.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Sterile segment is readjusted to a revised 6.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $36.3 Million, While China is Forecast to Grow at 6% CAGR
The Surgical Blades market in the U.S. is estimated at US$36.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$34.3 Million by the year 2027 trailing a CAGR of 5.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Select Competitors (Total 44 Featured):
Amid the COVID-19 crisis, the global market for Surgical Blades estimated at US$134.2 Million in the year 2020, is projected to reach a revised size of US$172.9 Million by 2027, growing at a CAGR of 3.7% over the period 2020-2027. Sterile, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach US$156.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Sterile segment is readjusted to a revised 6.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $36.3 Million, While China is Forecast to Grow at 6% CAGR
The Surgical Blades market in the U.S. is estimated at US$36.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$34.3 Million by the year 2027 trailing a CAGR of 5.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Select Competitors (Total 44 Featured):
- Beaver-Visitec International, Inc.
- Cincinnati Surgical Co. Inc.
- Hill-Rom Holdings, Inc.
- Huaiyin Medical Instruments Co., Ltd.
- Hu-Friedy Mfg. Co., LLC
- Kai Corporation
- Kawamoto Corporation
- PL Medical Co., LLC
- Swann-Morton Limited
- Vogt Medical Vertrieb GmbH
Frequently Asked Questions about the Global Market for Surgical Blades
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I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
1. MARKET OVERVIEW
III. MARKET ANALYSIS
IV. COMPETITION
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