Increasing Number of Surgeries Due To High Burden of Chronic Disease Is Fostering the Growth of the Surgical Blades Market
Surgical
blades are essential and have to be held up to the highest professional
standards of quality. These very sharp medical tools and are a vital part of
ensuring that every operation perform is conducted safely and to the very
highest standards. There are a number of different kinds of surgical blades
available in the market. Straightness in these blades is typically used in
invasive surgery involving the inner abdominal cavity, as they are able to cut
downwards through the tissue without the knife accidentally ripping through the
lining of the stomach.
A growing number of surgeries around the globe
is propelling the growth of the surgical blade market. Increasing cases of road
accidents is another key factor propelling the growth of the surgical
blade market. According to the World Health Organization, every year
the lives of approximately 1.35 million people are cut short as a result of a
road traffic crash. Between 20 and 50 million more people suffer non-fatal
injuries, with many incurring a disability as a result of their injury.
Moreover, the increasing prevalence of chronic disease coupled with the growing
geriatric population is again augmenting the growth of the market. Increasing
global healthcare expenditure by the government for improving healthcare
facilities is further projected to bolster the growth of the surgical blade
market.
North
America is projected to exhibit significant growth over the forecast period and
this is attributed to the increasing number of minimally invasive surgeries in
the region. According to the American Society of Plastic Surgeons, in 2019,
minimally invasive cosmetic procedures grew at a slightly higher rate. Among
the 16.3 million cosmetics minimally invasive procedure performed in 2019, up 2
percent compared to 2018 data, the top 5 were: Botulinum toxin type A (7.69
million procedures), Soft tissue fillers (2.72 million procedures), Chemical
peel (1.38 million procedures), Laser hair removal (1.0 million procedures),
and Intense Pulsed Light (IPL) treatment (685,755 procedures).
Key Developments:
1. In October 2020, Entrepix Medical, LLC, medical
technology has announced the launch of Planatome® Technology. This patented
technology produces a radically unique, patient-focused surgical blade with an
ultra-smooth, precise, and consistent cutting surface that dramatically
minimizes surgically-induced tissue trauma.
2. In May 2019, Surgical Specialties Corporation (SSC)
announced the launch of Caliber Ophthalmics, a new business division.
3. In May 2019, Obp, the global developer of
single-use, self-contained, illuminating medical devices, announced the launch
of ONETRAC LX, a new and improved line of single-use, cordless surgical
retractors with an integrated multi-LED light source and dual smoke evacuation
channels.
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