Global Surgical Blade Market Size & Outlook, 2023-2030
The surgical blade industry worldwide is expected to reach a projected revenue of US$ 289.1 million by 2030. A compound annual growth rate of 5.2% is expected of the worldwide surgical blade industry from 2024 to 2030.
Revenue, 2023 (US$M)
$202.7
Forecast, 2030 (US$M)
$289.1
CAGR, 2024 - 2030
5.2%
Report Coverage
Worldwide
Global surgical blade market, 2018-2030 (US$M)
Related Markets
Global surgical blade market highlights
- The global surgical blade market generated a revenue of USD 202.7 million in 2023 and is expected to reach USD 289.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, stainless steel accounted for a revenue of USD 87.4 million in 2023.
- Stainless steel is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 202.7 million |
| Market revenue in 2030 | USD 289.1 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Stainless steel |
| Fastest growing segment | Stainless steel |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stainless steel, High-grade carbon steel, Other |
Other key industry trends
- In terms of revenue, the North America accounted for 35.7% of the global surgical blade market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 6.0 million by 2030.
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Surgical Blade Market Scope
Surgical blade market segmentation & scope
Surgical Blade Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global surgical blade market size, by regions, 2018-2030 (US$M)
Top 10 countries: Surgical blade market size, 2023 (US$M)
Global surgical blade market share, by product, 2023 & 2030 (%, US$M)
Surgical blade market: Opportunity assessment by country
Global surgical blade market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 59.4 | 61.5 | 51.1 | 57.8 | 69.3 | 72.4 | 75.8 | 79.4 | 83.5 | 87.9 | 92.7 | 98.0 | 103.7 | 5.3% |
| Europe | 44.4 | 45.8 | 37.9 | 42.7 | 51.0 | 53.1 | 55.3 | 57.8 | 60.5 | 63.5 | 66.7 | 70.2 | 74.1 | 4.9% |
| Asia Pacific | 43.2 | 44.9 | 37.4 | 42.5 | 51.1 | 53.5 | 56.2 | 59.2 | 62.4 | 65.9 | 69.7 | 73.9 | 78.5 | 5.6% |
| Latin America | 9.8 | 10.0 | 8.3 | 9.3 | 11.1 | 11.5 | 11.9 | 12.4 | 13.0 | 13.6 | 14.2 | 14.9 | 15.7 | 4.5% |
| MEA | 10.3 | 10.7 | 8.8 | 9.9 | 11.9 | 12.3 | 12.8 | 13.4 | 14.0 | 14.7 | 15.5 | 16.3 | 17.1 | 4.8% |
| Overall | 167.0 | 172.9 | 143.5 | 162.2 | 194.2 | 202.7 | 212.1 | 222.3 | 233.4 | 245.5 | 258.8 | 273.2 | 289.1 | 5.2% |
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