Bistoury market- Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)
Bistoury market size is expected to reach billion dollar market by
2025. The reports forecast the bistoury market by type, application and region.
It highlights COVID-19 impact on the bistoury industry.
Bistoury Market
Global Bistoury Market: by Type
(#3 Handles and #4 Handles), by Application (Electrocautery and Lasers), and by
Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast
(2020–2025)
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The bistoury market report covers
a thorough analysis of the market dynamics, business models, segmental/regional
analysis, and respective market shares and strategies adopted by the key market
players operating globally. It entails an in-depth analysis of the factors
influencing the global market and market statistics indicating region wise and
segment-wise market share/growth analysis. The report's study will outlook one
of the most exhaustive analyses of the market, capturing all the bistoury
industry aspects.
Bistoury Market
Introduction
The bistoury market size
is expected to witness a modest CAGR of 4.2% during the forecast period
(2020-2025). Bistoury is a small and sharp knife that is mainly used for
surgery. It is a long, narrow, straight, or curved blade, made of solidified
& tempered steel, stainless steel, or high carbon steel. Bistoury is also
known as a scalpel or lancet blades. The rising trend for disposable and
reusable bistoury is expected to offer growth to the market in the coming years.
Factors
Affecting the Bistoury Industry over the Forecast Period
·
Rising healthcare
spending in the emerging economies, such as India and China, is leading to the
growth of the healthcare infrastructure in the respected countries, which in
turn, is rising the need for medical devices and equipment, including bistoury.
This is expected to propel the market growth of bistoury over the forecast
period.
·
The rising medical
tourism in Asia Pacific economies will raise the sales of bistoury in the
Asia-Pacific economies.
·
However, a limited
range of shapes and sizes of bistoury blades may restrain the growth of
bistoury in the global market over the forecast period.
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Impact of COVID-19 on Bistoury Market
The COVID-19 pandemic has affected the
global economy; however, there are certain industries that have represented
considerable growth amidst the crisis. The healthcare industry has seen
considerable growth, backed by the rise in immunity-boosting products and
medical equipment and devices. The global sales for bistoury are expected to
increase during the pandemic, owing to the rise in the patient base across the
globe due to the outbreak of the pandemic. Therefore, considerable growth in
the market value can be expected in 2020 and over the forecast period.
Scope of the Report
The report outlines the global bistoury
market study based on type and application.
The bistoury market has been segmented
on the basis of type –
·
#3 Handles
·
#4 Handles
The bistoury market has been segmented
on the basis of application –
·
Electrocautery
·
Lasers
Bistoury Market: Regional Outlook
Based on the
region, the global bistoury
market has been segmented
into five geographical regions, namely, North America, Asia Pacific, Europe,
South America, and the Middle East and Africa. In 2019, North America held the
largest share in the bistoury market, followed by the Asia Pacific and Europe. North America
is further estimated to dominate the global bistoury market during the forecast
period. Moreover, Asia Pacific is expected to project the highest CAGR
globally over the forecast period.
Bistoury Market Key Competitors
Includes –
The key bistoury market manufacturers operating in the global market are Hygiene, OsteoMed LLC
The bistoury
market report provides a thorough analysis of macro-economic factors and every
segment's market attractiveness. The report will include an in-depth qualitative
and quantitative assessment of segmental/regional outlook with the market
players' presence in the respective segment and region/country. The information
concluded in the report includes the inputs.
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