Global Deep Cut Blade Market Size, Share and Trends Analysis Report, By Type (Fabric Blade and Multi-Purpose Blade), and By Application (Schools and Institutions, Enterprises, and Households), Forecast Period (2022-2028)

The global deep-cut blade market is anticipated to grow at a CAGR of 2.6 % during the forecast period (2022-2028). The increase in the number of surgical treatments creating demand for the market during the forecast period. An increase in chronic illnesses such as cardiovascular disease, diabetes, and cancer is expected to create demand for surgical blades market forward during the forecast period. In Addition, ambulatory surgery centers, hospitals, and clinics have grown in number which is further supporting the market. The availability of these blades in a variety of diameters and process-specific shapes is increasing demand. Surgical blades come in a variety of shapes and profiles, allowing medical experts and teams to choose the best blade for the job. These benefits associated with the deep-cut blade is providing lucrative growth to the market over the forecast period.

However, high costs of R&D capabilities, insufficient infrastructural facilities, high costs associated with sports medicine, and a lack of awareness in developing countries are the restraining factors for the market and affecting the growth negatively. Additionally, reimbursement scenarios and technology penetration in developing economies, a high customs duty imposed on medical devices and a lack of suitable infrastructure in low and middle-income countries are challenging the market growth during the forecast period.

Some major players in the market include North American Carbide, Kennametal Foundation, ISCAR, Ingersoll Cutting Tools, Sandvik, Komet, Lovejoy Tool, and others.  The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, DEWALT 20V MAX Brushless Band Saw has the power and runtime customers expect from DEWALT. With a 20V MAX Brushless motor and 20V MAX 5Ah batteries, it can cut up to 5 in. x 4-3/4 in. rectangular material and up to 4 in. round material. It’s compatible with all DEWALT 20V MAX and FLEXVOLT batteries, and includes blade speed control, an integrated hang hook, and a durable rubber base.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- North American Carbide, Kennametal Foundation, ISCAR, Ingersoll Cutting Tools, Sandvik, Komet, Lovejoy Tool, and

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Deep Cut Blade Market Report by Segment

By Type

• Fabric Blade
• Multi-Purpose Blade

By Application

• Schools and Institutions
• Enterprises
• Households

Global Deep Cut Blade Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa