Albany, NY -- (SBWIRE) -- 12/22/2018 -- Competition Outlook

Examples of some of the players identified in the global surgical marking pens market are Viscot Medical, LLC Aspen Surgical (Hill Rom), Cardinal Health, Viomedex, First Aid Bandage Company (FABCO), Accu-line Products, Inc., Surgmed, and Ansell Sandel Medical Solutions LLC, among others. Major companies hold a high share in the market due to their strong presence, but are continuously being challenged by the new manufacturers. The market is distributed according to the regional preferences and adoption rate of the surgical pens in various services.

Surgical Marking Pens: Introduction

Surgical marking instruments are specifically used during surgical procedures. They are widely used in healthcare facilities throughout the world in different forms. The surgical marking pens are used on the patient's body before the surgical procedure to mark the boundaries and perform any major incision. The concept of marking on the surgical site is the most commonly followed practice by healthcare professionals worldwide for the ease of the procedure. Surgical marking pens are widely accepted due to its compatibility and easy-to-use behavior. Surgical marking instruments are essential for making surgical procedure efficient and accurate.

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High Adoption of Surgical Marking Pens

Surgical marking pens have different properties such as clear visibility, biocompatibility, non-toxic behavior and sterile factor, including operating on the correct side of the patient and/or the correct anatomical location. Surgical pens compete with surgical markers in terms of adoption at few institutional levels, but surgical marking pens are comparatively more prevalent than surgical marking markers. Surgical marking pens are ideal for a wide set of operations as the new advancements in them offer surgeons to prepare effectively whilst minimizing the risk. The common remarks observed in assessing the marking pens are that they are latex free, sterile or non-sterile, tip type, single use convenience and with large ink reservoir. The gentian violet ink has antifungal properties, which is used in the majority of surgical marking pen.

Factors Driving and Restraining the Surgical Marking Pens Market

The global market for surgical marking instruments is driven by increasing surgical procedures and trauma injuries. Technological advancements and availability of product variant in the market is likely to increase the revenue over the forecast period. They are used in pre-operative prepping and are ideal for use in plastic surgery and orthopedic surgery, and increasing surgical procedures all over the world and high adoption of surgical marking pens by the healthcare professionals are major factors driving the growth of the surgical marking pens market. In 2015, over 4 million procedures of plastic surgery were performed in the U.S. alone, chin implants increased by 76%. But when population is accounted for, South Korea tops the list of plastic surgery globally. A wide range of surgical marking pens are available in the market with different properties and at low cost, which significantly increase the demand for surgical marking pens. Likewise, the high adoption of surgical marking pen is due to its visibility and sharpness. However, risk and infection associated with surgical marking instruments can lead to cross-contamination as well as incorrect site marking and lack of guidelines are some of the factors that may hamper the growth of the surgical marking pens market.

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Surgical Marking Pens in Hospitals

Hospitals, Ambulatory Surgical Centers and Specialty Clinics are the major end-use segments in the surgical marking pens market. Hospital segment contributes maximum share in the global surgical marking pens market, as large number of surgical procedures are performed in hospitals on a regular basis. Also, high demand for surgical marking pens is observed in the Ambulatory Surgical Centers due to its regular use in surgical procedures.

Regional Outlook

North America followed by Europe will continue to dominate the global https://www.marketresearchreports.biz/pharmaceuticals-healthcare-and-medical-devices/12280/surgical-marking-pens-global-market-research-reports">surgical marking pens market in terms of revenue over the forecast period, owing to high awareness and adequate healthcare facilities the region. Furthermore, increasing prevalence of chronic disease is expected to result in higher demand for the surgical procedure over the forecast period. Asia Pacific (exc. China) is expected to have significant growth over the forecast period due to improving healthcare infrastructure and increasing awareness among healthcare professionals as well as patients.

Majority of surgical marking instrument manufacturers offer surgical marking pens.

Key Data Points Covered in the Report

The report covers exhaustive analysis on:

Surgical Marking Pens Market by product type, end user and region
Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding China, China, Middle East & Africa by product type, end user segments and country
Surgical Marking Pens Market Dynamics & Opportunity Assessment
Historical Actual Market Size, 2013 - 2017
Surgical Marking Pens Market Size & Forecast 2018 - 2026
Surgical Marking Pens Agents Current Trends/Issues/Challenges
Competition & Companies involved

Report Highlights:

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size, recent industry trends
Key competition landscape, market structure, regulatory scenario
Economical spending, regional healthcare outlook, consumer healthcare expenditure
Availability of pen and cost of pen
Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance in terms of value
Market Segmentation

By Product Type

Tip type
Fine Tip
Regular Tip

By End User

Hospitals
Specialty Clinics
Ambulatory Surgical Centers

By Region

North America
Latin America
Europe
Asia Pacific Excluding China
China
Middle East & Africa

Research Methodology

The market sizing of surgical marking pens will be done by the adopted data triangulation approach. The demand-side approach will be followed to assess the actual market size of surgical marking pens. Secondary research will be done at the initial phase to identify the feasibility of the target product/technology categories and its respective segments, product and service offerings, adoption rate and future impact of new technologies. Additionally, per capita consumption of pens among end users will be tracked at a granular level to obtain the most accurate information. Each piece of information will be eventually analyzed during the entire research project, which will help build a strong base for the primary research information.

Primary research participants include demand-side respondents such as surgeons, procurement managers, specialty clinics and ambulatory surgical centers, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market's trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players' strategies

The main aim of the report is to:

Enable key stakeholder's in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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