Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Global Disposable Tweezers Market, by Product Type (Plastic and Stainless Steel), by Application (Dental, Surgical, Forensics, and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 276.0 million in 2020 and is expected to exhibit a CAGR of 5.30% over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.
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The global disposable tweezers market is expected to witness significant growth, as key companies are focusing on strategic mergers and acquisitions to strengthen their position in the market. For instance, in 2018, AUCTUS Capital Partners AG, a company that focuses on healthcare, education, industrial, business services, and logistic sectors, acquired Robert Bürkle GmbH. The acquisition assisted Burkle GmbH to expand its market positioning in medical device sector.
Global Disposable Tweezers Market – Impact of Coronavirus (Covid-19)
- The COVID-19 pandemic has drastically affected every market worldwide and it is expected to affect the global disposable tweezers market in the following ways:
- According to American Dental Association report published in June 2020, the U.S. dental economy might decline by 30-40% due to decrease in dental procedures in the U.S. due to the COVID-19 outbreak. Such factors are expected to affect the disposable tweezers market growth.
- Various guidelines are implemented by government regulatory bodies to avoid the spread of COVID-19 infection through use of medical devices and surgical equipment. For instance, in May 2020, according to American Society of Plastic Surgeons published report, all elective surgeries and non-essential patient care services are to be delayed due to COVID-19 pandemic and it also stated that proper sanitization of medical equipment such as tweezers, PPE kits, and surgical devices should be sanitized and used for surgical procedures.
The global disposable tweezers market is expected to gain significant growth during the forecast period in Europe, owing to increasing dental surgeries due to rising prevalence of oral diseases such as dental caries, oral infectious diseases, trauma from injuries, and hereditary lesions. According to World Health Organization report published in 2016, around 30% of individuals are suffering from severe periodontal disease in Europe.
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Key Takeaways of the Global Disposable Tweezers Market:
- The global disposable tweezers market is expected to exhibit a CAGR of 5.30% over the forecast period, as key companies are focusing on strategies such as mergers and acquisitions, and increasing prevalence of dentistry procedures
- Among product type, the plastic segment is estimated to hold a dominant position in the disposable tweezers market in 2020, as key companies are focusing on developing tweezers with HDPE and PS plastic materials, mainly due to its recycling nature
- Among application, the surgical segment is estimated to hold a dominant position in the disposable tweezers market in 2020, owing to rising prevalence of surgical procedures such as heart surgery and brain surgery
- Key players operating in the global disposable tweezers market include Burkle Inc, Sampling Systems Ltd, TIGA-MED Germany GmbH, MECO Instruments Pvt. Ltd, Arrowhead Forensics, 3M Healthcare, Cole-Parmer, Caplugs Evergreen, MilliporeSigma, and Changzhou Yuekang Medical Appliance Co. ., Ltd.
Browse 33 Market Data Tables and 32 Figures spread through 175 Pages and in-depth TOC on “Global Disposable Tweezers Market, by Product Type (Plastic and Stainless Steel), By Application (Dental, Surgical, Forensics, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).
To know the latest trends and insights prevalent in the global disposable tweezers market press release, click the link below: https://www.coherentmarketinsights.com/press-release/disposable-tweezers-market-3500
- Global Disposable Tweezers Market, By Product Type :
- Stainless Steel
- Global Disposable Tweezers Market, By Application:
- Global Disposable Tweezers Market, By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
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