Medical steel is a variety of stainless steel used in biomedical applications. It’s commonly used in scalpel, screws that stabilize broken bones, and in needles, etc. Needless to say, hygiene comes as utmost priority. It’s highly resistant to corrosion and heat, making it a suitable as biomedical material — it can also be sterilized in high temperature.

This report contains market size and forecasts of Medical Grade Stainless Steel in global, including the following market information:
Global Medical Grade Stainless Steel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Medical Grade Stainless Steel Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Medical Grade Stainless Steel companies in 2021 (%)
The global Medical Grade Stainless Steel market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
304 Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Medical Grade Stainless Steel include Baowu, JISCO, Ansteel, Carpenter Technology Corporation, Thyssenkrupp AG, Pohang Iron & Steel (Posco), Allegheny Technologies, AK Steel and POSCO, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Medical Grade Stainless Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Medical Grade Stainless Steel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Medical Grade Stainless Steel Market Segment Percentages, by Type, 2021 (%)
304
316
Others
Global Medical Grade Stainless Steel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Medical Grade Stainless Steel Market Segment Percentages, by Application, 2021 (%)
Implants
Surgical Tools
Medical Equipment
Others
Global Medical Grade Stainless Steel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Medical Grade Stainless Steel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Medical Grade Stainless Steel revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Medical Grade Stainless Steel revenues share in global market, 2021 (%)
Key companies Medical Grade Stainless Steel sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Medical Grade Stainless Steel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baowu
JISCO
Ansteel
Carpenter Technology Corporation
Thyssenkrupp AG
Pohang Iron & Steel (Posco)
Allegheny Technologies
AK Steel
POSCO
Shougang Group
Shagang Group