Surgical Stapler Market Report Overview by Type, By Product Type, By Application, By End User and by Geography – Opportunities & Forecast, 2018-2025
Surgical Stapler Market Report Overview by Type (Disposable and Reusable), By Product Type (Powered, Manual), By Application (General Surgery, Gynecology, Colorectal, Urology and Others), By End User (Hospitals, Ambulatory Surgical Centres and Clinics) and by Geography – Opportunities & Forecast, 2018-2025
Global surgical stapler market generated a revenue of USD 3,046.3 million in 2017, and is forecast to reach USD 5,636.6 million by the end of 2025, exhibiting a CAGR of 8.2% during the upcoming years (2018-2025), owing to the increasing deployment of advanced technologies to carry out endoscopic procedures.
Figure 1: Global Surgical Stapler Market Revenue, 2018–2025 (USD Million)
Source: GMI Research
To have an edge over the competition by knowing the market dynamics and current trends of “Surgical Stapler Market,” request for Sample Report here
Major Surgical Stapler Market Drivers
The surgical stapler market is expected to witness a promising growth over the forecast period, owing to the increasing inclination towards minimally invasive surgeries because of the increasing occurrence of chronic diseases and technological innovations in surgical staplers. For Instance, in 2021, Ethicon, a part of Johsnon and Johnson company introduced the powered surgical stapler, theEchelon stapler with gripping surface technology reloads. Increasing application of surgical staplers in surgeries like gastrointestinal, gynecological, and thoracic, etc. as they help remove part of an organ, which is expected to propel the market growth. Also, the advent of powered surgical devices and the growing need for tissue & wound management is likely to further drive the surgical stapler market size.
Surgical staplers are user-friendly, strong, and less painful than stitches, which helps them in minimizing the time of surgeries and cause less pain and inflammation, which will strengthen the market growth. The favorable reimbursement policies and the growing trend of cosmetic surgeries among individuals to improve their physical appearance an increasing medical and cosmetic tourism, are some major factors projected to strengthen the market growth. However, high risk of infections and rigorous norms have hampered the adoption of surgical staplers among the population, and therefore, is estimated to obstruct the market expansion.
Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report
Product Type Segment Analysis
Powered Stapling Devices are expected to witness the fastest CAGR over the forecast period, owing to the growing demand and increasing number of surgeries. These powered stapling devices will assist the doctors tackle the chances of fatigue caused due to the high procedure volume in hospital emergency wards. Moreover, the powered stapling devices helps in easing the wound closure without the need of manual firing force, which is expected to fuel the segment’s growth.
The manual staplers are projected to hold a larger CAGR over the analysis period, because of the easy availability and cos-efficiency. Moreover, leading vendors are increasingly emphasizing on the production of manual surgical staplers will augment the market growth. Thus, healthcare facilities in the U.S. are emphasizing on the adoption of manual staplers thereby, fueling the market growth.
Type Segment Analysis
Disposable segment is forecast to lead the market over the forecast period, owing to the growing concerns about the communicable infections. The Centers for Disease Control and Prevention (CDC) encourages the application of disposable devices and offers norms to impede the spread of pathogens. Regulatory authorities such as the U.S. Food and Drug Administration (FDA) have introduced some norms to ensure that norms set for sterilization of medical devices are followed to avoid infections. surgeries especially anastomosis procedures, rising awareness and product launches. For instance, in July 2017, Ethicon launched Echeleon Flex GST System across Europe. Furthermore, higher adoption rate of disposable staplers to carry out chronic surgeries across emerging countries such as China and India are expected to drive the market.
Application Segment Analysis
Gynecology is forecast to witness a faster CAGR over the upcoming years, because of the increasing number of caesarean deliveries as compared to normal deliveries. For instance, as per the data published by the Centers for Disease Control and Prevention (CDC), in 2018, the cesarean deliveries in the U.S. were approximately 1,2 million, i.e. around 31% of the total normal deliveries. The need for surgical staplers in caesarean deliveries for the skin closure will expand the market growth.
In case, any of your pain points areas are not covered in the current scope of this report, Request for Customization here
Regional Insights
North America is projected to lead the overall market during the forecast period, owing to the increasing incidences of obesity and increasing number of total surgeries performed. Additionally, approvals by FDA for minimally invasive surgeries are expected to augment the regional growth. In December 2021, Intuitive was approved by Food and Drug Administration for an 8mm Sureform 30 curved-Tip Stapler, a robotic stapler with 120-degree articulation and Smartfire technology. Also, the growing cases of osteoarthritis in the United States has augmented the adoption of surgical staplers. According to the Centers for Disease Control and Prevention report in 2021 , in the United States, 24% of all adults, or 58.5 million people have arthritis.
Asia Pacific is predicted to witness a higher CAGR over the upcoming years, owing to the increasing number of patients in economies like India, China, and Japan. Rising number of surgical procedures and increase in the healthcare expenditure has bolstered the demand for stapling. Increasing investment by leading players and strategic initiatives enforced will offer enormous opportunities to the market
Top Market Players
Players, such as Dextera Surgical Inc., Frankenman International Ltd. are focusing on product innovation and launch activities to expand their product portfolio and geographical reach. For instance, Dextera signed marketing agreement with B.Braun Surgical to sell its MicroCutter 5/80 surgical stapler in Spain and expand its geographical reach.
Global surgical staplers market share is divided by the various notable players operating in the market including Becton, Dickinson and Company; Ethicon Inc. (A Johnson & Johnson subsidiary), B. Braun Melsungen AG, Smith & Nephew, CONMED Corporation, Dextera Surgical Inc., Meril Life Sciences Pvt. Ltd., Frankenman International Limited, XNY Medical, Grena Ltd. among others.
Key Developments
-
- In August 2021, Fuse Medical Inc. declared the introduction of implantations of the Fuse Orbutum Compression Staple, which is the latest addition to its Comprehensive orthopedic portfolio of internal fixation devices for upper and lower extremities.
- In 2019, Ethicon, introduced the first powered circular stapler to help address a serious complication associated with colorectal, gastric and thoracic surgery.The ECHELON CIRCULAR Powered Stapler will minimize the leaks 61% at the staple line compared to Medtronic’s DST Series EEA Stapler.
- In 2019, MedShape Inc. introduced the DynaClip Bone Fixation system symbolizing the next generation in bone stapling. It offers dynamic compression and enhanced durability to withstand the demanding loading conditions in the foot and ankle.
- In 2019, CONMED Corporation acquired a privately-held Buffalo Filter LLC (Buffalo Filter) from Filtration Group.
Segments covered in the Report:
The global surgical staplers market has been segmented based on type, product type, application , end user and key geographies. Based on the type, the market has been segmented into disposable and reusable. Based on product type, the market has been segmented into powered and manual. Based on application, the market has been segmented into general surgery, synecology, colorectal, urology and others. Based on end user, the market has been segmented into hospitals, ambulatory surgical centres and clinics.
For detailed scope of the “Surgical Stapler Market” report request a Sample Copy of the report
- Published Date: June-2019
- Report Format: Excel/PPT
- Report Code: HM51A-00-0719
Licensing Options
Single-User License:
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Surgical Stapler Market Report Overview by Type, By Product Type, By Application, By End User and by Geography – Opportunities & Forecast, 2018-2025
$ 4,499.00 – $ 6,649.00