Global Surgical Staplers Market – Industry Analysis and Forecast (2019-2026) – By Product, Technology, Usability, Surgery, End User and Region.
Global Surgical Staplers Market was valued US$ 4.10 Bn in 2018 and is expected to reach US$ 7.20 Bn by 2026, at a CAGR of 8.38 % during a forecast period.
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Surgical staplers are used in surgery to close skin wounds, join, or remove parts of the bowels or lungs. Presently, staplers are preferred over sutures because of its easier, faster, accurate, and consistent to use feature over the usage of the hand sutures.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Global Surgical Staplers Market report is analyzed the in-depth analysis of opportunities, challenges, market key trends, market indicators along with the graphical representation of attractiveness analysis as per segments. An increase in penetration of surgical staplers in emerging countries, healthcare expenditure, and focus of leading players and rapid infrastructure development of hospitals across the globe are some of the prominent factors behind the growth in the global surgical staplers market.
On the other hand, the high cost of surgical staplers devices is limiting the growth of the surgical staplers market. Additionally, an increase in demand for advanced wound closure materials like glues & fibrin sealants, price competition in the industry, and the side effects like allergic or adverse reactions concerning with products titanium or steel are some of the factors, which are limiting the growth in the global surgical staplers market.
The disposable surgical stapler segment is contributing US$XX Mn share in the global surgical staplers market. These staplers are helping to prevent the chances of surgical infection and enhance the procedure quality. These surgical staplers are also cost-effective over the cost of the reusable staplers.
A shift towards the adoption of the clinical efficiency models in the hospital, which include the introduction of robotic technology in surgery is one of the major trends witnessed in the market. Robotic surgeries enhance the outcome of minimally invasive surgeries. The hospital segment is expected to keep its dominant position during the forecast period because of the favorable reimbursement scenario for bariatric surgeries.
Region-Wise, the North America region is estimated to hold the dominant position in the global surgical staplers market. The dominance of the North America region is attributed to factors like the growth in the geriatric population, consumer preference for bariatric and cosmetic surgeries, availability of technologically advanced products and their higher adoption rate among surgeons and patients. Additionally, the presence of leading surgical stapler manufactures in the region is also boosting the growth in the global surgical staplers market.
Some of the prominent key players are adopting various strategies to expand their global presence. The key strategies implemented by the key players include expansions & investments, new product launch, acquisitions, new product developments, and agreements. With technical advancements, several market key players are commercializing staplers used for endoscopic surgeries. For instance, in 2018, Ethicon Company launched the ECHELON FLEX GST System for staple line integrity across an extensive range of tissue thicknesses under its bariatric revision surgical solutions.
The objective of the report is to present comprehensive analysis of global surgical staplers market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding global surgical staplers market dynamics, structure by analysing the market segments, and project the global surgical staplers market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Surgical Staplers Market make the report investor’s guide.
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Global Surgical Staplers Market, By Product
• Linear Stapler
• Circular Stapler
• Skin Stapler
• Endoscopic Staplers
Global Surgical Staplers Market, By Technology
Global Surgical Staplers Market, By Usability
Global Surgical Staplers Market, By Surgery
• Gynaecology Surgery
• Cardiac Surgery
• Bariatric Surgery
• Colorectal Surgery
Global Surgical Staplers Market, By End User
• Ambulatory Surgical Centers (ASCS) & Clinics
Global Surgical Staplers Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Surgical Staplers Market
• Becton Dickinson
• 3M Company
• B. Braun Melsungen AG
• Purple Surgical
• Frankenman International Ltd.
• Welfare Medical Ltd.
• Reach Surgical
• Grena Ltd.
• Meril Life Sciences Pvt Ltd.
• Medtronic PLC
• Intuitive Surgical Inc.
• Dextera Surgical Inc.
• Conmed Corporation
• Smith & Nephew
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