Surgical Stapler

The “Surgical Stapler Market” research report presents an in-depth analysis of the market size, growth, share, segments, manufacturers, and forecast, competition landscape, and growth opportunity. The research for the Global Surgical Stapler Market collects and analyzes numerical data related to services and products. This research gives you an idea of what your target audience needs to understand, need and want. Surgical Stapler Market research collects data about customers, marketing strategies, and competitors.

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Market Overview:

  • The surgical stapler market was valued at USD 3,300 million in 2018 and is expected to reach USD 4,883.39 million by 2024, with an anticipated CAGR of 6.75%, during the forecast period, 2019-2024.
  • The major factors attributing to the growth of the surgical stapler market include increasing preference for minimally invasive procedures, technological advancement, and increasing usage of surgical staplers in bariatric surgery.
  • According to the estimates of the American Society for Metabolic & Bariatric Surgery, in the United States, the number of bariatric surgeries were 228,000 in 2017, as compared to 158,000 in 2011. Bariatric and other weight loss-related surgeries use surgical staplers to close the surgical openings, and this is ultimately driving the market studied. Surgical staplers offer benefits, such as faster recovery, less pain, coagulation, and accurate closure. The United States accounts for the largest number of patents filed for surgical staplers and related devices, with companies, like Dextera Surgical and Ethicon, continuously researching to develop superior surgical staplers. These technological advancements have helped in the growth of the market studied.

    Top Key Players Are:

  • CONMED Corporation
  • B. Braun Melsungen AG
  • Ethicon Inc. (Johnson & Johnson)
  • Frankenman International Limited
  • Intuitive Surgical Inc.
  • Medtronic PLC
  • Meril Life Science Pvt. Ltd
  • Purple Surgical Inc.
  • Smith & Nephew
  • 3M Company
  • Grena Ltd

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    Key Market Trends:

    Disposable Surgical Stapler Segment Holds a Major Share in the Market

    Disposal surgical staplers are one-time use devices, mostly made of plastic. These devices cannot be sterilized and reused again. The disposal staplers are preferred as they reduce the chances of surgical infection, which ultimately enhances the procedure quality. Additionally, the transmission of infectious diseases from patient to the medical personnel can be prevented in the disposal surgical staplers. Disposal surgical staplers are also cost-effective when compared to the reusable staplers. Avoiding transmitting of infections through contaminated devices is very crucial for the healthcare organizations, which is considered to be the major problem associated with the reusable devices. Also, the sterilization of the reusable devices’ complex procedure requires proper care and maintenance. This single factor has been the key driver of the market and has helped the disposal of surgical staplers to hold a large share.

    North America Dominates the Market and is Expected to do the Same in the Forecast Period

    North America is expected to dominate the overall market throughout the forecast period. This is due to the large obese population and an increasing number of various surgical procedures. Various applications of surgical staplers include the areas of gynecology, abdominal surgeries, cardiothoracic and orthopedic surgeries, etc. In the North American region, the United States holds the largest market share. The United States witnessed a rapid increase in the number of diseases, like obesity, cardiovascular problems, and different types of cancers, contributing to the rise in the number of surgeries, both open as well as minimally invasive types. The increase in minimally invasive surgeries taking place for chronic diseases has helped in the growth of the surgical stapler market.

    Vital Pointers Counted:

    • Product consumption patterns
    • A valuation that each of these regions accounts for in the industry
    • Market share which every region holds
    • Consumption market share across the geographies
    • Product consumption growth rate
    • Geographical consumption rate

    Reasons to Purchase This Report: –

    • Analysing the outlook of the Surgical Stapler market with the recent trends and Porter’s five forces analysis
    • To study current and future market outlook in the developed and emerging markets
    • Market dynamics scenario, along with growth opportunities of the market in the years to come
    • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
    • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
    • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
    • Distribution Channel Sales Analysis by Value
    • Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategy employed by the major market players

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    Detailed TOC of Surgical Stapler Market – Segmented by Geography – Growth, Trend, and Forecast:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Preference for Minimally Invasive Procedures
    4.2.2 Technological Advances, like Introduction of Absorbable Stapler
    4.2.3 Increasing Usage of Surgical Staplers in Bariatric Surgery
    4.3 Market Restraints
    4.3.1 Increased Risk of Infections and Other Adverse Events
    4.3.2 Stringent Safety Regulations
    4.4 Porter,s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Products
    5.1.1 Linear Surgical Stapler
    5.1.2 Circular Surgical Stapler
    5.1.3 Cutter Stapler
    5.1.4 Skin Stapler
    5.1.5 Stapler Reload
    5.2 By Application
    5.2.1 Abdominal Surgery
    5.2.2 Obstetrics and Gynecological Surgeries
    5.2.3 Cardiac and Thoracic Surgeries
    5.2.4 Orthopedic Surgery
    5.2.5 Other Surgical Applications
    5.3 By Mechanism
    5.3.1 Manual Surgical Stapler
    5.3.2 Powered Surgical Stapler
    5.4 By Usability
    5.4.1 Disposable Surgical Stapler
    5.4.2 Reusable Surgical Stapler
    5.5 Geography
    5.5.1 North America
    5.5.1.1 US
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 UK
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Middle East & Africa
    5.5.4.1 GCC
    5.5.4.2 South Africa
    5.5.4.3 Rest of Middle East & Africa
    5.5.5 South America
    5.5.5.1 Brazil
    5.5.5.2 Argentina
    5.5.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 CONMED Corporation
    6.1.2 B. Braun Melsungen AG
    6.1.3 Ethicon Inc. (Johnson & Johnson)

    6.1.4 Frankenman International Limited
    6.1.5 Intuitive Surgical Inc.
    6.1.6 Medtronic PLC
    6.1.7 Meril Life Science Pvt. Ltd
    6.1.8 Purple Surgical Inc.
    6.1.9 Smith & Nephew
    6.1.10 3M Company
    6.1.11 Grena Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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