Surgical Staplers Market Research, Trends and Forecasts for the Next Half-Decade

The "Surgical Staplers Market" Report offers a thorough analysis of prominent competitors and their market shares, providing valuable insights into the competitive landscape. Alongside important metrics like sales, revenue, average selling price, and gross margin, the report explores significant growth prospects for industry leaders. Serving as an all-inclusive resource, this research provides a comprehensive overview of the market and its potential for expansion, making it an essential tool for investors and business professionals alike.

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Surgical staplers have become an increasingly popular choice for wound closure in surgeries, especially in the field of laparoscopy, including bariatric surgeries. These staplers offer numerous benefits over traditional sutures, such as faster, more accurate, and precise wound closure, which has led to their higher adoption globally.

The surgical staplers market is projected to reach USD 5.24 billion by 2022, growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period of 2017-2022.

When looking at the product segment, powered surgical staplers are currently the most advanced type of surgical stapling devices available in the market. This segment generated USD 1.62 billion in 2017, holding a market share of 46%. It is expected to expand at a CAGR of 9.9% during the forecast period. Powered surgical staplers automate the stapling process by eliminating the need for manual firing and provide better stability. However, these staplers are expensive and require advanced training for operating, which often deter their adoption in many regions. Despite the challenges of needing a high activation force to fire the device, manual staplers expedite the surgical process and allow the surgeon to perform all kinds of end-to-end anastomosis of tissues, even in tissues that are difficult to reach.

The type segment shows that disposable staplers make up the majority (85%) of the surgical staplers market. The adoption of these staplers is driven by the fact that they are cost-effective and eco-friendly since they produce less medical waste. These staplers eliminate all possibilities of cross-infection, as well as the cost of repeated sterilization after every use. Hence, the demand for disposable staplers is expected to increase during the forecast period.

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The application segment shows that the revenue share from abdominal surgeries using surgical staplers was the highest (30.32%) globally in 2017. Surgical staplers are mostly used in abdominal surgeries like hysterectomy (open and laparoscopic), hernia repair, and bariatric surgeries, owing to the rise in obesity and caesarean section births. Close on its heels, the general surgeries segment (25.57%) is expected to bring in high revenue due to the increased adoption of advanced medical technologies across the globe. Cardiac and orthopedic surgeries also held a considerable market share in 2017.

When we look at the regional insights, North America is currently the largest market for surgical staplers. An increase in healthcare expenditure and different types of surgeries such as bariatric, a growing geriatric population, and age-related diseases are driving the adoption of surgical staplers in North America. Europe occupied a market share of 37.5% in 2017 due to factors similar to North America. The Asia-Pacific market is expected to expand at the highest CAGR of 9.6% during 2017-2022, owing to the increasing number of surgeries in the region.

Several companies are currently operating in the surgical staplers market, including Johnson & Johnson, B Braun, 3M, Dextera Surgical, Intuitive Surgical, Smith & Nephew, CONMED, Medtronic, Purple surgical, and Grena Ltd.

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts, and other details in various regions and/or countries like North America (U.S. & Canada), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg.

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Scope of the Report:

The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.

Here are the key highlights of the report:

• Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
• In-depth analysis of the competitive landscape, identifying key trends within the industry.
• Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER's five forces.
• Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
• Guidance provided for new market entrants, assisting them in navigating the industry landscape.
• Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.

Our sample report encompasses the following elements:

• Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
• Research Report of 100+ Pages: The report consists of more than 100 pages, incorporating the latest research findings and insights.
• Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
• Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
• List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
• Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
• Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.

Our most recent research report showcases the thriving expansion of the global Surgical Staplers Market and offers in-depth insights into the projected market size, share, and revenue until 2030.

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