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Ethicon Inc., Medtronic, Profiled in Surgical Staplers Market By Product 2024 | Top Key Player 3M, Conmed Corporation, Grena, Integra Life Sciences, Intuitive Surgical, Meril Life Sciences, Purple Surgical, Reach Surgical, Smith & Nephew

11-02-2018 11:09 AM CET | Health & Medicine

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Surgical Staplers Market, Global Surgical Staplers Market Size, Surgical Staplers Industry, Surgical Staplers Market Trends

Surgical Staplers Market, Global Surgical Staplers Market Size, Surgical Staplers Industry, Surgical Staplers Market Trends

The surgical staplers market is set to witness substantial growth in the ensuing years owing to the rising rate of surgical procedures, particularly in developed nations which offer improved healthcare facilities to its citizens. Lately, surgical staples are emerging to be a commonly preferred method by surgeons, for the benefits of closing wounds quicker and causing fewer infections as compares to stitches. Surgical staples are often used on the scalp but commonly used in surgical procedures like cardiovascular, appendectomy, and other general surgeries. The National Center for Health Statistics states that the United States witnessed 48 million surgical inpatient procedures in 2009. Other inpatient procedures included 1.3 million respiratory system surgeries, 7.3 million cardiovascular system surgeries, 6.1 million digestive system surgeries and 5.2 million musculoskeletal system surgeries.

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Cardiac surgery business segment held a considerate amount of market share with USD 827.4 million in 2017. Rising prevalence of chronic diseases such as cardiovascular diseases will result in increase in number of cardiac surgical procedures. Increase in use of surgical stapler in cardiac surgeries will propel the business growth in the upcoming years.

U.S. surgical stapler market valued at USD 1,439.4 million in 2017. Presence of favorable reimbursement policies, insurance coverage and rising number of surgical procedure in the country will be responsible for North American surgical stapler industry growth.

Technological advancements in manufacturing safe and effective surgical stapler will propel the business growth in the forecast timeframe. The combination of new functions and new abilities have led to increase in advancements and effectiveness of the wound closure procedure that in turn will efficiently drive the market growth.

Endoscopic surgical stapler is anticipated to grow at a CAGR of 7.5% during the forecast period. Rise in demand for minimally invasive surgeries such as endoscopic procedures will eventually result in increasing demand for endoscopic stapler, fueling the business growth.

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Disposable surgical stapler business is forecast to expand in size with a CAGR of 7.3% during the projection period. Rise in number of complicated surgical procedures that need use of sterile surgical instruments will increase the demand for disposable stapler. Also, use of disposable stapler to minimize bleeding and infections will result in industry expansion.

Indian surgical stapler market should grow with a CAGR of 9.8% over the forecast period. Rise in number of chronic surgical procedure, rising geriatric population and improving healthcare infrastructure in the country will lead to increase in product demand, boosting the business progression in Asia Pacific region.

Some of the notable industry players are 3M, B. Braun Melsungen AG, Conmed Corporation, Ethicon Inc., Frankenman International, Grena, Integra Life Sciences, Intuitive Surgical, Medtronic PLC, Meril Life Sciences, Purple Surgical, Reach Surgical, Smith & Nephew PLC and Welfare Medical. The major players are focusing on expanding their product portfolio by increasing research and development activities, mergers, acquisitions and new product launches.

Table of Content:

Chapter 1. Surgical Staplers Market Methodology and Scope

Chapter 2. Surgical Staplers Market Executive Summary

Chapter 3. Precision Medicine Industry Insights

Chapter 4. Surgical Staplers Market, By Product

Chapter 5. Surgical Staplers Market, By Technology

Chapter 6. Surgical Staplers Market, By Usability

Chapter 7. Surgical Staplers Market, By Surgery

Chapter 8. Surgical Staplers Market, By Region

Chapter 9. Surgical Staplers Market Company Profiles

Outer scope of this report a recent study even revealed that minimally invasive surgeries are less effective as compared to older open abdominal operations. Experts in the gynecology and oncology community even claim that the industry is shifting to conventional open surgical methods for cervical cancer. Such developments in the surgical industry along with the rise in the number of surgical performances will drive the surgical staplers market. An article by Vox recently noted that lack of insurance is causing Americans to have weight loss surgeries in Mexico. A medical research paper ‘Medical Tourists: Incoming and Outgoing’ had estimated that in 2017, about 1.4 million Americans preferred healthcare in foreign countries and the number is expected to rise by 25 percent in 2018. As the popularity of medical tourism rises among Americans, the regional surgical staplers market is expected to accumulate commendable gains in the years to come.

For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/surgical-staplers-market/?utm_source=OPR-SP

Related Report:

United States Surgical Staplers Market Research Report Forecast 2017-2021

The United States Surgical Staplers Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Surgical Staplers industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Surgical Staplers market study provides comprehensive data which enhances the understanding, scope and application of this report.

https://www.marketstudyreport.com/reports/united-states-surgical-staplers-market-research-report-forecast-2017-2021?utm_source=RR-SP

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