Press release
$6.1 bn by 2024| Surgical Staplers Market to Witness Substantial Growth| Key Players: Ethicon, Inc., Integra LifeSciences, Intuitive Surgical Devices, Frankenman International, CONMED Corporation
Surgical Staplers Market
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U.S. dominated North American surgical Staplers market with the revenue of 1,439.4 million in 2017. Ongoing technological advancements leading to manufacturing of superior quality surgical Staplers coupled with increase in number of surgical procedures conducted in U.S. will result in higher revenue share over the forecast period. Also, availability of sophisticated infrastructure required for carrying out complex surgical procedures will drive the regional growth.
Chinese surgical Staplers market is forecasted to show robust growth rate of 10.6%. Increasing geriatric population suffering from chronic disease such as cancer, cardiovascular disease and diabetes will lead to more number of surgical procedures conducted in the country. Moreover, technological advancements and improved operational capabilities of the manufacturing companies will expand the industry size in forthcoming years.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• CONMED Corporation
• Intuitive Surgical Devices
• Medtronic
• Reach Surgical
• Smith & Nephew
• BKK B. Braun Melsungen AG
• Ethicon, Inc.
• Integra LifeSciences
• Meril Life Sciences India Pvt Ltd
• Purple Surgical
• Frankenman International
Circular surgical Staplers dominated the surgical Staplers market in the year 2017 with a total revenue of USD 1,447.6 million. The varied range of applications provided by the circular Staplers in chronic and complicated surgeries will enhance the business growth. Increasing use of circular Staplers for end-to-end anastomosis such as cervical esophagogastric anastomosis in esophagectomy will increase the product business expansion.
Powered surgical Staplers held major market share in the year 2017 and accounted for total revenue of USD 2,749.2 million. In recent past increased research and development activities to enhance the operational capabilities of surgical Staplers has resulted in powered surgical Staplers gaining large number of market share in the surgical Staplers industry.
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Surgical Staplers Market by Product
Linear
Circular
Skin
Endoscopic
Surgical Stapler Market by Technology
Powered
Manual
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