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Surgical Stapling Devices Market Will Exhibit a CAGR of 7.4%; Rising Number of Surgical Procedures Will Create Lucrative opportunities, says Fortune Business Insights
The rising prevalence of chronic diseases is expected to contribute positively to the surgical stapling devices market, says Fortune Business Insights in a report, titled “Surgical Stapling Devices Market Size”, Share & Industry Analysis, By Product Type (Powered, Manual), By Type (Disposable, Re-usable), By Application (Gynecology Surgery, Urology Surgery, General Surgery, Others), By Surgery Type (Open Surgery, Laparoscopic Surgery), By End-user (Hospitals, Speciality Clinics, Others) and Regional Forecast, 2019-2026.”The global surgical stapling devices market size was valued at USD 2.16 Billion in 2018 is expected to reach USD 3.81 Billion by 2026, exhibiting a CAGR of 7.4% between 2019-2026. As per the report of Surgical Stapling Devices Market, the increasing number of surgical procedures and types of incisions performed will benefit the market during the forecast period.
According to the data published by OECD, estimated 200,000 cesarean section procedures were carried out in the year 2017 in UK. Furthermore, the increasing number of bariatric surgeries is expected to propel the growth of the market. In addition, the rising adoption of surgical staplers owing to the advantages the surgical staples offer compared with the traditional suturing and stitching methods will create growth opportunities for the surgical stapling devices market.
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Leading Players operating in the Surgical Stapling Devices Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Medtronic
Johnson and Johnson Services, Inc.
3M
Smith & Nephew
Braun Melsungen AG
Purple Surgical
Intuitive Surgical
AesDex, LLC
Becton, Dickinson and Company
Conmed Corporation
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Increasing cases of Cancer Will Facilitate Growth
The increasing cases of radical mastectomy and rising number of surgical procedures will aid the market. According to OECD statistics, an estimated 17,000 mastectomy in-patient cases were recorded in U.S for 2017. The rising number of visits to ambulatory surgical centers and growing incidence of chronic disease such as cancer will boost the market growth. The surge in laparoscopic procedures owing to the its advantages such as smaller incision, lesser hospital stays and lower cost associated with the procedure will augment the growth of the market. According to the statistical analysis by Healthcare Cost and Utilization Project, and estimated 100,500 laparoscopic gastrointestinal surgeries were performed in ambulatory surgical centers in U.S for the year 2014.
Detailed Table of Content:
Introduction of Surgical Stapling Devices Market
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights in Surgical Stapling Devices Market
Epidemiology Overview: Prevalence of Key Diseases/ Key Region, 2018
Comparison Overview: Linear vs. Circular Staplers
Number of Surgeries Performed (Key Surgeries), By Region, 2018
Technology Advances, Surgical Stapling Devices
Key Mergers, Acquisitions and Partnerships
New Product Introductions, Approvals, etc.
Overview: Absorbable vs. Non-absorbable Staples
Global Surgical Stapling Devices Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product Type
Powered
Manual
Market Analysis, Insights and Forecast – By Type
Disposable
Re-usable
Market Analysis, Insights and Forecast – By Application
Gynecology Surgeries
Urology Surgeries
General Surgeries
Others
Market Analysis, Insights and Forecast – By End User
Hospitals
Specialty Clinics
Others
Market Analysis, Insights and Forecast – By Surgery Type
Open Surgery
Laparoscopic Surgery
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Continued….
Reasons to Purchase this Report:
Comprehensive analysis of the Surgical Stapling Devices Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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KEY QUESTIONS ANSWERED:
What are the key technological and Surgical Stapling Devices Market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
Why Choose Fortune Business Insights?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Surgical Stapling Devices Market growth?
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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