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Surgical Staplers Market Size to Worth Around USD 4.03 Billion with CAGR 6% by Year 2028-Report By Introspective Market Research

11-11-2022 08:42 AM CET | Health & Medicine

Press release from: Introspective Market Research

Surgical Staplers Market Size to Worth Around USD 4.03 Billion

Market Overview:
Global Surgical Staplers Market size was valued at USD 4.03 Billion in 2021 and is projected to reach USD 6.06 Billion by 2028, growing at a CAGR of 6% from 2022 to 2028.

Specialized medical staplers known as "surgical staplers" can be used to close wounds instead of sutures. When doing minimally invasive image-guided operations, they can be used. The surgical stapler market is growing as demand for minimally invasive procedures rises. For example, The powered surgical stapler, the Echelon stapler with gripping surface technology reloads, was introduced in April 2021 by Ethicon, a subsidiary of Johnson and Johnson.

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Market Dynamics:
Driver:
The Prevalence of Surgical Treatments Are Rising
According to the survey, non-surgical operations soared by 44% while surgical procedures rose by 54%. More body treatments were performed than in any other category, with abdominoplasty and liposuction procedures seeing the biggest increases. The average plastic surgeon performed 320 operations in 2021, up from 220 in 2020. Additionally, while the cost of a non-surgical procedure increased by 1%, the average cost of a surgical surgery increased by 6% in 2021. The majority of the procedures-about 94%-were carried out on women. 365,000 breast augmentations were carried out in 2021.
Additionally, 71,000 women had their implants removed but not replaced, compared to 148,000 (+32% from 2020) who had this done. Surgical operations generated 69% of total revenue despite making up only 21% of all treatments. As a result, surgical stapler adoption has increased during the forecast period.

Opportunities:
The surge in popularity of beauty treatments would present attractive prospects for industry participants during the anticipated term. The industry will expand as a result of medical tourism in developing countries. Due to the growing acceptance of cosmetic surgery, the rise of medical tourism, and the advancement of health outcomes in developing countries, there is opportunity for players in the market for surgical staplers.

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Segmentation Analysis of the Surgical Staplers Market

By Product Type, the circular surgical stapler has the maximum market share in surgical staplers. Circular staplers are widely used for surgeries of the digestive tract from the throat to the colon.

By Technology, the powered surgical staplers are expected to have the highest market growth in the surgical stapler market during the forecast periods.

By Usability, the disposable segment is projected to have maximum growth in the surgical stapler's market during the forecast period. Disposable staplers are mostly used for chronic surgeries like heart surgeries.

By Application, the cardiac & thoracic surgery have the largest market share in the surgical stapler market. Cardiac and thoracic surgery is the surgical treatment of the organs inside the thoracic cavity.

By Product Type
• Linear Staplers
• Circular Staplers
• Skin Staplers
• Endoscopic Staplers
• Others

By Technology
• Manual
• Powered

By Usability
• Disposable
• Reusable

By Application
• General Surgery
• Abdominal & Pelvic Surgery
• Cardiac & Thoracic Surgery
• Orthopedic Surgery
• Others

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Regional Analysis Of the Surgical Staplers Market
North America is the dominating country in the surgical stapler market owing to growing surgical procedures and the large obese population in this region. For instance, according to Statista, about 42.4% of the obesity prevalence among U.S adults and more than 1.56 million surgical procedures were performed in 2021 in the US. Surgical staplers have several applications in gynecology surgeries, cardiothoracic, abdominal, and amputations. For instance, according to the Fingertip injuries and Amputations article 2020, around 45,000 finger amputations are performed in the United States with an incidence rate of 7.5 per 100,000 people per year. Apart from this, the incidence of cases of osteoarthritis is also increased in the US which fuels the demand for surgical staplers. By the report of the Centers for Disease Control and Prevention 2021, there were 58.5 million people living with arthritis.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

Top Key Players Covered In Surgical Staplers Market
• Ethicon USA, LLC (US)
• Medtronic (Ireland)
• Intuitive Surgical (US)
• CONMED Corporation (US)
• Smith+Nephew (UK)
• BD (US)
• 3M (US)
• B. Braun Melsungen AG (Germany)
• Purple Surgical (UK)
• Frankenman International Limited (Honk Kong)
• Welfare Medical Ltd. (UK)
• Zimmer Biomet (US)

Key Industry Development In The Surgical Staplers Market
In June 2022, a division of Johnson & Johnson, Ethicon, launch the ECHELON 3000 surgical stapler. It is a technology-driven instrument that allows surgeons simple, one-handed control flexibility.

In August 2021, Fuse Medical Inc. launched the first implantations of the Fuse Orbutum Compression Staple. This was the latest addition to its Comprehensive orthopedic portfolio of internal fixation devices for the upper and lower extremities.

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Table Of Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Test Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Surgical Staplers Market by Test Type
To Be Continue…

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Read Related Report: -
https://introspectivemarketresearch.com/reports/non-surgical-skin-tightening-market/

https://introspectivemarketresearch.com/reports/minimally-invasive-surgical-instruments-market/

https://introspectivemarketresearch.com/reports/ent-surgical-device-market/

Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1047

About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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