Surgical Staplers Market Look A Witness Of Excellent Long-Term Growth

The recent research report published by Quadintel gives an insight into the global Surgical Staplers Market. According to this published competitive intelligence analysis, the global Surgical Staplers Market is expected to experience a promising annual revenue increase (USD in Mn) in 2021. A comprehensive overview and precise insights into possible future scenarios for the worldwide market are provided in this study.

The Global Surgical Staplers Market is estimated to reach USD 5.24 Bn by 2022, expanding at a compound annual growth rate (CAGR) of 8.1% during the forecast period of 2017 2022.

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Key Companies Covered in the Surgical Staplers Market Research are Johnson & Johnson, B Braun, 3M, Dextera Surgical, Intuitive Surgical, Smith & Nephew, CONMED, Medtronic, Purple surgical, Grena Ltd. and other key market players.

The global rise in laparoscopic surgeries, especially bariatric surgeries, has led to the greater acceptance of surgical staplers. These staplers result in faster, more accurate and precise surgical wound closure, resulting in its higher adoption.

Product segment insights:
Powered surgical staplers are the most advanced type of surgical stapling devices currently available in the market. In 2017, this segment generated USD 1.62 Bn and held a market share of 46%. This segment is expected to expand at a CAGR of 9.9% during the period of 2017 2022. Powered surgical staplers automate the stapling process by eliminating the need for manual firing and provides better stability. It is expensive and requires advanced training for operating, which often deter its 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 which are difficult to reach.

Type segment insights:
Disposable staplers constituted the lions share (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 is expected to increase during the forecast period.

Application segment insights:
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.

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Regional insights:
North America is the largest market for surgical staplers market. 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 20172022, owing to the increasing number of surgeries in the region.

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 etc. in the following regions and/or countries:

North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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List of Factors Covered in the Report are:

Geographical Breakdown: The regional section of the report analyses the market on the basis of region and national breakdowns, which includes size estimations, and accurate data on previous and future growth. It also mentions the effects and the estimated course of Covid-19 recovery for all geographical areas. The report gives the outlook of the emerging market trends and the factors driving the growth of the dominating region to give readers an outlook of prevailing trends and help in decision making.

Key inquiries addressed in the report:

Investigate the COVID 19 outbreak's effects.
Our researchers give precise responses, pinpoint significant chances and fresh investments, and suggest excellent market strategy avenues.
Key Points Covered in this Report

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of market, Applications, Market Segment by Regions North America, Europe or Asia.

Chapter 2, objective of the study.

Chapter 3, to display Research methodology and techniques.

Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;

Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;

Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis

Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;

Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels and demand & supply.

Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)

Chapter 15, deals with Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

…….. and view more in complete table of Contents

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This release was published on openPR.