Surgical Stapling Devices Market- Highlights By Type And End Users, Phenomenal Growth Forecast Till 2028
A significant rise in the number of surgical procedures performed at hospitals has compelled medical device manufacturers to develop and launch new products and obtain regulatory approvals for them. Major companies in the surgical stapling devices market allocate significant resources to research and development activities to come up with new offerings. Some of the recent product launches and developments in the surgical stapling devices market are mentioned below.
In October 2022, Teleflex Incorporated completed the acquisition of Standard Bariatrics, Inc., which has commercialized an innovative powered stapling technology for bariatric surgery. Teleflex acquired Standard Bariatrics for US$ 170 million at closing, with additional consideration of up to US$ 130 million that is payable upon achieving certain commercial milestones.
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The List of Companies -
- Intutive Surgical Inc.
- Medtronic Plc
- Ethicon USA LLC
- Frankenman International Ltd
- Panther Healthcare Medical Equipment Co Ltd
- B. Braun SE
- Grena Ltd
- Conmed Corp
- 3M Co
- Purple Surgical UK Ltd
In June 2022, Ethicon, a part of Johnson & Johnson MedTech, launched ECHELON 3000 Stapler in the US. It is a digitally enabled device that provides surgeons with simple, one-handed powered articulation to help address the unique needs of their patients. Designed with a 39% greater jaw aperture and a 27% greater articulation span, ECHELON 3000 gives surgeons better access and control over each transection, even in tight spaces and on challenging tissue. Combined with software that provides real-time haptic and audible device feedback, these features enable surgeons to make critical adjustments during procedures.
In October 2021, Hologic, Inc. signed a definitive agreement to acquire Bolder Surgical for ~US$ 160 million, subject to working capital and other customary closing adjustments. Hologic is a global leader in women's health, while Bolder Surgical is a provider of advanced energy vessel sealing surgical devices. With this acquisition, Hologic aims to broaden its Surgical portfolio by adding Bolder's differentiated advanced vessel sealing and dissection tools that are used in laparoscopic procedures.
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In November 2020, Dolphin launched its reloadable, reusable, autoclavable, affordable surgical skin stapler-DURAMATE-in India. This high-quality and low-cost multiple-use skin stapler is a ready-to-use, sterile device with an ergonomic design. It was manufactured in technical collaboration with experts from the US. It can be used for skin closure in a wide variety of surgical procedures, such as abdominal, gynecological, orthopedic, and thoracic surgeries, for skin closure.
In September 2019, Ethicon launched Echelon Circular Powered Stapler to help address complications associated with colorectal, gastric, and thoracic surgeries. The new product combines two Ethicon technologies-the 3D Stapling Technology that evenly distributes compression and the Gripping Surface Technology that is aimed to enable gentler handling to reduce compressive forces on tissues.
An increase in the number of developments and launches of such innovative products, along with business acquisitions and collaborations, boosts the growth of the surgical stapling devices market.
Due to the development of modern technology and the improvement of the production process, the disposable circular anastomoses currently used in clinical practice are of reliable quality, easy to use, loose and elastic, especially with the advantages of fast suturing, easy operation, and a few side effects. Most laparoscopic head staple cartridges can change direction to make them more flexible in the narrow operating space; at the same time, they are equipped with disposable safety devices to prevent the used staple cartridge from being fired again to ensure safe operation.
The Centers for Disease Control and Prevention (CDC) promotes the use of disposable devices and provides protocols to prevent the spread of pathogens. Regulatory authorities such as the US Food and Drug Administration (FDA) have also stated a few measures to ensure that set protocols for the sterilization of medical devices are strictly followed to avoid infections.
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