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Surgical Stapling Products Market Report 2023-2032: Key Drivers, Future Demand, Opportunity Assessment And Major Players | 3M Company, B. Braun Melsungen AG, Conmed Corporation, Ethicon Endo-Surgery Inc., Intuitive Surgical Inc
Surgical Stapling Products Market
The Business Research Company's Surgical Stapling Products Global Market Report 2023 identifies The growing number of surgical procedures as the major driver for the Surgical Stapling Products Market's growth in the forecast period. Surgical procedures are used to treat damaged tissues that are hurting a person's health and quality of life or to repair damage already done to the body. Surgical stapling products aid in the expansion of surgical operations by providing surgeons with a tool that allows them to handle a wide range of tissues and applications with exceptional clinical efficacy.
The global surgical stapling products market size is expected to grow from $3.90 billion in 2022 to $4.23 billion in 2023 at a compound annual growth rate (CAGR) of 8.49%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global surgical stapling products market size is expected to reach $5.71 billion in 2027 at a CAGR of 7.74%.
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Major competitors in the Surgical Stapling Products Market are 3M Company, B. Braun Melsungen AG, Conmed Corporation, Ethicon Endo-Surgery Inc., Intuitive Surgical Inc., Medtronic plc, Purple Surgical Holdings Limited, Smith & Nephew plc, Stryker Corporation, Becton, Dickinson and Company, AesDex LLC, CareFusion Corporation, Covidien plc, Frankenman International Limited, Johnson & Johnson Services Inc., Meril Life Science Pvt. Ltd., Touchstone International Medical Science Co. Ltd., and Zimmer Holdings Inc.
A key trend in the Surgical Stapling Products Market includes Product innovations. Companies operating in the surgical stapling products market are adopting new technologies to sustain their position in the market. For instance, in April 2021, Ethicon, a US-based company engaged in manufacturing surgical sutures and wound closure launched the ECHELON 3000 Stapler, a digitally enabled device that provides surgeons with simple, one-handed powered articulation. ECHELON 3000 builds upon the ECHELON™+ Stapler with GST reloads, bringing forward the same capabilities in advancing staple line security and delivering fewer leakage pathways at the staple line.
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The Surgical Stapling Products Market is segmented -
By Product: Linear Staplers, Circular Staplers, Skin Staplers, Endoscopic Staplers, Others
By Technology: Manual, Powered
By Application: Abdominal And Pelvic Surgery, General Surgery, Cardiac And Thoracic Surgery, Orthopedic Surgery, Other Applications
By End-User: Hospitals, Specialty Clinics, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Surgical Stapling Products Market.
The Business Research Company's "Global Surgical Stapling Products Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Surgical Stapling Products Market Include:
1. Executive Summary
2. Surgical Stapling Products Market Characteristics
3. Surgical Stapling Products Market Trends And Strategies
4. Surgical Stapling Products Market - Macro Economic Scenario
5. Surgical Stapling Products Market Size And Growth
……
26. Africa Surgical Stapling Products Market
27. Surgical Stapling Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Surgical Stapling Products Market
29. Surgical Stapling Products Market Future Outlook and Potential Analysis
30. Appendix
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