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Surgical Stapling Devices Market 2023 : Development, Key Players, Growth, Key Factors And Forecast To 2032
Surgical Stapling Devices Market
The Business Research Company's Surgical Stapling Devices Global Market Report 2023 identifies rise in gastrointestinal surgery procedures as the major driver for the Surgical Stapling Devices market's growth in the forecast period. Gastrointestinal surgery is used for treating disorders that affect the area of the body that aids in digestion. It comprises treatments for typical and rare small intestine, esophageal, and stomach problems.
The global surgical stapling devices market size is expected to grow from $3.50 billion in 2022 to $3.87 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 size of surgical stapling devices market is expected to reach $5.53 billion in 2027 at a CAGR of 9.4%.
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Major competitors in the Surgical Stapling Devices market are 3M Company, Medtronic PLC, Johnson & Johnson MedTech, Becton, Dickinson and Company, Stryker Corporation, B. Braun SE.
A key trend in the Surgical Stapling Devices market includes technological advancements. Major companies operating in the surgical stapling devices market are adopting new technologies to sustain their position in the market. For instance, in March 2021, Ethicon, a US-based company and part of Johnson & Johnson Medical Devices, launched the ECHELON+ Stapler with GST Reloads. This novel-powered surgical stapler is meant to improve staple line security and prevent problems by providing more uniform tissue compression and improved staple creation under challenging settings. A number of innovative design elements differentiate the new device from previous staplers, including a reengineered ECHELON+ Anvil with Gripping Surface Technology (GST) Reloads, which is designed for more uniform compression to better capture and form staples, along with a new motor with Dynamic Firing. This optimizes firing speed in thick tissue to enhance compression and improve audible feedback.
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The Surgical Stapling Devices market is segmented -
• By Product: Powered, Manual
• By Surgery Type: Open Surgery, Laparoscopic Surgery
• By Application: Gynecology Surgery, Urology Surgery, General Surgery, Other Applications
• By End-User: Hospitals, Ambulatory Surgical Centers, 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 Devices market.
The Business Research Company's "Global Surgical Stapling Devices 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 Devices Market Include:
1. Executive Summary
2. Surgical Stapling Devices Market Characteristics
3. Surgical Stapling Devices Market Trends And Strategies
4. Surgical Stapling Devices Market - Macro Economic Scenario
5. Global Surgical Stapling Devices Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………………
32. Global Surgical Stapling Devices Market Competitive Benchmarking
33. Global Surgical Stapling Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Surgical Stapling Devices Market
35. Surgical Stapling Devices Market Future Outlook and Potential Analysis
36. Appendix
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