Surgical Staplers Market Poised for Exponential Growth Over the Next Decade

Introducing the Most Recent Research Report [2023-2032] on the Surgical Staplers Market: Size, Emerging Trends, Market Share, Remarkable Growth, Segmentation, Comprehensive Analysis, and Forward-Looking Projections for 2032. This report presents an in-depth examination of the critical drivers propelling global market sales. Within its 120 pages, the report delivers a comprehensive evaluation of the industry's current status, encompassing aspects such as market size, market share, anticipated trends, growth rate, distribution channels, and more.

The global surgical staplers market is estimated to reach USD 5.24 Billion by 2022, expanding at a compound annual growth rate (CAGR) of 8.1% during the forecast period of 2017-2022.

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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 2017-2022, owing to the increasing number of surgeries in the region.

Companies covered:
1. Johnson & Johnson
2. B Braun
3. 3M
4. Dextera Surgical
5. Intuitive Surgical
6. Smith & Nephew
7. CONMED
8. Medtronic
9. Purple surgical
10. Grena Ltd.

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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Some Questions Answered in the Global Surgical Staplers Market Report:

What is the projected size of the global Surgical Staplers market in 2030, and what growth rate is expected?
What are the primary drivers of growth in the global Surgical Staplers industry?
What are the major market trends that are affecting the expansion of the Surgical Staplers market?
What obstacles must be overcome in order to achieve sustained growth in the Surgical Staplers market?
What opportunities and threats do vendors in the global Surgical Staplers market face?
What are the raw materials and manufacturing equipment used in the production of Surgical Staplers Market, and what is the manufacturing process?
What are the different types and applications of Surgical Staplers Market, and what is the market share of each type and application?
What factors, such as trends, challenges, and risk factors, are currently shaping the growth of the Surgical Staplers market?
What factors are driving the growth of the Surgical Staplers market in the top regions worldwide?
Who are the major players in the global Surgical Staplers market, and what strategies are they employing to succeed?
What industrial trends, drivers, and challenges are influencing the expansion of the Surgical Staplers market?
What are the main findings of a five forces analysis of the global Surgical Staplers market?

Here are the key highlights of the report:

Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
In-depth analysis of the competitive landscape, identifying key trends within the industry.
Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER's five forces.
Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
Guidance provided for new market entrants, assisting them in navigating the industry landscape.
Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.

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This release was published on openPR.