Press release
Global Surgical Stapling Devices Market to Reach $6.64 Billion by 2029, Growing at 10% CAGR
Surgical Stapling Devices Market
The increase in gastrointestinal surgeries is predicted to fuel the growth of the surgical stapling devices market. Gastrointestinal surgery, employed for the treatment of disorders affecting the digestive region of the body, includes typical and uncommon procedures for the small intestine, esophagus, and stomach. Surgical stapling instruments assist surgeons in efficiently managing numerous gastrointestinal surgeries by offering suitable tissue apposition or homeostasis, without causing substantial ischemia or tissue destruction. For instance, the United Network for Organ Sharing, a US non-profit scientific and educational entity, reported in January 2023 that liver transplants with living donors reached 603 cases in 2022, establishing a new annual record and increasing more than 6% from 2021. Hence, the growth of the surgical stapling device market is being driven by the uptick in gastrointestinal surgery procedures.
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What is the projected compound annual growth rate (CAGR) of the surgical stapling devices market from 2025 to 2034, and what factors influence it?
The market size for surgical stapling devices has seen substantial growth in recent years. This market is projected to expand, from $4.16 billion in 2024, to $4.55 billion in 2025, yielding a compound annual growth rate (CAGR) of 9.3%. The historical data suggests that reasons for this growth include the increasing adoption of minimally invasive surgeries, an aging global population, an upsurge in chronic disease incidence, patient preference for procedures that are less invasive, and the evolution of healthcare infrastructure.
In the coming years, vigorous growth is anticipated in the surgical stapling devices market, projected to reach $6.64 billion by 2029, with a compound annual growth rate (CAGR) of 9.9%. Factors contributing to this growth during the forecast period include an uptick in surgical procedures in emerging markets, a rise in bariatric surgeries, preference for outpatient processes, emphasis on value-based healthcare, and a boost in robotic-assisted surgeries. The forecast period will also witness several trends such as technological advancements, integration of imaging technologies, the advent of telemedicine and remote surgical assistance, the introduction of customizable stapling solutions, and the application of artificial intelligence in surgical decision-making.
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How are the latest trends influencing the growth of the surgical stapling devices market?
Prominent players in the surgical stapling devices industry are embracing innovative technologies like 3D stapling technology in order to enhance precision, boost tissue healing, and minimize complications during surgeries. This 3D-stapling technique is a sophisticated method that aims to augment precision and success of tissue closure in surgeries. For example, Ethicon Inc., an American surgical technologies firm, in May 2024, introduced the ECHELON LINEAR Cutter, a surgical stapler tailored to boost surgical results by substantially decreasing the likelihood of staple line leaks. This instrument is particularly crucial in colorectal surgeries where the joining of two colon ends, known as anastomoses, is essential. The ECHELON LINEAR Cutter is equipped with 3D-Stapling Technology that employs offset staple legs to distribute tissue compression uniformly, enhancing the integrity of the staple line and mitigating potential leak routes. Additionally, the device includes Gripping Surface Technology (GST), which effectively compresses and stabilizes tissue, reducing slippage during operations and ensuring staple line security.
What are the major segments of the surgical stapling devices market and their role in driving growth?
The surgical stapling devices market covered in this report is segmented -
1) By Product: Powered, Manual
2) By Surgery Type: Open Surgery, Laparoscopic Surgery
3) By Application: Gynecology Surgery, Urology Surgery, General Surgery, Other Applications
4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End -Users
Subsegments:
1) By Powered: Powered Staplers, Rechargeable Powered Staplers, Battery-Operated Staplers
2) By Manual: Manual Staplers, Disposable Manual Staplers, Reusable Manual Staplers
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Which regions are key players in the growth of the surgical stapling devices market?
North America was the largest region in the surgical stapling devices market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical stapling devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the surgical stapling devices market?
Major companies operating in the surgical stapling devices market include 3M Company, Medtronic PLC, Johnson & Johnson MedTech, Becton, Dickinson and Company, Stryker Corporation, B. Braun SE, Zimmer Biomet Holdings Inc., Intuitive Surgical Inc., Smith & Nephew PLC, Teleflex Incorporated, CONMED Corporation, Meril Life Sciences India Pvt. Ltd., Blue Sail Medical Co Ltd., Surgical Specialties Corporation, Ackermann Instrumente GmbH, Frankenman International Ltd., Touchstone International Medical Science Co. Ltd., Genesis Medtech Group., Jiangsu Qianjing Medical Equipment Co. Ltd., Purple Surgical Holdings Limited, Surgical Innovations Group, BioPro Inc., Changzhou Ankang Medical Instruments Co. Ltd., Dextera Surgical Inc., Cardica Inc., Grena Ltd., Welfare Medical Ltd., Lexington Medical Inc., Advin Healthcare Private Limited (AHPL), Victor Medical Instruments Co. Ltd.
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What Is Covered In The Surgical Stapling Devices Global Market Report?
• Market Size Forecast: Examine the surgical stapling devices market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the surgical stapling devices market for a structured understanding.
• Key Players Overview: Analyze major players in the surgical stapling devices market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the surgical stapling devices market.
• Segment Contributions: Evaluate how different segments drive overall growth in the surgical stapling devices market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the surgical stapling devices market.
• Industry Challenges: Identify potential risks and obstacles affecting the surgical stapling devices market.
• Competitive Landscape: Review strategic developments in the surgical stapling devices market, including expansions, agreements, and new product launches.
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