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Surgical Staplers Market by Type, Application and Geography, 2013 - 2023

12-18-2017 08:04 PM CET | Health & Medicine

Press release from: P&S Market Research

Surgical Staplers Market by Type, Application and Geography,

Surgical staplers market is forecasted to attain $5.4 billion value by 2023.The growth in the market is led by increasing surgical procedures, introduction of technologically advanced surgical staplers, growing number of bariatric and other weight loss surgeries, and increasing preference for surgical staplers over traditional sutures.

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The two types of surgical staplers used in the industry are manual and powered where the manual staplers held the larger share in the surgical staplers market and it is expected to grow at CAGR of 7.2% during the forecast period. Manual staplers are used more as compared to powered staplers as these can be used at a faster pace, are more economical, and cause fewer infections as compared to the conventional stitches. Surgical staplers are either reusable or disposable, and disposable staplers held the larger share in the market as it reduces the chances of infections and the complication associated with surgical procedures.

Asia–Pacific is the fastest growing surgical staplers market due to increasing aging population, increasing prevalence of diabetes, booming medical tourism, and rising burn cases and road accidents in the region. According to the World Health Organization (WHO) publication in 2014, nearly 1 million people suffer from moderate to severe burns every year in India. Moreover, road accidents are also a leading cause of formation of severe wounds, which require these staplers for early recovery. According to the Global Status Report on Road Safety by the WHO, in 2015, approximately 261,367 fatal accident cases were reported in China. Similarly, around 207,551 fatal accident cases were reported in India in the same year.

Explore Report at: https://www.psmarketresearch.com/market-analysis/surgical-staplers-market

Other key players operating in the surgical staplers market include Ethicon, Inc., Dextera Surgical Inc., Frankenman International Ltd., Intuitive Surgical, Inc., Ethicon Inc., Smith & Nephew Plc, Becton, Dickinson and Company, B. Braun Melsungen AG, Zimmer Biomet Holdings, Inc., Meril Life Science Pvt. Ltd., and Conmed Corporation.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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