[email protected]
We established a quick response research team to monitor the impacts of global pandemic COVID19 on this market to keep our clients informed about latest data and changing strategies. The report will incorporate these insight and data factors. | × |
---|
Understand the COVID-19 Outbreak and its impact on global & regional businesses
request free proposal
Insights on a world turned upside down : Re-imagining
The post-COVID19 Business resilience & recovery
How effective strategies and business recovery plans are winning the race
request free proposal
Goldstein Market Intelligence help you navigate through the COVID-19 crisis,
we will provide you most relevant market insights on crisis management,
recovery strategy & business continuity.
2019-06-18
310
Global
Time savings, precision and accuracy of surgical site closure are crucial drivers for assumption of surgical staple devices. Stitching becomes challenging when a surgeon is operational on the 3-dimensional plane while engaged on the 2-dimensional plane.” Staples efficiently diminish the problem and are normally accepted to produce comparable results. Two major market players rule this market. Johnson and Johnson and Medtronic held about 78% in 2017. Their power will continue to grow, though other players might find achievement concentrating on unexploited regions in Asia Pacific, India, the Middle East, and Africa.
Also, the report analyzed that currently, there is an inclination for disposable products over reusable, expecting that 6 out of 10 surgical stapling devices traded in the world are probable to be disposable. However, it also measured that hospital procurement teams might favor reusable devices, and classify them as “green products” that produce less waste and can be effortlessly decontaminated with other stainless steel surgical tools. Moreover, powered surgical staplers (e.g., the iDrive from Medtronic) and Echelon Flex Powered Endopath from Ethicon will continue to be dominant among product types. These kinds of surgical staplers are predictable to further gain traction, owing to cumulative demand for advanced technology.
Further, technological advancements have also increased the adoption of surgical staplers and likely to grow at a significant pace during the forecast period. For instance, Medtronic launched an innovative surgical stapling system, the Signia, with an integrated smart technology designed to identify the variability of tissue depth and automatically adjust the stapler's speed during surgery. Medtronic is primarily launching Signia in the U.S. market, alongside with Western Europe and Japan. In fiscal year 2018 Medtronic plans to multiply commercialization of the device to Canada, Latin America, other European markets, the Middle East, Africa, and Asia Pacific.
By Product Type
By Type
By Applications
By End Users
By Region
As per the analysis of global surgical staplers market conducted by Goldstein Research is projected to register a CAGR of 7.8% during the forecast period. In terms of value, the global surgical staplers market is anticipated to reach a market valuation in excess of USD 3.6 billion by 2025 end.
The North America surgical staplers market accounted for the major revenue share at over 30% in 2017. Cumulative geriatric population and rising demand for advanced medical technology in the U.S. represent key growth opportunities for manufacturers of surgical stapling devices. Further, demand for surgical staplers is projected to upsurge owing to growth in bariatric surgeries, introduction of powered staples, and upward need for tissue and wound management. The application of surgical staples has progressively amplified from endoscopic surgery to endoscopic and laparoscopic surgeries.
Our report also provide with qualitative information on the factors mentioned below:
For a full detailed overview, send here request for market report sample.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
OR Call Us:+1-646-568-7747Global Surgical Lasers Market Outlook 2024: Global Opportunity and Demand Analysis, Market Forecast, 2016-2024
North America Medical Device Packaging Market Outlook 2025: Opportunity Assessment and Demand Analysis, Market Forecast, 2019-2025
Global Surgical Equipment Market Size, Industry Analysis, Segmentation by Device Type, Application (Neurosurgery, Urology), and End Users (Clinics and Hospitals), and Market Forecast 2016-2024
Global Liposuction Surgery Devices Market by Product Type (Standalone & Portable Liposuction Surgery Devices), by Technique (Radio Frequency, Laser Assisted & Ultrasound Assisted Liposuction), by End-Users (Clinics, Hospitals, Medical Institutions, Cosmetic Surgical Centers) With Forecast 2017-2030