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Surgical Staplers Market Analysis By Product Type(Manual & Powered), By Type(Disposable, Reusable), By Applications(Abdominal & Pelvic Surgery, General Surgery, Cardiac and Thoracic Surgery, Orthopedic Surgery), By End Users, By Region
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.
Surgical Staplers Market Segmentation
By Product Type
Manual Surgical staplers
Powered Surgical staplers
Disposable Surgical staplers
Reusable Surgical staplers
Abdominal & Pelvic Surgery
Cardiac and Thoracic Surgery
Other Surgical Applications
By End Users
Ambulatory Surgical Centers (ASCS) & Clinics
Rest of Europe
Rest of Asia-Pacific
Middle East and Africa
Rest of Latin America
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.
North America Accounts for the Highest Share in Global Surgical staplers Market
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.
Covered in this global surgical staplers market report
Our report also provide with qualitative information on the factors mentioned below:
Market Penetration: Statistics regarding the competitive arena of the surgical staplers market
Market Sizing: The projected market size in 2025 and estimation of the market from 2017 to 2025
Product Development/Innovation: Comprehensive insights on forthcoming technologies, R&D activities, and innovative product launches in the surgical staplers market
Market Overview: Market dynamics and consequent analysis of accompanying trends as well as opportunities, drivers and challenges existing in the surgical staplers market
Market Development: Complete information about rewarding markets – the study examines the market for drone logistics across various regions
Market Diversification: Thorough information about fresh products, untapped geographies, and investments in the surgical staplers market
Regional Analysis: Factors manipulating market shares of North America, Europe, Asia Pacific, and the Middle East
Competitive Assessment: Exhaustive valuation of business strategies, products, and manufacturing capabilities of important market players
The local regulatory reforms and improvement strategies along with the forecast are clarified in each key point that indicates the general execution and issues in key areas, for example, the US, Asia Pacific, Middle East and Europe.