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Global Surgical Stapler Market 2021 Segmented by Application and Geography Trends, Growth and Forecasts

Surgical Stapler

Surgical Stapler Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Surgical Stapler market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

Disposable Surgical Stapler Segment Holds a Major Share in the Market

Disposal surgical staplers are one-time use devices, mostly made of plastic. These devices cannot be sterilized and reused again. The disposal staplers are preferred as they reduce the chances of surgical infection, which ultimately enhances the procedure quality. Additionally, the transmission of infectious diseases from patient to the medical personnel can be prevented in the disposal surgical staplers. Disposal surgical staplers are also cost-effective when compared to the reusable staplers. Avoiding transmitting of infections through contaminated devices is very crucial for the healthcare organizations, which is considered to be the major problem associated with the reusable devices. Also, the sterilization of the reusable devices’ complex procedure requires proper care and maintenance. This single factor has been the key driver of the market and has helped the disposal of surgical staplers to hold a large share.

North America Dominates the Market and is Expected to do the Same in the Forecast Period

North America is expected to dominate the overall market throughout the forecast period. This is due to the large obese population and an increasing number of various surgical procedures. Various applications of surgical staplers include the areas of gynecology, abdominal surgeries, cardiothoracic and orthopedic surgeries, etc. In the North American region, the holds the largest market share. The witnessed a rapid increase in the number of diseases, like obesity, cardiovascular problems, and different types of cancers, contributing to the rise in the number of surgeries, both open as well as minimally invasive types. The increase in minimally invasive surgeries taking place for chronic diseases has helped in the growth of the surgical stapler market.

Market Overview:

  • The surgical stapler market was valued at USD 3,300 million in 2018 and is expected to reach USD 4,883.39 million by 2024, with an anticipated CAGR of 6.75%, during the forecast period, 2019-2024.
  • The major factors attributing to the growth of the surgical stapler market include increasing preference for minimally invasive procedures, technological advancement, and increasing usage of surgical staplers in bariatric surgery.
  • According to the estimates of the American Society for Metabolic & Bariatric Surgery, in the United States, the number of bariatric surgeries were 228,000 in 2017, as compared to 158,000 in 2011. Bariatric and other weight loss-related surgeries use surgical staplers to close the surgical openings, and this is ultimately driving the market studied. Surgical staplers offer benefits, such as faster recovery, less pain, coagulation, and accurate closure. The accounts for the largest number of patents filed for surgical staplers and related devices, with companies, like Dextera Surgical and Ethicon, continuously researching to develop superior surgical staplers. These technological advancements have helped in the growth of the market studied.

    Key Manufacturers Like 

  • CONMED Corporation
  • B. Braun Melsungen AG
  • Ethicon Inc. (Johnson & Johnson)
  • Frankenman International Limited
  • Intuitive Surgical Inc.
  • Medtronic PLC
  • Meril Life Science Pvt. Ltd
  • Purple Surgical Inc.
  • Smith & Nephew
  • 3M Company
  • Grena Ltd.

    Scope of the Report:

  • Surgical staplers are specialized medical staplers, which can be used as an alternative to sutures, for the purpose of wound closure. They can be used during minimally invasive image-guided procedures. With the rise in demand for minimally invasive surgeries, the global surgical staplers market is expanding.

    Surgical Stapler market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Surgical Stapler market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Surgical Stapler market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Surgical Stapler market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Surgical Stapler market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Surgical Stapler ?
    • Who are Opportunities, Risk and Driving Force of Surgical Stapler market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Surgical Stapler space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Surgical Stapler market opportunities, market risk and market overview of the Market?

    Lastly, the Global Surgical Stapler Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Surgical Stapler Market Report:

    • To provide a detailed analysis of the market structure along with the Surgical Stapler market forecast of various segments and sub-segments of the Surgical Stapler market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Surgical Stapler market trends that influence the global Surgical Stapler market

    Detailed TOC of Surgical Stapler Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Preference for Minimally Invasive Procedures
    4.2.2 Technological Advances, like Introduction of Absorbable Stapler
    4.2.3 Increasing Usage of Surgical Staplers in Bariatric Surgery
    4.3 Market Restraints
    4.3.1 Increased Risk of Infections and Other Adverse Events
    4.3.2 Stringent Safety Regulations
    4.4 Porter,s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Products
    5.1.1 Linear Surgical Stapler
    5.1.2 Circular Surgical Stapler
    5.1.3 Cutter Stapler
    5.1.4 Skin Stapler
    5.1.5 Stapler Reload
    5.2 By Application
    5.2.1 Abdominal Surgery
    5.2.2 Obstetrics and Gynecological Surgeries
    5.2.3 Cardiac and Thoracic Surgeries
    5.2.4 Orthopedic Surgery
    5.2.5 Other Surgical Applications
    5.3 By Mechanism
    5.3.1 Manual Surgical Stapler
    5.3.2 Powered Surgical Stapler
    5.4 By Usability
    5.4.1 Disposable Surgical Stapler
    5.4.2 Reusable Surgical Stapler
    5.5 Geography
    5.5.1 North America
    5.5.1.1 US
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 UK
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Middle East & Africa
    5.5.4.1 GCC
    5.5.4.2 South Africa
    5.5.4.3 Rest of Middle East & Africa
    5.5.5 South America
    5.5.5.1 Brazil
    5.5.5.2 Argentina
    5.5.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 CONMED Corporation
    6.1.2 B. Braun Melsungen AG
    6.1.3 Ethicon Inc. (Johnson & Johnson)

    6.1.4 Frankenman International Limited
    6.1.5 Intuitive Surgical Inc.
    6.1.6 Medtronic PLC
    6.1.7 Meril Life Science Pvt. Ltd
    6.1.8 Purple Surgical Inc.
    6.1.9 Smith & Nephew
    6.1.10 3M Company
    6.1.11 Grena Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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