Global Surgical Staplers Market is poised to grow strongly during the forecast period 2018 to 2025. Some of the prominent trends that the market is witnessing include improved profitability as a result of aim, the introduction of the maintenance-as-a-service model in industries, increasing demand in Industry and growth opportunities and investment opportunities.
Global Surgical Staplers Market is expected to reach USD 5,340.58 million by 2025, at a CAGR of 11.5% during the forecast period of 2018 to 2025.
Major Players: Global Surgical Staplers Market
Some of the major players operating in the global surgical staplers market include Ethicon. U.S., LLC., Cardica Inc., Smith and Nephew Plc, CONMED Corporation, Purple Surgical Inc., Welfare Medical Ltd, Reach Surgical., Grena Ltd., B.Braun Melsungen AG, Frankenman International Limited, Zimmer Biomet, Stryker, Meril Life Sciences Pvt. Ltd., Touchstone International Medical Science Co. Ltd., CareFusion Corporation, Codman & Shurtleff (Codman), Medtronic, Dextera Surgical Inc., and Integra Life Sciences, Welfare Medical Ltd., Reach Surgical, Grena Ltd., Meril Life Sciences Pvt Ltd. among others.
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Global Surgical Staplers Market
Surgical staplers are medical devices used by surgeons to close wounds or join tissues for wound healing. These devices play a key role in complex procedures such as gastrointestinal, cardiac, gynecologic, thoracic, cosmetic and abdominal surgeries for resection (remove part of an organ), transection (to cut through organs and tissues), and anastomoses (to create connections between structures). Closing the wounds with minimal pain and effectiveness is important in surgeries to preserve physiologic functions of the patient and promote successful wound management and patient outcomes.
According to WHO, in 2014, 1.9 billion population in the age group of 18 and above were overweight, out of these around 600 million people were obese; 41 million children under the age of 5 were found to be overweight globally.
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Market Segmentation: Global Surgical Staplers Market
- By Product Type (Manual, Powered),
- By Type (Disposable, Reusable),
- By Applications (Abdominal, General Surgery, Cardiac, Thoracic, Orthopaedic, Haemorrhoids, Others),
- By End User (Hospitals, Ambulatory Surgical Center, Clinics),
- By Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa
FACTORS DRIVING GROWTH IN THE GLOBAL SURGICAL STAPLERS MARKET
Increasing preference for surgical staplers over sutures:
Stitches or sutures were traditional method for closing wounds and currently has made physicians to shift to stapler devices. Stapler devices are a new method of closing wounds which uses staples to effectively close the wound edges. Staples have certain advantages over stitches such as they are faster to place than stitches and reduce chances of infection. Doctors also prefer staplers for large wounds as the time span for suturing large wounds is long.
According to an article published by Thomas Jefferson University, the patients undergoing caesarean sections faced more wound complications compared to sutures. Though complications do occur while using staplers but still doctors prefer using stapling technique due to its speed to close wounds and certain advantages over sutures such as ease of use, low level of tissue reactivity, speed of the procedure, and for closing deeper incisions.
Technological advancement is improving patient care systems during surgeries through advancement in stapling devices. Staplers make it possible to create anastomosis quickly, easily, and securely. Mechanical stapling devices are being used in many surgeries such as gastrointestinal and thoracic surgery. Further improvements are taking place with the stapler devices regarding the movement and trauma to the tissue at the time of firing, avoid infection, reconstruct or seal off organs efficiently.
For instance, in January 2011, Covidien (the subsidiary of Medtronic) launched Endo GIA curved tip and black reloads with Tri-Staple Technology. In February 2017, Medtronic launched Signia(TM) Stapling System used in minimally invasive surgery. In May 2017, Ethicon US, LLC, launched ECHELON FLEX GST used in thoracic and colorectal surgery.
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The growing focus of market players:
The global surgical stapler market report contains in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East, and Africa and South America surgical stapler market.
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