Press release
Surgical Stapling Device Market, Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook 2023-2029
Market Overview:The Surgical Stapling Device Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
Surgical staplers are medical devices that are generally made of plastic or stainless steel or titanium and are loaded with a disposable cartridge of surgical staples. Plastic staples are frequently used and preferred as patients may sometimes have metal allergies. Surgical stapling devices come in both reusable and disposable forms, they do the same mechanism as industrial staplers and are designed to insert and close several staples at once. Surgical Stapling devices are used internally to seal tissue during surgery. They are highly efficient in minimally invasive surgery because they require only a narrow opening and can quickly cut and seal tissue and blood vessels with ease. A surgical stapling device is highly efficient and allows surgeons to do simultaneous cuts and suture quickly with excellent quality. These devices are currently used widely and have become an indispensable tool for thoracic surgery, especially for endoscopic surgery such as thoracoscopic lung lobectomy.
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Market Dynamics:
Driver:
High versatility and efficiency of Surgical Stapling Devices and rising surgeries where closing internal incisions is needed is the primary factor driving the sales of Surgical Stapling Devices Globally. Rising Demand from Hospitals, Clinics, and Ambulatory Surgical Centers to perform Resection (Removing part of an organ), Transection (Cutting through and sealing organs and tissues), and Anastomoses (Creating connections between structures) is further fueling Growth of the Market.
Opportunities:
The growing adoption of Minimally Invasive Surgeries to operate with less damage to the body is estimated to result in the rise of demand for Surgical Stapling Devices. Moreover, rising preference towards innovative Stapling devices over traditional suturing in order to achieve lower tissue reaction and a lower risk of infection will act as market growth fueling factors during the upcoming period.
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Market segmentation:
By Product
• Manual Surgical Staplers
• Powered Surgical Staplers
By Type
• Reusable
• Disposable
By Application
• Gynecologic Surgery
• Cosmetic Surgery
• Urologic Surgery
• General Surgery
• Others
By End Users
• Hospitals
• Ambulatory Surgical Centers
• Others
Regional Analysis In Surgical Stapling Device Market
North America is dominating the global market of Surgical Stapling devices. Advanced technology and a rise in the number of surgical procedures are major driving factors in the Surgical Stapling devices market in this region. In North America increase in various diseases like cancer, obesity, and cardiovascular problems increases the market share. For instance, according to the National library of medicine, approximately 34% of adults and 15-20% of children and teenagers in the U.S. are obese. Obesity affects every segment of the U.S. population. So, an increase in bariatric surgery procedures drives market growth. Also, improvements in the medical industry, a rise in healthcare expenditure, an increase in the elderly population, and an increase in preference for surgical staplers in this region are excepted to grow the market of Surgical Stapling devices during the forecast period.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Top Key Players Covered In Surgical Stapling Device Market
• Ethicon Inc. (US)
• B. Braun Melsungen AG (Germany)
• Stryker (US)
• Smith+ Nephew (UK)
• Medtronic (Ireland)
• CONMED Corporation (US)
• Intuitive Surgical (US)
• Cardica, Inc (US)
• Meril Life Sciences Pvt. Ltd (India)
• Purple Surgical (UK)
• Zimmer Biomet (US)
• Golden Stapler Surgical Co., Ltd. (China)
• Johnson & Johnson (US)
• CareFusion Corporation (US)
• Covidien plc (Ireland), and Other Major Player
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Key Industry Development In The Surgical Stapling Device Market
• In March 2022, Ethicon announced the global launch of the ECHELON+ Stapler with GST Reloads, a new powered surgical stapler designed to increase staple line security and reduce complications through more uniform tissue compression and better staple formation, even in challenging situations.
• In June 2021, Intuitive India, the India arm of Intuitive, a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery (RAS), launched India's first robotic-assisted surgical stapler called SureForm that comes equipped with SmartFire technology-an integrated software. With 1,000+ measurements per second, SmartFire makes automatic adjustments to the firing process as staplers are formed.
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