Global Surgical Staplers Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 5.23 Billion |
Market Size (Forecast Year) |
USD 9.33 Billion |
CAGR |
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Major Markets Players |
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Global Surgical Staplers Market Segmentation, By Product Type (Laparoscopic Surgical Stapler, Open Surgical Stapler, Linear Cutter Stapler, Skin Stapler, Stapler Reloads), Application (Abdominal & Pelvic Surgery, General Surgery, Cardiac and Thoracic Surgery, Orthopedic Surgery, Other Surgical Application), Mechanism (Manual Surgical Staplers, Powered Surgical Staplers), Type (Disposable Surgical Staplers, Reusable Surgical Staplers), End-User (Hospitals, Ambulatory Surgical Centers (ASCs), Clinics) – Industry Trends and Forecast to 2031.
Global Surgical Staplers Market Analysis
The rise in the concerns regarding the healing of traditional sutures is supporting the development of surgical stapling devices. Modern surgical staplers are known to be less prone to leak and separation compared to sutures.
Global Surgical Staplers Market Size
Global Surgical Staplers Market size was valued at USD 5.23 billion in 2023 and is projected to reach USD 9.33 billion by 2031, with a CAGR of 7.52% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Surgical Staplers Key Market Insights |
Segmentation |
By Product Type: Laparoscopic Surgical Stapler, Open Surgical Stapler, Linear Cutter Stapler, Skin Stapler, Stapler Reloads By Application: Abdominal & Pelvic Surgery, General Surgery, Cardiac and Thoracic Surgery, Orthopedic Surgery, Other Surgical Application By Mechanism: Manual Surgical Staplers, Powered Surgical Staplers By Type: Disposable Surgical Staplers, Reusable Surgical Staplers By End-User: Hospitals, Ambulatory Surgical Centers (ASCs), Clinics |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Key Market Players |
Ethicon USA, LLC (US), Medtronic (Ireland), Intuitive Surgical (US), CONMED Corporation (US), Smith+Nephew (UK), BD (US), 3M (US), B. Braun Melsungen AG (Germany), Purple Surgical (UK), Frankenman International Limited (Honk Kong), Welfare Medical Ltd. (UK), Zimmer Biomet (US), Stryker (US), Meril Life Sciences Pvt. Ltd. (India), Touchstone International Medical Science Co. Ltd. (China). among others |
Market Opportunities |
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Global Surgical Staplers Market Definition
Surgical staplers refer to the specialized staplers that are utilized in surgery for joining, closing and removing parts of the bowels or lungs. Staplers are preferred over sutures as these are faster, consistent, easier, and accurate to use than hand sutures. Modern surgical staplers are made of plastic or stainless steel.
Surgical Staplers Market Dynamics
Drivers
- Rise in Surgical Procedures
The surge in target patient population along with the subsequent increase in the number of surgical procedures acts as one of the major factors driving the growth of surgical staplers market.
- Preference for Minimally Invasive Surgery
The increase in the preference for minimally invasive surgery owing to the advantages, such as quick recovery and less pain accelerate the market growth.
- Inclination for Surgical Staplers
The surge in the inclination towards preference for surgical staplers over sutures as these are faster, consistent, easier, and accurate to use that further influence the market.
Opportunities
Furthermore, increase in the popularity of cosmetic surgeries extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, medical tourism in developing economies will further expand the market.
Restraints/Challenges Global Surgical Staplers Market
On the other hand, high cost associated with the devices and availability of alternative wound care techniques are expected to obstruct market growth. Also, lack of trained professionals and complications associated with the use of surgical staplers are projected to challenge the surgical staplers market in the forecast period of 2022-2029.
This surgical staplers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on surgical staplers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Surgical Staplers Market
COVID-19 had a negative impact on the surgical staplers market owing to the decline in elective surgeries. Hospital access was restricted to non-essential care, and O&P clinics were temporarily closed during the pandemic. The implementation of social distancing, lockdown of the population and limited access to clinics greatly affected the market. The slow-down in patient flow and referrals, and decline in trauma and workplace injuries also impacted the market growth. However, market will resume its growth in the post-pandemic due to the easing in restrictions that were imposed earlier.
Surgical Staplers Market Scope
The surgical staplers market is segmented on the basis of product type, application, mechanism, type and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Laparoscopic Surgical Stapler
- Open Surgical Stapler
- Linear Cutter Stapler
- Skin Stapler
- Stapler Reloads
On the basis of product type, surgical staplers market is segmented into laparoscopic surgical stapler, open surgical stapler, linear cutter stapler, skin stapler and stapler reloads.
Application
- Abdominal and Pelvic Surgery
- General Surgery
- Cardiac and Thoracic Surgery
- Orthopedic Surgery
- Other Surgical Application
Based on application, the surgical staplers market is segmented into abdominal & pelvic surgery, general surgery, cardiac and thoracic surgery, orthopedic surgery and other surgical application.
Mechanism
- Manual Surgical Staplers
- Powered Surgical Staplers
Based on mechanism, the surgical staplers market is segmented into manual surgical staplers and powered surgical staplers.
Type
- Disposable Surgical Staplers
- Reusable Surgical Staplers
Based on type, the surgical staplers market is segmented into disposable surgical staplers and reusable surgical staplers.
End-User
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Clinics
The surgical staplers market is also segmented on the basis of end-user into hospitals, ambulatory surgical centers (ASCs) and clinics.
Surgical Staplers Market Regional Analysis
The surgical staplers market is analysed and market size insights and trends are provided by country, product type, application, mechanism, type and end-user as referenced above.
The countries covered in the surgical staplers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the surgical staplers market because of the increase in the incidence of diseases and growing geriatric population within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2024 to 2031 due to the increase in the number of surgeries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The surgical staplers market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for surgical staplers market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the surgical staplers market. The data is available for historic period 2010-2020.
Surgical Staplers Market Share
The surgical staplers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to surgical staplers market.
Surgical Staplers Market Leaders Operating in the Market Are:
- Ethicon USA, LLC (US)
- Medtronic (Ireland)
- Intuitive Surgical (US)
- CONMED Corporation (US)
- Smith+Nephew (UK)
- BD (US)
- 3M (US)
- B. Braun Melsungen AG (Germany)
- Purple Surgical (UK)
- Frankenman International Limited (Honk Kong)
- Welfare Medical Ltd. (UK)
- Zimmer Biomet (US)
- Stryker (US)
- Meril Life Sciences Pvt. Ltd. (India)
- Touchstone International Medical Science Co. Ltd. (China)
Latest Developments in Surgical Staplers Market
- Baxter International Inc. launched a new generation of its Peri-Strips Dry with the Veritas Collagen Matrix (PSDV) product in February’2020. The product is also known as PSDV that comes with a secure grip for reliable staple line reinforcement in surgical procedures
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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