According to the report analysis, ‘Global Surgical Staplers Market (2017 - 2022)’ states that in the global surgical staplers market there are several key players which are recently functioning more significantly for leading the highest market growth and registering the handsome value of market share around the globe in coming years while developing the technologies, effectively satisfying the consumer needs, observing the age-related diseases and decrease the healthcare expenditure includes Johnson & Johnson, B Braun, 3M, Dextera Surgical, Intuitive Surgical, Smith & Nephew, CONMED, Medtronic, Purple surgical, Grena Ltd., and several others.
Increasing predilection for the staples over the sutures has been one of the general growth restorative for the market. Along the huge technological advancements, numerous market players are commercializing the staplers utilized for the endoscopic surgeries. Such devices find the benefits around the several branches of medicine, namely thoracic, gynaecology, and gastrointestinal-related to the surgeries as well as tissue and wound management processes. The requirement for the surgical stapling devices is poised to augment due to increase in bariatric processes and acceptance of developed technologies of function endoscopic processes. Moreover, the establishment of the powered surgical devices and soaring requirement for the tissue and wound maintenance is likely to further fuel the market.
Furthermore, along the growing technological advancements, numerous market players are commercializing staplers are widely utilized for the endoscopic surgeries. Such devices find the specification around the several branches of medicine, namely gynaecology, gastrointestinal-related surgeries, tissue and wound management processes and thoracic.
In addition, the global increase in the laparoscopic surgeries, specifically bariatric surgeries, has led to the superior implementation of the surgical staplers. These staplers result in quicker, more truthful and precise surgical wound closure, resulting in its advanced implementation. The global surgical staplers market is expected to reach USD 5.24 Bn by 2022, enlarging at a compound annual growth rate (CAGR) of 8.1% during the review period of 2017-2022.
Based on the application, the revenue share from abdominal surgeries effectively utilizing the surgical staplers was the maximum (30.32%), across the globe, in 2017. Surgical staplers are frequently utilized in abdominal surgeries like hysterectomy (open and laparoscopic), hernia repair, and bariatric surgeries, due to the effective growth in obesity and caesarean section births. Close on its heels, the universal surgeries sector (25.57%), is anticipated to bring in huge revenue owing to the augmented adoption of advanced medical technologies across the world. Cardiac and orthopedic surgeries also controlled a substantial market share in 2017.
Additionally, the North America region is the principal market for surgical staplers. An augment in the healthcare disbursement and several types of surgeries such as bariatric, an effective augment in the geriatric population, and age-related diseases are fueling the implementation of surgical staplers in North America. Europe attained a market share of 37.5% in 2017 owing to theaspects same to the North America. The Asia-Pacific market is anticipated to enlarge at the highest CAGR of 9.6% during the review period of 2017-2022, due to the effective growth in the number of surgeries in the region. Therefore, in the coming years, it is predicted that the surgical staplers will increase around the globe over the review period.
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Ankur Gupta, Head Marketing & Communications