Global Surgical Staplers Market Overview
Surgical staplers are specialized staplers which are used in surgical purposes. They have replaced sutures and are used to close skin wounds under high tension. The advantages of using surgical staplers are reduced risk of infections, tight wound closure and minimal tissue reaction. The surgical staplers that are used in surgeries can be disposable and reusable. They are either made up of plastic or stainless steel and are widely used in laparoscopic surgeries.
The surgical staples reduces the inflammatory response in that area and are far more accurate than the traditional sutures. They are extensively used in various fields of surgeries such as anastomosis and in bariatric surgical procedures.
Market Size and Forecast
The market is observing robust growth on account of rising number of surgical procedures using surgical staplers, thereby driving the demand. Further, significant increase in thoracic and cardiac diseases which requires different interventions are some of the factors which are supporting the growth of the market. Additionally, the growing rate of geriatric population and rising occurrence of long lasting ailments on account of changing lifestyle along with increasing technological advancements in the healthcare sector and rising demand for less invasive surgical instruments are anticipated to drive the growth of the market in upcoming years.
The surgical staplers market is anticipated to record a CAGR of around 8% over the forecast period i.e. 2019-2027. The market is segmented by product type into circular, linear, skin and endoscopic, out of which, the circular surgical staplers are anticipated to dominate the global surgical staplers market on account of their increased use in end to end anastomosis and laparoscopic surgical procedures.
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Growth Drivers
Enhancement in Cardiac Diseases
Cardiac diseases or cardiovascular diseases are the major cause of deaths globally. Cardiac diseases are operated by using open heart surgeries or angioplasty. The major cause of cardiac disease is unhealthy lifestyle which results in cardiac blockage. If the percentage of artery blockage is more, it may result in death. According to the World Health Organization (WHO), approximately 17.9 million people have died because of CVD’s in the year 2016 which represents 31 percent of the total worldwide deaths. Out of these deaths, 85 percent are because of stroke and heart attack. The high incidence of cardiac diseases increases the chances of surgery, especially open heart surgeries, in which surgical staplers are widely used to reduce the risk of infection, reduce the pain and to improve the healing process of the surgical wound. Therefore, the rise in the prevalence of cardiac diseases worldwide is anticipated to support the growth of the global surgical staplers market over the forecast period.
Rising Geriatric Population
The geriatric population is susceptible to degradation in health and often suffer from internal complications which requires open surgeries. According to the World Bank, the total geriatric population was 8.482 percent of the total worldwide population in the year 2016 which enhanced to 8.696 percent of the total population in the year 2017. While operating old patients, surgical staplers are extensively used as they are not painful, are minimally invasive and have high rate of healing. These factors are anticipated to propel the demand for surgical staplers over the forecast period.
Restraints
Side Effects of Surgical Staplers
There are certain side effects which are associated with surgical staplers that create post operation problems such as adverse allergic reactions and severe irritations. These factors are estimated to hinder the growth of the market over the forecast period.
Market Segmentation
Our-in depth analysis of the global surgical staplers market includes the following segments:
By Usage
- Disposable
- Reusable
By Product Type
- Circular
- Linear
- Skin
- Endoscopic
By Technology
- Manual
- Powered
By Application
- Plastic Surgeries
- Neurosurgeries
- Urology
- Orthopedic Surgery
- Cardiothoracic Surgery
- Obstetrics
- Gynecology
- Laparoscopy
- Thoracic Surgery
- Microvascular
- Others
By End User
- Hospitals
- Ambulatory Service Centers
By Region
On the basis of regional analysis, the global surgical staplers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America is anticipated to have largest market share in the global surgical staplers market on the back of growing adoption of minimally invasive methods coupled with technological advancements in the healthcare sector. Additionally, the rise in the rate of obesity and approval from FDA to use non-invasive methods in the region is expected support the growth of the market. Further, the market in Asia Pacific region is expected to witness a significant growth on account of large pool of patients in countries such as China and India along with increase in the healthcare expenditure and growing awareness among people across the region.
The global surgical staplers market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Top Featured Companies Dominating The Market
- Codman & Shurtleff (Codman)
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Medtronic PLC
- CareFusion Corporation
- CONMED Corporation
- Purple Surgical Inc.
- Dextera Surgical Inc.
- CryoLife Inc.
- Integra Life Sciences
- Ethicon Inc.
- Stryker Corporation
- Other Prominent Players
