Surgical Stapling Devices System Market Outlook, Opportunity and Demand Analysis, Forecast 2026
The market for surgical stapling devices, which was valued at USD 2.16 billion in 2018, is anticipated to grow to USD 3.81 billion by 2026, at a CAGR of 7.4%. Surgical stapling instruments, also known as surgical staplers, are medical tools used to close wounds or incisions following surgery. Due to the benefits that using a surgical stapler has over using traditional suturing and stitching techniques, its use has increased. According to OECD statistics, an estimated 17,000 mastectomy in-patient cases were recorded in the U.S. in 2017.
The report will be made available by Fortune Business Insights. Market forecast for surgical staplers to 2026 Impact and analysis of COVID-19 Based on Product Type (Powered, Manual), By End-User (Hospitals, Specialty Clinics, Others), By Type (Disposable, Re-usable), By Application (Gynecology Surgery, Urology Surgery, General Surgery, Others), By Surgery Type (Open Surgery, Laparoscopic Surgery), and By Regional Forecast, 2019–2026
Key Points Covered In Surgical Stapling Devices Market
The global surgical stapling devices market is expected to grow at a significant rate due to the increasing prevalence of chronic diseases and advancements in technology.
The market is segmented by product, application, and end-user. Stapling devices are used in various surgical procedures such as gastrointestinal, thoracic, and orthopaedic surgeries.
The growing adoption of minimally invasive surgical procedures is expected to drive the demand for surgical stapling devices.
The Asia Pacific region is expected to witness the highest growth in the surgical stapling devices market due to the increasing adoption of these devices in countries such as China and India.
Key players operating in the surgical stapling devices market include Ethicon, Covidien, Medtronic, Intuitive Surgical, and CONMED, among others. These companies have a strong distribution network and offer a wide range of products to cater to the needs of the customers.
Technological advances in surgical staplers and associated staples have predominantly impacted the adoption of surgical stapling devices among healthcare providers. The major players are focusing on reducing the diameter of the surgical stapling device to facilitate internal as well as external incision closure.
The Surgical Stapling Devices Market's primary goal of this research is to provide information on the post-COVID-19 impact that will aid market participants in this field in evaluating their business strategies. In addition, Surgical Stapling Devices Market segmentation by main market players, kinds, applications/end users, and geography is included in this study (United States, Europe (Germany, UK, France, Italy, Spain, Poland, Russia), Japan, China, Southeast Asia, India, (Philippines, Malaysia, Singapore, Indonesia, Vietnam, Thailand), Latin America (Brazil, Colombia Mexico,), Middle East and Africa (Saudi Arabia, Turkey, Egypt, South Africa, United Arab Emirates, Nigeria) and Others). Size, Share, Competitive Landscape, and Segmentation Analysis of the Surgical Stapling Devices Market Share: Understanding your competitors' core business strategies, past performance, and product and service portfolio is essential for creating superior business strategies and obtaining a market advantage. The major firms in the Surgical Stapling Devices Market are examined in depth in this report.
Major Surgical Stapling Devices Market Size Manufacturers covered in the market report include:
Medtronic
Johnson and Johnson Services, Inc.
3M
Smith and Nephew
B. Braun Melsungen AG
Purple Surgical
Intuitive Surgical
AesDex, LLC
Becton, Dickinson and Company
Conmed Corporation
The Report is divided into types, end-use industries, and applications in this report. The development of diverse segments aids you in obtaining knowledge of the numerous growth elements that are expected to be common across the industry, as well as generating distinct methods to assist you in identifying major application areas and variations in your target markets.
Regional Analysis:
On the basis of Geography, the Surgical Stapling Devices Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold a considerable share in the Surgical Stapling Devices Market. Due to increasing investment for the research and development process and adoption of solutions in the region whereas Asia-Pacific is expected to grow at a faster pace during the forecasted period.
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