The Global Surgical Staplers Market growth


Posted September 28, 2017 by vickyv

The Global Surgical Staplers Market was worth USD 3.2 billion in 2016 and estimated to be growing at a CAGR of 7.5%, to reach USD 4.6 billion by 2021. .

 
The Global Surgical Staplers Market was worth USD 3.2 billion in 2016 and estimated to be growing at a CAGR of 7.5%, to reach USD 4.6 billion by 2021. Surgical Staplers are specialised staples which are used in place of sutures in a surgery to connect or remove parts of lungs, bowels or to seal skin wounds. They were originally developed to replace sutures since leakages from poor suturing was a significant cause of mortalities after surgeries. From the recent times, clips are being used in place of staples as it prevents the penetration of staples. Stapling has the advantage of being faster and more accurate than suturing by hand. They are much less likely to cause leakages of blood from stapled organs.
In the beginning, the staples were made of stainless steel with titanium staples loaded into reloadable stapler cartridges. Most of the modern staples are primarily of two types, the first one being disposable and made of materials like plastic and the second type being reusable and made of stainless steel. Both these types are usually loaded by using disposable cartridges. Staples come in various shapes like straight, curved and circular.
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Circular staplers are used for procedures such as end-to-end anastomosis after bowel resection among others. Different staplers are used for open surgeries and laparoscopic surgeries. Laparoscopic surgeries use longer and thinner ones which are designed to allow access from restricted number of trocar ports. Titanium is used more often than stainless steel since the former produces less immune reactions as compared to latter. Synthetic bio-absorbable staplers are also being available which use materials like polyglycolic acid.
The Global Surgical Staplers market is driven by factors such as rising number of surgical operations around the world, increased preference of staplers over sutures, growing technological advancements, increasing demand for minimally invasive procedures, medical tourism in developing countries, rising demand for healthcare in low and middle income countries and growing popularity for cosmetic surgeries among others. However, the market is constrained by factors like alternative methods available for wound care and high price of devices.
The Global Surgical Staplers market is segmented on the basis of type into disposable stapler and reusable stapler segments. The reusable stapler segment is expected to have higher growth rate during forecast period. Based on product, the market is segmented into manual surgical stapler and powered surgical stapler. Manual surgical stapler has the larger share among the two. Based on end-user, the market is divided into hospitals, ambulatory surgical centres and clinics. Hospitals has the largest market share in this segment. On the basis of application, the market is divided into Pelvis, Abdominal, Thoracic, Cardiac, Haemorrhoids, Paediatric, Cosmetic and General Surgery segments.
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The Global Surgical Staplers market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America holds the largest market share in the world as a result of early acceptance and adoption of staples in the region along with demand for minimally invasive procedures. Asia-Pacific is the fastest growing region in the world because of huge number of patients in developing countries like China and India. As the number of surgical procedures is increasing coupled with increase in healthcare expenditure, the market is expected to witness a lucrative growth.Some of the major players in the market include Ethicon Inc. (U.S.), Medtronic plc (Ireland), CONMED Corporation (U.S.), Smith & Nephew (U.K.), Purple Surgical Inc. (U.K.), Intuitive Surgical Inc. (U.S.), Welfare Medical Ltd. (U.K.), Reach surgical Inc. (China), Meril Life Science Pvt. Ltd. (India), Grena Ltd. (U.K.), B. Braun Melsungen AG (Germany), Dextera Surgical Inc. (U.S.), Frankenman International (China), and Becton, Dickinson and Company (U.S.).
Market Segmentation :

1)Type
• Disposable Stapler
• Reusable Stapler
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type

2) Product
• Manual Surgical Stapler
• Powered Surgical Stapler
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product

3) End Users
• Hospitals
• Ambulatory Surgical Centres
• Clinics
• Y-o-Y Growth Analysis, By End Users
• Market Attractiveness Analysis, By End Users
• Market Share Analysis, By End Users

4)Application
• Pelvis
• Abdominal
• Thoracic
• Cardiac
• Haemorrhoids
• Paediatric
• Cosmetic
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

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Issued By Market data forecast
Country India
Categories Health
Tags healthcare , medicaldevices , surgical
Last Updated September 28, 2017