Surgical Staplers Market Report

Technological advances over various scientific disciplines have created numerous surgical devices and instruments that are utilized during surgical procedure. Both the progressing introduction of new devices and technical improvements in existing devices are changing the way surgeon perform traditional task and enabling to develop new surgical technique with the objective of improving patient outcomes. The surgical stapler is an example of a device that is commonly used during surgical procedures and, at the same time, is in an almost constant state of developmental evolution. They are used as an alternative traditional method like sutures and needles. These devices are easy to use and save considerable time for the surgeon. The benefit of using these devices allows for more complex procedures and shorter surgical procedure time. 

Surgical Staplers Market Outlook

The demand for surgical stapling devices is poised to increase owing to rise in demand for minimally invasive surgery, upsurge in adoption of surgical staplers against surgical sutures in developed as well as developing countries, and technological advancement in the sector.  Further, the rapid growth in the occurrence of diseases such as cardiovascular problems and cancer and Age-Related Conditions, are contributing to the growth in the number of surgeries which in turn supports the growth of the market. Surgical staple sutures are favoured by specialists for wound closure by virtue of a several advantages as compared to surgical sutured. Surgical staple sutures are preferred by surgeons for wound closure on account of several advantages as compared to surgical sutured. Surgical staplers have the benefit of being progressively affordable, speedier, and cause fewer infections than stitches.  However, the high cost of devices and availability of alternative wound care techniques is likely to hinder the growth of the market. Nevertheless, the growing Popularity of cosmetic surgeries, rising medical tourism in developing economies and increasing healthcare demand in low- and middle-income countries provides the opportunity for the growth of the market. 

Surgical Staplers Market Segmental Overview

The report analyses the global a Surgical Staplers market based on product type, usability, application, mechanism, end user and geography. 

Surgical Staplers Market by Product Type

Surgical Staplers market by product type is bifurcated into linear staplers, circular staplers, skin staplers, endoscopic staplers and others. Circular surgical Staplers accounted for the significant market share in 2018 attributed to the factors such as diverse range of applications provided by the circular staplers in chronic and complicated surgeries coupled with the will growing use of the circular staplers for end-to-end anastomosis such as cervical esophagogastric anastomosis in esophagectomy.  Further, growing use of linear Staplers in paediatric surgery, thoracic surgery, abdominal surgery, and gynaecology will result in high product adoption rate of linear surgical staplers over the forecast period.

Surgical Staplers Market by Usability

Surgical Staplers by usability is classified into disposable surgical staplers and reusable surgical staplers. Disposable surgical Staplers perfect for post-usable injury conclusion and for minding of minor injuries. The usage of disposable surgical Staplers in the complex chronic surgeries, for example, cardiovascular medical procedures will increase the development product segment over the forecast period. Whereas the adoption rate of reusable surgical staplers is fairly high in the developing regions as they are economical to use and are preferred by the healthcare professionals. 

Surgical Staplers Market by Application 

Based on the application, the market is categorised into abdominal & pelvic surgery, general surgery, cardiac and thoracic surgery, orthopaedic surgery, and other surgical applications. Abdominal & pelvic surgery is anticipated to observe lucrative growth during the forecast period.  The segmental growth is attributed to the growing prevalence of obesity coupled with the growing health consciousness across the globe, growth in the number of bariatric or weight loss surgeries across the globe.

Surgical Staplers Market by Mechanism 

Based upon mechanism, the market is bifurcated into manual surgical staplers and powered surgical staplers. The powered surgical staplers are expected to register the lucrative CAGR over the forecast period due to wide range of benefits associated with powered staplers, such as ease of use, minimal risk of complications like blood loss, shorter operating time, and reduced hospital costs as compared to manual staplers.

Surgical Staplers Market by End User 

By end user, the market is categorised into hospitals and ambulatory surgical centers (ASCs) & clinics. The hospitals segment is projected to account for the largest share of the market. Speedily increasing patient volume and the consequent increase in the number of complex surgeries, easy accessibility to multiple specialty treatments in a single facility are the central point driving the development of this end-user segment.  Further, the hospital segment is poised to retain its dominance over the forecast period due to favourable reimbursement scenario for bariatric surgeries. This is available solely for inpatients and hospital outpatients, whereas ambulatory centers are not covered under this code.

Surgical Staplers Market by Geography

By geography, the global surgical staplers market is analysed across key regions such as, North America, Europe, Asia Pacific, and Rest of the world. The dominance of North America is attributed to factors growing geriatric population, increasing preference for bariatric and cosmetic surgeries, and use of advanced technologies and non-invasive methods in increasing number of total surgeries performed. Other prominent factor for the larger market share are the highest obesity rate in this region coupled with the local presence of global players, FDA approval for non-invasive surgeries and higher public & private spending as a percentage of GDP (resulting in better healthcare facilities and infrastructure).

Asia Pacific is anticipated to observe highest CAGR growth over the forecast period owing to the factors such as presence of a large patient pool in economies such as India and China. Moreover, rising geriatric population suffering from chronic disease such as cancer, cardiovascular disease and diabetes contribute to the rising number of surgical procedures performed in this region.  In addition, technological advancements and enhanced operational capabilities of the manufacturing companies will increase the industry size over the forecast period.

Surgical Staplers Market Key Players

Some of the key players operating in the global Surgical Staplers market are Ethicon Inc. , Medtronic plc , CONMED Corporation , Smith & Nephew, Purple Surgical Inc., Intuitive Surgical Inc., Welfare Medical Ltd., Reach Surgical Inc. , Meril Life Science Pvt. Ltd., Grena Ltd., B. Braun Melsungen AG, Dextera Surgical Inc, Frankenman International, and Becton, Dickinson Company  among others.