Global Surgical Stapler Market (2018 – 2023) research report is expected to register a CAGR of 7.25% over a five years forecast period. Additionally, Surgical Stapler market report also examines the market by discussing market dynamics such as opportunities, threats, challenges, drivers, restrictions, and other trends of market. The growing adoption of multi-factor techniques is expected to aid the growth to Surgical Stapler market, during the forecast period.
List of Key players operating in the Global Surgical Stapler Market are –
- Ethicon Inc.Medtronic Plc.CONMED CorporationSmith & NephewPurple Surgical Inc.Intuitive Surgical Inc.Welfare Medical LtdReach surgical Inc.Meril Life Science Pvt. LtdGrena LtdB. Braun Melsungen AGDextera Surgical Inc.Frankenman InternationalBecton
- Dickinson and CompanyIncisive Surgical Inc.
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The surgical stapler market is expected to grow at a CAGR of 7.25% over the forecast period. The surgical staplers are specialized medical staplers which can be used as an alternative to statures for the purpose of wound closure. Surgical staplers can be used during minimally invasive image-guided procedures and with the rise in demand for minimally invasive surgeries the market for surgical staplers is expanding.
Increasing Preference for Minimally Invasive Procedures and Technological Advances are Propelling the Surgical Stapler Market
In the recent years, there has been a paradigm shift towards the minimally invasive procedures, this trend is primarily due to the advancements in the laparoscopic techniques which are continuously moving toward a scarless surgery. Minimally invasive surgeries (MIS) have been proven to decrease recovery time and minimize the risk of infections when compared to open surgeries. Furthermore, minimally invasive procedures have better cosmetic results which greatly increase the patient compliance. There has been a significant advancement in the field of surgical staplers for minimally invasive surgery recently Medtronic plc launched a surgical stapler Signia(TM) which can measure the tissue variability and can adjust stapler's speed and firing force based on it. Recent technological advances coupled with the rising preference for minimally invasive procedures are major factors which are driving the market during the forecast period. Other factors that propel the market include a rise in the number of general and cosmetic surgeries and increasing usage of surgical staplers in bariatric surgery
Increased Risk of Infections and other Adverse Events
Surgical wound closure aims to achieve rapid wound healing and satisfactory cosmetic results while minimizing the risk of infections. Surgical staplers are sometimes preferred in specialty surgeries such as minimally invasive bariatric surgery due to their ease of use and rapid application. But according to some studies, surgical wound closures done through staplers have a high risk of infection. According to a research paper published by Smith et al. in US National Library of Medicine, the risk of developing a superficial wound infection after orthopedic surgery is over three times greater after staple closure than suture closure. Furthermore, the risk of surgical site infection was found out to be four times higher in the case of stapler use during hip surgery. Recently The Medical Journal of Australia updated its guidelines for skin closure in the treatment of hip fractures, and the new guidelines state that superficial wound complication rates are higher for wounds closed with metallic staples than for wounds closed with subcuticular vicryl statures. Through the evidence comes from studies with substantial methodological limitations the higher risk of complications can cause orthopedic surgeons to reconsider their use of staples for wound closure, which in turn can hamper the market growth.
North America Dominates the Surgical Stapler Market
In 2017, North America was the largest regional market in terms of revenue due to a high number of minimally invasive procedures, the presence of insurance coverage and high adoption rate of new healthcare technologies. The Asia Pacific is expected to grow at a rapid rate over the forecast period owing to the increasing number of minimally invasive surgeries and medical tourism in the developing economies such as India.
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Key Answers Catch in Analysis are:
– Which geographical region would have more demand for Surgical Stapler product/services?
– What are the business strategies accepted by leading players in the Surgical Stapler region-wise market?
– Which country would see the precipitous rise in CAGR & annual Surgical Stapler growth?
– What is the ongoing & estimated Surgical Stapler market size in the upcoming years?
– What is the Surgical Stapler market possibility for long-term investment?
– What type of opportunity would the country provide for current and Surgical Stapler market new players?
– What are the risk and challenges involved in Surgical Stapler suppliers?
– What are the factors which would propel the demand for the Surgical Stapler product in coming years?
– What is the impact study of numerous factors in the growth of the Global Surgical Stapler market?
– What are the latest trends in the regional Surgical Stapler market and how prosperous they are?
Reasons to Purchase Surgical Stapler Market Report:
- The report analyses how stringent emission control norms will drive the global Surgical Stapler market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Surgical Stapler market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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Surgical Stapler Market Report TOC Includes:
- Overview of Surgical Stapler market, scope of report and include research phases
- Surgical Stapler market insight based on industry analysis and forecast analysis
- Covers market drivers, restraints and opportunity faced by market
- Market segmentation and analysis by product types and applications
- Regional market analysis based on market size, growth rate and forecast year
- Competitive analysis based on mergers and joint ventures
- Share recent development and strategies of current Surgical Stapler market
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