Surgical Staplers Market Trends

  • Report ID: 6434
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Surgical Staplers Market Trends

Growth Drivers:

  • Continuous technological advancements: Surgical staplers have drastically transformed from simple manual devices to powered and highly sophisticated ones. The devices currently available enable surgeons to perform tasks with better precision and less manual effort. Several companies are focused on developing stapling devices with ergonomic devices to reduce overall fatigue and enhance precision during long surgical procedures.

    For instance, in May 2024, Ethicon announced the U.S. launch of a first-of-its-kind surgical stapler, LINEAR Cutter that provides 47% fewer leaks at the staple line and helps to reduce risks associated with surgery. Another well-known company, Sinolinks Medical launched the first end cutter-powered stapler at a conference in China held in May 2022. Innovations like these are expected to fuel the global surgical staplers market growth during the forecast period.
  • Increasing aging population and rising healthcare expenditure: The increasing global population is another crucial factor, fueling market growth. Older people are more susceptible to chronic conditions such as cardiovascular, and gastrointestinal diseases, types of cancer, and orthopedic cancers, leading to surgical interventions and demand for efficient and safe advanced stapling devices. In addition, an increasing number of people undergoing complex surgeries is leading to demand for highly specialized stapling tools and devices. 

    Rapid expansion of healthcare infrastructure and increasing healthcare spending, especially in developing countries is another factor expected to boost surgical staplers market growth going ahead. Governments and private organizations in countries in the Asia Pacific and Latin America are investing in hospitals and healthcare centers. This is expected to increase the demand for several medical devices, including surgical staplers.

Challenges:

  • Limited versatility and rising concerns about device malfunctions: Though surgical staplers are rapidly gaining traction; limited versatility can affect their adoption rate going ahead. Many types of staplers are not suitable for all tissues and wounds and are less effective for closing wounds of delicate tissues. In addition, many times, these stapling devices fail to function properly, leading to issues such as excessive bleeding, infection, or even post-surgical complications. This is a key factor that can hamper overall surgical staplers market growth during the forecast period.
  • Environmental concerns due to high usage of disposable staplers: Disposable or single-use staplers often strain hospital budgets which can be a challenge for small-scale hospitals and clinics. These single-use staplers also generate significant medical waste, leading to increased environmental concerns and medical disposal issues.

Surgical Staplers Market: Key Insights:

Base Year

2024

Forecast Year

2025-2037

CAGR

6.9%

Base Year Market Size (2024)

USD 5.9 billion

Forecast Year Market Size (2037)

USD 13.1 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6434
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The surgical staplers market size was USD 5.9 billion in 2024.

The global surgical staplers market size was estimated at USD 5.9 billion in 2024 and is expected to reach USD 13.1 billion by the end of 2037, expanding at a CAGR of 6.9% during the forecast period, i.e. 2025-2037.

Becton, Dickinson and Company, Medtronic Plc, Johnson & Johnson, ConMed Corp, 3M Co, Smith & Nephew Plc., Braun Melsungen AG, Welfare Medical LTD, Reach Surgical, Grena LTD, and Meril Life Sciences PVT LTD are some key players operating in the global market.

Based on type, reusable surgical staplers are expected to lead the market during the forecast period.

North America is expected to open lucrative opportunities in the coming years.
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