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EUROPE SURGICAL STAPLING DEVICES MARKET FORECAST 2019-2027

EUROPE SURGICAL STAPLING DEVICES MARKET FORECAST 2019-2027

  • April 2019
  • 65 pages
  • ID: 5762017
  • Format: PDF
  • Inkwood Research

Summary

Table of Contents

KEY FINDINGS
Surgical staplers were developed to address complications during the healing period of traditional sutures.However, the introduction of surgical staplers provided many advantages such as speed, accuracy, and evenness in the closure of wounds.

This made surgical stapler an important tool in the operating room.
The Europe surgical stapling devices market is estimated to grow from $XX million in 2018 to $XX million by 2027, at a CAGR of 7.52% through the forecasting period of 2019 to 2027. The economies of Spain Italy, the United Kingdom, France, Germany and the remaining countries forming the Rest of Europe contribute generously to the market growth through market expansion and organic growth by revenue.

MARKET INSIGHTS
Europe was the second largest market for surgical stapling devices.The advancement in powered surgical staplers with use of innovative cutting technology and faster firing time increased the demand for a surgical stapler in the market.

Reimbursement and awareness programs will upsurge the market during the forecast period.
The United Kingdom market for surgical stapling devices had captured the largest market share in 2018 and is expected to maintain a similar trend by 2027.Disorders like diabetes and obesity had been prevailing in the UK since the last few years.

Approximately xx million have diabetes, accounting for XX% of the population, of which XX% have type II diabetes.The National Health Service (NHS) promotes bariatric surgeries to lower the risk of stroke and blood pressure, preventing these individuals from becoming morbidly obese.

They are the largest end-user for the said market in the UK.

COMPETITIVE INSIGHTS
The major market players operating promiscuously in the region that are exhaustively profiled in the report are Medtronic PLC, Grena, Cook Medical LLC, ConMed Corporation, 3M Company, Intuitive Surgical, Ethicon Inc., Johnson & Johnson, Smith and Nephew PLC, St. Jude Medical Inc. (Acquired By Abbott Laboratories), Boston Scientific Corporation, Abbott Vascular Inc., Atricure Inc., Dextera Surgical, and Stryker Corporation.

Companies mentioned
1. 3M COMPANY
2. ABBOTT VASCULAR INC.
3. ATRICURE INC.
4. BOSTON SCIENTIFIC CORPORATION
5. CONMED CORPORATION
6. COOK MEDICAL LLC
7. DEXTERA SURGICAL
8. ETHICON INC.
9. GRENA
10. INTUITIVE SURGICAL
11. JOHNSON AND JOHNSON
12. MEDTRONIC PLC
13. SMITH AND NEPHEW PLC
14. ST. JUDE MEDICAL INC. (ACQUIRED BY ABBOTT LABORATORIES)
15. STRYKER CORPORATION

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