1. Market Research
  2. > Healthcare
  3. > Health Services Market Trends
Surgical Stapler Market - Growth, Trends, and Forecast (2019 - 2024)

Surgical Stapler Market - Growth, Trends, and Forecast (2019 - 2024)

  • April 2019
  • 129 pages
  • ID: 5778418
  • Format: PDF
  • By Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

Market Overview
The surgical stapler market was valued at USD 3,300 million in 2018 and is expected to reach USD 4,883.39 million by 2024, with an anticipated CAGR of 6.75%, during the forecast period, 2019-2024.

The major factors attributing to the growth of the surgical stapler market include increasing preference for minimally invasive procedures, technological advancement, and increasing usage of surgical staplers in bariatric surgery.

According to the estimates of the American Society for Metabolic & Bariatric Surgery, in the United States, the number of bariatric surgeries were 228,000 in 2017, as compared to 158,000 in 2011. Bariatric and other weight loss-related surgeries use surgical staplers to close the surgical openings, and this is ultimately driving the market studied. Surgical staplers offer benefits, such as faster recovery, less pain, coagulation, and accurate closure. The United States accounts for the largest number of patents filed for surgical staplers and related devices, with companies, like Dextera Surgical and Ethicon, continuously researching to develop superior surgical staplers. These technological advancements have helped in the growth of the market studied.

Scope of the Report
Surgical staplers are specialized medical staplers, which can be used as an alternative to sutures, for the purpose of wound closure. They can be used during minimally invasive image-guided procedures. With the rise in demand for minimally invasive surgeries, the global surgical staplers market is expanding.

Key Market Trends
Disposable Surgical Stapler Segment Holds a Major Share in the Market

Disposal surgical staplers are one-time use devices, mostly made of plastic. These devices cannot be sterilized and reused again. The disposal staplers are preferred as they reduce the chances of surgical infection, which ultimately enhances the procedure quality. Additionally, the transmission of infectious diseases from patient to the medical personnel can be prevented in the disposal surgical staplers. Disposal surgical staplers are also cost-effective when compared to the reusable staplers. Avoiding transmitting of infections through contaminated devices is very crucial for the healthcare organizations, which is considered to be the major problem associated with the reusable devices. Also, the sterilization of the reusable devices’ complex procedure requires proper care and maintenance. This single factor has been the key driver of the market and has helped the disposal of surgical staplers to hold a large share.

North America Dominates the Market and is Expected to do the Same in the Forecast Period

North America is expected to dominate the overall market throughout the forecast period. This is due to the large obese population and an increasing number of various surgical procedures. Various applications of surgical staplers include the areas of gynecology, abdominal surgeries, cardiothoracic and orthopedic surgeries, etc. In the North American region, the United States holds the largest market share. The United States witnessed a rapid increase in the number of diseases, like obesity, cardiovascular problems, and different types of cancers, contributing to the rise in the number of surgeries, both open as well as minimally invasive types. The increase in minimally invasive surgeries taking place for chronic diseases has helped in the growth of the surgical stapler market.

Competitive Landscape
The surgical stapler market is fueled by the superior quality of surgical staplers, technological advancements, product approvals, and their application across various fields. For instance, in April 2017, Ethicon US LLC received 510(K) approval from the US Food and Drug Administration for Echelon Circular Powered Stapler, in order to reduce complications in the colorectal, gastric, and thoracic cancer surgeries. One of the recent advancements in metal and absorbable skin staplers is expected to create tremendous opportunities for the players in the market studied over the coming years. The surgical stapler market is moderately competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. The major players operating in the market studied include Medtronic PLC, Ethicon (J&J), B. Braun Melsungen AG, ConMed Corporation, and 3M Company, among others.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client’s requirements
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
10% Off

($4250)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Anesthesia Gases Market - Growth, Trends, and Forecast (2019 - 2024)

Anesthesia Gases Market - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • October 2019

Market OverviewThe Anesthesia Gases market studied was valued at USD 1,588.07 million in 2018, and is expected to reach USD 1,969.18 million by 2024, with an anticipated CAGR of 3.65%, during the forecast ...

Topical Absorbable Hemostats - Medical Devices Pipeline Assessment, 2019

Topical Absorbable Hemostats - Medical Devices Pipeline Assessment, 2019

  • $ 4000
  • December 2019

Topical Absorbable Hemostats - Medical Devices Pipeline Assessment, 2019Summary Medical Devices sector report, “Topical Absorbable Hemostats - Medical Devices Pipeline Assessment, 2019" provides an overview ...

Hematology Analyzers - Medical Devices Pipeline Assessment, 2019

Hematology Analyzers - Medical Devices Pipeline Assessment, 2019

  • $ 4000
  • November 2019

Hematology Analyzers - Medical Devices Pipeline Assessment, 2019SummaryMedical Devices sector report, “Hematology Analyzers - Medical Devices Pipeline Assessment, 2019" provides an overview of Hematology ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on