Surgical Stapling Devices Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Surgical Stapling Devices Market

The surgical stapling devices market size was valued at USD 2.16 billion in 2018, and the market is now projected tgrow from USD 6.11 billion by 2032, exhibiting a CAGR of 7.7% during the forecast period of 2015-2026.

Technological improvements in surgical staplers are increasing the global surgical stapling devices market growth by increasing its usage in the healthcare industry. Key players are reducing stapler diameters for improved incision closure and adjusting sizes for laparoscopic surgeries. Powered staplers minimize incision time, reduce blood loss and lower complications. These innovations outperform traditional suturing methods in healing and pain reduction. The benefits of advanced stapling devices are boosting their acceptance in surgical procedures.

Additionally, diverse product offerings and strong adoption in developed regions drive the surgical stapling devices market share. Key players provide both powered and manual staplers tmeet varying medical needs. Advanced devices promote smaller incisions, faster healing and reduced malfunctions. Technological innovations enhance surgical efficiency and patient outcomes. These factors contribute tincreased market demand and growth.

Comprehensive Analysis of Surgical Stapling Devices Market

The surgical stapling devices market and healthcare industry is rising at an exponential rate due tits market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the healthcare industry. These segmentations are methodically segregated by product type, by type, by application, by surgery type and by end-user. The product type includes, Powered and Manual. The type includes, Disposable and Re-usable. The application includes, Gynecology Surgery, Urology Surgery, General Surgery and Others. The surgery type includes, Open Surgery and Laparoscopic Surgery. The end-user includes, Hospitals, Speciality Clinics and Others.

North America accounted for the largest market share of surgical stapling devices with USD 980.3 million in 2018. The region is projected tcontinue dominating the market in the coming period. High demand in the laparoscopy, surgical and robots industry and increased incorporation of an advanced staple and stapler facility contribute tthe development of the market. The strategic activities that identify key players in the region focus on the launch of new products. Higher technology improvements enhance market growth. The stronger demand in North America drives further market dominance.

The top players in the market play a crucial role in the healthcare industry assuring industrial prospectus growth and setting market standards. These players include, Medtronic, Johnson and Johnson Services, Inc., 3M, Smith & Nephew, B. Braun Melsungen AG, Purple Surgical, Intuitive Surgical, AesDex, LLC, Becton, Dickinson and Company and Conmed Corporation. These market players provide a level-playing competitive landscape.

In September 2018, Intuitive Surgical Inc. received a USFDA nod for SureForm 60, a compact, fully-wristed, fourth-generation disposable Minimally invasive surgical stapler.

Segmentation Table

Global Surgical Stapling Devices Market Scope

Study Period 2015-2026

Base Year 2018

Forecast Period 2019-2026

Growth Rate CAGR of 7.7% from 2019 t2026

Historical Period 2015-2017

Unit Value (USD billion)

Segmentation By Product Type, Type, Application, Surgery Type, End User, and Geography

By Product Type

• Powered Surgical Stapling Device
• Manual Surgical Stapling Device

By Type

• Disposable
• Re-usable

By Application

• Gynecology surgery
• Urology surgery
• General Surgery
• Others

By Surgery Type

• Open Surgery
• Laparoscopic Surgery

By End User

• Hospitals
• Specialty Clinics
• Others

By Geography

• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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