PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129119
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129119
Surgical Stapler Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
"Surgical stapler market to exhibit dynamic growth during the forecast period"
The global surgical stapler market is increasing proficiently, expected to grow at a CAGR of 6.8%. Globally, the increasing usage of staples over traditional sutures will enhance the overall growth of the market. Rising surgical procedures along with minimally invasive procedures will drive market growth. Globally, increasing technological assessment in the product segment (mainly reusable staples), usage in endoscopic procedures and other applications such as gynecology, wound care, thoracic, gastrointestinal procedures are major factors driving the overall growth of the surgical staplers market. Increasing bariatric surgical procedures and the execution of advanced technologies in the overall surgical care will further spur revenue growth. Moreover, the introduction of powered devices and increasing need for tissue & wound care management is probable to further drive the overall growth of the market.
"Single use surgical staplers expected to register higher growth by the end of 2030"
By type, the surgical staplers market has been further segmented into single-use and reusable. Medical-grade plastics are used in disposable stapling devices. Stainless steel is preferred more in the reusable segment. In 2021, disposable surgical staplers generated maximum revenue share in the global market. Numerous advantages and benefits associated with these staplers include reduced risk of surgical site infections and time effectiveness owing to the pre-sterilization of surgical devices. The powered devices are preferred more due to enhanced technology advancement. For e.g. ECHELON CIRCULAR™ Powered Stapler, iDrive™ Ultra Powered Stapling System, Endo GIA™ Reinforced Reload with Tri-Staple™ Technology and others.
Additionally, the Centers for Disease Control and Prevention (CDC), U.S FDA and other organizations have implemented positive guidelines for the usage of disposable devices along with regulations over infection control and sterilization of medical devices.
"Laparoscopic surgery to witness a significant CAGR"
The increasing prevalence of chronic diseases, cancer, and the growing number of hospital admissions for various lifestyle diseases in the geriatric segment will enhance the growth of the market. Every year more than 113,000 bariatric surgeries are performed in the U.S., resulting in high demand for surgical staplers. In 2018, the abdominal & pelvic surgery in the applications expected to account for the maximum revenue share of the global market. It can be attributed to the growing prevalence of obesity and the rise in the number of weight loss and bariatric surgeries on a global scale.
Moreover, increasing laparoscopic surgeries along with wound closure procedures will drive the overall demand globally. Enhanced applications in general surgery, commercialization of stapling devices for endoscopic surgery in the pediatric segment and new applications for powered staplers will further spur revenue growth during the forecast period. Additionally, FDA approval for non-invasive surgeries, new launch of devices and technology expansion in the emerging nations will drive the overall demand in the applications segment worldwide.
"Increased research and development with strong product pipelines in the developed regions"
North America generated maximum revenue share around 1 Bn in the global surgical stapler market, owing to increasing number of surgeries performed every year, new launches along with the presence of top manufacturers, and FDA approval for non-invasive surgeries. Asia Pacific market show fastest CAGR worldwide. Acceptance of new brands from the U.S. and European manufacturers will boost market growth in the near future. Innovative technology expansion with higher safety and compatibility, partnerships, technology advancement in the developing nations and improved R&D on surgical devices will further drive the market growth on a global scale.
Key Developments
In November 2018, Ethicon Inc. launched a range of new products including Ethicon ECHELON FLEX™ GST System, STRATAFIX Knotless Tissue Control, HARMONIC HD 1000i Shears energy device and others for its bariatric revision surgical solutions
In February 2017, Medtronic Plc launched Signia stapling system with Adaptive Firing technology in the US, Western Europe and Japan.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Surgical Stapler market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Surgical Stapler market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Product
Single Use Surgical Stapler
Reusable Surgical Stapler
Application
Abdominal & Pelvic Surgery
General Surgery
Wound Closure
Cardiac and Thoracic Surgery
Orthopedic Surgery
Laparoscopy
Other Applications (Plastic and Reconstructive Surgeries, Microvascular surgery)
End User
Clinics
Ambulatory Surgical Centers
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Surgical Stapler market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Surgical Stapler market?
Which is the largest regional market for Surgical Stapler market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Surgical Stapler market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Surgical Stapler market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Surgical Stapler Market
- 2.2. Global Surgical Stapler Market, By Product, 2021 (US$ Million)
- 2.3. Global Surgical Stapler Market, By Application, 2021 (US$ Million)
- 2.4. Global Surgical Stapler Market, By End User, 2021 (US$ Million)
- 2.5. Global Surgical Stapler Market, By Geography, 2021 (US$ Million)
- 2.6. Impact of Covid 19
- 2.7. Attractive Investment Proposition by Geography, 2021
- 2.8. Competitive Analysis
- 2.8.1. Market Positioning of Key Surgical Stapler Market Vendors
- 2.8.2. Strategies Adopted by Surgical Stapler Market Vendors
- 2.8.3. Key Industry Strategies
3. Surgical Stapler Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Surgical Stapler Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Surgical Stapler Market: By Product, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Single Use Surgical Stapler
- 4.3.2. Reusable Surgical Stapler
5. Surgical Stapler Market: By Application, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Abdominal & Pelvic Surgery
- 5.3.2. General Surgery
- 5.3.3. Wound Closure
- 5.3.4. Cardiac and Thoracic Surgery
- 5.3.5. Orthopedic Surgery
- 5.3.6. Laparoscopy
- 5.3.7. Other Applications (Plastic and Reconstructive Surgeries, Microvascular surgery)
6. Surgical Stapler Market: By End User, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Clinics
- 6.3.2. Ambulatory Surgical Centers
- 6.3.3. Others
7. North America Surgical Stapler Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Surgical Stapler Market: By Product, 2020-2030, USD (Million)
- 7.3. Surgical Stapler Market: By Application, 2020-2030, USD (Million)
- 7.4. Surgical Stapler Market: By End User, 2020-2030, USD (Million)
- 7.5.Surgical Stapler Market: By Region, 2020-2030, USD (Million)
- 7.5.1.North America
- 7.5.1.1. U.S.
- 7.5.1.2. Canada
- 7.5.1.3. Rest of North America
- 7.5.1.North America
8. UK and European Union Surgical Stapler Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Surgical Stapler Market: By Product, 2020-2030, USD (Million)
- 8.3. Surgical Stapler Market: By Application, 2020-2030, USD (Million)
- 8.4. Surgical Stapler Market: By End User, 2020-2030, USD (Million)
- 8.5.Surgical Stapler Market: By Region, 2020-2030, USD (Million)
- 8.5.1.UK and European Union
- 8.5.1.1. UK
- 8.5.1.2. Germany
- 8.5.1.3. Spain
- 8.5.1.4. Italy
- 8.5.1.5. France
- 8.5.1.6. Rest of Europe
- 8.5.1.UK and European Union
9. Asia Pacific Surgical Stapler Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Surgical Stapler Market: By Product, 2020-2030, USD (Million)
- 9.3. Surgical Stapler Market: By Application, 2020-2030, USD (Million)
- 9.4. Surgical Stapler Market: By End User, 2020-2030, USD (Million)
- 9.5.Surgical Stapler Market: By Region, 2020-2030, USD (Million)
- 9.5.1.Asia Pacific
- 9.5.1.1. China
- 9.5.1.2. Japan
- 9.5.1.3. India
- 9.5.1.4. Australia
- 9.5.1.5. South Korea
- 9.5.1.6. Rest of Asia Pacific
- 9.5.1.Asia Pacific
10. Latin America Surgical Stapler Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Surgical Stapler Market: By Product, 2020-2030, USD (Million)
- 10.3. Surgical Stapler Market: By Application, 2020-2030, USD (Million)
- 10.4. Surgical Stapler Market: By End User, 2020-2030, USD (Million)
- 10.5.Surgical Stapler Market: By Region, 2020-2030, USD (Million)
- 10.5.1.Latin America
- 10.5.1.1. Brazil
- 10.5.1.2. Mexico
- 10.5.1.3. Rest of Latin America
- 10.5.1.Latin America
11. Middle East and Africa Surgical Stapler Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Surgical Stapler Market: By Product, 2020-2030, USD (Million)
- 11.3. Surgical Stapler Market: By Application, 2020-2030, USD (Million)
- 11.4. Surgical Stapler Market: By End User, 2020-2030, USD (Million)
- 11.5.Surgical Stapler Market: By Region, 2020-2030, USD (Million)
- 11.5.1.Middle East and Africa
- 11.5.1.1. GCC
- 11.5.1.2. Africa
- 11.5.1.3. Rest of Middle East and Africa
- 11.5.1.Middle East and Africa
12. Company Profile
- 12.1. Medtronic Inc.
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. Smith & Nephew plc
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. Covidien plc
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. Ethicon Endo-Surgery, Inc.
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. Zimmer Holdings, Inc.
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. B. Braun Melsungen AG
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. Stryker Corporation
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. Conmed Corporation
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. Meril Life sciences
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Frankenman International
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. CareFusion Corporation
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives
- 12.12. Purple Surgical
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Product Portfolio
- 12.12.4. Strategic Initiatives
- 12.13. Reach Surgical
- 12.13.1. Company Overview
- 12.13.2. Financial Performance
- 12.13.3. Product Portfolio
- 12.13.4. Strategic Initiatives
- 12.14. Victor Medical Instruments
- 12.14.1. Company Overview
- 12.14.2. Financial Performance
- 12.14.3. Product Portfolio
- 12.14.4. Strategic Initiatives
- 12.15. Surkon Medical
- 12.15.1. Company Overview
- 12.15.2. Financial Performance
- 12.15.3. Product Portfolio
- 12.15.4. Strategic Initiatives
- 12.16. Codman & Shurtleff (Codman)
- 12.16.1. Company Overview
- 12.16.2. Financial Performance
- 12.16.3. Product Portfolio
- 12.16.4. Strategic Initiatives
- 12.17. Integra Life Sciences
- 12.17.1. Company Overview
- 12.17.2. Financial Performance
- 12.17.3. Product Portfolio
- 12.17.4. Strategic Initiatives
- 12.18. Welfare Medical Ltd.
- 12.18.1. Company Overview
- 12.18.2. Financial Performance
- 12.18.3. Product Portfolio
- 12.18.4. Strategic Initiatives
- 12.19. Meril Life Science Pvt. Ltd.
- 12.19.1. Company Overview
- 12.19.2. Financial Performance
- 12.19.3. Product Portfolio
- 12.19.4. Strategic Initiatives
- 12.20. CryoLife Inc.
- 12.20.1. Company Overview
- 12.20.2. Financial Performance
- 12.20.3. Product Portfolio
- 12.20.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Surgical Stapler Market By Product, 2020-2030, USD (Million)
- TABLE 2 Global Surgical Stapler Market By Application, 2020-2030, USD (Million)
- TABLE 3 Global Surgical Stapler Market By End User, 2020-2030, USD (Million)
- TABLE 4 North America Surgical Stapler Market By Product, 2020-2030, USD (Million)
- TABLE 5 North America Surgical Stapler Market By Application, 2020-2030, USD (Million)
- TABLE 6 North America Surgical Stapler Market By End User, 2020-2030, USD (Million)
- TABLE 7 UK and European Union Surgical Stapler Market By Product, 2020-2030, USD (Million)
- TABLE 8 UK and European Union Surgical Stapler Market By Application, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Surgical Stapler Market By End User, 2020-2030, USD (Million)
- TABLE 10 Asia Pacific Surgical Stapler Market By Product, 2020-2030, USD (Million)
- TABLE 11 Asia Pacific Surgical Stapler Market By Application, 2020-2030, USD (Million)
- TABLE 12 Asia Pacific Surgical Stapler Market By End User, 2020-2030, USD (Million)
- TABLE 13 Latin America Surgical Stapler Market By Product, 2020-2030, USD (Million)
- TABLE 14 Latin America Surgical Stapler Market By Application, 2020-2030, USD (Million)
- TABLE 15 Latin America Surgical Stapler Market By End User, 2020-2030, USD (Million)
- TABLE 16 Middle East and Africa Surgical Stapler Market By Product, 2020-2030, USD (Million)
- TABLE 17 Middle East and Africa Surgical Stapler Market By Application, 2020-2030, USD (Million)
- TABLE 18 Middle East and Africa Surgical Stapler Market By End User, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Surgical Stapler Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Surgical Stapler Market: Quality Assurance
- FIG. 5 Global Surgical Stapler Market, By Product, 2021
- FIG. 6 Global Surgical Stapler Market, By Application, 2021
- FIG. 7 Global Surgical Stapler Market, By End User, 2021
- FIG. 8 Global Surgical Stapler Market, By Geography, 2021
- FIG. 9 Global Surgical Stapler Market, By Product, 2021 Vs 2030, %
- FIG. 10 Global Surgical Stapler Market, By Application, 2021 Vs 2030, %
- FIG. 11 Global Surgical Stapler Market, By End User, 2021 Vs 2030, %
- FIG. 12 U.S. Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 13 Canada Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 14 Rest of North America Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 15 UK Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 16 Germany Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 17 Spain Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 18 Italy Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 19 France Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 20 Rest of Europe Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 21 China Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 22 Japan Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 23 India Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 24 Australia Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 25 South Korea Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 26 Rest of Asia Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 27 Brazil Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 28 Mexico Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 29 Rest of Latin America Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 30 GCC Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 31 Africa Surgical Stapler Market (US$ Million), 2020 - 2030
- FIG. 32 Rest of Middle East and Africa Surgical Stapler Market (US$ Million), 2020 - 2030
