PUBLISHER: TechSci Research | PRODUCT CODE: 1163317
PUBLISHER: TechSci Research | PRODUCT CODE: 1163317
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The India surgical staplers market stood at USD 28.30 million in 2022 and is expected to grow at steady rate of 6.07% during the forecast period. The major factors include increasing prevalence of chronic diseases imposing surgeries such as gynecology, general, colorectal, bariatric, cardiac etc., technological advancements, and unhealthy lifestyle. Interventional surgical stapler is a medical device which is used to stitch the skin at the place of sutures to reduce the pain of patient. The procedure also comprises of reloads and removers that participates in all types of surgeries. The other factor which bolsters the market growth are increasing investments in healthcare sector, growing patient awareness, and increase in geriatric and bariatric population. Various initiatives and awareness programs have been taken by the government, to raise awareness about diseases and treatments, as well as information about the availability of more advanced technologies and procedures at healthcare facilities.
The prevalence in number of chronic diseases such as cardiovascular diseases, general, orthopaedic, cosmetic, and bariatric diseases are driving the growth of the surgical staplers market. The patients are adopting laparoscopic procedures for the sake of surgeries to reduce the unnecessary pain as well to reduce the time and to achieve accuracy. Its trend has been increasing due to lower incision, reduction in duration of hospital stay, and lower cost associated with the surgery.
The increasing consumption of processed foods, alcohol, smoking, and tobacco are leading to an increase in health-related issues. Most of the Indian adult population is sedentary, and only 16% of young adults are physically active. This lack of physical activity can cause obesity, hypertension, and diabetes. According to Times of India research, 64% Indians don't do regular exercise. Additionally, the increase in dietary irregularities is surging the growth of the Indian surgical staplers market. For instance, in recent years, the reported crude mortality rate after major surgery is 0.5-5%. Therefore, the high mortality rate and huge patient population in the India is anticipated to drive the surgical staplers market during the forecast period.
Rapid advancements in research and development (R&D) activities are driving the growth of the market as novel drugs and new products are developed for the treatment of chronic diseases. The development of innovative bioabsorbable and certain stapling devices, stapling glue, and surgical mesh tubes also drives market growth. Furthermore, the frequent technological advancements for minimal invasive surgeries to treat chronic diseases drive the market growth as they are less painful, minimize pain risk, and patients recover faster as staples dissolve inside the body.
The India surgical staplers market can be segmented into product type, technology, usability, application, end user, and region. By product type, the market can be segmented into skin staplers, linear staplers, circular staplers, endoscopic staplers, and others. Based on technology, the market can be split into manual surgical stapler and powered surgical stapler. In terms of usability, the market can be divided into disposable surgical stapler and reusable surgical stapler. By application, the market can be segmented into general surgery, gynecology surgery, cardiac surgery, bariatric surgery, cosmetic surgery, colorectal surgery, and others. Based on end user, the market can be differentiated into hospitals & clinics, ambulatory care centers, and others.
3M India Limited, India Medtronic Pvt. Ltd., Stryker India Pvt. Ltd., Johnson & Johnson Medical (India) Ltd., Becton Dickinson India Private Limited, B. Braun Medical (India) Pvt. Ltd., GPC Medical Ltd., Advin Healthcare, Meril Lifesciences India Pvt. Ltd., Healthium Medtech Limited, etc. are some of the leading companies operating in the market.
In this report, India surgical staplers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profile: Detailed analysis of the major companies present in India surgical staplers market
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