Surgical Staplers Market Overview, Recent Developments, Regional Insights, Segmentation, and FAQs
The Surgical Staplers Market has experienced significant growth in recent years, driven by technological advancements and an increasing number of surgical procedures worldwide. According to a report by Market Research Future, the market was valued at USD 2.36 billion in 2021 and is projected to reach USD 4.45 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.30% during the forecast period.
Overview
Surgical staplers are specialized medical devices used to close wounds or surgical incisions by applying staples instead of sutures. They offer advantages such as reduced operative time, consistent wound closure, and decreased post-operative complications. These devices are commonly used in various surgeries, including abdominal, thoracic, and orthopedic procedures.
Recent Developments
The surgical staplers market has witnessed several notable developments:
- Product Launches: In May 2024, Johnson & Johnson’s subsidiary, Ethicon, Inc., introduced the ECHELON LINEAR Cutter, designed with innovative technologies to enhance staple line security and improve patient outcomes.
- Agreements: In May 2024, Covidien Japan, Inc. (a subsidiary of Medtronic Plc) and HOGY Medical Co., Ltd. signed a service agreement to collaborate on selling SuReFInD, a marking medical device used for lung cancer patients. This collaboration aims to integrate SuReFInD with Medtronic’s surgical stapler, Endo GIA, for lesion resection.
Regional Analysis
The surgical staplers market exhibits varying growth patterns across different regions:
- North America: This region holds a significant market share, attributed to the strong presence of leading medical device companies, substantial investments in healthcare infrastructure, and a rising number of surgical procedures. The U.S. surgical staplers market alone accounts for approximately 35-40% of the global market during the forecast period.
- Asia-Pacific: The Asia-Pacific region is anticipated to exhibit the highest growth rate during the forecast period. Factors such as the establishment of advanced healthcare facilities, increased availability and adoption of surgical staplers, and local manufacturing capabilities in countries like China and India contribute to this growth.
Market Segmentation
The surgical staplers market is segmented based on type, mechanism, application, and end user:
- By Type:
- Disposable Surgical Staplers
- Reusable Surgical Staplers
- By Mechanism:
- Manual
- Powered
- By Application:
- Abdominal & Pelvic Surgery
- General Surgery
- Cardiac and Thoracic Surgery
- Orthopedic Surgery
- Others
- By End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Frequently Asked Questions (FAQs)
- How much is the surgical staplers market worth?
- The surgical staplers market is anticipated to reach USD 4.45 billion by 2030, growing at a CAGR of 7.30% from 2022 to 2030. (Source)
- Which region holds the largest market share in the surgical staplers market?
- North America holds the largest market share in the surgical staplers market. (Source)
- Who are the key players in the surgical staplers market?
- Key players include Medtronic (Ireland), Ethicon, Inc. (US), Smith and Nephew Plc (UK), CONMED Corporation (US), and B.Braun Melsungen AG (Germany), among others. (Source)
- Which type led the surgical staplers market?
- The disposable surgical staplers segment held the majority share in 2022. (Source)
- Which application had the largest market share in the surgical staplers market?
- The abdominal & pelvic surgery segment held the largest market share in the surgical staplers market.
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