February 27, 2020

Surgical Stapler Market Expected to Grow At a CAGR of 6.8% During the Forecast Period

The latest market report published by Credence Research, Inc. “Surgical Stapler Market: Growth, Future Prospects, and Competitive Analysis, 2019 – 2027” the Surgical Stapler market was valued at US$ 2,847.2 Mn in 2018, expected to grow at a CAGR of 6.8% during the forecast period from 2019 to 2027.

Browse Full Report At https://www.credenceresearch.com/report/surgical-stapler-market

Market Insights

“Technology advancement along with new launch of powered staplers will drive the overall market growth” 

From 2019 to 2027, the global surgical stapler market grew proficiently accredited to an increase in surgical procedures for laparoscopy, orthopedics, open surgery, wound and cosmetic surgery. Rising U.S. FDA approvals for new stapling devices with upgraded fire technology will boost global market growth. Due to its advantage over traditional use, powered staplers will gain traction slowly in the developing economies. For end to end procedures, circular staplers are preferred more. Top-quality material technology such as titanium and other bio-absorbable materials will further increase overall demand due to its reduced immune reactions, faster accuracy, durability and design along with greater patient safety. Increasing product launches, technology expansion and product development for various types of procedures and non-invasive surgeries will contribute a significant international market share.

Access the sample copy of this research report:  https://www.credenceresearch.com/sample-request/60140

“Increasing number of surgical procedures along with chronic and lifestyle diseases will upsurge the overall demand for surgical staplers” 

Increasing population along with hospital admissions for adult patients for pelvic, abdominal, cardiac and general surgery will further spur revenue growth globally. Enhanced regulatory guidelines in the manufacturing of surgical medical devices will also drive market growth in the Europe and the U.S. According to CDC, more than 1.2. Million cesarean deliveries performed in the U.S. alone. Moreover, more than 4.5 million laparoscopic procedures performed every year in the U.S. alone; on a global scale, estimated to be more than 15 million. Additionally, around 600,000 hysterectomies (most common gynecologic surgical procedures) performed annually in the U.S. alone. 

Surgical Stapler Market

The North America region generated maximum revenue globally, attributed to increasing number of surgical procedures mainly in the geriatric segment, and domicile of key manufacturers in the U.S. market such as B Braun, Baxter, Medtronic, Ethicon, Inc., Smith and Nephew and many others. Major factors accountable for driving the growth are technology expansion, increasing preference for single-use staplers, new product approvals, presence of top manufacturers in the U.S. and increased product expansion in the emerging nations globally.

Key Market Movements: 

• Globally, the Surgical Stapler is growing at a CAGR of 6.8% for the period from 2019 to 2027

• Increased product expansion in the emerging nations along with huge hospital admissions for numerous surgical procedures will drive the market growth the Asia Pacific region. Developments in healthcare infrastructure, rise medical tourism and medical expenditure will further spur revenue growth.

• Increased funding by private organizations and government for better treatment options

• New product launches, and technology expansion will drive the market growth globally

Access the sample copy of this research report:  https://www.credenceresearch.com/sample-request/60140

Top Companies: 

• Medtronic Inc.

• Smith & Nephew plc

• Covidien plc

• Ethicon Endo-Surgery, Inc.

• Zimmer Holdings, Inc.

• B. Braun Melsungen AG

• Stryker Corporation

• Conmed Corporation

• Meril Life sciences

• Frankenman International

• CareFusion Corporation

• Purple Surgical

• Reach Surgical

• Victor Medical Instruments

• Surkon Medical

• Codman & Shurtleff (Codman)

• Integra LifeSciences Corporation

• Welfare Medical Ltd.

• Meril Life Science Pvt. Ltd.

• CryoLife Inc.

About Credence Research:

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