Surgical Stapling Devices Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Surgical Stapling Devices Market: Snapshot
Surgical stapling devices or surgical staplers are occupying an increasingly crucial role in surgeries, particularly for complex ones such as gastrointestinal, gynecologic, and bariatric procedures. Over past few years, these mechanical medical devices have grown proportionately to complement the several advancements in surgical procedures. The use of surgical stapler devices helps in the development of new surgical techniques, modify the existing ones, and boost patient outcomes. The market for surgical stapling devices also witnesses a robust impetus from the burgeoning demand for minimally invasive surgeries all around the world. One of the most important criteria in making the optimal use of these devices by surgeons is the comprehensive knowledge of tissue-device interactions so that a stable anastomosis could be created. With each tissue displaying a unique characteristic and intrinsic biomechanical properties, the interaction of surgical stapling device depends on several factors such as staple height, compression, tissue thickness, and tissue compressibility. On this note, surgeons must be aware of these interactions and if they fail to update their knowledge and skills about the working of new devices as well as reengineered existing types, this may lead to unexpectedly low surgical outcomes.
Notwithstanding the high efficiency and market versatility of these stapling devices, they are prone to inadequate use if they are plagued by technical errors. In recent years, there have reported incidences of staple line leaks causing unstable anastomosis, leading to various postoperative complications. The incidence of staple leaks may be on account of the knowledge gap surgeons have over the tissue handling characteristics of these stapling devices. This calls for timely and regular research programs collaborated by educational programs to fill this gap. However, there is still a long way to go to achieve the optimal usage of surgical stapling devices in the medical practice. This will be underpinned by concerted efforts by surgeons and medical device makers to develop a robust foundational framework.
Global Surgical Stapling Devices Market: Overview
The global surgical stapling devices market is expected to show a steady growth in the coming years. The growing concerns about obesity and options of bariatric procedures are expected to favor market growth in the coming years. The growing popularity of endoscopic procedures and availability of technologically advanced surgical devices, especially for tissue and wound management have largely encouraged the growth of the global market in recent years. Rapid developments in technology, well-established healthcare infrastructure in developed parts of the world, and growing demand for powered surgical instruments have been identified as the underlying factors likely to define the trajectory of the global market in the coming years.
Global Surgical Stapling Devices Market: Key Trends
Besides being used in bariatric procedures, surgical stapling devices are also used in cardiothoracic, orthopedic, and skin grafting procedures. The high incidences for these types of surgeries is expected augment the demand for various types of surgical stapling devices in the near future. The unfortunate rise in the number of emergency cases has also led to skyrocketing demand for powered surgical staplers.
Analysts expect that the demand for disposable staples will continue to be high in the coming years as they eliminate the possibility of cross-infection that can be caused by medical devices. The demand for disposable staples will also rise as they can be safely used in case of patients who suffer from allergies to nickel or other metals.
Global Surgical Stapling Devices Market: Market Potential
Product innovation is expected to be the key strategies of the companies operating in the global surgical stapling devices market. Furthermore, a supportive stance of the U.S. Food and Drug Administration in granting approvals to these staples is also expected to play a key role in availability of the newer medical devices in the market. For instance, ECHELON CIRCULAR™ Powered Stapler got the 510(k) clearance from the U.S. FDA. This stapler has been developed to cut down the incidences of anastomotic complications that can occur during gastric, colorectal, and thoracic cancer surgeries. The new technology is aimed at reducing leakages by 61% s without compromising the perfusion. Such innovations and product enhancements are expected to give the patients a better quality of life.
Global Surgical Stapling Devices Market: Regional Outlook
From a geographic point of view, the global surgical stapling devices market is segmented into the Americas, Europe, the Middle East and Africa, and Asia Pacific. Of these, the Americas is expected to lead the global market in the coming years with the highest CAGR. The high prevalence of gastrointestinal disorders and growing incidences of chronic conditions amongst people such as rectal cancer, colon cancer, and other wide range of severe abdominal diseases are expected to propel the uptake of surgical stapling devices in the region.
Analysts expect Asia Pacific surgical stapling devices market to make a significant contribution to the soaring revenue of the global market. The emerging medical tourism industry in the region along with vast unmet medical needs are expected to be the key factors likely to bolster the growth of this regional market.
Key Players Mentioned in this Report are:
Some of the leading players operating in the global surgical stapling devices market are Intuitive Surgical, Inc., Covidien (Medtronic plc), Ethicon Endo-Surgery, Inc., United States Surgical Corp, Cardica, Inc., Zimmer Biomet, Smith & Nephew plc, Stryker Corporation, Conmed Corporation, and CareFusion Corporation.
The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.
TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
The reports offer answers to the top 7 questions that revolve around the growth of the market
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report