Global Surgical Stapling Devices Market Size, Trends & Growth Opportunity, By Product (Powered, Manual), By Type (Disposable, Reusable), By End-use (Hospitals, Ambulatory Surgical Centers) By Region and Forecast till 2027.
Global Surgical Stapling Devices Market
The Global Surgical Stapling Devices Market was valued at USD 5.30 billion in 2021 which is expected to reach USD 9.89 billion by 2027 at a 10.96% CAGR from 2022-2027.
Surgical staplers are specialized staplers that are used in surgery to join, close, and remove organs like the lungs or bowels. As opposed to manual sutures, staplers are more expedient, reliable, simple to use, and accurate. Contemporary surgical staplers are constructed of stainless steel or plastic.
Market Drivers
Increase in Surgical Operations
One of the key reasons propelling the expansion of the surgical stapler market is the spike in the target patient population and the accompanying increase in the number of surgical procedures.
Market Restraints
On the other hand, it is anticipated that the devices' high cost and the availability of substitute wound care methods will restrain market expansion. Over the projected period, challenges related to the use of surgical staplers and a shortage of well-qualified experts are also anticipated to provide restrain the market for surgical staplers.
Impact of COVID-19
Due to the decrease in elective procedures, COVID-19 had a detrimental effect on the market for surgical staplers. During the pandemic, O&P clinics were briefly shuttered and hospital access was limited to non-essential care. The market was significantly impacted by the establishment of social exclusion, population control, and restricted access to clinics. The drop in job injuries and trauma, as well as the slowdown in patient flow and referrals, influenced the market's expansion. Yet, due to the lifting of restrictions that had previously been placed, the market will resume its growth in the post-pandemic period.
Market Segmentation
The global surgical stapling devices market is segmented into product, type, distribution channel, and growing system. By products such as power, and manual. By type such as disposable, and reusable. By end-use such as hospitals, and ambulatory surgical centers.
Regional Analysis
The global surgical stapling devices market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
During the forecast period, the surgical stapling devices market in North America is expected to grow at the fastest CAGR. Due to the increased usage of non-invasive techniques and cutting-edge technologies in the region's growing number of procedures, North America held the greatest market share.
Additional factors for the large market share include the greatest obesity rate in the area, the local presence of international companies, and FDA approval for minimally invasive procedures. Laparoscopic and thoracoscopic operations, which use surgical stapling, require specialized devices due to recent advancements in minimally invasive surgery. The surgeons now must gain the necessary understanding of stapling devices.
Key Players
Various key players are listed in this report such as HAAG-STREIT GROUP, Olympus Corp, Leica Microsystems, B. Braun Melsungen Inc, Accurate Surgical & Scientific Instruments Corp, Surtex Instruments Ltd, Scanlan International, Carl Zeiss AG, KLS Martin Group, Topcon Corp, and Others.
Market Taxonomy
By Product
• Powered
• Manual
By Type
• Disposable
• Reusable
By End-use
• Hospitals
• Ambulatory Surgical Centers
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Surgical Stapling Devices Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Surgical Stapling Devices Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Surgical Stapling Devices Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Surgical Stapling Devices Market Share Analysis, By Product
5.3 Global Surgical Stapling Devices Market Size and Forecast, By Product
5.3.1 Powered
5.3.2 Manual
6 Global Surgical Stapling Devices Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Surgical Stapling Devices Market Share Analysis, By Type
6.3 Global Surgical Stapling Devices Market Size and Forecast, By Type
6.3.1 Disposable
6.3.2 Reusable
7 Global Surgical Stapling Devices Market, By End-use
7.1 Y-o-Y Growth Comparison, By End-use
7.2 Global Surgical Stapling Devices Market Share Analysis, By End-use
7.3 Global Surgical Stapling Devices Market Size and Forecast, By End-use
7.3.1 Hospitals
7.3.2 Ambulatory Surgical Centers
8 Global Surgical Stapling Devices Market, By Region
8.1 Global Surgical Stapling Devices Market Share Analysis, By Region
8.2 Global Surgical Stapling Devices Market Share Analysis, By Region
8.3 Global Surgical Stapling Devices Market Size and Forecast, By Region
9 North America Surgical Stapling Devices Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Surgical Stapling Devices Market Share Analysis, By Product
9.3 North America Surgical Stapling Devices Market Size and Forecast, By Type
9.4 North America Surgical Stapling Devices Market Size and Forecast, By End-use
9.6 North America Surgical Stapling Devices Market Size and Forecast, By Country
9.7.1 U.S.
9.7.2 Canada
9.7.3 Mexico
10 Europe Surgical Stapling Devices Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Surgical Stapling Devices Market Share Analysis, By Product
10.3 Europe Surgical Stapling Devices Market Size and Forecast, By Type
10.4 Europe Surgical Stapling Devices Market Size and Forecast, By End-use
10.6 Europe Surgical Stapling Devices Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4. Rest of Europe
11 Asia Pacific Surgical Stapling Devices Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Surgical Stapling Devices Market Share Analysis, By Product
11.3 Asia Pacific Surgical Stapling Devices Market Size and Forecast, By Type
11.4 Asia Pacific Surgical Stapling Devices Market Size and Forecast, By End-use
11.6 Asia Pacific Surgical Stapling Devices Market Size and Forecast, By Country
11.6.1 China
11.7.2 Japan
11.8.3 India
11.8.4. Rest of Asia Pacific
12 Latin America Surgical Stapling Devices Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Surgical Stapling Devices Market Share Analysis, By Product
12.3 Latin America Surgical Stapling Devices Market Size and Forecast, By Type
12.4 Latin America Surgical Stapling Devices Market Size and Forecast, By End-use
12.6 Latin America Surgical Stapling Devices Market Size and Forecast, Country
12.7.1. Brazil
12.8.2. Rest of Latin America
13 Middle East Surgical Stapling Devices Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Surgical Stapling Devices Market Share Analysis, By Product
13.3 Middle East Surgical Stapling Devices Market Size and Forecast, By Type
13.4 Middle East Surgical Stapling Devices Market Size and Forecast, By End-use
13.6 Middle East Surgical Stapling Devices Market Size and Forecast, By Country
13.7.1. Saudi Arabia
13.8.2. UAE
13.8.3. Egypt
13.9.4. Kuwait
13.10.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 HAAG-STREIT GROUP
15.1.1 Overview
15.1.2 Products
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Olympus Corp
15.2.1 Overview
15.2.2 Products
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Leica Microsystems
15.3.1 Overview
15.3.2 Products
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 B. Braun Melsungen Inc
15.4.1 Overview
15.4.2 Products
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Accurate Surgical & Scientific Instruments Corp
15.5.1 Overview
15.5.2 Products
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Surtex Instruments Ltd
15.6.1 Overview
15.6.2 Products
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Scanlan International
15.7.1 Overview
15.7.2 Products
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Carl Zeiss AG
15.8.1 Overview
15.8.2 Products
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
16.9 KLS Martin Group
16.9.1 Overview
16.9.2 Products
16.9.3 Key Financials
16.9.4 Business Segment & Geographic O