The rising prevalence of chronic diseases is expected to contribute positively to the market, says Fortune Business Insights in a report, titled “Surgical Stapling Devices Market Size, Share & Industry Analysis, By Product Type (Powered, Manual), By Type (Disposable, Re-usable), By Application (Gynaecology Surgery, Urology Surgery, General Surgery, Others), By Surgery Type (Open Surgery, Laparoscopic Surgery), By End-user (Hospitals, Speciality Clinics, Others) and Regional Forecast, 2019-2026.” The surgical stapling devices market size was valued at USD 2.16 Billion in 2018 is expected to reach USD 3.81 Billion by 2026, exhibiting a CAGR of 7.4% between 2019-2026.
The report provides market analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
Key Features of Surgical Stapling Devices Market Report:
- Overview, Industry Life Cycle Analysis, Supply Chain Analysis
- Size, Trends, Growth Drivers, Constraints, SWOT Analysis, Forecast Analysis
- Competitive Landscapes: Market Share, Product Portfolio, New Product Launches, etc.
- Market attractiveness and Associated Growth Opportunities
- Strategic Growth Opportunities for the Existing and New Players
- Key Success Factors
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Disposable Stapling Devices Segment to Hold Maximum Share
On the basis of type, the surgical stapling devices is segmented into disposable and re-usable. Disposable surgical stapling devices is expected to account for maximum shares in the market during the forecast period owing to the increasing demand for disposable staplers among healthcare professionals for wound and incision closure.
The increasing awareness regarding the benefits of disposable staplers such as decreased risk of infection and larger product offerings will further boost the growth of the segment in the near future. The disposable surgical stapling devices are expected to witness high demand in the developed countries of Europe and North America owing to the increasing awareness of hospital-acquired infections.
The reusable surgical stapling devices segment is expected to grow at a lower CAGR compared to the disposable staplers due to higher risk of infection and lower adoption rate in established markets. The segment is expected to hold a larger share in emerging nations compared to the developed countries owing to the cost-effectiveness of the product.
Key Companies and Manufacturers Covered:
- Medtronic
- Johnson and Johnson Services, Inc.
- 3M
- Smith & Nephew
- Braun Melsungen AG
- Purple Surgical
- Intuitive Surgical
- AesDex, LLC
- Becton, Dickinson and Company
- Conmed Corporation
As per the report, the increasing number of surgical procedures and types of incisions performed will benefit the market during the forecast period. According to the data published by OECD, estimated 200,000 cesarean section procedures were carried out in the year 2017 in UK. Furthermore, the increasing number of bariatric surgeries is expected to propel the growth of the market. In addition, the rising adoption of surgical staplers owing to the advantages the surgical staples offer compared with the traditional suturing and stitching methods will create growth opportunities for the market.
The report offers a detailed summary of the market by shedding light on some of the important aspects which involves growth prospects, market trends, obstacles, and restraints. It offers informative data on key players present in the market. industry developments and analyses of these companies are covered in the report, aiding the stakeholders to make strategic judgements and thus invest in the market.
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Detailed Table of Content:
Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
- Key Insights
4.1 Epidemiology Overview: Prevalence of Key Diseases/ Key Region, 2018
4.2 Comparison Overview: Linear vs. Circular Staplers
4.3 Number of Surgeries Performed (Key Surgeries), By Region, 2018
4.4 Technology Advances, Surgical Stapling Devices
4.5 Key Mergers, Acquisitions and Partnerships
4.6 New Product Introductions, Approvals, etc.
4.7 Overview: Absorbable vs. Non-absorbable Staples
- Global Surgical Stapling Devices Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product Type
5.2.1 Powered
5.2.2 Manual
5.3. Market Analysis, Insights and Forecast – By Type
5.3.1 Disposable
5.3.2 Re-usable
5.4 Market Analysis, Insights and Forecast – By Application
5.4.1 Gynecology Surgeries
5.4.2 Urology Surgeries
5.4.3 General Surgeries
5.4.4 Others
5.5. Market Analysis, Insights and Forecast – By End User
5.5.1 Hospitals
5.5.2 Specialty Clinics
5.5.3 Others
5.6. Market Analysis, Insights and Forecast – By Surgery Type
5.6.1 Open Surgery
5.6.2 Laparoscopic Surgery
5.7. Market Analysis, Insights and Forecast – By Region
5.7.1 North America
5.7.2 Europe
5.7.3 Asia Pacific
5.7.4 Latin America
5.7.5 Middle East & Africa
- North America Surgical Stapling Devices Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Product Type
6.2.1 Powered
6.2.2 Manual
6.3. Market Analysis, Insights and Forecast – By Type
6.3.1 Disposable
6.3.2 Re-usable
6.4. Market Analysis, Insights and Forecast – By Application
6.4.1 Gynecology Surgeries
6.4.2 Urology Surgeries
6.4.3 General Surgeries
6.4.4 Others
6.5. Market Analysis, Insights and Forecast – By End User
6.5.1 Hospitals
6.5.2 Specialty Clinics
6.5.3 Others
6.6. Market Analysis, Insights and Forecast – By Surgery Type
6.6.1 Open Surgery
6.6.2 Laparoscopic Surgery
6.7. Market Analysis, Insights and Forecast – By Country
6.7.1 U.S.
6.7.2 Canada
- Europe Surgical Stapling Devices Market Analysis, Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Product Type
7.2.1 Powered
7.2.2 Manual
7.3. Market Analysis, Insights and Forecast – By Type
7.3.1 Disposable
7.3.2 Re-usable
7.4. Market Analysis, Insights and Forecast – By Application
7.4.1 Gynecology Surgeries
7.4.2 Urology Surgeries
7.4.3 General Surgeries
7.4.4 Others
7.5. Market Analysis, Insights and Forecast – By End User
7.5.1 Hospitals
7.5.2 Specialty Clinics
7.5.3 Others
7.6. Market Analysis, Insights and Forecast – By Surgery Type
7.6.1 Open Surgery
7.6.2 Laparoscopic Surgery
7.7. Market Analysis, Insights and Forecast – By Country/ Sub-region
7.7.1 U.K.
7.7.2 Germany
7.7.3 France
7.7.4 Spain
7.7.5 Italy
7.7.6 Scandinavia
7.7.7 Rest of Europe
Reasons to Purchase this Report:
- Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players.
- Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion.
- Market dynamics and opportunities for growth for players in the near future.
- Competitive landscape describing the market revenue shares of key players.
- Market segmentation analysis that deals with quantitative and qualitative research, discussing the influence of policy-based and economical aspects.
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