Global Surgical Stapling Market Research Report
The report covers Surgical Stapling Market in Global, Global Surgical Stapling Market Business Strategy, Surgical Stapling Market by ken research...
By: Ken Research
According to study, "Global Surgical Stapling Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts: 2018-2024" some of the major companies that are currently working in the global surgical stapling market are Ethicon Endo-Surgery, Medtronic Plc, B. Braun Melsungen AG, Atricure Inc., Abbott Vascular Inc., Medline, Hangzhou Tianren Bio-Technology, Golden Stapler Surgical, Dextera Surgical Inc., Frankenman International Ltd., Meril Life Sciences Pvt Ltd., Atrium Medical Corp., Reach Surgical, Lepu Medical Technology Co. Ltd., Waston Medical, Berlin Heart GmbH, Cook Medical Inc., Surgical Holdings, Welfare Medical, Novo Precision, Becton, Dickinson and Company, Infiniti Medical, Smith & Nephew, CONMED Corporation, Changzhou Haida Medical Equipment, CryoLife Inc., JUDE Medical Inc., Johnson and Johnson, Kalteq Group, DACH Medical, Meril Life Sciences Pvt. Ltd, Avental, Grena Ltd, 3M Company, Lotus Surgical, Stryker Corp, Frankenman International, Purple Surgical UK Ltd.
Based on type, global surgical stapling market is breakdown into reusable surgical staplers and disposable surgical staplers. Based on product, market is segmented into powered surgical staplers and manual surgical staplers. Powered surgical stapler needs shorter operating room time, provides lower rate of bleeding complications, and decrease overall hospital costs in compare to manual staplers. Owing to the rising need for wound management and the improved features demand for powered surgical stapling is extended. Based on type of stapling, market is segmented into curved stapling, straight stapling and circular stapling. Based on the surgical indication, market is defined as blood vessels, lung, a hernia, digestive tract, skin and others. Based on the end-user's market is segmented into ambulatory surgical centers (ASCs) & clinics and hospitals.
The global surgical stapling market is driven by increase in preference for the minimally invasive surgeries (MIS), followed by the growing number of surgeries, growing healthcare expenditure across the globe, rising geriatric population, increasing adoption of staplers over traditional sutures and increasing medical tourism. However, high price of medical device, intense competition among vendors, and availability of alternate technologies like sutures, clips, sealants, adhesives etc., may hamper the growth of market. Furthermore, technological advancements such as high demand for disposable surgical staplers and rising medical tourism in emerging countries are some key trends for market.
The North American region surgical staplers market accounted for the major of the market share due to rise in demand of advanced medical technology and the cumulative geriatric population in the U.S. Additionally, demand for the market is likely to upsurge as a result of growth in introduction of powered staples, bariatric surgeries, and the upward need for tissue & wound management over the forecast period.
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Ankur Gupta, Head Marketing & Communications