According to a report, “Surgical Stapling Devices Market Size, Share & Trends Analysis Report By End Use (Hospitals, Ambulatory Centers), By Product (Powered, Manual), By Type (Reusable, Disposable), And Segment Forecasts, 2019 – 2026”, published by Grand View Research, Inc.,The global surgical stapling devices market size is anticipated to reach USD 8.02 billion by 2026, progressing at a CAGR of 8.23% during the forecast period. Application of surgical staplers has gradually evolved from invasive surgeries to minimally invasive surgeries. With introduction of advanced surgical staplers, difficulties associated with the use of conventional staplers have been addressed.
Key Takeaways from the report:
Manual surgical stapling devices dominated the market in terms of revenue in 2018. However, powered devices are projected to witness strong growth during the forecast period
An alarming number of emergency cases can lead to surgical fatigue, thereby, reducing productivity. Powered stapling devices allow surgeons to perform more number of surgeries in emergency wards
There is an increasing demand for disposable devices due to heightened concerns for communicable infections. Owing to which, disposable staplers are likely to dominate the market through 2025
Disposable staples are made of plastic, whereas reusable staples are made of stainless steel. Both disposable and reusable staples have disposable cartridges and although reusable, staplers generate lesser surgical waste
North America dominated the overall market in terms of revenue in 2018. The growth of the region can be attributed to surging bariatric surgeries, introduction of powered staples, and soaring need for tissue and wound management
Key industry contributors include Covidien plc; Ethicon Endo-Surgery, Inc.; Intuitive Surgical, Inc.; United States Surgical Corp; Cardica, Inc.; Zimmer Holdings, Inc.; Stryker Corporation; Smith & Nephew plc; Conmed Corporation; and CareFusion Corporation
In November 2018, Ethicon launched ECHELON FLEX GST System for exceptional staple line integrity across wide range of tissue thickness under its Bariatric Revision Surgical Solutions.
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Obesity is increasing among adults as well as adolescents below 18 years of age due to sedentary lifestyles and unhealthy diet patterns in this age group. In case of eating habits, people are more inclined towards fast food rather than healthy food. Growing busy schedule and increasing stress are both causing people to consume packed and processed food.
Severe cases of obesity cause other conditions, such as diabetes and cardiovascular conditions, resulting in many opting for bariatric surgery. According to the Canadian Institute for Health Information (CIHI) 2014 data, the number of bariatric surgeries has drastically increased from 1,600 in 2006-2007 to 6,000 in 2012-2013. This indicates high demand for these surgeries owing to increasing awareness about surgical options for weight loss.
Grand View Research has segmented the global surgical stapling devices market based on product, type, end use, and region:
Surgical Stapling Devices Product Outlook (Revenue, USD Million, 2015 – 2026)
Powered Surgical Stapling Device
Manual Surgical Stapling Device
Surgical Stapling Devices Type Outlook (Revenue, USD Million, 2015 – 2026)
Disposable Surgical Stapling Device
Reusable Surgical Stapling Device
Surgical Stapling Devices End-Use Outlook (Revenue, USD Million, 2015 – 2026)
Hospitals
Ambulatory Centers
Surgical Stapling Devices Regional Outlook (Revenue, USD Million, 2015 – 2026)
North America
U.S.
Canada
Europe
France
Germany
U.K.
Spain
Italy
Netherlands
Switzerland
Belgium
Asia Pacific
Japan
China
India
Australia
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Turkey
Saudi Arabia
Israel
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About Grad View Research, Inc.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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