The newly released research at Market Study Report titled “2018-2024 Global Surgical Staplers Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
Selbyville, DE -- (SBWIRE) -- 11/28/2018 -- U.S. surgical stapler market valued at USD 1,439.4 million in 2017. Presence of favorable reimbursement policies, insurance coverage and rising number of surgical procedure in the country will be responsible for North American surgical stapler industry growth. Global Surgical Stapler Market will exceed USD 6.1 billion by 2024; as per a new research report.
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Increase in adoption of surgical stapler over suture in the developing regions of Asia Pacific and Latin America will augment the industry growth in the near future. The growing adoption rate of staplers has increased the efficiency of surgical procedures that were difficult to conduct due to limited access of traditional methods.
Cardiac surgery business segment held a considerate amount of market share with USD 827.4 million in 2017. Rising prevalence of chronic diseases such as cardiovascular diseases will result in increase in number of cardiac surgical procedures. Increase in use of surgical stapler in cardiac surgeries will propel the business growth in the upcoming years.
Technological advancements in manufacturing safe and effective surgical stapler will propel the business growth in the forecast timeframe. The combination of new functions and new abilities have led to increase in advancements and effectiveness of the wound closure procedure that in turn will efficiently drive the market growth.
Endoscopic surgical stapler is anticipated to grow at a CAGR of 7.5% during the forecast period. Rise in demand for minimally invasive surgeries such as endoscopic procedures will eventually result in increasing demand for endoscopic stapler, fueling the business growth.
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Disposable surgical stapler business is forecast to expand in size with a CAGR of 7.3% during the projection period. Rise in number of complicated surgical procedures that need use of sterile surgical instruments will increase the demand for disposable stapler. Also, use of disposable stapler to minimize bleeding and infections will result in industry expansion.
Indian surgical stapler market should grow with a CAGR of 9.8% over the forecast period. Rise in number of chronic surgical procedure, rising geriatric population and improving healthcare infrastructure in the country will lead to increase in product demand, boosting the business progression in Asia Pacific region.
Some of the notable industry players are 3M, B. Braun Melsungen AG, Conmed Corporation, Ethicon Inc., Frankenman International, Grena, Integra Life Sciences, Intuitive Surgical, Medtronic PLC, Meril Life Sciences, Purple Surgical, Reach Surgical, Smith & Nephew PLC and Welfare Medical. The major players are focusing on expanding their product portfolio by increasing research and development activities, mergers, acquisitions and new product launches.
Table of Content:
Chapter 1. Surgical Staplers Market Methodology and Scope
Chapter 2. Surgical Staplers Market Executive Summary
Chapter 3. Precision Medicine Industry Insights
Chapter 4. Surgical Staplers Market, By Product
Chapter 5. Surgical Staplers Market, By Technology
Chapter 6. Surgical Staplers Market, By Usability
Chapter 7. Surgical Staplers Market, By Surgery
Chapter 8. Surgical Staplers Market, By Region
Chapter 9. Surgical Staplers Market Company Profiles
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Related Report:
United States Surgical Staplers Market Research Report Forecast 2017-2021
The United States Surgical Staplers Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Surgical Staplers industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Surgical Staplers market study provides comprehensive data which enhances the understanding, scope and application of this report.
https://www.marketstudyreport.com/reports/united-states-surgical-staplers-market-research-report-forecast-2017-2021?utm_source=RR-SP
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