Surgical Stapling Devices Market Will Expand at 8.10% CAGR to Hit 4700 Million US$ by 2025: QY Research, Inc.
Los Angeles, CA -- (SBWire) -- 05/02/2019 --Surgical Stapling Device is medical device which is used to place surgical staples. Surgical staples are specialized staples used in surgery in place of sutures to close skin wounds, connect or remove parts of the bowels or lungs.
The global average price of Surgical Stapling Devices is in the decreasing trend, from 112.8 USD/Unit in 2011 to 110.3 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Surgical Stapling Devices includes General Surgical Staplers and Minimally Invasive Surgical Staplers. The proportion of General Surgical Staplers in 2015 is about 74.4%, and the proportion of Minimally Invasive Surgical Staplers in 2015 is about 25.6%.
Surgical Stapling Devices is widely used in gastrointestinal surgery, gynecologic surgery, thoracic surgery and others. The most proportion of Surgical Stapling Devices is used in gastrointestinal surgery, and the market share in 2015 is about 37%.
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North America region is the largest supplier of Surgical Stapling Devices, with a production market share nearly 53.8% in 2015. Europe is the second largest supplier of Surgical Stapling Devices, enjoying production market share about 35.4% in 2015.
North America is the largest consumption place, with a consumption market share nearly 39.1% in 2015. Following North America, Europe is the second largest consumption place with the consumption market share of 31.4%.
Market competition is intense between the giant. J&J (Ethicon), Medtronic, etc. Are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
With the developing of medical technology level, more people will use minimally invasive surgery and will use more Surgical Stapling Devices in the surgery. So in the future, the demand of Surgical Stapling Devices will be larger.
The global Surgical Stapling Devices market was 2520 million US$ in 2018 and is expected to 4700 million US$ by the end of 2025, growing at a CAGR of 8.1% between 2019 and 2025.
This report studies the Surgical Stapling Devices market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Surgical Stapling Devices in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
J&J (Ethicon)
Medtronic
B.Braun
BD
Conmed
Grena
Frankenman
Purple surgical
Kangdi
Reach
Dextera Surgical
Medizintechnik
By the product type, the market is primarily split into
Straight Surgical Stapling Devices
Curved Surgical Stapling Devices
Circular Surgical Stapling Devices
Others
By the end users/application, this report covers the following segments
Gastrointestinal Surgery
Gynecologic Surgery
Thoracic Surgery
Others
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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