Market Highlights
Increasing demand for weight loss surgeries has also added a potential boost to the Surgical Staplers Device Market. Stomach stapling or bariatric surgery is one of the most common types of surgeries for controlling obesity. Gastric stapling surgery is a means of dealing with morbid obesity or to help in weight loss for people who are affected with diabetes, sleep apnea and cardiovascular problems. Diets and exercise are not found to be very effective in people with a BMI of more than 40 and bariatric surgery, which drastically reduces the size of a person’s stomach has been found to be one of the most viable and affordable options.
Some of the factors can deter surgical staples market growth include high cost of the procedure as well as lack of awareness. In some cases, staplers had been known to have become embedded in the skin, thus making removal difficult. Recently ripples were caused in the surgical stapler market by the news that Johnson’s and Johnson’s subsidiary Ethicon recalled its 60mm staplers in various European countries due to reports of injuries caused by malformed staples. However, regulatory bodies like the FDA are initiating awareness drives for the correct and safe use of surgical staples which is expected to keep such mishaps at bay in the future.
Key Players
Some of the key players in the global surgical stapler market are Ethicon. US, LLC., Cardica Inc, Smith and Nephew Plc, CONMED Corporation, Purple Surgical Inc., Welfare Medical Ltd, Reach Surgical, Grena Ltd, B.Braun Melsungen AG, Frankenman International Limited, Zimmer Biomet, Stryker, Meril Life Sciences Pvt. Ltd., Touchstone International Medical Science Co. Ltd, Medtronic.
Regional Analysis:
When the market is analyzed region-wise, North America, with its growing geriatric population and increasing number of surgical procedures that involve surgical stapling is expected to lead the surgical stapler market share. Considering the fact that obesity is rampant in the U.S. with a 2015-2016 study by National Center for Health showing that 39.8% of adult males in the country were obese, bariatric surgery is very common in the country, driving the surgical stapler market.
Europe together with North America is expected to account for 70% of the surgical stapler market during the forecast period. Adoption of advanced surgical techniques will fuel surgical stapler market trends in the region.
Asia-Pacific is expected to emerge as the region with the fastest growing share in the surgical stapler market owing to increased expenditure in healthcare, rising awareness and increasing prevalence of cardiac diseases.
Market Segmentation:
The global surgical stapler market is segmented into types, product, application, and end-users. Based on types the surgical stapler market is segmented into disposable surgical staplers and reusable surgical staplers. On the basis of product, the market is segmented into manual surgical staplers and powered surgical staplers. Based on application, the surgical stapler market is segmented into abdominal and pelvic surgery, general surgery, cardiac and thoracic surgery, orthopedic surgery, and other surgical applications. Based on end-user the market is segmented into hospitals, ambulatory surgical centers (ASCs), and clinics.
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