Global Surgical Stapling Devices Market Growth Drivers 2024, Forecast To 2033
8 Mar, 2024
Rapid expansion characterizes the surgical stapling devices market, forecasted to increase from $3.87 billion in 2023 to $4.27 billion in 2024, achieving a CAGR of 10.4%. This growth is attributed to minimally invasive surgery adoption and an aging population. Anticipated growth to $6.06 billion by 2028, with a CAGR of 9.1%, is driven by emerging markets and a surge in robotic-assisted surgeries, with trends including technological innovations and telemedicine integration.
Global Surgical Stapling Devices Market Key Driver
The surgical stapling devices market is experiencing growth due to the rise in gastrointestinal surgery procedures. These devices aid surgeons in various procedures by providing effective tissue apposition without significant tissue damage. The increasing number of liver transplants and other gastrointestinal surgeries further contributes to market expansion.
Get A Free Sample Of The Global Surgical Stapling Devices Market ReportGlobal Surgical Stapling Devices Market Segments
The surgical stapling devices market covered in this report is segmented –
1) Product:Powered, Manual
2) Surgery Type:Open Surgery, Laparoscopic Surgery
3) Application:Gynecology Surgery, Urology Surgery, General Surgery, Other Applications
4) End-User:Hospitals, Ambulatory Surgical Centers, Other End -Users
By Geography: The countries covered in the surgical stapling devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the surgical stapling devices market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical stapling devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Surgical Stapling Devices Industry Players
3M Company; Medtronic PLC; Johnson & Johnson MedTech; Becton, Dickinson and Company; Stryker Corporation; B. Braun SE; Zimmer Biomet Holdings Inc.; Intuitive Surgical Inc.; Smith & Nephew PLC; Teleflex Incorporated; CONMED Corporation; Meril Life Sciences India Pvt. Ltd.; Blue Sail Medical Co Ltd.; Surgical Specialties Corporation; Ackermann Instrumente GmbH; Frankenman International Ltd.; Touchstone International Medical Science Co. Ltd.; Genesis Medtech Group.; Jiangsu Qianjing Medical Equipment Co. Ltd.; Purple Surgical Holdings Limited; Surgical Innovations Group; BioPro Inc.; Changzhou Ankang Medical Instruments Co. Ltd.; Dextera Surgical Inc.; Cardica Inc.; Grena Ltd.; Welfare Medical Ltd.; Lexington Medical Inc.; Advin Healthcare Private Limited (AHPL); Victor Medical Instruments Co. Ltd.
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Surgical Stapling Devices Market Overview
Surgical stapling devices refer to medical devices used for internal surgical operations such as removing a portion of an organ and tissues and creating connections between sutures. It can repair serious wounds or cuts faster and are less uncomfortable for patients than stitches. They are frequently employed in minimally invasive surgery.