April 6, 2021 05:00 ET | Source: Global Market Insights, Inc. Global Markets Insights, Inc.

Selbyville, Delaware, April 6, 2021 (Global News Agency) -

According to the latest report, "By product (linear stapler, circular stapler, skin stapler, endoscopic stapler), technology (manual, electric), usability (reusable, disposable), surgery (gynecological surgery, heart Surgery, Bariatric Surgery, Colorectal Surgery), Regional Outlook, Price Trends, Competitive Market Share and Forecast for 2027", released by Global Market Insights Inc., by 2027, the market value of surgical staplers will exceed 7.5 billion U.S. dollars.

Increasing cases of bowel cancer, the need for rapid recovery surgical techniques, and the increase in obese people in developed countries are some of the factors that support market growth. The surge in the manufacture of surgical staplers with improved functions will lead to increased product demand, thereby driving market expansion. In addition, the demand for selective caesarean sections, especially in developed economies, will in turn lead to the adoption of surgical staplers in gynecological operations.

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In the past few decades, surgical staplers have made great progress. With the increase in the number of operations worldwide, surgical staplers have become a potential substitute for sutures in various operations. Surgical staplers have made great progress in the design, operation, mechanical performance and efficiency used more than ten years ago. Recently, an article by the US FDA on the safety of surgical staplers stated that continuous innovation has improved the safety of staplers, especially for internal and surgical staplers used for cross-cutting, resection and anastomosis. In addition, the emergence of disposable surgical staplers, electric staplers, and the use of software in the staplers further affect their acceptance in the market.

In 2020, the linear stapler segment in the surgical stapler market will exceed 1.2 billion U.S. dollars. Compared with other suture types, the linear suture technique is more popular in laparoscopic total gastrectomy because it can easily enter the abdominal cavity through a trocar and has a better view. The linear stapler has a simple design and is convenient for surgeons to use. In addition, these staplers reduce postoperative complications such as bleeding and other infections.

Due to the substantial increase in the number of operations, it is expected that by 2027, the surgical stapler market in the power segment will show an 8.5% growth rate. As the number of patients in hospitals increases, electric staplers can help doctors solve the problem of fatigue. Some of the main advantages provided by a powered stapler include its ability to close the wound without manual force and less leakage.

It is estimated that by 2027, the compound annual growth rate of the disposable category in the surgical stapler market will reach 8.4%. The disposable stapler is made of medical grade plastic. The main factors responsible for the growth of this segment include increased time efficiency due to the pre-sterilization of equipment and the reduced risk of post-operative surgical site infection (SSI). In addition, the ability of disposable staplers to eliminate concerns related to infectious diseases will lead to increased product demand.

Due to the increasing prevalence of obesity and other obesity-related comorbidities, the market for surgical staplers for bariatric surgery will exceed $1.18 billion in 2020. According to data from the American Society of Metabolic and Bariatric Surgery (ASMBS), the total number of recorded bariatric surgeries increased from 252,000 in 2018 to 256,000 in 2019.

China dominates the Asia-Pacific surgical stapler market, valued at more than US$241 million in 2020. The number of gynecological operations performed annually in the country is increasing. According to data released by the Department of Gynecology, West China Second Hospital of Sichuan University, the total number of operations in 2019 increased by 16.2% compared with 2018. In the use of cutting-edge products, advanced research and other fields. In addition, the country is also on the list of higher caesarean section rates worldwide. All these factors, coupled with the increase in the prevalence of cardiovascular disease and the increase in the volume of bariatric surgery, will contribute to the market value.

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Medtronic, B. Braun Melsungen AG, Ethicon, 3M, Purple Surgical, Meril Life Sciences Pvt Ltd. and Intuitive Surgical Inc. are among the major companies operating in the market. Obtaining regulatory approval and launching new products is one of the key strategies followed by market participants.

Report Catalog (ToC):

Chapter 3 Market Insights of Surgical Stapler

3.2 Industry structure, 2016-2027 (US$ million)

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