Market Overview:
Surgical stapler market has been growing steadily ever since the technique was enhanced to be efficiently used in the surgical scenario in the 1970s. stainless steel staples are used due to their various advantages that include quick procedure, strong wound closure and minimal tissue reaction. Various surgical procedures such as gastrointestinal, thoracic, gynecologic as well as bariatric surgeries for weight loss have made good utilization of surgical staplers.
Surgical staplers market has witnessed increased interest due to the increasing demand made on surgeons. Most often surgeons are pressed for time which leads to physician burnout. Stapling can usually be performed quicker than suturing and is a preferred means of wound closure when it comes to mass casualties where trauma care must be immediate and effective. Surgical staples are preferred by first responders in cases of emergencies as wound closure to stop the bleeding is crucial in such cases. Data collected in the U.S. estimates that nearly 60,000 Americans die from blood loss and physical trauma leads to as many as 1.5 million deaths due to hemorrhage.
Increasing demand for weight loss surgeries has also added a potential boost to the surgical staples 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.
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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.
Competitive Scenario:
Some of the participants in the surgical stapler market include Purple Surgical Inc., Smith and Nephew Plc, Ethicon US, LLC, Medtronic, CONMED Corporation, Reach Surgical, Frankenman International Limited, Stryker, B. Braun Melsungen AG, Grena Ltd, Touchstone International Medical Science Co. Ltd, Cardica Inc. and Zimmer Biomet.
Segmentation:
Surgical stapler market is segmented on the basis of type, application, product and end-users.
By type, surgical stapler market is subdivided in to disposable and reusable surgical staplers.
By application surgical stapler market is segmented into general surgery, abdominal and pelvic surgery, orthopedic surgery, cardiac and thoracic surgery and others.
By product, the surgical stapler market is segmented into powered surgical staplers and manual surgical staplers.
By end-users the market is divided into hospitals, clinics and ambulatory surgical centers.
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.
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