The global surgical staplers market is expected to reach USD 4.78 Billion by 2022 from USD 3.38 Billion in 2017, at a CAGR of 7.2 %.
Download FREE Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=79557149
The surgical staplers market is duopolistic in nature, with two major players Ethicon Inc. (U.S.) and Medtronic plc (Ireland). Apart from these other prominent players of the market includes CONMED Corporation (U.S.), Smith & Nephew (U.K.), Purple Surgical Inc. (U.K.), Intuitive Surgical Inc. (U.S.), Welfare Medical Ltd. (U.K.), Reach surgical Inc. (China), Meril Life Science Pvt. Ltd. (India), Grena Ltd. (U.K.), B. Braun Melsungen AG (Germany), Dextera Surgical Inc. (U.S.), Frankenman International (China), and Becton, Dickinson and Company (U.S.).
A number of factors such as increasing number of surgical procedures across the globe, growing preference for minimally invasive surgeries, technological advancements, and increasing preference for surgical staplers over sutures are expected to drive the growth of the market. On the other hand, high cost of devices and availability of alternative wound care techniques may hinder the growth of the market in the coming years.
This report segments the Surgical Staplers Market into product, type, application, end user, and regions.
The market is dominated by North America, followed by Europe. North America dominated the market in 2017 and Asia-Pacific is poised to register the highest CAGR during the forecast period. The dominance of North America is attributed to factors such as the growing geriatric population, increasing incidence of diseases (leading to an increase in the number of surgeries for corrective and preventive treatments), increasing preference for bariatric and cosmetic surgeries, availability of technologically advanced products and their higher adoption rate among surgeons and patients, presence of leading surgical stapler manufactures in the region, and higher public & private spending as a percentage of GDP (resulting in better healthcare facilities and infrastructure).
Request for Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=79557149
The high cost of these devices as compared to their traditional alternatives is one of the restraining factors for the growth of this market accompanied with availability of alternative wound care techniques such as fibrin sealants and surgical sealants and other alternatives, which does not require staple removals resulting in reduced inflammation and scaring.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441