The size of the Surgical Staplers Market in the Asia Pacific was worth USD 420 million in 2020. This value is estimated to grow at a CAGR of 7.92% and will reach USD 610 million by 2025.
The rising aging population is significantly growing in the Asia Pacific, and the same rise has been witnessed in the number of orthopedic and cardiovascular surgeries, which is directly increasing the demand for surgical staplers. Additionally, the prevalence of medical tourism, growing accident cases, and rising demand for the less invasive techniques are majorly propelling Asia Pacific Surgical Staplers Market growth. There is a rise in cosmetic surgery in the region, which is expected to increase the usage of surgical staplers in dermatology in the Asia Pacific.
Fluctuations in the cost of raw materials, high costs associated are slowly degrading the demand of the market.
This research report on the Asia Pacific Surgical Staplers Market has been segmented and sub-segmented into the following categories and calculated market size and forecast for each segment until 2024.
Based on the Region, the Asia-Pacific is the fastest-growing market in the world, owing to the enormous number of patients and the booming economies. Factors such as rising demand for healthcare in low and middle-income countries, increasing demand for minimally invasive procedures, and medical tourism in developing countries in this region of the world are expected to propel the market growth in the area.
China is the world’s no.1 populated country, and the same had occupied the largest market share in the Asia Pacific. Increasing technological advancements and growing medical tourism in China are the major factors attributing the Chinese surgical staplers market.
The Indian surgical staplers market is significantly growing due to the rise in medical tourism in India, low cost, and adoption of modern technology in health care. Growth in cosmetic surgeries happening in India is expected to fuel the demand in this country.
The Australia surgical staplers market is progressing at a brisk pace. The growing aging population in Australia, which is lead to a rise in the number of aged related surgery, thus increased the use of surgical staplers.
Companies dominating the APAC Surgical Staplers Market Profiled in the Report are Ethicon Inc., Medtronic plc, CONMED Corporation, Smith & Nephew, Purple Surgical Inc., Intuitive Surgical Inc., Welfare Medical Ltd., Reach surgical Inc., Merril Life Science Pvt. Ltd., Grena Ltd., B. Braun Melsungen AG, Dextera Surgical Inc., Frankenman International, and Becton & Dickinson.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.1 Disposable Stapler
5.1.2 Reusable Stapler
5.1.3 Y-o-Y Growth Analysis, By Type
5.1.4 Market Attractiveness Analysis, By Type
5.1.5 Market Share Analysis, By Type
5.2.1 Manual Surgical Stapler
5.2.2 Powered Surgical Stapler
5.2.3 Y-o-Y Growth Analysis, By Product
5.2.4 Market Attractiveness Analysis, By Product
5.2.5 Market Share Analysis, By Product
5.3 End Users
5.3.2 Ambulatory Surgical Centres
5.3.4 Y-o-Y Growth Analysis, By End Users
5.3.5 Market Attractiveness Analysis, By End Users
5.3.6 Market Share Analysis, By End Users
5.4.8 Y-o-Y Growth Analysis, By Application
5.4.9 Market Attractiveness Analysis, By Application
5.4.10 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
220.127.116.11 By Type
18.104.22.168 By Product
22.214.171.124 End Users
126.96.36.199 By Application
6.1.4 Market Attractiveness Analysis
188.8.131.52 By Type
184.108.40.206 By Product
220.127.116.11 End Users
18.104.22.168 By Application
6.1.5 Market Share Analysis
22.214.171.124 By Type
126.96.36.199 By Product
188.8.131.52 End Users
184.108.40.206 By Application
6.5 South Korea
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Ethicon Inc.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Medtronic plc
8.3 CONMED Corporation
8.4 Smith & Nephew
8.5 Purple Surgical Inc.
8.6 Intuitive Surgical Inc.
8.7 Welfare Medical Ltd.
8.8 Reach surgical Inc.
8.9 Meril Life Science Pvt. Ltd.
8.10 Grena Ltd.
8.11 B. Braun Melsungen AG
8.12 Dextera Surgical Inc.
8.13 Frankenman International
8.14 Becton, Dickinson and Company
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures