The size of the Surgical Staplers Market in the Asia Pacific is predicted to grow USD 663.53 million by 2027 from USD 453.26 million in 2022, growing at a CAGR of 7.92% from 2022 to 2027.
The rising aging population is significantly growing in the Asia Pacific. The same rise has been witnessed in orthopedic and cardiovascular surgeries, directly increasing the demand for surgical staplers. Additionally, the prevalence of medical tourism, growing accident cases, and rising demand for less invasive techniques are majorly propelling Asia Pacific Surgical Staplers Market growth. Furthermore, 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 APAC Surgical Staplers Market has been segmented and sub-segmented into the following categories.
By End User:
Based on the region, the Asia-Pacific is one of the fastest-growing regional markets globally, owing to the enormous number of patients and the booming economies. In addition, 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 APAC are expected to propel the market growth in the area.
The Chinese surgical staplers market is expected to be the leading regional market in the APAC market during the forecast period. Increasing technological advancements and growing medical tourism in China are the major factors attributing to 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. In addition, growth in cosmetic surgeries happening in India is expected to fuel the demand.
The Australian surgical staplers market is progressing at a brisk pace. The growing aging population in Australia leads to a rise in the number of aged-related surgery, thus increasing the use of surgical staplers.
KEY MARKET PLAYERS:
A few of the noteworthy companies operating in the APAC surgical staplers market profiled in this 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.
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