The size of the Surgical Staplers Market in Europe was valued at USD 1.35 billion in 2022 and is estimated to be growing at a CAGR of 7.4% to reach USD 1.93 billion by 2027.
Surgical stapling is a technical development in medical wound closure procedures that are frequently used to substitute for older wound closure methods such as suturing. Surgical staplers speed up the closure process and reduce hospital stays by decreasing post-procedure complications, including bleeding.
The number of open and minimally invasive operations is attributed to the rapid increase in the prevalence of obesity, cardiovascular issues, and malignancies. Furthermore, the continual introduction of novel technologies and developments in the medical device sector is driving up demand for surgical staplers by allowing patients to recuperate faster.
The need for minimally invasive surgery is increasing, as is the usage of surgical staplers over traditional surgical sutures in both developed and developing nations. These factors, together with technical progress, are propelling the European surgical staplers market forward. Surgical staplers are more cost-effective, faster, and less likely to induce infection than stitches. It was originally designed to replace sutures since poor suturing was a major cause of post-surgery mortality.
The progressive aging of the European population (17.5 percent of whom are 65 or older) is projected to raise demand for health care connected to old age and rise in the demand for old-age care. In terms of healthcare supply and spending, the government continues to play the most important role. As a result, surgical stapler revenues, which are utilized in the senior population for specialized operations such as cardiac and orthopedic surgeries, are projected to rise faster. The European surgical staplers market is further projected to expand due to the rising number of bariatric operations. Furthermore, the growing usage of surgical staplers, owing to the advantages surgical staples provide over traditional suturing and stitching procedures, would provide market development opportunities.
Surgical plugs are more costly than suturing needles. Even though operating staplers are more sophisticated than stitching, their adoption is thus hampered in an economically underdeveloped area, which is expected to hamper the growth rate during the forecast period. Furthermore, alternative wound care treatments like fibrin sealants and Surgical Sealants, and other options that do not require staple removal and result in less irritation and scarring, and traditional wound closure techniques are significant limitations to the overall growth of the European surgical staplers market.
This research report on the European surgical staplers market has been segmented and sub-segmented into the following categories.
By Type:
By Product:
By End User:
By Application:
By Country:
Geographically, the European surgical staplers market is the world's second-largest market. The market in this area is projected to expand due to factors such as rising demand for minimally invasive procedures and technological developments.
During the forecast period, the surgical staplers market in the United Kingdom is expected to develop at the quickest rate. The surgical stapler industry in the United Kingdom is booming thanks to the need for less intrusive methods and less painful procedures. The government has classified surgical staplers as a class I devise. The UK regulatory authority is working with the FDA in the United States to examine staplers.
Staplers are the subject of study in Germany, where the industry is expected to develop rapidly in the future. Robotics, especially staplers, are being used in surgery by the German Federal Ministry of Education and Research. The use of Endo-GIA vascular staplers in liver surgery contributes significantly to the expansion of the German surgical staplers' market.
On the other hand, France is more likely to witness a moderate share in the market. Technical advancements in surgical staplers are fueling the expansion of the surgical stapler market in France. In addition, robotic surgical staplers are being researched in France.
KEY MARKET PLAYERS:
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 are some of the prominent companies in the European surgical staplers market.
1.Introduction
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
2.1 Introduction
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. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
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 Type
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 Product
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
5.3.1 Hospitals
5.3.2 Ambulatory Surgical Centres
5.3.3 Clinics
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 Application
5.4.1 Pelvis
5.4.2 Abdominal
5.4.3 Thoracic
5.4.4 Cardiac
5.4.5 Haemorrhoids
5.4.6 Paediatric
5.4.7 Cosmetic
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 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Type
6.1.3.2 By Product
6.1.3.3 End Users
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Type
6.1.4.2 By Product
6.1.4.3 End Users
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Type
6.1.5.2 By Product
6.1.5.3 End Users
6.1.5.4 By Application
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
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.
8.1.1 Overview
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.Competitive Landscape
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
Appendix
a) List of Tables
b) List of Figures
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