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 End User:
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.
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