Surgical Staplers Market

Surgical Staplers Market Size (2022 to 2027)

As per our report, the global surgical staplers market size was worth USD 3.98 billion in 2022. It is projected to witness a CAGR of 7.5% to reach USD 5.71 billion by 2027. 

Surgical stapling is a technique used in medical methods to closing the wound, and it is also used as an alternative to traditional methods like suturing. The use of surgical staplers is used as wound closure and minimizes post-procedural complexities like reducing hospital stays and bleeding. The rapid increase in the existence of diseases such as cardiovascular problems, obesity, and cancer contributes to the rise in the number of open and minimally invasive surgeries. The continuous introduction of innovations and new technologies in the medical devices market to provide a faster recovery to patients raises the demand for surgical staplers. Surgical stapling devices are developed in response to rising fears about the healing of traditional sutures. Modern surgical staples are less inclined to leak and separate.

MARKET DRIVERS:

The aging population is growing at an aggressive rate across the world. They are much likely to diagnose several diseases, which is primarily accelerating the global surgical staplers market growth. Additionally, technological advancements, growing disposable income, and highly developed healthcare infrastructure in developed and developing countries, and the rising demand for power surgical instruments in improving economies further drive the surgical staplers market. Delivery of technologically innovative surgical staplers with maximum efficiency and safety will increase the adoption rate and product demand. Rising global demand for surgical staplers over surgical sutures and increasing the number of surgical procedures worldwide favor the surgical staplers market to grow further.

Some of the other driving factors contributing to the growth of the global surgical staplers market are the rise of the needy for wound and tissue management devices and advanced technology. Increment of demand for minimally invasive surgeries and robotic surgeries, the increment of obesity, and awareness among people about bariatric surgeries. Moreover, the increment of incidence cases and rate of increment of cancer cases.

As per the recent research, in the United States, about 4 million deliveries were happening every year; out of that, 33% of babies are born over the cesarean delivery method. An increase in several births worldwide through cesarean surgery will increase the demand and acceptance rate of surgical staplers, fueling industry growth. 

MARKET RESTRAINTS:

The factors hindering the growth of the surgical stapler’s market are rising demand for new wound closure materials like fibrin sealants and glues. The side effects, such as adverse or allergic reactions associated with products such as steel or titanium, are slowly restraining the demand of the market.  

Impact of COVID-19 on the global surgical staplers market:

The COVID-19 has negatively impacted the pharmaceutical industry during the first quarter of the pandemic period; hence the market witnessed a declined growth rate. COVID-19 is an infectious disease that the SARS-CoV-2 causes. The World health organization announced the COVID-19 as an emergency of healthcare. Governments imposed sudden lockdowns across the nations and imposed a ban on flights. Due to the travel ban, the supply chain had been disrupted. During the lockdown, the manufacturing activities had been stopped, and no research and development activities had performed.

The second phase of the pandemic has positively impacted the pharmaceutical industries. The pandemic has changed the market's actual scenario; many changes have been made to the market structure. The usage of surgical staplers in surgical procedures has been increased.  Surgical staplers are predominantly using over Sutures because of their beneficial factors; the demand for these medical devices has been accelerated. Manufacturers in the industry focus on manufacturing surgical staplers; hence the market has been shown significant growth. However, the market is anticipated to witness substantial growth over the coming years.

REPORT COVERAGE:

This research report on the global surgical staplers market has been segmented and sub-segmented into the following categories and calculated market size and forecast for each segment until 2025.

Surgical Staplers Market - By Type:

• Disposable Stapler
• Reusable Stapler Segments

Based on the type, the Disposable Surgical Stapler Segment is expected to hold a significant share in the global surgical staplers market during the forecast period. A disposal stapler is a one-time use device mostly made of plastic. The disposal staplers are ideal as they reduce the chances of infections during surgery, which eventually improves the technical quality. Furthermore, the transmission of infectious diseases from patients to medical personnel can be prevented by disposing of surgical staplers. Disposal surgical staplers are also cheaper when related to reusable staplers. Avoiding transmission of infections through contaminated equipment is vital for healthcare organizations, which is considered the primary issue associated with reusable devices. Also, the disinfection of the reusable devices’ multifaceted procedure requires proper care and maintenance.

Surgical Staplers Market - By Product:

• Manual Surgical Stapler
• Powered Surgical Stapler

The manual surgical staplers were used along with scalpels, scissors, and forceps based on the product. With rising demand and increasing surgeries, a powered surgical stapler is expecting a higher CAGR during the forecast period. These powered devices help doctors solve the problem of weakness that may happen due to top procedure volume in hospital emergency wards. The prime advantage offered by powered stapling devices includes ease of wound closure without the requirement of manual firing force.

Surgical Staplers Market - By Application:

• Pelvis
• Abdominal
• Thoracic
• Cardiac
• Hemorrhoids
• Paediatric
• Cosmetic
• General Surgery Segments 

Based on the Application, surgical devices are used in surgeries in that abdominal and pelvic surgery is expected to dominate the market's largest share. Increasing incidents of obesity and rising health consciousness around the world are propelling the demand for this segment. Increasing buying capacity and increasing weight loss & bariatric surgeries across the globe are anticipated to fuel the market's need to the extent.

Surgical Staplers Market - By End User:

• Hospitals
• Ambulatory Surgical Centers
• Clinics

Based on the end-user, the hospital segment was identified as the largest end-use segment in the last few years. The ambulatory center segment is anticipated to display the highest CAGR over the forecast period. The ambulatory center segment's stable growth can be credited to shortages of hospital beds and scarce economic resources, particularly in underdeveloped and developing economies. The hospital segment is expected to dominate the global market over the forecast period due to bariatric surgery reimbursement scenarios.

Surgical Staplers Market - By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa

North America holds the largest market share globally due to the early acceptance and adoption of staples in the region and the demand for minimally invasive procedures. The rise in the number of surgical procedures in North America's developed areas will enhance the growth of the surgical staplers market. According to recent data from the National Center for Health Statistics, around 50 million surgical procedures are conducted in the United States yearly, which highly includes general surgeries, appendectomy, and cardiovascular. Contrary events were reported by the User Facility Device Experience (MAUDE) and U.S. Food and Drug Administration (FDA) Producer, which includes surgical staplers in surgical procedures.

The Asia Pacific is likely to show higher growth during the forecast period due to a large patient pool in economies such as China, India, and Japan. The surgical staplers remained categorized under “drugs” and were controlled under the Drugs and Cosmetics Act in India because of growing use and demand. The application of this act reduced strict regulations for making and supply of surgical staplers. In the Asia Pacific, the number of surgical procedures is increasing, coupled with an increase in healthcare expenditure, the market is expected to witness lucrative growth.

KEY MARKET PLAYERS:

List of crucial participants leading the global surgical sutures market profiled in this report are Becton Dickinson, Ethicon Inc. (U.S.), Medtronic plc (Ireland), 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), Merril Life Science Pvt. Ltd. (India), Grena Ltd. (U.K.), B. Braun Melsungen AG (Germany), Dextera Surgical Inc. (U.S.) and Frankenman International (China).

RECENT HAPPENINGS IN THIS MARKET:

• In February 2020, a new generation of peri strips dry with veritas collagen matrix product (PSDV) was launched by Baxter international. PSDV has a secure grip for reliable staple line reinforcement in surgical procedures.
• In December 2020, EEA circular stapler with Tri-staple technology was launched by Medtronic India. The Tri-staple technology comprises a sloped cartridge face that delivers less stress on the Tissue. The EEA circular stapler with Tri-staple technology stipulated for use in colorectal procedures requires safer anastomosis to avoid leaks. This product launch is to escalate the product portfolio of the company.
• Baxter International, a global leader in advanced surgical innovations, announced 510k clearance Food and drug administration from the U.S. for a new generation of its Peri-strips dry with veritas collagen matrix. The new generation of PSDV is twice as fast as the earlier version and another staple line reinforcement product. Modern stapling technology used in bariatric procedures results in high morbidity, and mortality persists. Staple line Bleeding and leaks are the most prevalent complications while performing stapling.