Surgical Staplers Market: United States to Remain Most Rewarding Market in North America

Posted by Stephen Morrison on August 14th, 2023

The demand for powered surgical staplers is projected to experience rapid growth at a Compound Annual Growth Rate (CAGR) of 8% between 2022 and 2030. Despite reusable surgical staplers holding a dominant market share of approximately 60% by the end of 2021, their market share is expected to progressively diminish in favor of disposable surgical staplers over the coming years.

Recent times have witnessed a significant enhancement in the focus on global healthcare, resulting in notable advancements within the medical equipment sector. Emerging products like surgical staplers have gained swift traction, finding expanded utility across various surgeries due to their user-friendly nature and heightened reliability. Presently, prominent products in the global surgical staplers industry include Ethicon surgical staplers, Panther surgical staplers, Lexitong surgical staplers, and Touchstone surgical staplers.

Several factors will continue to drive the demand for surgical staplers until 2030, including the escalating number of surgeries, the increasing preference for minimally invasive procedures, technological innovations, greater accessibility to surgical instrument staplers, heightened investments in healthcare infrastructure development, and the prevalence of chronic diseases.

The United States will maintain its status as the most lucrative market for surgical staplers in the North American region. This supremacy is attributed to the nation's rising volume of surgeries and rapid adoption of advanced healthcare technologies and devices. Additional factors influencing the potential of the surgical staplers market in the U.S. include the presence of key surgical stapler manufacturers, a growing elderly population, an upsurge in obesity rates, and the presence of well-established healthcare infrastructure. Furthermore, laparoscopic surgical staplers are expected to experience substantial demand in the country, driven by the increasing number of laparoscopic procedures being performed.

In 2021, the North American surgical staplers market accounted for a significant share of approximately 40% in terms of revenue. This dominance is expected to persist throughout the forecast period, primarily attributed to the rapid integration of advanced technologies and a growing preference for minimally invasive surgical procedures in the region.

The global surgical staplers market is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. As of 2022, the market is valued at approximately US$ 4.5 billion, and it is anticipated to reach a valuation of US$ 7.3 billion by the conclusion of the forecast period (2022-2030).