North America Surgical Staplers Market is to reach USD 1.94 billion by 2022
Posted by rohan on March 7th, 2018
The North America Surgical Staplers Market was worth USD 1.34 billion in 2016 and estimated to be growing at a CAGR of 7.65%, to reach USD 1.94 billion by 2021. Surgical Staplers are specialised staples, used instead of sutures in a surgery to connect or remove parts of bowels, lungs or to seal skin wounds. They were at first developed to replace sutures since leakages from poor suturing was a leading cause of mortalities after surgeries. Nowadays clips are being used in place of staples as it prevents the piercing of staples. Stapling has the benefit of being faster and more accurate than suturing by hand. They are unlikely to cause leakages of blood from stapled organs.
During the start, staples were made of stainless steel with titanium staples loaded into reloadable stapler cartridges. Modern staples are mainly of two types, the first type being disposable and made of materials like plastic and the second type being reusable and made of stainless steel. Both these types are usually loaded by cartridges which are disposable. Staples come in shapes such as straight, curved and circular. Circular staplers are used for procedures such as bowel resection and end-to-end anastomosis. Different versions of staplers are used for open and laparoscopic surgeries. Laparoscopic surgeries use longer and thinner ones which are designed for easy use with trocar ports. Titanium is used more often than stainless steel since Titanium produces less immune reactions when compared to steel. Synthetic bio-absorbable staplers are present which use materials like polyglycolic acid.
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The driving factors of North America Surgical Staplers market are rising number of increased preference of staplers over sutures, growing technological advancements, surgical operations around the world, medical tourism in developing countries, rising demand for healthcare in low and middle income countries, increasing demand for minimally invasive procedures and growing popularity for cosmetic surgeries among others. The restraints faced by this market are alternative methods available for wound care and high price of devices.
The North America Surgical Staplers market is segmented on the basis of type into disposable stapler and reusable stapler segments. The reusable stapler segment is expected to have higher growth rate during forecast period. Based on product, the market is segmented into manual surgical stapler and powered surgical stapler. Manual surgical stapler has the larger share among the two. Based on end-user, the market is divided into hospitals, ambulatory surgical centres and clinics. Hospitals has the largest market share in this segment. On the basis of application, the market is divided into Pelvis, Abdominal, Thoracic, Cardiac, Haemorrhoids, Paediatric, Cosmetic and General Surgery segments.
The North America Surgical Staplers market is divided based on geography into United States, Canada and Mexico. North America has the largest market share globally, accounting to around 42 percent. In the North America region, United States has the largest market share owing to early adoption of surgical staplers and minimally invasive surgical procedures. Factors such as growing technological advancements, and rising preference for surgical staplers instead of sutures is expected to propel the market growth in the region.
Some of the major players in the market include 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), Meril Life Science Pvt. Ltd. (India), Grena Ltd. (U.K.), B. Braun Melsungen AG (Germany), Dextera Surgical Inc. (U.S.), Frankenman International (China), and Becton, Dickinson and Company (U.S.).
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Joined: September 20th, 2017
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