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Surgical Staplers Market Size

  • Report ID: GMI1903
  • Published Date: Jul 2023
  • Report Format: PDF

Surgical Staplers Market Size

Surgical Staplers Market size was worth USD 5.6 billion in 2023 and is estimated to witness more than 7.7% CAGR from 2024 to 2032 driven by the rising preference for staplers in comparison to sutures mainly across developing regions.

 

The growing number of surgeries will drive the market growth. According to estimates, over 1000 surgical operations are performed each year in emerging countries. Surgical staplers offer various advantages, including affordability, precision, faster outcomes, and cause lesser risk of infections than stitches. Staplers are also employed in surgical operations that are previously impossible to perform due to restricted access to older techniques. The increasing benefits provided by surgical staplers in reducing post-operative problems over alternative approaches will also drive the market expansion.

 

The adverse incidents and product problems associated with surgical staplers and the subsequently rising concerns amongst regulators in numerous nations will limit the market growth. Surgical staplers are intricate medical instruments, and any problems with their design, production, or quality control can pose serious impacts. The growing intervention by regulatory authorities to tighten the inspections of safety and performance of devices, resulting in more strict rules and post-market surveillance obligations will also limit the product demand to some extent.

 

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Surgical staplers industry size was USD 5.6 billion in 2023 and is projected to witness over 7.7% CAGR from 2024-2032 owing to increasing adoption over sutures in developing regions.

Powered surgical staplers industry size is estimated to reach USD 8.2 billion through 2032 owing to the rapid increase in R&D activities to develop technologically enhanced surgical staplers.

North America surgical staplers market accounted for more than USD 2 billion in 2022 and is poised to record notable CAGR from 2023 to 2032 attributed to the surging number of surgical operations across the region.

Medtronic, Ethicon (Johnson & Johnson), B. Braun Melsungen AG, 3M, Frankenman International, Grena, Integra Life Sciences, Intuitive Surgical Inc., CONMED Corporation, Purple Surgical, and Meril Life Sciences Pvt Ltd. are some of the key surgical stapler manufacturers and suppliers.

Surgical Staplers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 348
  • Countries covered: 30
  • Pages: 170
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