Surgical Staplers Market size in U.S. to exceed $2.6 Bn by 2026

Surgical Staplers Market in U.S. is poised to surpass USD 2.6 billion by 2026; according to a new research report by Global Market Insights Inc.
 

Rise in the adoption of surgical staplers over other traditional wound closure techniques will prove beneficial for the market growth. The increased adoption of surgical staplers is owing to its advantages such as minimal tissue reaction, quick placement, low risk of infection and strong wound closure. Hence, the aforementioned advantages will drive the market growth over the forecast period. Moreover, upsurge in the number of surgical interventions will expand the product demand in the coming years. In addition to that, market players are focusing on the launch of new technologies to overcome the problems associated with the wound closure complications and infections.
 

Increasing number of surgical procedures will fuel the surgical staplers market growth in U.S.

The use of surgical staplers has increased the effectiveness of surgical procedures that were earlier difficult to perform due to limited availability of advanced instruments. Owing to this, the surgeons in hospitals across the U.S. are focusing on extensive use of surgical staplers during the surgical interventions. For instance, according to a recently published data by the National Center for Health Statistics, more than 50 million surgeries are conducted in the U.S. on an annual basis and are estimated to increase in the forthcoming years.
 

Furthermore, rising focus of market players towards the introduction of technologically advanced staplers will drive the growth of surgical staplers market in the U.S.
 

Browse key industry insights spread across 90 pages with 32 market data tables & 15 figures & charts from the report, “U.S. Surgical Staplers Market Size By Product (Linear Staplers, Circular Staplers, Skin Staplers, Endoscopic Staplers), By Technology (Manual, Powered), By Usability (Reusable, Disposable), By Surgery (Gynecology Surgery, Cardiac Surgery, Bariatric Surgery, Colorectal Surgery), Industry Analysis Report, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/us-surgical-staplers-market
 

Several applications of circular staplers in chronic and complicated surgical procedures will propel the segmental growth

The circular staplers segment held around 41.6% of total U.S. surgical staplers market share in 2019 and is estimated to register significant CAGR in the future. Increasing use of circular staplers for end-to-end anastomosis including cervical esophagogastric anastomosis in esophagectomy will increase the segmental growth. The circular staplers provide a range of applications in chronic and complicated surgical procedures. Moreover, recent technological advances in circular staplers such as 3D stapling technology distributes compression throughout the anastomosis by reducing the compression force on tissue by around 33%.
 

Increasing research and development activities for the development of technologically advanced surgical staplers will drive the product demand

The powered staplers segment was valued at USD 1.3 billion in 2019. The large share of this segment is attributed to the increasing research and development activities for developing technologically improved surgical staplers. For instance, Ethicon’s ECHELON stapler provides 61% fewer leaks at the staple line without compromising perfusion. The adoption of such technologically advanced products will increase in the upcoming years thereby, supporting the industry expansion. Furthermore, modern surgical staplers use powered motors in order to conduct smooth, reduced-firing force, one handed operation with less impact on the surrounding tissues.
 

Economic feasibility and less impact on the environment are the advantages enhancing the demand for reusable surgical staplers

The reusable staplers segment is estimated to grow at a CAGR of 6.4% over the forecast timeframe. The reusable staplers are commonly used in the general and thoracic surgeries. These staplers have less impact on environment and thus, are highly preferred by the healthcare professionals in the U.S. Moreover, economic feasibility of reusable staplers will increase the product adoption rate in the future thereby, augmenting the growth of U.S. surgical staplers market.
 

Increasing prevalence of cardiovascular diseases in the U.S. will contribute to the segmental growth

The cardiac surgery segment was valued at USD 422.9 million in 2019. The circular staplers are generally preferred for performing cardiac surgeries. Increase in the prevalence of cardiovascular diseases will significantly contribute to the growth of surgical staplers market in the U.S. For instance, according to the recently published data by the National Center for Health Statistics, more than 7 million cardiovascular system surgeries are performed in the U.S. on an annual basis. Thus, such large patient pool will ultimately generate the product demand across the country thereby, spurring the market growth.
 

Companies focusing on new product launches and acquisitions will contribute to the market growth

The major players in the U.S. surgical staplers market share are 3M Company, B. Braun Melsungen AG, CONMED Corporation, Ethicon (Johnson & Johnson), Integra Life Sciences, Intuitive Surgical, Meril Life Sciences, CooperSurgical and Medtronic among others. These market players are majorly focusing on various strategies such as new product launches, strategic acquisitions, market development strategies, mergers, partnerships and collaborations. For instance, in February 2018, Meril Life Sciences introduced MIRUS three rows circular stapler that provides superior surgical outcomes. The strategic move has significantly contributed to the company’s revenue and further assisted in industry growth.