Market Overview:
The global circular surgical staplers market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in surgical staplers. Based on type, the global circular surgical staplers market is segmented into disposable and reusable circular surgical staplers. The disposable segment is expected to grow at a higher CAGR than the reusable segment during the forecast period from 2018 to 2030. This can be attributed to factors such as rising preference for disposables over reusables due to their lower cost and ease of use, growing number of single-use medical devices, and increasing awareness about hygiene among healthcare professionals. Based on application, the global circular surgical staplers market is divided into hospital settings, ASCs (ambulatory surgery centers), and other applications (such as research institutes).
Product Definition:
A circular surgical stapler is a medical device that joins tissue by passing metal staples through the tissue. The staples are then bent and hold the tissue together.
Disposable:
The global disposable, it's usage and growth factor in circular surgical staplers market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The key drivers attributing to the market growth are increasing demand for minimally invasive surgeries, technological advancements pertaining to disposable devices used during surgery along with growing awareness regarding hospital acquired infections (HAIs).
Reusable:
Reusable staplers are instruments that are intended for use more than once. They consist of a metal or plastic frame, which is used to secure the surgical field and hold down the tissues during surgeries. The reusable staplers have different types of frames such as single-use, dual-use, and hybrid.
Application Insights:
Based on application, the global circular surgical staplers market is segmented into hospital, ASCs and others. The hospital segment dominated the market in 2017 owing to increasing number of surgeries and rising prevalence of chronic diseases. According to WHO, in 2016, around 1 billion people were suffering from chronic diseases worldwide which accounted for 6.9% of the total population globally. Moreover, an increase in healthcare spending by governments as well as private organizations has led to a rise in demand for advanced medical equipment such as surgical robots which can reduce human errors during surgeries thus driving demand for circularectional staplers over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to factors such as increasing number of surgical procedures, high healthcare expenditure and favorable reimbursement policies. The U.S. is one of the most developed countries with advanced medical technologies and a large population base requiring various surgeries for treatment or healing purposes.
Asia Pacific circular staplers market is expected to grow at a lucrative rate over the forecast period due to developing economies such as China.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgical procedures is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily owing to the growing preference for minimally invasive surgeries over traditional open surgery procedures, due to their shorter hospital stays, lower rates of post-operative complications and faster recoveries. Circular surgical staplers are ideally suited for use in minimally invasive surgeries, as they allow surgeons to quickly and effectively staple tissue together without causing any damage or trauma.
- Growing demand for disposable medical devices: The global market for disposable medical devices is expected to grow at a CAGR of 7% from 2016 to 2021. This growth can be attributed largely to the increasing awareness among patients about the benefits of using disposable medical devices over reusable ones, as well as the rising incidence of hospital-acquired infections (HAIs). Circular surgical staplers are classified as disposable medical devices, and hence their popularity is likely to continue growing in years ahead.
- Technological advancements in circular surgical staplers: The technological advancements being made in circular surgical staplers are helping them become more versatile and user-friendly with each passing day. For instance, newer models come with features such as adjustable staple depths and automatic reloading capabilities that make them easier and fasterto use during surgery operations . Such innovations are helping boost the adoption rateof circular surgical st
Scope Of The Report
Report Attributes
Report Details
Report Title
Circular Surgical Staplers Market Research Report
By Type
Disposable, Reusable
By Application
Hospital, ASCs, Other
By Companies
Medtronic, Johnson & Johnson, B. Braun, Meril Life Sciences, Frankenman International, Reach Surgical, Victor Medical Instruments, Changzhou Ankang Medical Instruments, SURKON Medical, Microcure, Medtronic, Panther Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Circular Surgical Staplers Market Report Segments:
The global Circular Surgical Staplers market is segmented on the basis of:
Types
Disposable, Reusable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, ASCs, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Johnson & Johnson
- B. Braun
- Meril Life Sciences
- Frankenman International
- Reach Surgical
- Victor Medical Instruments
- Changzhou Ankang Medical Instruments
- SURKON Medical
- Microcure
- Medtronic
- Panther Healthcare
Highlights of The Circular Surgical Staplers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Disposable
- Reusable
- By Application:
- Hospital
- ASCs
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Circular Surgical Staplers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Circular surgical staplers are medical devices used to close wounds. They have a rotating blade that cuts through the skin and then staples it together.
Some of the major companies in the circular surgical staplers market are Medtronic, Johnson & Johnson, B. Braun, Meril Life Sciences, Frankenman International, Reach Surgical, Victor Medical Instruments, Changzhou Ankang Medical Instruments, SURKON Medical, Microcure, Medtronic, Panther Healthcare.
The circular surgical staplers market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Circular Surgical Staplers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Circular Surgical Staplers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Circular Surgical Staplers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Circular Surgical Staplers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Circular Surgical Staplers Market Size & Forecast, 2018-2028
4.5.1 Circular Surgical Staplers Market Size and Y-o-Y Growth
4.5.2 Circular Surgical Staplers Market Absolute $ Opportunity
Chapter 5 Global Circular Surgical Staplers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Circular Surgical Staplers Market Size Forecast by Type
5.2.1 Disposable
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Circular Surgical Staplers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Circular Surgical Staplers Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 ASCs
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Circular Surgical Staplers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Circular Surgical Staplers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Circular Surgical Staplers Analysis and Forecast
9.1 Introduction
9.2 North America Circular Surgical Staplers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Circular Surgical Staplers Market Size Forecast by Type
9.6.1 Disposable
9.6.2 Reusable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Circular Surgical Staplers Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 ASCs
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Circular Surgical Staplers Analysis and Forecast
10.1 Introduction
10.2 Europe Circular Surgical Staplers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Circular Surgical Staplers Market Size Forecast by Type
10.6.1 Disposable
10.6.2 Reusable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Circular Surgical Staplers Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 ASCs
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Circular Surgical Staplers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Circular Surgical Staplers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Circular Surgical Staplers Market Size Forecast by Type
11.6.1 Disposable
11.6.2 Reusable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Circular Surgical Staplers Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 ASCs
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Circular Surgical Staplers Analysis and Forecast
12.1 Introduction
12.2 Latin America Circular Surgical Staplers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Circular Surgical Staplers Market Size Forecast by Type
12.6.1 Disposable
12.6.2 Reusable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Circular Surgical Staplers Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 ASCs
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Circular Surgical Staplers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Circular Surgical Staplers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Circular Surgical Staplers Market Size Forecast by Type
13.6.1 Disposable
13.6.2 Reusable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Circular Surgical Staplers Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 ASCs
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Circular Surgical Staplers Market: Competitive Dashboard
14.2 Global Circular Surgical Staplers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Johnson & Johnson
14.3.3 B. Braun
14.3.4 Meril Life Sciences
14.3.5 Frankenman International
14.3.6 Reach Surgical
14.3.7 Victor Medical Instruments
14.3.8 Changzhou Ankang Medical Instruments
14.3.9 SURKON Medical
14.3.10 Microcure
14.3.11 Medtronic
14.3.12 Panther Healthcare
