Market Overview:
The global powered surgical stapling devices 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 stapling devices. Based on type, the global powered surgical stapling devices market is segmented into straight, curved, and circular. The straight segment is expected to account for the largest share of the global powered surgical stapling devices market in 2018. This segment is also projected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2030. Based on application, hospitals are expected to account for the largest share of the global powered surgical stapling devices market in 2018 followed by ambulatory surgical centres (ASCs).
Product Definition:
Powered surgical stapling devices are used to staple tissue together during surgery. They can be used to close wounds, attach tissues together, or attach organs in place. Powered surgical stapling devices are important because they allow surgeons to quickly and easily staple tissue together during surgery. This can reduce the time needed for surgery and minimize the risk of complications.
Straight:
The straight is a surgical stapling device used for closing incisions in surgeries. It is also known as powered surgical stapling (PSS) devices or electrosurgical units. The straight has advantages over traditional methods of closing large wounds such as sutures and staples, which include easy removal, low risk of infection, and reduced post-operative pain & tissue reaction.
Curved:
Curved staplers are used in powered surgical stapling devices. Powered surgical Stapling (PSS) is a technique of surgery where the tissues or organs are cut and then fastened by using special instruments called as “staplers”. The curved stapler allows for more accurate and effective tissue closure, especially when treating complex procedures such as colorectal surgeries, endometrial removals & replacements, thoracic surgeries, etc.
Application Insights:
Based on application, the market is segmented into hospitals, ambulatory surgical centers, and others. The others segment includes clinics and home healthcare settings. Ambulatory surgical centers held the largest share in 2017 owing to increasing awareness about minimally invasive procedures among patients. Also, these centers provide a comfortable setting for patients to undergo surgery which may contribute towards higher adoption of powered surgical stapling devices in this region.
Hospitals are expected to be at the forefront of growth over the forecast period due to rising prevalence of chronic diseases such as heart disease & stroke along with an increase in number of surgeries being performed every year globally since past few decades.
Regional Analysis:
North America dominated the global powered surgical stapling devices market in 2017. This can be attributed to increasing awareness about advanced medical treatments, rising healthcare expenditure, and growing adoption of efficient healthcare infrastructure. Moreover, presence of major players in this region is also expected to drive the demand for these products over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and high unmet needs of patients in this region. In addition, rapidly expanding medical tourism industry due to availability of advanced treatment at affordable cost will further propel regional growth during the projected time frame. Europe accounted for a significant share owing its well-developed healthcare sector coupled with favorable reimbursement policies regarding powered surgical staplers by national health services providers (NHS). Presence or prominent players such as Medtronic; Stryker; Johnson & Johnson Services Inc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily owing to the advantages offered by these surgeries over traditional open surgery procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Powered surgical stapling devices are widely used in minimally invasive surgeries due to their ability to quickly and accurately staple tissue together.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 8% from 2016-2021, driven by the increasing life expectancy and declining fertility rates worldwide. This growing population segment is more susceptible than younger age groups to various diseases and disorders that require surgical intervention, thus driving demand for powered surgical stapling devices globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Powered Surgical Stapling Devices Market Research Report
By Type
Straight, Curved, Circular
By Application
Hospitals, Ambulatory Surgical Centres, Others
By Companies
Medtronic, Johnson & Johnson, M, Dextera Surgical, Purple Surgical Holdings, Meril Life Sciences, Grena, B.Braun, BD, Conmed, Medtronic
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Powered Surgical Stapling Devices Market Report Segments:
The global Powered Surgical Stapling Devices market is segmented on the basis of:
Types
Straight, Curved, Circular
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
Hospitals, Ambulatory Surgical Centres, Others
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
- M
- Dextera Surgical
- Purple Surgical Holdings
- Meril Life Sciences
- Grena
- B.Braun
- BD
- Conmed
- Medtronic
Highlights of The Powered Surgical Stapling Devices 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:
- Straight
- Curved
- Circular
- By Application:
- Hospitals
- Ambulatory Surgical Centres
- Others
- 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 Powered Surgical Stapling Devices 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Powered surgical stapling devices are medical devices that use an electric current to staple tissue. They are often used in surgery to close wounds or repair damage.
Some of the major companies in the powered surgical stapling devices market are Medtronic, Johnson & Johnson, M, Dextera Surgical, Purple Surgical Holdings, Meril Life Sciences, Grena, B.Braun, BD, Conmed, Medtronic.
The powered surgical stapling devices market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Powered Surgical Stapling Devices 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 Powered Surgical Stapling Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Powered Surgical Stapling Devices 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 Powered Surgical Stapling Devices 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 Powered Surgical Stapling Devices Market Size & Forecast, 2020-2028
4.5.1 Powered Surgical Stapling Devices Market Size and Y-o-Y Growth
4.5.2 Powered Surgical Stapling Devices Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Straight
5.2.2 Curved
5.2.3 Circular
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centres
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Powered Surgical Stapling Devices 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 Powered Surgical Stapling Devices 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Straight
9.6.2 Curved
9.6.3 Circular
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centres
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Straight
10.6.2 Curved
10.6.3 Circular
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centres
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Straight
11.6.2 Curved
11.6.3 Circular
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centres
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Straight
12.6.2 Curved
12.6.3 Circular
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centres
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Straight
13.6.2 Curved
13.6.3 Circular
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centres
13.10.3 Others
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 Powered Surgical Stapling Devices Market: Competitive Dashboard
14.2 Global Powered Surgical Stapling Devices 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 M
14.3.4 Dextera Surgical
14.3.5 Purple Surgical Holdings
14.3.6 Meril Life Sciences
14.3.7 Grena
14.3.8 B.Braun
14.3.9 BD
14.3.10 Conmed
14.3.11 Medtronic
