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Market Overview:
Surgical stapler market has been growing steadily ever since
the technique was enhanced to be efficiently used in the surgical scenario in
the 1970s. stainless steel staples are used due to their various advantages
that include quick procedure, strong wound closure and minimal tissue reaction.
Various surgical procedures such as gastrointestinal, thoracic, gynecologic as
well as bariatric surgeries for weight loss have made good utilization of
surgical staplers.
Surgical
staplers market Size has witnessed increased interest due to the increasing
demand made on surgeons. Most often surgeons are pressed for time which leads
to physician burnout. Stapling can usually be performed quicker than suturing
and is a preferred means of wound closure when it comes to mass casualties
where trauma care must be immediate and effective. Surgical staples are
preferred by first responders in cases of emergencies as wound closure to stop
the bleeding is crucial in such cases. Data collected in the U.S. estimates
that nearly 60,000 Americans die from blood loss and physical trauma leads to
as many as 1.5 million deaths due to hemorrhage.
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Competitive Scenario:
Some of the participants in the surgical stapler market
include Purple Surgical Inc., Smith and Nephew Plc, Ethicon US, LLC, Medtronic,
CONMED Corporation, Reach Surgical, Frankenman International Limited, Stryker,
B. Braun Melsungen AG, Grena Ltd, Touchstone International Medical Science Co.
Ltd, Cardica Inc. and Zimmer Biomet.
Segmentation:
Surgical stapler market is segmented on the basis of type,
application, product and end-users.
By type, surgical stapler market is subdivided in to
disposable and reusable surgical staplers.
By application surgical stapler market is segmented into
general surgery, abdominal and pelvic surgery, orthopedic surgery, cardiac and
thoracic surgery and others.
By product, the surgical stapler market is segmented into
powered surgical staplers and manual surgical staplers.
By end-users the market is divided into hospitals, clinics
and ambulatory surgical centers.
Regional Analysis:
When the market is analyzed region-wise, North America, with
its growing geriatric population and increasing number of surgical procedures
that involve surgical stapling is expected to lead the surgical stapler market
share. Considering the fact that obesity is rampant in the U.S. with a
2015-2016 study by National Center for Health showing that 39.8% of adult males
in the country were obese, bariatric surgery is very common in the country,
driving the surgical stapler market.
Europe together with North America is expected to account
for 70% of the surgical stapler market during the forecast period. Adoption of
advanced surgical techniques will fuel surgical stapler market trends in the
region.
Asia-Pacific is expected to emerge as the region with the
fastest growing share in the surgical stapler market owing to increased
expenditure in healthcare, rising awareness and increasing prevalence of
cardiac diseases.
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