Surgical Stapler Market Size, Share, Opportunities, And Trends By Product (Linear Surgical Stapler, Circular Surgical Stapler, Cutter Stapler, Skin Stapler, Stapler Reload), By Mechanism (Manual Surgical Stapler, Powered Surgical Stapler), By Usage (Disposable Surgical Stapler, Reusable Surgical Stapler), By Application (Abdominal Surgery, Obstetrics And Gynecological Surgeries, Cardiac And Thoracic Surgeries, Orthopedic Surgery, Other Surgical Applications), And By Geography - Forecasts From 2024 To 2029

  • Published : Mar 2024
  • Report Code : KSI061616748
  • Pages : 148

The surgical stapler market is anticipated to show steady growth during the forecast period.

A surgical stapler is a specialized instrument utilized in surgical procedures. It serves as a substitute for sutures (stitches) by joining tissue layers together through stapling, resulting in quicker closure and potentially reduced bleeding when compared to traditional suturing methods. These staplers find widespread application in a range of surgeries, including laparoscopic procedures and wound closures. An increasing number of surgical procedures, technological advancement in surgical stapling, and investment in research and development are driving the surgical stapler market growth.

Market drivers:

  • The increasing number of surgical procedures is driving the surgical stapler market growth.

The primary catalyst behind the growing demand for surgical staplers is the escalating number of surgeries conducted globally. This surge is primarily attributed to improved accessibility to healthcare; as a result, there is an amplified need for surgical staplers in a wide range of procedures, including laparoscopy and wound closure. According to a National Library of Medicine article published in 2022, around 530,000 general thoracic surgery procedures were conducted annually in the United States by approximately 4,000 cardiothoracic surgeons. On average, each thoracic surgeon is estimated to perform 135 cases per year. General surgeons in the United States are accountable for performing around 50% of all thoracic surgeries.

  • Technological advancements in surgical stapling devices have propelled the market growth.

Healthcare providers have been greatly impacted by the technological advancements in surgical staplers and staples, leading to a notable increase in the adoption of surgical stapling devices. The increasing focus on surgical procedures, combined with improvement in wound sealing technologies, has led to advancements in surgical staplers. According to Teleflex's press release in March 2023, a prominent medical technology corporation, partnered with W.L. Gore & Associates to incorporate the “GORE SEAMGUARD” Bioabsorbable Staple Line Reinforcement Material into their cutting-edge Titan SGS® Stapler. This collaboration is geared towards enhancing surgical results by providing enhanced reinforcement and minimizing the chances of complications in minimally invasive surgeries.

  • Investment in surgical equipment enhances the surgical stapler market growth.

The surgical stapler market has become an appealing investment due to the increasing number of surgeries, the growing popularity of minimally invasive procedures, and the advancements in technology, such as the use of bio-absorbable materials. According to a Press Release Bureau report published in December 2023, the financial allocation for the Production Linked Incentive (PLI) scheme, aimed at fostering domestic production of medical devices, amounts to Rs.3420 crore. This scheme became effective in 2020 and will be in effect until 2027-28. The University of Galway and Medtronic joined forces in a €5 million collaboration focused on driving progress in healthcare technology innovation. The partnership will prioritize the development of a robust MedTech ecosystem, the enrichment of Science, Technology, Engineering, and mathematics (STEM) education through innovative initiatives and research facilities, and the promotion of cooperation through the provision of seed funding for collaborative research endeavors.

North America is expected to grow gradually.

North America is anticipated to account for a significant share of the surgical stapler market due to an increase in medical device manufacturing. According to the International Trade Association, in 2022, the medical device market in Canada was valued at US$6.8 billion, with an anticipated annual growth rate of 5.4% until 2028. Total healthcare expenditure in Canada for the same year amounted to around C$331 billion, equivalent to C$8,563 per capita. According to the International Trade Association In the year 2022, the United States is a primary provider in the export of medical devices to Canada. The total value of these exports amounted to US$3.2 billion, making up a substantial 42.6% of the overall imports in the Canadian medical device industry.

Market Restraints:

  • Operating the device poses a challenge that impacts the surgical stapler market growth.

Issues regarding potential complications linked to the improper use of staplers, including bleeding, leaks, or tissue damage. Ongoing research and development are necessary to guarantee the safety and effectiveness of these devices.

  • The high expenses involved in device development have restrained the market expansion.

The development of innovative staplers and significant investment in research and development, regulatory approvals, and intricate manufacturing processes lead to considerable initial costs, potentially impeding smaller companies and limiting their market entry.

Key Developments:

  • In June 2022: Ethicon, a division of Johnson & Johnson MedTech, launched Echelon 3000 Stapler in the United States. The Echelon 3000 advanced tool is specifically crafted to offer surgeons enhanced control and accessibility for a range of minimally invasive surgeries.

Company Products:

  • Manipler AZ: B. Braun Medical has developed the Manipler AZ, a sterile and single-use surgical stapler. The innovative device is specifically designed for routine skin closure after different surgical procedures.
  • Endolc: The ENDOLC is a trademark for a disposable endoscopic linear cutter stapler produced by Frankenman International. These staplers are specifically crafted for application in minimally invasive laparoscopic procedures.
  • EEA circular stapler: The EEA Circular Stapler with Tri-Staple Technology, created by Medtronic, is a surgical stapler specifically designed for circular anastomosis. The innovative device is used to connect two ends of a tubular structure, such as the intestine or blood vessel, during surgical procedures.
  • Mirus disposable skin stapler: The MIRUS Disposable Skin Stapler, created by Meril Life Sciences, is a medical instrument specifically engineered to ensure effective and dependable closure of wounds.
  • Entact septal stapler: produced by Smith+Nephew, is a disposable medical instrument engineered to proficiently seal the nasal septum (the partition of cartilage and bone that divides the nostrils) following septoplasty surgeries.

Segmentation

  • By Product
    • Linear Surgical Stapler  
    • Circular Surgical Stapler  
    • Cutter Stapler
    • Skin Stapler
    • Stapler Reload
  • By Mechanism
    • Manual Surgical Stapler
    • Powered Surgical Stapler
  • By Usage
    • Disposable Surgical Stapler
    • Reusable Surgical Stapler
  • By Application
    • Abdominal Surgery  
    • Obstetrics and Gynecological Surgeries  
    • Cardiac and Thoracic Surgeries  
    • Orthopedic Surgery  
    • Other Surgical Applications
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. SURGICAL STAPLER MARKET BY PRODUCT

5.1. Introduction

5.2. Linear Surgical Stapler   

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.3. Circular Surgical Stapler   

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.4. Cutter Stapler 

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.5. Skin Stapler

5.5.1. Market Trends and Opportunities

5.5.2. Growth Prospects

5.6. Stapler Reload 

5.6.1. Market Trends and Opportunities

5.6.2. Growth Prospects

6. SURGICAL STAPLER MARKET BY MECHANISM

6.1. Introduction

6.2.    Manual Surgical Stapler   

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.3. Powered Surgical Stapler 

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

7. SURGICAL STAPLER MARKET BY USAGE

7.1. Introduction

7.2. Disposable Surgical Stapler

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.3. Reusable Surgical Stapler 

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

8. SURGICAL STAPLER MARKET BY APPLICATION

8.1. Introduction

8.2. Abdominal Surgery   

8.2.1. Market Trends and Opportunities

8.2.2. Growth Prospects

8.3. Obstetrics and Gynecological Surgeries   

8.3.1. Market Trends and Opportunities

8.3.2. Growth Prospects

8.4. Cardiac and Thoracic Surgeries   

8.4.1. Market Trends and Opportunities

8.4.2. Growth Prospects

8.5. Orthopedic Surgery   

8.5.1. Market Trends and Opportunities

8.5.2. Growth Prospects

8.6. Other Surgical Applications 

8.6.1. Market Trends and Opportunities

8.6.2. Growth Prospects

9. SURGICAL STAPLER MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Product

9.2.2. By Mechanism

9.2.3. By Usage

9.2.4. By Application

9.2.5. By Country

9.2.5.1. United States

9.2.5.1.1. Market Trends and Opportunities

9.2.5.1.2. Growth Prospects

9.2.5.2. Canada

9.2.5.2.1. Market Trends and Opportunities

9.2.5.2.2. Growth Prospects

9.2.5.3. Mexico

9.2.5.3.1. Market Trends and Opportunities

9.2.5.3.2. Growth Prospects

9.3. South America

9.3.1. By Product

9.3.2. By Mechanism

9.3.3. By Usage

9.3.4. By Application

9.3.5. By Country 

9.3.5.1. Brazil

9.3.5.1.1. Market Trends and Opportunities

9.3.5.1.2. Growth Prospects

9.3.5.2. Argentina

9.3.5.2.1. Market Trends and Opportunities

9.3.5.2.2. Growth Prospects

9.3.5.3. Others

9.3.5.3.1. Market Trends and Opportunities

9.3.5.3.2. Growth Prospects

9.4. Europe

9.4.1. By Product

9.4.2. By Mechanism

9.4.3. By Usage

9.4.4. By Application

9.4.5. By Country

9.4.5.1. United Kingdom

9.4.5.1.1. Market Trends and Opportunities

9.4.5.1.2. Growth Prospects

9.4.5.2. Germany

9.4.5.2.1. Market Trends and Opportunities

9.4.5.2.2. Growth Prospects

9.4.5.3. France

9.4.5.3.1. Market Trends and Opportunities

9.4.5.3.2. Growth Prospects

9.4.5.4. Italy

9.4.5.4.1. Market Trends and Opportunities

9.4.5.4.2. Growth Prospects

9.4.5.5. Spain

9.4.5.5.1. Market Trends and Opportunities

9.4.5.5.2. Growth Prospects

9.4.5.6. Others

9.4.5.6.1. Market Trends and Opportunities

9.4.5.6.2. Growth Prospects

9.5. Middle East and Africa

9.5.1. By Product

9.5.2. By Mechanism

9.5.3. By Usage

9.5.4. By Application

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.1.1. Market Trends and Opportunities

9.5.5.1.2. Growth Prospects

9.5.5.2. UAE

9.5.5.2.1. Market Trends and Opportunities

9.5.5.2.2. Growth Prospects

9.5.5.3. Others

9.5.5.3.1. Market Trends and Opportunities

9.5.5.3.2. Growth Prospects

9.6. Asia Pacific

9.6.1. By Product

9.6.2. By Mechanism

9.6.3. By Usage

9.6.4. By Application

9.6.5. By Country

9.6.5.1. Japan

9.6.5.1.1. Market Trends and Opportunities

9.6.5.1.2. Growth Prospects

9.6.5.2. China

9.6.5.2.1. Market Trends and Opportunities

9.6.5.2.2. Growth Prospects

9.6.5.3. India

9.6.5.3.1. Market Trends and Opportunities

9.6.5.3.2. Growth Prospects

9.6.5.4. South Korea

9.6.5.4.1. Market Trends and Opportunities

9.6.5.4.2. Growth Prospects

9.6.5.5. Taiwan

9.6.5.5.1. Market Trends and Opportunities

9.6.5.5.2. Growth Prospects

9.6.5.6. Thailand

9.6.5.6.1. Market Trends and Opportunities

9.6.5.6.2. Growth Prospects

9.6.5.7. Indonesia

9.6.5.7.1. Market Trends and Opportunities

9.6.5.7.2. Growth Prospects

9.6.5.8. Others

9.6.5.8.1. Market Trends and Opportunities

9.6.5.8.2. Growth Prospects

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. ConMed Corporation

11.2. B. Braun Melsungen AG

11.3. Johnson & Johnson (Ethicon)

11.4. Frankenman International Limited

11.5. Intuitive Surgical Inc.

11.6. Medtronic PLC

11.7. Meril Life Science Pvt. Ltd

11.8. Smith & Nephew

11.9. 3M Company

11.10. Welfare Medical Ltd.


ConMed Corporation

B. Braun Melsungen AG

Johnson & Johnson (Ethicon)

Frankenman International Limited

Intuitive Surgical Inc.

Medtronic PLC

Meril Life Science Pvt. Ltd

Smith & Nephew

3M Company

Welfare Medical Ltd.