Pune, India -- (SBWire) -- 02/15/2018 --"Global Surgical Staplers Market, By Product Type (Manual, Powered), Type (Disposable,Reuse),Application(Abdominal, Pelvis, General Surgery, Cardiac, Thoracic, Orthopedic, Hemorrhoids, Cosmetic, Pediatric),End User(Hospital, ASC, Clinic),Distribution Channel (Retail, Direct Tenders), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa, Rest of the World) – Trends and Forecast to 2024", is projected to expected to reach USD 6.9 billion by 2024, from USD 3.7 billion in 2016 growing at a CAGR of 8.10% during the forecast period from 2017 to 2024.
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Global Surgical Staplers Market – Market Segmentation:
The Global Surgical Staplers Market is segmented on the basis of product type, type, application, end user, distribution channel, and geography.
1. By Product Type
- Manual
- Powered
2. By Type
- Disposable
- Reuse
3. By Application
- Abdominal
- Pelvis
- General Surgery
- Cardiac, Thoracic
- Orthopedic
- Hemorrhoids
- Cosmetic
- Pediatric
4. By End User
- Hospital
- ASC
- Clinic
5. By Distribution Channel
- Retail
- Direct tenders
6. Surgical Stapplers Market – Geographical Segmentation
- North America
- South America Europe
- Asia-Pacific
- Middle East and Africa
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Global Surgical Staplers Market – Key Market Points:
The surgical staplers market has several factors such as rising prevalence of obesity, increasing geriatric population, increasing technological advances, increasing number of surgical procedures and growing preference for minimally invasive surgeries that are contributing towards the growth of the market. According to WHO (World Health Organization), in 2014, 1.9 billion population in the age group of 18 and above were overweight, out of these around 600 million people were obese. According to Directorate for Employment, Labor and Social Affairs, OECD (Organization for Economic Co-operation and Development)), in 2014, obesity in Australia, France, Mexico and Switzerland has increased by a further 2-3%. The growing popularity for the cosmetic surgeries and increasing healthcare demand in the developing countries are also driving the market. Due to complex surgeries, increase in patient volume and favorable reimbursements hospitals is going to dominate the surgical staplers market.
In developing countries such as India, China and Brazil surgical staplers are widely used for bariatric surgeries. Shortage of trained staff, skin infections and regulatory scenario are the factors that are restraining the growth of the market. To avoid the spread of pathogens, more and many reusable staples and disposable devices are being promoted by the Centers for Disease Control and Prevention (CDC). To avoid the infections the U.S. Food and Drug Administration (FDA) is also taking preventative measure and ensuring that the protocols regarding medical devices and sterilization need to be followed strictly.
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Global Market Growth $6.9 Billion Surgical Staplers Market by Product Type, Application, End User Research Analysis and Forecast Till 2024
According to Data Bridge Market Research new Market report “Global surgical stapplers market” report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America surgical staplers market.