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Surgical Stapling Devices Market Size to Worth USD 7.38 Billion in 2025

The global surgical stapling devices market size is expected to reach USD 7.38 billion by 2025 at an 8.13 percent CAGR. The application of surgical staplers has gradually evolved from invasive surgeries to minimally invasive surgeries. With the introduction of advanced surgical staplers, difficulties associated with the use of conventional staplers have been overcome. Obesity is increasing among adults as well as adolescents due to high prevalence of factors such as sedentary lifestyle and unhealthy diet patterns in this age group. In case of eating habits, people are more inclined toward fast food rather than healthy food. Increasing stress and busy schedules are both causing people to consume packed and processed food. Severe cases of obesity cause other conditions, such as diabetes and cardiovascular conditions, resulting in many opting for bariatric surgery. According to 2014 data released by the Canadian Institute for Health Information (CIHI), the number of bariatric surgeries has drastically increased from 1600 in 2006-2007 to 6000 in 2012-2013. This is indicative of the high demand for these surgeries owing to increasing awareness about surgical options for weight loss.

Further key findings from the report suggest:

  • By product, manual surgical stapling devices dominated the market in terms of revenue in 2017. However, the powered segment is expected to witness strong growth. Alarming number of emergency cases can lead to surgical fatigue, thereby, reducing productivity. Powered stapling devices allow surgeons to perform more number of surgeries in emergency wards.
  • Need for disposable devices are expected to grow at a rapid rate due to heightened concerns regarding communicable infections. Disposable staples are made of plastic, whereas reusable staples are made of stainless steel. Both disposable and reusable staples have disposable cartridges.
  • Reusable staplers generate lesser surgical waste. Efforts to sterilize these devices equal the environmental impact of disposable staples. As a result, demand for disposable devices is expected to grow owing to increasing concerns related to transfer of infections.
  • North America dominated the overall market in terms of revenue in 2017. Demand for surgical staples is expected to increase owing to rise in bariatric surgeries, introduction of powered staples, and growing need for tissue and wound management. The application of surgical staples has gradually increased from endoscopic surgery to endoscopic and laparoscopic surgeries.
  • Key industry contributors include Covidien plc (Medtronic); Ethicon Endo-Surgery, Inc.; Intuitive Surgical, Inc.; United States Surgical Corp; Cardica, Inc.; Zimmer Holdings, Inc.; Stryker Corporation; Smith & Nephew plc; Conmed Corporation; and CareFusion Corporation. – Grand View Research

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