According to a newly published report by Research Nester on “North America Surgical Staplers Market: Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global North America surgical staplers market in terms of market segmentation by usage, by technology, by end users and by geography.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Rise in the demand for minimally invasive surgeries, increased adoption of surgical staplers over orthodox surgical sutures in developing and developed countries, and technological advancements in the medical devices market are expected to boost the market growth. Rapid increase in cancer, obesity and cardiovascular diseases in North America region are expected to contribute towards rise in the number of open and minimally invasive surgeries. Attributing to these factors, the North America surgical staplers market is anticipated to record a CAGR of around 8.1% during the forecast period i.e. 2019-2027 and is estimated to surpass USD 2.6 Billion by 2027.
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The market is segmented by usage into reusable and disposable out of which, the disposable segment is anticipated to have leading shares on account of ease of use, no chances of cross infection and no need for cleaning and sterilization.
The market is segmented by technology into manual and powered devices out of which, the manual devices segment is anticipated to have leading shares owing to the availability of various manual stapler brands around the world.
The market is segmented by end users into hospitals, clinics, ambulatory surgical centers and others out of which, the hospitals segment is anticipated to have leading shares owing to high number of surgical procedures being performed in hospitals of different specialty.
U.S. is anticipated to hold the largest share owing to the technological advancements, increase in the number of surgical procedures and increased prevalence of minimal invasive surgeries. Recent enhancements in the minimally invasive surgeries have led to the development of special devices for laparoscopic and thoracoscopic surgeries that involve the use of surgical staplers.
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Complications in Usage and Stringent Registration Procedures
According to the U.S. Food and Drug Administration (FDA), use of surgical staplers has resulted in 8,000 to 9,000 complications every year in the U.S. and many injuries or death due to failure of staples and staplers that do not properly form. Furthermore, stringent procedure for all the medical devices to be approved by the FDA as this process may take many years for the companies to be a part of FDA. These factors are expected to hamper the growth of the market during the forecast period.
This report also provides the existing competitive scenario of some of the key players of the North America surgical staplers market which includes company profiling of
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the North America surgical staplers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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