Surgical Staplers Market Size By Product (Linear Staplers, Circular Staplers, Skin Staplers, Endoscopic Staplers), By Technology (Manual, Powered), By Usability (Reusable, Disposable), By Surgery (Gynaecology Surgery, Cardiac Surgery, Bariatric Surgery, Colorectal Surgery), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027

Industry Trends

Surgical Staplers Market size exceeded USD 3.97 billion in 2020 and is predicted to grow at over 8.3% CAGR from 2021 to 2027. The rise in number of overall surgeries, use of surgical staplers in complex chronic surgeries such as cardiac surgery is among the primary growth pointers enhancing the market growth.
 

To get more details on this report: Request Free Sample PDF
 

Growing adoption of surgical staplers especially in developed economies coupled with availability of technologically advanced product range owing to robust research and development programs of major industry players are fostering the market expansion. Furthermore, increasing prevalence of cardiovascular diseases along with a rise in the geriatric population across the globe is contributing to the market progression.
 

The COVID-19 pandemic has had a negative effect on the patients who require surgical care. As patients undergoing surgical care prefer to have a special contact and relationship with the surgeons which cannot be replaced by telehealth. Initially, due to spread of virus there was unavailability of doctors, and shortage of adequate protection for all healthcare personnel, also, elective surgeries were postponed or cancelled worldwide. Moreover, nationwide lockdowns and closures have recorded several disruptions in healthcare supply chain, which have further affected the market revenue. Thus, considering the sharp decline in number of surgeries, the industry growth has taken a notable hit in the ongoing pandemic.
 

Increase in number of surgical procedures in North America will augment the surgical staplers market demand

North America is witnessing a notable rise in the number of overall surgeries performed annually. The region's growth is primarily driven by rise in number of cardiovascular and gynaecological surgeries. As per the recent research article, there were over 377,000 cardiovascular surgeries conducted in North America in 2014 which is expected to reach over 461,000 by the end of 2021. Similarly, according to a report from the Canadian Institute for Health Information (CIHI), there is a rise in proportion of women delivering babies via caesarean section in the country. Thus, all these pointers indicate the fact that surgical staplers can become a potential preference in surgeries across the region.
 

Numerous applications of circular staplers will spur the segment growth

 The circular stapler segment held 31% of the market share in 2020 led by the increase in use of circular staplers in range of applications including general surgery, surgical obesity treatment and various other complicated surgeries. Additionally, the growing acceptance of these staplers in end-to-end, side-to-end, and side-to-side anastomosis will expand the market value.
 

Increasing automation in healthcare sector across the globe will boost the segment expansion

The powered segment in the surgical staplers market accounted for over USD 2.92 billion in 2020 impelled by numerous benefits offered by these staplers including accurate wound closure, fewer leaks, stability and less compressive force. The increased research and development activities in order to improve the operational capabilities of powered surgical staplers will open new avenues for the industry progression. Also, ease of use and reduced hospitalization cost in comparison to manual staplers will fuel the market growth.
 

Rising demand for disposable staplers will positively impact the industry expansion

The disposable segment captured more than USD 2.71 billion in 2020 on account of the increasing usage of disposable staplers in complex chronic surgeries including heart surgeries. Disposable staplers are considered a preferred choice for minor wounds and post-operative wound closure. All such factors will result in increased product demand thereby driving the segment value.
 

Growing preference towards elective cesarean deliveries will influence the industry growth

To get more details on this report: Request Free Sample PDF
 

The gynaecology surgery segment valued at USD 612 million in 2020. The increasing proportion of caesarean deliveries in comparison to normal deliveries will propel the market expansion. According to the Centers for Disease Control and Prevention (CDC), in 2019, around 1.2 million caesarean deliveries were conducted in the U.S. Thus, the rising proportion of caesarean deliveries will result in increased adoption of surgical staplers.
 

Rise in healthcare spending coupled with product advancement in North America will augment the regional growth

To get more details on this report: Request Free Sample PDF
 

In 2020, U.S. surgical staplers market dominated around 96% of revenue share in the North America region. Availability of well-established healthcare infrastructure coupled with rising healthcare spending will drive the market size in the country. According to the U.S. Centers for Medicare & Medicaid Services, healthcare spending was USD 3.81 trillion in 2019 and it is estimated to reach a massive USD 6.19 trillion in 2028. Thus, this huge rise in healthcare spending will result in increased demand for surgical staplers, thereby resulting in business expansion. Also, surge in number of surgeries per year, shift from traditional suture-based surgeries to modern surgical staplers are other supporting factors for the industry revenue. In addition, availability of effective insurance coverage plans and reimbursement policies will further boost the acceptance of surgical staplers.
 

The Brazil market size was more than 142 million in 2020. The increasing prevalence of heart diseases in the country is anticipated to be the primary growth factor for the industry. Cardiovascular diseases (CVDs), account for around 31% of total deaths in Brazil. The country is also witnessing notable rise in obesity. All these pointers indicate the fact that the rise in number of cases will, in turn, expand the product demand during surgeries, thereby fostering the industry demand. Also, there is a substantial rise in number of gynaecology surgeries in the country that will further attract adoption of surgical staplers.
 

Presence of major industry players implementing strategic initiatives will contribute to the market progression

Medtronic, B. Braun Melsungen AG, Ethicon, 3M, Purple Surgical, Meril Life Sciences Pvt Ltd., and Intuitive Surgical Inc. are some of the major companies operating in the market. Acquisitions of new companies along with acceptance of organic growth strategies to remain competitive in the market are among major strategies in the industry. Partnerships with other participants in order to enhance product offerings, help the companies to increase their customer base by offering advanced products.
 

Surgical staplers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027, for the following segments:

Click here to Buy Section of this Report

Market, By Product, 2016 - 2027 (USD Million)

• Linear staplers
• Circular staplers
• Skin staplers
• Endoscopic staplers
• Others

Market, By Technology, 2016-2027 (USD Million)

• Manual
• Powered

Market, By Usability, 2016-2027 (USD Million)

• Reusable
• Disposable

Market, By Surgery, 2016-2027 (USD Million)

• Gynaecology surgery
• Cardiac surgery
• Bariatric surgery
• Colorectal surgery
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE