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Surgical Staplers Market Size
- Report ID: GMI1903
- Published Date: Jul 2023
- Report Format: PDF
Surgical Staplers Market Size
Surgical Staplers Market size was worth USD 5.6 billion in 2023 and is estimated to witness more than 7.7% CAGR from 2024 to 2032 driven by the rising preference for staplers in comparison to sutures mainly across developing regions.
The growing number of surgeries will drive the market growth. According to estimates, over 1000 surgical operations are performed each year in emerging countries. Surgical staplers offer various advantages, including affordability, precision, faster outcomes, and cause lesser risk of infections than stitches. Staplers are also employed in surgical operations that are previously impossible to perform due to restricted access to older techniques. The increasing benefits provided by surgical staplers in reducing post-operative problems over alternative approaches will also drive the market expansion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Surgical Staplers Market Size in 2023: | 5.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.7% |
| 2032 Value Projection: | 10.9 Billion |
| Historical Data for: | 2018 to 2023 |
| No. of Pages: | 170 |
| Tables, Charts & Figures: | 348 |
| Segments covered: | Product, Technology, Usability, Surgery and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The adverse incidents and product problems associated with surgical staplers and the subsequently rising concerns amongst regulators in numerous nations will limit the market growth. Surgical staplers are intricate medical instruments, and any problems with their design, production, or quality control can pose serious impacts. The growing intervention by regulatory authorities to tighten the inspections of safety and performance of devices, resulting in more strict rules and post-market surveillance obligations will also limit the product demand to some extent.
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Surgical Staplers Market Scope
