FMI’ Analyst view: “Sealing Success: Exploring the Booming Powered Surgical Staplers Market”

FMI’ Analyst view: “Sealing Success: Exploring the Booming Powered Surgical Staplers Market”

The global powered surgical staplers market is expected to grow at a CAGR of 7.8% over the forecast period. The market value is projected to increase from US$ 2.0 billion in 2023 to US$ 4.2 billion by 2033. The powered surgical staplers market was valued at US$ 1.9 billion at the end of 2022 and is anticipated to exhibit Y-o-Y growth of 7.1% in 2023.

Due to the developments in surgical technology and an increasing inclination for minimally invasive procedures, surgical staplers, both manual staplers and powered staplers, have played a pivotal role in transforming modern surgical practices. The powered surgical staplers segment, driven by these cutting-edge technologies, has grown dramatically in recent years.

These innovative powered staplers provide precision, speed, and safety, resulting in fewer complications and better patient outcomes as compared to sutures. Powered surgical staplers are becoming increasingly important in a variety of specialties, ranging from gastrointestinal to bariatric surgery, as the global healthcare landscape advances. The powered surgical staplers market is positioned for ongoing expansion, meeting the demands of modern surgical practices, generating improved surgical experiences, thanks to increased demand for efficient and effective surgical equipment, and developing healthcare infrastructure.

Brief Outlook of Key Opportunities Propelling the Global Market

The growing number of surgical procedures like abdominal surgery and thoracic surgery worldwide is a key driver for the powered surgical staplers market. As medical interventions become more prevalent due to an increased incidence of chronic diseases like appendicitis, hernia and to treat varicose veins and evolving surgical techniques, the demand for advanced tools like powered staplers rises.

These devices offer efficiency, accuracy, and reduced operating times, making them essential in various surgical specialities. The trend toward minimally invasive procedures also fuels adoption, as powered staplers enable precise tissue closure, contributing to better patient outcomes and shorter recovery periods. This surge in surgical cases propels the market’s growth trajectory, emphasizing the crucial role of powered surgical staplers in modern healthcare practices.

Country-wise insights

United States – a Booming Market for Powered Surgical Staplers

The United States dominates the global market with 30.9% market share in 2022 and is projected to continue experiencing high growth throughout the forecast period. The increased number of bariatric procedures in the United States is a significant market growth factor for powered surgical staplers. As obesity rates rise, so does the need for weight loss operations.

According to the article published in the Journal Annals of Surgery on February 2021, about 30 million persons in the United States meet NIH (National Institute of Health) requirements for bariatric surgery.

Powered staplers are essential in these procedures for ensuring secure tissue closure, decreasing postoperative problems, and promoting speedier recovery. Their precision and efficiency are in line with the unique requirements of bariatric surgeries, which is boosting acceptance. With a rising emphasis on living a better lifestyle, the bariatric surgery trend is projected to continue, boosting demand for advanced-powered surgical staplers designed specifically for this medical field.

Analysis of Key Factors Making China a Highly Lucrative Market

China held 7.6% of the global market share in 2022. In China, the increasing number of surgical procedures is a significant market growth factor for powered surgical staplers. The country’s expanding healthcare infrastructure and rising prevalence of chronic diseases all contribute to an increased need for surgical procedures.

According to the article published in Journal Surgery in Practice and Science on December 2021, the number of tension-free hernia repair surgeries in China is projected to have reached 1 million in 2015, with an annual increase of 20% to 30%.

Powered staplers improve surgical efficiency, decrease operative time, and improve patient outcomes. As China’s medical landscape advances, the adoption of innovative surgical equipment such as powered staplers becomes critical, fueling market growth and providing optimal healthcare delivery.

Brief Assessment of Germany as an Emerging Market for Powered Surgical Staplers

Germany holds about 7.0% share of the global market in 2022 and is projected to increase during the forecast period. Germany’s emphasis on preventing contamination in surgical operations drives the growth of the powered surgical staplers market. These devices provide sterile, single-use options, lowering the danger of infection, which is a major concern in modern healthcare settings.

Powered staplers provide for precise and rapid tissue closure, reducing exposure time and potential contamination sources. As infection control remains a primary priority, powered surgical staplers meet Germany’s demanding healthcare requirements, propelling their use in a variety of surgical specialties.

The desire for improved patient safety and results underpins this market development factor, underscoring the significance of sophisticated stapling technology.

Competitive Landscape

  • Leading powered surgical stapler firms prioritize strategic collaborations as they attempt to develop new product lines and increase their global consumer base.
  • In March 2022, the SiderluxTM Powered endoscopic stapler, invented and built independently by a Bluesail Surgical subsidiary, recently received clearance for marketing.
  • Similarly, recent developments related to companies in the powered surgical staplers market have been tracked by the team at Future Market Insights, which are available in the full report.

 

www.futuremarketinsights.com

 

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