Surgical Stapling Devices Market Scope
Surgical Stapling Device is medical device which is used to place surgical staples. Surgical staples are specialized staples used in surgery in place of sutures to close skin wounds, connect or remove parts of the bowels or lungs.
The global Surgical Stapling Devices market is fragmented. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Surgical Stapling Devices market throughout the predicted period.
Johnson & Johnson (United States), Medtronic plc (Ireland), B.Braun (Germany), Becton, Dickinson and Company (United States), CONMED (United States), Grena (United Kingdom), Frankenman (China), Purple surgical (United Kingdom) and RZ Medizintechnik (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Kangdi (China) and Reach Surgical (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Surgical Stapling Devices market by Type (Powered Surgical Stapling Device and Manual Surgical Stapling Device), by Application (Gastrointestinal Surgery, Gynecologic Surgery, Thoracic Surgery and Others) and Region with country level break-up.
On the basis of geography, the market of Surgical Stapling Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Sep 2019 – Johnson & Johnson Medical Devices Companies* announced that Ethicon** has launched the industry’s first powered circular stapler. The ECHELON CIRCULAR Powered Stapler reduces leaks by 61% at the staple line compared to Medtronic’s DST Series™ EEA™ Stapler.
FDA has issued a proposed rule to up classify surgical staplers for internal use as class II medical devices, subject to special controls and pre-market notification. Currently, both internal and external surgical staplers are classified as class I, subject to general controls and do not require a pre-market submission. External staplers will remain in class I.
Market Trend
- Approval and Launch of New Devices
Market Drivers
- Increased Number of Surgical Procedures
- Rising Awareness about the Availability and Use of Advanced Surgical Equipment
Opportunities
- Rising Demand for Powered Surgical Instruments and Accessories in Emerging Economies
- Increasing Geriatric Population and Growing Prevalence of Chronic Disease coupled with Increasing Health Care Expenditure in Developing Countries
Restraints
- High Cost of Surgical Stapling Devices
Challenges
- Concern related to Injuries after Removing Stapler
Key Target Audience
Surgical Stapling Devices Manufacturers, Surgical Stapling Devices Suppliers/Distributors, Raw Material Suppliers, Healthcare Industry, Potential Investors, Research Firm, Government Agencies and Others