Surgical Stapling Devices Market based on research on the subject primarily focusing on growth drivers, restraints, that will help vendors see a clear vision of the future market. It enlists the names of market players and strategies adopted by them to earn high market revenue in the forecast period.
The rising prevalence of chronic diseases is expected to contribute positively to the “surgical stapling devices market“, says Fortune Business Insights in a report, titled “Surgical Stapling Devices Market Size, Share and Industry Analysis, By Product Type (Powered, Manual), By Type (Disposable, Re-usable), By Application (Gynecology Surgery, Urology Surgery, General Surgery, Others), By Surgery Type (Open Surgery, Laparoscopic Surgery), By End-user (Hospitals, Speciality Clinics, Others) and Regional Forecast, 2019-2026.”
The global surgical stapling devices market size was valued at USD 2.16 Billion in 2018 is expected to reach USD 3.81 Billion by 2026, exhibiting a CAGR of 7.4% between 2019-2026. As per the report of Surgical Stapling Devices Market, the increasing number of surgical procedures and types of incisions performed will benefit the market during the forecast period.
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According to the data published by OECD, estimated 200,000 cesarean section procedures were carried out in the year 2017 in UK. Furthermore, the increasing number of bariatric surgeries is expected to propel the growth of the market. In addition, the rising adoption of surgical staplers owing to the advantages the surgical staples offer compared with the traditional suturing and stitching methods will create growth opportunities for the surgical stapling devices market.
Leading Players operating in the Surgical Stapling Devices Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Increasing cases of Cancer Will Facilitate Growth
The increasing cases of radical mastectomy and rising number of surgical procedures will aid the market. According to OECD statistics, an estimated 17,000 mastectomy in-patient cases were recorded in U.S for 2017. The rising number of visits to ambulatory surgical centers and growing incidence of chronic disease such as cancer will boost the market growth. The surge in laparoscopic procedures owing to the its advantages such as smaller incision, lesser hospital stays and lower cost associated with the procedure will augment the growth of the market. According to the statistical analysis by Healthcare Cost and Utilization Project, and estimated 100,500 laparoscopic gastrointestinal surgeries were performed in ambulatory surgical centers in U.S for the year 2014.
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Detailed Table of Content:
Continued….
Market Segmentation:
Surgical Stapling Devices Market Segments by Product Type
Surgical Stapling Devices Market Segments by Type
Surgical Stapling Devices Market Segments by Application
Surgical Stapling Devices Market Segments by Surgery Type
By End-user
By Geography
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