Surgical Staplers - Market Insights, Competitive Landscape, and Market Forecast - 2030

Surgical Staplers Market By Product (Linear Surgical Stapler, Circular Surgical Staplers, Cutter Stapler, Skin Staplers, And Others), Application (Cardiac And Thoracic Surgeries, Orthopedic Surgeries, Abdominal And Pelvic Surgeries, And Other Surgical Procedures), Type (Manual Surgical Stapler And Powered Surgical Stapler), And Geography (North America, Europe, Asia-Pacific, And Rest Of The World) is expected to grow at a steady cagr forecast till 2030 owing to the increasing incidence of various surgical procedures across the globe and several advantages and applications offered by surgical staplers over sutures

The global surgical staplers market was valued at USD 4.92 billion in 2023, growing at a CAGR of 6.88% during the forecast period from 2024 to 2030 to reach USD 7.81 billion by 2030. The demand for surgical staplers is primarily being boosted by the increasing incidence of various surgical procedures across the globe. Additionally, several advantages and applications offered by surgical staplers over sutures and the rising prevalence of chronic disorders such as cardiovascular diseases, colorectal cancers, and obesity are some of the key factors, which is aiding the growth of the surgical staplers market during the forecast period from 2024-2030.

Surgical Staplers Market Dynamics:

According to the World Health Organization 2023, it was stated that more than 1.9 million new cases of colorectal cancer were reported in the year 2020. As per the same source, colon cancer was the second leading cause of cancer-related deaths worldwide.

Additionally, as per the American Heart Association 2022, globally, about 244.1 million people were living with coronary (ischemic) heart disease in 2020. As per the same source, North Africa, the Middle East, Central and South Asia, and Eastern Europe had the highest prevalence rates of coronary (ischemic) heart disease in the world in 2020. Thus, the rising prevalence of chronic disorders such as colorectal cancer, cardiovascular disorders, and others may lead to complications or advanced disease stages that require more complex surgical procedures. In such cases, surgical staplers are often preferred over traditional suturing methods due to their efficiency, precision, and ability to create secure tissue closures, which will in return propel the surgical staplers market during the forecast period.

According to a study titled "Trauma of major surgery: A global problem that is not going away" published in 2020 estimated that globally, around 310 million major surgeries are performed every year on average. Thus, the rising incidence of surgical procedures will increase the demand for surgical staplers as these are commonly used in various surgical procedures such as gastrointestinal, thoracic, and gynecological surgeries, thus resulting in the positive growth of the surgical staplers market.

However, the high cost associated with surgical staplers and the availability of alternate products are some of the key constraints that may limit the growth of the Surgical Staplers market.

Surgical Staplers Market Segment Analysis:

Surgical staplers market by Product (Linear Surgical Stapler, Circular Surgical Staplers, Cutter Stapler, Skin Staplers, and Others), Application (Cardiac and Thoracic Surgeries, Orthopedic Surgeries, Abdominal and Pelvic Surgeries, and Other Surgical Procedures), Type (Manual Surgical Stapler and Powered Surgical Stapler), and Geography (North America, Europe, Asia-Pacific, and Rest of the World)

In the type segment of the surgical staplers market, the powered surgical staplers category is estimated to amass a significant revenue share in the Surgical Staplers market in 2023. This can be attributed to the various advantages provided by the powered surgical staplers. Powered staplers provide consistent staple formation and firing, ensuring uniform closure of tissue. This consistency reduces the risk of postoperative complications such as leaks or bleeding, which can occur with manual staplers due to variations in technique or hand strength. Additionally, powered staplers are typically easier to operate than manual staplers, requiring less force to fire and manipulate. This ease of use can reduce surgeon fatigue during lengthy procedures and enhance overall efficiency in the operating room. Further, powered staplers can significantly reduce procedural time compared to manual staplers. The automated firing mechanism allows for faster staple deployment and tissue closure, streamlining surgical workflows and potentially shortening overall operative time.

Furthermore, as the demand for this segment grows, various novel products are being launched by industry players in the market. For example, in March 2021, Ethicon launched a New Echelon+ Stapler with GST reloads to increase staple line security and reduce complications in surgery.

Therefore, owing to the above-mentioned factors, the powered surgical staplers category is expected to register significant growth, thereby driving the growth of the overall surgical staplers market during the forecast period.

North America Is Expected To Dominate The Overall Surgical Staplers Market:

North America is projected to hold the largest share of the surgical staplers market among all regions in 2023, primarily attributed to the elevated incidence of chronic ailments in the area. Furthermore, the region benefits from advanced healthcare infrastructure, vigorous research and development activities, and a thriving market conducive to product innovation and launches, all contributing to the expansion of the surgical staplers market in North America.

As per the data provided by the Centers for Disease Control and Prevention 2023, it was stated that around 142,462 cases of colon and rectum cancer were reported in the US in 2019. Thus, the rising prevalence of chronic disorders such as colorectal cancer and cardiovascular disorders, in the region will create a need for the treatment and management of such disorders, therefore leading to the growth of the surgical staplers market in the United States, which will further propel the Surgical Staplers market in North America.

Further, various key product launches and product approvals in the region are some of the other factors that are influencing the positive growth of the market in North America. For Example in June 2022 Ethicon launched the ECHELON 3000 Stapler, a digitally enabled device that provides surgeons with simple, one-handed powered articulation to help address the unique needs of their patients.

Therefore, the factors mentioned above, and the ongoing product launches and approvals are the key factors responsible for driving the overall market for surgical staplers in North America during the forecast period.

Surgical Staplers Market Key Players:

Some of the key market players operating in the Surgical Staplers market include Medtronic, Johnson & Johnson, 3M, CONMED Corporation, B. Braun SE, Intuitive Surgical Inc., Smith & Nephew, Lepu Medical Technology (Beijing) Co., Ltd., Victor Medical Instruments Co., Ltd., Welfare Medical Ltd., Reach Surgical, Frankenman International Ltd., Meril Life Sciences Pvt. Ltd., Hologic, Grena Ltd., Purple Surgical, Dextra Surgical Inc., Cooper Surgical Inc., Lexington Medical., Zimmer Biomet, and Others.

Recent Developmental Activities In The Surgical Staplers Market:

• In February 2022, Standard Baroatric Inc. achieved Final series B funding of USD 35 million ahead of schedule after the launch of the Titan SGS staplers.
• In December 2021, Intuitive Surgical Inc. received clearance from the US FDA for its fully wristed, 8mm SureForm 30 Curved-Tip Stapler.

Key Takeaways From The Surgical Staplers Market Report Study

• Market size analysis for current Surgical Staplers Market size (2023), and market forecast for 6 years (2024-2030)
• Top key product/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
• Key companies dominating the Surgical Staplers market.
• Various opportunities available for the other competitors in the Surgical Staplers Market space.
• What are the top-performing segments in 2023? How these segments will perform in 2030?
• Which are the top-performing regions and countries in the current Surgical Staplers market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for Surgical Staplers market growth in the coming future?

Target Audience Who Can Be Benefited From This Surgical Staplers Market Report Study

• Surgical Staplers product providers
• Research organizations and consulting companies
• Surgical Staplers -related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and Traders dealing in Surgical Staplers
• Various End-users who want to know more about the Surgical Staplers Market and the latest technological developments in the Surgical Staplers market.

Frequently Asked Questions For The Surgical Staplers Market:

1. What is meant by Surgical Staplers?

Surgical staplers are medical devices used during surgical procedures to close wounds or surgical incisions quickly and securely.

2. What is the market for Surgical Staplers?

The surgical staplers market was valued at USD 4.92 billion in 2023, growing at a CAGR of 6.88% during the forecast period from 2024 to 2030 to reach USD 7.81 billion by 2030.

3. What are the drivers for the global Surgical Staplers market?

The Surgical Staplers market is slated to witness prosperity owing to factors the increasing incidence of various surgical procedures across the globe. Additionally, several advantages and applications offered by surgical staplers over sutures and the rising prevalence of chronic disorders such as cardiovascular diseases, colorectal cancers, and obesity are some of the key factors, that are aiding the growth of the Surgical Staplers market during the forecast period from 2024-2030.

4. Who are the key players operating in the global Surgical Staplers market?

Some of the key market players operating in the Surgical Staplers market include Medtronic, Johnson & Johnson, 3M, CONMED Corporation, B. Braun SE, Intuitive Surgical Inc., Smith & Nephew, Lepu Medical Technology (Beijing) Co., Ltd., Victor Medical Instruments Co., Ltd., Welfare Medical Ltd., Reach Surgical, Frankenman International Ltd., Meril Life Sciences Pvt. Ltd., Hologic, Grena Ltd., Purple Surgical, Dextra Surgical Inc., Cooper Surgical Inc., Lexington Medical., Zimmer Biomet, and Others.

5. Which region has the highest share in the global Surgical Staplers market?

North America is expected to dominate the overall surgical staplers market during the forecast period, 2024 to 2030. This is due primarily attributed to the elevated incidence of chronic ailments in the area. Furthermore, the region benefits from advanced healthcare infrastructure, vigorous research and development activities, and a thriving market conducive to product innovation and launches, all contributing to the expansion of the surgical staplers market in North America.