06-Feb-2020 | Facts and Factors
Facts and Factors has authored “Surgical Staplers Market By Surgery Type (open Surgery, and Laparoscopic Surgery), and By Application (General Surgery, Cardiac & Thoracic Surgery, Abdominal & Pelvic Surgery and Others), and By End-Users (Hospitals, and Ambulatory Surgical Centers (ASCS) & Clinics): US Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the US Surgical Staplers market in 2019 is approximately USD 1,200 Million and to reach around USD 2,000 Million by 2026. The anticipated CAGR for the surgical staplers market is around 7.4% from 2019 to 2026.
Surgical staplers are explicit staplers that are essentially utilized in different medical procedures for closing skin wounds or to take out pieces of the lungs or entrails. Surgical staplers are picked over stitches since they are exact, simpler, predictable, and quicker to utilize overhand sutures. The US Surgical staplers industry gives various rewarding chances to different ventures, associations, merchants, and affiliations working over the US. Developments in the number of surgeries over the US, combined with expanding inclinations for negligibly intrusive medical procedures are main considerations driving the development of the US to advertise. What's more, different innovative headways in the Surgical stapler advertise to give quicker healing to patients is another factor expected to push the development of the objective market sooner rather than stitches. Further, inclinations for Surgical staplers over stitches are likewise foreseen to fuel target market development over the figure time frame.
Browse the full “Surgical Staplers Market By Surgery Type (open Surgery, and Laparoscopic Surgery), and By Application (General Surgery, Cardiac & Thoracic Surgery, Abdominal & Pelvic Surgery and Others), and By End-Users (Hospitals, and Ambulatory Surgical Centers (ASCS) & Clinics): US Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026” report at https://www.fnfresearch.com/surgical-staplers-market
For the growth of the US surgical staplers market, an increase in the number of surgical procedures worldwide is recognized as one of the key driving factors. As, Surgical staplers are preferred in most surgeries such as in the thoracic surgical procedures, wound closure and work-related injuries. Key players operating in the surgical stapler industry are majorly derived towards the development of cost-effective and easy-to-use surgical staplers with advanced technology. One of the factors restraining the growth of the target market is High costs associated with the surgical staplers.
Based on segmentation the market can be classified on the basis of by surgery type, by application, and by end-user. Based on the surgery type, the open surgery segment accounted for the largest share of the US Surgical Staplers market in 2019. Further, by application segments include General Surgery, Cardiac & Thoracic Surgery, Abdominal & Pelvic Surgery and Others in which cardiac & thoracic surgery accounts for the market share of around 39% and is expected to dominate in the target market. Additionally, it can be segmented into end-users, which includes Hospitals, and Ambulatory Surgical Centers (ASCS) & Clinics in which Hospitals account for the major share of around 64% and is expected to dominate in the surgical staplers market.
Based upon the region the US surgical stapler market has been categorized as Northeast, Midwest, West, and South. In terms of revenue, the South region is expected to dominate the US market relative to markets in other regions during the 2019-2026 forecast period. Due to the high adoption rate of advanced technology South region had a major market share for the Surgical Staplers market.
The key players operating in the market are Medtronic, Johnson & Johnson Services Inc, 3M, B. Braun Melsungen AG, Smith+Nephew, Intuitive Surgical, Conmed Corporation, Welfare Medical Ltd, Purple Surgical Inc, and Frankenman International. Companies operating in the target market are focusing on strategic partnerships such as mergers and acquisitions in order to get a competitive edge in the US market.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 1,200 Million |
Projected Market Size in 2026 |
USD 2,000 Million |
CAGR Growth Rate |
7.4% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Medtronic, Johnson & Johnson Services Inc, 3M, B. Braun Melsungen AG, Smith+Nephew, Intuitive Surgical, Conmed Corporation, Welfare Medical Ltd, Purple Surgical Inc, and others. |
Key Segment |
By Surgery, Application, End-Users, and Region |
Major Countries Covered |
Northeast, Midwest, West, South |
Purchase Options |
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This report segments the Surgical Staplers market as follows:
US Surgical Staplers Market: By Surgery Type Segment Analysis
- open Surgery
- Laparoscopic Surgery
US Surgical Staplers Market: By Application Segment Analysis
- General Surgery
- Cardiac & Thoracic Surgery
- Abdominal & Pelvic Surgery
- Others
US Surgical Staplers Market: By End-Users Segment Analysis
- Hospitals
- Ambulatory Surgical Centers (ASCS) & Clinics
US Surgical Staplers Market: Regional Segment Analysis
- Northeast
- Midwest
- West
- South
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