Surgical Staplers Market Analysis by Leading Players 2018: Medtronic, Ethicon Inc., Cardica Inc., Smith and Nephew Plc, CONMED Corporation, Purple Surgical
The major factors driving the growth of this market are the increase in number of surgical procedures, technological advancement, increasing preference for surgical staplers over sutures, and increasing trend of minimally invasive surgeries.
Pune, India – July 3, 2018 /MarketersMedia/ —
Data Bridge Market Research added new report of Global Surgical Staplers Market is expected to reach USD 3,692.2 million by 2024 from USD 2,005.0 million in 2016, at a CAGR of 11.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Manual surgical staplers market has the largest market segment in surgical staplers market.
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The global surgical staplers market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Medtronic dominated the surgical staplers market accounting for the highest market share in 2016, followed by Ethicon. U.S., LLC. Other players in this market include Cardica Inc., Smith and Nephew Plc, CONMED Corporation, Purple Surgical Inc., Welfare Medical Ltd, Reach Surgical., Grena Ltd., B.Braun Melsungen AG, Frankenman International Limited, Zimmer Biomet, Stryker, Meril Life Sciences Pvt. Ltd., and Touchstone International Medical Science Co. Ltd. among others held 11.9% of the global surgical staplers market in 2016.
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MEDTRONIC:
Founded in 1949 and headquartered in Minneapolis, U.S. Medtronic is a global healthcare solutions company and it is the world’s largest standalone medical technology development company. The company operates in four business segments, cardiac and vascular group, minimally invasive therapies group, restorative therapies group, and diabetes group.
Recent developments:
1. In February 2014, Covidien plc., subsidiary of Medtronic received 510(k) clearance for Endo GIA Reinforced Reload surgical stapler device with tri-staple technology.
2. In August 2012, Covidien plc., subsidiary of Medtronic received 510(k) clearance for iDrive Ultra Powered Stapling System. It is fully powered, reusable, battery-operated endoscopic surgical stapler which improves staple line strength, hemostasis, and is leak resistance.
Ethicon. U.S., LLC:
Founded in 1886 and headquartered at New Brunswick, New Jersey, U.S., Ethicon US, LLC., is a subsidiary of Johnson & Johnson Services, Inc., is engaged in the development and marketing of healthcare products. The company operates through three business segments- Consumer, Pharmaceutical, and Medical Devices.
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Recent Developments:
1. In May 2017, Ethicon US, LLC launched a new product ECHELON FLEX GST (Gripping Surface Technology) which is used in thoracic and colorectal surgery. The product is designed to enhance the stapling performance and is suited for facing the challenges in thoracic and colorectal procedures which involves diseased, thick, and thin tissues.
2. In April 2017, Ethicon US, LLC received 510(K) approval from U.S. Food and Drug Administration for ECHELON CIRCULAR Powered Stapler to reduce complications in colorectal, gastric and thoracic cancer surgeries.
Drivers: Global Surgical Staplers Market
Some of the major factors driving the market for surgical staplers market are increase in number of surgical procedures, technological advancement, increasing preference for surgical staplers over sutures, and increasing trend of minimally invasive surgeries. These factors increase the demand for devices such as manual, powered, disposable and reusable. Increasing prevalence of cardiovascular diseases, obesity, inflammatory bowel diseases, and lung cancer leading to increasing number of surgeries, and technological advancements are the major factors driving the growth of the surgical staplers market.
INCREASE IN NUMBER OF SURGICAL PROCEDURES
High prevalence of cardiovascular diseases, obesity, inflammatory bowel diseases, and lung cancer are leading to increasing number of surgeries. The alarming rate of increase in number of surgeries has raised the demand of medical devices across the globe. This will drive the market for surgical staplers making the physicians depend on a more convenient method of wound closure.
TECHNOLOGICAL ADVANCEMENTS
The surgical staplers technology market is expected to show significant growth in the coming years due to improved patient care systems during surgeries through advancement in stapling devices. Staplers make it possible to create anastomosis quickly, easily, and securely. A new tri-staple technology has been introduced as an alternative to the standard stapler to minimize the challenges associated with extra-thick, hard to reach and high-risk tissues and tissue slippage during firing.
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TABLE OF CONTENTS GLOBAL SURGICAL STAPLERS MARKET
1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL SURGICAL STAPLERS MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
5.1. DRIVERS
5.2. RESTRAINTS
5.3. OPPORTUNITIES
5.4. CHALLENGES
6. REGULATORY
6.1. OVERVIEW
6.2. REGULATORY PROCEDURE
7. GLOBAL SURGICAL STAPLERS MARKET, BY TYPE
7.1. OVERVIEW
7.2. MANUAL
7.3. POWERED
8. GLOBAL SURGICAL STAPLERS MARKET, BY TYPE
8.1. OVERVIEW
8.2. DISPOSABLE
8.3. RESUSABLE
9. GLOBAL SURGICAL STAPLERS MARKET, BY APPLICATION
9.1. OVERVIEW
9.2. GLOBAL SURGICAL STAPLERS MARKET, BY APPLICATION
9.3. GENERAL SURGERY
9.4. THORACIC SURGERY
9.5. CARDIAC SURGERY
9.6. ABDOMINAL SURGERY
9.7. HEMORROIDS
9.8. OTHERS
10. GLOBAL SURGICAL STAPLERS MARKET, BY END USER
10.1. OVERVIEW
10.2. HOSPITALS
10.3. AMBULATORY SURGICAL CENTERS
10.4. CLINICS
11. GLOBAL SURGICAL STAPLERS MARKET, BY DISTRIBUTION CHANNEL
11.1. OVERVIEW
11.2. DIRECT TENDER
11.3. RETAIL
12. GLOBAL SURGICAL STAPLERS MARKET, BY GEOGRAPHY
12.1. OVERVIEW
12.2. NORTH AMERICA
12.2.1. U.S. SURGICAL STAPLER MARKET
12.2.2. CANADA SURGICAL STAPLER MARKET
12.2.3. MEXICO SURGICAL STAPLER MARKET
12.3. EUROPE SURGICAL STAPLERS MARKET
12.3.1. GERMANY SURGICAL STAPLER MARKET
12.3.2. FRANCE SURGICAL STAPLER MARKET
12.3.3. U.K. SURGICAL STAPLER MARKET
12.3.4. ITALY SURGICAL STAPLER MARKET
12.3.5. SPAIN SURGICAL STAPLER MARKET
12.3.6. SWITZERLAND SURGICAL STAPLER MARKET
12.3.7. NETHERLAND SURGICAL STAPLER MARKET
12.3.8. BELGIUM SURGICAL STAPLER MARKET
12.3.9. TURKEY SURGICAL STAPLER MARKET
12.3.10. RUSSIA SURGICAL STAPLER MARKET
12.3.11. REST OF EUROPE SURGICAL STAPLER MARKET
12.4. APAC SURGICAL STAPLERS MARKET
12.4.1. JAPAN SURGICAL STAPLER MARKET
12.4.2. CHINA SURGICAL STAPLER MARKET
12.4.3. INDIA SURGICAL STAPLER MARKET
12.4.4. SOUTH KOREA SURGICAL STAPLER MARKET
12.4.5. AUSTRALIA SURGICAL STAPLER MARKET
12.4.6. SINGAPORE SURGICAL STAPLER MARKET
12.4.7. THAILAND SURGICAL STAPLER MARKET
12.4.8. MALAYSIA SURGICAL STAPLER MARKET
12.4.9. INDONESIA SURGICAL STAPLER MARKET
12.4.10. PHILLIPPINES SURGICAL STAPLER MARKET
12.4.11. REST OF ASIA-PACIFIC SURGICAL STAPLER MARKET
12.5. SOUTH AMERICA SURGICAL STAPLERS MARKET
12.5.1. BRAZIL SURGICAL STAPLER MARKET
12.5.2. REST OF SOUTH AMERICA SURGICAL STAPLER MARKET
12.6. MIDDLE EAST AND AFRICA SURGICAL STAPLERS MARKET
12.6.1. SOUTH AFRICA SURGICAL STAPLER MARKET
12.6.2. REST OF MEA SURGICAL STAPLER MARKET
13. GLOBAL SURGICAL STAPLERS MARKET, COMPANY LANDSCAPE
13.1. COMPANY SHARE ANALYSIS: GLOBAL
13.2. COMPANY SHARE ANALYSIS: NORTH AMERICA
13.3. COMPANY SHARE ANALYSIS: EUROPE
13.4. COMPANY SHARE ANALYSIS: APAC
14. COMPANY PROFILES
14.1. ETHICON US, LLC (A SUBSIDIARY OF JOHNSON & JOHNSON SERVICES, INC.)
14.1.1. COMPANY OVERVIEW
14.1.2. REVENUE ANALYSIS
14.1.3. PRODUCT PORTFOLIO
14.1.4. RECENT DEVELOPMENTS
14.2. B.BRAUN MELSUNGEN AG
14.2.1. COMPANY OVERVIEW
14.2.2. REVENUE ANALYSIS
14.2.3. PRODUCT PORTFOLIO
14.2.4. RECENT DEVELOPMENTS
14.3. STRYKER
14.3.1. COMPANY OVERVIEW
14.3.2. REVENUE ANALYSIS
14.3.3. PRODUCT PORTFOLIO
14.3.4. RECENT DEVELOPMENTS
14.4. SMITH AND NEPHEW
14.4.1. COMPANY OVERVIEW
14.4.2. REVENUE ANALYSIS
14.4.3. PRODUCT PORTFOLIO
14.4.4. RECENT DEVELOPMENTS
14.5. CONMED CORPORATION
14.5.1. COMPANY OVERVIEW
14.5.2. REVENUE ANALYSIS
14.5.3. PRODUCT PORTFOLIO
14.5.4. RECENT DEVELOPMENTS
14.6. MEDTRONIC
14.6.1. COMPANY OVERVIEW
14.6.2. REVENUE ANALYSIS
14.6.3. PRODUCT PORTFOLIO
14.6.4. RECENT DEVELOPMENTS
14.7. ZIMMER BIOMET
14.7.1. COMPANY OVERVIEW
14.7.2. REVENUE ANALYSIS
14.7.3. PRODUCT PORTFOLIO
14.7.4. RECENT DEVELOPMENTS
14.8. DEXTERA SURGICAL INC.
14.8.1. COMPANY OVERVIEW
14.8.2. REVENUE ANALYSIS
14.8.3. PRODUCT PORTFOLIO
14.8.4. RECENT DEVELOPMENTS
14.9. PURPLE SURGICALUK LTD
14.9.1. COMPANY OVERVIEW
14.9.2. REVENUE ANALYSIS
14.9.3. PRODUCT PORTFOLIO
14.9.4. RECENT DEVELOPMENTS
14.10. WELFARE MEDICAL LTD
14.10.1. COMPANY OVERVIEW
14.10.2. REVENUE ANALYSIS
14.10.3. PRODUCT PORTFOLIO
14.10.4. RECENT DEVELOPMENTS
15. Related Report
Contact Info:
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Organization: Data Bridge Market Research
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