Product Code: GVR-1-68038-027-9
Surgical Stapling Devices Market Growth & Trends:
The global surgical stapling devices market size is expected to reach USD 9.89 billion by 2030 expanding at a CAGR of 9.33% from 2024 to 2030 according to a new report by Grand View Research, Inc. Several factors such as increasing need for wound and tissue management devices, introduction of advanced technologies, rising demand for minimally invasive surgery and robotic surgery, and increasing obesity and awareness about bariatric surgeries are estimated to contribute towards the market growth.
Obesity is increasing among adults as well as adolescents below 18 years of age due to sedentary lifestyles and unhealthy diet patterns in this age group. In case of eating habits, people are more inclined towards fast food rather than healthy food. Growing busy schedule and increasing stress are both causing people to consume packed and processed food. Hence, an increasing number of obese people across the globe is anticipated to foster the market growth.
Rise in the prevalence of various types of cancer such as breast cancer, colon cancer, prostate cancer, and lung cancer is anticipated to boost the demand for surgical stapling devices. Cancer is considered a universal healthcare problem as it is one of the leading causes of death. For instance, according to National Cancer Institute, about 1,806,590 new cancer cases were diagnosed in the U.S. in 2020. Thus, growing prevalence of cancer throughout the globe is projected to create high growth opportunities for market players over the forecast period.
Rising prevalence of obesity throughout the world is expected to augment the market growth during the forecast period. For instance, as per the Centers for Disease CDC, obesity presently affects four out of 10 Americans. As per the same source, as of 2022, all the 50 U.S. states have an obesity rate of around 20%.
Surgical Stapling Devices Market Report Highlights:
- Manual surgical stapling devices dominated the market in terms of revenue in 2023, owing to its increasing demand across the globe.
- Powered stapling devices allow surgeons to perform large number of surgeries in emergency wards, thereby anticipated to capture significant market share in 2023.
- There is an increasing demand for disposable devices due to heightened concerns for communicable infections.
- Hospitals segment dominated the market in 2023 owing to increasing number of surgeries across all hospitals.
- North America dominated the overall market in terms of revenue in 2023, owing to introduction of powered staples, and soaring need for tissue and wound management.
Table of Contents
Chapter 1. Surgical Stapling Devices Market: Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Data Sources
Chapter 2. Surgical Stapling Devices Market: Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Surgical Stapling Devices Market: Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing incidence of chronic disorders
- 3.2.1.2. Increasing obesity and awareness about bariatric surgeries
- 3.2.1.3. Rising demand for minimally invasive surgical procedures
- 3.2.1.4. Increasing need for wound and tissue management devices
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Stringent regulations
- 3.2.2.2. High cost of bariatric surgeries
- 3.2.2.3. Lack of skilled professionals
- 3.2.3. Market Opportunity Analysis
- 3.2.3.1. Constant increase in the number of surgeries being performed worldwide
- 3.2.3.2. Improvement in healthcare infrastructure in developing economies
- 3.3. Surgical Stapling Devices market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of suppliers
- 3.3.1.2. Bargaining power of buyers
- 3.3.1.3. Threat of substitutes
- 3.3.1.4. Threat of new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political & Legal Landscape
- 3.3.2.2. Economic and Social Landscape
- 3.3.2.3. Technological landscape
Chapter 4. Surgical Stapling Devices market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Surgical Stapling Devices market: Product Movement Analysis
- 4.3. Surgical Stapling Devices market by Product Outlook (USD Million)
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.5. Powered
- 4.5.1. Powered Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Manual
- 4.6.1. Manual Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Surgical Stapling Devices market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Surgical Stapling Devices market: Type Movement Analysis
- 5.3. Surgical Stapling Devices market by Type Outlook (USD Million)
- 5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.5. Disposable
- 5.5.1. Disposable Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Reusable
- 5.6.1. Reusable Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Surgical Stapling Devices market: End-use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Surgical Stapling Devices market: End-use Movement Analysis
- 6.3. Surgical Stapling Devices market by End-use Outlook (USD Million)
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.5. Hospitals
- 6.5.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Ambulatory Surgical Centers
- 6.6.1. Ambulatory Surgical Centers Surgery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Surgical Stapling Devices market: Regional Estimates & Trend Analysis
- 7.1. Regional Dashboard
- 7.2. Regional Chapter Surgical Stapling Devices market movement analysis
- 7.3. Surgical Stapling Devices market: Regional Estimates & Trend Analysis by Product, Type and End-use
- 7.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 7.5. North America
- 7.5.1. North Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. U.S.
- 7.5.2.1. Key Country Dynamics
- 7.5.2.2. Competitive Scenario
- 7.5.2.3. Regulatory Framework
- 7.5.2.4. Reimbursement scenario
- 7.5.2.5. U.S. Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Canada
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Competitive Scenario
- 7.5.3.3. Regulatory Framework
- 7.5.3.4. Reimbursement scenario
- 7.5.3.5. Canada Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Europe
- 7.6.1. Europe Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. UK
- 7.6.2.1. Key Country Dynamics
- 7.6.2.2. Competitive Scenario
- 7.6.2.3. Regulatory Framework
- 7.6.2.4. Reimbursement scenario
- 7.6.2.5. UK Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Germany
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Competitive Scenario
- 7.6.3.3. Regulatory Framework
- 7.6.3.4. Reimbursement scenario
- 7.6.3.5. Germany Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. France
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Competitive Scenario
- 7.6.4.3. Regulatory Framework
- 7.6.4.4. Reimbursement scenario
- 7.6.4.5. France Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.5. Italy
- 7.6.5.1. Key Country Dynamics
- 7.6.5.2. Competitive Scenario
- 7.6.5.3. Regulatory Framework
- 7.6.5.4. Reimbursement scenario
- 7.6.5.5. Italy Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.6. Spain
- 7.6.6.1. Key Country Dynamics
- 7.6.6.2. Competitive Scenario
- 7.6.6.3. Regulatory Framework
- 7.6.6.4. Reimbursement scenario
- 7.6.6.5. Spain Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.7. Denmark
- 7.6.7.1. Key Country Dynamics
- 7.6.7.2. Competitive Scenario
- 7.6.7.3. Regulatory Framework
- 7.6.7.4. Reimbursement scenario
- 7.6.7.5. Denmark Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.8. Sweden
- 7.6.8.1. Key Country Dynamics
- 7.6.8.2. Competitive Scenario
- 7.6.8.3. Regulatory Framework
- 7.6.8.4. Reimbursement scenario
- 7.6.8.5. Sweden Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.9. Norway
- 7.6.9.1. Key Country Dynamics
- 7.6.9.2. Competitive Scenario
- 7.6.9.3. Regulatory Framework
- 7.6.9.4. Reimbursement scenario
- 7.6.9.5. Norway Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7. Asia Pacific
- 7.7.1. Asia Pacific Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.2. Japan
- 7.7.2.1. Key Country Dynamics
- 7.7.2.2. Competitive Scenario
- 7.7.2.3. Regulatory Framework
- 7.7.2.4. Reimbursement scenario
- 7.7.2.5. Japan Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.3. China
- 7.7.3.1. Key Country Dynamics
- 7.7.3.2. Competitive Scenario
- 7.7.3.3. Regulatory Framework
- 7.7.3.4. Reimbursement scenario
- 7.7.3.5. China Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.4. India
- 7.7.4.1. Key Country Dynamics
- 7.7.4.2. Competitive Scenario
- 7.7.4.3. Regulatory Framework
- 7.7.4.4. Reimbursement scenario
- 7.7.4.5. India Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.5. South Korea
- 7.7.5.1. Key Country Dynamics
- 7.7.5.2. Competitive Scenario
- 7.7.5.3. Regulatory Framework
- 7.7.5.4. Reimbursement scenario
- 7.7.5.5. South Korea Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.6. Australia
- 7.7.6.1. Key Country Dynamics
- 7.7.6.2. Competitive Scenario
- 7.7.6.3. Regulatory Framework
- 7.7.6.4. Reimbursement scenario
- 7.7.6.5. Australia Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.7. Thailand
- 7.7.7.1. Key Country Dynamics
- 7.7.7.2. Competitive Scenario
- 7.7.7.3. Regulatory Framework
- 7.7.7.4. Reimbursement scenario
- 7.7.7.5. Thailand Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8. Latin America
- 7.8.1. Latin America Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.2. Brazil
- 7.8.2.1. Key Country Dynamics
- 7.8.2.2. Competitive Scenario
- 7.8.2.3. Regulatory Framework
- 7.8.2.4. Reimbursement scenario
- 7.8.2.5. Brazil Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.3. Mexico
- 7.8.3.1. Key Country Dynamics
- 7.8.3.2. Competitive Scenario
- 7.8.3.3. Regulatory Framework
- 7.8.3.4. Reimbursement scenario
- 7.8.3.5. Mexico Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.4. Argentina
- 7.8.4.1. Key Country Dynamics
- 7.8.4.2. Competitive Scenario
- 7.8.4.3. Regulatory Framework
- 7.8.4.4. Reimbursement scenario
- 7.8.4.5. Argentina Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.9. Middle East & Africa
- 7.9.1. Middle East & Africa Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.9.2. South Africa
- 7.9.2.1. Key Country Dynamics
- 7.9.2.2. Competitive Scenario
- 7.9.2.3. Regulatory Framework
- 7.9.2.4. Reimbursement scenario
- 7.9.2.5. South Africa Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.9.3. Saudi Arabia
- 7.9.3.1. Key Country Dynamics
- 7.9.3.2. Competitive Scenario
- 7.9.3.3. Regulatory Framework
- 7.9.3.4. Reimbursement scenario
- 7.9.3.5. Saudi Arabia Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.9.4. UAE
- 7.9.4.1. Key Country Dynamics
- 7.9.4.2. Competitive Scenario
- 7.9.4.3. Regulatory Framework
- 7.9.4.4. Reimbursement scenario
- 7.9.4.5. UAE Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.9.5. Kuwait
- 7.9.5.1. Key Country Dynamics
- 7.9.5.2. Competitive Scenario
- 7.9.5.3. Regulatory Framework
- 7.9.5.4. Reimbursement scenario
- 7.9.5.5. Kuwait Surgical Stapling Devices market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Market Participant Categorization
- 8.2. Key Company Profiles
- 8.2.1. Johnson & Johnson Services, Inc
- 8.2.1.1. Company overview
- 8.2.1.2. Financial performance
- 8.2.1.3. Product benchmarking
- 8.2.1.4. Strategic initiatives
- 8.2.2. Medtronic
- 8.2.2.1. Company overview
- 8.2.2.2. Financial performance
- 8.2.2.3. Product benchmarking
- 8.2.2.4. Strategic initiatives
- 8.2.3. Smith + Nephew
- 8.2.3.1. Company overview
- 8.2.3.2. Financial performance
- 8.2.3.3. Product benchmarking
- 8.2.3.4. Strategic initiatives
- 8.2.4. B. Braun SE
- 8.2.4.1. Company overview
- 8.2.4.2. Financial performance
- 8.2.4.3. Product benchmarking
- 8.2.4.4. Strategic initiatives
- 8.2.5. Intuitive Surgical Operations, Inc.
- 8.2.5.1. Company overview
- 8.2.5.2. Financial performance
- 8.2.5.3. Product benchmarking
- 8.2.5.4. Strategic initiatives
- 8.2.6. 3M
- 8.2.6.1. Company overview
- 8.2.6.2. Financial performance
- 8.2.6.3. Product benchmarking
- 8.2.6.4. Strategic initiatives
- 8.2.7. CONMED Corporation
- 8.2.7.1. Company overview
- 8.2.7.2. Financial performance
- 8.2.7.3. Product benchmarking
- 8.2.7.4. Strategic initiatives
- 8.2.8. BD (CareFusion Corporation)
- 8.2.8.1. Company overview
- 8.2.8.2. Financial performance
- 8.2.8.3. Product benchmarking
- 8.2.8.4. Strategic initiatives
- 8.2.9. BioPro, Inc.
- 8.2.9.1. Company overview
- 8.2.9.2. Financial performance
- 8.2.9.3. Product benchmarking
- 8.2.9.4. Strategic initiatives
- 8.2.10. Frankenman International Ltd
- 8.2.10.1. Company overview
- 8.2.10.2. Financial performance
- 8.2.10.3. Product benchmarking
- 8.2.10.4. Strategic initiatives