Surgical Staplers Market Reporting Market Size, Share, Growth, Trends, Analysis, Regional Outlook and Forecast - 2022
Surgical Staplers Market Overview:
The Surgical Staplers Market is expected to reach USD 4.78 Billion by 2022 from USD 3.38 Billion in 2017, at a CAGR of 7.2%. The growth in the surgical staplers market is primarily driven by the increasing number of surgical procedures, growing preference for minimally invasive surgeries, technological advancements, and increasing preference for surgical staplers over sutures.
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COVID-19 Impact on the global environmental monitoring market
Logistical issues, managing patients with the disease, prioritizing patients with comorbidities and pre-existing conditions, and protecting the public and hospital frontline workers from exposure to the COVID-19 infection are the significant challenges faced by healthcare systems across the globe. Many hospitals have implemented various isolation approaches to reduce the spread of the infection.
Due to movement restrictions and a significant slowdown in social and economic activities, air quality has improved in many cities, reducing water pollution in different parts of the world. However, the increased use of PPE equipment (face masks, hand gloves, etc.), their haphazard disposal, and the generation of a considerable amount of hospital waste have negatively impacted the environment.
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Market Segmentation:
Manual surgical staplers to dominate the market in 2017
Based on product, the market is segmented into manual surgical stapler and powered surgical stapler. The manual surgical stapler segment is expected to account for the largest share of the surgical stapler market in 2017. Manual surgical staplers are faster, more economical, and cause fewer infections than stitches. It also causes low tissue reactivity, which helps in preventing SSIs as compared to conventional methods available for wound closure such as sutures.
On the basis of end-user, hospitals are to grow at the highest CAGR within the forecast period
By end-user, the market is segmented into hospitals and ambulatory surgical centers (ASCs) & clinics. In 2017, this segment is also expected to register the highest CAGR during the forecast period. Rapidly increasing patient volume, the subsequent increase in the number of complex surgeries, easy accessibility to multiple specialty treatments in a single facility, and favorable reimbursements is expected to drive the demand for surgical staplers among hospitals.
Key Players:
The surgical staplers market is duopolistic in nature, with two major players Ethicon Inc. (U.S.) and Medtronic plc (Ireland). Apart from these other prominent players of the market includes CONMED Corporation (U.S.), Smith & Nephew (U.K.), Purple Surgical Inc. (U.K.), Intuitive Surgical Inc. (U.S.), Welfare Medical Ltd. (U.K.), Reach surgical Inc. (China), Meril Life Science Pvt. Ltd. (India), Grena Ltd. (U.K.), B. Braun Melsungen AG (Germany), Dextera Surgical Inc. (U.S.), Frankenman International (China), and Becton, Dickinson and Company (U.S.).
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