SURGICAL STAPLERS MARKET ANALYSIS

The global surgical staplers market was valued at US$ 4,014.4 Mn in 2021 and is forecast to reach a value of US$ 6,379.0 Mn by 2028 at a CAGR of 6.8% between 2022 and 2028. The global surgical staplers market is experiencing strong growth due to the increasing number of surgical procedures, growing preference for minimally invasive surgery, rise in preference for surgical staplers over sutures, and technological advances in surgical staplers. However, factors such as stringent safety rules/regulations and increased risk of infections and other adverse events are expected to hamper growth of the surgical staplers market.

Global Surgical Staplers Market: Regional Insights

Based on geography, the global surgical staplers market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period due to the increasing number of surgical procedures. Surgical staplers are used outside the body to close large wounds or surgical cuts on a patient's skin or scalp. While they are used to connect tissue during minimally invasive surgeries or to remove an organ. Thus, with the increasing number of surgical procedures, the use of surgical staplers is also increasing rapidly. According to the American College of Surgeons (ACS), every year, around 15 million people in the United States have some kind of surgery.

Moreover, Asia Pacific is also expected to witness robust growth in the global surgical staplers market due to the presence of a large patient pool in economies such as India, China, and Japan. With the increasing prevalence of various disease, the number of surgical procedures is also increasing in this region. Surgical staplers are categorized under drugs and regulated under the Drugs and Cosmetics Act in India because of increasing demand and use.

Figure 1. Global Surgical Staplers Market Share (%), by Region, 2021

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Global Surgical Staplers Market Drivers:

Increasing number of various surgical procedures across the globe is expected to augment the growth of the global surgical staplers market over the forecast period. For instance, according to the National Center for Biotechnology Information, worldwide, more than 310 million major surgeries are performed each year; million in Europe and around 40 to 50 million in the United States. Growing number of surgeries can be attributed to the rapidly growing senior population worldwide and the increasing prevalence of chronic diseases.

Technological advancements in surgical staplers or introduction of technologically advanced surgical staplers by market players is expected to propel growth of the global surgical staplers market over the forecast period. For instance, in June 2021, Intuitive India launched robotic-assisted surgical stapler, SureForm, which makes automatic adjustments to a firing process as staplers are being formed, and the transaction is being made to help optimise a consistent staple line and prevent tissue damage across a range of tissue thicknesses.

Global Surgical Staplers Market Opportunities:

Growing preference for minimally invasive surgeries around the world is expected to provide significant growth opportunities for players in the global surgical staplers market. For instance, minimally invasive surgery allows surgeon to use techniques that limit the size and number of cuts that they need to make. Surgical staplers are useful in minimally invasive surgery because they require only a narrow opening and can quickly cut and seal tissue and blood vessels. Thus, there is an increasing demand for surgical staplers worldwide.

Increasing preference for surgical staplers over sutures is expected to provide lucrative growth opportunities for players in the global surgical staplers market. For instance, surgical staplers are specialized staplers used in/during a surgery in place of sutures to perform anastomosis in efficient and sterile manner. Moreover, they are faster and easier to use (compared to sutures) for organ resection or connection surgery and cause less pain and inflammation. Therefore, the demand for surgical staplers (over sutures) is increasing.

Global Surgical Staplers Market Trends:

Continuous developments and launches of novel products is expected to boost growth of the global surgical staplers market. For instance, in June 2022, Ethicon announced the launch of the ECHELON 3000 Stapler, a digital device that provides surgeons with simple, one-handed powered articulation to help address the unique needs of their patients.

Frequent product approvals are also expected to propel growth of the global surgical staplers market. For instance, in December 2021, Intuitive received the Food and Drug Administration (FDA) clearance for an 8mm Sureform 30 curved-Tip Stapler, a robotic stapler with 120-degree articulation and SmartFire technology.

Global Surgical Staplers Market Restraints:

Stringent rules and regulations regarding safety are expected to hinder the growth of the global surgical staplers market. Surgical staplers are subjected to stringent regulatory requirements, including requiring premarket notification and special controls to help mitigate known risks of the device. In October 2021, the U.S. Food and Drug Administration (FDA) announced several actions related to surgical stapler and staple regulation and safety. New Class II designation for surgical staplers increases safety with stronger FDA review, oversight.

Increased risk of infections and other adverse events is expected to hamper growth of the global surgical staplers market. For instance, the U.S. FDA is working on measures to help reduce the risk associated with surgical staplers and implantable staplers. In March 2019, FDA released a letter to point out such risks and to offer updated recommendations for the devices.

Figure 2. Global Surgical Staplers Market Share (%), by Product Type, 2021

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Global Surgical Staplers Market Segmentation:

The global surgical staplers market report is segmented into Product, Application, Mechanism, Usability, and Geography.

Based on Product, the surgical staplers market is segmented into Linear Stapler, Circular Stapler, Cutter Stapler, Skin Stapler, and Stapler Reloads. Of which, Linear Stapler Segment is expected to dominate the pain management devices market over the forecast period and this is attributed to the growing preference for minimally invasive surgery. Linear staplers are used to connect tissue during minimally invasive surgeries or to remove an organ.

Circular Stapler Segment is also expected to witness significant growth in the near future and this is owing to the surging demand and increasing frequency of surgeries. Circular staplers are often used for surgeries involving the digestive tract from the throat to the colon.

Based on Application, the market is segmented into Abdominal Surgery, Obstetrics and Gynecological Surgeries, Cardiac and Thoracic Surgeries, Orthopedic Surgery, and Other Surgical Applications. Out of which, Abdominal Surgery Segment is expected to dominate the market over the forecast period and this is attributed to the increasing number of abdominal surgeries across the globe.

Cardiac and Thoracic Surgeries Segment is also expected to witness significant growth in the near future and this is owing to the high prevalence of cardiovascular diseases across the globe. Staples are frequently used nowadays in cardiac surgery for sternotomy wound closure.

Based on Mechanism, the global surgical staplers market is segmented into Manual Surgical Stapler and Powered Surgical Stapler. Out of which, Powered Surgical Stapler Segment is expected to dominate the market over the forecast period and this is attributed to the increasing number of surgeries worldwide. Powered devices help doctors address the problem of fatigue that may be caused due to high procedure volume in hospital emergency wards.

Based on Usability, the market is segmented into Disposable Surgical Stapler and Reusable Surgical Stapler. Out of which, Disposable Surgical Stapler Segment is expected to dominate the market over the forecast period as a result of heightened concerns regarding communicable infections. The U.S. CDC promotes the use of disposable surgical staplers as well as provides protocols to prevent the spread of pathogens.

Global Surgical Staplers Market: Key Developments

In August 2021, Fuse Medical Inc. announced the launch of the first implantations of the Fuse Orbutum Compression Staple. This was the Latest addition to its Comprehensive orthopedic portfolio of internal fixation devices for upper and lower extremities.

In September 2019, to help address a serious complication associated with colorectal, gastric and thoracic surgery, Ethicon, part of Johnson & Johnson MedTech, launched the industry’s first powered circular stapler. The ECHELON CIRCULAR Powered Stapler reduces leaks by 61% at the staple line compared to Medtronic’s DST Series EEA Stapler.

In March 2019, MedShape Inc. launched the DynaClip Bone Fixation system representing the next generation in bone stapling. It provided dynamic compression and enhanced durability to tolerate the demanding loading conditions in the foot and ankle.

In February 2019, CONMED Corporation completed its previously announced acquisition of privately-held Buffalo Filter LLC (Buffalo Filter) from Filtration Group.

Global Surgical Staplers Market: Key Companies Insights

The global surgical staplers market is highly competitive. This is attributed to the rise demand for surgical staplers due to increasing number of surgeries across the world, as a result, players in the market are focusing on launching novel products in the market.

Some of the key players in the global surgical staplers market are:

Grena Ltd., 3M Company, Smith & Nephew, Purple Surgical Inc., Meril Life Science Pvt. Ltd., Medtronic PLC, Intuitive Surgical Inc., B. Braun Melsungen AG, Frankenman International Limited, CONMED Corporation, and Ethicon Inc. (Johnson & Johnson), among others.

*Definition:  Surgical staplers are used to close surgical incisions or wounds that are too big and/or complex to close with traditional stitches. These are specialized instruments that can be used to seal and/or close the both internal as well as external wounds. Currently, worldwide, surgical staplers are preferred over sutures as these are easier, faster, accurate, and consistent to use than hand sutures.