The global surgical staples market to gain from increasing surgical procedure being performed worldwide. Fortune Business Insights recently announced a report, titled “Surgical Staples Market Size, Share and Global Trend By Type (Disposable Staples, Reusable Staples), By Product (Manual Surgical Staples, Powered Surgical Staples), By Application (Abdominal Surgery, Pelvic Surgery, Cardiac Surgery, Orthopedic Surgery), By End User (Clinics, Hospitals, Ambulatory Surgery Centres) Geography Forecast till 2026.”
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As per a survey conducted by the Wounds UK, approximately 234.4 million surgeries are conducted worldwide each year.
According to the Surgical Staples Market, North America held a considerable share in the global market in 2017. The region is anticipated to expand and emerge dominant between 2018-2025. The rising demand for minimal invasive procedure in nations such as Canada and the U.S. is expected to contribute towards the expansion of the market in North America. Additionally, presence of key players and a highly developed healthcare is expected to increase growth opportunities for the Surgical Staples Market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook and SWOT analysis:
• CONMED Corporation
• Meril Life Sciences Pvt. Ltd.
• Purple Surgical
• Welfare Medical Ltd.
• Frankenman International Limited
• Reach surgical
• Integra LifeSciences
• Smith and Nephew
• XNY Medical
• BASS Medical Group
The Middle East and Africa is witnessing high demand for surgical staplers and is expected to expand during the forecast period. The rising prevalence of surgical site infection in the region is likely to fuel the demand for surgical staplers. Besides this, the Asia Pacific market is expected to witness incredibly fast growth during the forecast period. The increasing healthcare expenditure and the growing need for safe surgical procedure are some factors expected to drive the Asia Pacific Surgical Staples Market.
As per the Asia Pacific Society of Infection Control, over the last decade 6.95% of the total surgical procedures took place in Asia Pacific were reported for surgical site infection. This is anticipated to generate high demand for surgical staples in the market.
Increasing Surgical Procedure to Propel Growth
The increasing number of injuries and side effects associated to surgical staples is a factor anticipated to hamper the growth in the global Surgical Staples Market. Moreover, according to the Food and Drug Administration, approximately 40,000 cases of adverse effects caused due to surgical staples were reported between 2011-2018. This in response may create a negative impact on adoption of surgical staples.
However, increasing prices of surgical staples and rising global prevalence of chronic diseases are a few factors anticipated to drive the Surgical Staples Market. Furthermore, healthcare providers received a letter from the Food and Drug Administration in 2019. The letter emphasized on increasing use of surgical staples and offered recommendation to reduce the side effects associated to staples. This is anticipated to enhance the quality of staples and fuel the demand for surgical staples removal.
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Domain Surgical Creating Strong Brand Presence with Product Launch
The global surgical staples market is witnessing high demand and progressing. The progress is attracting new players and therefore, increasing the competition in the market. Developers are focusing on upgrades and focusing on product launch. For Instance, Domain Surgical has introduced Multifunctional Vessel Sealing Instrument FMsealer Laparoscopic Shears, in 2018. The aim of the product development is to reduce the infections and offer safer surgical procedure.
· Abdominal Surgery
· Pelvic Surgery
· Cardiac Surgery
· Orthopedic Surgery
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East and Africa (South Africa, GCC and Rest of Middle East and Africa)
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