North America is expected to dominate the Overall
Surgical Stapling Devices Market:
Among all the regions, North America is expected to occupy a
major share in the overall surgical stapling devices market during the
forthcoming years. This domination is due to the increasing surgical procedures
such as bariatric surgery, aesthetic surgeries in the region. Also, rising
traumatic injury in the region which requires surgical staplers for closing the
wound is another factor for the growth of the global surgical staplers market in the
region.
For instance, according to the American Society for Metabolic and Bariatric Surgery 2021 publication, a total of 256,000 bariatric surgeries were performed in the region in the year 2019 out of which 59.4% were laparoscopic sleeve gastrectomy which requires surgical staplers to remove 80% of the stomach, making it much smaller.
In addition, as per the reports published by Obesity Canada
in the year 2019, a total of 10,364 bariatric surgeries were
performed in the region between 2017 and 2018. Thus, growing surgeries
especially for weight loss could be a potential factor responsible for
augmenting the surgical stapling devices market.
Read More- Surgical Stapling Devices Market Share
Moreover, the presence of key market players such as Medtronic,
Johnson & Johnson, and CONMED Corporation, among others actively
manufacturing surgical staplers in the region are also expected to bolster the
surgical stapling devices market in the region.
Also, strategic business activities by the companies present
in the country will spur the surgical stapling devices market. Recently, in
July 2020, Lexington Medical, a US-based medical device company delivering
minimally-invasive surgical stapling solutions, and BOWA Medical, a leading
innovator of energy-based surgery products for medical applications entered
into a partnership and will jointly market and sell the AEON and LOTUS
portfolios in several global markets.
Thus, all the aforementioned factors are likely to propel
the market for surgical staplers in the region.
Additionally, the Asia-pacific region has future potential
for the surgical stapling devices market. This is due to the rising number of
cardiac surgeries in the region. Moreover, growing caesarean delivery could
also be a factor in the rising demand for surgical staplers in the region.
Furthermore, improving healthcare structure, rise in disposable incomes, and
presence of regional market players such as Lepu Medical, Meril Lifesciences,
among others will also contribute to the market growth of surgical staplers in
the forthcoming years.
Surgical Stapling Devices Market Key Players:
Some of the key market players operating in the surgical
stapling devices market include B. Braun Melsungen AG, ConMed
Corporation, Intuitive Surgical., Meril Life Science Pvt. Ltd, Medtronic,
Johnson & Johnson, Smith & Nephew, Lepu Medical, Frankenman
International Ltd, 3M, Fengh Medical Co., Ltd., IntoCare Medical Technology
(Suzhou) Co., Ltd., Lexington Medical, Waston medical, Reach Surgical, Purple
Surgical, Stapleline Medizintechnik GmbH, Panther Healthcare, Microcure
(Suzhou) Medical Technology Co., Ltd., Golden Stapler Surgical Co., Ltd.,
and others.
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