Pune, Maharashtra Feb 23, 2019 (Issuewire.com) - Global Surgical Staplers Industry was valued at USD 5 Billion in the year 2017. Global Surgical Staplers Industry is further estimated to grow at a CAGR of 5.4 % from 2019 to reach USD 7.53 Billion by the year 2025. North America region holds the highest Industry share and Asia Pacific is considered as the fastest growing Industry in the forecasted period. The dominance of North America is attributed to factors such as the growing geriatric population. At country level U.S, China, India and Japan holds the substantial Industry share-owning to high population base, growth in awareness about surgical Staplers and development in healthcare infrastructure.
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Major market plaiers in Surgical Staplers Industry are Intuitive Surgical Inc., Braun Melsungen AG, Dextera Surgical Inc., Johnson & Johnson, Smith & Nephew Plc, Becton, Dickinson and Company, Medtronic Plc., 3M Company, Conmed Corp., Grena Ltd., and brief overview of 10 companies is also provided in the report.
SWOT analysis of Surgical Staplers Industry:
Strength:
Growing number of surgical procedures across the globe
Rapid increase in geriatric population globally
Weakness:
Poor demand in under developed countries
Opportunities:
Rise in adoption of cosmetics surgeries
Significant Growth Potential in Emerging industries
Threats:
Lack of Trained Professionals
The global Surgical Staplers Industry has been segmented on product, type, application, end user, and regions. On the basis of product, the Industry is segmented into manual surgical staplers and powered surgical staplers of which manual surgical staplers are expected to account for the largest share of the Industry in 2017. By type the Industry segmented into disposable surgical staplers and reusable surgical staplers of which disposable surgical staplers are expected to account for the largest share of the Industry.
Surgical Staplers Industry Segmentation:
By Type
• Disposable Surgical Staplers
• Reusable Surgical Staplers
By Product
• Manual Surgical Staplers
• Powered Surgical Staplers
By End Users
• Hospitals & Clinics
• Ambulatory Surgery Centers
By Application
• Abdominal & Pelvic Surgery
• General Surgery
• Cardiac and Thoracic Surgery
• Orthopedic Surgery
• Other Surgical Applications
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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