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The global surgical staplers market is growing at a CAGR of 7.5% according to new research report

Industrial Market Research

The Global Surgical Staplers Market was worth USD 3.2 billion in 2016 and estimated to be growing at a CAGR of 7.5%, to reach USD 4.6 billion by 2021. Surgical Staplers are specialised staples which are used in place of sutures in a surgery to connect or remove parts of lungs, bowels or to seal skin wounds. They were originally developed to replace sutures since leakages from poor suturing was a significant cause of mortalities after surgeries. From the recent times, clips are being used in place of staples as it prevents the penetration of staples. Stapling has the advantage of being faster and more accurate than suturing by hand. They are much less likely to cause leakages of blood from stapled organs.

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In the beginning, the staples were made of stainless steel with titanium staples loaded into reloadable stapler cartridges. Most of the modern staples are primarily of two types, the first one being disposable and made of materials like plastic and the second type being reusable and made of stainless steel.

Both these types are usually loaded by using disposable cartridges. Staples come in various shapes like straight, curved and circular.

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 Circular staplers are used for procedures such as end-to-end anastomosis after bowel resection among others. Different staplers are used for open surgeries and laparoscopic surgeries.

Laparoscopic surgeries use longer and thinner ones which are designed to allow access from restricted number of trocar ports. Titanium is used more often than stainless steel since the former produces less immune reactions as compared to latter.

Synthetic bio-absorbable staplers are also being available which use materials like polyglycolic acid.

The Global Surgical Staplers market is driven by factors such as rising number of surgical operations around the world, increased preference of staplers over sutures, growing technological advancements, increasing demand for minimally invasive procedures, medical tourism in developing countries, rising demand for healthcare in low and middle income countries and growing popularity for cosmetic surgeries among others. However, the market is constrained by factors like alternative methods available for wound care and high price of devices.

The Global Surgical Staplers market is segmented on the basis of type into disposable stapler and reusable stapler segments. The reusable stapler segment is expected to have higher growth rate during forecast period.

Based on product, the market is segmented into manual surgical stapler and powered surgical stapler. Manual surgical stapler has the larger share among the two.

Based on end-user, the market is divided into hospitals, ambulatory surgical centres and clinics. Hospitals has the largest market share in this segment.

On the basis of application, the market is divided into Pelvis, Abdominal, Thoracic, Cardiac, Haemorrhoids, Paediatric, Cosmetic and General Surgery segments.

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The Global Surgical Staplers market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America holds the largest market share in the world as a result of early acceptance and adoption of staples in the region along with demand for minimally invasive procedures.

Asia-Pacific is the fastest growing region in the world because of huge number of patients in developing countries like China and India. As the number of surgical procedures is increasing coupled with increase in healthcare expenditure, the market is expected to witness a lucrative growth.Some of the major players in the market include Ethicon Inc.

(U.S.), Medtronic plc (Ireland), 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.).

Market Segmentation :                                            

 

 1)Type                             

  • Disposable Stapler              
  • Reusable Stapler 
  • Y-o-Y Growth Analysis, By Type  
  • Market Attractiveness Analysis, By Type  
  • Market Share Analysis, By Type   

2) Product                       

  • Manual Surgical Stapler 
  • Powered Surgical Stapler 
  • Y-o-Y Growth Analysis, By Product 
  • Market Attractiveness Analysis, By Product    
  • Market Share Analysis, By Product              

3) End Users                   

  • Hospitals 
  • Ambulatory Surgical Centres          
  • Clinics 
  • Y-o-Y Growth Analysis, By End Users          
  • Market Attractiveness Analysis, By End Users  
  • Market Share Analysis, By End Users         

4)Application                

  • Pelvis        
  • Abdominal  
  • Thoracic   
  • Cardiac     
  • Haemorrhoids      
  • Paediatric
  • Cosmetic 
  • Y-o-Y Growth Analysis, By Application  
  • Market Attractiveness Analysis, By Application      
  • Market Share Analysis, By Application    

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 Processed Pork Meat market comprises processed meat of Swine or Pig. Because of the advantages like convenience, year round availability and enhanced shelf-life, processed meat is preferred over fresh meat by fast food restaurants, foodservice industry and fast casual diners.

The meat is either seasoned or smoked or treated with certain chemicals to change it into processed form that enhances the pork’s taste. Doing this makes the pork less vulnerable to micro-organisms.

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The primary drivers of this market are rising disposable income of households, technological advancements in Pork processing and production, and increasing restaurant industry specially fast-food and fast-casual dining.

Few restraining factors are rising obesity concerns and stringent government regulations on meat processing and animal raising. Furthermore in Middle-East countries inter alia, pork is a traditional taboo and is strictly prohibited to consume pork products.

The North America Processed Pork Meat market is categorized by application such as bacon, ham, sausage, pork chops, and others. Categorization is also done by product type as Fresh Processed, Raw-Fermented, Pre-Cooked, Raw-Cooked, Dried, Cured and Others.

Frozen food market is projected to grow and would buttress the growth of processed pork market in various regions of the world.

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On the basis of geography, market can be categorized into US, Canada, and Mexico. It is the largest market and US is the leading player in this region.

Some of the key players in Processed Pork Meat Market are JBS SA, Pilgrims Pride Corp., Tyson Foods Inc., Cargill Inc., Smithfield Foods, Inc., Sysco Corp., Hormel Foods Corp.,Sanderson farms among others.

Market Segmentation                                             

1)Application                

  • Introduction          
  • bacon       
  • sausage   
  • pork chops             
  • ham          
  • others      
  • Y-o-Y Growth Analysis, By Application       
  • Market Attractiveness Analysis, By Application     
  • Market Share Analysis, By Application      

2)Product Type                            

  • Introduction           
  • Fresh Processed  
  • Pre-Cooked           
  • Raw-Cooked         
  • Raw-Fermented  
  • Dried        
  • Cured       
  • Others     
  • Y-o-Y Growth Analysis, By Product Type   
  • Market Attractiveness Analysis, By Product Type               
  • Market Share Analysis, By Product Type

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Scope of the report :

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms product type and Packaged Containers along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the regional market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

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