Demand for Surgical Stapling Devices and Impact of COVID-19……..



The global surgical stapling devices market size is anticipated to reach USD 8.02 billion by 2026, according to a new report by Grand View Research, Inc., progressing at a CAGR of 8.23% during the forecast period. Application of surgical staplers has gradually evolved from invasive surgeries to minimally invasive surgeries. With introduction of advanced surgical staplers, difficulties associated with the use of conventional staplers have been addressed.
With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.
Obesity is increasing among adults as well as adolescents below 18 years of age due to sedentary lifestyles and unhealthy diet patterns in this age group. In case of eating habits, people are more inclined towards fast food rather than healthy food. Growing busy schedule and increasing stress are both causing people to consume packed and processed food.
Severe cases of obesity cause other conditions, such as diabetes and cardiovascular conditions, resulting in many opting for bariatric surgery. According to the Canadian Institute for Health Information (CIHI) 2014 data, the number of bariatric surgeries has drastically increased from 1,600 in 2006-2007 to 6,000 in 2012-2013. This indicates high demand for these surgeries owing to increasing awareness about surgical options for weight loss.
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The global surgical stapling devices market size was valued at USD 4.27 billion in 2018. It is projected to expand at a CAGR of 8.23% over the forecast period. Growing preference for staples over sutures has been one of the primary growth stimulant for the market. With technological advancements, several market players are commercializing staplers used for endoscopic surgeries. These devices find applications across various branches of medicine, such as gynaecology, thoracic, and gastrointestinal-related surgeries as well as tissue & wound management procedures.
The demand for surgical stapling devices is poised to increase owing to rise in bariatric procedures and implementation of advanced technologies to perform endoscopic procedures. In addition, introduction of powered surgical devices and soaring need for tissue & wound management is likely to further drive the market.
Further key findings from the report suggest:
·         Manual surgical stapling devices dominated the market in terms of revenue in 2018. However, powered devices are projected to witness strong growth during the forecast period
·         An alarming number of emergency cases can lead to surgical fatigue, thereby, reducing productivity. Powered stapling devices allow surgeons to perform more number of surgeries in emergency wards
·         There is an increasing demand for disposable devices due to heightened concerns for communicable infections. Owing to which, disposable staplers are likely to dominate the market through 2026
·         Disposable staples are made of plastic, whereas reusable staples are made of stainless steel. Both disposable and reusable staples have disposable cartridges and although reusable, staplers generate lesser surgical waste
·         North America dominated the overall market in terms of revenue in 2018. The growth of the region can be attributed to surging bariatric surgeries, introduction of powered staples, and soaring need for tissue and wound management
·         Key industry contributors include Covidien plc; Ethicon Endo-Surgery, Inc.; Intuitive Surgical, Inc.; United States Surgical Corp; Cardica, Inc.; Zimmer Holdings, Inc.; Stryker Corporation; Smith & Nephew plc; Conmed Corporation; and CareFusion Corporation
·         In November 2018, Ethicon launched ECHELON FLEX GST System for exceptional staple line integrity across wide range of tissue thickness under its Bariatric Revision Surgical Solutions.
Initially, sutures were widely used for wound closure surgeries. However, introduction of staplers has gradually outpaced the suture market due to several advantages. Apart from being a tedious process, sutured sites may exhibit wound leakage and separation, whereas surgical staplers offer better speed, accuracy, and efficient wound closure.
With increasing technological advancements, several market players are commercializing staplers used for endoscopic surgeries. These devices find application across various branches of medicine, such as gynaecology, thoracic, gastrointestinal-related surgeries, and tissue & wound management procedures.
Moreover, in developing countries, such as India and China, surgical staplers are widely employed for bariatric surgeries. Covidien plc and Ethicon Endo-Surgery, Inc. offering titanium stomach staples, reported that obesity-related surgeries in India have doubled since 2013 and hence, the number of bariatric procedures has increased in the country.
Conventionally, manual surgical staplers were used along with scalpels, forceps, and scissors. With surging demand and increasing frequency of surgeries, powered stapling devices are expected to post a higher CAGR over the forecast period. These powered devices help doctors address the problem of fatigue that may be caused due to high procedure volume in hospital emergency wards.
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Grand View Research has segmented the global surgical stapling devices market based on product, type, end use:
Surgical Stapling Devices Product Outlook (Revenue, USD Million, 2015 - 2026)
·         Powered Surgical Stapling Device
·         Manual Surgical Stapling Device
Surgical Stapling Devices Type Outlook (Revenue, USD Million, 2015 - 2026)
·         Disposable Surgical Stapling Device
·         Reusable Surgical Stapling Device
Surgical Stapling Devices End-Use Outlook (Revenue, USD Million, 2015 - 2026)
·         Hospitals
·         Ambulatory Centers
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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