Rising Number of Laparoscopic Surgeries Prompting Higher Use of Surgical Stapling

Thursday, March 9, 2017 Medical Gadgets
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VALLEY COTTAGE, New York, March 9, 2017 /PRNewswire/ --

With deployment of advanced technologies, medical practitioners

will keep adopting specialised devices that facilitate specific surgical operations in medical procedures. Rising number of invasive surgeries has necessitated the need for improved devices for wound management. And, surgical staples have effectively
replaced sutures for closing wounds during such procedures. Future Market Insights recently published its report on the global market for surgical stapling devices, the highlights from which indicate that rising number of laparoscopic surgeries performed across the globe have triggered the use of surgical stapling devices.

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According to Future Market Insights, the global demand for surgical stapling devices is propelling along with the world's rising geriatric population. Lesser time consumed by surgical stapling devices for closing wounds, and the accuracy & precision of these devices is favouring their adoption for treating wounds of aged patients. In 2016, close to US$ 2,000 Mn worth of surgical stapling devices were sold in the world. The report projects that these revenues will be doubled by the end of 2026, projecting that the global surgical stapling devices market will soar steadily at 7.6% CAGR.

Request a Sample Report with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-gb-867

In the report, titled "Surgical Stapling Devices Market: Global Industry Analysis and Opportunity Assessment, 2016-2026," North America has been identified as the largest market for surgical stapling devices. By the end of forecast period, more than US$ 1,000 Mn revenues will be solely attributed by North America's surgical stapling devices market. Advanced healthcare infrastructure in Western Europe has facilitated the region's surgical stapling devices market, which will register a value CAGR of 7.9% through 2026. Although, fastest consumption of surgical stapling devices will be witnessed in the Asia-Pacific excluding Japan (APEJ) region. The APEJ surgical stapling devices market is expected to soar at the highest CAGR of 8.6%. 

Leading Manufacturers of Surgical Stapling Devices: Medtronic plc, Grena Ltd., Purple Surgical Holdings Limited, Dextera Surgical Inc., Johnson & Johnson Services, Inc., 3M Company, and Meril Life Sciences Pvt. Ltd.

Preview Analysis on Global Surgical Stapling Devices Market Segmentation By End User - Hospitals, Ambulatory Surgical Centres and Others; By Stapling Type - Straight, Curved and Circular; By Usage Type - Disposable Surgical Stapling Devices, Reusable Surgical Stapling Devices; By Indication - Skin, Digestive Tract, Blood Vessels, Hernia, Lungs and Others; By Product - Powered Surgical Stapling Devices, Manual Surgical Stapling Devices: http://www.futuremarketinsights.com/reports/surgical-stapling-devices-market

The report reveals that hospitals will remain the largest end-users of surgical stapling devices in the world - accounting for more than 60% of global revenues. Meanwhile, the demand for surgical stapling devices will also gain traction in ambulatory surgical centres. Key findings in the report indicate that powered surgical stapling devices worth US$ 1,182 Mn were sold globally in 2016, while the demand for manual surgical stapling products is anticipated to incur a downtrend in the years to come. 

Throughout the forecast period, six out of ten surgical stapling devices sold in the world are likely to be disposable, while revenues from reusable surgical stapling products will be growing at a sluggish rate. Preference to curved surgical stapling is also on a rise, revenues from which are expected to soar impressively at 9% CAGR.

Speak with Analyst for any Report Related Queries: http://www.futuremarketinsights.com/askus/rep-gb-867

Dermatological surgeries will undoubtedly require greater number of surgical stapling devices. The report estimates that in 2016, nearly US$ 600 million revenues were amassed from the sales of surgical stapling devices in treatment of skin-related surgical wounds. The use of advanced surgical stapling devices is also expected to gain momentum for closing dissected or ruptured blood vessels during surgeries. Wounds situated in the patient's digestive tract are also being treated by surgical stapling, and by the end of 2026, around US$ 665 million worth of devices will be consumed for such treatments.

More from FMI's Cutting-edge Intelligence: 

  • Balloon Catheter Market Segmentation By Product - Normal, Cutting, Scoring, Drug Eluting, and Stent Graft Balloon Catheter; By Disease Indication - Coronary Artery Disease, Peripheral Vascular Disease; By Raw Material - Polyurethane, Nylon; By End User - Hospitals, Public Hospitals, Private Hospitals, Ambulatory Surgical Centres, Cardiac Catheterisation Laboratories: http://www.futuremarketinsights.com/reports/balloon-catheter-market
  • Paediatric Vaccine Market Segmentation By Technology - Live Or Attenuated Vaccine, Inactivated Or Killed Vaccine, Toxoid Vaccine, Conjugate Vaccine and Subunit Vaccine; By Indication - Pneumococcal Conjugate Vaccine, DTP Vaccine, Influenza, Meningococcal Vaccine, Polio Vaccine, Rotavirus Vaccine, MMR Vaccine and Varicella Virus Vaccine; By End User - Hospital Pharmacies, Retail Pharmacies and Institutional Health Centres; By Vaccine Type - Monovalent Vaccines and Multivalent Vaccines: http://www.futuremarketinsights.com/reports/pediatric-vaccines-market
  • Pharmacy Automation Systems Market Segmentation By Product - Medication Dispensing Cabinets, Packaging and Labelling System, IV Pharmacy, Robotic Dispensing System, Carousel Storage Systems and Tablet Splitters; By Application - Drug Dispensing & Packaging, Drug Storage and Inventory Management; By End-User - Hospital Pharmacies, Clinic Pharmacies, Retail Pharmacies, Mail Order Pharmacies and Pharmaceutical SMEs: http://www.futuremarketinsights.com/reports/global-pharmacy-automation-system-market

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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