Global Industry News

Technological Advancements and Growing Demand Propel Growth in the Surgical Stapler Industry

In 2023, the surgical stapler market was valued at USD 5.3 billion. It is expected to grow at a rate of 6.9% from 2024 to 2030, reaching USD 8.4 billion by 2030. This growth is driven by the increasing preference for staplers over sutures.



Technological advancements have led several industry companies to commercialize staplers to meet the rising demand from doctors worldwide. These devices are used in various medical fields, including thoracic, gynecology, and gastrointestinal surgeries, as well as tissue and wound management procedures.

North America leads the market due to the rise in medical procedures, acceptance of advanced technologies, and the popularity of non-invasive methods. The high incidence of obesity, presence of major medical consumable companies, and regulatory approval for minimally invasive procedures contribute significantly to the region's market share. Specialized devices for thoracoscopic and laparoscopic procedures using medical staplers are now available.

Continued technological progress will drive the growth of this sector. Medical device manufacturers are developing staplers with enhanced safety features, ergonomic designs, and precision to meet evolving healthcare needs. Stapling designs are also improving with the integration of advanced imaging technologies, robotics, and AI.

The trend towards single-use sterile devices and the reduced need for cleaning, disinfecting, and maintenance should also be noted. Focusing on reducing hospital infection rates and improving patient flow in healthcare facilities will further promote industry growth.

Ambulatory surgical centers (ASCs) will become a preferred model for service delivery due to limited financial resources in developed and developing countries. ASCs offer quicker turnover and shorter waiting times, making them attractive to patients.

However, hospitals will continue to dominate the market during the forecast period. Most complex and open surgeries are performed in hospitals, as ASCs and independent clinics often lack the necessary specialists and equipment. Additionally, only large, well-funded hospitals can afford expensive medical robots, making them the primary venues for minimally invasive surgeries.

In summary, the commercialization of staplers by industry companies to meet the growing demand from doctors worldwide, driven by technological improvements, is propelling market growth.


Share:

Follow Me

Follow on LinkedIn

Followers

Total Pageviews

Popular Posts

Recent Posts

Label Cloud