Surgical Stapling Device Market

Surgical Stapling Device Market Outlook from 2023 to 2033

The surgical stapling device market is projected to be valued at USD 3,977.40 million in 2023. The market research report anticipates a growth of USD 5,930.60 million by 2033. The surgical stapling device sales are expected to record a CAGR of 4.10% during the forecast period.

Surgical Stapling Device Market Trends and Highlights

• An increased demand for surgical stapling devices in various surgeries such as laparoscopic, bariatric, and endoscopic procedures.
• Due to the growing rate of chronic conditions such as obesity or even in sports-related injuries/ arthritis surgeries, the demand and usage of stapling devices have been utilized in most cases.
• The growing laparoscopic procedures elected by the patients are expected to drive the global surgical stapling devices market over the forecast period.

Attributes	Key Insights
Surgical Stapling Device Market Estimated Size in 2023	USD 3,977.40 million
Projected Market Value in 2033	USD 5,930.60 million
Value-based CAGR from 2023 to 2033	4.10%

2018 to 2022 Historical Analysis vs. 2023 to 2033 Industry Forecast Projections

The surgical stapling device market is projected to be valued at USD 3,977.40 million in 2023. The market research report anticipates a growth of USD 5,930.60 million by 2033.

A surgical stapling device improves dexterity and allows surgeons or gynecologists to improve their surgical skills and competence. The devices are increasingly being employed in various endoscopic procedures, colorectal surgery, and general surgery, among other procedures.

One of the stapling devices' distinguishing features is that it takes fewer hours to accomplish the process of wound closure. Surgical stapling devices are the surgeon's first choice in developed countries. This is expected to support the development of the surgical stapling devices market.

Sutured sites may have wound leakage and separation. Surgical staplers provide faster, more accurate, and more efficient wound closure, leading to increased adoption of stapling devices over traditional suturing methods.

Due to technological advancements, several market players are commercializing staplers used in surgical procedures. These devices can be used in various medical fields, which results in market growth in the projected period.

Market Value in 2022	USD 3,827.50 million
Market Value in 2033	USD 5,930.6 million

Surgical Stapling Device Market Growth Drivers

• The growth in surgical stapling devices can be attributed to the rise in various surgical procedures, including gastrointestinal, thoracic, and bariatric surgeries.

The demand for surgical stapling devices has grown in tandem with the increasing adoption of minimally invasive surgeries.

• As the global population ages, there is an increased demand for surgical procedures, which drives the market for surgical stapling devices.
• The increasing prevalence of chronic diseases, such as obesity, has increased surgeries to manage these conditions, driving the demand for surgical stapling devices in bariatric surgery and other obesity-related procedures.

Surgical Stapling Device Market Challenges

• The injury caused after removing stapler pins from the skin, functional failure during stapling, and the high prices of the stapling devices are the major factors responsible for hampering the market growth.
• The skin staplers used to stitch a wound need to be removed meticulously, as there is a well-defined process. While carrying out this process, there is usually some damage caused to the wound or the surgical site on the skin, which is anticipated to hinder global market development.
• The surging price of stapling devices is expected to restrain the global market development. These devices are about three times costlier than the high-grade suturing materials in the current market. This is likewise expected to limit the market growth.
• Manufacturers and healthcare providers may face liability and legal challenges in the event of complications or adverse events related to the use of surgical stapling devices.

Country-wise Insights

Forecast CAGRs from 2023 to 2033

United States	1.8%
Germany	2.5%
India	6.2%
China	5.3%

Increase in the Number of Surgical Procedures Performed In the United States Driving the Market Demand

The United States is estimated to account for a CAGR of 1.8% in the surgical stapling devices market in 2023. In the United States, the growing geriatric population, the increasing number of surgical interventions, and the growing demand for improved medical technology all create significant potential possibilities for the surgical stapling devices market.

For instance, the recent National Centre for Health Statistics report shows approximately 50 million surgeries are performed annually in the United States. A high rate of obesity in the country and an increasing number of FDA approvals for non-invasive procedures are expected to support the development of the market.

The key players are focusing on inorganic growth strategies, such as partnerships and collaborations, and new product launches in the United States, which is anticipated to fuel the market demand.

Germany Considered a Lucrative Market Due to Advances in Healthcare Settings

Germany is expected to remain the most dominant country, estimated to account for a CAGR of 2.5% surgical stapling devices market in 2023. The growing awareness regarding the use of advanced surgical staplers over traditional sutures with favorable healthcare policies is expected to drive the market in Germany over the forecast period.

An increase in the prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases is projected to increase the number of surgeries performed, increasing the demand for stapling devices. An increase in investment in the market in Germany due to a sophisticated healthcare system is adding to the market growth.

Expanding healthcare Infrastructure Fueling the Demand for Surgical Stapling Devices in China

The China surgical stapling devices market is expected to grow at a rapid rate. It will exhibit a CAGR of 5.3% in 2023 due to rising healthcare awareness and demand for advanced medical technology.

The rise in the number of surgeries performed, the growing geriatric population, and rising healthcare expenditure in China are expected to lead the market development in the coming years.

The Chinese healthcare system promotes the use of medical devices manufactured in China, and the medical devices of foreign make are partially reimbursed. This has promoted the manufacturing and use of medical devices that are made in China, leading to a considerably high number of medical device manufacturers in China. This, in turn, is leading to market development in China.

The Increased Healthcare Spending in India Boosts the Market Demand

Demand for surgical stapling devices in India is expected to account for a CAGR of 6.2% in 2023. The increasing preferences for surgical stapling devices by surgeons and increasing healthcare expenditure are primary factors leading to market growth in India.

The key players in the market are also expanding their presence in this area. Increased government and private spending as a proportion of GDP (resulting in better healthcare facilities and infrastructure) adds to the market growth.

Category-wise Insights

Demand for Manual Surgical Stapling Devices to continue gaining Traction

Segment	Manual Surgical Stapling Device (Product type)
Value Share (2023)	87.7%

By-product, the manual surgical stapling device segment is anticipated to hold the maximum share of 87.7% in 2023, expanding at a rapid rate during the forecast period owing to increasing demand for advanced technology.

The wide variety of benefits associated with manual staplers, such as manual stapling devices, are versatile and can be used in open surgeries as well as minimally invasive or laparoscopic procedures. They are widely used in various surgical specialties, including general surgery, gynecology, urology, and more.

Manual stapling devices provide a quicker and more consistent method of tissue closure compared to sutures are driving this segment's growth.

Disposable Surgical Stapling Devices will show the highest growth in the market

Segment	Disposable (Usage)
Value Share (2023)	80.4%

The disposable surgical stapling device segment will show the highest growth by usage and is expected to hold a revenue share of 80.4% in 2023.

The disposable segment is projected to show remarkable growth during the forecast years due to increased concerns regarding infectious diseases. Disposable staplers are standard as they decrease infections during surgical procedures, which ultimately enhances the technical quality.

The transmission of infections from patients to healthcare personnel can be avoided by discarding surgical staplers. The advantages of disposable staplers, such as the reduced risk of infection and superior product offerings, are expected to drive the demand for the segment.

Competitive Landscape

Companies operating in the surgical stapling devices market are competitive by nature, with a few global and local competitors.

Key players in the global surgical stapling devices market are focusing on tapping emerging markets to increase market share and the consumer base through exclusive product launches and approval in the emerging market. Some of the recent instances include

• In October 2021, Medtronic plc announced that it had received CE (Conformité Européenne) Mark for the Hugo™ robotic-assisted surgery (RAS) system, authorizing the sale of the system in Europe. CE Mark approval is for urologic and gynecologic procedures, which make up about half of all robotic procedures performed today.
• In October 2020, 3M announced the availability of PREVENA RESTOR AXIO•FORM™ Incision Management System, designed to manage post-operative incisions and the surrounding soft tissue envelope following the orthopedic surgical repair of lower extremity fractures.

Report Scope

Attributes	Details
Estimated Market Size in 2023	USD 3,977.40 million
Projected Market Valuation in 2033	USD 5,930.60 million
Value-based CAGR 2023 to 2033	4.10%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Value in USD million
Key Regions Covered	North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa
Key Market Segments Covered	Product ,  Usage ,  Stapling type ,  Indication ,  End User ,  Region
Key Countries Profiled	The United States ,  Canada ,  Brazil ,  Mexico ,  Germany ,  The United Kingdom ,  France ,  Spain ,  Italy ,  Russia ,  Poland ,  Czech Republic ,  Romania ,  India ,  Bangladesh ,  Australia ,  New Zealand ,  China ,  Japan ,  South Korea ,  GCC countries ,  South Africa ,  Israel
Key Companies Profiled	Medtronic plc.; Johnson & Johnson Services, Inc.; 3M Company; Dextera Surgical Inc.; Purple Surgical Holdings Limited; Meril Life Sciences Pvt. Ltd.; Grena Ltd.

Surgical Stapling Devices Market Segmentation

By Product:

• Powered Surgical Stapling Device
• Manual Surgical Stapling Device

By Usage:

• Disposable Surgical Stapling Device
• Reusable Surgical Stapling Device

By Stapling Type:

• Straight
• Curved
• Circular

By Indication:

• Skin
• Digestive Tract
• Blood Vessels
• Hernia
• Lung
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• Middle East and Africa

Frequently Asked Questions

What is the expected worth of the surgical stapling devices market in 2023?

The surgical stapling devices market is expected to reach US$ 3,977.40 million in 2023.

What is the future of the surgical stapling devices market?

The surgical stapling devices market is set to expand by a CAGR of 4.1% by 2033.

How much valuation is projected for the surgical stapling devices market 2033?

The surgical stapling devices market is forecast to reach US$ 5,930.60 million by 2033.

Which region will likely lead the surgical stapling devices market?

A significant share of profits will likely come from the Industry in North America.

Which is the leading product type in the surgical stapling devices domain?

The manual segment is expected to generate high revenue through 2033.