Report ID: SQMIG35A2499
Report ID:
SQMIG35A2499 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
90 |
Figures:
76
Surgical Staplers Market size was valued at USD 5.15 Billion in 2023 and is poised to grow from USD 5.45 Billion in 2024 to USD 8.6 Billion by 2032, growing at a CAGR of 5.85% during the forecast period (2025-2032).
The surgical stapler market has witnessed substantial growth due to increase in prevalence of chronic disease, and rise in the number of surgical procedures In addition, the increasing adoption of minimal invasive procedures. The surgical staplers offer a wide range of advantages during surgical procedures such as shorter hospital stays, reduced postoperative complication, and faster recovery times. These advantages enhance the adoption of surgical staplers among physicians and increase efficiency in surgery.
Moreover, the advancement in surgical stapling technology and presence of key players further propel the growth of the market The development of innovative devices with advanced features, enhance the surgical procedure.
However, the high cost of surgical staplers and limited access to advanced healthcare facilities restrain the growth of the market. In addition, the presence of alternative wound closure technologies, possess a threat to the growth of the market.
The increasing awareness among physicians about the benefit of surgical staplers, and increasing technological advancement is expected to continue the growth of the market.
The increasing development in healthcare infrastructure, and initiative taken by the government for development of healthcare facilities drive the growth of the market. Emerging countries such as China, India, and Brazil, undergo rapid economic growth with improved access to healthcare services.
US Surgical Staplers Market is poised to grow at a sustainable CAGR over the next forecast year.
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Report ID: SQMIG35A2499