Report ID: SQMIG35A2964
Report ID:
SQMIG35A2964 |
Region:
Global |
Published Date: November, 2024
Pages:
182
|
Tables:
62 |
Figures:
70
North America accounted for the largest share of 29.85% in the global surgical stapling devices market revenue in 2023. Factors contributing to this include the rising incidence of chronic diseases such as cardiac conditions and the presence of major industry players, including Intuitive Surgical, 3M, CONMED Corporation, and Medtronic. Due to having significant competitors, greater emphasis being placed on making treatments more efficient, and the fact that high investments are being made in R&D, surgical stapling devices had been a considerable part of the North American market in 2023. Significant players of the industry are situated in the US, including Johnson & Johnson, Intuitive Surgical, 3M, CareFusion Corporation, and a Becton Dickinson Company.
Factors such as raising healthcare expenditure and industry participants' and increased focus on launching technologically advanced products are predicted to result in the surge of the Europe-based surgical stapling devices market at a profitable CAGR during the forecasted period. The increase in demand for minimally invasive surgery, an enhanced knowledge of bariatric procedures, and an upsurge in the rates of chronic illnesses are expected to propel the UK surgical stapling devices market to grow at the fastest CAGR during the forecast period. Furthermore, Increased demand for minimally invasive surgeries and growing importance on the healthcare system of the country by the government is going to contribute more to the surgical stapling devices market in France at a strong compound annual growth rate during the projected period. Moreover, due to increased demand for minimally invasive procedures and increased awareness towards bariatric operations the German surgical stapling devices market is poised to grow at a fast CAGR over the course of the forecast period.
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Report ID: SQMIG35A2964