Number of pages: 100 | Report Format: PDF | Published date: May 01, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
Report Attribute |
Details |
CAGR |
4.8% |
Base Year for Estimation |
2022 |
Forecast Period |
2023 to 2031 |
Historical Year |
2021 |
Segments Covered |
Type, Application, Technology, And Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global gastrointestinal staplers market is expected to grow at a revenue CAGR of 4.8% from 2023 to 2031.
Gastrointestinal Staplers Market Fundamentals
Gastrointestinal staplers are specialized surgical instruments that are used to cut and staple sections of the gastrointestinal (GI) tract during surgery. They are designed to close the ends of the GI tract quickly and efficiently after removal or resection of a segment. These staplers are commonly used in stomach, small intestine, colon, and rectum surgeries. The staples they produce create a secure, leak-proof seal that helps to prevent leakage of bodily fluids and contents from the GI tract. They are also useful in reducing the time required for surgery and minimizing the risk of infection. Gastrointestinal staplers can be either manual or powered and are available in various sizes and configurations to suit different surgical needs. Some models also include features like adjustable staple height and automatic staple firing for improved precision and ease of use.
Gastrointestinal Staplers Market Dynamics
The rising incidence of gastrointestinal diseases, such as colon cancer, inflammatory bowel disease, and diverticulitis, drives demand for gastrointestinal staplers. These conditions often require surgery, and using stapling devices can help improve surgical outcomes. According to the WHO, in 2020, almost 2 million cases of colorectal cancer were diagnosed. It is the second most common cause of cancer death, leading to almost 1 million deaths per year. Technological advancements have led to the development of gastrointestinal staplers that are more efficient, easy to use, and safe. The introduction of ergonomic designs and new materials has improved the performance of gastrointestinal staplers and enhanced patient outcomes. The rising popularity of minimally invasive surgical procedures is fueling demand for gastrointestinal staplers. These staplers offer a range of benefits over conventional open surgeries, such as decreased pain, quicker recovery periods, and reduced risk of complications.
Moreover, the adoption of disposable gastrointestinal staplers is increasing due to their convenience and reduced risk of cross-contamination. Disposable staplers are designed for single use, reducing infection risk and improving patient safety. They are also more convenient for healthcare providers, as they eliminate the need for sterilization and reduce the time required for instrument preparation. The development of healthcare infrastructure, particularly in emerging economies, is increasing access to healthcare services, including surgical procedures. As healthcare infrastructure improves, more patients gain access to surgical procedures, and demand for gastrointestinal staplers is increasing accordingly. In addition, as healthcare systems in emerging economies become more sophisticated, surgeons in these regions are increasingly adopting newer surgical techniques and tools, including gastrointestinal staplers.
However, the availability of alternative surgical techniques, such as sutures and clips, can be used in place of gastrointestinal staplers for some procedures, restricting the gastrointestinal staplers market growth. Moreover, the high cost of gastrointestinal staplers is limiting adoption and accessibility, particularly in developing economies. The use of gastrointestinal staplers requires specialized training and expertise, and a shortage of skilled healthcare professionals is also cramping the gastrointestinal staplers market growth.
Gastrointestinal Staplers Market Ecosystem
The global gastrointestinal staplers market is analyzed from four perspectives: type, application, technology, and region.
Gastrointestinal Staplers Market by Type
[34545]
Based on the types, the global gastrointestinal staplers market is segmented into straight staplers, curved staplers, and circular staplers.
The straight stapler segment accounted for the largest revenue share of the gastrointestinal staplers market. Straight staplers can be used for various surgical procedures, making them a versatile tool for surgeons. Straight staplers have been on the market for a longer period than other types of gastrointestinal staplers and are more widely available as a result. This has contributed to their dominance in the market. Straight staplers are generally considered easier to use than other types of gastrointestinal staplers, as they have a simpler design and are more straightforward to load and fire. Straight staplers are often less expensive than other gastrointestinal staplers, making them a more attractive option for healthcare providers. Many surgeons have experience using straight staplers, which can make them more comfortable using these devices in surgical procedures and fueling the segment growth.
The curved stapler segment is anticipated to register a lucrative growth rate during the forecast period from 2023 – 2031. Curved staplers are particularly useful in certain procedures, such as those involving the rectum and colon, where they can provide better access and precision. As these procedures become more common, the demand for curved staplers is increasing. Curved staplers have undergone design improvements, making them more effective and easier to use. Some curved staplers now have a smaller profile and improved articulation, which makes them easier to maneuver in tight spaces. As more surgeons become aware of the benefits of curved staplers, the demand for these devices has increased.
Gastrointestinal Staplers Market by Application
Based on the applications, the global gastrointestinal staplers market is segmented into gastrointestinal anastomosis, hemorrhoid surgery, laparoscopic surgery, prolapse surgery, and others.
The hemorrhoid surgery segment accounted for a prominent gastrointestinal staplers market revenue share. Hemorrhoids are a common condition affecting a significant number of people globally. This has resulted in a large patient pool for hemorrhoid surgeries, which in turn has driven the demand for gastrointestinal staplers. According to the National Center For Biotechnology Information, the prevalence of hemorrhoids in the general population is estimated to be 4.4% globally. Hemorrhoid surgeries are relatively straightforward procedures, and gastrointestinal staplers are generally considered easy to use in these surgeries. This has contributed to their widespread adoption in the market. Gastrointestinal staplers have been widely used in hemorrhoid surgeries for many years and are widely available in the market. This has contributed to their dominance in this particular segment of the gastrointestinal staplers market. Hemorrhoid surgeries are often performed on an outpatient basis, and the use of gastrointestinal staplers can reduce the procedure's length, making it a more cost-effective option for healthcare providers. This cost-effectiveness has further contributed to the widespread adoption of gastrointestinal staplers in hemorrhoid surgeries.
The laparoscopic surgery market accounted for a significant gastrointestinal staplers market share in 2022. Laparoscopic surgery is a minimally invasive surgical technique that uses a small incision and a camera to perform surgery. This technique has advanced significantly in recent years, making it an increasingly popular option for surgeons and patients. Laparoscopic surgery has several benefits over traditional open surgeries, including reduced pain, faster recovery time, and fewer complications. As a result, there is a growing preference for laparoscopic surgery among patients and healthcare providers, which has increased the demand for gastrointestinal staplers used in these procedures. Gastrointestinal staplers are widely used in laparoscopic surgeries, and a variety of stapler types are available for these procedures. This has contributed to the popularity of laparoscopic surgeries and the demand for gastrointestinal staplers. As healthcare infrastructure continues to improve in many countries, the availability and accessibility of laparoscopic surgeries are increasing. This has further contributed to the demand for gastrointestinal staplers used in these procedures.
Gastrointestinal Staplers Market by Technology
Based on the technologies, the global gastrointestinal staplers market is segmented into manual stapler, and powered stapler.
The manual stapler segment accounted for the prominent gastrointestinal staplers market share in 2022. Manual staplers have been available in the market for several decades and are widely used in gastrointestinal surgeries. They are also readily available and are often the first choice for healthcare providers due to their reliability and ease of use. Manual staplers are generally less expensive than their electronic counterparts, making them a more cost-effective option for healthcare providers, particularly in low- and middle-income countries. Manual staplers are simple to use and require minimal training, making them a popular choice for healthcare providers who may not have extensive experience in gastrointestinal surgeries. Manual staplers come in a variety of sizes and types, including straight and curved staplers, which can be used in different parts of the gastrointestinal tract. This range of options has contributed to their dominance in the market.
The powered stapler segment is expected to register the fastest growth during the forecast period 2023 – 2031. Powered staplers use advanced technology to deliver more precise and consistent results compared to manual staplers. This has led to a growing demand for powered staplers, particularly in complex surgeries where precision is critical. Powered staplers are faster and more efficient than manual staplers, resulting in shorter surgery times and faster recovery for patients. This advantage has led to a growing preference for powered staplers among healthcare providers and patients. Powered staplers can reduce the risk of complications such as leaks and bleeding during surgeries, which has contributed to their growing popularity in the market. Chronic diseases such as colorectal cancer and obesity are on the rise, which has led to an increase in the number of gastrointestinal surgeries being performed. Powered staplers offer a more efficient and effective option for these surgeries, contributing to their market growth.
Gastrointestinal Staplers Market by Region
Geographically, the global gastrointestinal staplers market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The North America region has the largest gastrointestinal staplers market size in terms of revenue generation. North America has a high prevalence of gastrointestinal diseases such as colorectal cancer, inflammatory bowel disease, and diverticulitis. This has led to an increase in the number of gastrointestinal surgeries being performed, which has contributed to the growth of the regional market. North America's well-developed healthcare infrastructure includes advanced medical technologies and skilled healthcare professionals. This has enabled the adoption of advanced stapling devices in gastrointestinal surgeries. There is a growing trend towards minimally invasive surgeries in North America, which has led to increasing demand for gastrointestinal staplers. These staplers offer several advantages over traditional open surgeries, including reduced pain, faster recovery time, and fewer complications. The favorable reimbursement policies in North America for gastrointestinal surgeries have encouraged the adoption of advanced stapling devices, which has also fueled regional growth.
Gastrointestinal Staplers Competitive Landscape
The prominent players operating in the global gastrointestinal staplersmarket are:
Gastrointestinal Staplers Strategic Developments
Gastrointestinal staplers are specialized surgical instruments used to cut and staple sections of the gastrointestinal (GI) tract during surgery. They are designed to close the ends of the GI tract quickly and efficiently after the removal or resection of a segment.
Asia Pacific can be considered as the key growth region due to the surge in gastrointestinal staplers industry trends in China, Japan, and the Indian subcontinent.
The prominent players operating in the global gastrointestinal staplers market are Medtronic Plc, Johnson & Johnson (Ethicon), Smith and Nephew Plc, Conmed Corporation, Stapleline Medizintechnik GmbH.
The global gastrointestinal staplers market growth is estimated to be at a revenue CAGR of 4.8%.
The straight staplers segment dominates the global gastrointestinal staplers market.
*Insights on financial performance are subject to the availability of information in the public domain