Europe Surgical Staplers Market Size to Grow CAGR of 7.4% by 2024 | Researc

Posted by ratna on April 3rd, 2019

Europe Surgical Staplers Market Size and Growth Rate:

The market for surgical staplers in Europe was at $ 1.26 billion in 2018 and is expected to grow to a CAGR of 7.4% by 2024 during the forecast period. Surgical staplers are specialized devices used in the medical surgeries.

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Europe Surgical Staplers Market Overview:

The part of sutures during surgery is to connect parts of the intestine, lungs or to seal wounds on the skin. Surgical staplers can be used during procedures guided by minimally invasive procedures. With the growing demand for minimally invasive surgeries, the surgical stapler market is expanding in Europe.

In recent years, there has been a paradigm shift towards minimally invasive procedures. This trend is mainly due to advances in laparoscopic techniques, which constantly evolve towards impeccable surgery. It has been shown that minimally invasive surgeries (MIS) reduce recovery time and minimize the risk of infections compared to open surgery. In addition, minimally invasive procedures have better aesthetic results, which greatly increases patient compliance. Medtronic plc recently launched a Signia (TM) surgical stapler that measures tissue variability and adjusts the firing speed and firing force based on these staplers.

Europe Surgical Staplers Market Growth Drivers and Restraints:

Recent technological advances, together with the growing preference for minimally invasive procedures, are the main drivers of the regional market during the forecast period. Other factors that drive the market include an increase in the number of general and aesthetic surgeries and the increasing use of surgical staplers in bariatric surgery. The surgical closure of the wound is intended to achieve rapid healing and satisfactory aesthetic results while minimizing the risk of infection. Surgical staplers are sometimes preferred in specialized surgeries such as minimally invasive bariatric surgery due to its ease of use and rapid application. But according to some studies, the closures of surgical wounds with staplers present a high risk of infection.

Europe Surgical Staplers Market Geographical Insights:

The surgical stapler market in Europe is divided into three geographical areas: United Kingdom, France, Germany, Italy and Spain. In terms of revenue, Europe ranks second in the world. It is expected that factors such as the growing demand for minimally invasive procedures and the increase in technological advances will drive growth in this market in the region.

Key Players of the Europe Surgical Staplers Market:

CONMED Corporation, Smith & Nephew Inc., Purple Surgical, Inc., Intuitive Surgical, Inc., Reach Surgical, Inc., Meril Life Science Pvt. Ltd., Grena Ltd., B. Braun Melsungen AG, Dextera Surgical, Inc., Frankenman International Ltd., Becton, Dickinson and Company Ltd. and Incisive Surgical, Inc., among others, are the main players in the global surgical stapler market.

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