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Global Surgical Staplers Market to Reach $5.7 Billion by 2027

Research and Markets
·2-min read

Dublin, Feb. 15, 2021 (GLOBE NEWSWIRE) -- The "Surgical Staplers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Surgical Staplers estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$5.7 Billion by 2027, growing at a CAGR of 6% over the period 2020-2027. Manual, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Powered segment is readjusted to a revised 8.2% CAGR for the next 7-year period.

The Surgical Staplers market in the U. S. is estimated at US$1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • 3M Company

  • B. Braun Melsungen AG

  • Becton, Dickinson and Company

  • ConMed Corporation

  • Dextera Surgical, Inc.

  • Ethicon US LLC

  • Frankenman International Ltd.

  • Grena Ltd.

  • Intuitive Surgical, Inc.

  • Medtronic PLC

  • Meril Life Sciences Pvt., Ltd.

  • Purple Surgical

  • Reach Surgical, Inc.

  • Smith & Nephew PLC

  • Welfare Medical Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares

  • Surgical Staplers Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/kpnh9x

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