Cutter Staplers Market Report

Market Insights

What is Cutter Staplers?

Cutter staplers are similar to surgical stapling devices which are used in surgical procedures to close or seal the wound or the incised portion of the body. It offers four curvilinear rows of staples with a single cut between them, enabling simultaneous cutting & stapling while removing the need for a scalpel and a bowel clamp. They can be widely used during minimally invasive image-guided procedures. These are specialized instruments that can be used to seal both internal as well as external wounds. These staplers were are invented to replace the conventional sutures, which were used for wound closure and are still commonly used in the medical community.

The Cutter Staplers Market is estimated to grow from USD 2.7 billion in 2020 to USD 4.1 billion by 2026 at a healthy CAGR of 7.6% during the forecast period.

Figure: Cutter Staplers Market Size, 2020-2026 (USD Million)

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Market Drivers

The Cutter Staplers market is mainly driven by a rising preference for cutter staples over surgical sutures & blades and technological advancements. Also, most of the key players are commercializing cutter staplers used for endoscopic surgeries, thus expanding the market growth. Moreover, the implementation of advanced technologies to perform endoscopic procedures as well as rise in bariatric procedures. In addition, the advent of curved cutter staplers, increasing preference for minimally invasive surgery, surging need for tissue & wound management is likely to bolster the product demand in the coming years.

Covid-19 Impact Analysis

The outbreak of COVID-19 moderately affected the cutter staplers industry as the pandemic resulted in a surge in the number of patients. This resulted in shift of healthcare facilities mainly towards COVID-19 care as well as lesser funds and postponement for minor surgeries, thereby affecting the market growth.

Segments' Analysis

Application Trends

Based on application, the cutter staplers market has been divided into abdominal surgery, obstetrics and gynecological surgeries, cardiac and thoracic surgeries, orthopedic surgery, and others. The obstetrics and gynecological surgeries segment held a significant market share in 2020. This is mainly attributed to a rising number of childbirths across the globe. Moreover, a high prevalence of female reproductive organ disorders, such as uterine cancer, cervical cancer, and polycystic ovary syndrome, has resulted in more gynecologic surgeries, thus augmenting the segment growth.

Regional Trends

By region, the North American Cutter Staplers market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The cutter staplers market growth is mainly propelled by the usage of advanced technologies & non-invasive methods in increasing the number of total surgeries performed. Also, FDA approval for non-invasive surgeries, high obesity rate, and well-established healthcare facilities further bolster the regional market growth.

The Asia-Pacific Cutter Staplers market is expected to grow at the highest CAGR during the review on account of the growth of the major end-use industries. This growth is mainly attributed to the presence of a large patient pool in China, India, and Japan. Also, increasing awareness regarding gynecology diseases among women and surging funds for healthcare facilities further proliferate the regional market expansion.

Critical Questions Answered in the Report

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global cutter staplers market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026. Following are the critical questions answered in the report.

• What are the key trends in the cutter staplers market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the cutter staplers market?
• What are the key strategies adopted by the major vendors to lead in the cutter staplers market?
• What is the market share of the top vendors?

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Key Players

Key players operating in the Cutter Staplers Market are-

• Changzhou Ankang Medical Instruments (China)
• Frankenman International Ltd (China)
• Infiniti Medical (India)
• Johnson & Johnson (US)
• Locamed (UK)
• Medtronic (Ireland)
• Reach surgical (China)
• Surkonmed (China)
• Purple Surgical (UK)
• Zhejiang Geyi Medical Instrument (China)

Target Audience

The target audience of Cutter Staplers Market includes-

• Cutter Staplers Vendors
• Cutter Staplers Manufacturers
• Cutter Staplers Distributors
• Organizations
• Government Bodies.

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