The global cutter stapler market size was estimated to be USD 2.94 billion in 2023 and is expected to reach at USD 7.12 billion by 2034 with a CAGR of 8.37% during the forecast period 2024-2034. The increase in surgical procedures, the growing utilization of surgical cutter staplers in minimally invasive surgery, advancements in technology, the rise in sports-related injuries, spinal cord injuries (SCI), and accidental fractures leading to surgical interventions, and an upsurge in the introduction of innovative & advanced medical products are some of the key factors boosting the market growth.
An upsurge in the introduction of innovative & advanced medical products is predicted to boost the market growth during the forecast period. Specialized staplers known as surgical staplers are used in surgical procedures to connect, seal, or remove sections of the intestines or lungs. Staplers are favored over sutures due to their quicker, more consistent, easier, and precise application compared to manual suturing. Modern surgical staplers are commonly made from plastic or stainless steel. For instance, in February 2023, OSSIO, Inc. has introduced the latest product, the OSSIOfiber Compression Staple. This marks the fifth product family for OSSIO, providing surgeons with the capability to progress towards enhanced, bio-integrative compression.
By product, endo cutter staplers was the highest revenue-grossing segment in the global cutter stapler market in 2023 owing to the factors such as reduced risk of complications such as tissue leakage and bleeding, ongoing technological progress, product affordability, and an increase in the introduction of advanced devices contribute to the widespread use of endo staplers. These devices are extensively utilized for creating resections, anastomoses, and transactions in various medical procedures, including those in the gastrointestinal, thoracic, gynecological, and pediatric domains. For instance, in June 2022, Ethicon, a division of Johnson & Johnson MedTech, has introduced the ECHELON 3000 Stapler in the United States. This digital device provides surgeons with straightforward, one-handed powered articulation to cater to the distinctive requirements of their patients. Additionally, open cutter staplers is predicted to grow at the fastest CAGR during the forecast period owing to the advancements in technology are on the rise, driven by the escalating health requirements of the aging population and a surge in innovations in the field of medical technology.
By usage, disposable cutter staplers was the highest revenue-grossing segment in the global cutter stapler market in 2023. Disposable staplers offer advantages in terms of convenience, safety, and cost-effectiveness. They come with a reduced risk of infection, a broader product range, and are widely adopted by medical professionals for wound and incision closure. The increased awareness of hospital-acquired infections contributes to their popularity. These devices eliminate the requirement for time-consuming sterilization, ensuring consistent performance and minimizing the risk of infections. Additionally, reusable cutter staplers is predicted to grow at the fastest CAGR during the forecast period owing to the increasing introduction of new technologies and the rising release of advanced solutions. For instance, in April 2023, Kennametal Inc. is broadening its range of metal cutting tools and solutions by introducing eight new products, including Drill Fix PRO, KCMS40 & KCMS35, KCSM15A, KenDrill Micro, KenDrill Deep HPR, Dodeka series, Mill 4-12KT, and KenShape MaPACS (brazed) and MaxPACS (indexable).
By application, obstetrics & gynecology was the highest revenue-grossing segment in the global cutter stapler market in 2023 owing to the increasing number of childbirths, a rise in the prevalence of caesarean section surgeries, advancements in technology related to cutter staplers, and an upswing in mergers and acquisitions among market participants. For instance, in September 2022, Teleflex Incorporated, a U.S.-based medical devices manufacturing company, completed the acquisition of Standard Bariatrics Inc. for $170 million. The acquisition aims to bring to market an advanced powered stapling technology designed for bariatric surgery, with expectations of enhancing sales growth and adjusted earnings per share (EPS). Standard Bariatrics Inc., also based in the U.S., specializes in developing clinical stapler technology for bariatric/metabolic surgery and economic outcome solutions for patients. Additionally, orthopedic surgery is predicted to grow at the fastest CAGR during the forecast period owing to the growing prevalence of orthopedic disorders, an increasing emphasis on ongoing advancements, and a rise in the introduction of innovative products.
By end-user, hospitals was the highest revenue-grossing segment in the global cutter stapler market in 2023 owing to the increasing demand for reliable and efficient stapling solutions, a rising inclination toward automation, and a surge in financial support from major market players. For instance, in February 2022, Standard Bariatrics, Inc., a Cincinnati-based company making strides in the field of medical devices for bariatric surgery, has successfully concluded a Series B funding round, securing $35 million ahead of the planned timeline. The achievement of key milestones, including the successful launch of the Titan SGS surgical stapler, marked the completion of the second tranche of the funding. Additionally, ambulatory surgery centers is predicted to grow at the fastest CAGR during the forecast period owing to the rising number of surgical procedures being conducted, coupled with an increasing embrace of innovative products.
North America region is anticipated for the highest revenue share during the forecast period owing to the escalating number of surgical procedures, an increase in healthcare spending, the expanding presence of major market players, ongoing technological advancements, and a growing demand for minimally invasive surgeries. For instance, in May 2022, The U.S. appeals court ruled in favor of Intuitive Surgical over Johnson & Johnson's Ethicon in two patent disputes related to surgical cutting and stapling. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing elderly population, a rise in the volume of orthopedic and cardiovascular procedures, a growing number of cesarean deliveries, the existence of well-established hospitals, and the continuous introduction of new products. For instance, in January 2023, FUJIFILM India introduced the ClutchCutter and FushKnife, expanding its range of endoscopy products to provide a comprehensive suite of offerings.
An upsurge in the introduction of innovative & advanced medical products is predicted to boost the market growth during the forecast period. Specialized staplers known as surgical staplers are used in surgical procedures to connect, seal, or remove sections of the intestines or lungs. Staplers are favored over sutures due to their quicker, more consistent, easier, and precise application compared to manual suturing. Modern surgical staplers are commonly made from plastic or stainless steel. For instance, in February 2023, OSSIO, Inc. has introduced the latest product, the OSSIOfiber Compression Staple. This marks the fifth product family for OSSIO, providing surgeons with the capability to progress towards enhanced, bio-integrative compression.
By product, endo cutter staplers was the highest revenue-grossing segment in the global cutter stapler market in 2023 owing to the factors such as reduced risk of complications such as tissue leakage and bleeding, ongoing technological progress, product affordability, and an increase in the introduction of advanced devices contribute to the widespread use of endo staplers. These devices are extensively utilized for creating resections, anastomoses, and transactions in various medical procedures, including those in the gastrointestinal, thoracic, gynecological, and pediatric domains. For instance, in June 2022, Ethicon, a division of Johnson & Johnson MedTech, has introduced the ECHELON 3000 Stapler in the United States. This digital device provides surgeons with straightforward, one-handed powered articulation to cater to the distinctive requirements of their patients. Additionally, open cutter staplers is predicted to grow at the fastest CAGR during the forecast period owing to the advancements in technology are on the rise, driven by the escalating health requirements of the aging population and a surge in innovations in the field of medical technology.
By usage, disposable cutter staplers was the highest revenue-grossing segment in the global cutter stapler market in 2023. Disposable staplers offer advantages in terms of convenience, safety, and cost-effectiveness. They come with a reduced risk of infection, a broader product range, and are widely adopted by medical professionals for wound and incision closure. The increased awareness of hospital-acquired infections contributes to their popularity. These devices eliminate the requirement for time-consuming sterilization, ensuring consistent performance and minimizing the risk of infections. Additionally, reusable cutter staplers is predicted to grow at the fastest CAGR during the forecast period owing to the increasing introduction of new technologies and the rising release of advanced solutions. For instance, in April 2023, Kennametal Inc. is broadening its range of metal cutting tools and solutions by introducing eight new products, including Drill Fix PRO, KCMS40 & KCMS35, KCSM15A, KenDrill Micro, KenDrill Deep HPR, Dodeka series, Mill 4-12KT, and KenShape MaPACS (brazed) and MaxPACS (indexable).
By application, obstetrics & gynecology was the highest revenue-grossing segment in the global cutter stapler market in 2023 owing to the increasing number of childbirths, a rise in the prevalence of caesarean section surgeries, advancements in technology related to cutter staplers, and an upswing in mergers and acquisitions among market participants. For instance, in September 2022, Teleflex Incorporated, a U.S.-based medical devices manufacturing company, completed the acquisition of Standard Bariatrics Inc. for $170 million. The acquisition aims to bring to market an advanced powered stapling technology designed for bariatric surgery, with expectations of enhancing sales growth and adjusted earnings per share (EPS). Standard Bariatrics Inc., also based in the U.S., specializes in developing clinical stapler technology for bariatric/metabolic surgery and economic outcome solutions for patients. Additionally, orthopedic surgery is predicted to grow at the fastest CAGR during the forecast period owing to the growing prevalence of orthopedic disorders, an increasing emphasis on ongoing advancements, and a rise in the introduction of innovative products.
By end-user, hospitals was the highest revenue-grossing segment in the global cutter stapler market in 2023 owing to the increasing demand for reliable and efficient stapling solutions, a rising inclination toward automation, and a surge in financial support from major market players. For instance, in February 2022, Standard Bariatrics, Inc., a Cincinnati-based company making strides in the field of medical devices for bariatric surgery, has successfully concluded a Series B funding round, securing $35 million ahead of the planned timeline. The achievement of key milestones, including the successful launch of the Titan SGS surgical stapler, marked the completion of the second tranche of the funding. Additionally, ambulatory surgery centers is predicted to grow at the fastest CAGR during the forecast period owing to the rising number of surgical procedures being conducted, coupled with an increasing embrace of innovative products.
North America region is anticipated for the highest revenue share during the forecast period owing to the escalating number of surgical procedures, an increase in healthcare spending, the expanding presence of major market players, ongoing technological advancements, and a growing demand for minimally invasive surgeries. For instance, in May 2022, The U.S. appeals court ruled in favor of Intuitive Surgical over Johnson & Johnson's Ethicon in two patent disputes related to surgical cutting and stapling. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing elderly population, a rise in the volume of orthopedic and cardiovascular procedures, a growing number of cesarean deliveries, the existence of well-established hospitals, and the continuous introduction of new products. For instance, in January 2023, FUJIFILM India introduced the ClutchCutter and FushKnife, expanding its range of endoscopy products to provide a comprehensive suite of offerings.
Segmentation: Cutter Stapler Market Report 2023 - 2034
Cutter Stapler Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Open Cutter Stapler
- Endo Cutter Stapler
- Others
Cutter Stapler Market Analysis & Forecast by Usage 2023 - 2034 (Revenue USD Bn)
- Reusable Cutter Staplers
- Disposable Cutter Staplers
Cutter Stapler Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Obstetrics & Gynecological Surgeries
- Cardiac & Thoracic Surgeries
- Orthopedic Surgery
- Abdominal Surgery
- Others
Cutter Stapler Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Ambulatory Surgical Centers
- Hospitals & Clinics
- Others
Cutter Stapler Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Cutter Stapler Market: Product Estimates & Trend Analysis
8. Cutter Stapler Market: Usage Estimates & Trend Analysis
9. Cutter Stapler Market: Application Estimates & Trend Analysis
10. Cutter Stapler Market: End-user Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Cutter Stapler Market
13. Europe Global Cutter Stapler Market
14. Asia Pacific Global Cutter Stapler Market
15. Latin America Global Cutter Stapler Market
16. MEA Global Cutter Stapler Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Alladapt Immunotherapeutics Inc.
- Aimmune Therapeutics Inc.
- Regeneron Pharmaceuticals Inc.
- Sanofi
- Vedanta Biosciences Inc.
- Prota Therapeutics
- Aravax Pty Ltd
- Teva Pharmaceuticals Industries Ltd.
- DBV Technologies
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 2.94 Billion |
| Forecasted Market Value ( USD | $ 7.12 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
