The laparoscopic cutting stapler market was valued at $0.8 billion in 2023, and is projected to reach $1.6 billion by 2033, growing at a CAGR of 7.1% from 2024 to 2033.
A laparoscopic cutting stapler is a specialized surgical tool used during minimally invasive surgeries to simultaneously cut and staple tissues. This device is commonly employed in laparoscopic procedures, where small incisions are made in the body, and a camera and instruments are inserted to perform the surgery. The stapler allows surgeons to cut through tissue while also placing staples to secure or close the tissue, making it ideal for procedures like bowel resections, gastric bypass surgeries, and other gastrointestinal surgeries.
The global laparoscopic cutting stapler market is witnessing rapid growth due to factors such as rise in bariatric, colorectal, and gynecological surgeries across the globe and increase in preference for minimally invasive procedures, which offer shorter recovery times, smaller incisions, and reduced pain. As per a study published in The Lancet - a world-leading medical journal - approximately 313 million surgical procedures are undertaken worldwide each year. This highlights the urgent need for laparoscopic cutting staplers.
In addition, alarming rise in incidence of chronic diseases such as obesity, colorectal cancer, and gastrointestinal disorders is contributing to the demand for laparoscopic surgeries, which, in turn, increases the use of laparoscopic cutting staplers. A study published by the World Health Organization claimed that approximately 41 million individuals die due to chronic disease each year worldwide. Moreover, rise in number of surgeons trained in laparoscopic procedures and increase in focus on specialized training in advanced minimally invasive techniques support the use of laparoscopic cutting staplers, thereby augmenting the market growth. Furthermore, surge in geriatric population acts as the key driving force of the global market.
This is attributed to the fact that aging population is highly susceptible to diseases like colorectal cancer, obesity, and other gastrointestinal issues, which boosts the demand for laparoscopic procedures and, consequently, laparoscopic cutting staplers. A 2024 study published by the World Health Organization revealed that the number of aged individuals will increase from 1 billion in 2020 to 1.4 billion by 2030. Moreover, the number of individuals aging 80 years and older is estimated to reach 426 million by 2050. However, high upfront cost of these devices can be a significant barrier for hospitals, particularly in developing regions, limiting their widespread adoption.
In addition, improper use or malfunctions of the stapler can result in adverse outcomes such as anastomotic leaks, bleeding, or tissue damage, thus hampering the market growth. On the contrary, continuous innovation in surgical stapler design, such as the development of staplers with enhanced precision, ergonomic features, and better tissue handling capabilities, is expected to offer lucrative opportunities for the market growth during the forecast period.
The laparoscopic cutting stapler market is segmented into product type, application, end user, and region. On the basis of product type, the market is categorized into endoscopic staplers, open surgery staplers, and other surgical staplers. As per application, it is classified into gastrointestinal surgery, gynecological surgery, and pediatric surgery. By end user, it is divided into hospitals, ambulatory surgical centers, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of application, the gastrointestinal surgery segment is anticipated to exhibit the highest growth during the forecast period.
Depending on end user, the hospitals segment is projected to witness notable growth throughout the forecast period.
Region wise, North America is likely to emerge as the most lucrative market for laparoscopic cutting stapler in the upcoming years.
A laparoscopic cutting stapler is a specialized surgical tool used during minimally invasive surgeries to simultaneously cut and staple tissues. This device is commonly employed in laparoscopic procedures, where small incisions are made in the body, and a camera and instruments are inserted to perform the surgery. The stapler allows surgeons to cut through tissue while also placing staples to secure or close the tissue, making it ideal for procedures like bowel resections, gastric bypass surgeries, and other gastrointestinal surgeries.
The global laparoscopic cutting stapler market is witnessing rapid growth due to factors such as rise in bariatric, colorectal, and gynecological surgeries across the globe and increase in preference for minimally invasive procedures, which offer shorter recovery times, smaller incisions, and reduced pain. As per a study published in The Lancet - a world-leading medical journal - approximately 313 million surgical procedures are undertaken worldwide each year. This highlights the urgent need for laparoscopic cutting staplers.
In addition, alarming rise in incidence of chronic diseases such as obesity, colorectal cancer, and gastrointestinal disorders is contributing to the demand for laparoscopic surgeries, which, in turn, increases the use of laparoscopic cutting staplers. A study published by the World Health Organization claimed that approximately 41 million individuals die due to chronic disease each year worldwide. Moreover, rise in number of surgeons trained in laparoscopic procedures and increase in focus on specialized training in advanced minimally invasive techniques support the use of laparoscopic cutting staplers, thereby augmenting the market growth. Furthermore, surge in geriatric population acts as the key driving force of the global market.
This is attributed to the fact that aging population is highly susceptible to diseases like colorectal cancer, obesity, and other gastrointestinal issues, which boosts the demand for laparoscopic procedures and, consequently, laparoscopic cutting staplers. A 2024 study published by the World Health Organization revealed that the number of aged individuals will increase from 1 billion in 2020 to 1.4 billion by 2030. Moreover, the number of individuals aging 80 years and older is estimated to reach 426 million by 2050. However, high upfront cost of these devices can be a significant barrier for hospitals, particularly in developing regions, limiting their widespread adoption.
In addition, improper use or malfunctions of the stapler can result in adverse outcomes such as anastomotic leaks, bleeding, or tissue damage, thus hampering the market growth. On the contrary, continuous innovation in surgical stapler design, such as the development of staplers with enhanced precision, ergonomic features, and better tissue handling capabilities, is expected to offer lucrative opportunities for the market growth during the forecast period.
The laparoscopic cutting stapler market is segmented into product type, application, end user, and region. On the basis of product type, the market is categorized into endoscopic staplers, open surgery staplers, and other surgical staplers. As per application, it is classified into gastrointestinal surgery, gynecological surgery, and pediatric surgery. By end user, it is divided into hospitals, ambulatory surgical centers, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By product type, the endoscopic staplers segment is expected to dominate the market from 2024 to 2033.On the basis of application, the gastrointestinal surgery segment is anticipated to exhibit the highest growth during the forecast period.
Depending on end user, the hospitals segment is projected to witness notable growth throughout the forecast period.
Region wise, North America is likely to emerge as the most lucrative market for laparoscopic cutting stapler in the upcoming years.
Competition Analysis
Competitive analysis and profiles of the major players in the global laparoscopic cutting stapler market include Johnson & Johnson, Medtronic Plc, CONMED Corporation, Smith & Nephew Plc, B. Braun SE, Intuitive Surgical Inc., Frankenman International Ltd., Changzhou Lookmed Medical Instrument Co., Ltd., Purple Surgical, and Medline Industries, LP. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to sustain the intense competition and gain a strong foothold in the global market.Additional benefits you will get with this purchase are:
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Key Market Segments
By Product Type
- Endoscopic Staplers
- Open Surgery Staplers
- Other Surgical Staplers
By Application
- Gastrointestinal Surgery
- Gynecological Surgery
- Others
By End User
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Johnson & Johnson
- Medtronic plc
- CONMED Corporation
- Smith & Nephew Plc
- B. Braun SE
- Intuitive Surgical Inc.
- Frankenman International Ltd.
- Changzhou Lookmed Medical Instrument Co., Ltd.
- Purple Surgical
- Medline Industries, LP.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: LAPAROSCOPIC CUTTING STAPLER MARKET, BY PRODUCT TYPE
CHAPTER 5: LAPAROSCOPIC CUTTING STAPLER MARKET, BY APPLICATION
CHAPTER 6: LAPAROSCOPIC CUTTING STAPLER MARKET, BY END USER
CHAPTER 7: LAPAROSCOPIC CUTTING STAPLER MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- Johnson & Johnson
- Medtronic plc
- CONMED Corporation
- Smith & Nephew Plc
- B. Braun SE
- Intuitive Surgical Inc.
- Frankenman International Ltd.
- Changzhou Lookmed Medical Instrument Co., Ltd.
- Purple Surgical
- Medline Industries, LP.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 240 |
| Published | November 2024 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value ( USD | $ 0.8 billion |
| Forecasted Market Value ( USD | $ 1.6 billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
