At 8.5% CAGR, the North America Surgical Stapling Devices Market is projected to be worth US$ 3,208.08 million by 2028, says Business Market Insights

According to Business Market Insights’ research, the North America surgical stapling devices market was valued at US$ 1,962.94 million in 2022 and is expected to reach US$ 3,208.08 million by 2028, registering an annual growth rate of 8.5% from 2022 to 2028. Increase in wounds and surgical procedures and new product launches and strategic collaborations are the critical factors attributed to the North America surgical stapling devices market expansion.                

According to an article by the American College of Surgeons, 1–2% of people in developed countries are likely to suffer from a chronic wound once in their lifetime. Similarly, per the Centers for Disease Control and Prevention (CDC) estimates, ~385,000 sharp and needlestick injuries occur every year among healthcare workers in the US, and the number is likely to reach up to 800,000 injuries in a year. Apart from sharp injuries, the cases of work-related injuries or occupational injuries are rising across region. Poor working conditions are the leading cause of chronic wounds among people. According to the International Labor Organization, ~2.3 million people yearly suffer from work-related accidents. These wounds affect their health and quality of life. The burden of chronic wounds eventually underlines the need for advanced wound care management. Various countries spend significant amounts on treating injuries and avoiding associated risks.  The geriatric population is prone to severe health conditions, which may require surgeries as a treatment option. Surgeries for hernias, cataracts, and joint replacement are more common among these people. Further, aesthetic surgical procedures are more common among people working in the entertainment industry. These surgeries are performed on patients who require the replacement of a body part due to an injury or a deformity. Therefore, a rise in the number of surgeries performed at hospitals or similar healthcare centers drives the demand for North America surgical stapling devices market for the closure of incision sites.

On the contrary, increase in product recalls and high cost of surgical stapling devices hurdles the growth of North America surgical stapling devices market.    

Based on product, the North America surgical stapling devices market is segmented into powered surgical staplers and manual surgical staplers. The powered surgical staplers segment held 57.7% market share in 2022, amassing US$ 1,133.30 million. It is projected to garner US$ 1,910.10 million by 2028 to expand at 9.1% CAGR during 2022–2028.  

Based on type, the North America surgical stapling devices market is segmented into disposable surgical staplers and reusable surgical staplers. The disposable surgical staplers segment held 60.9% market share in 2022, amassing US$ 1,194.72 million. It is projected to garner US$ 1,989.28 million by 2028 to expand at 8.9% CAGR during 2022–2028.

Based on application, the North America surgical stapling devices market is segmented into orthopedic surgery, endoscopic surgery, cardiac and thoracic surgery, abdominal and pelvic surgery, and others. The orthopedic surgery segment held 33.9% market share in 2022, amassing US$ 664.73 million. It is projected to garner US$ 1,146.89 million by 2028 to expand at 9.5% CAGR during 2022–2028.

Based on end user, the North America surgical stapling devices market is segmented into hospitals and ambulatory surgical centers. The hospitals segment held 71.0% market share in 2022, amassing US$ 1,393.24 million. It is projected to garner US$ 2,310.81 million by 2028 to expand at 8.8% CAGR during 2022–2028.

Based on country, the North America surgical stapling devices market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 67.1% market share in 2022. It was assessed at US$ 1,317.13 million in 2022 and is likely to hit US$ 2,194.33 million by 2028, exhibiting a CAGR of 8.9% during the forecast period.    

Key players dominating the North America surgical stapling devices market are 3M Co, B. Braun SE, Conmed Corp, Ethicon USA LLC, Intutive Surgical Inc, and Medtronic Plc among others.  

• In Dec 2021, Intutive Surgical Inc received FDA clearance for 8 mm SureForm 30 Curved-Tip Stapler. and reloads for use in general, thoracic, gynecologic, urologic, and pediatric surgery.

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