+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Asia Pacific Surgical Stapling Devices Market Forecast to 2028 -Regional Analysis

  • PDF Icon

    Report

  • 130 Pages
  • June 2023
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5888088
UP TO OFF until Dec 31st 2024
The Asia Pacific surgical stapling devices market was valued at US$ 985.06 million in 2022 and is projected to reach US$ 1,657.88 million by 2028. It is estimated to grow at a CAGR of 9.1% from 2022 to 2028.

Technological Advancement to Drive Asia Pacific Surgical Stapling Devices Market Growth

The tremendous growth in the patient population worldwide has created a demand for advanced and effective medical devices for better treatments and outcomes, which forces medical device manufacturers to innovate and develop new technologies for the upgrading of existing devices. These innovative and technologically advanced products are also meant to simplify the work of healthcare professionals. The companies are using robotics and automated technologies that accelerate operational efficiency and reduce surgery time. Moreover, a decrease in the need for manual interference reduces complications and chances of tissue damage. For instance, in 2021, Intuitive launched the first surgical stapler with robotic-assisted technology, which helps in automatic adjustments while firing staples. It also provides 120° articulation in all directions. This has also increased the application areas of these surgical stapling devices in various procedures, especially in minimally invasive procedures such as laparoscopy and arthroscopy. Additionally, in 2017, Medtronic launched a smart surgical stapler named Signia stapling system, which detects the tissue thickness and automatically adjusts the stapler’s speed. This will help healthcare professionals to maintain consistency and uniformity in stapling after surgery or during wound closure. Such technological advancement in surgical stapling devices is further expected to reduce manual errors and leakage with improved healing. They would also make it easy to reach complicated sites of a human body.

Asia Pacific Surgical Stapling Devices Market Overview

The Asia Pacific surgical stapling devices market is further segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The market in this region is expected to register the highest CAGR during the forecast period. The market growth in this region is attributed to the rising number of plastic surgeries, and the flourishment of medical tourism in emerging economies such as South Korea and India. Moreover, an increase in the number of product launches and a surge in healthcare expenditure are expected to fuel the market growth during the forecast period. The increasing incidence of cardiovascular disease (CVD) leads to a burden on the healthcare sector in China. The country recorded ~106 million CVD patients in 2019, including 33 million stroke cases. According to the 2022 report by Cardiovascular Diabetology, in China, CVDs contribute to more than 40% of total deaths. Furthermore, ischemic heart disease was the second major cause of death, and the age-standardized mortality rate (ASMR) was 103.16 per 100,000 in 2020. The elevated number of cases of high blood pressure is the leading cause of vast CVD prevalence in the country. Thus, the increasing need for surgeries for treating CVDs, in turn, creates a high demand for surgical stapling devices in China.

Asia Pacific Surgical Stapling Devices Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Surgical Stapling Devices Market Segmentation

The Asia Pacific surgical stapling devices market is segmented on the basis of product, type, application, end user, and country.

Based on product, the market is segmented into powered surgical staplers and manual surgical staplers. The powered surgical staplers segment accounted for a larger market share in 2022.

Based on type, the Asia Pacific surgical stapling devices market is segmented into disposable surgical staplers and reusable surgical staplers. The disposable surgical staple segment held a larger market share in 2022.

Based on application, the Asia Pacific 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 registered the largest market share in 2022.

Based on end user, the Asia Pacific surgical stapling devices market is segmented into hospitals and ambulatory surgical centers. The hospitals segment accounted for a larger market share in 2022.

Based on country, the Asia Pacific surgical stapling devices market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the market in this region in 2022.

3M Co, B. Braun SE, Conmed Corp, Ethicon USA LLC, Frankenman International Ltd, Intutive Surgical Inc, Medtronic Plc, and Panther Healthcare Medical Equipment Co Ltd are the leading companies operating in the Asia Pacific surgical stapling devices market.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia-Pacific Surgical Stapling Devices Market - by Product
1.3.2 Asia-Pacific Surgical Stapling Devices Market - by Type
1.3.3 Asia-Pacific Surgical Stapling Devices Market - by Application
1.3.4 Asia-Pacific Surgical Stapling Devices Market - by End User
1.3.5 Asia-Pacific Surgical Stapling Devices Market - by Country
2. Asia-Pacific Surgical Stapling Devices Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia-Pacific Surgical Stapling Devices Market - Market Landscape
4.1 Overview
4.2 Asia-Pacific PEST Analysis
4.3 Expert’s Opinion
5. Asia-Pacific Surgical Stapling Devices Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Wounds and Surgical Procedures
5.1.2 Launch of New Products and Strategic Collaborations Between Companies
5.2 Market Restraints
5.2.1 Product Recalls and High Device Costs
5.3 Market Opportunities
5.3.1 Surging Popularity of Cosmetic Surgery and Growth in Medical Tourism in Developing Countries
5.4 Future Trends
5.4.1 Technological Advancements
5.5 Impact Analysis
6. Surgical Stapling Devices Market - Asia-Pacific Analysis
6.1 Asia-Pacific Surgical Stapling Devices Market Revenue Forecast and Analysis
7. Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 - by Product
7.1 Overview
7.2 Asia-Pacific Surgical Stapling Devices Market Revenue Share, by Product 2021 & 2028 (%)
7.3 Powered Surgical Staplers
7.3.1 Overview
7.3.2 Powered Surgical Staplers: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Manual Surgical Staplers
7.4.1 Overview
7.4.2 Manual Surgical Staplers: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
8. Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 - by Type
8.1 Overview
8.2 Asia-Pacific Surgical Stapling Devices Market Revenue Share, by Type 2021 & 2028 (%)
8.3 Disposable Surgical Staplers
8.3.1 Overview
8.3.2 Disposable Surgical Staplers: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Reusable Surgical Staplers
8.4.1 Overview
8.4.2 Reusable Surgical Staplers: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
9. Asia-Pacific Surgical Stapling Devices Market Analysis and Forecast to 2028 - by Application
9.1 Overview
9.2 Asia-Pacific Surgical Stapling Devices Market, by Application 2021 & 2028 (%)
9.3 Orthopedic Surgery
9.3.1 Overview
9.3.2 Orthopedic Surgery: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Endoscopic Surgery
9.4.1 Overview
9.4.2 Endoscopic Surgery: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Cardiac and Thoracic Surgery
9.5.1 Overview
9.5.2 Cardio and Thoracic Surgery: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Abdominal and Pelvic Surgery
9.6.1 Overview
9.6.2 Abdominal and Pelvic Surgery: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
10. Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 - by End User
10.1 Overview
10.2 Asia-Pacific Surgical Stapling Devices Market Revenue Share, by End User 2021 & 2028 (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Ambulatory Surgical Centers
10.4.1 Overview
10.4.2 Ambulatory Surgical Centers: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
11. Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 -Country Analysis
11.1 Overview
11.1.1 Asia Pacific: Surgical Stapling Devices Market, by Country, 2021 & 2028 (%)
11.1.1.1 China: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.1.1 China: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.1.2 China: Surgical Stapling Devices Market, By Product, 2019-2028 (USD Million)
11.1.1.1.3 China: Surgical Stapling Devices Market, by Type, 2019-2028 (USD Million)
11.1.1.1.4 China: Surgical Stapling Devices Market, By Application, 2019-2028 (USD Million)
11.1.1.1.5 China: Surgical Stapling Devices Market, By End User, 2019-2028 (USD Million)
11.1.1.2 Japan: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.2.1 Japan: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.2.2 Japan: Surgical Stapling Devices Market, By Product, 2019-2028 (USD Million)
11.1.1.2.3 Japan: Surgical Stapling Devices Market, By Type, 2019-2028 (USD Million)
11.1.1.2.4 Japan: Surgical Stapling Devices Market, By Application, 2019-2028 (USD Million)
11.1.1.2.5 Japan: Surgical Stapling Devices Market, End User, 2019-2028 (USD Million)
11.1.1.3 India: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.3.1 India: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.3.2 India: Surgical Stapling Devices Market, By Product, 2019-2028 (USD Million)
11.1.1.3.3 India: Surgical Stapling Devices Market, By Type, 2019-2028 (USD Million)
11.1.1.3.4 India: Surgical Stapling Devices Market, By Application, 2019-2028 (USD Million)
11.1.1.3.5 India: Surgical Stapling Devices Market, By End User, 2019-2028 (USD Million)
11.1.1.4 Australia: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.4.1 Australia: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.4.2 Australia: Surgical Stapling Devices Market, By Product, 2019-2028 (USD Million)
11.1.1.4.3 Australia: Surgical Stapling Devices Market, By Type, 2019-2028 (USD Million)
11.1.1.4.4 Australia: Surgical Stapling Devices Market, By Application, 2019-2028 (USD Million)
11.1.1.4.5 Australia: Surgical Stapling Devices Market, By End User, 2019-2028 (USD Million)
11.1.1.5 South Korea: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.5.1 South Korea: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.5.2 South Korea: Surgical Stapling Devices Market, By Product, 2019-2028 (USD Million)
11.1.1.5.3 South Korea: Surgical Stapling Devices Market, By Type, 2019-2028 (USD Million)
11.1.1.5.4 South Korea: Surgical Stapling Devices Market, By Application, 2019-2028 (USD Million)
11.1.1.5.5 South Korea: Surgical Stapling Devices Market, By End User, 2019-2028 (USD Million)
11.1.1.6 Rest of Asia Pacific: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.6.1 Rest of Asia Pacific: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
11.1.1.6.2 Rest of Asia Pacific: Surgical Stapling Devices Market, By Product, 2019-2028 (USD Million)
11.1.1.6.3 Rest of Asia Pacific: Surgical Stapling Devices Market, By Type, 2019-2028 (USD Million)
11.1.1.6.4 Rest of Asia Pacific: Surgical Stapling Devices Market, By Application, 2019-2028 (USD Million)
11.1.1.6.5 Rest of Asia Pacific: Surgical Stapling Devices Market, By End User, 2019-2028 (USD Million)
12. Asia-Pacific Surgical Stapling Devices Market-Industry Landscape
12.1 Overview
12.2 Organic Growth Strategies
12.2.1 Overview
13. Company Profiles
13.1 Intutive Surgical Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic Plc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Frankenman International Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Panther Healthcare Medical Equipment Co Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 B. Braun SE
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Conmed Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 3M Co
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Publisher
14.2 Glossary of Terms
List of Tables
Table 1. Asia-Pacific Surgical Stapling Devices Market, Revenue and Forecast, 2019-2028 (US$ Mn)
Table 2. China: Surgical Stapling Devices Market, By Product - Revenue and Forecast to 2028 (USD Million)
Table 3. China: Surgical Stapling Devices Market, by Type- Revenue and forecast to 2028 (USD Million)
Table 4. China: Surgical Stapling Devices Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 5. China: Surgical Stapling Devices Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 6. Japan: Surgical Stapling Devices Market, By Product - Revenue and Forecast to 2028 (USD Million)
Table 7. Japan: Surgical Stapling Devices Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 8. Japan: Surgical Stapling Devices Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 9. Japan: Surgical Stapling Devices Market, End User - Revenue and Forecast to 2028 (USD Million)
Table 10. India: Surgical Stapling Devices Market, By Product- Revenue and Forecast to 2028 (USD Million)
Table 11. India: Surgical Stapling Devices Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 12. India: Surgical Stapling Devices Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 13. India: Surgical Stapling Devices Market, By End User- Revenue and Forecast to 2028 (USD Million)
Table 14. Australia: Surgical Stapling Devices Market, By Product - Revenue and Forecast to 2028 (USD Million)
Table 15. Australia: Surgical Stapling Devices Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 16. Australia: Surgical Stapling Devices Market, By Application - Revenue and Forecast to 2028 (USD Million)
Table 17. Australia: Surgical Stapling Devices Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 18. South Korea: Surgical Stapling Devices Market, By Product - Revenue and Forecast to 2028 (USD Million)
Table 19. South Korea: Surgical Stapling Devices Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 20. South Korea: Surgical Stapling Devices Market, By Application - Revenue and Forecast to 2028 (USD Million)
Table 21. South Korea: Surgical Stapling Devices Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of Asia Pacific: Surgical Stapling Devices Market, By Product - Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of Asia Pacific: Surgical Stapling Devices Market, By Type- Revenue and Forecast to 2028 (USD Million)
Table 24. Rest of Asia Pacific: Surgical Stapling Devices Market, By Application - Revenue and Forecast to 2028 (USD Million)
Table 25. Rest of Asia Pacific: Surgical Stapling Devices Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 26. Recent Organic Growth Strategies in the Surgical Stapling Devices Market
Table 27. Glossary of Terms
List of Figure
Figure 1. Asia-Pacific Surgical Stapling Devices Market Segmentation
Figure 2. Asia-Pacific Surgical Stapling Devices Market, by Country
Figure 3. Asia-Pacific Surgical Stapling Devices Market Overview
Figure 4. Asia-Pacific Surgical Stapling Devices Market, by Product
Figure 5. Asia-Pacific Surgical Stapling Devices Market, by Country
Figure 6. Asia Pacific: PEST Analysis
Figure 7. Experts’ Opinion
Figure 8. Asia-Pacific Surgical Stapling Devices Market: Impact Analysis of Drivers and Restraints
Figure 9. Asia-Pacific Surgical Stapling Devices Market - Revenue Forecast and Analysis
Figure 10. Asia-Pacific Surgical Stapling Devices Market Revenue Share, by Product 2021 & 2028 (%)
Figure 11. Powered Surgical Staplers: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Manual Surgical Staplers: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Asia-Pacific Surgical Stapling Devices Market Revenue Share, by Type 2021 & 2028 (%)
Figure 14. Disposable Surgical Staplers: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Reusable Surgical Staplers: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Asia-Pacific Surgical Stapling Devices Market, by Application 2021 & 2028 (%)
Figure 17. Endoscopic Surgery: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Cardio and Thoracic Surgery: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Abdominal and Pelvic Surgery: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Asia-Pacific Surgical Stapling Devices Market Revenue Share, by End User 2021 & 2028 (%)
Figure 22. Hospitals: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Ambulatory Surgical Centers: Asia-Pacific Surgical Stapling Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Asia Pacific: Surgical Stapling Devices Market, by Key Country - Revenue (2021) (USD Million)
Figure 25. Asia Pacific: Surgical Stapling Devices Market, by Country, 2021 & 2028 (%)
Figure 26. China: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 27. Japan: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 28. India: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 29. Australia: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 30. South Korea: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 31. Rest of Asia Pacific: Surgical Stapling Devices Market - Revenue and Forecast to 2028 (USD Million)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Co
  • B. Braun SE
  • Conmed Corp
  • Ethicon USA LLC
  • Frankenman International Ltd
  • Intutive Surgical Inc
  • Medtronic Plc
  • Panther Healthcare Medical Equipment Co Ltd

Table Information