Europe Surgical Stapling Devices Market Forecast to 2028 -Regional Analysis

The Europe surgical stapling devices market was valued at US$ 1,181.69 million in 2022 and is projected to reach US$ 1,867.06 million by 2028. It is estimated to grow at a CAGR of 7.9% from 2022 to 2028.

Increase in Wounds and Surgical Procedures Boost Europe Surgical Stapling Devices Market Growth

Poor work 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 number of cardiovascular, general, orthopedic, gynecological, and cancer surgeries performed in hospitals is increasing across Europe. 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 surgical stapling devices for the closure of incision sites.

Europe Surgical Stapling Devices Market Overview

The European surgical stapling devices market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. The region holds a significant share of the global surgical stapling devices market, and it is estimated to register a notable CAGR during the forecast period. Germany accounted for the largest share of the Europe surgical stapling devices market in 2022. According to the European Society of Gynaecological Oncology (ESGO), minimally invasive surgeries have become the standard surgical treatment of choice in Germany. According to the National Center for Biotechnology Information (NCBI) data, over 60,000 colorectal cancer (CRC) cases are diagnosed yearly in Germany. CRC is the third most common cancer in men and women, and 25,000 patients die due to this disease yearly. Surgery is a cornerstone of the treatment of CRC patients, and it is traditionally performed through an open abdominal incision. Further, according to Globocon 2020, in Germany, there were more than 67,959 new cases of prostate cancer in 2020. Thus, the rising number of surgeries to treat cancer and other diseases bolsters the need for surgical stapling devices in Germany.

Exhibit: Europe Surgical Stapling Devices Market Revenue and Forecast to 2028 (US$ Million)

Europe Surgical Stapling Devices Market Segmentation

The Europe 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 held a larger market share in 2022.

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

Based on application, the Europe 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 Europe surgical stapling devices market is segmented into hospitals and ambulatory surgical centers. The hospitals segment held a larger market share in 2022.

Based on country, the Europe surgical stapling devices market is segmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. Germany dominated the market in this region in 2022.

3M Co, B. Braun SE, Conmed Corp, Grena Ltd, Intuitive Surgical Inc, Medtronic Plc, and Purple Surgical UK Ltd are the leading companies operating in the Europe surgical stapling devices market.