FDA has issued a proposed rule to up classify surgical staplers for internal use as class II medical devices, subject to special controls and pre-market notification. Currently, both internal and external surgical staplers are classified as class I, subject to general controls and do not require a pre-market submission. External staplers will remain in class I.
The article cited AMA's "Global Surgical Stapling Devices Market Study" explored CAGR of %. According to the report, Approval and Launch of New Devices is one of the primary growth factors for the market. Increased Number of Surgical Procedures
is also expected to contribute significantly to the Surgical Stapling Devices market. Overall, Gastrointestinal Surgery
applications of Surgical Stapling Devices, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Usage, such as Disposable Surgical Stapling Devices, is boosting the Surgical Stapling Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Staple, such as Straight, is boosting the Surgical Stapling Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Hospitals, is boosting the Surgical Stapling Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Surgical Stapling Devices market identified that the demand is rising in many different parts of the world as "Rising Demand for Powered Surgical Instruments and Accessories in Emerging Economies
". Furthermore, some recent industry insights like "In Sep 2019 – Johnson & Johnson Medical Devices Companies* announced that Ethicon** has launched the industry’s first powered circular stapler. The ECHELON CIRCULAR Powered Stapler reduces leaks by 61% at the staple line compared to Medtronic’s DST Series™ EEA™ Stapler." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Surgical Stapling Devices market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Surgical Stapling Devices market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Surgical Stapling Devices market size is calculated using market estimation process, the Surgical Stapling Devices market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Surgical Stapling Devices market size has been validated using both top-down and bottom-up approaches.