Medtronic, Inc. one of the major company, which manufactures and sells device-based medical therapies. Its products include pacemakers; implantable defibrillators; insert able cardiac monitors; ablation products; leads and delivery systems; electrophysiology catheters; coronary and peripheral stents and related delivery systems; therapies for uncontrolled hypertension; heart valve replacement technologies; endovascular stent graft systems; and cardiac tissue ablation systems.
In Feb 2017, Medtronic company Presented Signia(TM) Stapling System for Minimally Invasive Surgery. The Signia system comprises Adaptive Firing(TM) technology that calculates the firing force and regulates the stapler’s speed based on tissue changeability dimensions, permitting for consistent staple lines.
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Market Data Forecast published a report named Surgical Staplers Market. Global Surgical Staplers Market worth was USD 3.7 billion in 2018, and it was expected to reach a CAGR of 7.5%, to reach USD 5.31 billion by 2023.
Report segmented as:
- Disposable Stapler
- Reusable Stapler
- Manual Surgical Stapler
- Powered Surgical Stapler
The rising number of surgical processes demanding surgical staplers has estimated to be a central aspect affecting the global surgical staplers market, and increasing geriatric population and rising existences of long-lasting ailments due to lifestyle-induced conditions are the other essential factors affecting the current global surgical staplers market.
Based on geography, the market divided under many countries namely North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America led the market share in the world.
Key Market Players:
- Ethicon Inc. (U.S.)
- Medtronic plc (Ireland)
- CONMED Corporation (U.S.)
- Welfare Medical Ltd. (U.K.)
- Dextera Surgical Inc. (U.S.)
- Reach surgical Inc. (China)
- Braun Melsungen AG (Germany)
- Purple Surgical Inc. (U.K.)
- Grena Ltd. (U.K.)
- Dickinson Company (U.S.)
- Smith & Nephew (U.K.)
- Intuitive Surgical Inc. (U.S.)
- Meril Life Science Pvt. Ltd. (India)
- Frankenman International (China)
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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