South Africa Surgical Staplers Market Size, Share, and COVID-19 Impact Analysis, By Product (Manual Surgical Stapler and Powered Surgical Stapler), By Application (Pelvis, Abdominal, Thoracic, Cardiac, Hemorrhoids, and Others), and South Africa Surgical Staplers Market Insights, Industry Trend, Forecasts to 2033.
Industry: HealthcareSouth Africa Surgical Staplers Market Insights Forecasts to 2033
- The South Africa Surgical Staplers Market Size was valued at USD 191 Million in 2023.
- The Market is Growing at a CAGR of 6.24% from 2023 to 2033
- The South Africa Surgical Staplers Market Size is Expected to Reach USD 350 Million by 2033
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The South Africa Surgical Staplers Market Size is Anticipated to Reach USD 350 Million by 2033, Growing at a CAGR of 6.24% from 2023 to 2033.
Market Overview
The South Africa surgical staplers market is a growing industry that focuses on surgical staplers for closing incisions or wounds, such as gastrointestinal, thoracic, and orthopedic surgeries. The market growth is driven by factors such as the increasing prevalence of chronic diseases, the aging population, technological advances, and government promotion of minimal or less invasive surgeries. Technological advances have increased efficiency and accuracy, making surgical staplers more popular in both public and private healthcare environments. The Department of Health in South Africa has focused on improving healthcare access and quality through various initiatives, ensuring the safety and efficacy of medical devices. This builds consumer confidence and consequently, the market growth. The growing less invasive healthcare system and infrastructure in South Africa are driving the demand for high-quality surgical staplers, as the country's healthcare system and infrastructure are developing and improving.
Report Coverage
This research report categorizes the market for the South Africa surgical staplers market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Africa surgical staplers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Africa surgical staplers market.
South Africa Surgical Staplers Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 191 Million |
Forecast Period: | 2023 – 2033 |
Forecast Period CAGR 2023 – 2033 : | 6.24% |
023 – 2033 Value Projection: | USD 350 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 262 |
Tables, Charts & Figures: | 105 |
Segments covered: | By Product, By Application |
Companies covered:: | Purple Surgical, Ethicon Inc., Medtronic plc, 3M Company, Conmed Corporation, Smith & Nephew plc, Integra LifeSciences Holdings Corporation, Grena Ltd., Frankenman International Limited, B. Braun Melsungen AG, and Other Key Vendors. |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The market for surgical staples in South Africa is driven mainly by the rising incidence of chronic illnesses such as diabetes, cancer, and cardiovascular conditions, which increase the demand for surgeries. The need for surgery is further exacerbated by the growing senior population, which raises the need for surgical staplers. Furthermore, automated and single-use staplers have improved surgical precision and efficiency due to integrated technical improvements; additionally, their aesthetic appeal has drawn patients and healthcare professionals. Additionally, minimally invasive operations that require a shorter recovery period and a lower risk of infection necessitate the use of surgical staplers in a variety of medical specialties, including gastrointestinal, thoracic, and orthopedic surgeries.
Restraining Factors
The market for advanced surgical staplers in South Africa faces challenges such as high costs, limited use in rural or underprivileged communities, lack of skilled workforce, and regulatory hurdles in the approval and distribution process. These issues limit the growth in demand for advanced surgical solutions and limit competition. Despite these challenges, the market's operation remains restricted, affecting the overall efficiency and effectiveness of the surgical stapler industry.
Market Segmentation
The South Africa surgical staplers market share is classified into product and application.
- The manual surgical stapler segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
The South Africa surgical staplers market is segmented by product into manual surgical stapler and powered surgical stapler. Among these, the manual surgical stapler segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Manual staplers are more commonly used since they are affordable, user-friendly, and capable of carrying out a wide range of procedures. These staplers are utilized in practically every hospital and clinic, particularly in environments with limited resources where there is a pressing need for reasonably priced solutions. From general to specialist surgery, manual staplers are widely used because of their dependability and convenience of usage.
- The abdominal segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the application, the South Africa surgical staplers market is divided into pelvis, abdominal, thoracic, cardiac, hemorrhoids, and others. Among these, the abdominal segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Gastrointestinal and colorectal surgery, the two most common forms of abdominal surgery worldwide, exhibit a similar trend in South Africa. As a crucial instrument for abdominal surgeries, surgical staplers are most commonly used for activities involving tissue anastomosis and incision closure. The need for surgical staplers during abdominal surgery is frequently sustained by several common ailments, such as colorectal cancer, obesity, and various gastrointestinal disorders.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Africa surgical staplers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Purple Surgical
- Ethicon Inc.
- Medtronic plc
- 3M Company
- Conmed Corporation
- Smith & Nephew plc
- Integra LifeSciences Holdings Corporation
- Grena Ltd.
- Frankenman International Limited
- B. Braun Melsungen AG
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In May 2024, Johnson & Johnson launched the ECHELON LINEAR Cutter, and OSSIO introduced small compression bio-integrative staples. The surgical stapling market is growing due to increased demand for minimally invasive procedures.
Market Segment
This study forecasts revenue at South Africa, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the South Africa surgical staplers market based on the below-mentioned segments:
South Africa Surgical Staplers Market, By Product
- Manual Surgical Stapler
- Powered Surgical Stapler
South Africa Surgical Staplers Market, By Application
- Pelvis
- Abdominal
- Thoracic
- Cardiac
- Hemorrhoids
- Others
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