Surgical Stapling Devices Market Analysis Report 2025: Disposable Surgical Stapling Devices Lead Expansion Amid Rising Demand for Minimally Invasive Procedures - Global Forecast to 2029 [Y...
Johnson & Johnson (JNJ)
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Source: Yahoo! Finance
The global surgical stapling devices market, valued at $5.23 billion in 2023, is anticipated to grow to $8.32 billion by 2029, with a CAGR of approximately 8%. This growth is propelled by the rising demand for minimally invasive procedures and increased healthcare investments, especially in emerging nations. Market segmentation highlights the dominance of disposable and powered surgical stapling devices due to convenience and enhanced functionality. North America leads, driven by innovative technologies and extensive surgical procedures, with the US at the forefront. The market faces challenges, including device costs and malfunctions, amid promising trends like regulatory approvals and medical tourism, post-COVID-19 recovery. Key players, such as Johnson & Johnson and Medtronic, focus on expanding market share and adopting strategic partnerships.
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