Market Overview

The Chinese Surgical Staplers Market 2018-2023 by Product, Type and Application - ResearchAndMarkets.com

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The "China
Surgical Staplers Market (2018-2023)"
report has been added to ResearchAndMarkets.com's
offering.

The China surgical staplers market is expected to grow at a high CAGR
through the forecast period.

Rise in consumer income, ageing of the overall Chinese population, and
favorable government initiatives are fuelling China's healthcare market
which in turn is expected to propel the surgical staplers market in the
country. The Chinese government policy is focused on improving health
care accessibility and affordability to the general public. Also, the
government in China is keen on adopting new and advanced technologies in
the healthcare landscape.

The China surgical staplers market is segmented by product into manual
and powered surgical staplers and by type into reusable and disposable
surgical staplers. The reusable surgical stapler segment is expected to
grow at a higher CAGR in the forecast period (2018-2023).

Key Growth Factors

  • China's medical device market is one of the fastest growing markets
    with double-digit growth rates for over a decade. Also, healthcare
    expenditure in China is expected to increase to between 6.5% and 7% by
    2020. These are expected to increase the adoption of advanced medical
    devices like surgical staplers in the market.
  • China is launching trials and issuing policies to push the growth of
    commercial health insurance, which previously had a minimal role in
    the healthcare system. The coming years are expected to have
    reimbursement schemes on offer with public health insurance as the
    pillar and private insurance as a meaningful supplement. This would
    allow people of the country to opt for complicated and expensive
    surgeries which, without health insurances, would not have been
    possible, and therefore boosts the growth of the surgical staplers
    market.

Threats

  • Companies interested in entering the Chinese surgical staplers market
    often face barriers like language problems and a volatile regulatory
    environment. Also, medical device companies face pressure to cut down
    on prices for public hospitals. The procurement process, price limits,
    and secondary bargaining issues relating to the centralized
    procurement and bidding process in China hinder the entry of foreign
    companies, thereby stalling the overall growth of the surgical
    staplers market.

Key Topics Covered

Chapter 1. Executive Summary

Chapter 2. Introduction

Chapter 3. China Surgical Staplers Market Overview

Chapter 4. China Surgical Staplers Market Segmentation - by Product

Chapter 5. China Surgical Staplers Market Segmentation - by Type

Chapter 6. China Surgical Staplers Market Segmentation - by Application

Chapter 7. Competitive Landscape

  • Johnson & Johnson
  • B Braun
  • Frankenman International Ltd.
  • Medtronic
  • Reach Surgical
  • Changzhou Ankang Medical Instruments Co. Ltd.
  • Lepu Medical

Chapter 8. Conclusion

For more information about this report visit https://www.researchandmarkets.com/research/3mpp43/the_chinese?w=4

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