Market Overview

The Surgical Staplers Market in India to 2023: Rapid Urbanization is Driving the Market - ResearchAndMarkets.com

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

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

The India 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 during the forecast period (2018-2023).

Key Growth Factors

The launch of public healthcare programs, clubbed with increasing
private wealth is expected to boost the country's healthcare spending.
The government in the National Health Policy 2017, has proposed to
increase public health spending to 2.5% of the GDP, which is expected to
boost the demand for advanced medical technologies and devices like
surgical staplers.

The Central Drugs Standard Control Organisation (CDCO) has recognised
surgical staplers as a drug recently so that they can strictly regulate
the import, manufacture and sale of this class of products as drugs
under the Drugs and Cosmetics Rules. This will boost the development of
the surgical staplers market.

Threats

Affordability is an issue in India, and that is why hospitals are more
focused on providing low-cost medical care. Thus, under such conditions,
focus on advanced medical devices like surgical staplers remain low,
mainly when hand suturing (stitching) is still a popular method for
wound closure.

Health insurance penetration is quite low in India. It has 3.2%
insurance penetration, as compared to the U.S. at 7.8% as of 2015. This
might therefore, act as a challenge to the growth of surgeries and
adoption of surgical staplers.

Key Topics Covered

Chapter 1. Executive Summary

Chapter 2. Introduction

Chapter 3. India Surgical Staplers Market Overview

Chapter 4. India Surgical Staplers Market Segmentation - by Product

Chapter 5. India Surgical Staplers Market Segmentation - by Type

Chapter 6. India Surgical Staplers Market Segmentation - by Application

Chapter 7. Competitive Landscape

  • Johnson & Johnson (Ethicon)
  • B Braun
  • 3M
  • Medtronic (Medtronic)
  • Lotus Surgical
  • Meril Life Sciences

Chapter 8. Conclusion

For more information about this report visit https://www.researchandmarkets.com/research/zpc9dr/the_surgical?w=4

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