Endoscopic Submucosal Dissection Market
Get a free sample of this report
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Request Sectional Data
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Endoscopic Submucosal Dissection Market size was valued at USD 333.6 million in 2022 and is estimated to account for USD 629.4 million by 2032. Owing to rising incidence of gastrointestinal diseases, increasing advancements in endoscopic technologies, growing geriatric population, and increasing demand for minimally invasive procedures, the market is expected to grow at a significant rate over the forecast period.
Moreover, the prevalence of early-stage gastrointestinal cancers, precancerous lesions, large polyps, and other disorders is increasing. The endoscopic submucosal dissection method is an effective treatment option for such disorders, which drives ESDs demand in the market. According to a publication by the International Agency for Research on Cancer, gastrointestinal (GI) cancers account for approximately 1 out of every 4 cancer cases and 1 in every 3 cancer-related fatalities globally.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Endoscopic Submucosal Dissection Market size in 2022: | USD 333.6 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 6.3 |
2023 Value Projection: | USD 629.4 Million |
Historical Data for: | 2018 to 2022 |
No of Pages: | 120 |
Tables, Charts & Figures: | 213 |
Segments Covered: | Product, Application, End-use, and Region |
Growth Drivers: |
|
Pitfalls Challenges: |
|
Endoscopic submucosal dissection is a specialized minimally invasive surgical technique used in the field of gastroenterology to remove abnormal tissue from the gastrointestinal tract.
The COVID-19 pandemic had a negative impact on the endoscopic submucosal dissection market. During the initial phases of the pandemic, various healthcare institutions postponed or cancelled non-emergency treatments, including ESD, in order to save healthcare resources and limit the risk of transmission of the virus. This resulted in a considerable decrease in endoscopic submucosal dissection procedure volumes. Moreover, patient reluctance to seeking medical care, as well as the temporary closure or reduced operation of outpatient facilities and endoscopic units, resulting in a decrease in the number of patients having ESD operations. Patients were concerned about the risk of affecting from virus in hospitals.
The market is experiencing several notable trends that are shaping its growth and development. Factors such as, growing application in early cancer diagnostics and treatment, increased emphasis on infection control, and rising demand for minimally invasive procedures.
The market by product is categorized into knives, gastroscopes & colonoscopes, injection agents, graspers/clips, tissue retractors, and other products. The knives segment garnered USD 105.5 million revenue in 2022.
Based on application, the endoscopic submucosal dissection market is segmented into stomach cancer, colon cancer, and esophageal cancer. The stomach cancer segment dominated the market and accounted for over 63% business share in the year 2022 and is anticipated to witness highest growth during the forecast period.
The endoscopic submucosal dissection market by end-use is categorized into hospitals, specialty clinics, and ambulatory surgical centers. The hospitals segment garnered USD 195.8 million revenue in 2022.
North America endoscopic submucosal dissection market accounted for USD 148.4 million revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline.
The endoscopic submucosal dissection industry is competitive in nature, with major companies competing to offer superior endoscopic submucosal dissection in this business space. Prominent players such as Olympus Corporation, FUJIFILM Holdings Corporation, Boston Scientific Corporation, and Cook Medical hold a significant share in this market. These companies are diligently directing their efforts towards continuous product innovation to gain substantial market share.
Some of the eminent market participants operating in the endoscopic submucosal dissection industry include:
Endoscopic submucosal dissection market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:
By Product, 2018-2032 (USD Million)
By Application, 2018-2032 (USD Million)
By End-use, 2018-2032 (USD Million)
The above information is provided for the following regions and countries:
FUJIFILM Holdings Corporation, Ovesco Endoscopy AG, Micro-Tech Endoscopy, Zeon Medical Inc., Cook Medical, Leo Medical Co., Ltd., and Boston Scientific Corporation are some of the leading endoscopic submucosal dissection companies.
North America endoscopic submucosal dissection industry size was USD 148.4 million in 2022 and is predicted to witness substantial growth through 2032 driven by the presence of well-developed and technologically advanced healthcare infrastructure in the region.
The stomach cancer application segment held over 63% of the market share in 2022 due to the surging need for minimally invasive procedure for the removal of cancerous lesions without the need for open surgery.
Endoscopic submucosal dissection industry reached USD 333.6 million in revenue in 2022 and is estimated to record USD 629.4 million by 2032 owing to rising incidence of gastrointestinal diseases and the higher demand for minimally invasive procedures.