Global Endoscopic Submucosal Dissection Market Size Worth USD 542.38 Million By 2032 | CAGR of 5.4%

Category: Healthcare

RELEASE DATE Aug 2023
REPORT ID SI2492

Global Endoscopic Submucosal Dissection Market Size Worth USD 542.38 Million By 2032.

According to a research report published by Spherical Insights & Consulting, the Global Endoscopic Submucosal Dissection Market Size is to Grow from USD 320.55 Million in 2022 to USD 542.38 Million By 2032, at a Compound Annual Growth Rate CAGR of 5.4% during the forecast period.

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Browse key industry insights spread across 200 pages with 120 Market data tables and figures & charts from the report on the Global Endoscopic Submucosal Dissection Market Size, Share, and COVID-19 Impact Analysis, By Product (Gastroscopes & Colonoscopes, Knives, Injection Agents, Tissue Retractors, and Graspers/Clips), By Indication (Stomach Cancer, Colan Cancer, and Esophageal Cancer), By End-User (Hospitals, Specialty Clinics, and Ambulatory Surgical Centers), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/endoscopic-submucosal-dissection-market

 

Endoscopic Submucosal Dissection (ESD) is a minimally invasive procedure used for the precise removal of early-stage gastrointestinal tumors or lesions. It involves inserting a specialized endoscope through the mouth or anus to access the affected area. Utilizing electrosurgical devices and techniques, the lesion is dissected and lifted from the submucosal layer in an en-bloc manner. ESD offers advantages like shorter hospital stays, reduced complications, and improved patient outcomes compared to traditional surgery. However, its complexity requires skilled endoscopists. ESD is a valuable option for managing early gastrointestinal neoplasms, providing a less invasive alternative to conventional surgery.

 

The knives segment is expected to grow at a higher CAGR of around 5.7% during the forecast period

Based on the product type, the global endoscopic submucosal dissection market is segmented into gastroscopes & colonoscopes, knives, injection agents, tissue retractors, and graspers/clips. The knives segment in the endoscopic submucosal dissection (ESD) market is anticipated to experience higher growth during the forecast period for several reasons. Technological advancements in ESD knives, such as the development of specialized and innovative devices, are driving the demand for more precise and efficient procedures. These advanced knives offer improved dissection capabilities, enabling better maneuverability and enhanced control during ESD surgeries. Additionally, the increasing prevalence of early-stage gastrointestinal tumors and the growing adoption of minimally invasive treatments like ESD contribute to the rising demand for specialized knives. As a result, the knives segment is expected to witness significant growth in the ESD market.

 

The esophageal cancer segment is expected to grow at a higher CAGR of around 5.3% during the forecast period

Based on the indication, the global endoscopic submucosal dissection market is segmented into stomach cancer, colan cancer, and esophageal cancer. The esophageal cancer segment in the endoscopic submucosal dissection (ESD) market is projected to experience higher growth during the forecast period due to several factors. Esophageal cancer is a serious and life-threatening condition with a rising incidence globally. ESD offers a minimally invasive treatment option for early-stage esophageal cancer, providing better outcomes and reduced postoperative complications compared to traditional surgical interventions. As awareness of ESD's benefits increases among healthcare professionals and patients, along with advancements in endoscopic technologies and expertise in performing ESD procedures, the demand for ESD as a preferred treatment choice for esophageal cancer management is expected to surge, leading to higher growth in this segment.

 

Asia-Pacific is predicted to grow at a significant CAGR of around 5.6% over the projected period.

 

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Based on region, Asia-Pacific is projected to experience substantial growth during the forecast period in the endoscopic submucosal dissection (ESD) market. The region has a large population base, with a rising prevalence of gastrointestinal diseases and cancers, creating a substantial demand for ESD procedures. The increasing healthcare investments and advancements in medical infrastructure and technologies in countries like China, Japan, and India foster the adoption of ESD as a preferred treatment option. Moreover, a growing awareness among healthcare professionals and patients about the benefits of minimally invasive procedures further drives market growth. Overall, these factors indicate a promising growth trajectory for the ESD market in the Asia-Pacific region.

 

Some of the major players in the global endoscopic submucosal dissection market include Olympus Corporation, Boston Scientific Corporation, FUJIFILM Holdings Corporation, Sumitomo Bakelite Co. Ltd., Creo Medical PLC, MTW-Endoskopie W.Haag KG, Ovesco Endoscopy AG, KARL STORZ SE & Co. KG, CONMED Corporation, and Micro-Tech Endoscopy.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global endoscopic submucosal dissection market based on the below-mentioned segments:

 

Endoscopic Submucosal Dissection Market, By Product

  • Gastroscopes & Colonoscopes
  • Knives
  • Injection Agents
  • Tissue Retractors
  • Graspers/Clips

 

Endoscopic Submucosal Dissection Market, By Indication

  • Stomach Cancer
  • Colan Cancer
  • Esophageal Cancer

 

Endoscopic Submucosal Dissection Market, By End-User

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

 

Endoscopic Submucosal Dissection Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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