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Global Market Insights recently added a detailed market research study focused on the Global Endoscopic Submucosal Dissection Market across the global, regional and country level. The report provides 360u00c2u00b0 analysis of Endoscopic Submucosal Dissection Market from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Endoscopic Submucosal Dissection Market and estimates the future trend of industry on the basis of this detailed study.
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Endoscopic Submucosal Dissection Market Research Report Analysis and Forecasts to 2032
Industry Insights • Endoscopic Submucosal Dissection Market size is estimated to expand at 6.3% CAGR from 2023-2032, driven by the increasing prevalence of gastric cancer globally. Of late, several nations, particularly in Asia and America are recording elevated rates of gastric cancer prevalence, further driving the demand for endoscopic submucosal dissection (ESD) as a vital treatment modality. • According to the American Cancer Society's estimates for 2022, stomach cancer accounts for 1.5% of all new cases in the U.S. each year. ESD has also emerged as a highly preferred treatment option given its ability to precisely target and eliminate early-stage gastric tumors while preserving organ function. • Moreover, the introduction of innovative endoscopic tools with better imaging capabilities, and precision instruments with enhanced effectiveness and safety of ESD procedures will contribute to the market expansion.
Based on product, the market share from the gastroscopes and colonoscopes segment is expected to attain 6.2% CAGR from 2023-2032. • Gastroscopes and colonoscope devices are recording high demand to perform minimally invasive procedures for gastrointestinal disorders as they provide high-resolution imaging and precise control during ESD procedures for better diagnostic and therapeutic outcomes. • Furthermore, the increasing emphasis on early detection and intervention by healthcare systems globally will propel the segment growth. • As per application, the endoscopic submucosal dissection industry from the esophageal cancer segment is estimated to depict 5.9% CAGR through 2032. ESD procedures for esophageal lesions and early-stage cancers have become increasingly prevalent due to their minimally invasive nature and the ability to preserve organ function. The widespread awareness of esophageal disorders and improving diagnostic capabilities is also surging the demand for sophisticated endoscopic tools tailored for esophageal applications.
Regional Analysis • Regionally, the Asia Pacific endoscopic submucosal dissection industry is poised to exhibit 7.2% growth rate between 2023 and 2032 owing to the rising prevalence of gastrointestinal diseases coupled with the growing focus on minimally invasive procedures. Countries, such as Japan and South Korea are working on establishing ESD practices due to the high incidence of gastric cancer. • Competitive Analysis • FUJIFILM Holdings Corporation • Beijing ZKSK Technology Co., Ltd. • Hangzhou AGS Medical Technology Co., Ltd • Olympus Corporation • Creo Medical PLC
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