Overview

Endoscopic Submucosal Dissection Market is forecasted to value over USD 266 million by 2028 end and register a CAGR of 7.5% from the forecast period 2021-2028.

Increased insistence for endoscopic processes, rising demand for non-invasive procedures, growing prevalence of gastrointestinal disorders in developed as well as developing regions are some of the key factors contributing to the growth of the market. However, endoscopic dissection is unpopular in the Europe and North America region owing to the low rate of incidence of GI cancer in comparison to countries like Japan, which shall impede the endoscopic submucosal dissection market growth. On the other hand, with the rising cancer cases in emerging nations like China along with the escalating geriatric population shall provide the market with lucrative growth opportunities.

Endoscopic Submucosal Dissection Market Segmentation:

By Product
•   Knives
•   Tissue Retractors
•   Grasps/Clips
•   Injecting Agents
•   Gastroscopes & Colonoscopes
By Indication
•   Oesophageal Cancer
•   Stomach Cancer
•   Colon Cancer
By End User
•   Hospitals
•   Ambulatory Surgical Centers
•   Specialty Clinic
By Region
•   North America
•   Europe
•   Asia Pacific
•   Latin America
•   Middle East & Africa
The market is categorised into product, indication, end user and region. The product segment is fragmented into knives, tissue retractors, grasps or clips, injecting agents and gastroscopes & colonoscopes. The tissue retractors segment is predicted to hold the endoscopic submucosal dissection market share during the forecast period. The indication segment is diversified into oesophageal cancer, stomach cancer and colon cancer. The end user segment is classified into hospitals, ambulatory surgical centres and specialty clinics. The hospitals segment is anticipated to lead the market owing to the availability of skilled healthcare personnel, advancements in healthcare infrastructure.

Regional Analysis:
The North America region is expected to dominate the market owing to the rising geriatric population, increasing disposable income, growing investment for research and development in the endoscopy technology. Furthermore, a strong presence of key market players in the region shall bolster the proliferation of the market substantially. The Asia Pacific region, on the other hand, is anticipated to grow at a substantial rate during the forecasted timeframe due to the rising geriatric population, soaring patient population and improvements in the healthcare infrastructure.

Competitive Landscape:
Some of the key market players associated are HOYA Group PENTAX Medical, FUJIFILM Medical Systems U.S.A., Inc. Olympus America Inc., Erbe USA. CREATE MEDIC CO. LTD., etc, Covidien, Ethicon EndoSurgery Inc., Stryker, Karl Storz., Boston Scientific Corporation, Cook Medical Inc, Interscope Inc., Conmed Corporation, Steris Plc.

FutureWise Key Takeaways:
•   Growth prospects
•   SWOT analysis
•   Key market trends
•   Key data-points affecting market growth

Objectives of the Study:
•   To provide with an exhaustive analysis on the global endoscopic submucosal dissection market by product, by indication, by end user and by region
•   To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•   To evaluate and forecast micro-markets and the overall market
•   To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
•   To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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