By Product
- ERCP Catheters
- Guidewire
- Sphincterotome
- Dilation Balloon Catheters
- Extraction Basket Catheters
- Biliary Stents
- Self-Expandable Biliary Stents
- Dilation Large-Balloon Catheters
- Mechanical Lithotripsy
- Electrohydraulic/ Laser Lithotripsy
By Indication
- Pancreatic Stones
- Bile Duct Stones
By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The market is categorised into product, indication, end user and region. The product segment is classified into ERCP catheters, guidewire, sphincterotome, dilation balloon catheters, extraction basket catheters, extraction balloon catheters, self-expandable biliary stents, biliary stents, dilation large-balloon catheters, electrohydraulic lithotripsy and mechanical lithotripsy. The indication segment is fragmented into pancreatic stones and bile duct stones. The end user segment is diversified into hospitals, ambulatory surgical centres and specialty clinics. The hospitals segment is predicted to hold the largest pancreatic and bile duct stone management market share owing to advancements in the hospital infrastructure across developed as well as the developing nations.
The North America region is expected to dominate the market owing to increased disposable income, growing advancements in healthcare sector, a strong presence of key market players in the region. Furthermore, the European Society of Gastrointestinal Endoscopy have recommended the approach of endoscopy for retrieving bile duct and pancreatic stones and as per ESGE, ERCP methods have to capability of treating pancreatic and bile duct stones with a success rate of over 88%. Such a rising demand of ERCP shall bolster the market growth in the region.