The global Endoscopic Submucosal Dissection Market is projected to reach USD 483 million by 2027 from USD 347 million in 2022, at a CAGR of 6.9% according to a new report by MarketsandMarkets™. Endoscopy is increasingly being used to remove precancerous and cancerous areas in the GI tract.
Endoscopic submucosal dissection (ESD) is a minimally invasive technique for treating gastrointestinal diseases. It is a complex procedure that involves precise cutting and removal of large areas of tissue from the inside of the body. ESD is used to remove large tumors from the digestive tract, including the esophagus, stomach, and colon. It can also be used to remove polyps, which are growths of abnormal cells in the lining of the digestive tract.
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In this article, we will discuss the current state of the endoscopic submucosal dissection market and its potential for growth in the years to come. We will look at the key drivers of the market, such as the rising prevalence of gastrointestinal diseases, the increasing demand for minimally invasive treatments, and the technological advancements in endoscopic submucosal dissection techniques. We will also discuss the challenges that the market faces, such as the high cost of the procedure. Finally, we will look at the various opportunities that the market presents for manufacturers and providers.
ESD is a very effective treatment for gastrointestinal diseases, such as cancer and polyps. It is less invasive than traditional surgical methods, so patients can often return to their normal activities within a few days. It also has the potential to reduce the risk of complications associated with open surgery, such as infection and bleeding.
Overall, ESD is a safe and effective procedure for treating many gastrointestinal diseases. It is less invasive than traditional surgery and can provide excellent outcomes for many patients. However, it is important to understand the risks, benefits, and costs associated with the procedure before making a decision.
the endoscopic submucosal dissection market is projected to experience significant growth over the next few years. This growth is driven by the increasing prevalence of gastrointestinal diseases and the rising demand for minimally invasive treatments. Additionally, technological advancements in endoscopic submucosal dissection techniques are also contributing to the market’s growth. Despite the challenges, the market presents several opportunities for manufacturers and providers to capitalize on.
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Endoscopic Submucosal Dissection Market Dynamics:
Drivers:
• Increasing use of endoscopy in detection and treatment procedures
• Rising prevalence of cancer
• Growing geriatric population
Restraints:
• Dearth of skilled professionals
• High overhead cost of ESD procedures with limited reimbursements
Opportunities:
• Growing demand for minimally invasive procedures
• Growing investments in research and development of endoscopy technology
• Expected increase in adoption of and preference for endoscopic submucosal dissection procedures in developing countries
Challenges:
• Higher rate of complications
• Risk of post-operative infection
Key Market Players:
The prominent players in the endoscopic submucosal dissection market are Olympus Corporation (Japan), Boston Scientific Corporation (US), FUJIFILM Holdings Corporation (Japan), Sumitomo Bakelite Co., Ltd. (Japan), Creo Medical (UK), Medtronic (Ireland), MTW Endoskopie Manufaktur (Germany), HOYA Corporation (Japan), Ovesco Endoscope AG (Germany), Zeon Medical Inc. (Japan), KARL STORZ SE & Co. KG (Germany), ConMed Corporation (US), Micro-tech Endoscopy (China), Cook Group (US), Steris PLC (Ireland), Leo Medical Co., Ltd. (China), Erbe Elektromedizin GmbH (Germany), Taewoong Medical (South Korea), DCC Healthcare (Ireland), Kossen Co., Ltd. (South Korea), Innova Medica SPA (Italy), Jiangsu Vedkang Medical Science and Technology Co., Ltd. (China), Hangzhou AGS MedTech Co., Ltd. (China), and Beijing ZKSK Technology Co., Ltd. (China).
Key Topics Covered in Endoscopic Submucosal Dissection Market:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Endoscopic Submucosal Dissection Market Segmentation & Impact Analysis
Chapter 5. Endoscopic Submucosal Dissection Market By Product Insights & Trends
Chapter 6. Endoscopic Submucosal Dissection Market By Indication Insights & Trends
Chapter 7. Endoscopic Submucosal Dissection Market By End-use Insights & Trends
Chapter 8. Endoscopic Submucosal Dissection Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
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