The Endoscopic
Mucosal Resection Market is expected to be worth US$ 2500 by
the year 2025, at a CAGR of 7.3% between 2017-2025.
Digital health is into occupation of a noteworthy position in our lives,
thereby rendering it a significant tool in the medical device trends going
forward. This would be the overall outlook of the healthcare vertical in the
forecast period.
An endoscopic technique called Endoscopic Mucosal Resection
(EMR) is used for the resection of large distal colorectal poylps. EMR was
developed for minimally invasive, organ sparing endoscopic removal of benign
and early malignant lesions in the GI tract.
EMR is used to treat superficial neoplasms of the
gastrointestinal tract. A new research report by Persistence Market Research is
based on the analysis of the global endoscopic mucosal resection
market and its overview. The report titled ‘Endoscopic Mucosal
Resection Market: Global Industry Analysis 2012–2016 and Forecast 2017 –
2025’ includes the major aspects of the market such as the market
size, growth rate, pricing analysis and much more.
Ask For Free Sample@ https://www.persistencemarketresearch.com/samples/13693
Company Profiles
- Boston
Scientific Corporation
- Cook
Medical Inc
- Olympus
- Interscope,
Inc.
- FUJIFILM
Holdings Corporation
- CONMED
Corporation
- STERIS
Plc
According to the report forecast, the global endoscopic
mucosal resection market reached a value of over US$ 1,400 Mn in 2017 and this
is expected to increase to over US$ 2,500 Mn by the end of
2025. Revenue growth is anticipated to expand at a robust CAGR of 7.3% during
the forecast period 2017-2025.
The growth is a result of new technological advancements in
the global endoscopic mucosal resection market and companies are ready to make
full use of this by launching new products in the market.
Glance Through The “Methodology” Implied@ https://www.persistencemarketresearch.com/methodology/13693
Global Endoscopic Mucosal Resection Market: Dynamics
The global endoscopic mucosal resection market has a major
support of the macro factors like increase in the spending on healthcare sector
in various regions by the local governments. This has led to an overall
improvement in the technology used by the healthcare industry.
It has helped in increasing the number of endoscopic mucosal
resection procedures worldwide. The market has also observed collaborations
between the manufacturers. Original equipment manufacturers and third party
service vendors focus on the collaboration and partnership activities in some
regions to provide sales and after sales services effectively.
This boosts the brand image of endoscope
reprocessing equipment and ultimately helps the growth of the global
endoscopic mucosal resection market.
However, the global endoscopic mucosal resection market may
face challenges in its growth due to stringent rules and regulations pertaining
to the launch of new products in the market. Also, inadequate reimbursements of
claims limits the willingness of people to spend on costly medical procedures
like endoscopic mucosal resection.
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Segmental Highlights from the Research Report
·
On the basis of region, Asia Pacific
is expected to dominate the global market with the fastest growth rate of 7.9%
during the forecast period. Another attractive region in the global endoscopic
mucosal resection market is North America that is anticipated to hold the
maximum market size by the end of 2025.
·
On the basis of technology,
suck-and-cut technique is the most lucrative segment with a high CAGR, whereas
the lift-and-cut technique leads with a higher market size during the forecast
period.
·
On the basis of indication duodenal
cancer and esophageal cancer are both attractive segments according to the
analysis.
·
On the basis of end user, hospitals
hold the maximum market size with an expected value of over US$ 1,400 Mn by the
end of 2025.
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