Latest News - Endoscopic Mucosal Resection Devices Market: Hospitals are expected to lead the End-user segment during 2024-2028

The Endoscopic Mucosal Resection Devices Market is being driven by Favorable initiatives and increasing prevalence of gastrointestinal diseases

The Endoscopic Mucosal Resection Devices Market is expected to grow at a CAGR of 9.45% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 875 million. The global endoscopic mucosal resection (EMR) devices market is experiencing robust growth due to the rapid technological advancements in this field. Market participants are investing substantially in research and development to create advanced EMR devices, enhancing patient outcomes and ensuring comprehensive lesion or polyp removal. Notable innovations include single-use EMR kits and dual-channel and single-channel method EMR devices, catering to the evolving needs of healthcare providers. For instance, Olympus' introduction of a transparent plastic cap-fitted panendoscope for EMR procedures offers expedited resections through the transparent distal attachment and suction mechanism. This technological progression is expected to significantly contribute to the expansion of the global EMR devices market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Hospitals
  • ASCs
  • Clinics and others
• Product
  • Entry needle
  • Mucosectomy snare
  • Probe
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • Asia
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Favorable initiatives and increasing prevalence of gastrointestinal diseases
• Growing popularity of minimally invasive procedures
• Increasing growth opportunities in emerging markets

However, the market also witnesses some limitations, which are as follows:

• Risks and complications of endoscopic mucosal resection technique
• Lack of skilled expertise
• High cost of endoscopic mucosal resection procedures

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Market Scope in Endoscopic Mucosal Resection Devices Market Research Report

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Research Analysis Overview

The Endoscopic Mucosal Resection (EMR) devices market encompasses a range of technologies used in the diagnosis and treatment of various gastrointestinal disorders, including stomach polyps, colon polyps, Barrett's syndrome, pancreatic cancer, and biliary tract disease. These devices enable the precise removal of aberrant tissue, such as early tumors and precancerous growths, from the digestive tract, including the stomach, colon, esophagus, and other areas. EMR techniques include cap-assisted, submucosal injection, suck-and-cut, and lift-and-cut methods. Cap-assisted procedures use a cap to create a seal between the endoscope and the bowel wall, while submucosal injection involves injecting an aqueous solution beneath the tissue to lift it from the muscle layers. Suck-and-cut techniques use a suction device to remove the tissue, while snare devices are used in conjunction with an endoscope for surgical resection. EMR devices have revolutionized the diagnosis and treatment of gastrointestinal disorders, allowing for minimally invasive procedures that reduce recovery time and improve patient outcomes. Applications include the removal of cancer tumors, adenomas, and other abnormal growths from the stomach, colon, and other areas of the digestive tract. Overall, the Endoscopic Mucosal Resection Devices market is expected to grow significantly due to the increasing prevalence of gastrointestinal disorders and the advantages of minimally invasive procedures.

Market Research Overview

Technavio's Endoscopic Mucosal Resection Devices Market analysis is a segment of the expansive global healthcare equipment industry. This sector encompasses entities involved in the research and development (R&D) of diverse product categories, such as capital equipment, instruments, implants, accessories, and consumables. The global healthcare equipment market size is determined by the consolidated revenue generated by manufacturers of diagnostic equipment and devices utilized across various therapy areas. The healthcare equipment sector is segmented into Devices, which incorporates advanced, differentiated, and clinically validated data-driven devices, including endoscopic mucosal resection devices. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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