Endoscopy is a process to visualize internal organs through an endoscope. EMR is endoscopic mucosal resection, and ESD is endoscopic submucosal dissection; these are procedures carried out to remove cancerous tissues and other abnormal tissues from the digestive tract. EMR removes early-stage cancer as well as precancerous growth from the digestive tract lining. Whereas ESD removes large tumors from the gastrointestinal tract.
MARKET SCOPE
The "Global EMR or ESD Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the EMR or ESD devices market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading EMR or ESD devices market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on type, the global EMR or ESD devices market is segmented into EMR devices and ESD devices.
- Based on application, the market is segmented into radiology, cardiology and others.
MARKET DYNAMICS
Drivers:
- Increase in the prevalence rate of cancer.
- Rapid technological advancements in devices.
- Increase in patient preference for minimally invasive surgeries.
- Advantages such as minimal postoperative complications.
Restraints:
- The dearth of trained physicians.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The EMR or ESD devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the EMR or ESD devices market in these regions.
IMPACT OF COVID-19 ON EMR OR ESD DEVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 pandemic negatively impacts the market. The decline in surgical procedures during the COVID-19 pandemic was due to a decrease in patient volume in hospitals as a result of rescheduling and delaying procedures to reduce the virus transmission. Moreover, due to halted imports, supply chain crisis, and limited workforce and raw material availability have affected the market growth. All these factors have impacted the EMR and ESD devices market during the pandemic.
MARKET PLAYERS
The report covers key developments in the EMR or ESD devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from EMR or ESD devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for EMR or ESD devices in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the EMR or ESD devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Olympus
- Fujifilm
- Boston Scientific Corporation
- Erbe Elektromedizin GmbH
- Zeon Corporation
- Ovesco Endoscopy AG
- Medtronic (UK)
- Cook Medical Inc.
- Interscope, Inc.
- STERIS Plc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.