Endoscopic Mucosal Resection Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global market for endoscopic mucosal resection (EMR) is poised for significant growth, thanks to remarkable advancements in technology and increasing awareness of its benefits. EMR is a crucial procedure used for the removal of precancerous growths from the digestive tract lining and early-stage cancer tumors. The two primary EMR techniques, namely the lift-and-cut technique and the suck-and-cut technique, are at the forefront of this transformative medical field.
Suck-and-Cut Technique Gains Momentum with Higher Growth Rate
Among the two prominent EMR techniques, the suck-and-cut technique is anticipated to record a notably higher growth rate in the near future, exhibiting a robust Compound Annual Growth Rate (CAGR) during the forecast period 2024-2031. This technique encompasses two distinct variants: cap assisted and ligation assisted EMR, each tailored to specific medical needs. The ligation assisted EMR utilizes a band ligation device for targeted lesion resection, while the cap assisted EMR deploys a single-use device equipped with a specially designed crescent-shaped electrocautery snare for precise removal.
Lift-and-Cut Technique Leads in Revenue Growth
Despite the remarkable growth anticipated for the suck-and-cut technique, the lift-and-cut technique currently leads in terms of revenue growth. In 2027, the lift-and-cut technique is projected to dominate the market with an expected market size exceeding US$ 1,300 million. This technique involves an injection-assisted EMR, with a submucosal injection of an aqueous solution beneath the lesion, creating a protective cushion. The cushion elevates the lesion away from the deeper muscle layers of the bowel wall, with the volume of injection tailored to the lesion's size and type. Repeated injections may be administered for complete lesion removal.
Technological Advancements and Increased Awareness Drive Adoption
The global EMR market has witnessed a notable rise in the number of procedures performed worldwide, primarily due to significant advancements in technology and increased awareness of the procedure's advantages. With governments investing heavily in the healthcare industry, advanced equipment and skilled experts are readily available, reducing the apprehension associated with complex medical procedures.
The use of endoscopes in EMR procedures offers several benefits, including reduced healthcare expenditure, shorter procedure times, shorter hospital stays, and a lower risk of complications compared to traditional operative methods. These post-operative benefits have fueled demand for endoscopic mucosal resection in various regions.
Challenges in Cost and Infrastructure
While the future of EMR looks promising, there are challenges to overcome. The initial setup, installation, and maintenance costs of endoscope reprocessing equipment, along with high repair and service expenses, require substantial investments. In remote locations with limited financial support, achieving a break-even point becomes uncertain, posing a high risk to investors. Furthermore, the growth of the global market heavily depends on the availability of robust medical facilities and platforms. Upgrading hi-tech endoscope devices and investing in repair and refurbishment services also entail high costs, potentially affecting revenue growth during the forecast period.
Competitive Analysis:
The competition within the is led by endoscopic mucosal resection key players
• Boston Scientific Corporation
• Cook Medical Inc
• Olympus
• Interscope, Inc.
• FUJIFILM Holdings Corporation
• CONMED Corporation
• STERIS Plc
• Others.
Endoscopic Mucosal Resection Market Segmentation
Technology
• Lift-and-Cut Technique
• Suck-and-Cut Technique
EMR-C
EMR-L
Indication
• Esophageal Cancer
• Stomach Cancer
• Duodenal Cancer
• Colon Cancer
End User
• Hospitals
• Ambulatory Surgical Centers
• Others
Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
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