Endoscopic Submucosal Dissection Market Trend, Opportunity, and Forecast Analysis, 2024-2032

Endoscopic Submucosal Dissection Market Highlights

The global endoscopic submucosal dissection market is expected to cross a value of USD 645.03 million by the end of 2032. The market was valued at USD 351.2 million in 2023 and is expected to expand at a CAGR of 7.5% between 2024-2032.

• Over the mid-term, the growing prevalence of gastrointestinal diseases is the primary factor anticipated to drive the global endoscopic submucosal dissection market.
• The unavailability of skilled personnels is a major factor to challenge the market growth.
• The North America endoscopic submucosal dissection market is projected to dominate the global market.

Endoscopic Submucosal Dissection Market Outlook

Endoscopic submucosal dissection (ESD) is an advanced endoscopic technique that is used for the minimally invasive removal of early-stage gastrointestinal tumors, precancerous lesions, and other abnormal growths from the lining of the digestive tract. The treatment is perfomed using an endoscope that allows the physicial to visualize the interior of the gastrointestinal tract.

According to our researchers at KD Market Insights, one of the major factors anticipated to drive the growth of the global endoscopic submucosal dissection market is the growing prevalence of gastrointestinal diseases worldwide. Our researchers have found that globally, there were more than 2200 million cases of digestive diseases in the year 2023. Moreover, about 50% of females and close to 35% of males had at least one functional gastrointestinal diseases. With the early detection rates of gastrointestinal diseases there is a growing need for effective and minimally invasive treatment options like endoscopic submucosal dissection (ESD), which is expected to contribute to the market growth during the forecast period. Olympus Corporation, Boston Scientific Corporation, and FUJIFILM Holdings Corporation are some of the significant parties in the global market for endoscopic submucosal dissection.

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Endoscopic Submucosal Dissection Market Drivers – Analyst’s Observation

According to the analysts at KD Market Insights, some key growth drivers for the global endoscopic submucosal dissection market are:

• Growing Advancements in Endoscopic Techniques: Endoscopic procedures in the recent years have advanced massively, supported by the ongoing research and developments in the given field. Improved imaging technologies, flexible endoscopes, and advanced energy sources are some of the recent technological advancements in endoscopic devices that has helped healthcare service providers in providing endoscopic treatment services with enhanced safety, efficacy, and precision, which is expected to create numerous opportunities for market growth in the coming years.
• Surge in Healthcare Infrastructure Globally: The healthcare infrastructure worldwide is enhancing rapidly, supported by an increasing investments in the field of healthcare. According to the statistics by the World Bank, the current health expenditure (as a share of GDP) worldwide touched 10.89% in the year 2020, up from 8.62% in the year 2000. These investments are helping in the development of endoscopy centers and hospitals which are equipped with advanced endoscopic facilities that promote the adoption of diagnostic and therapeutic endoscopic procedures. Such a factor is therefore expected to drive the market growth during the forecast period.

Which Probable Factors Could Hamper the Growing Endoscopic Submucosal Dissection Market Trend?

As per our KD Market Insights analysis, some of the challenges expected to limit the global market growth of endoscopic submucosal dissection are:

• Unavailability of Skilled Personnels: As ESD is a technically challenging procedure that requires specialized training and expertise, the unavailability of skilled personnels to undertake these complicated procedures is therefore expected to limit the market growth during the forecast period.
• Limited Availability of Endoscopic Equipment: The process of ESD requires specialized endoscopic equipment, such as high-definition endoscopes, endoscopic knives, and submucosal injection devices, which are not readily available in certain healthcare settings. Such a factor is therefore expected to restrict the market growth.

How is the Global Endoscopic Submucosal Dissection Market Segmented?

Our experts at KD Market Insights have segmented the global endoscopic submucosal dissection market as:

What are the Probable Factors Influencing the North America Endoscopic Submucosal Dissection Market Forecast?

The North America endoscopic submucosal dissection market is majorly driven by the increasing prevalence of gastroinytestinal cancers, such as colorectal cancer, esophageal cancer, and gastric cancer among others in the region that demand for ESD procedures. Additionally, the growing embracement towards minimally invasive treatment for gastrointestinal diseases and conditions as it possess several advantages over traditional surgical interventions, followed by the availability of comprehensive endoscopic training programs and continuing medical education initiatives in performing ESD procedures are expected to drive the market growth in the region during the forecast period.

As per our analysts at KD Market Insights, the following five players lead the North America endoscopic submucosal dissection market growth:

• Olympus Corporation
• Boston Scientific Corporation
• Medtronic plc
• Cook Medical
• Pentax Medical Company

Which Key Players Top the Global Endoscopic Submucosal Dissection Market Share?

As per our analysts at KD Market Insights, the competitive landscape of global endoscopic submucosal dissection market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with endoscopic submucosal dissection market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global endoscopic submucosal dissection market share:

• Olympus Corporation
• Boston Scientific Corporation
• FUJIFILM Holdings Corporation 
• Sumitomo Bakelite Co., Ltd. 
• Creo Medical
• Medtronic 
• MTW Endoskopie Manufaktur 
• HOYA Corporation
• Ovesco Endoscope AG 
• Zeon Medical Inc.
• KARL STORZ SE & Co. KG
• ConMed Corporation 
• Micro-tech Endoscopy 
• Cook Group 
• Steris PLC 
• Leo Medical Co., Ltd.
• Erbe Elektromedizin GmbH
• Taewoong Medical
• DCC Healthcare 
• Kossen Co., Ltd. 
• Innova Medica SPA 
• Jiangsu Vedkang Medical Science and Technology Co., Ltd. ,
• Hangzhou AGS MedTech Co., Ltd. 
• Beijing ZKSK Technology Co., Ltd.

What are the Recent Developments Observed in the Endoscopic Submucosal Dissection Market?

Over the years, the experts at KD Market Insights have been observing the recent developments associated with global endoscopic submucosal dissection market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.

For instance, Olympus Corporation stated that it has launched its next-generation endoscopic submucosal dissection (ESD) platform for the North American market.

Further, Boston Scientific Corporation shared that it has introduced new ESD knives and accessories that are designed to enhance procedural efficiency, safety, and clinical outcomes for endoscopists performing ESD procedures.