Endoscopic Retrograde Cholangiopancreatography (ERCP) Market Size, Product Launch, Major Companies, Revenue Analysis, Till 2030

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Endoscopic Retrograde Cholangiopancreatography
(ERCP) Market Size Worth USD 2.13 Billion in 2032
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Surge in procurement of endoscopy devices in
healthcare facilities and rapid increase in
popularity of Minimally Invasive Surgeries (MIS)
are key factors driving market revenue growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global Endoscopic Retrograde
Cholangiopancreatography (ERCP) market size was
USD 1.40 Billion in 2022 and is expected to
register a rapid revenue CAGR of 4.3 during the
forecast period, according to latest analysis by
Emergen Research. Surge in procurement of
endoscopy devices in healthcare facilities and
rapid increase in popularity of minimally
invasive surgeries are key factors driving market
revenue growth. Increasing prevalence of
gastrointestinal illnesses and other chronic
conditions around the world, in addition to aging
of population, are associated with rising demand
for endoscopic procedures. According to World
Health Organization (WHO), chronic diseases cause
almost 35 million deaths worldwide and account
for around 46 of all diseases and 59 of all
deaths globally. Over time, according to national
statistics, prevalence of liver illness has been
rising gradually and liver illnesses are the
sixth most common cause of death in the UK. In
the U.S., liver illnesses are known to be the
second-leading cause of mortality among all
digestive diseases, which has led to a surge in
procurement of endoscopy devices in healthcare
facilities. In addition, rapid increase in
popularity of minimally invasive surgeries has
led to rising demand for ERCP procedures and
hence driving revenue growth of the market
considerably. ERCP is an invasive procedure,
which allows radiological visualization by
injecting a contrast agent into common bile duct
and the main pancreatic duct. Moreover, this
procedure helps to visualize the structure and
pathological changes of biliary tree and
pancreatic ducts in great detail. Read More
https//www.emergenresearch.com/industry-report/en
doscopic-retrograde-cholangiopancreatography-marke
t
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Market Summary
Some Key Highlights From the Report The
endoscopes segment is expected to register a
rapid growth rate over the forecast period. This
can be attributed to growing prevalence of
gastrointestinal illnesses globally, which can
surge the demand for endoscopes. The pancreatic
sphincterotomy segment is expected to register a
rapid revenue growth rate over the forecast
period. Pancreatic sphincterotomy is done to
improve the drainage of fluids or remove stones
in pancreatic ducts. Growing prevalence of
various disorders associated with pancreas is
expected to drive revenue growth of this
segment. The hospital segment accounted for
largest revenue share in 2022 attributed to
increase in government expenditure in form of
grant or investment to improve healthcare
facilities. The North America market is expected
to account for largest revenue over the forecast
period. This can be attributed to presence of
robust public and private healthcare insurance,
which reimburses patients for ERCP
procedures. On 30 October 2020, Olympus
Corporation, launched its StoneMasterV and
VorticCatchV EndoTherapy devices, with an
increased efficiency in bile duct stone
management and retrieval for ERCP. Both
StoneMasterV and VorticCatchV give doctors more
chances to improve patient outcomes and procedure
efficiency for removal of stones. Request Free
Sample _at_ https//www.emergenresearch.com/request-s
ample/1441
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Market Summary
Emergen Research has segmented the global ERCP
market based on product, procedure, end user, and
region Product Outlook (Revenue, USD Billion
2019-2032) Endoscopes, Endotherapy
Devices Visualization Systems Energy
Devices Procedure Outlook (Revenue, USD Billion
2019-2032) Biliary Sphincterotomy Biliary
Dilation Biliary Stenting Pancreatic
Sphincterotomy Pancreatic Duct Dilatation Pancreat
ic Duct Stenting End User Outlook (Revenue, USD
Billion 2019-2032) Hospitals Diagnostic Clinics
                       Request customization _at_
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ization/1441
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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