North America Colorectal Procedure Market Forecast to 2028 – COVID

North America Colorectal Procedure Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Endoscopes, Electrosurgery Devices, Handheld Devices & Visual Systems, Sealing & Stapling Devices, Ligation Clips and Dilators & Speculas, Cutters and Shears, Accessories, and Others), Surgery Type (Right Hemicolectomy, Left Hemicolectomy, Subtotal Colectomy, Low Anterior Resection, Abdomino-Perineal Resection, and Others), End User (Hospitals & Clinics, Surgery Centers, and Others), and Indication (Colon Polyps, Crohn's Disease, Colorectal Cancer, Colitis, Irritable Bowel Syndrome, and Other Indications)
Report Code : BMIRE00027476 | Region : North America | Industry : Medical Device | Published Date : 16/Nov/2022

The North America colorectal procedure market is projected to grow from US$ 6,311.66 million in 2022 to US$ 12,946.28 million by 2028. It is estimated to grow at a CAGR of 12.7% from 2022 to 2028.

Increasing Prevalence of Colorectal Cancer Bolsters North America Colorectal Procedure Market

Colorectal cancer is one of the most lethal cancer types developed in individuals with the combined influence of genetic and environmental factors. According to the World Health Organization (WHO), colorectal cancer is the third most prevalent form of cancer; it is the third most common cancer in men and the second most common cancer in women. The lifetime risk of developing colorectal cancer is about 1 in 23 for men and 1 in 25 for women. A significant population in North America is diagnosed with colorectal cancer. For instance, according to the Centers for Disease Control and Prevention (CDC) and American Cancer Society, ~1.93 million cases of adults in the US were diagnosed with colon and rectum cancer, and 53,200 deaths were reported with colorectal cancer in 2020. These statistics indicate increased demand for advanced cancer diagnostics and therapeutics in North America, which is boosting the growth of the colorectal procedure market in the region.

Market Overview

The North America colorectal procedure market is segmented into the US, Canada, and Mexico. The market growth in this region is attributed to the growing commonness of age-related medical conditions and continuous improvements in technologies in the region with increasing government funds. Moreover, the rising incidence of colorectal cancer and growing government support for research in colon cancer are contributing to the market growth. Colorectal cancer is among the five most common cancers diagnosed in the US. According to the estimates from the American Cancer Society, ~106,000 new cases of colorectal cancer and ~45,000 new cases of rectal cancer would be recorded nationwide in 2022. Although older adults are more prone to develop colorectal cancer, the cases have begun increasing in younger adults. Colectomy, also known as colon resection, is the surgical removal of the diseased part of the intestine or colon. This procedure is recommended for bowel obstruction caused by scar tissue or deformity, bleeding, infection, or ulceration caused by ulcerative colitis, cancer, precancerous polyps, familial polyposis, or traumatic injury.

North America Colorectal Procedure Market Revenue and Forecast to 2028 (US$ Million)

North America Colorectal Procedure Market Segmentation

The North America colorectal procedure market is segmented on the basis of product, surgery type, end user, indication, and country. Based on product, the market is divided into endoscopes, electrosurgery devices, handheld devices and visual systems, sealing and stapling devices, ligation clips and dilators & speculas, cutters and shears, accessories, and others.

In terms of surgery type, the North America colorectal procedure market is segmented into right hemicolectomy, left hemicolectomy, subtotal colectomy, low anterior resection, abdomino-perineal resection, and others (endoscopic surgery).

The North America colorectal procedure market, based on end user, is segmented into hospitals and clinics, surgery centers, and others.

Based on indication, the market is segmented into colon polyps, Crohn's disease, colorectal cancer, colitis, irritable bowel syndrome, and other indications. In terms of country, the North America colorectal procedure market is segmented into the US, Canada, and Mexico. The US has been a dominant market throughout 2022.

B. Braun Melsungen AG; Boston Scientific Corporation; Cardinal Health Inc.; Colospan Ltd; CooperSurgical, Inc.; Ethicon (Johnson & Johnson Services, Inc.); Medtronic; Olympus Corporation; and SAFEHEAL are the leading companies operating in the colorectal procedure market in North America.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Colorectal Procedure Market – By Product

1.3.2 North America Colorectal Procedure Market – By Surgery Type

1.3.3 North America Colorectal Procedure Market – By Indication

1.3.4 North America Colorectal Procedure Market – By End User

1.3.5 North America Colorectal Procedure Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Colorectal Procedure Market – Market Landscape

4.1 Overview

4.2 North America PEST Analysis

4.3 Experts Opinion

5. North America Colorectal Procedure Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Prevalence of Colorectal Cancer

5.1.2 New Product Launches

5.2 Market Restraints

5.2.1 Complications Associated with Colorectal Procedure

5.3 Future Trends

5.3.1 Development and Launch of Innovative Products

5.4 Impact Analysis

6. Colorectal Procedure Market – North America Analysis

6.1 North America Colorectal Procedure Market Revenue Forecast & Analysis

7. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By Product

7.1 Overview

7.2 North America Colorectal Procedure Market, By Product 2021 & 2028 (%)

7.3 Endoscope

7.3.1 Overview

7.3.2 Endoscope Market Revenue and Forecast to 2028 (US$ Mn)

7.4 Electrosurgery

7.4.1 Overview

7.4.1.1 Electrosurgery Market Revenue and Forecast to 2028 (US$ Mn)

7.5 Handheld Device and Visual Systems

7.5.1 Overview

7.5.1.1 Handheld Device and Visual Systems Market Revenue and Forecast to 2028 (US$ Mn)

7.6 Sealing and Stapling Devices

7.6.1 Overview

7.6.1.1 Sealing and Stapling Devices Market Revenue and Forecast to 2028 (US$ Mn)

7.7 Ligation Clips, Dilators, and Speculas

7.7.1 Overview

7.7.2 Ligation Clips, Dilators, and Speculas Market Revenue and Forecast to 2028 (US$ Mn)

7.8 Cutter and Shears

7.8.1 Overview

7.8.2 Cutter and Shears Market Revenue and Forecast to 2028 (US$ Mn)

7.9 Accessories

7.9.1 Overview

7.9.2 Accessories Market Revenue and Forecast to 2028 (US$ Mn)

7.10 Others

7.10.1 Overview

7.10.2 Others Market Revenue and Forecast to 2028 (US$ Mn)

8. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By Surgery Type

8.1 Overview

8.2 North America Colorectal Procedure Market, By Surgery Type 2021 & 2028 (%)

8.3 Right Hemicolectomy

8.3.1 Overview

8.3.2 Right Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)

8.4 Left Hemicolectomy

8.4.1 Overview

8.4.2 Left Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)

8.5 Subtotal Colectomy

8.5.1 Overview

8.5.2 Subtotal Colectomy Market Revenue and Forecast to 2028 (US$ Mn)

8.6 Low Anterior Resection

8.6.1 Overview

8.6.2 Low Anterior Resection Market Revenue and Forecast to 2028 (US$ Mn)

8.7 Abdomino-Perineal Resection

8.7.1 Overview

8.7.2 Abdomino-Perineal Resection Market Revenue and Forecast to 2028 (US$ Mn)

8.8 Others (Including Endoscopic Surgery)

8.8.1 Overview

8.8.2 Others (Including Endoscopic Surgery) Market Revenue and Forecast to 2028 (US$ Mn)

9. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By End User

9.1 Overview

9.2 North America Colorectal Procedure Market, By End User 2021 & 2028 (%)

9.3 Hospitals and Clinics

9.3.1 Overview

9.3.2 Hospital & Clinics Market Revenue and Forecast to 2028 (US$ Mn)

9.4 Surgery Centers

9.4.1 Overview

9.4.2 Surgery Centers Market Revenue and Forecast to 2028 (US$ Mn)

9.5 Others

9.5.1 Overview

9.5.2 Others Market Revenue and Forecast to 2028 (US$ Mn)

10. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By Indication

10.1 Overview

10.2 North America Colorectal Procedure Market, By Indication 2021 & 2028 (%)

10.3 Colon Polyps

10.3.1 Overview

10.3.2 Colon Polyps Market Revenue and Forecast to 2028 (US$ Mn)

10.4 Crohn's Disease

10.4.1 Overview

10.4.2 Crohn’s Disease Market Revenue and Forecast to 2028 (US$ Mn)

10.5 Colorectal Cancer

10.5.1 Overview

10.5.2 Colorectal Cancer Market Revenue and Forecast to 2028 (US$ Mn)

10.6 Colitis

10.6.1 Overview

10.6.2 Colitis Market Revenue and Forecast to 2028 (US$ Mn)

10.7 Irritable Bowel Syndrome

10.7.1 Overview

10.7.2 Irritable Bowel Syndrome Market Revenue and Forecast to 2028 (US$ Mn)

10.8 Other Indications

10.8.1 Overview

10.8.2 Other Indications Market Revenue and Forecast to 2028 (US$ Mn)

11. North America Colorectal Procedure Market Revenue and Forecasts to 2028 – Country Analysis

11.1 North America: Colorectal Procedure Market

11.1.1 Overview

11.1.2 North America: Colorectal Procedure Market, by Country, 2021 & 2028 (%)

11.1.2.1 US: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.1 US: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.2 US Colorectal Procedure Market, by Surgery Type –Forecast to 2028

11.1.2.1.3 US Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.4 US Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.5 US Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.6 US Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2 Canada: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.1 Canada: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.2 Canada Colorectal Procedure Market, by Surgery Type –Forecast to 2028

11.1.2.2.3 Canada Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.4 Canada Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.5 Canada Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.6 Canada Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3 Mexico: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.1 Mexico: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.2 Mexico Colorectal Procedure Market, by Surgery Type –Forecast to 2028

11.1.2.3.3 Mexico Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.4 Mexico Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.5 Mexico Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.6 Mexico Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

12. Colorectal Procedural Market –Industry Landscape

12.1 Overview

12.2 Growth Strategies in the Colorectal Procedural Market (%)

12.3 Organic Developments

12.3.1 Overview

12.4 Inorganic Developments

12.4.1 Overview

13. Company Profile

13.1 Ethicon (Johnson & Johnson Services, Inc.)

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Medtronic

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Colospan Ltd

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 SAFEHEAL

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 B. Braun Melsungen AG

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Cardinal Health Inc

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Boston Scientific Corporation

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 CooperSurgical, Inc

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Olympus Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES.

Table 1. US Colorectal Procedure Market, by Surgery Type–Forecast to 2028

Table 2. US Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 3. US Colorectal Procedure market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. US Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 5. US Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada Colorectal Procedure Market, by Surgery Type–Forecast to 2028

Table 7. Canada Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico Colorectal Procedure Market, by Surgery Type–Forecast to 2028

Table 12. Mexico Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

Table 14. Mexico Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 15. Mexico Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 16. Organic Developments in the Colorectal Procedural Market

Table 17. Inorganic Developments in the Colorectal Procedural Market

Table 18. Glossary of Terms

LIST OF FIGURES.

Figure 1. North America Colorectal Procedure Market Segmentation

Figure 2. North America Colorectal Procedure Market, By Country

Figure 3. North America Colorectal Procedure Market Overview

Figure 4. Subtotal Colectomy Segment Held Largest Share of Surgery Type Segment in North America Colorectal Procedure Market

Figure 5. US is Expected to Show Remarkable Growth During the Forecast Period

Figure 6. North America: PEST Analysis

Figure 7. Experts Opinion

Figure 8. North America Colorectal Procedural Market Impact Analysis of Drivers and Restraints

Figure 9. North America Colorectal Procedure Market – Revenue Forecast and Analysis – 2019- 2028

Figure 10. North America Colorectal Procedure Market, by Product 2021 & 2028 (%)

Figure 11. North America Endoscope Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 12. North America Electrosurgery Market Revenue and Forecasts To 2028 (US$ MN)

Figure 13. North America Handheld Device and Visual Systems Market Revenue and Forecasts To 2028 (US$ MN)

Figure 14. North America Sealing and Stapling Devices Market Revenue and Forecasts To 2028 (US$ MN)

Figure 15. North America Ligation Clips, Dilators, and Speculas Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 16. North America Cutter and Shears Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 17. North America Accessories Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 18. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 19. North America Colorectal Procedure Market, by Surgery Type 2021 & 2028 (%)

Figure 20. North America Right Hemicolectomy Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. North America Left Hemicolectomy Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 22. North America Subtotal Colectomy Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 23. North America Low Anterior Resection Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 24. North America Abdomino-Perineal Resection Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 25. North America Others (Including Endoscopic Surgery) Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 26. North America Colorectal Procedure Market, by End User 2021 & 2028 (%)

Figure 27. North America Hospital & Clinics Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 28. North America Surgery Centers Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 29. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 30. North America Colorectal Procedure Market, by Indication 2021 & 2028 (%)

Figure 31. North America Colon Polyps Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 32. North America Crohn’s Disease Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 33. North America Colorectal Cancer Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 34. North America Colitis Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 35. North America Irritable Bowel Syndrome Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 36. North America Other Indications Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 37. North America: Colorectal Procedure Market, by Key Country – Revenue (2021) (US$ Million)

Figure 38. North America: Colorectal Procedure Market, by Country, 2021 & 2028 (%)

Figure 39. US: Colorectal Procedure market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Canada: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. Mexico: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. Growth Strategies in the Colorectal Procedural Market (%)

The List of Companies - North America Colorectal Procedure Market

● B. Braun Melsungen AG

● Boston Scientific Corporation

● Cardinal Health Inc.

● Colospan Ltd

● CooperSurgical, Inc.

● Ethicon (Johnson & Johnson Services, Inc.)

● Medtronic

● Olympus Corporation

● SAFEHEAL

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America colorectal procedure market

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the North America colorectal procedure market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the colorectal procedure market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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