PUBLISHER: Grand View Research | PRODUCT CODE: 1751259
PUBLISHER: Grand View Research | PRODUCT CODE: 1751259
The global endoscopic hemostasis devices market size was estimated at USD 2.10 billion in 2024 and is expected to expand at a CAGR of 3.79% from 2025 to 2030. The growing prevalence of gastrointestinal disorders, including gastric varices, peptic ulcers, and gastrointestinal cancers, is leading to a higher demand for endoscopic hemostasis devices.
For instance, the rise in peptic ulcer cases necessitates effective bleeding management during endoscopic procedures, which is contributing to market growth. As the prevalence of these conditions increases, the requirement for advanced hemostasis devices in general surgery will grow, driving further market growth.
Healthcare systems worldwide are increasingly incorporating endoscopic procedures into their cancer management protocols for early detection and treatment of cancer to improve survival rates. This trend and the rising global cancer burden are expected to boost endoscope demand, further driving market growth. Moreover, manufacturers in the market continuously innovate and expand their product lines to meet the growing clinical needs, aiming to equip them with the most advanced technology for effective cancer treatment.
Favorable government initiatives, including awareness campaigns and cancer screening programs, are expected to drive the demand for endoscopic hemostasis devices. For instance, the CDC reported that from July 2021 to June 2022, partner clinics in the Colorectal Cancer Control Program (CRCCP) screened nearly 198,000 individuals for colorectal cancer, marking a 35% increase (51,084 additional screenings) compared to the previous year.
Global Endoscopic Hemostasis Devices Market Report Segmentation
This report forecasts revenue growth and provides at global, regional, and country levels an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this report, Grand View Research has segmented the global endoscopic hemostasis devices market report based on product, end use, and region: