North America Colorectal Procedure Market Forecast to 2028 - Regional Analysis - by Product, Surgery Type, Indication, End User

List of Tables

The North America colorectal procedure market is expected 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 Fuel North America Colorectal Procedure Market

The market for colorectal procedures is ascribed to frequent diagnostic tests and medical device launches. Most of the major market players are involved in manufacturing a wide range of devices that help in reducing the burden of colorectal cancer and other associated indications such as colon polyps, Crohn's disease, colitis, irritable bowel syndrome, and others. For instance, in April 2020, Olympus Corporation announced the launch of EVIS X1, which is the most advanced endoscopy. This system helps to improve the results from disorders of the stomach, colon, esophagus, and bronchial diseases. The system has various features such as extended depth of field (EDOF), red dichromatic imaging (RDI), texture and color enhancement imaging (TXI), and narrow-band imaging (NBI). The launch of EVIS X1 strengthened Olympus leadership in endoscopy and in the medical device industry.

In July 2022, US Digestive Health (USDH), a network of top-rated gastrointestinal (GI) practices, announced the commercialization of AI-assisted colonoscopy screenings with the country's largest installation of GI Genious Intelligent endoscopy modules. In real-time, it will help physicians identify hard-to-detect and potentially cancerous polyps. The launch of the device will give patients throughout southeastern, southwestern, and central Pennsylvania wide-ranging access to the innovative and its enhanced capability. Moreover, in September 2020, Olympus Corporation announced the launch of ENDO-AID, a cutting-edge platform powered by artificial intelligence (AI) and includes the endoscopy application ENDO-AID CADe (computer-aided detection) for the colon. This new AI platform enables the real-time display of automatically detected suspicious lesions and works in combination with the recently introduced EVIS X1. Thus, the constant developments and new product launches in colorectal-associated indications are driving the colorectal procedural market growth.

North America Colorectal Procedure Market Overview

The North America North America colorectal procedure market is segmented into the US, Canada, and Mexico. North America is the dominating region in the global colorectal procedure market. The growth can be attributed to age-related problems, increasing government funds, and continuous regional technology improvements. The growth of the North America colorectal procedure market in the region is expected to grow due to significantly rising incidences of colorectal cancer across the country and growing government support for the research in colon cancer. Moreover, the government provides multiple programs for the betterment of the population.

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 into product, surgery type, indication, end user, and country.

Based on route of product, the North America colorectal procedure market is segmented into endoscope, electrosurgery, handheld devices and visual systems, sealing and stapling devices, ligation clips and dilators and speculas, cutter and shears, accessories, and others. The endoscope segment held the largest share of the North America colorectal procedure market in 2022.

Based on 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 (including endoscopic surgery). The subtotal colectomy segment held the largest share of the North America colorectal procedure market in 2022.

Based on end user, the North America colorectal procedure market is segmented into hospitals & clinics, surgery centers, and others. The hospitals and clinics segment held the largest share of the North America colorectal procedure market in 2022.

Based on indication, the North America colorectal procedure market is segmented into colon polyps, Crohn's disease, colorectal cancer, colitis, irritable bowel syndrome, and other indications. The irritable bowel syndrome segment held the largest share of the North America colorectal procedure market in 2022.

Based on country, the North America colorectal procedure market is segmented into US, Canada, and Mexico. US dominated the North America colorectal procedure market in 2022.

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

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Product Code: BMIRE00027476

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 PEST Analysis
- 4.2.1 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 Market Opportunities
- 5.3.1 Growing Medical Device Industry in Emerging Economies
5.4 Future Trends
- 5.4.1 Development and Launch of Innovative Products
5.5 Impact Analysis

6. North America Colorectal Procedure Market - North America Analysis

6.1 North America Colorectal Procedure Market Revenue Forecast & Analysis
- 6.1.1 North America Colorectal Procedure Market - Revenue Forecast and Analysis - 2020- 2028
- 6.1.2 North America Colorectal Procedure Market - Volume Forecast and Analysis - 2020- 2028
- 6.1.3 North America Colorectal Procedure Market - By Region - Volume Forecast and Analysis - 2020- 2028

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 2022 & 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
- 7.4.2 Electrosurgery Market Revenue and Forecast to 2028 (US$ Mn)
7.5 Handheld Device and Visual Systems
- 7.5.1 Overview
- 7.5.2 Handheld Device and Visual Systems Market Revenue and Forecast to 2028 (US$ Mn)
7.6 Sealing and Stapling Devices
- 7.6.1 Overview
- 7.6.2 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 2022 & 2028 (%)
8.3 Right Hemicolectomy
- 8.3.1 Overview
- 8.3.2 Right Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)
- 8.3.3 Right Hemicolectomy Market Volume and Forecast to 2028 (Units)
8.4 Left Hemicolectomy
- 8.4.1 Overview
- 8.4.2 Left Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)
- 8.4.3 Left Hemicolectomy Market Volume and Forecast to 2028 (Units)
8.5 Subtotal Colectomy
- 8.5.1 Overview
- 8.5.2 Subtotal Colectomy Market Revenue and Forecast to 2028 (US$ Mn)
- 8.5.3 Subtotal Colectomy Market Volume and Forecast to 2028 (Units)
8.6 Low Anterior Resection
- 8.6.1 Overview
- 8.6.2 Low Anterior Resection Market Revenue and Forecast to 2028 (US$ Mn)
- 8.6.3 Low Anterior Resection Market Volume and Forecast to 2028 (Units)
8.7 Abdomino-Perineal Resection
- 8.7.1 Overview
- 8.7.2 Abdomino-Perineal Resection Market Revenue and Forecast to 2028 (US$ Mn)
- 8.7.3 Abdomino-Perineal Resection Market Volume and Forecast to 2028 (Units)
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)
- 8.8.3 Others (Including Endoscopic Surgery) Market Volume and Forecast to 2028 (Units)

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 2022 & 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 2022 & 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: North America Colorectal Procedure Market
- 11.1.1 Overview
- 11.1.2 North America: North America Colorectal Procedure Market, by Country, 2022 & 2028 (%)
  - 11.1.2.1 US: North America Colorectal Procedure Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.1.1 US: North America Colorectal Procedure Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.1.2 US North America Colorectal Procedure Market, by Product - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.1.3 US North America Colorectal Procedure Market, by Surgery Type - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.1.4 US North America Colorectal Procedure Market, by End User - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.1.5 US North America Colorectal Procedure Market, by Indication - Revenue and Forecast to 2028 (US$ Million)
  - 11.1.2.2 Canada: North America Colorectal Procedure Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.2.1 Canada: North America Colorectal Procedure Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.2.2 Canada North America Colorectal Procedure Market, by Product - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.2.3 Canada North America Colorectal Procedure Market, by Surgery Type - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.2.4 Canada North America Colorectal Procedure Market, by End User - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.2.5 Canada North America Colorectal Procedure Market, by Indication - Revenue and Forecast to 2028 (US$ Million)
  - 11.1.2.3 Mexico: North America Colorectal Procedure Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.3.1 Mexico: North America Colorectal Procedure Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.3.2 Mexico North America Colorectal Procedure Market, by Product - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.3.3 Mexico North America Colorectal Procedure Market, by Surgery Type - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.3.4 Mexico North America Colorectal Procedure Market, by End User - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.2.3.5 Mexico North America 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