A shortage of skilled personnel could stymie market expansion. Endoscopic retrograde cholangiopancreatography (ERCP) is a procedure that uses endoscopy and fluoroscopy to examine, diagnose, and treat diseases of the liver, gallbladder, bile duct, and pancreas. In addition to the physician doing the surgery, an ERCP requires the attendance of a radiologist. The radiologist supports the surgeon in directing the endoscopic intervention by scanning the duodenum, pancreas, and biliary tree for abnormalities. According to the American Cancer Society, 41,260 new cases of liver cancer and intrahepatic bile duct cancer will be diagnosed in the United States in 2022. The incidence of liver cancer has more than tripled in the last few decades, while the mortality rate has more than doubled.
North America Endoscopic Retrograde Cholangiopancreatography Market Report Scope and Research Methodology:
The research provides an in-depth analysis of the market, including key stakeholders in the North America Endoscopic Retrograde Cholangiopancreatography industry. The volume, income, production, and sales of the market are all detailed in the North America Endoscopic Retrograde Cholangiopancreatography market research. It clearly illustrates the market's historical and current state, as well as anticipated trends and North America Endoscopic Retrograde Cholangiopancreatography market size. The report used different research approaches, such as interviews, surveys, and so on, to fully understand customer behaviour.
The SMR report is the outcome of multiple approaches utilised in the study, including PORTER, PESTLE, and SWOT analysis, as well as a bottom-up approach to estimating the North America Endoscopic Retrograde Cholangiopancreatography market size. These methodologies were utilised in the study to provide light on the important financial aspects on which key firms must concentrate when identifying competition and formulating market strategies.
North America Endoscopic Retrograde Cholangiopancreatography Market Overview:
Stellar Market Research has released a research titled North America Endoscopic Retrograde Cholangiopancreatography Market, which includes Manufacturers, Regions, Types, Applications, Segments, and Forecast to 2029. The study analyses insights in light of the North America Endoscopic Retrograde Cholangiopancreatography market, as well as its ever-changing patterns, industry environment, and other leading market elements.
North America Endoscopic Retrograde Cholangiopancreatography Market size was valued at US$ 0.81 Bn. in 2021 and the total revenue is expected to grow at 6 % through 2022 to 2027, reaching nearly US$ 1.15 Bn. by 2027.
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North America Endoscopic Retrograde Cholangiopancreatography Market Segmentation:
Endotherapy devices are expected to dominate the market in 2027 because to the rise in gastrointestinal diseases and less invasive operations. Furthermore, the reason for considerable growth in the North American area is owing to high healthcare spending, which is fueling the expansion of the ERCP market in the region.
The Endoscopic Retrograde Cholangiopancreatography Market in North America is controlled by hospitals and clinics in terms of end user. This is partly due to the fact that the majority of volume consumption occurs in hospitals and clinics throughout North America. When it comes to hospitals in the North American region, testing and diagnosis are also usually done in-house. All of these reasons significantly contribute to the growth of the Endoscopic Retrograde Cholangiopancreatography Market.
Because of the prevalence of pancreatic duct and bile duct stones in the North American population, Pancreatic Sphincterotomy is expected to dominate the Endoscopic Retrograde Cholangiopancreatography Market. Furthermore, because to an increase in biliary problems, the expanding geriatric population in North America has a demand for endoscopies.
North America Endoscopic Retrograde Cholangiopancreatography Market Key Players:
Hobbs Medical Inc (US)
Steris PLC (US)
Merit Medical Systems, Inc. (US)
TeleMed Systems, Inc. (US)
Kimberly-Clark Corporation (US)
Boston Scientific Corporation (US)
Olympus Corporation (US)
Medtronic (US)
Ambu Inc (US)
Conmed Corp (US)
North America Endoscopic Retrograde Cholangiopancreatography Market Regional Insights:
The market report offers a thorough examination of market size, dynamics, and market share in the following regions: North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
Key Questions answered in the North America Endoscopic Retrograde Cholangiopancreatography Market Report are:
- What is the expected North America Endoscopic Retrograde Cholangiopancreatography market size by the end of the forecast period?
- What are the North America Endoscopic Retrograde Cholangiopancreatography market segments?
- Which segment in the North America Endoscopic Retrograde Cholangiopancreatography market is expected to grow rapidly during the forecast period?
- Which are the prominent players in the North America Endoscopic Retrograde Cholangiopancreatography market?
- What key trends are expected to emerge in the North America Endoscopic Retrograde Cholangiopancreatography market during the forecast period?
- Which region dominated the North America Endoscopic Retrograde Cholangiopancreatography Market?
- Which regional market is expected to grow at a high rate during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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