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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 12.4 Billion (Global Colorectal Cancer Treatment Market)
- Forecast CAGR (2021-2026): 8% (Global Colorectal Cancer Treatment Market)
- Forecast Market Size (2026): USD 17.5 Billion (Global Colorectal Cancer Treatment Market)
The increasing prevalence of anal and rectal diseases and demand for advanced techniques to identify abnormalities in the rectum are the key driving factors in the growth of the market over the forecast period. The market is further pushed by advancement in functionality and effectiveness by modifications such as disposable anoscope, rotating anoscope LED integrated anoscope. Further, the demand for disposable anoscopes, attributed to low cost, patient comfort, and safety from cross contamination is expected to aid in the growth of the global anoscope market.
Industry Definition and Major Segments
Anoscope is a thin, flexible tube with a light source at the end. It is an insertion device that is used in rectal or anal diagnostic assessment. It is usually used to diagnose anorectal conditions like fissure, fistula, rectal bleeding, and haemorroids.
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By type, the market is divided into:
On the basis of age group, the industry is bifurcated into:
Based on applications, the market is segmented into:
- Anal/Rectal Cancer
- Anal/Rectal Abscesses
- Perianal Tumors
On the basis of end-use, the industry is divided into:
- Ambulatory Surgical Centres
The regional markets for anoscope include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The global market for anoscope is driven by the prevalence of colon and rectal disease, especially in countries with an ageing population. As per the study conducted by the National Health Interview Survey, the National Disease and Therapeutic Index, and National Hospital Discharge Survey, 10 million people suffer from haemoroids, which is expected to support the market growth in the coming years.
Key Market Players
The major players in the market are Medline Industries Inc, OBP Medical Corporation, Welch Allyn Inc, Narang Medical Limited, Novo Surgical Inc, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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