Market Overview:
The global polypectomy snare market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of colorectal cancer, rising geriatric population, and technological advancements in polypectomy snare devices. Based on type, the global polypectomy snare market is segmented into single loop polypectomy snare and multiple loop polypectomy snare. The single loop polypectomy snare segment is expected to account for the majority share of the global market in 2018. This can be attributed to its low cost and easy availability as compared to multiple looppolypocytosnore devices. Based on application, the globalmarketis divided into hospital and clinic, ambulatory surgery center (ASC), and others (including research institutesand diagnostic centers).
Product Definition:
The removal of a polyp by snare. Polypectomy snares are used to remove small polyps from the colon during a colonoscopy.
Single Loop Polypectomy Snare:
Single-loop polypectomy snares are used for the removal of abnormal tissues during endoscopic procedures. These devices are also known as linear or straight snare and can be categorized under flexible tubing devices. Single loop polypectomy snares have a small lumen which is closed at one end and open at the other, it is passed through the tissue to be removed so that only one side has access to oxygen.
Multiple Loop Polypectomy Snare:
Multiple loop polypectomy snare is a device used to decrease the risk of regrowth of hair in patients suffering from androgenetic alopecia. It consists of two metal coils connected by a flexible wire that inserts into the skin. The other end of this wire is attached to an electrical current which causes temporary burning sensation, thus creating a trap for hair roots.
Application Insights:
Based on application, the market is segmented into hospital and clinic, ambulatory surgery center, others. Others segment includes diagnostic centers and laboratories. Polypectomy snares are widely used in other applications including research laboratories for testing various samples such as blood or tissue sample from animals or humans for disease diagnosis purposes.
The hospital and clinic application segment dominated the global polypectomy snare market in 2017 owing to rising awareness about minimally invasive surgeries among healthcare professionals coupled with increasing government funding for improving healthcare infrastructure at a global level. For instance, according to WHO statistics published in 2018, there has been an increase of around USD 8 billion in spending on health worldwide compared to 2016 while the number of doctors increased by around 3% globally during same period which indicates growing demand for polypectomy snares over the years ahead.
Regional Analysis:
North America dominated the global polypectomy snares market in 2017. This is due to the presence of a large number of key players and high adoption rate for technologically advanced products. The region is expected to maintain its dominance throughout the forecast period owing to increasing cases of breast cancer, rising healthcare expenditure, and growing demand for minimally invasive surgeries.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to factors such as improving healthcare infrastructure & facilities along with rising medical tourism in emerging economies such as India & China & Japan etc., Moreover, government initiatives are also being undertaken in this region which will boost growth further.
Growth Factors:
- Increasing incidence of colorectal cancer: The incidence of colorectal cancer is increasing at an alarming rate across the globe. This is primarily attributed to changing lifestyle and dietary habits. Colorectal cancer is the third most common type of cancer in men and women. Polypectomy snare helps in early detection and removal of polyps from the colon, which can reduce the risk of developing colorectal cancer by up to 90%.
- Rising awareness about benefits of early detection: There is a growing awareness among people about the benefits of early detection and prevention methods for various diseases, including colorectal cancer. This has led to an increase in demand for polypectomy snare products worldwide.
- Technological advancements: The technology used for manufacturing polypectomy snare products is constantly evolving, with new innovations being introduced regularly. This has helped improve the efficacy and safety profile of these products, thus driving their demand globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polypectomy Snares Market Research Report
By Type
Single Loop Polypectomy Snare, Multiple Loop Polypectomy Snare
By Application
Hospital and Clinic, Ambulatory Surgery Center, Others
By Companies
Boston Scientific, Steris, CONMED, Avanos Medical Devices, Diversatek, Blue Endo, Carmonja, Changzhou Health Microport Medical Devices, EMED, Endo-Flex, Boston Scientific, ENDOMED, Healthcare Medical Changzhou, Jiangsu Kangjin Medical Instruments, Medi-Globe, Mednova Medical Technology, Ovesco Endoscopy, Pauldrach Medical, Sejong Medical, US endoscopy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Polypectomy Snares Market Report Segments:
The global Polypectomy Snares market is segmented on the basis of:
Types
Single Loop Polypectomy Snare, Multiple Loop Polypectomy Snare
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital and Clinic, Ambulatory Surgery Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Steris
- CONMED
- Avanos Medical Devices
- Diversatek
- Blue Endo
- Carmonja
- Changzhou Health Microport Medical Devices
- EMED
- Endo-Flex
- Boston Scientific
- ENDOMED
- Healthcare Medical Changzhou
- Jiangsu Kangjin Medical Instruments
- Medi-Globe
- Mednova Medical Technology
- Ovesco Endoscopy
- Pauldrach Medical
- Sejong Medical
- US endoscopy
Highlights of The Polypectomy Snares Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Loop Polypectomy Snare
- Multiple Loop Polypectomy Snare
- By Application:
- Hospital and Clinic
- Ambulatory Surgery Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polypectomy Snares Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A polypectomy snare is a surgical device that helps surgeons remove large tumors or masses from the body. The device consists of a series of metal wires that are threaded through the tumor and tied off in a knot, or "snare." This allows the surgeon to easily remove the tumor without having to cut into surrounding tissue.
Some of the major players in the polypectomy snares market are Boston Scientific, Steris, CONMED, Avanos Medical Devices, Diversatek, Blue Endo, Carmonja, Changzhou Health Microport Medical Devices, EMED, Endo-Flex, Boston Scientific, ENDOMED, Healthcare Medical Changzhou, Jiangsu Kangjin Medical Instruments, Medi-Globe, Mednova Medical Technology, Ovesco Endoscopy, Pauldrach Medical, Sejong Medical, US endoscopy.
The polypectomy snares market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polypectomy Snares Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polypectomy Snares Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polypectomy Snares Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polypectomy Snares Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polypectomy Snares Market Size & Forecast, 2020-2028
4.5.1 Polypectomy Snares Market Size and Y-o-Y Growth
4.5.2 Polypectomy Snares Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Loop Polypectomy Snare
5.2.2 Multiple Loop Polypectomy Snare
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital and Clinic
6.2.2 Ambulatory Surgery Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polypectomy Snares Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polypectomy Snares Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Loop Polypectomy Snare
9.6.2 Multiple Loop Polypectomy Snare
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital and Clinic
9.10.2 Ambulatory Surgery Center
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Loop Polypectomy Snare
10.6.2 Multiple Loop Polypectomy Snare
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital and Clinic
10.10.2 Ambulatory Surgery Center
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Loop Polypectomy Snare
11.6.2 Multiple Loop Polypectomy Snare
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital and Clinic
11.10.2 Ambulatory Surgery Center
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Loop Polypectomy Snare
12.6.2 Multiple Loop Polypectomy Snare
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital and Clinic
12.10.2 Ambulatory Surgery Center
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Loop Polypectomy Snare
13.6.2 Multiple Loop Polypectomy Snare
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital and Clinic
13.10.2 Ambulatory Surgery Center
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polypectomy Snares Market: Competitive Dashboard
14.2 Global Polypectomy Snares Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Steris
14.3.3 CONMED
14.3.4 Avanos Medical Devices
14.3.5 Diversatek
14.3.6 Blue Endo
14.3.7 Carmonja
14.3.8 Changzhou Health Microport Medical Devices
14.3.9 EMED
14.3.10 Endo-Flex
14.3.11 Boston Scientific
14.3.12 ENDOMED
14.3.13 Healthcare Medical Changzhou
14.3.14 Jiangsu Kangjin Medical Instruments
14.3.15 Medi-Globe
14.3.16 Mednova Medical Technology
14.3.17 Ovesco Endoscopy
14.3.18 Pauldrach Medical
14.3.19 Sejong Medical
14.3.20 US endoscopy
