ERCP and PTC Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

ERCP and PTC Devices Market Report Overview

The ERCP and PTC devices market size was $913.9 million in 2023. The market is expected to grow at a CAGR of more than 2% during 2023-2033. Endoscopic Retrograde Cholangiopancreatography (ERCP) is a combined endoscopic and radiologic procedure for the ducts draining the liver and pancreas, which includes bile ducts, gallbladder, and pancreatic ducts. Meanwhile, Percutaneous Transhepatic Cholangiography (PTC) is useful in accessing the biliary tree when a high-grade stricture precludes endoscopic visualization or when prior surgery makes endoscopic access difficult.

ERCP and PTC Devices Market Outlook, 2023-2033 ($ Million)

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The ERCP and PTC Devices market research report gives a detailed overview of the market behavior, which will help identify market trends in the general surgery devices therapeutic area. The model discusses in detail the impact of COVID-19 on the ERCP and PTC devices market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.

ERCP and PTC Devices Market Dynamics

ERCP and PTC devices are often used in the treatment of obstructive jaundice from benign or malignant causes and in the management of biliary leaks. These devices are also used for preventing pancreatitis and draining the gallbladder and pancreatic fluids. The primary driver for the ERCP and PTC devices market growth is the increasing number of ERCP and PTC procedures performed. In recent years, there has been quite an upsurge in the demand for ERCP procedures due to biliary obstruction.

ERCP and PTC Devices Market Segments

The key segments in the ERCP and PTC devices market are dilators, ERCP & PTC cannula/catheters, ERCP & PTC guidewires, sphincterotomes, and stone extractors. Sphincterotomes led the ERCP and PTC devices market in 2023. They are needles or knives that consist of external Teflon catheters with an inward retractable cutting wire. In many cases, this cutting wire is utilized for pre-sliced sphincterotomy to access the bile channel when standard cannulation fails.

ERCP and PTC Devices Market Analysis by Segments, 2023 (%)

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ERCP and PTC Devices Market Segmentation by Regions

The key regions in the ERCP and PTC devices market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, North America dominated the ERCP and PTC devices market. The region is expected to retain its position during the forecast period. The US accounted for the highest market share in the region. The North American ERCP and PTC devices market will grow with the development of endoscopic applications and the feasibility of diagnostic and therapeutic interventions.

ERCP and PTC Devices Market Analysis by Regions, 2023 (%)

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ERCP and PTC Devices Market - Competitive Landscape

A few of the leading companies in the ERCP and PTC devices market are:

• Boston Scientific Corp
• ConMed Corp
• Cook Medical Inc
• Olympus Corp
• Merit Medical Systems Inc

Boston Scientific Corp dominated the market in 2023.

ERCP and PTC Devices Market Analysis by Companies, 2023 (%)

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Segments Covered in the Report

ERCP and PTC Devices Segments Outlook (Value, $ Million, 2015-2033)

• Dilators
• ERCP & PTC Cannula/Catheters
• ERCP & PTC Guidewires
• Sphincterotomes
• Stone Extractors

ERCP and PTC Devices Regional Outlook (Value, $ Million, 2015-2033)

• North America
• Europe
• Asia Pacific
• South Central America
• Middle East & Africa

Key Inclusions

Currently marketed ERCP and PTC Devices and evolving competitive landscape:

• Insightful review of the key industry trends.
• Annualized total ERCP and PTC Devices market revenue by segment and market outlooks from 2015-2033.
• Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights:

• Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
• SWOT analysis for the ERCP and PTC Devices market.
• Competitive dynamics insights and trends provided for the ERCP and PTC Devices market.

Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

• Country-specific overview of the healthcare system.
• Country-specific reimbursement policies.
• Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Boston Scientific Corp, ConMed Corp, Cook Group Inc, Olympus Corp, Merit Medical Systems Inc, and others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This report provides:

• Insightful review of the key industry trends.
• Annualized total ERCP and PTC Devices market revenue by segment and market outlooks.
• Market-level data on units, average selling prices, and market values.
• Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
• SWOT analysis for the ERCP and PTC Devices market.
• Competitive dynamics insights and trends provided for the ERCP and PTC Devices market.
• Country-specific overview of the healthcare system.
• Country-specific reimbursement policies.
• Country-specific medtech regulatory landscape.

Reasons to Buy

• Understand the impact of COVID-19 on the ERCP and PTC Devices market.
• Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
• Develop business strategies by understanding the trends shaping and driving the ERCP and PTC Devices market.
• Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the ERCP and PTC Devices market in the future.
• Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
• Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
• Track device sales in the global and country-specific ERCP and PTC Devices market from 2015-2033.
• Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.