North America Colorectal Surgical Devices Market — Overview & Trends
The North America colorectal surgical devices market is sizable and expanding rapidly. Recent market estimates place the regional market in the mid-single-digit billions (USD) in the early 2020s, with projections showing it could more than double by the end of the decade. Forecasts expect strong compound annual growth driven by rising procedure volumes and technology adoption.
Key drivers
Major growth drivers include a high and growing incidence of colorectal diseases (including colorectal cancer and inflammatory bowel disorders), an aging population with higher surgical needs, improved screening and early detection programs, and rapid adoption of minimally invasive and robotic surgical techniques that increase demand for advanced instruments and accessories.