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Infinium Global Research has added a new report on Chromoendoscopy Agents Market. The report covers the analysis of global as well as regional markets of chromoendoscopy agents. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run.According to the report, the global chromoendoscopy agents market is projected to grow at a CAGR of 3.2% over the forecast period of 2019-2025.

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Chromoendoscopy involves the spraying of chromoendoscopy agents onto the GI mucosa during an endoscopy procedure to aid in tissue diagnosis and characterization. In particular, it has been used to identify areas of dysplasia or cancer that are not easily visible with standard endoscopic imaging. Chromoendoscopy agents are used in various regions of the gastrointestinal tract such as stomach, duodenum, colon, and esophagus. Agents such as methylene blue, toluidine blue, acetic acid, and indigo carmine are majorly used for chromoendoscopy. These agents are applied to the mucosal lining of the gastrointestinal tract by using a spray catheter. Chromoendoscopy agents aid in the classification of multiple diseases occurring in the gastrointestinal tract. The usage of methylene blue stain in chromoendoscopy has shown the increased rates of detection in diseases such as Barrett’s esophagus, dysplasia, and cancer. Additionally, Lugol’s solution is used for the diagnosis of squamous cell dysplasia or carcinoma of the esophagus. Other stains used for diagnosis include crystal violet and Congo red.

Chromoendoscopy Agents Help in the Early Diagnosis of These Diseases Hence Driving the Growth of Chromoendoscopy Agents Market

Chromoendoscopy agents are major components used for the detection of various diseases related to the gastrointestinal tract. The rising prevalence of the disease such as cancers related to the gastrointestinal tract is increasing the demand for chromoendoscopy agents used for the diagnosis of these diseases. Chromoendoscopy agents help in the early diagnosis of these diseases hence driving the growth of chromoendoscopy agents market. Cancer is the leading cause of death worldwide. According to WHO, in 2018, cancer was the cause of 9.6 billion deaths. Furthermore, increasing awareness owing to government campaigns supporting diagnosis and treatment of cancers the chromoendoscopy agents market has led to the growth of preventive and diagnostic healthcare resulting in the increased use of chromoendoscopy, which in turn drives the growth of the chromoendoscopy agents market. However, chromoendoscopy needs an experienced endoscopist as it is operator dependent and the unavailability of trained professionals restrains the growth of the market. Moreover, increasing investments in research and development by several major healthcare providers are creating opportunities for the growth of chromoendoscopy agents market.

North America is Leading the Market And Holds the Largest Share

Geographically, global chromoendoscopy agents market is distributed into North America, Europe, The Asia Pacific and the Rest of the World. North America is leading the market and holds the largest share among the regions. Increasing healthcare expenditure and increasing awareness regarding cancer are some factors enhancing the growth of the market in this region. Europe holds the second largest share in the market due to a rise in government funding. The major contributors to this region are Germany, U.K., France, Spain, and Italy. Asia-pacific is fastest growing region furthermore, heavy investments in the healthcare sector are fueling the growth of chromoendoscopy agents market.

Chromoendoscopy Agents Market: Segmentation

The report on global chromoendoscopy agents market covers segments such as product type, application, and end user. On the basis of product type, the sub-markets include absorptive agents, reactive agents, and contrast agents. On the basis of application, the sub-markets include gastric, esophageal, and colorectal. On the basis of end user, the sub-markets include hospitals, specialty clinics, diagnostic centers, and ambulatory surgery centers.

Chromoendoscopy Agents Market: Competitive Landscape

The report provides profiles of the companies in the market such as Thermo Fisher Scientific, Merck & Co., Inc., Histalim, Sisco Research Laboratories Pvt. Ltd., Enzo Life Sciences, Inc., Provepharm life Solutions SA, Cosmo Pharmaceuticals, and Other Companies.

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Reasons to Buy this Report:

  • Comprehensive analysis of global as well as regional markets of the Chromoendoscopy Agents.
  • Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
  • Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.