The colorectal procedure market size is projected to reach US$ 42.76 billion by 2031 from US$ 15.95 billion in 2023. The market is expected to register a CAGR of 13.10% during 2023–2031. Key factors that are fuelling the growth of the market are the increasing prevalence of colorectal cancer and new product launches. However, complications associated with colorectal procedures are expected to restrict the market growth during the forecast period.  One of the most prevalent and deadly tumours that develop in people when hereditary and environmental variables come together is colorectal cancer.

Source: - The Insight Partner