The North America colorectal procedure market is projected to grow from US$ 6,311.66 million in 2022 to US$ 12,946.28 million by 2028. It is estimated to grow at a CAGR of 12.7% from 2022 to 2028.

Increasing Prevalence of Colorectal Cancer Bolsters North America Colorectal Procedure Market

Colorectal cancer is one of the most lethal cancer types developed in individuals with the combined influence of genetic and environmental factors. According to the World Health Organization (WHO), colorectal cancer is the third most prevalent form of cancer; it is the third most common cancer in men and the second most common cancer in women. The lifetime risk of developing colorectal cancer is about 1 in 23 for men and 1 in 25 for women. A significant population in North America is diagnosed with colorectal cancer. For instance, according to the Centers for Disease Control and Prevention (CDC) and American Cancer Society, ~1.93 million cases of adults in the US were diagnosed with colon and rectum cancer, and 53,200 deaths were reported with colorectal cancer in 2020. These statistics indicate increased demand for advanced cancer diagnostics and therapeutics in North America, which is boosting the growth of the colorectal procedure market in the region.

Market Overview

TheNorth America colorectal procedure market is segmented into the US, Canada, and Mexico. The market growth in this region is attributed to the growing commonness of age-related medical conditions and continuous improvements in technologies in the region with increasing government funds. Moreover, the rising incidence of colorectal cancer and growing government support for research in colon cancer are contributing to the market growth. Colorectal cancer is among the five most common cancers diagnosed in the US. According to the estimates from the American Cancer Society, ~106,000 new cases of colorectal cancer and ~45,000 new cases of rectal cancer would be recorded nationwide in 2022. Although older adults are more prone to develop colorectal cancer, the cases have begun increasing in younger adults. Colectomy, also known as colon resection, is the surgical removal of the diseased part of the intestine or colon. This procedure is recommended for bowel obstruction caused by scar tissue or deformity, bleeding, infection, or ulceration caused by ulcerative colitis, cancer, precancerous polyps, familial polyposis, or traumatic injury.

North America Colorectal Procedure Market Revenue and Forecast to 2028 (US$ Million)

North America Colorectal Procedure Market Segmentation

The North America colorectal procedure market is segmented on the basis of product, surgery type, end user, indication, and country. Based on product, the market is divided into endoscopes, electrosurgery devices, handheld devices and visual systems, sealing and stapling devices, ligation clips and dilators & speculas, cutters and shears, accessories, and others.

In terms of surgery type, the North America colorectal procedure market is segmented into right hemicolectomy, left hemicolectomy, subtotal colectomy, low anterior resection, abdomino-perineal resection, and others (endoscopic surgery).

The North America colorectal procedure market, based on end user, is segmented into hospitals and clinics, surgery centers, and others.

Based on indication, the market is segmented into colon polyps, Crohn’s disease, colorectal cancer, colitis, irritable bowel syndrome, and other indications. In terms of country, the North America colorectal procedure market is segmented into the US, Canada, and Mexico. The US has been a dominant market throughout 2022.

B. Braun Melsungen AG; Boston Scientific Corporation; Cardinal Health Inc.; Colospan Ltd; CooperSurgical, Inc.; Ethicon (Johnson & Johnson Services, Inc.); Medtronic; Olympus Corporation; and SAFEHEAL are the leading companies operating in the colorectal procedure market in North America.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Colorectal Procedure Market – By Product
1.3.2 North America Colorectal Procedure Market – By Surgery Type
1.3.3 North America Colorectal Procedure Market – By Indication
1.3.4 North America Colorectal Procedure Market – By End User
1.3.5 North America Colorectal Procedure Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Colorectal Procedure Market – Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Experts Opinion
5. North America Colorectal Procedure Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Colorectal Cancer
5.1.2 New Product Launches
5.2 Market Restraints
5.2.1 Complications Associated with Colorectal Procedure
5.3 Future Trends
5.3.1 Development and Launch of Innovative Products
5.4 Impact Analysis
6. Colorectal Procedure Market – North America Analysis
6.1 North America Colorectal Procedure Market Revenue Forecast & Analysis
7. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By Product
7.1 Overview
7.2 North America Colorectal Procedure Market, By Product 2021 & 2028 (%)
7.3 Endoscope
7.3.1 Overview
7.3.2 Endoscope Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Electrosurgery
7.4.1 Overview
7.4.1.1 Electrosurgery Market Revenue and Forecast to 2028 (US$ Mn)
7.5 Handheld Device and Visual Systems
7.5.1 Overview
7.5.1.1 Handheld Device and Visual Systems Market Revenue and Forecast to 2028 (US$ Mn)
7.6 Sealing and Stapling Devices
7.6.1 Overview
7.6.1.1 Sealing and Stapling Devices Market Revenue and Forecast to 2028 (US$ Mn)
7.7 Ligation Clips, Dilators, and Speculas
7.7.1 Overview
7.7.2 Ligation Clips, Dilators, and Speculas Market Revenue and Forecast to 2028 (US$ Mn)
7.8 Cutter and Shears
7.8.1 Overview
7.8.2 Cutter and Shears Market Revenue and Forecast to 2028 (US$ Mn)
7.9 Accessories
7.9.1 Overview
7.9.2 Accessories Market Revenue and Forecast to 2028 (US$ Mn)
7.10 Others
7.10.1 Overview
7.10.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
8. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By Surgery Type
8.1 Overview
8.2 North America Colorectal Procedure Market, By Surgery Type 2021 & 2028 (%)
8.3 Right Hemicolectomy
8.3.1 Overview
8.3.2 Right Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Left Hemicolectomy
8.4.1 Overview
8.4.2 Left Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Subtotal Colectomy
8.5.1 Overview
8.5.2 Subtotal Colectomy Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Low Anterior Resection
8.6.1 Overview
8.6.2 Low Anterior Resection Market Revenue and Forecast to 2028 (US$ Mn)
8.7 Abdomino-Perineal Resection
8.7.1 Overview
8.7.2 Abdomino-Perineal Resection Market Revenue and Forecast to 2028 (US$ Mn)
8.8 Others (Including Endoscopic Surgery)
8.8.1 Overview
8.8.2 Others (Including Endoscopic Surgery) Market Revenue and Forecast to 2028 (US$ Mn)
9. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By End User
9.1 Overview
9.2 North America Colorectal Procedure Market, By End User 2021 & 2028 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospital & Clinics Market Revenue and Forecast to 2028 (US$ Mn)
9.4 Surgery Centers
9.4.1 Overview
9.4.2 Surgery Centers Market Revenue and Forecast to 2028 (US$ Mn)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
10. North America Colorectal Procedure Market Analysis and Forecasts To 2028 – By Indication
10.1 Overview
10.2 North America Colorectal Procedure Market, By Indication 2021 & 2028 (%)
10.3 Colon Polyps
10.3.1 Overview
10.3.2 Colon Polyps Market Revenue and Forecast to 2028 (US$ Mn)
10.4 Crohn’s Disease
10.4.1 Overview
10.4.2 Crohn’s Disease Market Revenue and Forecast to 2028 (US$ Mn)
10.5 Colorectal Cancer
10.5.1 Overview
10.5.2 Colorectal Cancer Market Revenue and Forecast to 2028 (US$ Mn)
10.6 Colitis
10.6.1 Overview
10.6.2 Colitis Market Revenue and Forecast to 2028 (US$ Mn)
10.7 Irritable Bowel Syndrome
10.7.1 Overview
10.7.2 Irritable Bowel Syndrome Market Revenue and Forecast to 2028 (US$ Mn)
10.8 Other Indications
10.8.1 Overview
10.8.2 Other Indications Market Revenue and Forecast to 2028 (US$ Mn)
11. North America Colorectal Procedure Market Revenue and Forecasts to 2028 – Country Analysis
11.1 North America: Colorectal Procedure Market
11.1.1 Overview
11.1.2 North America: Colorectal Procedure Market, by Country, 2021 & 2028 (%)
11.1.2.1 US: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.1 US: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.2 US Colorectal Procedure Market, by Surgery Type –Forecast to 2028
11.1.2.1.3 US Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.4 US Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.5 US Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.6 US Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2 Canada: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.1 Canada: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.2 Canada Colorectal Procedure Market, by Surgery Type –Forecast to 2028
11.1.2.2.3 Canada Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.4 Canada Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.5 Canada Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.6 Canada Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3 Mexico: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.1 Mexico: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.2 Mexico Colorectal Procedure Market, by Surgery Type –Forecast to 2028
11.1.2.3.3 Mexico Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.4 Mexico Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.5 Mexico Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.6 Mexico Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
12. Colorectal Procedural Market –Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Colorectal Procedural Market (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profile
13.1 Ethicon (Johnson & Johnson Services, Inc.)
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Colospan Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 SAFEHEAL
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 B. Braun Melsungen AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Cardinal Health Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Boston Scientific Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 CooperSurgical, Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Olympus Corporation
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms

LIST OF TABLES

Table 1. US Colorectal Procedure Market, by Surgery Type–Forecast to 2028
Table 2. US Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 3. US Colorectal Procedure market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. US Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Colorectal Procedure Market, by Surgery Type–Forecast to 2028
Table 7. Canada Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Colorectal Procedure Market, by Surgery Type–Forecast to 2028
Table 12. Mexico Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 16. Organic Developments in the Colorectal Procedural Market
Table 17. Inorganic Developments in the Colorectal Procedural Market
Table 18. Glossary of Terms

LIST OF FIGURES

Figure 1. North America Colorectal Procedure Market Segmentation
Figure 2. North America Colorectal Procedure Market, By Country
Figure 3. North America Colorectal Procedure Market Overview
Figure 4. Subtotal Colectomy Segment Held Largest Share of Surgery Type Segment in North America Colorectal Procedure Market
Figure 5. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. Experts Opinion
Figure 8. North America Colorectal Procedural Market Impact Analysis of Drivers and Restraints
Figure 9. North America Colorectal Procedure Market – Revenue Forecast and Analysis – 2019- 2028
Figure 10. North America Colorectal Procedure Market, by Product 2021 & 2028 (%)
Figure 11. North America Endoscope Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. North America Electrosurgery Market Revenue and Forecasts To 2028 (US$ MN)
Figure 13. North America Handheld Device and Visual Systems Market Revenue and Forecasts To 2028 (US$ MN)
Figure 14. North America Sealing and Stapling Devices Market Revenue and Forecasts To 2028 (US$ MN)
Figure 15. North America Ligation Clips, Dilators, and Speculas Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. North America Cutter and Shears Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. North America Accessories Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. North America Colorectal Procedure Market, by Surgery Type 2021 & 2028 (%)
Figure 20. North America Right Hemicolectomy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. North America Left Hemicolectomy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. North America Subtotal Colectomy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. North America Low Anterior Resection Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. North America Abdomino-Perineal Resection Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. North America Others (Including Endoscopic Surgery) Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. North America Colorectal Procedure Market, by End User 2021 & 2028 (%)
Figure 27. North America Hospital & Clinics Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. North America Surgery Centers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. North America Colorectal Procedure Market, by Indication 2021 & 2028 (%)
Figure 31. North America Colon Polyps Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. North America Crohn’s Disease Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 33. North America Colorectal Cancer Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 34. North America Colitis Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 35. North America Irritable Bowel Syndrome Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 36. North America Other Indications Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 37. North America: Colorectal Procedure Market, by Key Country – Revenue (2021) (US$ Million)
Figure 38. North America: Colorectal Procedure Market, by Country, 2021 & 2028 (%)
Figure 39. US: Colorectal Procedure market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Canada: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Mexico: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Growth Strategies in the Colorectal Procedural Market (%)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America colorectal procedure market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the North America colorectal procedure market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the colorectal procedure market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

The List of Companies – North America Colorectal Procedure Market

● B. Braun Melsungen AG
● Boston Scientific Corporation
● Cardinal Health Inc.
● Colospan Ltd
● CooperSurgical, Inc.
● Ethicon (Johnson & Johnson Services, Inc.)
● Medtronic
● Olympus Corporation
● SAFEHEAL

At 12.7% CAGR, the North America Colorectal Procedure market is speculated to be worth US$ 12,946.28 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America colorectal procedure market was valued at US$ 6,311.66 million in 2022 and is expected to reach US$ 12,946.28 million by 2028, registering an annual growth rate of 12.7% from 2022 to 2028. Increasing prevalence of colorectal cancer and new product launches are the critical factors attributed to the market expansion.

The market for colorectal procedures is ascribed to frequent diagnostic tests and medical device launches. Most of the major market players are involved in manufacturing a wide range of devices that help in reducing the burden of colorectal cancer and other associated indications such as colon polyps, Crohn’s disease, colitis, irritable bowel syndrome, and others. For instance, in April 2020, Olympus Corporation announced the launch of EVIS X1, which is the most advanced endoscopy. This system helps to improve the results from disorders of the stomach, colon, esophagus, and bronchial diseases. The system has various features such as extended depth of field (EDOF), red dichromatic imaging (RDI), texture and color enhancement imaging (TXI), and narrow-band imaging (NBI). The launch of EVIS X1 strengthened Olympus leadership in endoscopy and in the medical device industry.

In July 2022, US Digestive Health (USDH), a network of top-rated gastrointestinal (GI) practices, announced the commercialization of AI-assisted colonoscopy screenings with the country’s largest installation of GI Genious Intelligent endoscopy modules. In real-time, it will help physicians identify hard-to-detect and potentially cancerous polyps. The launch of the device will give patients throughout southeastern, southwestern, and central Pennsylvania wide-ranging access to the innovative and its enhanced capability. Moreover, in September 2020, Olympus Corporation announced the launch of ENDO-AID, a cutting-edge platform powered by artificial intelligence (AI) and includes the endoscopy application ENDO-AID CADe (computer-aided detection) for the colon. This new AI platform enables the real-time display of automatically detected suspicious lesions and works in combination with the recently introduced EVIS X1. Thus, the constant developments and new product launches in colorectal-associated indications are driving the colorectal procedural market growth.

On the contrary, complications associated with colorectal procedure hurdles the growth of North America colorectal procedure market.

Based on product, the market is divided into endoscopes, electrosurgery devices, handheld devices and visual systems, sealing and stapling devices, ligation clips and dilators & speculas, cutters and shears, accessories, and others. Endoscpoe segment held 35.2% market share in 2022, amassing US$ 2,220.24 million. It is projected to garner US$ 4,684.27 million by 2028 to expand at 13.3 CAGR during 2022–2028. In terms of surgery type, the North America colorectal procedure market is segmented into right hemicolectomy, left hemicolectomy, subtotal colectomy, low anterior resection, abdomino-perineal resection, and others (endoscopic surgery). Subtotal colectomy held 63.9% market share in 2022, amassing US$ 4,030.95 million. It is projected to garner US$ 8,329.09 million by 2028 to expand at 12.9% CAGR during 2022–2028.

The North America colorectal procedure market, based on end user, is segmented into hospitals and clinics, surgery centers, and others. Hospitals and clinics held 54.9% market share in 2022, amassing US$ 3,464.17 million. It is projected to garner US$ 7,013.65 million by 2028 to expand at 12.5% CAGR during 2022–2028.

Based on indication, the market is segmented into colon polyps, Crohn’s disease, colorectal cancer, colitis, irritable bowel syndrome, and other indications. With 39.9% share of the domain, the Irritable bowel syndrome segment dominated the market in 2022. It accrued US$ 2,517.75 million in 2022 and is estimated to generate US$ 5,266.59 million by 2028 to grow at a CAGR of 13.1% over the forecast period. Our regional analysis states that US captured 84.8% market share in 2022. It was assessed at US$ 5,350.40 million in 2022 and is likely to hit US$ 10,889.12 million by 2028, exhibiting a CAGR of 12.6% during the forecast period.

Key players dominating the North America colorectal procedure market are B. Braun Melsungen AG; Boston Scientific Corporation; Cardinal Health Inc.; Colospan Ltd; CooperSurgical, Inc.; Ethicon (Johnson & Johnson Services, Inc.); Medtronic; Olympus Corporation; and SAFEHEAL among others.

Below are listed few key developments by market players:

In year 2022, Ethicon announced the results of a new real-world study that shows its Echelon Circular Powered Stapler was associated with a 74% reduction in anastomotic leak rates and a 44% reduction in 30-day inpatient hospital readmission rates after colorectal surgery with a manual circular stapler. In year 2022, Medtronic announced final findings from a randomized, international, multi-center center that confirmed the effectiveness of the GI Genius intelligent endoscopy module, which uses AI as an aid in detecting colorectal polyps during colonoscopy, potentially helping to prevent colorectal cancer.