Commercial Insulation Market, By Type (Wraps/sheets, Coatings and Adhesives & Sealants), By Application (Institutional, Hospitals, Office Buildings, Airports and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI58019 | Publish Date: May 2024 | No. of Pages: 168

Global Commercial Insulation Market Market Size

Commercial insulation market grew at a compound annual growth rate of 9%, from US$ 17.9 billion in 2020 to US$ 38.7 billion by 2029.

Colonoscopy devices are medical surgical instruments that see and inspect the colon and rectum using a medical camera. They work by inserting a flexible tube via the anus. These instruments are vital for diagnosing and treating disorders of the gastrointestinal system as well as for treating colorectal disorders. During colonoscopy procedures, reusable scopes are utilized. These are flexible, fiber-optic devices that are put into the anus and then pass into the colon.

The market for colonoscopy instruments is being driven by advancements in technology, the rising prevalence of colorectal cancer, and customer demand for less invasive treatments. According to a 2023 American Cancer Society report, 153,020 people received a diagnosis of colorectal cancer; of them, 52,550 people lost their lives to the disease, with 19,550 diagnoses and 3750 deaths among those under the age of 50. Although the exact etiology of colorectal cancer is unknown, a number of inherited and environmental factors may increase one's risk of developing the disease. In addition, the market is anticipated to expand as a result of the impending launch of novel, promising pharmaceutical candidates, the growth of front-line medications, and encouraging government initiatives.

However, there are risks connected to the medical procedure that cannot be ignored. One of the main factors that will prevent the global market for colonoscopy equipment from growing is these risks. Furthermore, the advent