Colon polyps, small clump of cells on the lining of the colon, can lead to colorectal cancer (CRC), one of the leading types of cancer globally. Hence, early detection of these polyps automatically is crucial in the prevention of CRC. The deep learning models proposed for the detection and segmentation of colorectal polyps are resource-consuming. This paper proposes a lightweight deep learning model for colorectal polyp segmentation that achieved state-of-the-art accuracy while significantly reducing the model size and complexity. The proposed deep learning autoencoder model employs a set of state-of-the-art architectural blocks and optimization objective functions to achieve the desired efficiency. The model is trained and tested on five publicly available colorectal polyp segmentation datasets (CVC-ClinicDB, CVC-ColonDB, EndoScene, Kvasir, and ETIS). We also performed ablation testing on the model to test various aspects of the autoencoder architecture. We performed the model evaluation by using most of the common image-segmentation metrics. The backbone model achieved a DICE score of 0.935 on the Kvasir dataset and 0.945 on the CVC-ClinicDB dataset, improving the accuracy by 4.12% and 5.12%, respectively, over the current state-of-the-art network, while using 88 times fewer parameters, 40 times less storage space, and being computationally 17 times more efficient. Our ablation study showed that the addition of ConvSkip in the autoencoder slightly improves the model\u27s performance but it was not significant (-value = 0.815)
