https://www.fortunebusinessinsights.com/industry-reports/endoscopy-ultrasound-market-100558
https://www.fortunebusinessinsights.com/industry-reports/endoscopy-ultrasound-market-100558
https://www.fortunebusinessinsights.com/industry-reports/endoscopy-ultrasound-market-100558
The global endoscopic ultrasound market was valued at USD 830.6 million in 2018 and is
anticipated to reach USD 2,023.6 million by 2032, reflecting a compound annual growth rate
(CAGR) of 6.6% over the forecast period from 2018 to 2032. In 2018, North America held the
largest market share, accounting for 35.75% of the global market.
The endoscopic ultrasound market is witnessing significant growth, driven by the increasing
prevalence of gastrointestinal, pancreatic, and lung disorders, along with the rising demand for
minimally invasive diagnostic procedures. Endoscopic ultrasound (EUS) combines endoscopy
and ultrasound technologies to obtain high-resolution images and tissue samples from within
the body, enabling early detection and accurate staging of various cancers. Technological
advancements, including enhanced imaging capabilities and the integration of fine-needle
aspiration, have expanded the clinical applications of EUS. Additionally, growing awareness
about early diagnosis, coupled with improvements in healthcare infrastructure, especially in
emerging economies, is expected to further propel the growth of the endoscopic ultrasound
market in the coming years.
Continue reading for more details:
https://www.fortunebusinessinsights.com/industry-reports/endoscopy-ultrasound-market-
100558
Market Segmentation
• The endoscopic ultrasound market is segmented by product into endoscopes, ultrasound
probes, processors, needles, and accessories.
• By application, the market includes oncology, gastroenterology, pulmonology, and others,
with oncology holding a significant share.
• Based on end user, the endoscopic ultrasound market is divided into hospitals, specialty
clinics, and ambulatory surgical centers.
• The market is also categorized by procedure type, including upper endoscopy, lower
endoscopy, and combined procedures.
List of Key Companies Covered:
• Olympus Corporation
• PENTAX Medical
• FUJIFILM Holdings Corporation
• Cook Medical
• Boston Scientific Corporation
• Medtronic
• Medi-Globe GmbH
• CONMED Corporation
Market Growth
• The endoscopic ultrasound market is experiencing robust growth due to the rising
prevalence of gastrointestinal disorders and increased demand for minimally invasive
diagnostic procedures.
• Technological advancements in imaging quality and integration with fine-needle aspiration
systems are further propelling the endoscopic ultrasound market.
• Growing awareness about early cancer detection is driving adoption of endoscopic
ultrasound across healthcare facilities.
• The increasing use of endoscopic ultrasound in both diagnostic and therapeutic procedures
supports consistent growth in the endoscopic ultrasound market.
Restraining Factors
• High costs associated with endoscopic ultrasound equipment and procedures can limit
adoption, especially in resource-limited settings.
• Lack of skilled professionals to perform and interpret endoscopic ultrasound procedures
is a major challenge for the endoscopic ultrasound market.
• Reimbursement limitations and regulatory hurdles may impact market expansion in
certain regions.
• Limited access to advanced healthcare technologies in underdeveloped areas restrains
the growth of the endoscopic ultrasound market.
Regional Analysis
• North America dominates the endoscopic ultrasound market due to advanced healthcare
infrastructure, high procedure volumes, and strong adoption of new technologies.
• Europe follows closely, supported by favorable reimbursement policies and growing
awareness of early cancer diagnostics.
• The Asia-Pacific region is emerging as a high-growth area in the endoscopic ultrasound
market, driven by increasing investments in healthcare and rising disease burden.
• Latin America and the Middle East & Africa are gradually expanding in the endoscopic
ultrasound market due to improving healthcare access and growing demand for diagnostic
services.
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