Endoscopy Ultrasound Market (Product - Endoscopes, Imaging Systems, Needles and accessories; Application - Gastrointestinal (GI) Endoscopy, Obstetrics/Gynecology Endoscopy, Laparoscopy, Bronchoscopy, Oncology, Gastrointestinal Tract, Pancreatic, Mediastinoscopy, Colonoscopy, and Others; End User - Hospitals, Ambulatory Surgery Centers, and Diagnostic Centers): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024. The reports the global endoscopy ultrasound market is projected to grow at a CAGR of 6% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 04/11/2019 -- The latest report has been added to the wide database of Endoscopy Ultrasound Market by Infinium Global Research. This report studies the Endoscopy Ultrasound Market by product (endoscopes, imaging systems, needles and accessories), application (gastrointestinal (GI) endoscopy, laparoscopy, bronchoscopy, oncology), end user (hospitals, ambulatory surgery centers, diagnostic centers) market status and outlook of global and major regions, from manufacturers, Industry Analysis, Trends, Size, Share, Forecasts to 2024 and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Endoscopy Ultrasound Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Endoscopy Ultrasound Market. The global endoscopy ultrasound market is projected to grow at a CAGR of 6% over the forecast period of 2018-2024.
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Rapidly growing adoption of endoscopy ultrasound in the diagnosis and treatment of gastrointestinal (GI) diseases drives the growth of the global endoscopy ultrasound market. Endoscopy ultrasound plays a vital role in the evaluation of various gastrointestinal (GI) tract disorders particularly cancer of the esophagus, pancreas, stomach, and lung. They are providing detailed images of your digestive tract with high accuracy in diagnosis and treatment of gastrointestinal (GI) diseases as compared to the general endoscopy procedures. The growing prevalence of Gastro-Intestinal (GI) cancer is likely to boost the growth of endoscope ultrasound market in upcoming years.
On the basis of products, the global endoscopy ultrasound market is segmented as endoscopes, imaging systems, needles, and accessories.
Flexible endoscopes, rigid endoscopes, and capsule endoscopes are the three types of endoscopes are used in the Endoscopy Ultrasound procedure. Among these types, Flexible Endoscopes are the majorly used in minimally intensive surgeries. They provide safety and high accuracy in the diagnosis that is anticipated to escalate market growth.
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Global endoscopy ultrasound market by application is segmented as gastrointestinal (GI) endoscopy, obstetrics/gynecology endoscopy, laparoscopy, bronchoscopy, oncology, gastrointestinal tract, pancreatic, mediastinoscopy, colonoscopy, and others. The endoscopy ultrasound primarily used in the gastrointestinal (GI) disease treatment and diagnosis. Additionally, ongoing technological advancements in endoscopy technologies are expected to create various opportunities in this market over the forecast period. Furthermore, the growing demand for endoscopy ultrasound from the gynecology applications is fueling the growth of endoscopy ultrasound market.
By End User
Global endoscopy ultrasound market is segmented on the basis of the product as Hospitals, Ambulatory Surgery Centers, and Diagnostic Centers. Rising awareness about the accuracy of endoscopy ultrasound drives its demand in the Hospitals and Diagnostic Centers.
By Region, the endoscopy ultrasound market is bifurcated into North America, Europe, Asia-Pacific, and RoW. Among this region, North America holds the maximum shares in this market and expected to be the dominating region through the forecast period. The growing prevalence of stomach cancer drives the growth of endoscopy ultrasound market in North America. In addition, The National Cancer Institute estimated 26,240 New Cases in 2018. Various factors such as technological advancements, endoscopy ultrasound, and availability of new and innovative product are contributing to the North America Endoscopy Ultrasound Market.
The Asia Pacific is the fastest growing region in the endoscopy ultrasound market owing to the growing the occurrence of gastrointestinal cancers and high adopted endoscopy ultrasound techniques as a diagnostic and therapeutic tool in cancer.
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The key companies in the global endoscopy ultrasound market include Olympus, CONMED Corporation, Boston Scientific Corporation, PENTAX Medical, Karl Storz, Fujifilm, Medtronic, Ethicon, Stryker, and Hoya.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Endoscopy Ultrasound.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.