In 2016, the global market for endoscopic ultrasound needles was valued at US$ 139.2 Mn and is expected to expand at a CAGR of 4.4% from 2017 to 2025
Albany, NY -- (SBWIRE) -- 06/22/2018 -- To Understand the Endoscopic Ultrasound Needles Market Industry Status worldwide, MRRSE) has included the latest Forecast report titled "Global Endoscopic Ultrasound Needles Market Growth Overview and Predictions on Size, Share and Trend Through 2025", to its vast database. This study offers data about the prime regions operating in the Endoscopic Ultrasound Needles Market, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2025.
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This report on the endoscopic ultrasound needles market analyzes the current and future scenario of the global market. Rise in geriatric population, high prevalence of gastrointestinal tract-related cancers, and growing patient preference for minimally invasive surgeries are major drivers for the global endoscopic ultrasound needles market.
The report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to segments based on product, application, end-user, and geography. A detailed qualitative analysis of drivers and restraints for the market and opportunities has been provided in the market overview section. In addition, the section comprises competition matrix and company profiles along with business overview to understand the competition landscape of the market. This section of the report also provides market attractiveness analysis, by geography, and market share analysis, by key players, thereby presenting a thorough analysis of the overall competition scenario in the global endoscopic ultrasound needles market.
Global Endoscopic Ultrasound Needles Market: Key Segments
The global endoscopic ultrasound needles market can be segmented based on product, application, end-user, and geography. In terms of product, the market can be divided into aspiration needles (EUS-FNA) and biopsy needles (EUS-FNB). The aspiration needles segment is likely to account for a leading share of the global EUS needles market during the forecast period, owing to wide usage of these needles in the fields of pulmonology and gastroenterology. Based on application, the endoscopic ultrasound needles market can be segmented into bronchial EUS needles and enteral EUS needles. Increasing adoption of EUS needles in gastroenterology is likely to fuel the enteral EUS needles segment in the next few years. Based on end-user, the market can be segmented into hospitals, ambulatory surgical centers, and specialty clinics. The market size and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the period from 2017 to 2025, considering 2016 as the base year.
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Geographically, the global endoscopic ultrasound needles market has been categorized into five major regions and key countries in the respective region: North America (the U.S., Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Australia & New Zealand, and Rest of Asia Pacific), Japan, Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa). The market size and forecast for each of these regions and countries therein have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year. The research study also covers the competition scenario in these regions.
Companies mentioned in Report
The report also profiles major players operating in the global endoscopic ultrasound needles market in terms of various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players operating in the global endoscopic ultrasound needles market are Olympus Corporation, Medtronic, Cook Medical, CONMED Corporation, Medi-globe, ACE Medical Devices Pvt. Ltd., Boston Scientific Corporation, and ACE Medical Devices Pvt. Ltd.
The global endoscopic ultrasound needles market has been segmented as given below:
Global Endoscopic Ultrasound Needles Market, by Product, 2015–2025
Aspiration needles (EUS-FNA)
Biopsy needles (EUS-FNB)
Global Endoscopic Ultrasound Needles Market, by Application, 2015–2025
Global Endoscopic Ultrasound Needles Market, by End-user, 2015–2025
Ambulatory surgical centers
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The EUS procedure is performed for diagnostic and therapeutic purposes. Selection of the EUS endoscope depends on the application and the organ. EUS-guided needles are used for collection of specimens from organs such as the pancreas, the liver, and the lymph nodes for cytological and histological studies.
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