The global demand for Endoscopic Ultrasound Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Endoscopic Ultrasound is a minimally invasive procedure used for the examination and assessment of gastrointestinal and lung diseases. Also, known as echo-endoscopy, it helps to visualize the walls of internal organs in the chest, abdomen and the colon. In this medical imaging method, a thin tube is inserted into the mouth, stomach and first part of the small intestine, a small ultrasound probe (emits sound waves) is connected to the tip of the tube. These sound waves bounce-off of the surrounding organs and these waves are then recaptured by the probe and converted into monochromatic images that are then analyzed by the doctor. Typically, the procedure takes 20 -25 mins and is performed in an outpatient setting.
Market Dynamics
The applications of endoscopic ultrasound equipment are expanding gradually owing to its extensive engagement in the assessments and treatment of gastrointestinal diseases and oncology. The surging prevalence of gastric cancer is stimulating the penetration of endoscopic ultrasound equipment in the global market. However, there exists a dearth of skilled professionals and training programs in developing nations, this is likely to constrain the growth of the endoscopic ultrasound market. Also, this procedure spares the patient from invasive, risky and expensive sampling procedures, thereby boosting its adoption percentage.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of endoscopic ultrasound.
Market Segmentation
The entire endoscopic ultrasound market has been sub-categorized into product, technology, procedure, application, end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- Endoscopes
- Ultrasound Probe
- Ultrasonic Processor
- Imaging Systems
- Needles
- Accessories
By Technology
- Radial Scanning
- Linear Scanning
By Procedure
- Upper Endoscopic Ultrasound (EUS)
- Lower EUS
- EUS Guided Fine-needle Aspiration
- Other
By Application
- Oncology
- Pancreatic conditions
- Other
By End-User
- Hospital
- Ambulatory Surgical Centers
- Specialty Clinics
- Diagnostic Centers
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for endoscopic ultrasound market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Endoscopic Ultrasound Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the endoscopic ultrasound market include B. Braun, Boston Scientific Corporation, Conmed Corporation, Cook Medical, Ethicon, Fujifilm Corporation, Medi-Globe Corporation, Medtronic, Olympus Corporation, Pentax Medical, Smith & Nephew, Stryker. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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