The global demand for Endoscopic Ultrasound Needles Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2020- 2026.
Endoscopic ultrasound (EUS) is a medical procedure or minimally invasive procedure, which includes ultrasonic and visual imaging of the internal organs. Usually, an endoscope delivers imaging of the gut’s inner walls, while a EUS needle offers various organs’ ultrasound imaging preceding the gut wall. The process of EUS is conducted for both therapeutic and diagnostic purposes. EUS endoscope is particularly based on specific organs and applications.
Market Dynamics
The driving force behind the market growth is the rising geriatric population and rising prevalence of gastrointestinal cancers. Besides this, rising occurrences of various diseases, for instance, liver, lung and rising demand towards minimally invasive surgical procedures are likely to push the market growth. In addition to this, technological advancement is propelling demand. However, lack of professionals and risk of infection are the factor that can hamper the growth.
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 needles.
Market Segmentation
The entire endoscopic ultrasound needles market has been sub-categorized into product, end-user, and application. 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
- Biopsy Needles (EUS-FNB)
- Aspiration Needles (EUS-FNA)
By End-User
- Specialty Clinics
- Ambulatory Surgical Centers
- Hospitals
By Application
- Enteral Needles
- Bronchial Needles
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for endoscopic ultrasound needles 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 Needles 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 needles market include Medtronic PLC, ACE Medical Devices, Medi-Globe GmbH, CONMED Corporation, Cook Medical, Boston Scientific Corporation, and Olympus Corporation, among others. 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.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.