Report Ocean recently released a research report on the Endoscopic Ultrasound (EUS) Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global endoscopic ultrasound (EUS) market revenue was around US$ 1.5 billion in 2021 and is estimated to reach US$ 2.6 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2031.
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Endoscopic ultrasound (EUS) is a minimally invasive procedure that is used to identify diseases of the gastrointestinal tract and its surrounding organs and tissues. Endoscopic ultrasonography is a technique that involves the use of an endoscope, a small, flexible tube placed into the digestive tract, and an ultrasound machine.
Factors Influencing Market Growth
Rise in the incidences of gastrointestinal problems, chronic diseases, and surgical procedures are becoming more common. Thus, these factors are anticipated to boost the market growth.
Rising consumer demand for cutting-edge diagnostic tools and increasing healthcare costs of persons contribute to driving the market.
Increased government attempts to provide better healthcare facilities are expected to propel market growth.
Rise in ambulatory surgical clinics, medical tourism, and private hospital sectors fuel the market growth.
Study of the COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on the market. Due to the lockdown enacted by the government, several companies and manufacturers were halted. It is challenging for the pharmaceutical business to concentrate on R&D efforts, such as endoscopic ultrasound (EUS) research due to the crisis. The whole healthcare sector has concentrated on developing life-saving and COVID-19-related products throughout the pandemic.
Regional Insights
North America dominated the market growth. This is due to an increase in the prevalence of chronic diseases, a well-developed healthcare infrastructure, and the presence of important players.
However, Asia-Pacific is predicted to experience significant growth due to the rise in the prevalence of digestive disorders, improvements in the healthcare system, and the region’s large population base.
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Leading Competitors
The leading competitors in the global endoscopic ultrasound market are:
Olympus Medical
Limaca Medical
Boston Scientific Corporation
Smith & Nephew plc
CONMED Corporation
Medtronic Inc
Stryker Corporation
Sonoscape Medical Corp
cook medical
PENTAX Medical
Others
Segmentation Analysis
The global endoscopic ultrasound market segmentation focuses on Product, Application, End User, and Region.
Segmentation based on Product
Endoscopes
? Radial endoscope
? Linear endoscope
Ultrasound probes
Ultrasonic processors
Imaging system
Needles
Accessories
Segmentation based on Application
Oncology
Pancreatic conditions
Others
Segmentation based on End User
Hospitals
Ambulatory surgery centers and Clinics
Others
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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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Table of Content
Chapter 1: Global Endoscopic Ultrasound (EUS) Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Endoscopic Ultrasound (EUS) market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Endoscopic Ultrasound (EUS) Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Endoscopic Ultrasound (EUS) market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Endoscopic Ultrasound (EUS) market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Endoscopic Ultrasound (EUS) market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Endoscopic Ultrasound (EUS) market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Endoscopic Ultrasound (EUS) business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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