(MENAFN- Ameliorate Digital Consultancy)
The endoscopy ultrasound market refers to the industry involved in the production, distribution, and utilization of endoscopic ultrasound (EUS) systems and related accessories. Endoscopy ultrasound combines endoscopy, which involves inserting a flexible tube with a light and camera into the body, with ultrasound technology to visualize and diagnose conditions within the gastrointestinal (GI) tract and adjacent organs. Endoscopy ultrasound procedures are commonly used in the diagnosis, staging, and treatment planning of various diseases and conditions, including cancers, gastrointestinal disorders, and pancreaticobiliary diseases. The procedure allows for high-resolution imaging of the GI tract and surrounding structures, providing detailed information to guide medical interventions.
Several factors contribute to the growth of the endoscopy ultrasound market. Firstly, the increasing prevalence of gastrointestinal cancers and digestive disorders drives the demand for endoscopy ultrasound procedures. EUS enables physicians to accurately assess tumor size, depth of invasion, and lymph node involvement, aiding in the staging and treatment planning of these conditions. Secondly, advancements in endoscopy ultrasound technology contribute to market growth. Manufacturers are developing innovative EUS systems with improved imaging capabilities, higher resolution, and enhanced maneuverability. These advancements allow for better visualization of fine structures, improved accuracy in needle-based interventions, and increased efficiency in clinical workflows.
Moreover, the rising adoption of minimally invasive procedures propels the demand for endoscopy ultrasound. EUS is a minimally invasive technique that offers advantages such as reduced patient discomfort, shorter hospital stays, and faster recovery compared to traditional surgical approaches. This drives the preference for EUS among patients and healthcare providers, leading to market growth.
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Key findings of the Endoscopy Ultrasound market study:
The report provides a present market outlook on Endoscopy Ultrasound. Additionally, the Endoscopy Ultrasound market share is anticipated to grow with a CAGR of 5.7% in the forecast period. Regional breakdown of the Endoscopy Ultrasound market based on predefined taxonomy. Innovative manufacturing processes implemented by Endoscopy Ultrasound vendors in detail. Region-wise and country-wise fragmentation of the Endoscopy Ultrasound market to grasp the revenue, and growth outlook in these areas. Changing preferences among consumers across various regions and countries. Factors (Positive and Negative) impacting the growth of the global Endoscopy Ultrasound market. Endoscopy Ultrasound price, market share, and Trends forecast for assessment period 2022-2032
What is the Growth Outlook for Endoscopy Ultrasound in the U.S?
The worldwide endoscopic ultrasound market was dominated by North America in 2021, and this dominance is expected to be true from 2022 to 2032. The number of patients identified with EUS techniques is rising as a result of increased demand for more sophisticated diagnostic techniques and a rise in the incidence of gastrointestinal cancers.
The use of EUS products is anticipated to rise as a result. More than two-fifths of the market will be accounted for by the North American region, which is anticipated to expand at a CAGR of 5.7% during the projected period. An increase in the prevalence of cutting-edge indicative oncology techniques, the availability of novel and cutting-edge products in the US, and an increase in the prevalence of stomach tumours were some of the factors.
Competitive landscape analysis
The Olympus Corporation is the industry leader. It emphasises strong organic development through the introduction of fresh, cutting-edge products.
For instance, the business declared the availability of its EZ Shot 3 Plus single-use aspiration needle for endoscopic ultrasound-fine needle aspiration (EUS-FNA) procedures in 2016. The ProSound F75 Endoscopy Ultrasound Processor and the EU-ME2 High Quality Ultrasound Processor are now being produced by it. The Vevo MD ultra-high frequency (UHF) clinical ultrasound system was introduced by FUJIFILM Corporation in 2016 after receiving FDA approval. Its additional imaging choices include the EG-530 UR Ultrasound Video Bronchoscope and the EG-530 UT Ultrasonic Processor SP-900.
Some of the leading companies operating in the market are :
Olympus Corporation PENTAX Medical (HOYA Corporation) FUJIFILM Corporation
What insights does the Endoscopy Ultrasound report provide to the readers?
Endoscopy Ultrasound fragmentation on the basis of product type, end use, and region. Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape. Collaborations, R&D projects, acquisitions, and product launches of each Endoscopy Ultrasound Various regulations imposed by the governments on the consumption of Endoscopy Ultrasound in detail.
Key Segments Covered in the Endoscopy Ultrasound Industry Report
· By Product
Endoscope Endoscopy Ultrasound Probe Endoscopy Ultrasonic Processor Endoscopy Ultrasound Imaging Systems Endoscopy Ultrasound Needles Endoscopy Ultrasound Accessories
· By Procedure
Upper Endoscopy Ultrasound Lower Endoscopy Ultrasound Endoscopy Ultrasound Guided Fine-needle Aspiration Other Endoscopy Ultrasound Procedures
· By Technology
Radial Scanning Endoscopy Ultrasound Linear Scanning Endoscopy Ultrasound
· By Application
Oncology Upper GI Oncology Lower GI Oncology Pancreatic Conditions Other Applications
· By End User
Hospitals Specialty Clinics Ambulatory Surgery Centers Diagnostic Centers
· By Region
North America Europe Asia Pacific Latin America Middle East & Africa (MEA)
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