According to the report, global demand for endoscopic ultrasound needles market was valued at approximately USD 302.7 million in 2018, and is expected to generate revenue of around USD 423.0 million by end of 2025, growing at a CAGR of around 4.9% between 2019 and 2025.
Growth of the global market for endoscopic ultrasound needles is predicted to be boosted by technical enhancements and rising employment of endoscopic single-use ultrasound needles in the years to come. The Asia Pacific endoscopic ultrasound needles market is predicted to grow at a CAGR of more than 4.9% owing to high occurrence of diseases, growth in the health care industry, and elevated aim on R&D activities.
Major vendors active in the global market are ACE Medical Devices Pvt. Ltd., Olympus Corporation, Cook Medical, Medtronic, Medi-globe, CONMED Corporation, and Boston Scientific Corporation.
Increase In Elderly Population And Rising Cases Of Diseases That Need Endoscopic Ultrasound Operations To Power The Expansion Of Global Endoscopic Ultrasound Needles Market
The worldwide population is aging swiftly, particularly in some developed nations such as most of Western Europe, the US, and Japan. Developed nations observe high aging rates in comparison to developing nations. This is credited to enhanced reimbursement policies, health care sector, and development in health care hubs in these nations. In addition to this, simple access to different treatment and diagnostic services has enhanced in the late years, particularly in developed nation. This has elevated the life span of the population.
Rising Occurrence Of Gastrointestinal Related Cancers In Asia Pacific To Power The Growth Of Endoscopic Ultrasound Needles Market
Regionally, North America is predicted to have a huge share of the global endoscopic ultrasound needles market in the years to come due to high health care spending and high acceptance of EUS needles in the area. Europe is expected to add up for a noteworthy share between 2019 and 2025 of the global market. Rise in the occurrence of chronic hepatobiliary diseases and cancer in Europe is expected to power the market in the area in the years to come. The Asia Pacific market is expected to grow at a quick speed in the years to come owing to rising health care spending in the area. The Latin America endoscopic ultrasound needles market is at a crucial point now.
This review is based on a report by Zion Market Research, titled “Endoscopic Ultrasound Needles Market by Application (Enteral EUS Needles, Bronchial EUS Needles), by Product (Biopsy Needles (EUS-FNB), Aspiration Needles (EUS-FNA)), by End-user (Ambulatory Surgical Centers, Hospitals, and Specialty Clinics) – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025”
Get Sample of this Research Report – https://www.zionmarketresearch.com/sample/endoscopic-ultrasound-needles-industry
The global endoscopic ultrasound needles market is segmented as follows:
- Aspiration Needles (EUS-FNA)
- Biopsy Needles (EUS-FNB)
- Bronchial EUS Needles
- Enteral EUS Needles
- Ambulatory Surgical Centers
- Specialty Clinics
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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