Global Endoscopic Ultrasound Needles Market: Increasing Prevalence of Gastrointestinal Cancers in Asia Pacific to Create Opportunities Till 2025

Endoscopic ultrasound (EUS) has gained ground as a valuable method for diagnosing pancreatic cancer and diseases of the GI tract. According to recent study findings, rise in geriatric population and increasing incidence of diseases that require endoscopic ultrasound procedures anticipated to drive the market expansion of Endoscopic Ultrasound Needles. Market Research Hub (MRH) has freshly publicized a study titled “Endoscopic Ultrasound Needles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025” to its wide archive, which provides in-depth analysis and insights on the global endoscopic ultrasound needles market landscape. The report discusses the historic and current scenario of the global market, along with the future prospects it holds for 8 year assessment period, 2017-2025.

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Forecast Highlights

According to this active research evaluations, the global market for endoscopic ultrasound is expected to expand at a CAGR of 4.5% from 2017 to 2025. The study also finds that the expansion of the global endoscopic ultrasound needles market is expected to be driven by technological advancements and increasing use of single-use endoscopic ultrasound needles in the near future.

Increasing prevalence of chronic diseases such as cancer associated with pancreas and stomach has increased the demand for diagnostic methods to detect cancer at early stages. Other imaging methods are also available. However, specimens collected by using EUS-guided needles offer cytological and histological studies of the diseased organ. Therefore, the demand for these needles is higher.

In a bid to offer readers detailed insights, the business intelligence study has segmented the endoscopic ultrasound needles market landscape on the basis of product, application, end-user and region. The detailed market segmentation can help the readers in gaining credible and unbiased insights on the particular market. The Middle East and Africa (MEA), Europe, Asia Pacific, North America, and South America are some of the prime regions emphasized in the study. The regional analysis section is a crucial segment of the report, which enlightens the reader about the market scenario and trending factors influencing the market shares for each region. It has been observed in the study that Asia Pacific is likely to expand at a high CAGR during the forecast period of 2017 to 2025.

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By product, the market can be divided into aspiration needles (EUS-FNA) and biopsy needles (EUS-FNB). Based on application, the endoscopic ultrasound needles market can be categorized into bronchial EUS needles and enteral EUS needles. Applications such as bronchial and endoscopy of other organs than gastrointestinal organs are expected to show potential for the endoscopic ultrasound needles market in the future.

Competitive Tracking

In the concluding section, to assist in proper decision-making, the report includes the profiling of top players in this market. Some of the prime players functioning across the world are Cook Medical, Medi-globe, Boston Scientific Corporation, Olympus Corporation, Medtronic, CONMED Corporation, ACE Medical Devices Pvt. Ltd. and ACE Medical Devices Pvt. Ltd.

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