Global Endoscopy Ultrasound Industry 2018 Global Market Size, Technology Review, Cost Analysis and Demand Overview

Infinium Global Research has produced a new premium report Endoscopy Ultrasound Market. The report covers the analysis of global as well as regional markets of Endoscopy Ultrasound. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Endoscopy Ultrasound Market by product (endoscopes, imaging systems, needles and accessories), application (gastrointestinal (GI) endoscopy, laparoscopy, bronchoscopy, and oncology), end user (hospitals, ambulatory surgery centers, and diagnostic centers) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

The report defines the global endoscopy ultrasound market as the minimally intensive procedure used to evaluate gastrointestinal and lung diseases.  This is an endoscopic examination with ultrasound by placing a high-frequency ultrasound transducer on the end of an endoscope. In this procedure, the thin tube with a small ultrasound probe is inserted into the stomach and it obtains images of internal organs by using sound waves.  They used to obtain images and information of the digestive tract, including oesophagus, stomach, rectum, and colon, and for organs near the digestive tract, including gallbladder, pancreas, and liver.

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Rapidly growing adoption of endoscopy ultrasound in the diagnosis and treatment of gastrointestinal (GI) diseases drives the growth of the global endoscopy ultrasound market. Endoscopy ultrasound plays a vital role in the evaluation of various gastrointestinal (GI) tract disorders particularly cancer of the esophagus, pancreas, stomach, and lung.  They providing detailed images of your digestive tract with high accuracy in diagnosis and treatment of gastrointestinal (GI) diseases as compared to the general endoscopy procedures.  The growing prevalence of Gastro-Intestinal (GI) cancer is likely to boost the growth of endoscope ultrasound market in upcoming years.

Market Segmented by Products

On the basis of products, the global endoscopy ultrasound market is segmented as endoscopes, imaging systems, needles, and accessories.

Flexible endoscopes, rigid endoscopes and capsule endoscopes are the three types of endoscopes are used in the Endoscopy Ultrasound procedure. Among these types, Flexible Endoscopes are the majorly used in minimally intensive surgeries. They provide safety and high accuracy in the diagnosis that is anticipated to escalate market growth.

Market Segmented by Application

Global endoscopy ultrasound market by application is segmented as gastrointestinal (GI) endoscopy, obstetrics/gynecology endoscopy, laparoscopy, bronchoscopy, oncology, gastrointestinal tract, pancreatic, mediastinoscopy, colonoscopy, and others.  The endoscopy ultrasound primarily used in the gastrointestinal (GI) disease treatment and diagnosis. Additionally, ongoing technological advancements in endoscopy technologies are expected to create various opportunities in this market over the forecast period.  Furthermore, the growing demand for endoscopy ultrasound from the gynecology applications is fueling the growth of endoscopy ultrasound market.     

Market Segmented by End User

Global endoscopy ultrasound market is segmented on the basis of the product as Hospitals, Ambulatory Surgery Centers, and Diagnostic Centers. Rising awareness about the accuracy of endoscopy ultrasound drives its demand in the Hospitals and Diagnostic Centers.

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Regional Analysis

By Region, the endoscopy ultrasound market is bifurcated into North America, Europe, Asia-Pacific, and RoW. Among this region, North America holds the maximum shares in this market and expected to be the dominating region through the forecast period. The growing prevalence of stomach cancer drives the growth of endoscopy ultrasound market in North America. In addition, The National Cancer Institute estimated 26,240 New Cases in 2018. Various factors such as technological advancements, endoscopy ultrasound, and availability of new and innovative product are contributing in the North America Endoscopy Ultrasound Market.

The Asia Pacific is the fastest growing region in the endoscopy ultrasound market owing to the growing the occurrence of gastrointestinal cancers and high adopted endoscopy ultrasound techniques as a diagnostic and therapeutic tool in cancer.

Key Players

The key companies in the global endoscopy ultrasound market include  Olympus, CONMED Corporation, Boston Scientific Corporation, PENTAX Medical, Karl Storz, Fujifilm, Medtronic, Ethicon, Stryker, and Hoya.

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