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Endotherapy Devices Market 2023 - Industry Growth, Top Manufacturers, Size, Key Drivers, And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Endotherapy Devices Market Size, Growth Rate, And Forecast
The global endotherapy devices market size is expected to grow from $4.22 billion in 2022 to $4.48 billion in 2023 at a compound annual growth rate (CAGR) of 5.97%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global endotherapy devices market size is expected to reach $5.74 billion in 2027 at a CAGR of 6.41%.
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Endotherapy Devices Market Drivers
The rise in the incidence of gastrointestinal diseases is expected to propel the growth of the endotherapy devices market going forward. Gastrointestinal illnesses impact the digestive tract from the mouth to the anus, which includes colorectal cancer, gastroesophageal reflux disease, ulcerative colitis (UC), inflammatory bowel disease (IBD), Crohn's disease (CD), and others. Endotherapy devices are used in gastrointestinal diseases to perform non-invasive or minimally invasive surgical procedures to treat and diagnose ulcers, bleeding, celiac disease, obstructions, inflammation, and tumors in the gastrointestinal tract. Additionally, it also aids in the identification of the source of unexplained symptoms such as heartburn, abdominal pain, bleeding, nausea, vomiting, and pain.
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Endotherapy Devices Market Segments
1) By Product: Gastrointestinal Devices and Accessories, Endoscopic Retrograde Cholangio Pancreatography Devices And Accessories, Other Endotheraphy Devices
2) By Application: Bronchoscopy, Arthroscopy, Laparoscopy, Urology Endoscopy, Neuro-Endoscopy, Gastrointestinal Endoscopy, Other Applications
3) By End-Use: Hospital, Ambulatory Surgical Centers, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the endotherapy devices market.
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Endotherapy Devices Market Key Players
Major competitors in the endotherapy devices market include Olympus Corporation, Boston Scientific Corporation, Conmed Corporation, Medtronic Plc, Fujifilm Holdings Corporation, Johnson & Johnson.
The Business Research Company's "Global Endotherapy Devices Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Endotherapy Devices Market Include:
1. Executive Summary
2. Endotherapy Devices Market Characteristics
3. Endotherapy Devices Market Trends And Strategies
4. Endotherapy Devices Market - Macro Economic Scenario
5. Endotherapy Devices Market Size And Growth
....
26. Africa Endotherapy Devices Market
27. Endotherapy Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Endotherapy Devices Market
29. Endotherapy Devices Market Future Outlook and Potential Analysis
30. Appendix
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