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Endoscopic Ultrasound Market [2028]: Key Trends, with Size, Share, and Growth Analysis - TechSci Research

02-05-2024 10:09 AM CET | Health & Medicine

Press release from: TechSci Research Pvt Ltd

Endoscopic Ultrasound Market [2028]: Key Trends, with Size,

According to TechSci Research report, "Global Endoscopic Ultrasound Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028", Global Endoscopic Ultrasound Market has valued at USD 1.25 billion in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 6.10% through 2028. This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market. The rise in the aging population is a significant driver of the demand for endoscopic ultrasound (EUS). As individuals age, they become more susceptible to various age-related diseases and conditions, such as gastrointestinal cancers, pancreatic diseases, and lung conditions.

These conditions often necessitate diagnostic procedures like EUS for accurate assessment, diagnosis, and staging. Many of the diseases and conditions for which EUS is commonly used, including pancreatic cancer, lung cancer, and gastrointestinal malignancies, become more prevalent with age. The aging population experiences a higher incidence of these diseases, driving the demand for EUS procedures. Older individuals often have more complex health needs, requiring precise and minimally invasive diagnostic and therapeutic options. EUS is an invaluable tool for healthcare professionals to provide comprehensive assessments and tailored treatment plans for elderly patients. Given that older adults may have other underlying health conditions, EUS helps in assessing the stage of a disease, which is essential for evaluating the risk and benefits of various treatment options. This tailored approach is especially important for older patients.

Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on " Global Endoscopic Ultrasound Market." -

In February 2023, FUJIFILM India, a leader in healthcare imaging and information systems, has expanded its range of endoscopy solutions by introducing the PB2020-M2, a compact ultrasonic probe system. This innovative PB2020-M2 probe is specifically designed to streamline examinations, offering real-time ultrasound imaging of peripheral lung lesions. This user-friendly, small, and lightweight system delivers high-resolution ultrasound images and features an outer diameter of 1.4-1.9, allowing it to easily navigate through a 2mm working channel bronchoscope. Additionally, FUJIFILM India's Endoscopy Division has presented the slimline Video Bronchoscope EB-710P, a slender endoscope equipped with an exceptionally compact CMOS sensor. Its tip, measuring only 4.1 mm in diameter, facilitates easier access to the periphery of the lung compared to conventional systems.

Patient acceptance and awareness are challenges in the global Endoscopic Ultrasound (EUS) market. EUS procedures, though minimally invasive compared to traditional surgical methods, may still be perceived as invasive by some patients. Fear of discomfort or pain during the procedure can deter patient acceptance. Many patients are not familiar with EUS and its potential benefits. Limited awareness can result in a lack of patient interest in seeking EUS as a diagnostic or therapeutic option. Patients may experience anxiety or apprehension about undergoing an EUS procedure, especially if they have not received adequate information or if they have concerns about the process. Medical terminology and the technical aspects of EUS can be challenging for patients to understand. Healthcare providers must effectively communicate the procedure, its purpose, and its benefits in clear and understandable language. Both patients and referring physicians may require education about the value of EUS in diagnosing and treating various medical conditions. Knowledge gaps can affect patient acceptance. Patients often prioritize comfort and a positive experience when undergoing medical procedures. Healthcare providers need to ensure that the EUS procedure is well-tolerated and as comfortable as possible for patients.

Global Endoscopic Ultrasound Market is segmented based on Product, Application, End-use, and by region.

Based on the Product, Global Endoscopic Ultrasound Market is segmented into Needle, Endoscope, Ultrasound Probe, Accessories, Ultrasonic Processors. Ultrasonic processors, also known as ultrasound processors or ultrasound systems, are integral components of Endoscopic Ultrasound (EUS) procedures. These processors play a crucial role in generating and interpreting ultrasound images during EUS. An ultrasonic processor consists of a specialized transducer, often located at the tip of the endoscope used in EUS. This transducer emits high-frequency sound waves (ultrasound waves) into the body. The ultrasound waves generated by the transducer travel into the body through the surrounding tissues, organs, and structures. These waves are inaudible to the human ear due to their high frequency. Many modern ultrasonic processors offer multidimensional imaging, including two-dimensional (2D) images and three-dimensional (3D) or four-dimensional (4D) images. 3D and 4D imaging provides volumetric data that can be useful for detailed anatomical assessments and surgical planning.

Based on Region, North America held the largest share in the Global Endoscopic Ultrasound Market. The healthcare reimbursement systems in North America, especially in the United States, have historically provided relatively favorable coverage for EUS procedures. This has encouraged healthcare providers to offer EUS as a diagnostic and therapeutic option. Many leading medical device manufacturers and healthcare institutions engaged in EUS research and development are headquartered in North America. This contributes to the innovation and development of EUS technologies and practices in the region. Patients in North America often have high levels of awareness about healthcare options, and they may request EUS procedures, when necessary, further driving demand. Competition among medical device manufacturers and healthcare providers in North America has led to the development of improved and more accessible EUS technologies and services.

Some of the major companies operating in the Global Endoscopic Ultrasound Market include:

CONMED Corporation
Becton & Dickinson Co.
Arthrex, Inc
Integra LifeSciences
Stryker Corporation
Institute Straumann AG
Organogenesis Inc.

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"Certain areas, particularly in North America, are projected to exert significant demand for Endoscopic Ultrasound. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the Global Endoscopic Ultrasound Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Endoscopic Ultrasound Market by Product (Needle, Endoscope, Ultrasound Probe, Accessories, Ultrasonic Processors), By Application (Gastrointestinal Cancer, Lung Cancer, Pancreaticobiliary Disease, others), By End-use (Hospitals & Clinics, Ambulatory Surgical Centers, others), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of Global Endoscopic Ultrasound Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Endoscopic Ultrasound Market.

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Table Of Content:

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Endoscopic Ultrasound Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product (Needle, Endoscope, Ultrasound Probe, Accessories, Ultrasonic Processors)

5.2.2. By Application (Gastrointestinal Cancer, Lung Cancer, Pancreaticobiliary Disease, others)

5.2.3. By End-use (Hospitals & Clinics, Ambulatory Surgical Centers, others)

5.2.4. By Region

5.2.5. By Company (2022)

5.3. Market Map

6. Asia Pacific Endoscopic Ultrasound Market Outlook


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TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

TechSci Research's core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends. Not bound by legacy, TechSci's cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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