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Endoscopic Ultrasound (EUS) Market Predicted to Cross USD 2.2 Billion by 2031; Owing to the Rise in the Acceptability of Endoscopic Ultrasound (EUS) by Medical Practitioners

04-18-2024 09:22 AM CET | Health & Medicine

Press release from: Allied Market Research

Endoscopic Ultrasound (EUS) Market Predicted to Cross USD 2.2

A new business intelligence report released by Allied Market Research, the global Endoscopic Ultrasound (EUS) Market size generated $1.2 billion in 2021, and is expected to reach $2.2 billion by 2031, witnessing a CAGR of 6.1% from 2022 to 2031. The report offers an in-depth analysis of changing market trends, top segments, value chain, and competitive landscape. This report provides detailed information to assist market players, stakeholders, investors, and startups in devising strategies for gaining sustainable growth and availing competitive advantage in the market.

The research provides detailed segmentation of the global endoscopic ultrasound (EUS) market based on product, application, end user, and region. The report offers a detailed analysis of segments and sub-segments to determine the highest revenue-generating and highest-growing segments for market players and investors. Market size and forecasts are provided for segments and their sub-segments in the report to outline the steps taken for achieving the sustainable growth.

In 2021, the endoscopes segment dominated the market, comprising over a quarter of the total share and is projected to maintain its lead in the foreseeable future. However, the needles segment is anticipated to exhibit the highest Compound Annual Growth Rate (CAGR) of 6.8% from 2022 to 2031. The report also assesses other segments such as ultrasound probes, ultrasonic processors, imaging systems, and accessories.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ

Regarding applications, pancreatic conditions held the largest share in 2021, accounting for over half of the global endoscopic ultrasound (EUS) market and is expected to sustain its dominance throughout the forecast period. Nonetheless, oncology is forecasted to experience the highest CAGR of 6.8% from 2022 to 2031.

Regarding end users, hospitals contributed the most to the market share in 2021, holding nearly three-fifths of the total, and are projected to remain dominant in revenue by 2031. On the other hand, ambulatory surgery centers and clinics are expected to register the highest CAGR of 6.3% during the forecast period.

Regionally, North America led the market in 2021, representing over a third of the global endoscopic ultrasound market and is predicted to maintain its dominance until 2031. However, Asia-Pacific is forecasted to witness the fastest CAGR of 7.1% during the forecast period. The research also examines Europe and LAMEA regions.

๐Š๐ž๐ฒ ๐Ÿ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฌ๐ญ๐ฎ๐๐ฒ
On the basis of products, the endoscopes segment was the highest contributor to the market in 2021.
Based on application, the pancreatic conditions segment was the highest contributor to the market in 2021.
Depending on the end user, the hospital segment was the highest contributor to the market in 2021.
Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

๐’๐ฉ๐ž๐š๐ค ๐ญ๐จ ๐Ž๐ฎ๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ-

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ
This report provides a quantitative Endoscopic Ultrasound Market Analysis of the market segments, current trends, estimations, and dynamics of the endoscopic ultrasound EUS Market analysis from 2021 to 2031 to identify the prevailing Endoscopic Ultrasound Market Opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the endoscopic ultrasound (eus) market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global endoscopic ultrasound (eus) market trends, key players, market segments, application areas, and market growth strategies.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž-

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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