Press release
Rising Gastrointestinal Illnesses Fuel Growth In Endoscopic Ultrasound Market Driver: Leading Transformation in the Endoscopic Ultrasound Market in 2025
Endoscopic Ultrasound
The growing prevalence of gastrointestinal diseases is expected to fuel the growth of the endoscopic ultrasound market. Gastrointestinal diseases, including conditions affecting the stomach, intestines, liver, and pancreas, are on the rise due to changes in diet, infections, and lifestyle factors. Endoscopic ultrasound is vital for diagnosing and treating these diseases by enhancing visualization during procedures, thus improving outcomes. For instance, the UK Health Security Agency reported in September 2024 that around 270,000 people in the UK had hepatitis B in 2022, a condition linked to gastrointestinal diseases. As the prevalence of gastrointestinal illnesses rises, so does the demand for endoscopic ultrasound.
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What is the future CAGR of the endoscopic ultrasound market, and how will it impact industry expansion?
The endoscopic ultrasound market has experienced solid growth in recent years. It is projected to rise from $1.37 billion in 2024 to $1.49 billion in 2025, at a CAGR of 8.4%. Factors contributing to this growth include advancements in cancer research and treatment, rising healthcare expenditure, an increasing number of endoscopic procedures, a preference for early diagnosis, and more outpatient diagnostic centers.
The endoscopic ultrasound market is expected to grow significantly, reaching $2.02 billion by 2029 at a CAGR of 8.0%. Growth drivers include the rising incidence of gastrointestinal disorders, increased demand for minimally invasive procedures, an aging population, healthcare facility expansions, and growing awareness and adoption of EUS. Key trends include imaging technology innovations, portable device development, and integration with digital health systems.
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What are the most significant trends transforming the endoscopic ultrasound market today?
Companies in the endoscopic ultrasound market are advancing diagnostic ultrasound systems to improve image quality and diagnostic precision. In February 2024, Fujifilm India introduced the ALOKA ARIETTA 850 endoscopic ultrasound system in India. This device enhances diagnostic capabilities for gastrointestinal diseases, with features like high-quality imaging and minimally invasive procedures, including fine needle aspiration and biopsy.
Which key market segments comprise the endoscopic ultrasound market and drive its revenue growth?
The endoscopic ultrasound market covered in this report is segmented -
1) By Product: Endoscope, Ultrasound Probe, Needle, Accessories, Ultrasonic Processors, Other Products
2) By Application: Gastrointestinal Cancer, Lung Cancer, Pancreaticobiliary Disease, Other Applications
3) By End-Use: Hospitals, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Endoscope: Radial Scanning Endoscopes, Linear Scanning Endoscopes
2) By Ultrasound Probe: High-Frequency Probes, Low-Frequency Probes
3) By Needle: Fine Needle Aspiration (FNA) Needles, Core Biopsy Needles
4) By Accessories: Biopsy Forceps, Injection Needles, Surgical Instruments
5) By Ultrasonic Processors: Portable Ultrasonic Processors, Stationary Ultrasonic Processors
6) By Other Products: Image Processing Systems, Cleaning And Sterilization Equipment
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What regions are leading the charge in the endoscopic ultrasound market?
North America was the largest region in the endoscopic ultrasound market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the endoscopic ultrasound market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the endoscopic ultrasound market?
Major companies operating in the endoscopic ultrasound market are Fujifilm, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Olympus Corporation, Smith & Nephew plc, HOYA Corporation, STERIS Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Cook Medical LLC, KARL STORZ SE & Co. KG, CONMED Corporation, Asahi Intecc Co. Ltd., Max Healthcare Institute Limited, Hitachi Medical Systems America, Esaote S.p.A., SonoScape Medical Corp., Canon Medical Systems Corporation, NDS Surgical Imaging LLC, Medi-Globe Corporation, Endo Tech LLC
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What Is Covered In The Endoscopic Ultrasound Global Market Report?
•Market Size Forecast: Examine the endoscopic ultrasound market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the endoscopic ultrasound market for a structured understanding.
•Key Players Overview: Analyze major players in the endoscopic ultrasound market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the endoscopic ultrasound market.
•Segment Contributions: Evaluate how different segments drive overall growth in the endoscopic ultrasound market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the endoscopic ultrasound market.
•Industry Challenges: Identify potential risks and obstacles affecting the endoscopic ultrasound market.
•Competitive Landscape: Review strategic developments in the endoscopic ultrasound market, including expansions, agreements, and new product launches.
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