Endoscopic Ultrasound Market Anticipated To Witness Robust Growth, Surpassing $2.02 Billion By 2029

The Endoscopic Ultrasound Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Endoscopic Ultrasound Market Size and Its Estimated Growth Rate?
The endoscopic ultrasound market size has grown strongly in recent years. It will grow from $1.37 billion in 2024 to $1.49 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growth in cancer research and treatment, increasing healthcare expenditure, rise in the number of endoscopic procedures, growing preference for early diagnosis, increase in outpatient diagnostic centers.

The endoscopic ultrasound market is expected to experience substantial growth, reaching $2.02 billion by 2029, with a CAGR of 8.0%. Growth factors include the increasing prevalence of gastrointestinal disorders, a rising demand for minimally invasive procedures, a growing geriatric population, expanding healthcare facilities, and greater awareness and adoption of EUS. Major trends involve innovations in imaging technology, the development of portable and user-friendly devices, advancements in endoscopic techniques, the creation of integrated imaging systems, and technological integration with digital health.

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How Are Emerging Segments Shaping the Endoscopic Ultrasound Market Landscape?
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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Which Growth Factors Are Influencing Endoscopic Ultrasound Market Expansion?
The growing prevalence of gastrointestinal diseases is expected to drive the growth of the endoscopic ultrasound market. Gastrointestinal illnesses include a range of conditions affecting the digestive system, such as the stomach, intestines, liver, and pancreas. These conditions are becoming more common due to factors like poor dietary habits, consumption of contaminated food and water, infections, and lifestyle choices such as smoking and excessive alcohol intake. Endoscopic ultrasound is vital in diagnosing and treating gastrointestinal diseases by providing enhanced visualization and precision during medical procedures, improving patient outcomes and enabling early detection. For instance, in September 2024, the UK Health Security Agency reported that in 2022, about 270,000 people in the UK were living with hepatitis B, which is 0.6% of the population, with a higher prevalence of 1.5% in London. Therefore, the growing prevalence of gastrointestinal diseases is driving the endoscopic ultrasound market.

Who Are the Dominant Players Across Different Endoscopic Ultrasound Market Segments?
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

What Trends Are Expected to Dominate the Endoscopic Ultrasound Market in the Next 5 Years?
Major corporations in the endoscopic ultrasound market are channeling their efforts towards the creation of diagnostic ultrasound devices to increase the accuracy of diagnoses, provide superior image quality, and offer less invasive treatments. These diagnostic ultrasound devices are imaging machines that utilise high-frequency sound waves to craft live visual imagery of internal organs, tissues, and the flow of blood, facilitating medical diagnosis. As an example, in February 2024, Fujifilm India, a local imaging solutions firm, launched its ALOKA ARIETTA 850 endoscopic ultrasound machine, designed to aid in the diagnosis of gastrointestinal diseases with improved precision and image definition due to contemporary lifestyles. The machine's standout features include facilitating less-invasive processes for issues like pancreatic pseudo-cyst drainage, generating high-quality imaging via 7 million digital channels, and delivering comprehensive diagnostic features such as fine needle aspiration (FNA) and biopsy procedures.

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Which Geographic Regions Are Expected to Dominate the Endoscopic Ultrasound Market in the Coming Years?
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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Endoscopic Ultrasound Market?
2. What is the CAGR expected in the Endoscopic Ultrasound Market?
3. What Are the Key Innovations Transforming the Endoscopic Ultrasound Industry?
4. Which Region Is Leading the Endoscopic Ultrasound Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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