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Driving Endoscopic Ultrasound Market Growth in 2025: The Role of Rising Gastrointestinal Illnesses Fuel Growth In Endoscopic Ultrasound Market
Endoscopic Ultrasound
Endoscopic Ultrasound Market Size Growth Forecast: What to Expect by 2025?
The market size for endoscopic ultrasound has experienced substantial growth recently. It is forecasted to expand from $1.37 billion in 2024 to $1.49 billion in 2025, entailing a compound annual growth rate (CAGR) of 8.4%. The growth witnessed in the historical period is linked to advancements in cancer research and treatment, escalation in healthcare spending, an increased number of endoscopic procedures, a growing inclination for early diagnosis, and a rise in outpatient diagnostic centers.
How Will the Endoscopic Ultrasound Market Size Evolve and Grow by 2029?
In the forthcoming years, the endoscopic ultrasound sector is predicted to experience robust growth, projecting an increase to $2.02 billion in 2029, with a cumulative annual growth rate (CAGR) of 8.0%. This positive outlook during the forecast period is linked to several factors such as the growing incidences of gastrointestinal diseases, rising demand for less intrusive procedures, an escalating older population, expansion in healthcare infrastructure, and increased awareness and adoption of EUS. During this period, the market will see innovative advancements such as enhanced imaging technology, portable and user-friendly device development, improvements in endoscopic methods, creation of cohesive imaging systems, and the technological incorporation with digital health.
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What Drivers Are Propelling the Growth of Endoscopic Ultrasound Market Forward?
The rising incidence of gastrointestinal disorders is anticipated to fuel the expansion of the endoscopic ultrasound market. Gastrointestinal diseases imply a range of health issues impacting the digestive system, such as the stomach, intestines, liver, and pancreas. The escalation in gastrointestinal ailments is due to alterations in eating habits, the intake of polluted food or water, infections instigated by harmful organisms, and lifestyle determinants such as lethargic conduct, smoking, and alcohol intake. By offering healthcare practitioners better visibility and flexibility during operations, endoscopic ultrasound aids in diagnosing and treating gastrointestinal diseases, consequently ameliorating patient outcomes and facilitating earlier detection and action. For instance, the UK Health Security Agency stated in September 2024 that about 270,000 people were living with hepatitis B in 2022, constituting 0.6% of the population; the percentage in London rose to 1.5%. As such, the mounting incidence of gastrointestinal disorders stimulates the growth of the endoscopic ultrasound market.
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Which Emerging Trends Are Transforming the Endoscopic Ultrasound Market in 2025?
Significant enterprises in the scope of the endoscopic ultrasound market are prioritizing the development of diagnostic ultrasound systems to boost diagnostic precision, enhance the quality of images, and deliver less invasive solutions. These systems, which utilize high-frequency sound waves to generate real-time visual displays of internal body structures, tissues, and blood flow, aid in the medical diagnosis process. An excellent illustration of this trend is the February 2024 launch of the ALOKA ARIETTA 850 endoscopic ultrasound machine by Fujifilm India, an imaging solution enterprise based in India. Aimed at magnifying the precision and clarity of diagnoses for gastrointestinal disorders, this cutting-edge machine is due to the rise in such ailments resulting from contemporary lifestyles. It boasts features like minimally invasive treatments for issues like pancreatic pseudo-cyst drainage, high-definition imaging via 7 million digital channels, and wide-ranging diagnostic abilities, including fine needle aspiration (FNA) and biopsy.
What Are the Key Segments in the Endoscopic Ultrasound Market?
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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Who Are the Key Players Shaping the Endoscopic Ultrasound Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth 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.
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