Global Endoscopic Ultrasound Needles Market, By Product Type (Biopsy Needles (EUS-FNB), Aspiration Needles (EUS-FNA)), Application (Enteral Needles, Bronchial Needles), End User (Ambulatory Surgical Centers, Specialty Clinics, Hospitals, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Endoscopic Ultrasound Needles
Endoscopic ultrasound needles market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 459.93 million by 2029 and will grow at a CAGR of 4.27% in the above mentioned forecast period.
Endoscopic ultrasound or EUS is a surgical procedure which is minimally invasive and consists of visual and ultrasonic imaging of the thoracic and abdominal region. Endoscopic ultrasound needles are the type of fine tip needles which are used to sample targeted gastrointestinal parts through accessory channels of the endoscope.
The increasing incidence of diseases such as the liver and hepatobiliary, pancreatic, lung and gastrointestinal cancers are amongst the important factors intensifying the growth and demand of endoscopic ultrasound needles market. In addition, the rising geriatric population and the increasing prevalence of gastrointestinal cancers are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the increasing use of biopsy and aspiration needles for diagnosing pleural effusion and lung cancers is also enhancing the growth of the market. Likewise, the growing usage to diagnose tumor and inflammatory lesions located in and nearby to gastrointestinal tract is also lifting the market growth in the above mentioned forecast period. The various leading and innovative manufacturers are focusing on growth of advanced needle biopsy technology along with the rapid technological advancements related to endoscopic ultrasound needles will further accelerate the expansion of the endoscopic ultrasound needles market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the high cost of endoscopic ultrasound needles and strict rules and regulation by various government agencies will curb the growth of the endoscopic ultrasound needles market, whereas the lack of professionals with expertise in operating with endoscopic ultrasound needles have the potential to challenge the growth of the endoscopic ultrasound needles market.
This endoscopic ultrasound needles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on endoscopic ultrasound needles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Endoscopic Ultrasound Needles Market Scope and Market Size
Endoscopic ultrasound needles market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on method of fixation, the endoscopic ultrasound needles market is segmented into biopsy needles (EUS-FNB) and aspiration needles (EUS-FNA).
- On the basis of technology, the endoscopic ultrasound needles market is segmented into enteral needles and bronchial needles.
- The end user segment of endoscopic ultrasound needles market is segmented into ambulatory surgical centers, specialty clinics, hospitals and others.
Endoscopic Ultrasound Needles Market Country Level Analysis
Endoscopic ultrasound needles market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the endoscopic ultrasound needles market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the endoscopic ultrasound needles market owing to the better healthcare infrastructure and rising number of gastrointestinal disorders in United States and Canada within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of high growth of healthcare industry, rising ageing population and increasing importance of early diagnosis of cancer within this particular region.
The country section of the endoscopic ultrasound needles market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Endoscopic ultrasound needles market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for endoscopic ultrasound needles market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the endoscopic ultrasound needles market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Endoscopic Ultrasound Needles Market Share Analysis
Endoscopic ultrasound needles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to endoscopic ultrasound needles market.
The major players covered in the endoscopic ultrasound needles market report are Boston Scientific Corporation, CONMED Corporation, ACE Medical Devices Pvt. Ltd., Cook, Medtronic, OLYMPUS CORPORATION, FUJIFILM Asia Pacific Pte. Ltd., Medline Industries, Inc., Micro-Tech Endoscopy, Medi-Globe GmbH, KPI Healthcare India pvt Ltd, MEDTECH DEVICES, CIVCO Medical Solutions, Encapson B.V., Protek Medical Products Inc., Spectra Medical Devices, Inc., Limaca-medical, Epimed, Creganna and PENTAX Medical, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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