Endoscopy Ultrasound (EUS) Market is estimated to be US$ 1907.43 million by 2030 with a CAGR of 6.8% during the forecast period

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Published Date: March 2024

Endoscopy Ultrasound (EUS) Market accounted for US$ 990.49 million in 2020 and is estimated to be US$ 1907.43 million by 2030 and is anticipated to register a CAGR of 6.8%. Endoscopic ultrasonography (EUS) was first used for fine needle aspiration guiding in the 1980s. EUS has evolved into much more than a tool for distinguishing between different tissue densities; tissue may now be defined in great detail utilizing modalities like elastography, and the degree of tissue vascularity can now be determined with increasing precision. EUS elastography is a significant recent improvement in EUS lesion characterisation. The essential idea of elastography is that when a probe compresses a target tissue, it creates a smaller strain in hard (typically malignant) tissue than in soft (usually benign) tissue; hence, elastography can show which areas are more likely to be cancerous.

The report " Endoscopy Ultrasound (EUS) (EUS) Market, By Product (Endoscopes, Ultrasound Probes, Ultrasonic Processors, Imaging Systems, Needles, and Accessories), By Application (Oncology (Upper GI Oncology and Lower GI Oncology) and Pancreatic Conditions), By Technology (Radial Scanning and Linear Scanning), By Procedure (Upper EUS, Lower EUS, and EUS-guided Fine-Needle Aspiration), By End-user (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, and Diagnostic Centers), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2029’’

Key Highlights:

In September 2020, The new J10 Series Ultrasound Video Gastroscopes have been launched by PENTAX Medical, a healthcare industry leader in diagnostic and therapeutic endoscopy.
In September 2021, Endosound's solution for converting any flexible upper gastrointestinal video endoscope into an endoscopic ultrasound system has received breakthrough device designation from the FDA.

Analyst View:

In the discipline of gastroenterology, EUS is becoming more popular. As new technology is produced and the need for minimally invasive methods grows, this trend is likely to continue. The rise in the prevalence of stomach malignancies, including upper and lower GI cancers, as well as the increased accuracy and specificity of endoscopic ultrasound techniques for the diagnosis of these illnesses, are driving the global endoscopy ultrasound market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Endoscopy Ultrasound (EUS) (EUS) Market, By Product (Endoscopes, Ultrasound Probes, Ultrasonic Processors, Imaging Systems, Needles, and Accessories), By Application (Oncology (Upper GI Oncology and Lower GI Oncology) and Pancreatic Conditions), By Technology (Radial Scanning and Linear Scanning), By Procedure (Upper EUS, Lower EUS, and EUS-guided Fine-Needle Aspiration), By End-user (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, and Diagnostic Centers), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2029”

Key Market Insights from the report:

Endoscopy Ultrasound (EUS) Market accounted for US$ 990.49 million in 2020 and is estimated to be US$ 1907.43 million by 2030 and is anticipated to register a CAGR of 6.8%. Endoscopy Ultrasound (EUS) market is segmented into product, application, technology, procedure, end-user and region.

Based on Product, the Endoscopy Ultrasound (EUS) Market is segmented into Endoscopes, Ultrasound Probes, Ultrasonic Processors, Imaging Systems, Needles, and Accessories.
Based on Application, the Endoscopy Ultrasound (EUS) Market is segmented into Oncology (Upper GI Oncology and Lower GI Oncology) and Pancreatic Conditions.
Based on Technology, the Endoscopy Ultrasound (EUS) Market is segmented into Radial Scanning and Linear Scanning.
Based on Procedure, the Endoscopy Ultrasound (EUS) Market is segmented into Upper EUS, Lower EUS, and EUS-guided Fine-Needle Aspiration.
Based on End-user, the Endoscopy Ultrasound (EUS) Market is segmented into Hospitals, Specialty Clinics, Ambulatory Surgery Centers, and Diagnostic Centers.
By Region, the Endoscopy Ultrasound (EUS) Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account for major revenue share as compared to that of other regions.

Competitive Landscape & their strategies of Global Endoscopy Ultrasound (EUS) Market:

The key players in the Endoscopy Ultrasound (EUS) market includes Olympus Corp., CONMED Corp., Boston Scientific Corp., PENTAX Medical Inc., KARL STORZ Endoscopy-America, Inc., FUJIFILM Holdings Corp., Medtronic PLC., Ethicon Inc., Stryker Corp., and HOYA Corp.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Market Purview

Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - Market Opportunities
  - Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Estimation
- Top-Down Approach
  - Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
  - Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions