Endoscopic Ultrasound Needles Market Share

  • Report ID: 4312
  • Published Date: Mar 24, 2023
  • Report Format: PDF, PPT

Endoscopic Ultrasound Needles Market Share

North American Market Forecast

The market in the North American region is projected to hold the largest market share by the end of 2035. This can be attributed to the account of rising government organizations’ investments in the development of healthcare. For instance, in Angola, the government raised the healthcare budget to about USD 400 million for health and education contributing 16 million to children in 2019. The growing use of advanced diagnostic procedures in the field of gastroenterology, pulmonology, and oncology in Canada and the United States is expected to drive the growth of the endoscopic ultrasound needles market in this region.

APAC Market Statistics

The Asia Pacific endoscopic market, amongst the market in all the other regions, is projected to hold the second largest during the forecast period. The growing incidence of cancer and chronic hepatobiliary diseases among the population in the Asia Pacific region is anticipated to drive the growth of the endoscopic ultrasound needle market in this region. Additionally, the market in the Asia Pacific region is projected to show significant growth owing to a large amount of healthcare expenditure in the region. Additionally, the low cost of production and raw materials in China and India have attracted many pharmaceuticals and biotechnological industries from around the globe to open businesses in this region which is also expected to fuel the market growth in the region.

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Endoscopic Ultrasound Needles Market Size
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Author Credits:  Radhika Pawar


  • Report ID: 4312
  • Published Date: Mar 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The rise in the prevalence of gastrointestinal and stomach cancer and high use by physicians are the major factors driving the growth of the endoscopic ultrasound needles market.

The market is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.

The high cost of endoscopic ultrasound needles and the lack of skilled professionals are the few factors likely to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Medtronic Plc, Micro-Tech Endoscopy, Olympus Corporation, Medline Industries LP, Civco Medical Solutions, Protek Medical Products Inc., Spectra Medical Devices LLC, ACE Medical Devices Pvt Ltd, and many more.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by production, application, region, and end user.

The hospital sub-segment from the end-user segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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