Global Endoscopic Ultrasound Needles Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Global Endoscopic Ultrasound Needles Market Overview :

“The global Endoscopic Ultrasound Needles Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global endoscopic ultrasound needles market report has been segmented on the basis of product type, application, end user, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.

In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Endoscopic ultrasound (EUS) is a medical technique using sound waves known as ultrasound during an endoscopic procedure. EUS is safe and accurate diagnostic procedure for evaluation of intramural and extramural lesions of the gastrointestinal tract. This technique allows physicians to see organs and structures such as the wall of the gastrointestinal tract, layers of the gastrointestinal tract wall, the liver, pancreas, lymph nodes, and bile ducts.

EUS with fine needle aspirate (FNA) is used for diagnosis of stages of cancers in the gastrointestinal tract. Depending upon the application, there are different needle size available for the endoscopic procedure.

Key driver of the global endoscopic ultrasound needles market is increasing incidence of chronic disease. In addition, increase in number of surgeries, demand for minimal invasive procedures, increase in health expenditure, growing population, ageing population are the factors anticipated to propel growth of the global endoscopic ultrasound needles market. However, stringent rules by various health authority such as FDA may restrain the growth of the global endoscopic ultrasound needles market.

The players are partnering with other medical device players to expand their presence across globe in order to develop, market, and sales of endoscopic ultrasound needles. Established players in the global endoscopic ultrasound needles market are focusing on expanding product portfolio with advance products and technologies.

Geographically, the market of endoscopic ultrasound needles has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in North America is expected to dominate the global endoscopic ultrasound needles market, due to increasing incidence of chronic diseases in the region.

In contrast, the market in Asia Pacific is expected to be an emerging market for endoscopic ultrasound needles and is expected to register highest CAGR in during the forecasted period, owing to developing medical infrastructure, increasing spending on healthcare, and growing geriatric population.

GLOBAL ENDOSCOPIC ULTRASOUND NEEDLES MARKET SEGMENTATION:

Segmentation by product type:

• Aspiration needles (EUS-FNA)
• Biopsy needles (EUS-FNB)

Segmentation by application:

• Bronchial EUS needles
• Enteral EUS needles

Segmentation by end user:

• Ambulatory Surgical Centers
• Hospitals
• Clinics

 Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa