Global Endoscopy Ultrasound Market Size By Product, By Application, By End-User, By Geographic Scope And Forecast
Endoscopy Ultrasound Market Size And Forecast
Endoscopy Ultrasound Market was valued at USD 881.61 Million in 2019 and is projected to reach USD 1,457.80 Million by 2027, growing at a CAGR of 6.5% from 2020 to 2027.
Global Endoscopy Ultrasound Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Increasing the prevalence of stomach cancer and gastrointestinal diseases worldwide is expected to strengthen the market over the forecasted period. According to the American Cancer Society, around 53,070 were diagnosed with pancreatic cancer in 2016. The higher accuracy rate of endoscopy ultrasound expects a boost to the market in the coming years. Smaller incision and quick recovery period are the factors which are likely to be growth factors of the market. The endoscopy ultrasound technique can reach internal organs and also has the availability of robotic devices. These factors will act as boosting factors for the market in the projected period. On the other hand, the lack of skilled professionals can be a restraining factor for the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The Global Endoscopy Ultrasound Market is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Endoscopy Ultrasound Market Competitive Landscape
The Global Endoscopy Ultrasound Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Cook Medical, Medi-Globe GmbH, Olympus Corporation, PENTAX Medical, FUJIFILM Corporation, Medtronic, CONMED Corporation, Hitachi Medical Systems, and Boston Scientific Corporation.
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