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Endoscopic Ultrasound Needles Market Size, Share Global Analysis Report, 2019 – 2026
Endoscopic Ultrasound Needles Market by Product (Aspiration Needles (EUS-FNA), and Biopsy Needles (EUS-FNB)), by Application (Bronchial Needles, and Enteral Needles), and by End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2026
Industry Insights
[165+ Pages Report] According to the report published by Facts Factors, the global endoscopic ultrasound needles market size was worth around USD 320 million in 2019 and is predicted to grow to around USD 440 million by 2026 with a compound annual growth rate (CAGR) of roughly 4.9% between 2020 and 2026. The report analyzes the global endoscopic ultrasound needles market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the endoscopic ultrasound needles market.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the endoscopic ultrasound needles industry. The report analyzes and declares the historical and current trends analysis of the endoscopic ultrasound needles industry and subsequently recommends the projected trends anticipated to be observed in the endoscopic ultrasound needles market during the upcoming years.
Key Insights from Primary Research
- As per our primary respondents, the global endoscopic ultrasound needles market is set to grow annually at a rate of around 4.9%.
- It was established through primary research that the global endoscopic ultrasound needles market was valued at around USD 320 Million in 2019.
- The “hospitals” category, on the basis of end-user segmentation, was the leading revenue-generating category in 2019.
- Based on the region, North America was the leading revenue-generating category in 2019.
Key Recommendations from Analysts
- As per our analysis, the global endoscopic ultrasound needles market is growing at a high CAGR and various end-use industries are aware of this potential market and applications of endoscopic ultrasound needles.
- Growing at a CAGR of around 4.9%, the global endoscopic ultrasound needles market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
- Our analysts have identified the hospital segment will be dominating for global endoscopic ultrasound needles market in terms of end-user.
- As per our analysis, North America is expected to account for the maximum revenue share, in the target market.
The endoscopic ultrasound needles market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire endoscopic ultrasound needles market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD 440 Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the endoscopic ultrasound needles industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the endoscopic ultrasound needles industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the endoscopic ultrasound needles market.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 320 Million |
Projected Market Size in 2026 |
USD 440 Million |
CAGR Growth Rate |
4.9% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
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, PENTAX Medical |
Key Segment |
By Product, Application, End-User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the endoscopic ultrasound needles industry. The endoscopic ultrasound needles market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the endoscopic ultrasound needles sector. Key strategic developments in the endoscopic ultrasound needles market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the endoscopic ultrasound needles market are appropriately highlighted in the report.
The endoscopic ultrasound needles market is estimated to develop with a healthy CAGR in the upcoming years. Human services suppliers because of the accessibility of cutting-edge automated gadgets can perform safe and insignificantly obtrusive medical procedures. Endoscopic medical procedures are picking up footing because of their innovation to arrive at inward organs with the assistance of a little cut bringing about speedy recuperation and less agony when contrasted with conventional medical procedure strategies. These are a portion of the variables driving the interest in the endoscopic ultrasound needles market universally.
Additionally, the precision offered by endoscopes, expanding endoscopic systems in different applications, for example, anesthesiology, urology, arthroscopy, gynecology, gastroenterology, laparoscopy, nervous system science, and so forth, and expanding mindfulness are different elements that help the market development. Innovative progression for item highlight improvement is relied upon to bring new development roads for significant market players working in the worldwide endoscopy liquid administration.
The worldwide endoscopic ultrasound needles industry has been segmented on the basis of application, biopsy needles, product, end-user, and region. Product-based divisions include aspiration needles and biopsy needles. Further, the application segment is classified as bronchial needles and enteral needles. Specialty clinics, hospitals, ambulatory surgical centers, hospitals, and others are end-users of the market.
Some of the essential players operating in the market 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
- PENTAX Medical
The taxonomy of the endoscopic ultrasound needles Market by its scope and segmentation is as follows:
Product Segment Analysis
- Aspiration Needles (EUS-FNA)
- Biopsy Needles (EUS-FNB)
Application Segment Analysis
- Bronchial Needles
- Enteral Needles
End-User Segment Analysis
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Others
By Region Segment Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest Of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- 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
- PENTAX Medical
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