Gastrointestinal Endoscopic Ultrasound System Market was valued at USD 1.34 Billion in 2022 and is projected to reach USD 2.43 Billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030.
The global gastrointestinal endoscopic ultrasound (EUS) system market was valued at approximately $750 million in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. This growth is attributed to the increasing prevalence of gastrointestinal disorders, technological advancements in endoscopic ultrasound systems, and a growing demand for minimally invasive procedures. The market's expansion is also driven by the rising geriatric population, who are more susceptible to gastrointestinal diseases, and the continuous development of innovative EUS devices that offer improved diagnostic accuracy and patient comfort.
Emerging markets present significant opportunities for growth in the gastrointestinal EUS system sector. Regions such as Asia-Pacific and Latin America are experiencing rapid healthcare infrastructure development and an increase in healthcare spending, which is expected to bolster the adoption of advanced endoscopic technologies. Additionally, the rising awareness and availability of healthcare services in these regions are likely to drive demand for EUS systems. As these markets continue to develop, they offer substantial opportunities for market players to expand their reach and capitalize on the growing need for effective diagnostic tools in gastrointestinal care.
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Olympus Corporation
Hitachi Medical Systems
PENTAX Medical
Fujifilm
Medtronic
CONMED Corporation
Medi-Globe GmbH
Boston Scientific Corporation
Cook Medical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Gastrointestinal Endoscopic Ultrasound System Market
Hospital
Clinic
Others
Based on Types the Market is categorized into Below types that held the largest Gastrointestinal Endoscopic Ultrasound System market share In 2023.
Diagnostic System
Therapeutic System
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Gastrointestinal Endoscopic Ultrasound System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Gastrointestinal Endoscopic Ultrasound System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Gastrointestinal Endoscopic Ultrasound System Market, By Type
6. Global Gastrointestinal Endoscopic Ultrasound System Market, By Application
7. Global Gastrointestinal Endoscopic Ultrasound System Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Gastrointestinal Endoscopic Ultrasound System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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