Global Endoscopic Ultrasound (EUS) Market to Grow at a CAGR of 6.5% till 2026Posted by saurabh on May 23rd, 2022 The global endoscopic ultrasound (EUS) market size is projected to reach USD 1,375.6 million by 2026, registering a CAGR of 6.5% during the forecast period. Growing prevalence of gastric cancer is touted to be the key driver for the growth of this market during the forecast period. Gastric cancer or cancer of the stomach is one of the leading cancer-related deaths in the world. According to the GLOBOCAN 2018 report of the International Association of Cancer Registries (IARC), gastric cancer was the third deadly type of cancer in 2018, causing 783,000 deaths in the same year. It also has the fifth-highest incidence rate among cancers, with 5.7% of new cancer cases being of this type. Detection of cancer in its early stages is crucial for prolonging the life of a patient. Endoscopy ultrasound equipment plays a vital role in diagnosing stomach cancer and timely diagnosis can help the doctor to take appropriate treatment routes and form an informed prognosis of the disease. As a result, the demand for EUS technology is slated for considerable expansion and echo-endoscopy products will dominate the endoscopic ultrasound market trends in the near future. Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/sample/endoscopy-ultrasound-market-100558 According to the report published by Fortune Business Insights, titled “Endoscopic Ultrasound (EUS) Market Size, Share & Industry Analysis, By Product (Endoscopes (Radial Endoscopes and Linear Endoscopes), Ultrasound Probes, Ultrasonic Processors, Imaging Systems, Needles, and Accessories) By Application (Oncology Pancreatic Conditions, and Others), By End User (Hospitals, Ambulatory Surgery Centers, Others) and Regional Forecast, 2019-2026”, the market value stood at USD 830.6 Million in 2018. The report also incorporates a comprehensive overview of the industry outlook along with in-depth research. Further, it also shares a detailed assessment of the factors, upcoming trends, future prospects, and competitive and regional dynamics that will influence the market in the forecast period. Competitive Landscape: An exhaustive company profile, along with the data regarding the production graph, product offerings, and revenue accounted for by each company is entailed within the report. Additionally, it outlines the pricing trends followed and the gross margins recorded by each manufacturer, along with the share of the market held by them over the forecast period. Objectives of the Study: To provide a complete analysis of the global market by material type, by age group, by end user, and by region Some of the key points covered in the report are: Analysis of competitors To get to know more about the short-term and long-term impact of COVID-19 on this market, Please Visit: https://www.fortunebusinessinsights.com/industry-reports/endoscopy-ultrasound-market-100558 Like it? Share it! More by this author |