The global endoscopic ultrasound market was valued at USD 830.6 million in 2018 and is anticipated to reach USD 2,023.6 million by 2032, reflecting a compound annual growth rate (CAGR) of 6.6% over the forecast period from 2018 to 2032. In 2018, North America held the largest market share, accounting for 35.75% of the global market.

The endoscopic ultrasound market is witnessing significant growth, driven by the increasing prevalence of gastrointestinal, pancreatic, and lung disorders, along with the rising demand for minimally invasive diagnostic procedures. Endoscopic ultrasound (EUS) combines endoscopy and ultrasound technologies to obtain high-resolution images and tissue samples from within the body, enabling early detection and accurate staging of various cancers. Technological advancements, including enhanced imaging capabilities and the integration of fine-needle aspiration, have expanded the clinical applications of EUS. Additionally, growing awareness about early diagnosis, coupled with improvements in healthcare infrastructure, especially in emerging economies, is expected to further propel the growth of the endoscopic ultrasound market in the coming years.

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Market Segmentation

• The endoscopic ultrasound market is segmented by product into endoscopes, ultrasound probes, processors, needles, and accessories.
• By application, the market includes oncology, gastroenterology, pulmonology, and others, with oncology holding a significant share.
• Based on end user, the endoscopic ultrasound market is divided into hospitals, specialty clinics, and ambulatory surgical centers.
• The market is also categorized by procedure type, including upper endoscopy, lower endoscopy, and combined procedures.

List of Key Companies Covered:

• Olympus Corporation
• PENTAX Medical
• FUJIFILM Holdings Corporation
• Cook Medical
• Boston Scientific Corporation
• Medtronic
• Medi-Globe GmbH
• CONMED Corporation