Global Endoscopic Ultrasound Needles Market to Grow at 4.4% CAGR through 2025

ALBANY, USA, 2018-Jun-22 — /EPR Network/ —A new detailed study titled “Endoscopic Ultrasound Needles Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the business intelligence study, the endoscopic ultrasound needles market is likely to grow at a CAGR of 4.4% during the assessment period.

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The research study offers a detailed analysis on the key market dynamics shaping the endoscopic ultrasound needles market. According to the research study, demand for endoscopic ultrasound needles is likely to grow on account of a range of macroeconomic and industry-specific factors. The report is optimistic on the future of endoscopic ultrasound needles market, and it is highly likely that applications in bronchial endoscopy and gastrointestinal organs will provide growth opportunities to stakeholders in this market.

The report segments the global endoscopic ultrasound needles market into application market, product market, end- user market and region market. The application segment is further bifurcated into enteral needles and bronchial needles. The product segment is sub-segmented into biopsy needles (EUS-FNB) and aspiration needles (EUS-FNA). The end -user segment is categorized into ambulatory surgical centers, specialty clinics and hospitals.

Geographically, the market is divided into key regions globally which are North America, Latin America, Europe, Asia Pacific, Middle East & Africa and Japan. According to the research study, North America is likely to remain a leading market for endoscopic ultrasound needles market globally.

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The demand for endoscopic needles market in North America is likely to be influenced by increasing emphasis on healthcare services. In addition to North America, Asia Pacific is also likely to be a key market for endoscopic ultrasound needles market, with China and India among the leading markets. Decades of economic progress has led to increased spending on healthcare services and equipment, which is likely to provide an impetus to growth during the assessment period.

The report profiles some of the leading players operating in the market. Some of these players are ACE Medical Devices Pvt. Ltd., Medtronic Plc, Boston Scientific Corporation, Olympus Corporation, CONMED Corporation, Cook Group Incorporated and Medi-Globe Corporation. The leading players in the market are focusing on launching innovative products and solutions, while tending to the price-sensitive nature of end-users in this region. The marketplace remains moderately fragmented, and it is highly likely that mergers and acquisitions will take place in the market in the near future.

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