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The endoscopic ultrasound industry is characterized by the presence of several established and emerging players that offer a variety of products across the globe. The market players compete based on factors such as product quality, innovation, regulatory compliance, customer service, and pricing strategies.
Prominent players operating in the endoscopic ultrasound industry include:
North America endoscopic ultrasound industry size recorded USD 501.8 million in revenue in 2023 and is projected to grow at 6.3% CAGR from 2024 to 2032, led by the presence of robust healthcare infrastructure and high adoption rates of advanced medical technologies.
The oncology application segment in the endoscopic ultrasound industry is projected to record USD 1.4 billion by 2032, due to the rising incidence of gastrointestinal cancers, including esophageal, gastric, pancreatic, and colorectal cancers.
The endoscope component segment in the endoscopic ultrasound industry accounted for 32.1% share in 2023 due to their ability to provide detailed examination of the gastrointestinal mucosa, submucosa, and adjacent structures.
Endoscopic ultrasound industry size was USD 1.2 billion in 2023 and is projected to expand at 6.9% CAGR from 2024 to 2032, due to the rising incidence of gastrointestinal diseases, favorable reimbursement policies, and increasing demand for minimally invasive procedures.