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Endoscopy Fluid Management Market size was valued at around USD 866.6 million in 2023 and is expected to expand at a CAGR of 7.2% from 2024 to 2032. This robust market growth can be attributed to factors such as the increasing prevalence of chronic diseases requiring endoscopic procedures coupled with the rising demand for minimally invasive procedures.
As the number of individuals diagnosed with chronic conditions continues to rise, there is a corresponding surge in the demand for diagnostic and therapeutic endoscopic interventions. For instance, according to an article published by Cleveland Clinic, in 2022, over 13 million laparoscopic procedures expected to be performed globally. Such procedures are essential for diagnosing and assessing the progression of chronic conditions. The need for accurate diagnostic information propels the demand for endoscopy fluid management systems.
Moreover, the growing preference for less invasive techniques leads to an increased utilization of endoscopic procedures across various medical specialties. Minimally invasive gastrointestinal procedures, such as colonoscopies and upper endoscopies, are commonly performed using endoscopy. The demand for these procedures, driven by patient preferences for less invasive options, contributes to the need for effective endoscopy fluid management.
Endoscopy fluid management refers to the systematic control and regulation of fluids used during endoscopic procedures. The fluid management is crucial to maintain a clear visual field, facilitating the smooth progression of the endoscope, and providing optimal conditions for various diagnostic and therapeutic interventions. The key components of endoscopy fluid management include the administration, monitoring, and removal of fluids used during endoscopic procedures.
Report Attribute | Details |
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Base Year: | 2023 |
Endoscopy Fluid Management Market Size in 2023: | USD 866.6 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 7.2% |
2024 – 2032 Value Projection: | USD 1.6 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 170 |
Tables, Charts & Figures: | 211 |
Segments covered: | Product Type, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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