The global endoscopic ultrasound (EUS) needles market is set for significant growth, projected to rise from a valuation of USD 180.2 million in 2022 to USD 223.5 million by the end of 2027. This represents a compound annual growth rate (CAGR) of 4.4% over the five-year forecast period.
Endoscopic ultrasound needles are essential tools in minimally invasive diagnostic and therapeutic procedures, enabling healthcare professionals to obtain tissue samples from various organs with high precision. The growing demand for less invasive surgical techniques and the rising prevalence of gastrointestinal diseases are key factors driving market growth.
As healthcare providers continue to seek enhanced tools for accurate diagnosis and treatment, the demand for advanced endoscopic ultrasound needles is expected to rise. This market growth underscores the ongoing innovation and development within the field of endoscopic technologies.
Manufacturers in the Global Endoscopic Ultrasound Needles Industry are focusing on new product launches for more precise diagnosis of tissues collected using needles. Gaining a greater share in the endoscopic ultrasound needles market with diverse portfolio is one of the key strategies of leading players.
As per the report, companies in the Global Endoscopic Ultrasound Needles Industry are also focusing on collaborating for development and distribution of advanced endoscopic ultrasound needle products. Key players in endoscopic ultrasound needles market are focusing on new product development in emerging regions including Latin America and Asia Pacific owing to the increasing prevalence of cancer and other chronic diseases. Endoscopic Ultrasound-Guided Fine Needle Aspiration to Gain Popularity with Rise in Gastrointestinal Diseases
According to the FMI report, Endoscopic Ultrasound-Guided Fine Needle Aspiration (EUS-FNA) is likely to account for largest share in the endoscopic ultrasound needles market. EUS-FNA gaining popularity for the diagnosis of gastrointestinal diseases and peri-gastrointestinal lesions. The wide application of FNA has also accelerated the growth in the endoscopic ultrasound needles market.
With the growing demand for minimally invasive procedures, doctors and surgeons are using EUS combined with FNA to collect sample fluid and tissue from chest and abdomen for diagnosis. It has also emerged as an alternative to exploratory procedure.
Meanwhile, in recent years studies conducted on Endoscopic Ultrasound-Guided Fine Needle Biopsy (EUS-FNB) have shown some promising results. As per the FMI study on endoscopic ultrasound needles market, FNB is emerging as the novel tool in diagnosis by providing information on tissue architecture.
As per the study, ambulatory surgical centres will use endoscopic ultrasound needles on a large scale owing to the rise in number of these centres and increasing number of endoscopic ultrasound surgeries performed in ambulatory surgical centres. Being the minimally invasive and non-surgical procedure that can be performed through colon or upper GI tract, ambulatory surgical centers are gaining traction in the Global Endoscopic Ultrasound Needles Industry.
Moreover, endoscopic ultrasound is generally considered safe when performed at ambulatory surgical centres with expert healthcare team. Various healthcare organisations are building ambulatory surgical centres within the premises in the healthcare facility offering wide range of services with technological advancements to achieve economies of scale.
An increasing number of ambulatory surgical centers are offering safe, cost-effective services, especially for gastroenterology, thereby, driving the demand in the Global Endoscopic Ultrasound Needles Industry.
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Endoscopic Ultrasound Needles Market Survey
by Product:
- Aspiration Needles (EUS-FNA)
- Biopsy Needles (EUS-FNB)
by Application:
- Bronchial EUS Needles
- Enteral EUS Needles
by End User:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
by Region:
- North America Endoscopic Ultrasound Needles Market
- Latin America Endoscopic Ultrasound Needles Market
- Europe Endoscopic Ultrasound Needles Market
- East Asia Endoscopic Ultrasound Needles Market
- South Asia & Pacific Endoscopic Ultrasound Needles Market
- Middle East & Africa (MEA) Endoscopic Ultrasound Needles Market
A Old Full Report Analysis Click Here
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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