The Global Ultrasound Gastroscopes Market size is projected to grow at a CAGR of 4.4% during the forecast period. The report defines that the growth in this market can be attributed to an increase in demand for gastrointestinal endoscopy procedures and the rising prevalence of chronic diseases such as diabetes mellitus type 2, obesity, etc.
Ultrasound gastroscopes are typically used in endoscopic procedures. They use sound waves to visualize the gastrointestinal tract and provide many benefits over traditional endoscopy. This technology is also gaining popularity for its ability to diagnose abnormalities without sedation or invasive medical interventions, among other things. Ultrasound gastroscopes are designed for screening purposes to detect different abnormalities in the gastrointestinal tract. The diagnostic procedure is non-invasive and usually used along with other imaging techniques like x-ray, MRI, or computerized tomography (CT). The advantages of using ultrasound include faster diagnosis compared to endoscopy. Gastroenterologists can easily monitor gastric conditions without having patients ingest any medication prior to the test. This also lets them view stomach images at night when there aren’t many patients around the facility which leads to better cost-effectiveness for medical centers.
On the basis of Type, the global ultrasound gastroscopes market is segmented into Optic Ultrasound Gastroscope, & Linear Array Ultrasound Gastroscope.
An optic gastroscope or an endoscope is a medical device that helps doctors to look inside the stomach and intestines. The optical imaging system of the gastroscope enables the users to see what’s going on in their body during different procedures such as Colonoscopy, ERCP (Endoscopic Retrograde Cholangiopancreatography), Gastroscopy, etc. Some brands that offer optic ultrasound endoscopes are Olympus Corporation, Pentax Medical Company Ltd., Fujifilm Holdings Corp., HOYA CORPORATION, and others.
The Linear Array Ultrasound Gastroscope is a non-invasive imaging technology that provides high-resolution images of the stomach and duodenum. The linear array ultrasound transducer emits ultrasonic energy from its surface to penetrate deep into tissue or fluid, displaying an image on the monitor screen. This mode enables visualization in multiple planes, which helps clinicians get better information about organs so they can decide whether surgery or another procedure is needed for treatment. The advantages of Linear Array Ultrasound Gastroscope are that these devices have a good resolution, they can easily track the target area, and also will be able to detect any lesion in the stomach or esophagus. - High-Resolution Images: Linear array ultrasound gastroscope is capable of providing high-resolution images because it has a multi-element linear array probe that can help in tracking the targeted lesion properly and precisely. -Easily Tracks Targeted Area: This device easily tracks the targeted area due to its small size as well as flexibility, hence there will be no hindrance for this system while searching or capturing an image from various angles. -Detect Any Lesion In Stomach Or Esophagus: These devices are able to detect any lesion present inside the stomach or esophagus with great accuracy.
On the basis of Application, the global ultrasound gastroscopes market is segmented into Hospital (Intensive Care Units and General ICU), Clinic, and Medical Center (Hepatology Department and Emergency Room).
On the basis of Region, the global ultrasound gastroscopes market is segmented into North America, Europe, the Asia Pacific, and Latin America, Middle East & Africa. North America region dominated this market in 2018 with a share of more than 40% followed by Europe due to the increasing number of surgeries taking place in these regions which results in increased demand for diagnostic procedures such as endoscopy from the healthcare industry. Growingiatric population base coupled with rising incidences of chronic diseases such as liver cirrhosis and gastric cancer is expected to drive the market growth during the forecast period.
The ultrasound gastroscopes market in the Asia Pacific is expected to grow at the highest CAGR during the forecast period. The major factor that drives this growth is the increasing prevalence of gastric cancer, which has been observed over the last few years due to changes in dietary patterns and an increase in the incidence of chronic infection with Helicobacter pylori (H.pylori). Ultrasound gastroscopes are a new technology in Latin America, but the market is expected to be at its peak within five years. Ultrasound gastroscopes are expected to be the fastest-growing endoscopy device type in Middle East & Africa from 2016-2026.
- Increase in the number of cancer cases globally.
- Developing technological innovations for product development and higher performance.
- Increasing awareness for early diagnosis.
- Rise in demand for miniaturization technology application.
- Need to adopt digital solutions for increased efficiency and accuracy.
- Increase in the number of mergers and acquisitions.
- Impact analysis of drivers, restraints & challenges While assessing the market potential.
Up Market Research published a new report titled “Ultrasound Gastroscopes Market research report which is segmented by Types (Optic Ultrasound Gastroscope, Linear Array Ultrasound Gastroscope), By Applications (Hospital, Clinic, Medical Center, Others), By Players/Companies Olympus, PENTAX Medical, Fujifilm, KARL STORZ, Cook Medical, Medtronic”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Ultrasound Gastroscopes Market Research Report |
By Type | Optic Ultrasound Gastroscope, Linear Array Ultrasound Gastroscope |
By Application | Hospital, Clinic, Medical Center, Others |
By Companies | Olympus, PENTAX Medical, Fujifilm, KARL STORZ, Cook Medical, Medtronic |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 235 |
Number of Tables & Figures | 165 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Optic Ultrasound Gastroscope, Linear Array Ultrasound Gastroscope and By Application Hospital, Clinic, Medical Center, Others.
Some of the companies that are profiled in this report are:
Ultrasound Gastroscopes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Ultrasound Gastroscopes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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