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Endoscopic Ultrasound Needles Market Analysis by Key Players, Geography and Major Segments Forecast 2018-2026

Endoscopic Ultrasound Needles Market to Grow Rapidly Owing to Innovative Product Launches, says Fortune Business Insights

The bronchial needles segment is likely to dominate the global endoscopic ultrasound needles market in owing to the increasing prevalence of gastrointestinal and lung cancer. Fortune Business Insights, in an upcoming report, titled, “Endoscopic Ultrasound Needles Market Size, Share and Global Trend By Product (Endoscopic Ultrasound Aspiration Needle (FNA), Endoscopic Ultrasound Fine Biopsy Needle (FNB)), By Needle Type (Bronchial Needle, Eternal Needle), By End User (Hospitals, Clinics, Diagnostic Centers) and Geography Forecast till 2026,” states that technological advancements, increasing demand for minimally invasive procedures, and a rise in the adoption of endoscopic devices in diagnostics are projected to increase the global endoscopic ultrasound needles market sales in the forthcoming years. Also, research and development activities in this field to treat cysts and tumors is increasing day by day. It will also contribute to the global market growth in the coming years.

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Fortune Business Insights has listed some of the prominent market players operating in the global endoscopic ultrasound needles market. They are:

  • Cook
  • Olympus Corporation
  • Boston Scientific Corporation
  • Medi-Globe GambH
  • Medtronic
  • CONMED Corporation
  • Other market players

The report is based on interpretation, analysis, and synthesis of data collected from various sources regarding the global endoscopic ultrasound needles market. Our highly skilled team of anslysts have acquired insights using a combination of primary and secondary research methodology.

Increasing Adoption of Endoscopy to Boost Growth in Asia Pacific and Europe

Geographically, the global endoscopic ultrasound needles market is grouped into Latin America, Europe, the Middle East and Africa, North America, and Asia Pacific. Amongst these regions, North America is anticipated to exhibit a significantly high CAGR during the forecast period. It is likely to occur because of rising prevalence of lung and gastrointestinal cancer as well as an increasing number of diagnostic centers in the region. The American Cancer Society mentioned that more than 27,510 cases of stomach cancer are projected to occur in the U.S. by 2019. It would further impact the endoscopic ultrasound needles market sales positively in North America in the forthcoming years. Asia Pacific and Europe, on the other hand, are anticipated to showcase immense growth in the coming years owing to the increasing demand for minimally invasive procedures and high adoption of endoscopy.

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Prominent Key Players Aim to Increase Sales Through Product Launches and Collaborations

Fortune Business Insights has listed few of the latest developments that has occurred in the global endoscopic ultrasound needles market. They are:

  • Olympus Corporation, a manufacturer of optics and reprography products, headquartered in Japan, announced its joint venture with the Americas and the American Society for Gastrointestinal Endoscopy (ASGE) in May 2019. The collaboration would allow the company to train novice endoscopists in the diagnostic usage of endoscopic ultrasound (EUS). It would further aid in addressing a training gap for beginners whose knowledge and skills are required in local hospitals who are planning to include the EUS services.
  • Pentax Medical, a provider of endoscopic imaging devices and solutions, based in the U.S., unveiled its latest Slim Linear Ultrasound Endoscope (EG-3270UK) in August 2017. The system includes the latest ultrasound technology and transducer design. According to Pentax, it is the company’s slimmest endoscope that is available in the market today. It also consists of a short bending section, small distal end, and slim insertion tube. All these features aid the endoscopists in observing hard-to-reach areas in the patient’s body.
  • Earlier in 2016, Cook Medical, a family-owned medical device company, announced the launch of its EchoTip ProCore 20 gage needle. The needle comes with ReCoil Stylet. The company declared that the needle can be used with an ultrasound endoscope for fine needle biopsy (FNB) of intraperitoneal masses, mediastinal masses, submucosal lesions, and lymph nodes within the gastrointestinal tract. The ReCoil Stylet is further capable of automatic recoiling that aids the technicians and nurses in managing it very easily.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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