Endotherapy Devices Market
According to Meticulous Researchu00ae, the global endotherapy devices market is set to grow to $7 billion by 2030, with a CAGR of 7.4% from 2024 to 2030. These devices are integral to endoscopic procedures, being inserted into the body to facilitate
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How Will Regulatory Changes Impact the Endotherapy Devices Market to be Worth $7 Billion by 2030?
Endotherapy DevicesMarket 2023-2030 The global endotherapy devices market is forecasted to reach $7 billion by 2030, with a CAGR of 7.4% from 2023 to 2030. Endotherapy devices, such as needles, dilators, and stents, are crucial in endoscopic procedures, including colonoscopies and gastroscopies. These devices are used for diagnosing and treating gastrointestinal conditions and performing therapeutic interventions. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5528?utm_source=pdf&utm_medium=social&utm_campaign=product& utm_content=07-08-2024 Growing Preference for Minimally Invasive Procedures Patients are increasingly opting for endoscopic procedures over traditional open surgeries due to their minimally invasive nature. Endoscopic procedures involve smaller incisions, leading to reduced pain, shorter recovery times, and lower healthcare costs. This growing preference is driving the demand for endotherapy devices. Market Drivers and Challenges The market's growth is fueled by the rising prevalence of gastrointestinal disorders, technological advancements, and the shift towards minimally invasive procedures. However, high costs associated with endoscopic procedures and a shortage of skilled professionals pose challenges to market growth. Technological Advancements Recent innovations, such as Argon Medical Devices' Halo Single-Loop Snare Kits and Cook Medical's transluminal Biliary Biopsy Forceps Set, highlight the industry s focus on improving clinical outcomes and patient safety. The introduction of advanced hemostasis systems, like Medtronic s Nexpowder Endoscopic Hemostasis System, supports market expansion by enhancing procedural efficiency. Regional and Segment Insights The upper GI endoscopy segment is expected to capture the largest market share in 2023, driven by its use in treating a range of gastrointestinal conditions. Asia-Pacific is projected to be the fastest-growing region, supported by advancements in healthcare infrastructure and increasing healthcare spending. Competitive Landscape The report offers a competitive landscape based on an extensive assessment of the product portfolio offerings, geographic presences, and key strategic developments adopted by leading market players in the industry over the Page 1 of 4 Meticulous Research| sales@meticulousresearch.com
Endotherapy DevicesMarket 2023-2030 years (2020 2023). The key players operating in the global endotherapy devices market are Boston Scientific Corporation (U.S.), Olympus Corporation (Japan), Medtronic plc (U.S.), FUJIFILM Holdings Corporation (Japan), Cook Group Incorporated (U.S.), Conmed Corporation (U.S.), Hoya Corporation (Japan), Stryker Corporation (U.S.), KARL STORZ SE & Co. KG (Germany), Smith & Nephew PLC (U.K.), Micro-Tech (Nanjing) Co., Ltd. (China), Nipro Corporation (Japan), MEDIVATORS B.V. (Germany), The Cooper Companies, Inc. (U.S.), and JOHNSON & JOHNSON (U.S.) Buy Now: https://www.meticulousresearch.com/Checkout/27981429?utm_source=pdf&utm_medi um=social&utm_campaign=product&utm_content=07-08-2024 About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to detail. With meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 4 Meticulous Research| sales@meticulousresearch.com
