Endotherapy Devices Market

How Will Competitive Dynamics Affect the Endotherapy Devices Market to Be Worth $7 Billion by 2030?

Endotherapy DevicesMarket 2023-2030 According to the latest publication from Meticulous Research , the global endotherapy devices market is projected to reach a remarkable $7 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. This impressive growth is driven by several factors, including the increasing prevalence of diseases necessitating endoscopic procedures, a rising incidence of gastrointestinal (GI) conditions, and a growing preference among patients for minimally invasive procedures. Additionally, the aging population and advancements in technology related to endotherapy devices contribute to market expansion. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5528? However, the market faces challenges such as the high cost of endotherapy devices and the potential risk of infections associated with certain devices, which may hinder growth. On the positive side, the increasing demand for endotherapy devices in emerging economies is likely to create new opportunities for market participants. A notable challenge remains the shortage of trained physicians, which complicates growth prospects in this sector. Key Players in the Market Prominent players in the global endotherapy devices market include 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.). Future Outlook of Endotherapy Devices Market The market is segmented based on type, application, and geography. Types include endotherapy needles (such as Fine Needle Biopsy Systems, Fine Needle Aspiration Systems, and Fine Needle Fiducial Systems), biopsy forceps (single-use and reusable), balloon dilators, hemostasis systems, hemoclips, snares, catheters (dilatation, ureteral, and coronary), sphincterotomes, guide wires, extraction balloons, stents (metal and plastic), and various other devices. Applications comprise upper GI endoscopy, colonoscopy, cystoscopy, bronchoscopy, laryngoscopy, and other uses. Page 1 of 4 Meticulous Research| sales@meticulousresearch.com

Endotherapy DevicesMarket 2023-2030 Among these applications, the upper gastrointestinal (GI) endoscopy segment is expected to capture the largest share of the endotherapy devices market by 2024. This segment's dominance stems from the frequent use of endotherapy devices in critical GI procedures, including endoscopic retrograde cholangiopancreatography (ERCP), endoscopic submucosal dissection (ESD), and peroral endoscopic myotomy (POEM). The growing inclination toward minimally invasive devices helps reduce complications during procedures, which minimizes the risk of infection and shortens hospital stays. Additionally, the stents segment is anticipated to witness the highest CAGR over the forecast period. The preference for minimally invasive endoscopic stenting and the relative safety of stent placement drive this growth. While balloon dilation presents an alternative for endoscopic stenting, the associated risk of restenosis often leads to a preference for endoscopic stenting to treat strictures, further propelling market growth. Geographic Analysis This report provides an in-depth analysis of key geographical regions, including North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, and the rest of Europe), Asia-Pacific (Japan, China, India, and the rest of Asia-Pacific), Latin America (Brazil, Mexico, and the rest of Latin America), and the Middle East & Africa. In 2024, North America is projected to hold the largest share of the endotherapy devices market, primarily due to the high level of awareness surrounding endoscopic procedures, widespread adoption of endotherapy devices, advanced healthcare infrastructure, and the presence of both global and local key players. Furthermore, the high utilization rate of endotherapy devices by endoscopists in this region enhances its market share. Buy Now: https://www.meticulousresearch.com/Checkout/27981429? 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. Page 2 of 4 Meticulous Research| sales@meticulousresearch.com

Endotherapy DevicesMarket 2023-2030 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 3 of 4 Meticulous Research| sales@meticulousresearch.com