Endotherapy Devices Market to Achieve $7 Billion Milestone by 2030

Endotherapy Devices Market to Achieve $7 Billion Milestone by 2030

Endotherapy DevicesMarket 2023-2030 Meticulous Research , a premier global market research firm, has unveiled its latest report titled "Endotherapy Devices Market by Type (Needles, Biopsy Forceps, Balloon Dilators, Hemostasis, Snares, Catheters, Sphincterotomes, Guide Wires, Stents, Retrieval Nets), Application (Upper GI Endoscopy, Colonoscopy, Cystoscopy) - Global Forecast to 2030." Download Free Sample Report: https://www.meticulousresearch.com/download- samplereport/cp_id=5528?utm_source=pdf&utm_medium=social&utm_campaign=product& utm_content=05-06-2024 According to the report, the global endotherapy devices market is projected to achieve a market size of $7 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. This robust market growth is driven by several factors including the increasing prevalence of diseases necessitating endoscopic procedures, the rising incidence of gastrointestinal conditions, the growing preference for minimally invasive surgeries, an expanding geriatric population, and continuous technological advancements in endotherapy devices. Nevertheless, the market faces challenges such as the high cost of endotherapy devices and the potential risk of infections from certain devices. On the other hand, emerging economies present lucrative growth opportunities for market players, despite the constraint posed by a shortage of trained physicians. Key Market Players: Prominent companies in the 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.), JOHNSON & JOHNSON (U.S.) Page 1 of 4 Meticulous Research| sales@meticulousresearch.com

Endotherapy DevicesMarket 2023-2030 Market Segmentation and Insights: The endotherapy devices market is segmented by type, application, and geography. The types of devices analyzed include endotherapy needles (Fine Needle Biopsy (FNB) System, Fine Needle Aspiration (FNA) System, Fine Needle Fiducial (FNF) System), biopsy forceps (single-use and reusable), balloon dilators, hemostasis systems, hemoclips, snares, catheters (dilatation, ureteral, coronary), sphincterotomes, guide wires, extraction balloons, extraction baskets, stents (metal and plastic), distal caps, polyp retrieval traps, retrieval nets, and other devices. Applications include upper gastrointestinal (GI) endoscopy, colonoscopy, cystoscopy, bronchoscopy, laryngoscopy, and others. Browse in Depth: https://www.meticulousresearch.com/product/endotherapy-devicesmarket- 5528?utm_source=pdf&utm_medium=social&utm_campaign=product&utm_content= 05-06- 2024 In 2023, the upper gastrointestinal (GI) endoscopy segment is anticipated to dominate the market, driven by the extensive use of endotherapy devices in procedures like endoscopic retrograde cholangiopancreatography (ERCP), endoscopic submucosal dissection (ESD), and peroral endoscopic myotomy (POEM). The preference for minimally invasive devices to reduce complications and hospital stays supports the segment's growth. The stents segment is projected to experience the highest CAGR during the forecast period. The rising inclination towards minimally invasive endoscopic stenting over balloon dilation, due to lower risks of restenosis, is a significant growth driver for this segment. Geographic Overview: The report provides a detailed analysis across major regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to hold the largest market share in 2023, attributed to high awareness of endoscopic procedures, Page 2 of 4 Meticulous Research| sales@meticulousresearch.com

Endotherapy DevicesMarket 2023-2030 advanced healthcare infrastructure, and the presence of key market players. The region's substantial utilization rate of endotherapy devices by endoscopists further bolsters its market dominance. Buy Now: https://www.meticulousresearch.com/Checkout/27981429?utm_source=pdf&utm_medi um=social&utm_campaign=product&utm_content=05-06-2024 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 3 of 4 Meticulous Research| sales@meticulousresearch.com