Endoscopic Ultrasound (EUS) Market 2024 : USD 2.2 Billion by 2031, Driven by Surge in Demand for Advanced Diagnostic Technology Across the Globe 

A new business intelligence report released by Allied Market Research, the global Endoscopic Ultrasound (EUS) Market size generated $1.2 billion in 2021, and is expected to reach $2.2 billion by 2031, witnessing a CAGR of 6.1% from 2022 to 2031.

In 2021, the endoscopes segment dominated the market, accounting for over a quarter of the total share, and is projected to maintain its leading position throughout the forecast period. Conversely, the needles segment is anticipated to exhibit the highest compound annual growth rate (CAGR) of 6.8% from 2022 to 2031. The report also evaluates other segments, such as ultrasound probes, ultrasonic processors, imaging systems, and accessories.

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Regarding application, the pancreatic conditions segment held the largest share in 2021, representing nearly half of the global endoscopic ultrasound (EUS) market, and is expected to retain its leading position during the forecast period. Meanwhile, the oncology segment is forecasted to experience the highest CAGR of 6.8% from 2022 to 2031.

In terms of end users, hospitals accounted for the largest share in 2021, holding nearly 60% of the total market share, and are projected to continue their revenue dominance through 2031. However, the ambulatory surgery centers and clinics segment is expected to achieve the highest CAGR of 6.3% over the forecast period.

Regionally, North America led the market in 2021, contributing over one-third of the global endoscopic ultrasound market, and is anticipated to maintain its dominance by 2031. Nonetheless, the Asia-Pacific region is expected to grow at the fastest CAGR of 7.1% during the forecast period. The research also includes an analysis of Europe and LAMEA regions.

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Key Benefits For Stakeholders

• This report provides a quantitative Endoscopic Ultrasound Market Analysis of the market segments, current trends, estimations, and dynamics of the endoscopic ultrasound EUS Market analysis from 2021 to 2031 to identify the prevailing Endoscopic Ultrasound Market Opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the endoscopic ultrasound (eus) market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global endoscopic ultrasound (eus) market trends, key players, market segments, application areas, and market growth strategies.

Key findings of the study

• On the basis of products, the endoscopes segment was the highest contributor to the market in 2021.
• Based on application, the pancreatic conditions segment was the highest contributor to the market in 2021.
• Depending on the end user, the hospital segment was the highest contributor to the market in 2021.
• Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

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