ENDOSCOPIC STRICTURE MANAGEMENT DEVICE MARKET ANALYSIS

Endoscopic Stricture Management Device Market, by Application (Bronchoscopy, Arthroscopy, Laparoscopy, Urology Endoscopy, Gastrointestinal Endoscopy, and Others) by Product (Balloon Dilator, Stents, Bougie Dilators, and Others), by End Users (Hospitals, Clinics, and Ambulatory Surgery Centers), and by Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Oct 2024
Code : CMI3569
Formats :
Excel and PDF
Industry : Medical Imaging

Regional Analysis

Global Endoscopic Stricture Management Device Market Regional Analysis

North America is expected to account for largest market share in global endoscopic stricture management device market, owing to factors such as increasing prevalence of disease requiring endoscopy procedures, and increasing product launches. Increasing prevalence of the gastrointestinal disease among the people is expected to boost global endoscopic stricture management device market growth in North America. For instance, in the U.S, in 2018, according to the National Center for Biotechnology Information (NCBI), around 11% of the population suffered from the chronic digestive disease, with the prevalence rate as high as 35% for those 65 years and over.

Moreover, Europe is expected to exhibit highest CAGR over the forecast period due to increasing number of surgical procedure such as cardiovascular procedures. For instance, according to the British Journal of Anesthesia (BJA), in 2017, in U.K, each year, one in ten people undergoes surgical procedure which in turn increase the demand of endoscopic device.