2024-2033 Global Esophagoscopes And Gastroscopes Market Outlook: Projected Size and Growth Rate
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What is the Expected Growth Rate of the Esophagoscopes And Gastroscopes Market from 2024 to 2033?
The esophagoscopes and gastroscopes market has experienced strong growth, increasing from $1.55 billion in 2023 to $1.67 billion in 2024, at a CAGR of 7.3%. Growth is attributed to the prevalence of gastrointestinal disorders, an aging population, early detection and cancer screening, and minimally invasive procedures.
The esophagoscopes and gastroscopes market is expected to grow strongly, reaching $2.14 billion by 2028 with a CAGR of 6.5%. Growth is attributed to the expansion of outpatient endoscopy centers, advances in imaging technology, and healthcare infrastructure development. Key trends include advancements in 3D imaging and AI in diagnostics.
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The esophagoscope and gastroscope market is expanding as cases of inflammatory bowel disease increase. These instruments are crucial in diagnosing inflammatory bowel disease (IBD). For instance, a study published in the Journal of the Canadian Association of Gastroenterology in March 2023 projects that Canada’s IBD incidence rate will increase from 825 per 100,000 in 2023 to 1075 per 100,000 by 2035.
1) By Type: Rigid, Flexible, Transnasal, Other Types
2) By Application: Gastroesophageal Reflux Disease, Ulcers, Barrett’s Esophagus, Celiac Disease, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Diagnostic Centers, Other End Users
In the esophagoscope and gastroscope market, companies are creating innovative devices like dual-channel endoscopes to improve service reliability. In October 2021, Fujifilm Holdings Corporation launched the El-740D/S dual-channel endoscope, which is the first of its kind approved by the FDA for use in both upper and lower gastrointestinal applications. This endoscope enhances the capabilities of gastroenterologists and colorectal surgeons, broadening the range of treatments available.
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North America was the largest region in the prescriptive analytics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the prescriptive analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Esophagoscopes And Gastroscopes Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the esophagoscopes and gastroscopes market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Esophagoscopes And Gastroscopes Market Include
1. Esophagoscopes And Gastroscopes Market Executive Summary
2. Esophagoscopes And Gastroscopes Market Segments
3. Esophagoscopes And Gastroscopes Market Size And Template Market Growth Rate
4. Key Esophagoscopes And Gastroscopes Market Trends
5. Major Esophagoscopes And Gastroscopes Market Drivers
……
25. Key Mergers And Acquisitions In The Esophagoscopes And Gastroscopes Market
26. Top Esophagoscopes And Gastroscopes Companies
27. Esophagoscopes And Gastroscopes Market Opportunities And Strategies
28. Esophagoscopes And Gastroscopes Market, Conclusions And Recommendations
29. Appendix
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