
Global Gastrointestinal Devices Market Growth Trajectory
The Business Research Company’s Gastrointestinal Devices Global Market Report 2022: Market Size, Trends, And Forecast To 2026
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As per The Business Research Company's "Gastrointestinal Devices Global Market Report 2022”, the gastrointestinal devices market is expected to grow from $9.35 billion in 2021 to $10.05 billion in 2022 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The gastrointestinal devices market is expected to grow to $12.72 billion in 2026 at a CAGR of 6.1%. The increasing prevalence of gastrointestinal diseases contributed to the growth of the gastrointestinal devices market.
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Key Trends In The Gastrointestinal Devices Market
Single-use disposable endcap of duodenoscope is increasingly being used to prevent contamination during endoscopic retrograde cholangiopancreatography (ERCP) procedures. Single-use disposable cap controls the infection and preserves the duodenoscope optics. The USFDA recommended that hospitals and clinics shift from reusable duodenoscopes to disposable parts duodenoscopes.
Overview Of The Gastrointestinal Devices Market
The gastrointestinal devices market consists of sales of gastrointestinal devices and related services by entities (organizations, sole traders, and partnerships) that manufacture gastrointestinal devices. These devices are used for the diagnosis and treatment of medical conditions related to the digestive system or the gastrointestinal tract.
Learn more on the global gastrointestinal devices market report at:
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Gastrointestinal Devices Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
• By Product Type: GI Videoscopes, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopy, Endoscopic Ultrasound, Endoscopic Mucosal Resection (EMR), Hemostasis Devices, Other Product Types
• By End Users: Hospitals, Clinics & Dialysis Centers, Ambulatory Surgical Center
• By Sales Channel: Online Retailing, Medical Stores & Brand Outlet
• By Geography: The global gastrointestinal devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Boston Scientific, Medtronic, Fujifilm Holdings Corporation, CONMED Corporation, Stryker Corporation, Johnson and Johnson, Olympus, Cook Group, Becton, Dickinson, and Company, and B. Braun Melsungen.
Trends, opportunities, strategies and so much more.
Gastrointestinal Devices Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of gastrointestinal devices market. The market report analyzes gastrointestinal devices global market size, gastrointestinal devices global market growth drivers, gastrointestinal devices global market share, gastrointestinal devices market segmentation, gastrointestinal devices global market major players, gastrointestinal devices global market growth across geographies, gastrointestinal devices market trends and gastrointestinal devices market competitors’ revenues and market positioning. The gastrointestinal devices market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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About The Business Research Company?
The Business Research Company has published over 3000 industry reports, covering over 3000 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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