The North America Endoscopy Fluid Management Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).
Endoscopy is the process which is utilized in the medicine to look inside the body. The endoscopy procedure employed an endoscopy to examine the body's cavity or the interior of a hollow organ. Endoscopes are directly inserted into the organ unlike many other medical imaging techniques. There are many endoscopies, and their usage depends upon the site of the body and procedure type. Endoscopies are performed either by a surgeon or doctor. A patient may be anesthetized or completely conscious during the whole procedure.
Generally, the term endoscopy refers to an examination of the upper part of the gastrointestinal tract, known as esophagogastroduodenoscopy. Endoscopy may be utilized to investigate symptoms in the digestive system, including vomiting, abdominal pain, nausea, gastrointestinal bleeding, and difficulty swallowing. It is also used in diagnosis. Mostly by performing a biopsy to check for conditions like bleeding, inflammation, and cancers of the digestive system. The procedure may also be used for treatment, such as cauterizing a bleeding vessel, widening a narrow esophagus, clipping off a polyp, or removing a foreign object.
In the United States, chronic diseases are among the most costly and prevalent health conditions. Nearly half (133 million or 45%) of Americans suffer from at least one chronic disease, and the number is on a constant rise. Chronic diseases include cancer, diabetes, hypertension, heart disease, arthritis, obesity, oral diseases, and stroke, which can lead to hospitalization, long-term disability, decreased quality of life, and death. Chronic conditions are believed to be the primary cause of disability and death in the nation. The rising prevalence of chronic diseases will increase the usage of endoscopy for diagnosis and thereby surge the market for endoscopy fluid management in the region.
The US market dominated the North America Endoscopy Fluid Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $256.5 Million by 2028. The Canada market is poised to grow at a CAGR of 8.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.5% during (2022 - 2028).
Based on Application, the market is segmented into Laparoscopy, Hysteroscopy and Others. Based on Product, the market is segmented into System and Accessories. Based on End User, the market is segmented into Hospital, Clinics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Endoscopy Fluid Management Market is Estimated to reach $970 Million by 2028, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Olympus Corporation, Steris PLC, B. Braun Melsungen AG, Stryker Corporation, Hologic, Inc., ConMed Corporation, Karl Storz SE & Co. KG, Arthrex, Inc., and COMEG Medical Technologies (Acteon Group).
By Application
By Product
By End User
By Country
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