Top Companies in Endoscopic Ultrasonography (EUS) Market

The global endoscopic ultrasonography marketis projected to reach USD 1.93 billion by 2029 from USD 1.37 billion in 2024, at a CAGR of 7.1%. Endoscopic ultrasonography (EUS) is a medical procedure that merges endoscopy and ultrasound to provide detailed images of the digestive tract, and its surrounding tissues, and also nearby organs. It is broadly used in the diagnosis, staging, and treatment of various gastrointestinal (GI) conditions. They are used by healthcare proffesionals such as gastroenterologists, cardiologists, nephrologists, neurologists, hepatologists, and gynaecologists to perform safe examinations and interventions.

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The prominent players of global endoscopic ultrasonography market are Olympus Corporation (Japan), Medtronic (US), FUJIFILM Holdings Corporation (Japan), Boston Scientific Corporation (US), PENTAX Medical (Japan), Steris (Ireland), CONMED Corporation (US), Lepu Medical Technology(Beijing)Co., Ltd. (China), CANON MEDICAL SYSTEMS CORPORATION (Japan), Cook (US), Huaco Healthcare Technologies Co. Ltd.(China), SonoScape Medical Corp.(China), Endosound, Inc.(US), Limaca-Medical (Israel), Beijing ZKSK Technology Co., Ltd. (China), Kaigen Pharma Co., Ltd.(Japan), PIOLAX MEDICAL DEVICES, INC.(Japan), Micro-Tech Endoscopy (US), Shaili Endoscopy (India), Zhejiang Soudon Medical Technology Co., Ltd.(China), ENDO-FLEX GmbH. (Germany), Ace Medical Devices Pvt. Ltd. (India), Medi-Globe GmbH.(Arizona), Medorah Meditek Pvt. Ltd.(India), and InnerMedical Co., Ltd. (China). These companies adopted strategies such as product launches, partnerships, acquisitions, and expansions to strengthen their presence in the endoscopic ultrasonography market.

Olympus Corporation (Japan)

Olympus Corporation is one of the leading players in the endoscopic ultrasonography market, due to its wide range of endoscopic ultrasonography products. Through its endoscopic solution segment, the company offers various endoscopic ultrasonography devices, such as GI endoscopes, surgical endoscopes, endoscopic processors and probes, and their repair services. The company is focused on continuos innovations, and allocates a significant portion of its revenue to research and development, thereby aiming at introduction of cutting-edge endoscopic ultrasonography products and services. For instance, in November 2023, the company introduced the EVIS X1, its most advanced endoscopic system that offers, early diagnosis and delivers minimally invasive treatments, ultimately enhancing patients' quality of life.

Medtronic (US)

Medtronic is a one of the leading medical technology company’s in the endoscopic ultrasonography market, including advanced ultrasound needles designed to improve diagnostic and therapeutic procedures. Through its Medical Surgical Group segment, the company offers innovative EUS needles by addressing the evolving demands of minimally invasive procedures. For instance, in December 2023, Medtronic expanded its partnership with Cosmo Intelligent Medical Devices, leveraging AI for the GI Genius endoscopy module. This collaboration enhanced healthcare solutions globally. Moreover, with a global manufacturing and research footprint in the US, Europe, and Asia, the company ensures high-quality production and distribution of its endoscopic ultrasonography needles, to healthcare providers in over 150 countries.

Boston Scientific Corporation (US)

Boston Scientific develops, manufactures, and markets medical devices in various endoscopic ultrasonography specialties. The company maintains a robust presence across key regions including the US, Asia Pacific, and prominent European markets. Specializing in endoscopic ultrasonography products tailored for gastroenterology, pulmonary, and interventional bronchoscopy applications, the company consistently reinforces its product portfolio through strategic acquisitions. For example, in November 2022, Boston Scientific acquired Apollo Endosurgery, Inc. (US), a medical technology firm based in the US. Therefore, by leveraging its endoscopy business segment, the company develops and manufactures devices aimed at diagnosing and treating a wide spectrum of gastrointestinal (GI) and pulmonary conditions using innovative, minimally invasive technologies.

Related Reports:

Endoscopic Ultrasonography (EUS) Market by Product (Endoscopes, Ultrasound Processors, Ultrasound Needles, Probes), Type (Diagnostic, Therapeutic), Application (Oncology, GI, End User (Hospitals, Ambulatory Surgical Center) - Global Forecast to 2029

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