Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 379.20 Million | USD 559.57 Million | 6.70% | 2021 |
FrequentlyAsked Questions
The to the growth of the endoscopic market are gastrointestinal (GI) bleeding disorders such as and pancreatic inflammatory bowel and gastroesophageal reflux disease (GERD), and and gastrointestinal population.
According to the report, the global endoscopic clips market size was worth 379.20 (USD million) in 2021 and is predicted to grow to 559.57 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 6.70 percent.
North America is expected to dominate the market throughout the forecast period. The is due to arterial bleeding patients and in the United which holds the largest market share due to huge patient population. In addition, several such as direct reimbursement policies and the availability of advanced may favor outstanding market share during the forecast period.
Some of the main competitors dominating the global endoscopic clips market include - Cook Endoscopy, Olympus America, Boston Scientific Corporation, CONMED Corporation, Medtronic, and Ovesco Endoscopy AG.
During endoscopic treatments, small metal or plastic devices known as endoscopic clips are utilised to clip off or block off areas of tissue or blood vessels. They are typically administered by a physician using a flexible endoscope, which is a type of endoscope that is equipped with a light source and a little camera at its tip. This provides the physician with the ability to see the area that is being treated.
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