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12 Jul 2018
Global Surgical Tables and Lights Market to Surpass USD 1.8 Billion by 2026
The global surgical tables and lights market was valued at more than USD 1.30 billion in 2017 and is projected to grow at a CAGR of over 3.0% over 2018 to 2026 to surpass USD 1.80 billion by 2026. The demand for surgical tables and lights during the forecast period is likely to be driven by developing health care infrastructure in the emerging countries and the introduction of technologically-advanced surgical tables and lights by the market players. However, constant evolution in the surgical tables and lights segment, with the introduction of new features and designs has led to high prices of these products, thereby acting as a major restraint to the market growth.
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12 Jul 2018
Global Endoscopy Ultrasound Market to Reach USD 1 Billion by 2026
The global endoscopy ultrasound market was valued at approximately USD 650 million in 2017 and is expected to grow at a CAGR of over 5.0% from 2018 to 2026 to reach USD 1.0 billion by 2026. The market growth is being driven by an increase in the incidence of gastrointestinal (GI) cancers, rise in endoscopy ultrasound applications as a diagnostic and therapeutic tool for GI cancers and other pancreatic conditions, and growing number of new and advanced products introduced in the global market. However, the lack of training and educational programs conducted and implemented globally is leading to a shortage of adequately trained professionals who are adept at performing endoscopy ultrasound techniques. This has resulted in a gap between demand for and supply of endoscopy ultrasound procedures globally, thereby restraining market growth.
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Turkey is an attractive location for the manufacture and marketing of medical devices due to its available infrastructure and large number of healthcare institutions. Turkey’s medical device market is the largest in the Middle East and Africa, and figures among the top 20 largest in the world in value terms.
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