The Asia-Pacific endoscopic retrograde cholangiopancreatography devices market is expected to grow in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2021 to 2028 and is expected to reach USD 689.77 million by 2028 from USD 418.33 million in 2020. The high prevalence of pancreatic and biliary diseases is likely to be the major drivers that propel the market's demand in the forecast period.
The high prevalence of pancreatic and biliary diseases, increasing research and development by key industry players for the development of innovative devices, support by the government, and increasing healthcare infrastructure are driving the market's growth. However, the stringent government approval for new devices may act as a restraint for the market's growth. The advanced methodologies present in the field also act as an opportunity for the global endoscopic retrograde cholangiopancreatography devices market. The side effects associated with the procedure are acting as a challenge for the market.
The Asia-Pacific endoscopic retrograde cholangiopancreatography devices market report provides details of market share, new developments, and impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.
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The countries covered in the Asia-Pacific endoscopic retrograde cholangiopancreatography devices market report are Japan, China, India, South Korea, Australia, Singapore, Indonesia, Philippines, and Rest of Asia-Pacific.
Asia-Pacific is expected to grow with the highest CAGR in the forecasted periods. In Asia-Pacific countries, there is a surge in pancreatic and biliary diseases with increasing healthcare infrastructure. Japan is expected to dominate in the market in the Asia-Pacific market. Japan is one of the leading countries to inculcate the endoscopic retrograde cholangiopancreatography devices market.
The major companies providing the Asia-Pacific endoscopic retrograde cholangiopancreatography devices are Olympus Corporation, Boston Scientific Corporation, Medtronic, BD, Ambu Inc., CONMED Corporation, HOBBS MEDICAL INC., FUJIFILM Corporation, TeleMed Systems Inc., Merit Medical Systems, Cook, KARL STORZ SE & Co. KG, Johnson & Johnson Services, Inc., HOYA Corporation, STERIS, Shaili Endoscopy, Hospiline Equipments among others.
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