The Europe endoscopic retrograde cholangiopancreatography devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2021 to 2028 and is expected to reach USD 815.43 million by 2028 from USD 552.96 million in 2020. The high prevalence of pancreatic and biliary diseases is likely to be the major driver that propels the market's demand in the forecast period.
The high prevalence of pancreatic and biliary diseases, established healthcare infrastructure, adoption of advanced technology by market players among other factors are driving the growth of the market in European region. However, the high cost of medical devices may restrain the growth of ERCP devices market. The increasing awareness of people towards their health and fitness is acting as opportunity for the growth of the market. The side effects associated with procedure may act as challenge for the market.
The Europe 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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Europe is expected to grow with a CAGR of 5.4% in the forecasted periods as in the European countries; the demand for ERCP devices is increasing very rapidly with increasing healthcare infrastructure. Germany is expected to dominate in the market in Europe market owing to advanced healthcare infrastructure and big players are operating in the region.
The major companies providing the Europe 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, Medi-Globe GmbH, STERIS, Shaili Endoscopy, Hospiline Equipments among others.
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