Gastroenterology Disposables Market Share

On the basis of geographical analysis, the global gastroenterology disposables market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Asia Pacific industry is likely to hold largest revenue share by 2036, backed by growing technological advancements in the healthcare sector, and large patient pool in the region. Moreover, the market in the North America region is anticipated to gain the largest market share throughout the forecast period ascribing to the high healthcare expenditure, and well-established medical infrastructure in the region. According to the Centers for Medicare & Medicaid Services (CMS), the health spending in the United States grew by 9.7% in 2020, reaching a value of USD 4.1 trillion, or USD 12,530 per person. In addition, strong presence of prominent market players is also projected to boost the market growth in the region in the coming years.

Frequently Asked Questions (FAQ)

Gastroenterology Disposables Market size is poised to grow at over 14.2% CAGR during the forecast period i.e., between 2024-2036.

The market growth is driven by increasing cases of infectious diseases across the globe, and growing prevalence of diseases associated with the digestive system.

Asia Pacific industry is likely to hold largest revenue share by 2036, backed by growing technological advancements in the healthcare sector, and large patient pool in the region.

The major players in the market are Corinth MedTech, Inc., Boston Scientific Corporation, Hill-Rom Holdings, Inc., HOYA Corporation, KARL STORZ SE & Co. KG, and others.

Gastroenterology Disposables Market Share