Gastroenterology Disposables Market Size

Gastroenterology Disposables Market size is poised to grow at over 14.2% CAGR during the forecast period i.e., between 2024-2036. The growth of the market can be attributed to the increasing number of cases of infectious diseases across the globe, coupled with the growing prevalence of diseases associated with the digestive system. In 2019, more than 20% of the adult population in the United States was diagnosed with gastrointestinal conditions, whereas, about 19% adults were diagnosed with gastrointestinal disorders in EU-5 in the same year. Along with these, high risk of hospital acquired infections (HAIs), especially in developing nations, and rising technological advancements to develop sophisticated gastroenterology equipment are also expected to drive market growth in the upcoming years. Furthermore, upsurge in the number of regulatory approvals for disposable/single use medical devices is projected to offer ample growth opportunities to the market in the near future.