Rapid Growth Predicted for Endoscopic Closure Systems Market with a 6.4% CAGR Through 2033
The global endoscopic closure systems market is poised for substantial growth, with an expected increase from USD 308.3 million in 2023 to USD 573.3 million by 2033, representing a compound annual growth rate (CAGR) of 6.4% during the forecast period from 2024 to 2033. This growth is driven by several key factors, including the rising adoption of minimally invasive surgeries, technological advancements in endoscopic procedures, and the increasing prevalence of gastrointestinal and cardiovascular conditions requiring endoscopic interventions. Minimally invasive procedures are favored due to their benefits, such as reduced recovery times and lower risks of complications. This trend significantly boosts…
- Date: May 28, 2024
- Author: Robert Shaw
- Category: PharmiWeb