Monday, April 6, 2020
Breaking Medical Device Industry News

Global Bronchoscopy Market Expected to Grow with a CAGR of 5.9% During the Forecast Period, 2019-2024

Monday, April 6, 2020

The “Bronchoscopy Market by Product Bronchoscopes (Flexible, Rigid, EBUS), Imaging Systems (Monitor, Camera), Accessories, Working Channel Diameter (2.8, 2.2, 3.0), Usability (Reusable, Disposable), & End Users (Hospital, ACSs/Clinic) – Global Forecast to 2024”

The global bronchoscopy market is projected to reach USD 2.6 billion by 2024 from an estimated USD 2.0 billion in 2019, at a CAGR of 5.9% during the forecast period. The key factors driving the growth of this market include the growing demand for minimally invasive surgery, growing hospital investments in bronchoscopy facilities, and technological advancements in bronchoscopy. However, the dearth of trained physicians and pulmonologists is the major challenge for the growth of this market.

By application, the bronchial treatment segment is expected to grow at the highest CAGR during the forecast period (2019-2024).

On the basis of application, the market is segmented into bronchial treatment and bronchial diagnosis. The bronchial treatment segment commanded the largest share of the bronchoscopy market in 2018. The large share of this segment can be attributed to the rising prevalence of target diseases, which will drive the demand for bronchoscopy equipment in therapeutic procedures.

By end-user, the hospital’s segment is expected to dominate the market during the forecast period (2019-2024).

On the basis of end-user, the market is segmented into hospitals and ambulatory surgery centers/clinics. The hospitals segment accounted for the largest share of the bronchoscopy market in 2018. The large share of this segment can be attributed to the high patient preference for hospital-based treatment & procedures, availability of skilled healthcare professionals, technologically advanced facilities, and favorable reimbursement scenario.

The Asia Pacific to witness the highest growth during the forecast period (2019-2024).

The Asia Pacific market is projected to register the highest growth during the forecast period. Factors such as the presence of a well-developed healthcare system in Japan and the large patient populations and healthcare infrastructure improvements in China and India and the high prevalence of cancer in Australia are driving the growth of the bronchoscopy market in the Asia Pacific.

Reasons to Buy the Report

The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one, or any combination of the below mentioned five strategies.

This report provides insights into the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the bronchoscopy market. The report analyzes the market based on product, application, working channel diameter, usability, patient age, end-user, and region.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the bronchoscopy market.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various bronchoscopy equipment across regions.
  • Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in the bronchoscopy market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the bronchoscopy market.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency

1.5 Limitations

1.6 Stakeholders

2 Research Methodology

2.1 Research Approach

2.2 Market Size Estimation

2.3 Data Triangulation Approach

2.4 Market Share Analysis

2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights

4.1 Market Overview

4.2 North America: Bronchoscopy Market, By Product (2018)

4.3 Geographical Snapshot of the Bronchoscopy Market

5 Industry Insights

5.1 Industry Trends

5.2 Regulatory Assessment

6 Market Overview

6.1 Introduction

6.2 Market Dynamics

7 Bronchoscopy Market, By Product

7.1 Introduction

7.2 Bronchoscopes

7.3 Imaging Systems

7.4 Accessories

7.5 Other Bronchoscopy Equipment

8 Bronchoscopy Market, By Application

8.1 Introduction

8.2 Bronchial Treatment

8.3 Bronchial Diagnosis

9 Bronchoscopy Market, By Usability

9.1 Introduction

9.2 Reusable Bronchoscopes

9.3 Disposable Bronchoscopes

10 Bronchoscopy Market, By Patient Age

10.1 Introduction

10.2 Adult Patients

10.3 Pediatric Patients/Neonates

11 Bronchoscopy Market, By Working Channel Diameter

11.1 Introduction

11.2 2.8 mm

11.3 2.2 mm

11.4 3.0 mm

11.5 Other Working Channel Diameters

12 Bronchoscopy Market, By End User

12.1 Introduction

12.2 Hospitals

12.3 Ambulatory Surgery Centers/Clinics

13 Bronchoscopy Market, By Region

13.1 Introduction

13.2 North America

13.3 Europe

13.4 Asia Pacific

13.5 Rest of the World

14 Competitive Landscape

14.1 Introduction

14.2 Market Share Analysis

14.3 Competitive Leadership Mapping (Overall Market) (2018)

14.4 Competitive Scenario

15 Company Profile

15.1 Olympus Corporation

15.2 Karl Storz

15.3 Ambu A/S

15.4 Boston Scientific

15.5 Ethicon

15.6 Fujifilm Holdings Corporation

15.7 Medtronic

15.8 Hoya Corporation

15.9 Richard Wolf GmbH

15.10 Cook Medical

15.11 Conmed Corporation

15.12 Roper Technologies

15.13 Teleflex Incorporated

15.14 Lymol Medical

15.15 Laborie Medical Technologies

15.16 Other Companies

15.16.1 EFER Endoscopy

15.16.2 EMOS Technology GmbH

15.16.3 VBM Medizintechnik GmbH

15.16.4 Hunan Vathin Medical Instrument Co., LTD.

15.16.5 Machida Endoscope Co., LTD.

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