Global Bronchoscopes Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028
“Global Bronchoscopes Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global bronchoscopes market report has been segmented on the basis of modality, usage, applications, end user, and region.
Global bronchoscopes Market: Overview
Bronchoscopy is an endoscopic technique used for visualizing inside of patient’s airways for diagnostic and therapeutic purposes. The instrument is inserted into airways mainly through nose or mouth. This aids practitioner to examine patient's airways for diagnosis of foreign bodies, bleeding, tumors, or inflammation. The manufacturing of bronchoscopes varies from rigid metal tubes with attached lighting devices to flexible optical fiber instruments with real-time video equipment. A video bronchoscope uses a charge-coupled device located at distal tip of scope in order to sense and transmit images, replacing image guide and eyepiece. These images can be recorded, printed, stored on digital media, or transmitted to another location for simultaneous viewing.
Global Bronchoscopes Market: Dynamics
Rapid industrialization in developed and developing countries and technological advancements in devices by major players for diagnostic and therapeutic application are major factors expected to drive growth of the global bronchoscopes market. In addition, increasing demand for bronchoscopes, owing to increasing prevalence of respiratory diseases is another factor expected to support growth of the target market to certain extent.
Moreover, increasing government expenditure on healthcare sector, coupled with, developing reimbursement policies are some other factors expected to further support growth of the target market over the forecast period. In addition, growing geriatric populations across the globe suffering from various diseases such as blockages, chronic obstructive pulmonary diseases (COPD), bronchopulmonary hemorrhage, tumors, and airway stenosis is resulting in growing demand for bronchoscopes by hospitals is another factor expected to further support growth of the market.
However, increasing incidences of infection through rescue of bronchoscopes is resulting in anxiety issues related to use of devices is a major factor expected to hamper growth of the global bronchoscopes market. In addition, lack of skilled professionals is another factor expected to limit growth of the target market to certain extent.
Increasing investment by major players for technological advancements is expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period. In addition, expansion activities through mergers and agreements in order to increase revenue share in expected to further support growth of the target market to certain extent.
Global Bronchoscopes Market: Segment
Among the modality segments, the flexible segment is expected to dominate in the target market over the forecast period.
Among the application segments, the hospital segment is expected to dominate in the target market over the forecast period.
Global Bronchoscopes Market: Region
The markets in North America and Europe are expected to contribute significant revenue shares in the global bronchoscopes market. This can be attributed to increasing patient pool suffering from respiratory diseases, favorable reimbursement policies, and presence of major players operating in the target market across various countries in this region. In addition, increasing merger and acquisition activities between regional and international players is expected to further support growth of the target market in this region.
The market in Asia Pacific is expected to witness faster growth, owing to increasing government expenditure on healthcare sector, rising geriatric population suffering from airway stenosis, and presence of prominent player operating in the emerging economies in this region.
Global Bronchoscopes Market Segmentation
Segmentation by modality
- Fiber optic
Segmentation by Usage
Segmentation by application
- Bronchial Diagnosis
- Bronchial Treatment
Segmentation by end user
- Outpatient Centers
Segmentation by region
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Fujifilm Holdings Corporation
- Olympus Corporation
- Ambu A/s
- KARL STORZ GmbH & Co. KG
- Teleflex Incorporated
- Cogentix Medical, Inc.
- Boston Scientific Corporation
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