The global bronchoscopy market size is expected to reach USD 3,174.0 Million in 2028 and register a revenue CAGR of 5.5% over the forecast period, according to latest report by Reports and Data. Rapid revenue growth of the bronchoscopy market can be attributed to rising use of bronchoscopes to examine airways in the human body. A bronchoscope comprises mostly of a hollow metal tube with an attached fiber optic or a video camera to examine the trachea, wind pipe, and lungs. Conditions such as chronic obstructive pulmonary diseases, blockages, tumors, and bronchopulmonary hemorrhage can be examined and diagnosed with these devices.
Factors such as a rise in cases of respiratory diseases, increasing investments in product innovation, and improved reimbursement scenarios in various developed and developing countries are significantly contributing to market revenue growth. Further, growing preference for minimally invasive procedures among patients is fueling demand for bronchoscopy. However, the risk of cross-contamination might hinder bronchoscopy market’s expansion to some extent.
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The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.
Key Companies in the market include:
Olympus Corporation (Japan), KARL STORZ (Germany), Fujifilm Holdings Corporation (Japan), Ambu A/S (Denmark), Boston Scientific (US), Medtronic (Ireland), COOK Group Corporation (US), Johnson & Johnson Pvt. Ltd. (US), Hoya Corporation (Japan), and Richard & Wolf GMBH (Germany)
Market segment analysis:
Component Type Outlook (Revenue, USD Million; 2018–2028)
- Visualization System
- Other product
Usability Outlook (Revenue, USD Million; 2018–2028)
- Disposable Equipment
- Reusable Equipment
Patient Type Outlook (Revenue, USD Million; 2018–2028)
- Adult Patient
- Pediatric Patients/Neonates
End-Use Material Outlook (Revenue, USD Million; 2018–2028)
- Ambulatory surgical centers and clinics
- Diagnostic centers
Application Outlook (Revenue, USD Million; 2018–2028)
- Bronchial Diagnosis
- Bronchial Treatments
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Regional analysis further covers a country-wise analysis to offer insights into key trends and demands in each major country that might affect the growth of the market in the region.
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Key Features of the Global Bronchoscopy Market Report:
- Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
- Identification and analysis of significant trends and factors driving revenue growth of the market
- Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
- Assessment of each market segment along with their growth trends and market revenue contribution
- Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
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