This report focuses on bronchoscopy market which is experiencing strong growth. The report gives a guide to the bronchoscopy market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
The global bronchoscopy market is expected to grow from $2.10 billion in 2019 to $2.56 billion in 2020 at a compound annual growth rate (CAGR) of 21.9%. The growth is mainly due to the significant growth of COVID-19 cases across the globe, which require bronchoscopy devices to check the patients affected by the coronavirus that mainly targets the lungs. The market is then expected to stabilize and reach $2.70 billion in 2023 at a CAGR of 2%.
Some of the key players of Bronchoscopy Market:
- Olympus Corporation
- Karl Storz
- Fujifilm Holdings Corporation
- Ambu A/S
- Boston Scientific
- Hoya Corporation
- Richard Wolf GmbH
- Cook Medical
- Lymol Medical
- Conmed Corporation
- Verathon Inc
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The bronchoscopy market consists of sales of bronchoscopes and bronchoscopy services. Bronchoscopy is a technique for visualizing inside airways or lungs for therapeutic and diagnostic purposes. In bronchoscopy, an instrument is inserted into the airways through nose, mouth, or sometimes through a tracheostomy through which the practitioner can examine the patient’s airways for any infections.
North America was the largest region in the global bronchoscopy market in 2019. Asia Pacific is expected to be the fastest-growing region in the bronchoscopy market in the forecast period.
The bronchoscopy market covered in this report is segmented by product into bronchoscopes; imaging systems; cytology brushes; others and by application into bronchial treatment; bronchial diagnosis.
The risk of contamination of devices has been a major challenge in the bronchoscopy market. According to the center for disease control and prevention, in the USA, there are around 6.8 lakhs hospital-acquired infection cases and 72,000 hospital-acquired infection patients die. Multiple factors including contamination of devices are the reasons for hospital-acquired infection. This can be due to improper cleaning of devices or improper maintenance of the storage rooms and other factors. The risk of contamination of devices has a negative impact on the growth of the bronchoscopy market.
The single-use flexible bronchoscopes are increasingly being used to prevent the risk of contamination of devices. The single-use flexible bronchoscopes are longer and thinner tubes that allow seeing the deep areas of bronchus and are much easier to change and have a clear image of position inside the lung bronchus. The single-use flexible bronchoscopes improve safety and productivity.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Bronchoscopy Market Size
2.2 Bronchoscopy Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Bronchoscopy Market Size by Manufacturers
3.2 Bronchoscopy Key Players Head office and Area Served
3.3 Key Players Bronchoscopy Product/Solution/Service
3.4 Date of Enter into Bronchoscopy Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Bronchoscopy Sales by Product
4.2 Global Bronchoscopy Revenue by Product
4.3 Bronchoscopy Price by Product
5 Breakdown Data by End User
5.2 Global Bronchoscopy Breakdown Data by End User
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