DUBLIN--(BUSINESS WIRE)--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" report has been added to ResearchAndMarkets.com's offering.
The bronchoscopy market projected to grow at a CAGR of 5.9% during the forecast period (2019-2024).
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 hospitals 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:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
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
6.2 Market Dynamics
7 Bronchoscopy Market, By Product
7.3 Imaging Systems
7.5 Other Bronchoscopy Equipment
8 Bronchoscopy Market, By Application
8.2 Bronchial Treatment
8.3 Bronchial Diagnosis
9 Bronchoscopy Market, By Usability
9.2 Reusable Bronchoscopes
9.3 Disposable Bronchoscopes
10 Bronchoscopy Market, By Patient Age
10.2 Adult Patients
10.3 Pediatric Patients/Neonates
11 Bronchoscopy Market, By Working Channel Diameter
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
12.3 Ambulatory Surgery Centers/Clinics
13 Bronchoscopy Market, By Region
13.2 North America
13.4 Asia Pacific
13.5 Rest of the World
14 Competitive Landscape
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
15.6 Fujifilm Holdings Corporation
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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