The global Bronchoscopes Market size is expected to reach USD 29.6 billion by 2025, according to a new report by Grand View Research, Inc., at an 8.3% CAGR during the forecast period. Demand for bronchoscopes is increasing due to rising prevalence of respiratory diseases, favorable reimbursement policies, and technological advancements.
Increasing
prevalence of respiratory diseases is the primary factor resulting in high
demand for bronchoscopes. According to the World Cancer Research Fund
International, around 58.0% of lung cancer cases in 2012 occurred in less
developed countries.
Some
of the companies in the market are Teleflex Incorporated, Olympus Corporation,
Ambu A/s, Karl Storz, Fujifilm Holdings Corporation, Boston Scientific
Corporation, and Cogentix Medical.
Related Press
Release@ Bronchoscopes Market Report
Bronchoscopes Market Report Highlights
- Increasing
prevalence of respiratory diseases, favorable government policies, and
growing geriatric population is primarily driving the market
- Reusable
bronchoscopes capturedthe largest market share in terms of usage in 2016,
while flexible bronchoscopes accounted for dominant share by type. This
can be attributed to the many advantages they offer, such as multi-usage
and cost effectiveness in hospitals
- North
America is the dominant market, followed by Europe. Presence of large
number of players and increasing prevalence of lung cancer are the prime
factors responsible regional growth
- Key players
in the market include Teleflex Incorporated, Olympus Corporation, Fujifilm
Holdings Corporation, Boston Scientific Corporation, and Cogentix Medical.
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Bronchoscopes Market Segmentation
Grand
View Research has segmented the global bronchoscopes market on the basis of
use, type, and region:
Bronchoscopes Use Outlook (Revenue, USD Million, 2014 -
2025)
- Reusable
- Disposable
Bronchoscopes Type Outlook (Revenue, USD Million, 2014 -
2025)
- Rigid
- Flexible
- Video
- Fiberoptic
- Hybrid
Bronchoscopes Regional Outlook (Revenue, USD Million,
2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Netherlands
- Switzerland
- France
- Russia
- Spain
- Sweden
- Asia Pacific
- China
- India
- Japan
- Indonesia
- South Korea
- Thailand
- Malaysia
- Singapore
- Australia
- Philippines
- Latin
America
- Mexico
- Brazil
- Argentina
- MEA
- Turkey
- South
Africa
- Saudi
Arabia
- Nigeria
- Iran
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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