There were 450 press releases posted in the last 24 hours and 171,663 in the last 365 days.

Global Bronchoscopy Market Forecasts to 2024: Lucrative Opportunities in Emerging Economies' Growing Healthcare Markets

/EIN News/ -- Dublin, Jan. 14, 2020 (GLOBE NEWSWIRE) -- 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's offering.

The global bronchoscopy market is projected to reach USD 2.6 billion by 2024 from an estimated USD 2 billion in 2019, at a CAGR of 5.9% during the forecast period.

Report Scope

  • This report analyzes the bronchoscopy market and aims at estimating the market size and future growth potential of this market based on various segments such as product, application, working channel diameter, usability, patient age, end-user, and region.
  • The report also includes competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

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.

Prominent players in the global bronchoscopy market include Olympus Corporation (Japan), KARL STORZ (Germany), Ambu A/S (Denmark), Boston Scientific (US), Ethicon (US), Fujifilm Holdings Corporation (Japan), Medtronic (Ireland), and HOYA Corporation (Japan).

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.

Key Topics Covered

1 Introduction

2 Research Methodology

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
5.1.1 Market Consolidation
5.1.2 High Cost of Repair and Reprocessing of Reusable Bronchoscopes
5.1.3 Growth in Robotic Bronchoscopy
5.2 Regulatory Assessment
5.2.1 North America US Introduction Class II Medical Devices US: Regulatory Approval Timeline Assessment Stringent FDA Regulations Governing Product Approvals Canada Introduction Canada: Regulatory Approval Timeline Assessment Health Canada Classification
5.2.2 Europe Introduction European Medical Device Classification Europe: Regulatory Approval Timeline Assessment Possible Increase in Stringency in the European Regulatory Process
5.2.3 Asia Pacific Japan Introduction PDMA Device Classification Japan: Regulatory Approval Timeline Assessment China Introduction CFDA Device Classification China: Regulatory Approval Timeline Assessment India Introduction Indian Medical Devices Classification Australia Introduction TGA Device Classification Australia: Regulatory Approval Timeline Assessment
5.2.4 Latin America Brazil Mexico

6 Market Overview
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers Rising Prevalence of Respiratory Diseases Growing Demand for Minimally Invasive Surgery Growing Hospital Investments in Bronchoscopy Facilities Technological Advancements
6.2.2 Opportunities Growing Healthcare Markets in Emerging Economies
6.2.3 Challenges Dearth of Trained Physicians and Pulmonologists
6.2.4 Burning Issues Product Recalls

7 Bronchoscopy Market, By Product
7.1 Introduction
7.2 Bronchoscopes
7.2.1 Flexible Bronchoscopes Flexible Bronchoscopes are the Most Widely Adopted Bronchoscopes
7.2.2 Rigid Bronchoscopes Complications Associated With Rigid Bronchoscopy to Limit Its Adoption
7.2.3 Ebus Bronchoscopes Ebus Bronchoscopes to Register Steady Growth During the Forecast Period
7.3 Imaging Systems
7.3.1 Video Processors Video Processors to Register the Highest Growth During the Forecast Period
7.3.2 Light Sources Light Sources are Essential Components of Bronchoscopy Visualization Systems
7.3.3 Camera Heads Technological Advancements Will Support the Growth of This Market Segment Single-Chip Cameras 3-Chip Cameras HD Cameras 3D Cameras 4K Camera Heads
7.3.4 Wireless Displays & Monitors Wireless Displays & Monitors are Essential in Diagnostic and Therapeutic Procedures
7.3.5 Other Components
7.4 Accessories
7.4.1 Cytology Brushes Cytology Brushes are Used to Collect Cell Samples From the Bronchus
7.4.2 Transbronchial Aspiration Needles Transbronchial Aspiration Needles are Projected to Witness the Highest Growth in the Forecast Period
7.4.3 Biopsy Forceps Biopsy Forceps Aid in Diagnosing Malignant and Nonmalignant Disorders
7.4.4 Biopsy Valves Biopsy Valves are Majorly Designed for Single-Use, Which Eliminates the Need for Manual Cleaning and Reprocessing
7.4.5 Cleaning Brushes Stringent Regulations for Cleaning Bronchoscopes is Driving the Market for Cleaning Brushes
7.4.6 Mouthpieces Growing Number of Bronchoscopy Procedures Performed Will Support the Adoption of This Product Segment
7.4.7 Other Accessories
7.5 Other Bronchoscopy Equipment

8 Bronchoscopy Market, By Application
8.1 Introduction
8.2 Bronchial Treatment
8.2.1 Bronchial Treatment Accounts for the Largest Share of the Market, By Application
8.3 Bronchial Diagnosis
8.3.1 Increasing Number of Diagnostic Procedures Will Drive Market Growth

9 Bronchoscopy Market, By Usability
9.1 Introduction
9.2 Reusable Bronchoscopes
9.2.1 Reusable Bronchoscopes Account for the Largest Share of the Market
9.3 Disposable Bronchoscopes
9.3.1 Disposable Bronchoscopes Will Grow at the Highest Rate During the Forecast Period

10 Bronchoscopy Market, By Patient Age
10.1 Introduction
10.2 Adult Patients
10.2.1 High Prevalence of Chronic Respiratory Diseases in Adult Patients - Major Factor Driving Market Growth
10.3 Pediatric Patients/Neonates
10.3.1 Improving Healthcare Infrastructure in Developing Countries Will Support the Growth of This Segment

11 Bronchoscopy Market, By Working Channel Diameter
11.1 Introduction
11.2 2.8 mm
11.2.1 2.8 mm Segment Accounts for the Largest Share of the Market
11.3 2.2 mm
11.3.1 These Bronchoscopes are Mainly Used in Pediatric Patients
11.4 3.0 mm
11.4.1 Possibility of Patient Discomfort Associated With 3.0 mm-Diameters May Limit the Growth of This Segment
11.5 Other Working Channel Diameters

12 Bronchoscopy Market, By End User
12.1 Introduction
12.2 Hospitals
12.2.1 in 2018, the Hospitals Segment Accounted for the Largest Market Share
12.3 Ambulatory Surgery Centers/Clinics
12.3.1 Growing Number of Ascs is Expected to Increase the Demand for Bronchoscopy Equipment

13 Bronchoscopy Market, By Region
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia-Pacific
13.5 Rest of the World

14 Competitive Landscape
14.1 Introduction
14.2 Market Share Analysis
14.3 Competitive Leadership Mapping (Overall Market) (2018)
14.3.1 Visionary Leaders
14.3.2 Innovators
14.3.3 Dynamic Differentiators
14.3.4 Emerging Companies
14.4 Competitive Scenario
14.4.1 Key Developments in the Endoscopy Market
14.4.2 Key Product Launches
14.4.3 Key Acquisitions
14.4.4 Key Expansions

15 Company Profiles
15.1 Olympus Corporation
15.2 Karl Storz
15.3 Ambu A/S
15.4 Boston Scientific
15.5 Ethicon
15.6 Fujifilm Holdings Corporation
15.7 Medtronic
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.

For more information about this report visit

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

         Laura Wood, Senior Press Manager
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

Primary Logo

Distribution channels: Culture, Society & Lifestyle, Science

EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.