Bronchoscopes Market | Leading Segments, Trends, Drivers and Challenges
Endoservice GmbH, FUJIFILM Holdings Corp., HOYA Corp., HUGER Medical Instrument Co. Ltd., KARL STORZ SE and Co. KG, and Teleflex Inc. are some of the key vendors discussed in the report
Global bronchoscopes market is likely to post an incremental growth of $ 882.88 million, accelerating at a CAGR of 6.82% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.
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Bronchoscopes Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Product (Flexible bronchoscopes and Rigid bronchoscopes) and Geography (North America, Europe, Asia, and ROW).
- Growth by the flexible bronchoscopes segment will be significant during the forecast period. The flexible bronchoscope is integrated with ultrasound technology to enable it to perform lung cancer staging by gaining access to several lymph node stations in the mediastinum.
- 34% of the market growth will originate from North America during the forecast period. The US and Canada are the key markets for bronchoscopes market in North America. However, market growth in this region will be slower than the growth of the market in regions where the market is expected to gather momentum.
- This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Bronchoscopes Market size.
Bronchoscopes Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Technological advances in bronchoscopy will be a significant factor in driving the growth of the Bronchoscopes Market. These bronchoscopes enable accurate localization and biopsy of central and peripheral pulmonary lesions while bypassing vascular structures. For instance, advancements in computational processing allow three-dimensional (3D) reconstruction to enable virtual bronchoscopy (VB). Cryotherapy is another emerging therapeutic and diagnostic tool used during bronchoscopy. Thus, the above rapid technological advances are resulting in a growing interest in peripheral bronchoscopy among pulmonologists.
- Increasing prevalence of lung cancer and pulmonary diseases will be instrumental in driving market growth during the forecast period.
- High cost of bronchoscopy is a hurdle that needs to be crossed on the path to success. However, the benefits outweigh the expense of the equipment.
Bronchoscopes Market: Vendor Analysis
- The market is fragmented.
- Ambu AS, Clarus Medical LLC, EFER ENDOSCOPY, Endoservice GmbH, FUJIFILM Holdings Corp., HOYA Corp., HUGER Medical Instrument Co. Ltd., KARL STORZ SE and Co. KG, Olympus Corp., and Teleflex Inc. are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Bronchoscopes Market Split by Product
- Flexible bronchoscopes
- Rigid bronchoscopes
- Bronchoscopes Market Split by Geography
- North America
- Europe
- Asia
- ROW
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Ambu AS
- Clarus Medical LLC
- EFER ENDOSCOPY
- Endoservice GmbH
- FUJIFILM Holdings Corp.
- HOYA Corp.
- HUGER Medical Instrument Co. Ltd.
- KARL STORZ SE and Co. KG
- Olympus Corp.
- Teleflex Inc.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 6.82%.
- What is the incremental growth of the market?
The market is expected to grow by $ 882.88 mn through 2021-2025.
- What is a key factor driving this market?
Technological advances in bronchoscopy will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, Asia, and ROW are the key regions featured in this research report.
- Which is the leading geographic region for this market:
34% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Ambu AS, Clarus Medical LLC, EFER ENDOSCOPY, Endoservice GmbH, FUJIFILM Holdings Corp., HOYA Corp., HUGER Medical Instrument Co. Ltd., KARL STORZ SE and Co. KG, Olympus Corp., and Teleflex Inc.
- What are the market segments covered in this report?
The market is segmented by Product (Flexible bronchoscopes and Rigid bronchoscopes) and Geography (North America, Europe, Asia, and ROW)
