Bronchoscopes Market Size by Segments, Share, Regulatory, Reimbursement, Procedures, Installed Base and Forecast to 2033
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Bronchoscopes Market Report Overview
The bronchoscopes market size was $582.8 million in 2023. The market is expected to grow at a CAGR of more than 9% during 2023-2033. Bronchoscopes are minimally invasive diagnostic medical devices used to examine the trachea and proximal bronchi. These devices are introduced at the nose or mouth to observe distal branches of the bronchi.
Bronchoscopes Market Outlook, 2023-2033 ($ Million)
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The Bronchoscopes market research report has been created to understand market behavior, which will help identify quantitative market trends in the endoscopy devices therapeutic area. It discusses in detail the impact of COVID-19 on the bronchoscopes market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $582.8 million |
CAGR (2023-2033) | >9% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Flexible Fibre Bronchoscopes
· Flexible Video Bronchoscopes · Mobile Bronchoscopes · Rigid Bronchoscopes |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · Olympus Corp
· PENTAX Medical Co · KARL STORZ SE & Co KG · Fujifilm Holdings Corp · Richard Wolf GmbH |
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Bronchoscopes Market Dynamics
Flexible Video Bronchoscopes are typically reusable, but disinfection is required to prevent the inadvertent spread of microbial pathogens from patient to patient. However, the process of disinfection is time-consuming and expensive. To get over this challenge, a single-use disposable sheath that covers the flexible bronchoscope can be used, protecting all surfaces from contamination.
Bronchoscopes Market Segments
The key segments in the bronchoscopes market are flexible fibre bronchoscopes, flexible video bronchoscopes, mobile bronchoscopes, and rigid bronchoscopes. Flexible video bronchoscopes led the bronchoscopes market in 2023. Flexible video bronchoscopes have a flexible insertion tube or processor, which is connected to a monitor via a connector. The sub-segments of flexible video bronchoscopes include reusable flexible video bronchoscopes and single-use flexible video bronchoscopes.
Bronchoscopes Market Analysis by Segments, 2023 (%)
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Bronchoscopes Market Segmentation by Regions
The key regions in the bronchoscopes market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, Europe dominated the bronchoscopes market. All countries in the region are expected to experience more modest market growth. Mobile bronchoscopes will experience the fastest growth in most European countries while flexible video bronchoscopes will remain the most prevalent device type. The bronchoscopes market is expected to grow steadily in Europe during the forecast period with marginal limitations by the introduction of alternatives like disposable bronchoscopes.
Bronchoscopes Market Analysis by Regions, 2023 (%)
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Bronchoscopes Market - Competitive Landscape
A few of the leading companies in the bronchoscopes market are:
- Olympus Corp
- PENTAX Medical Co
- KARL STORZ SE & Co KG
- Fujifilm Holdings Corp
- Richard Wolf GmbH
Olympus Corp dominated the market in 2023.
Bronchoscopes Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Bronchoscopes Segments Outlook (Value, $ Million, 2015-2033)
- Flexible Fibre Bronchoscopes
- Flexible Video Bronchoscopes
- Reusable Flexible Video Bronchoscopes
- Single-Use Flexible Video Bronchoscopes
- Mobile Bronchoscopes
- Rigid Bronchoscopes
Bronchoscopes Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East & Africa
Key Inclusions
Currently marketed Bronchoscopes and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Bronchoscopes market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Bronchoscopes market.
- Competitive dynamics insights and trends provided for the Bronchoscopes market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Olympus Corp, Hoya Corp, KARL STORZ SE & Co KG, Fujifilm Holdings Corp, Richard Wolf GmbH, Ambu A/S, Boston Scientific Corp, Roper Technologies Inc, NeoScope Inc, and others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for –
- CMO executives who must have deep understanding of the Bronchoscopes marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Bronchoscopes market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Bronchoscopes market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Bronchoscopes market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Bronchoscopes market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
PENTAX Medical Co
KARL STORZ SE & Co KG
Fujifilm Holdings Corp
Richard Wolf GmbH
Ambu Inc
Boston Scientific Corp
Verathon Inc
NeoScope Inc
Others
Frequently asked questions
-
What was the bronchoscopes market size in 2023?
The bronchoscopes market size was $582.8 million in 2023
-
What will the bronchoscopes market growth rate be during the forecast period?
The bronchoscopes market is expected to grow at a CAGR of more than 9% during 2023-2033.
-
Which region dominated the bronchoscopes market in 2023?
Europe dominated the overall bronchoscopes market in 2023.
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Which segment led the bronchoscopes market in 2023?
Flexible video bronchoscopes led the bronchoscopes market in 2023.
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Which are the leading companies in the bronchoscopes market?
A few of the leading companies in the bronchoscopes market are Olympus Corp, PENTAX Medical Co, KARL STORZ SE & Co KG, Fujifilm Holdings Corp, and Richard Wolf GmbH, among others.
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