Bronchoscopy Market 2023-2030: Global Trends Analysis by Product Type, Application, End-User Industry, Region, and Competitive Landscape

The global market for bronchoscopy operations and associated equipment is referred to as the "bronchoscopy market." A bronchoscope, a flexible tube containing a camera and light source, is used during bronchoscopy, a medical procedure, to examine the lungs and airways. It is frequently used to acquire tissue samples, remove foreign objects, or treat lung diseases as well as for diagnostic and therapeutic purposes.

The Global Bronchoscopy Market size is expected to reach USD 5.2 billion and is projected to reach a CAGR of 6.5% from 2023-2030. Bronchoscopy Market by Product Type, Application (Diagnostic Bronchoscopy and Therapeutic Bronchoscopy), End-User Industry, and Region (North America, Europe, Asia-Pacific, Middle East, Africa, and South America).

Top players covered in the Bronchoscopy Market report: Olympus Corporation, Karl Storz GmbH & Co. KG, Ambu A/S, Fujifilm Holdings Corporation, Pentax Medical (Hoya Corporation), Boston Scientific Corporation, Cook Medical, Medtronic plc, CONMED Corporation, Richard Wolf GmbH, Ethicon, HOYA Corporation, Broncus Medical Inc., Roper Technologies, Teleflex Incorporated, Laborie Medical Technologies Corp., EFER Endoscopy, EMOS Technology GmbH, VBM Medizintechnik GmbH, Hunan Vathin Medical Instrument Co., Ltd., Machida Endoscope Co., Ltd., and, Others.

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A medical procedure called bronchoscopy is performed to see into the lungs and airways. It includes inserting a bronchoscope-a small, flexible tube-through the mouth or nose and advancing it into the lungs. The doctor may view the respiratory system's structures in real-time thanks to the bronchoscope's light source and camera. It includes two types of Bronchoscopies:

Flexible Bronchoscopy: The most popular kind of bronchoscope used during bronchoscopy is flexible. It is made out of a flexible tube with a camera and light at the end. The clinician can easily maneuver the flexible bronchoscope across the airways to evaluate different respiratory system components.

Rigid Bronchoscopy: A straight, stiff bronchoscope is used less commonly than a flexible bronchoscope. It frequently involves more complicated treatments and can demand general anesthesia.

A number of reasons, including technological developments, an increase in the frequency of respiratory disorders, and increased demand for less invasive treatments, have contributed to the expansion of the bronchoscopy market. Flexible, rigid, and robotic bronchoscopes, as well as related accessories and consumables, are just a few of the several types of bronchoscopes available on the market.

Workflows in the healthcare industry have been hampered by the COVID-19 pandemic throughout the world. A number of companies, including certain parts of the healthcare industry, have been forced to temporarily close their doors as a result of the sickness. The demand for numerous medical services, including bronchoscopy items like visualization & documentation systems and endoscopes, has increased negatively.

Aerosol-producing bronchoscopy has significant diagnostic and therapeutic applications. However, airway operations can place medical professionals at an elevated risk of exposure to and transmission of the coronavirus disease 2019 (COVID-19) pandemic. Various respiratory medical societies work to stratify bronchoscopy indications and improve pre-, during-, and post-procedure preparation. Furthermore, when carrying out this aerosol-generating technique, the right precautions might help reduce exposure to healthcare professionals.

Recent Developments

In 2020, Olympus introduced the ENDO-AID, an artificial intelligence (AI) platform designed to assist endoscopic procedures, including bronchoscopy. The platform aims to enhance the detection and characterization of lesions during bronchoscopic examinations.

In 2020, Medtronic launched the SuperDimension™ navigation system with its LungGPS™ technology. This system aids in the diagnosis of lung diseases and enables real-time navigation and guidance during bronchoscopic procedures.

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Scope of the Bronchoscopy Market Report:

The product type segment is further segmented into Flexible, Rigid, and Robotic. Due to their broad usage in both diagnostic and therapeutic treatments, flexible bronchoscopes dominate the market. They have benefits including higher optical skills, better manoeuvrability, and increased patient comfort. Technology developments like miniaturization and high-definition imaging are fueling the expansion of flexible bronchoscopes. In circumstances when more rigid devices are necessary or for therapeutic procedures, rigid bronchoscopes are often employed. They nevertheless play a big part in several treatments, although having a lesser market share than flexible bronchoscopes.

The application segment is further fragmented into Diagnostic Bronchoscopy and Therapeutic Bronchoscopy. The diagnostic bronchoscopy segment holds a substantial market share. The increasing prevalence of respiratory diseases, such as lung cancer and chronic obstructive pulmonary disease (COPD), drives the demand for diagnostic bronchoscopies. Early detection and accurate diagnosis of these conditions contribute to the growth of this segment. Also, Steady expansion is being seen in the therapeutic bronchoscopy market. This is due to the rise in demand for minimally invasive techniques for the treatment of different lung ailments. For specialized and focused therapies, therapeutic bronchoscopy procedures such as tumor debulking, airway dilatation, and bronchial stenting are increasingly being used.

The End-User segment is further segmented into Hospitals and Ambulatory Surgical Centers (ASCs). The majority of bronchoscopy instruments and procedures are performed in hospitals. The large market share that hospitals currently have is a result of the accessibility of cutting-edge healthcare infrastructure, knowledgeable healthcare workers, and a variety of patient groups. ASCs are seeing an increase in the use of bronchoscopy procedures. They have a number of benefits, including ease of use, lower costs, shorter hospital stays, and treatment that is more outpatient-focused. This market is expanding as a result of the transition to ambulatory care settings and the rise in bronchoscopy operations carried out in ASCs.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The North American region is expected to be the largest region in the Bronchoscopy market during the forecast period. Due largely to their developed healthcare systems, substantial healthcare spending, and sizable patient populations with respiratory disorders, North America and Europe are mature markets for bronchoscopy. Due to technological improvements and the rising demand for minimally invasive procedures, there is still room for growth.

Regional Analysis

North America to Dominate the Market

The North American region is expected to be the largest region in the Bronchoscopy market during the forecast period.

The bronchoscopy market is predicted to increase significantly in Asia Pacific. The market is expanding in this area as a result of factors such as the rising prevalence of respiratory disorders, improved healthcare infrastructure, rising healthcare spending, and more knowledge of early diagnosis and treatment choices.

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