Interventional Pulmonology Market Sees Surge in Demand from Hospitals and Specialty Clinics Amid Rising Respiratory Disorders

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Interventional Pulmonology Market- by Indication (COPD, Asthma, Lung Cancer, Tracheal & Bronchial Stenosis, and Other Indications), End-Users (Hospitals and Ambulatory Surgical Centers, Diagnostic Centers and Specialty Clinics, and Other End-Users), Products (Bronchoscopes, Electromagnetic Navigation Bronchoscopy Systems, Pleuroscopes, Respiratory Endotherapy Devices, Airway Stents, Pleural Catheters, Endobronchial Valves, and Bronchial Thermoplasty Systems), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

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According to the latest research by InsightAce Analytic, the global interventional pulmonology market is valued at 4.07 Billion in 2023, and it is expected to reach 19.37 Billion by the year 2031, with a CAGR of 7.3 % during a forecast period of 2024-2031.

Interventional pulmonology is a specialized field focused on the diagnosis and treatment of respiratory diseases-including lung cancer, thoracic malignancies, and tracheal disorders-using minimally invasive, non-surgical techniques. These procedures, primarily endoscopic in nature, involve the insertion of instruments into the body to visualize internal structures and perform targeted interventions. Interventional pulmonology addresses a variety of symptoms such as chest pain, persistent cough, and dyspnea. As a relatively recent discipline, it has experienced significant growth over the past decade, driven by technological advancements in diagnostic and therapeutic tools.

The market for interventional pulmonology is expected to witness substantial growth due to multiple factors, including an aging global population, increasing mortality from chronic obstructive pulmonary disease (COPD), rising carbon dioxide emissions, higher incidence of lung cancer, and improved public awareness of respiratory health. One of the most transformative innovations in this field is robotic bronchoscopy, which enables precise and rapid diagnosis of lung cancer through computer-assisted navigation and joystick-guided, flexible endoscopic tools. These advancements are expected to significantly benefit the global interventional pulmonology market in the coming years.

However, market expansion may be restrained by certain challenges, including the high cost of device maintenance, potential risks to patients, and barriers to entry for new market participants. Additionally, the growing use of e-cigarettes is projected to place further strain on healthcare systems. The need for improved training programs for interventional pulmonologists and the impact of product recalls also pose significant limitations to market growth.

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Geographically, North America is projected to lead the global interventional pulmonology market throughout the forecast period, supported by increasing rates of lung cancer, heightened health awareness, and the growing burden of tobacco use and air pollution. The region also benefits from stringent protocols promoting early detection and timely medical intervention. Meanwhile, the Asia Pacific region is expected to exhibit strong market growth, fueled by demographic changes, evolving disease patterns, and increasing demand for advanced respiratory care infrastructure.

Major market players operating in the Interventional Pulmonology market include
CONMED Corporation, Cook Medical, ENDO-FLEX GmbH, Fujifilm Corporation, KARL STORZ SE & Co. KG, Medtronic, Olympus Corporation, Argon Medical, Body Vision Medical Ltd., Boston Scientific Corporation, C. R. Bard, Inc. (Becton, Dickinson and Company), Pennine Healthcare, PENTAX Medical, Pulmonx Corporation, Richard Wolf GmbH, Rocket Medical plc., TAEWOONG, and Vygon.

Recent collaborations and agreements in the market:
• In December 2020, Olympus Corporation and Veran Medical Technologies, Inc. reached an agreement for the purchase. The purchase will be made by Olympus Corporation of the Americas (OCA), an Olympus affiliate. It will be the most recent in a line of tactical investments to strengthen Olympus' position as a preeminent global medical equipment manufacturer.
• In January 2019, the 12-month results of the NAVIGATE research, according to Medtronic plc, were published in the Journal of Thoracic Oncology. This is the most significant prospective multicenter trial examining electromagnetic navigation bronchoscopy (ENB) operations using the super dimension(TM) navigation system to assist in identifying, staging, and treating lung cancer. The safety and effectiveness of the Imprint(TM) Ablation Catheter with the super dimension(TM) Navigation System for Lung Ablation Procedures are being evaluated separately by Medtronic.

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Market Segments
Global Interventional Pulmonology Market, by Indications, 2022-2030 (Value US$ Mn)
• COPD
• Asthma
• Lung Cancer
• Tracheal & Bronchial Stenosis
• Other Indications
Global Interventional Pulmonology Market, by End-Users, 2022-2030 (Value US$ Mn)
• Hospitals And Ambulatory Surgical Centers
• Diagnostic Centers and Specialty Clinics
• Other End-Users
Global Interventional Pulmonology Market, by Products, 2022-2030 (Value US$ Mn)
• Bronchoscopes
• Electromagnetic Navigation Bronchoscopy Systems
• Pleuroscopes
• Respiratory Endotherapy Devices
• Airway Stents
• Pleural Catheters
• Endobronchial Valves
• Bronchial Thermoplasty Systems
Global Interventional Pulmonology Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Interventional Pulmonology Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Interventional Pulmonology Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Interventional Pulmonology Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Interventional Pulmonology Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Interventional Pulmonology Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global interventional pulmonology market
 To receive an industry overview and future trends in the Interventional Pulmonology market
 To analyze the interventional pulmonology market drivers and challenges
 To get information on the interventional pulmonology market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the interventional pulmonology market industry

Read Overview Report- https://www.insightaceanalytic.com/report/global-interventional-pulmonology-market/1268

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This release was published on openPR.