Disposable Bronchoscopes Market Growth & Trends
The global disposable bronchoscopes market size is expected to reach USD 1.3 billion by 2028, registering a CAGR of 13.4% over the forecast period, according to a new report by Grand View Research, Inc. Growing incidence of chronic respiratory disorders, such as COPD, lung stenosis, lung cancer, tumors, bronchitis, pneumonia, and lung infections, is the factor driving the market. Moreover, the growing demand for same-day surgeries or minimally invasive procedures due to shortened hospitalization, quicker recovery, and reduced postoperative care is driving the growth. The growing awareness levels about product benefits, such as reduced infection and contamination rate, are positively impacting the growth.
Disposable Bronchoscopes Market Segmentation
Grand View Research has segmented the global disposable bronchoscopes market based on end-use and region:
Based on the End-use Insights, the market is segmented into Hospitals, Clinics, Diagnostic Centers.
- In 2021, the hospital's segment accounted for the highest market share of 47.4% owing to the significant product adoption & utilization rate in hospitals compared to other healthcare facilities. In addition, the growing favorable reimbursement policies and advancing healthcare infrastructure in developed & emerging economies are driving the segment growth. Hospitals are regarded as the primary health systems across several countries and account for the highest number of procedures & surgeries, which also drives the segment growth. Growing awareness levels about contamination risks and hospital-acquired infections associated with reusable devices are contributing to the high product demand in hospitals.
- On the other hand, the clinics' segment is anticipated to register the fastest CAGR over the forecast years. Cost-effectiveness associated with disposable bronchoscopes compared to reusable devices is driving the adoption rate of these devices in clinics. Shortened procedure time, minimal discomfort, enhanced patient satisfaction, reduced postoperative care, and quicker recovery time are among the other benefits driving the adoption of these devices in clinics. Moreover, the growing trend of same-day surgeries is expected to propel the growth of the clinics' segment over the forecast period.
Disposable Bronchoscopes Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Companies Profile & Market Share Insights
The market is highly competitive due to the rising product demand for diagnosing and treating several lung disorders. Advancements in the market and constant product approvals from regulatory authorities are driving the market.
Some of the prominent players operating in the global disposable bronchoscopes market include,
- Olympus Corp.
- NeoScope, Inc.
- FUJIFILM Holdings Corp.
- Stryker Corporation
- Boston Scientific Corp.
- Karl Storz GmbH & Co. KG
- Smith & Nephew, Inc.
- Richard Wolf GmbH
- PENTAX Medical
- AMBU A/S
Order a free sample PDF of the Disposable Bronchoscopes Market Intelligence Study, published by Grand View Research.
During analytic and remedial cycles, bronchoscopes are used to examine the internal pathways of the lungs.
As unbending bronchoscopes utilize metal parts, they are capable of eliminating unfamiliar bodies, while flexible bronchoscopes can be configured to permit more noteworthy passage since they use flexible optical links that enable continuous video recording.
However, bronchoscopes come in numerous types based upon the design of the ailment.
In addition to helping reach deeply derived alveoli sac illnesses, flexible bronchoscopes are also capable of performing suctioning, burning, laser resectioning of tumors, and biopsy procedures.
Cost-effective, unbending bronchoscopes are much superior to adaptable versions.
This procedure is used to assess different types of bronchopulmonary illnesses, including tumors, ongoing obstructive pneumonic illnesses, bronchopulmonary drain, aviation route stenosis, irresistible and incendiary conditions.
