The Business Research Company’s report on the Bronchoscope Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the bronchoscope market’s growth in recent years?
The rise in the prevalence of respiratory tract disorders is expected to propel the growth of the bronchoscope market going forward. Respiratory tract disorders are medical conditions that affect the respiratory system. It includes asthma, chronic obstructive pulmonary disease, pneumonia, bronchitis, cystic fibrosis, pulmonary fibrosis, and lung cancer. Bronchoscopy is a diagnostic and therapeutic tool that can be used to evaluate and treat a variety of respiratory tract disorders; thus, the rise in the prevalence of respiratory tract disorders leads to an increase in the bronchoscope market. For instance, in June 2024, according to the report published by the Australian Institute of Health and Welfare (AIHW), an Australia-based government agency, in 2023, chronic obstructive pulmonary disease (COPD) accounted for 3.6% of the total disease burden and 50% of the burden from respiratory conditions. Furthermore, 87% of COPD patients in 2022 were reported to have one or more comorbidities, with the most common being mental and behavioral conditions (49%), arthritis (45%), and asthma and back problems (42% each). Thus, the rise in the prevalence of respiratory tract disorders is expected to boost the bronchoscope market.
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How does the future projection of the bronchoscope market size compare to its historical growth?
The bronchoscope market size has grown strongly in recent years. It will grow from$2.95 billion in 2024 to $3.23 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to increasing awareness and acceptance, medical training and education, clinical applications and endobronchial interventions, demand for minimally invasive techniques, aging population dynamics
The bronchoscope market size is expected to see rapid growth in the next few years. It will grow to “$5.04 billion in 2029 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to rising respiratory disorders, growing aging population, demand for minimally invasive procedures, advancements in robotics, focus on early diagnosis. Major trends in the forecast period include miniaturization and portability, focus on patient safety and comfort, augmented reality (AR) and navigation systems, telemedicine and remote guidance, disposable bronchoscopes.
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Which key players are shaping the future of the bronchoscope market?
Major companies operating in the bronchoscope market include Ambu A/S, Boston Scientific Corporation, Cogentix Medical Inc., Cook Medical LLC, Fujifilm Holdings Corporation, Hoya Corporation, Karl Storz Endoscopy SE & Co. KG, Olympus Corporation, PENTAX Medical, Richard Wolf GmbH, Teleflex Incorporated, EFER Endoscopy Srl, Lymol Medical Corporation, Schindler Endoskopie Technology GmbH, Schölly Fiberoptic GmbH, Uptake Medical B.V., Broncus Medical Inc., Novatech SA, Shanghai AoHua Photoelectricity Endoscope Co. Ltd., Rochling Group, Stryker Corporation, NeoScope Inc., Bryan Corporation, CONMED Corporation, Laborie Medical Technologies Corp., Envision Endoscopy Inc., SonoScape Medical Corp., Verathon Inc., Medtronic plc
What trends will propel the growth and evolution of the bronchoscope market?
Major companies operating in the bronchoscope market are developing innovative products, such as slim outer diameter bronchoscopes, to enhance patient comfort, improve access to distal airways, and optimize diagnostic and therapeutic capabilities in minimally invasive procedures. Slim bronchoscopes have a narrow design, enabling easier access to smaller airways and enhancing patient comfort during procedures. For instance, in May 2024, Olympus Corporation, a Japan-based medical technology and optics company, launched bronchoscopes compatible with EVIS X1 endoscopy system. The BF-H1100 and BF-1TH1100 bronchoscopes are designed with high-definition imaging and a slim outer diameter for improved access to distal airways. The BF-H1100 boasts a 2.2mm working channel, providing an 11% increase in suction, while the BF-1TH1100 features a 3.0mm working channel with a 29% suction increase. Both models incorporate a redesigned image sensor for HDTV resolution and advanced imaging technologies, including BAI-MAC, TXI, RDI, and NBI, which enhance diagnostic accuracy in bronchoscopic procedures.
Which regions are expected to become dominant players in the bronchoscope market?
North America was the largest region in the bronchoscope market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bronchoscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the bronchoscope market, and how are they evolving?
The bronchoscope market covered in this report is segmented –
1) By Type: Rigid Bronchoscopes, Flexible Bronchoscopes
2) By Usability: Reusable Bronchoscopes, Disposable Bronchoscopes
3) By Application: Diagnosis, Treatments
4) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Rigid Bronchoscopes: Adult Rigid Bronchoscopes, Pediatric Rigid Bronchoscopes, Therapeutic Rigid Bronchoscopes
2) By Flexible Bronchoscopes: Adult Flexible Bronchoscopes, Pediatric Flexible Bronchoscopes, Video Flexible Bronchoscopes, Single-Use Flexible Bronchoscopes
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What defines the structure and scope of the bronchoscope market?
A bronchoscope refers to a medical device that is used to visualize the inside of the lungs and airways. It is a flexible or rigid tube that has a camera and a light source at its tip, which allows a physician to see the walls of the trachea, bronchi, and bronchioles. Bronchoscopes are used for both diagnostic and therapeutic purposes, such as biopsy tissue, remove foreign objects, or perform various medical procedures in the airways.
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