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The bronchoscopy market size is forecast to increase by USD 1.08 billion, at a CAGR of 7.08% between 2023 and 2028. Bronchoscopy, a diagnostic procedure used to examine the airways of the lungs, has experienced significant technological advancements, enhancing its utility and accuracy. These innovations include high-definition cameras, radial endobronchial ultrasound, and electromagnetic navigation systems. The increasing prevalence of lung cancer and pulmonary diseases necessitates early and precise diagnosis, making bronchoscopy an essential tool in modern medicine. Moreover, the expanding applications of bronchoscopy extend beyond cancer diagnosis, including the detection of interstitial lung diseases, sleep disorders, and infectious diseases. This fusion of technology and medical necessity underscores the importance of bronchoscopy in the healthcare landscape.
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The market is a significant segment of the healthcare industry, focused on diagnostic and therapeutic procedures for conditions affecting the lungs and airways. This market caters to healthcare providers and their patients, utilizing advanced bronchoscopes to examine the windpipe, trachea, and lungs. These medical devices, comprised of a tube with a camera and light, enable pulmonologists to obtain tissue samples from the lung tissue, mucus, lymph nodes, or tumor. Bronchoscopies are typically outpatient procedures, often preceded by a numbing spray for patient comfort. The procedure involves the insertion of a rigid or flexible bronchoscope through the nose or mouth, down the windpipe, and into the lungs. After the examination, patients may undergo chest X-rays for further evaluation and recovery. Complications from bronchoscopies are rare but can include bleeding, infection, damage to the vocal cords, or an allergic reaction to medication or anesthesia. With advancements in bronchoscope technology, these risks are continually being minimized. The market for bronchoscopes is expected to grow due to the increasing prevalence of lung conditions, such as chronic obstructive pulmonary disease (COPD) and lung cancer, driving demand for early diagnosis and treatment.
Technological advances in bronchoscopy is notably driving market growth. The bronchoscopy market has witnessed significant growth due to the increasing prevalence of respiratory diseases such as fever and pneumonia. Advanced bronchoscopes with smaller outer diameters and integrated ultrasound probes facilitate precise diagnosis and biopsy of central and peripheral pulmonary lesions, including collapsed lung.
Thus, such innovations enable bronchoscopy professionals to bypass vascular structures, ensuring safer procedures. Three-dimensional (3D) reconstruction technology, a recent advancement, offers virtual bronchoscopy (VB), allowing for a preview of the procedure before actual execution. Navigational bronchoscopy targets peripheral pulmonary lesions, improving the accuracy of diagnosis and treatment in hospital. These advancements contribute to better patient outcomes and earlier interventions. Thus, such factors are driving the growth of the market during the forecast period.
Growing interest in transbronchial cryobiopsy (TBCB) is the key trend in the market. Transbracheal bronchoscopy with computer-assisted biopsy (TBCB) is an advanced lung biopsy technique that is increasingly being utilized in the diagnosis of interstitial lung diseases (ILDs). Traditional methods for diagnosing ILDs involve surgical lung biopsy, which carries a significant risk of complications such as fever, pneumonia, bleeding, and collapsed lungs. These risks have led medical professionals to explore less invasive alternatives. TBCB offers several advantages over surgical lung biopsy.
Also, they avoid the crush artifact that can occur with conventional transbronchial forceps biopsy, providing larger and more representative specimens for histopathologic analysis. Furthermore, TBCB reduces the median time of hospitalization and mortality rate compared to surgical lung biopsy. This technology is a valuable tool for hospitals in improving patient outcomes and reducing healthcare costs associated with ILD diagnosis. Thus, such trends will shape the growth of the market during the forecast period.
The high cost of bronchoscopy is the major challenge that affects the growth of the market. The bronchoscopy market encompasses the sale and usage of devices and procedures employed for diagnosing and treating respiratory conditions such as fever, pneumonia, collapsed lungs, and bleeding. The cost associated with bronchoscopy devices and procedures can be substantial. The price tag on these devices varies based on their features and technological advancements.
For instance, a portable, flexible video bronchoscope can cost around USD 15,500. However, the expense does not end with the initial purchase. Reusable bronchoscopes necessitate additional costs for repairs, reprocessing, and maintenance, which can range from USD 100 to USD 300 per procedure. Furthermore, healthcare facilities, particularly hospitals, must invest in training their staff to handle and reprocess bronchoscopes effectively and perform advanced procedures. These costs add to the financial burden for end-users. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. The market forecast report focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The bronchoscopes segment is estimated to witness significant growth during the forecast period. A bronchoscope is a vital diagnostic tool used by healthcare providers to examine the lungs and airways, specifically the windpipe, trachea, and bronchi. This instrument, which comes in the form of a tube with a camera and light, is inserted through the nose or mouth, or occasionally through a tracheostomy. The bronchoscope enables doctors to assess lung conditions, collect tissue samples, and diagnose issues such as tumors, infections, or mucus buildup in the lungs. Two types of bronchoscopes are commonly used: rigid and flexible. Rigid bronchoscopes, as the name suggests, are rigid tubes with a camera and light, typically used for major procedures requiring biopsies or stent placements. Flexible bronchoscopes, on the other hand, are more versatile and can navigate the complex curves of the airways. They come in two forms: flexible fiberscopes and videoscopes.
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The bronchoscopes segment accounted for USD 1.23 billion in 2018. Flexible fiberscopes have been the standard choice for healthcare providers for decades, but their use is declining due to the emergence of flexible videoscopes. Flexible videoscopes offer enhanced visualization and versatility, making them increasingly popular. However, in emerging economies where costs are a significant concern, flexible fiberscopes continue to hold a strong presence. A bronchoscopy procedure typically involves the use of a sedative or general anesthesia, and the patient may undergo a chest X-ray or CT scan before the procedure for better diagnosis. Recovery time varies, and complications such as infection, sore throat, hoarseness, or damage to the vocal cords are possible. A medical team is always present during the procedure to ensure the patient's safety and provide necessary medication and anesthesia.
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North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The Bronchoscopy Market involves the use of a bronchoscope, a medical device consisting of a tube with a camera and light, to examine the lungs and airways. Healthcare providers perform this diagnostic procedure on patients with lung conditions, such as tumors, infections, or blockages in the windpipe, trachea, or bronchi. The bronchoscope is inserted through the nose or mouth, passing through the throat and vocal cords, to reach the lungs. Tissue samples can be taken for biopsy or mucus can be removed for analysis. Complications include infection, sore throat, hoarseness, and damage to the vocal cords or lung tissue. A tube may be left in place to keep the airways open, and medication and anesthesia are used to ensure patient comfort during the procedure. The medical team closely monitors the patient during and after the procedure for a quick and safe recovery.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
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Title: Bronchoscopy Market: An In-depth Analysis of the Procedure, Equipment, and Applications Bronchoscopy is a diagnostic medical procedure used to examine the lungs and airways. The procedure involves the use of a bronchoscope, a tube equipped with a camera and light, which is inserted through the nose or mouth, passing through the windpipe and trachea, to reach the lungs. Healthcare providers perform bronchoscopies to investigate lung conditions such as tumors, infections, and mucus build-up. Two types of bronchoscopes are commonly used: rigid and flexible. Rigid bronchoscopes are used for major procedures requiring tissue samples or the insertion of stents. Flexible bronchoscopes, on the other hand, are used for biopsies and examining the smaller airways. The procedure can be performed as an outpatient procedure, with the patient under sedative or general anesthesia. Bronchoscopy aids in the diagnosis of various lung conditions, including tumors, lymph node enlargement, and lung infections.
During the procedure, doctor may take tissue samples for further analysis or administer medication directly to the affected area. Recovery time varies, and complications include sore throat, hoarseness, and infection. The medical team performing the procedure includes a pulmonologist, anesthesiologist, and nursing staff. The procedure may be preceded by a chest X-ray or CT scan for better diagnosis. The bronchoscope's tube and camera are essential components, allowing doctors to visualize the lungs and airways closely test results. The procedure can also be used to remove foreign objects, treat vocal cord lesions, and insert stents for obstructed airways.
Market Scope |
|
Report Coverage |
Details |
Page number |
140 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.08% |
Market growth 2024-2028 |
USD 1.08 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.49 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 45% |
Key countries |
US, Germany, UK, China, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Ambu AS, Boston Scientific Corp., Cook Group Inc., EFER ENDOSCOPY, EMOS Technology GmbH, FUJIFILM Corp., Genuine Medica Pvt. Ltd., HOYA CORP., Hunan Vathin Medical Instrument Co. Ltd., Jiangsu Mole ELectronics Technology Co. Ltd., KARL STORZ SE and Co. KG, Medi-Globe GmbH, Medtronic Plc, Nipro Corp., Olympus Corp., Richard Wolf GmbH, Roper Technologies Inc., Teleflex Inc., VBM Medizintechnik GmbH, and Zhuhai Kaden Medical Imaging Technology Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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