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Global Single-use Airway Diagnostic Devices Market 2019-2023

Global Single-use Airway Diagnostic Devices Market 2019-2023

Published: Feb 2019 122 Pages SKU: IRTNTR30821

Below are some of the key findings from the single-use airway diagnostic devices market analysis

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Global Single-use Airway Diagnostic Devices Industry Overview

The growing prevalence of lung disorders such as pneumonia, tuberculosis, and lung cancer mainly caused by smoke from tobacco products, air pollution, dust, occupational chemicals, and microbial infection is one of the critical reasons that will drive the single-use airway diagnostic devices market.  Patients with lung disorders suffer from pulmonary edema as it affects the air sacs. Physicians examine the larynx and airways and diagnose lung-related disorders using flexible or rigid bronchoscopes. The forceps and camera present in the bronchoscopes enable them to obtain tissue specimen from the lungs and provide a vision of the airway respectively. There is an increase in the demand for single-use airway diagnostic devices over conventional tracheal devices as they minimize the risk of hospital-acquired infection (HAI) and avoid cross-contamination.

Continuous study and research and the development of single-use sheath and accessories such as forceps, brushes, and tubes will have a positive impact on the adoption of single-use airway diagnostic devices over conventional devices. This will drive the single-use airway diagnostic devices market to grow at a CAGR of over 8% during the forecast period. Single-use sheaths in reusable and single-way bronchoscopes eliminate the need for sterilization and reprocessing.

Top single-use airway diagnostic devices companies covered in this market research report

The single-use airway diagnostic devices market is mildly fragmented. Companies are focusing on strengthening their market position by offering different types of single-use airway diagnostic devices such as flexible, and rigid, along with accessories related to them. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this single-use airway diagnostic devices industry analysis report will help clients identify new growth opportunities and design innovative strategies to improve their share in the market.

The report offers a complete analysis of various companies including:

  • Ambu A/S
  • Olympus Corporation  
  • ProSurg Inc.
  • Valtronic  
  • Verathon Inc.

Single-use airway diagnostic devices market segmentation based on geographic regions

  • Asia
  • Europe
  • North America
  • ROW

North America will hold the highest market share throughout the forecast period.  The presence of international and local vendors and government initiatives are some of the primary reasons for the high growth of the single-use airway diagnostic devices market in this region.

Single-use airway diagnostic devices market segmentation based on product

  • Single-use accessories
  • Single-use endoscopy devices

The single-use accessories segment will account for the highest share of the single-use airway diagnostic devices market due to the increasing demand for single-use devices and growing government initiatives toward the acceptance and usage of single-use medical devices.

Key highlights of the global single-use airway diagnostic devices market for the forecast period 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the single-use airway diagnostic devices market during the next five years
  • Precise estimation of the global single-use airway diagnostic devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the single-use airway diagnostic devices industry across various geographies such as Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of single-use airway diagnostic devices companies 

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

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The market is expected to grow at a CAGR of %.

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The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.