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Disposable Bronchoscopes Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMHE21661

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Published on

January 2022

Total pages

203

Table of Content

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About the Report

About the Report

A bronchoscope is a device that is used for performing the most common interventional pulmonology procedures called bronchoscopy. It consists of a hollow metal tube or a thinner tube with an attached fiberoptic or video camera for transmitting the image and is commonly used during the endoscopic examination, diagnosis, and treatment of airways and tracheobronchial tree.

The growing adoption of disposable bronchoscopes can be attributed to the rising prevalence of various respiratory diseases. Some of the most common respiratory diseases include lung cancer, tumors airway stenosis, pneumonia, bronchitis, lung infections, and chronic obstructive Pulmonary Disease (COPD). Almost 3.3 million people succumb to COPD every year, as per the World Health Organization. Also, according to the American Cancer Society estimates, in the U.S., nearly 235,070 new cases of lung cancer and tumors were detected in 2018. This in turn is driving the demand for bronchoscopies to detect and treat lung cancers. Thereby, boosting the disposable bronchoscopes market.

Furthermore, the disposable bronchoscopes market is anticipated to grow on account of the growing technological advancement and frequent product launches in the market. For example, in April 2021, Olympus announced the addition to its U.S. bronchoscopy portfolio of the 510(k)-cleared H-SteriScope Single-Use Bronchoscopes, a line of five premium endoscopes for use in advanced diagnostic and therapeutic procedures. This single-use bronchoscope, specifically designed for tissue biopsy, foreign body retrieval, and other advanced procedures, help clinicians target, diagnose, and treat patients while enhancing workflow and productivity. Furthermore, the increase in the adoption of minimally invasive procedures and growing awareness regarding the benefits offered by these disposable devices are also some of the prominent reasons contributing towards the market growth.

Based on type, the market is segmented into flexible and rigid. The flexible segment generated revenue of USD XX million in 2020. The market is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX million by 2027 as it is one of the most preferred types of bronchoscopy.

Based on end-user, the market is segmented into hospitals, diagnostic centers, specialty clinics, and others. The hospital segment grabbed XX% market share of the Disposable Bronchoscopes market in 2020. The segment is expected to grow at a considerable CAGR of XX% during the forecast period to reach a market valuation of USD XX million by 2027. However, the specialty clinics segment is expected to grow at a considerable CAGR in the forthcoming years.

For a better understanding of the market adoption of the disposable bronchoscopes, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the disposable bronchoscopes industry and generated revenue of USD XX Million in 2020 owing to the presence of well-established market players and frequent product launches in the region.

Some of the major players operating in the market Boston Scientific Corporation, Olympus Corporation, Ambu A/S, Smith & Nephew, Inc., NeoScope, Inc., Pentax Medical, Karl Storz SE & Co., Fujifilm Holdings Corporation, Richard Wolf GmbH, Stryker Corporation, among others. Several M&A's along with partnerships have been undertaken by these players to develop new and advanced disposable bronchoscopes.

The Global Disposable Bronchoscopes Market was valued at USD XX million in 2020 and is projected to expand significantly with a CAGR of XX% from 2021 to 2027. The Disposable Bronchoscopes Market is expected to witness a boost, owing to the surge in the number of people suffering from respiratory diseases and technological advancement in the field of bronchoscopy devices.

Products


Companies

Boston Scientific Corporation, Olympus Corporation, Ambu A/S, Smith & Nephew, Inc., NeoScope, Inc., Pentax Medical, Karl Storz SE & Co., Fujifilm Holdings Corporation, Richard Wolf GmbH, Stryker Corporation

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1 Market Definitions

1.2 Objective of the Study

1.3 Limitation

1.4 Stake Holders

1.5 Currency Used in Report

1.6 Scope of the Global Disposable Bronchoscopes Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1 Research Methodology for the Global Disposable Bronchoscopes Market

2.1.1 Main Objective of the Global Disposable Bronchoscopes Market

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 GLOBAL DISPOSABLE BRONCHOSCOPES MARKET REVENUE

7 MARKET INSIGHTS BY TYPE

7.1 Flexible

7.2 Rigid

8 MARKET INSIGHTS BY END-USER

8.1 Hospitals

8.2 Diagnostic Centers

8.3 Specialty Clinics

8.4 Others

9 MARKET INSIGHTS BY REGION

9.1 NORTH AMERICA DISPOSABLE BRONCHOSCOPES MARKET

9.1.1 United States

9.1.2 Canada

9.1.3 Rest of North America

9.2 EUROPE DISPOSABLE BRONCHOSCOPES MARKET

9.2.1 Germany

9.2.2 France

9.2.3 United Kingdom

9.2.4 Spain

9.2.5 Italy

9.2.6 Rest of Europe

9.3 ASIA PACIFIC DISPOSABLE BRONCHOSCOPES MARKET

9.3.1 China

9.3.2 Japan

9.3.3 India

9.3.4 Australia

9.3.5 Rest of Asia Pacific

9.4 REST OF THE WORLD DISPOSABLE BRONCHOSCOPES MARKET

10 DISPOSABLE BRONCHOSCOPES MARKET DYNAMICS

10.1 Market Drivers

10.2 Market Challenges

10.3 Impact Analysis

11 DISPOSABLE BRONCHOSCOPES MARKET OPPORTUNITIES

12 DISPOSABLE BRONCHOSCOPES MARKET TRENDS & INSIGHTS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

14.1 Demand Side Analysis

14.2 Supply Side Analysis

14.2.1 Top Product Launches

14.2.2 Top Business Partnerships

14.2.3 Top Merger & Acquisitions

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

16.1 Porter's Five forces analysis

16.1.1 Bargaining power of Supplier

16.1.2 Bargaining power of Buyer

16.1.3 Industry Rivalry

16.1.4 Availability of Substitute

16.1.5 Threat of new Entrants

17 COMPANY PROFILED

17.1 Boston Scientific Corporation

17.1.1 Key Facts

17.1.2 Business Description

17.1.3 Key Product/Services Offerings

17.1.4 Growth Strategy

17.1.5 SWOT Analysis

17.1.6 Key Financials

17.1.6.1 Revenue Split

17.1.6.2 Financial Overview of Boston Scientific Corporation

17.1.7 Recent Developments

17.1.7.1 Product Launch

17.1.7.2 Partnerships

17.1.7.3 Business Expansion and Investments

17.1.7.4 Merger and Acquisition

17.2 Olympus Corporation

17.3 Ambu A/S

17.4 Smith & Nephew, Inc.

17.5 NeoScope, Inc.

17.6 Pentax Medical

17.7 Karl Storz SE & Co.

17.8 Fujifilm Holdings Corporation

17.9 Richard Wolf GmbH

17.10 Stryker Corporation

18 DISCLAIMER

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