Bronchoscopy Market, By Product (Visualization & Documentation, Endoscope, Accessories, and Other Products), By Usability (Disposable, Reusable), By Application (Therapeutic, Diagnostic), By End-Users (Hospitals, Clinics, Ambulatory Surgical Centers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Bronchoscopy Market was valued at USD 2.9 Billion in 2024 and is projected to grow at a CAGR of 8.20% to reach USD 6.3 Billion by 2034.

Bronchoscopy is a method to view directly at the airways in lungs by using a lighted and thin tube called as Bronchoscope. The bronchoscope is put in the mouth or nose and moved down the throat and trachea into the airways.

Growing Prevalence of Respiratory Diseases to fuel market growth

Growing prevalence of respiratory diseases such as asthma, COPD, lung cancer, pneumonia has become a leading factor in market growth. The asthma and COPD (Chronic obstructive pulmonary disease) has become the most prevalent respiratory disorder worldwide which is anticipated to increase the demand for Bronchoscopy market growth. Adoption of unhealthy lifestyle, cigarette smoking and exposure to irritating gases has become major reason for rise in COPD (Chronic Obstructive Pulmonary Disease) diseases which in turn foster the demand for Bronchoscopy market growth.

For instance, according to CDC (Centers for Disease Control and Prevention) chronic lower respiratory diseases mortality rate including asthma in United States were, deaths per 100,000 population: 42.9, cause of death rank was 6 and number of deaths were 142,342. Further, number of an individual visit to emergency department with Chronic Obstructive Pulmonary Disease as primary diagnosis were 1.2 million in United States.

Restrains:

However, lack of skilled professional, risk associated with it and high cost of bronchoscopy procedure has hampered the demand for Bronchoscopy Market growth.

Bronchoscopy Market Segmentation:

Bronchoscopy Market is segmented based on Product, Usability, Application, End-Users and Region.

Product Insight

On the basis of Product, Bronchoscopy Market is segmented into Visualization & Documentation, Endoscope, Accessories, and Other Products.

Usability Insights

On the basis of Usability, Bronchoscopy Market is segmented into Disposable, Reusable.

Application Insights

On the basis of Application, Bronchoscopy Market is segmented into Therapeutic, Diagnostic.

End-Users Insights

On the basis of End-Users, Bronchoscopy Market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers.

 Bronchoscopy Market Regional Insights:

On region the Bronchoscopy Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising prevalence of respiratory disorder, continuous technological development adoption of minimally invasive procedures, favorable government policies, robust healthcare facilities and presence of major players.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period due to growing population coupled with large patient pool and developing healthcare infrastructure.

Recent Development:

The New Launched Product News,

• In November 2022, Fujifilm India launched its new slim video bronchoscope ‘EB-710P’ at National Conference NAPCON which was held from 10-13^th November 2022 at Udaipur, India. This new launched product has expanded Fujifilm pulmonary portfolio solution in India.

Strategic Acquisitions and Partnership News,

• In December 2020, Olympus Corporation acquired Veran Medical Technologies Inc., a leading provider of advanced medical devices in interventional pulmonology. This acquisition for USD 340 million will strengthen the Olympus position in respiratory devices market.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Few Other Promising Reports:

• Global Respiratory Device Market
• Respiratory Protective Equipment Market

The key players operating the Bronchoscopy Market includes, Olympus Corporation, FUJIFILM Holdings Corporation, Medtronic Plc, KARL STORZ, Boston Scientific Corporation, Ethicon, Cook Medical, HOYA Corporation, Broncus Medical Inc., Richard Wolf GmbH, and others.

• Olympus Corporation
• FUJIFILM Holdings Corporation
• Medtronic Plc.
• KARL STORZ
• Boston Scientific Corporation
• Ethicon
• Cook Medical
• HOYA Corporation
• Broncus Medical Inc.
• Richard Wolf GmbH