Bronchoscopy Global Market Outlook 2023-2032: Size And Growth Rate Analysis
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As per The Business Research Company’s Bronchoscopy Global Market Report 2023, The global bronchoscopy market is expected to grow from $2.81 billion in 2022 to $3.08 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The market size of bronchoscopy is expected to grow from $3.79 billion in 2027 at a CAGR of 5.4%.
What was the major driver in the bronchoscopy market?
The growing prevalence of respiratory diseases contributed to the growth of the bronchoscopy market. According to the American Cancer Society 2020, in the United States, about 228,820 new cases of lung cancer and about 135,720 deaths from lung cancer. Therefore, the increasing prevalence of respiratory diseases around the world, especially the COVID-19 outbreak in 2020, will drive the growth of bronchoscopy market.
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What was the key trend in the bronchoscopy market?
The single-use flexible bronchoscopes are increasingly being used to prevent the risk of contamination of devices. The single-use flexible bronchoscopes are longer and thinner tubes that allow seeing the deep areas of the bronchus and are much easier to change and have a clear image of position inside the lung bronchus. The single-use flexible bronchoscopes improve safety and productivity.
Which was the largest region in the bronchoscopy market?
North America was the largest region in the bronchoscopy market in 2022. Western Europe was the second largest region in the global bronchoscopy market report. The regions covered in the bronchoscopy market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Who are the bronchoscopy market prominent players?
Major players in the bronchoscopy market are Olympus Corporation, Karl Storz, Fujifilm Holdings Corporation, Ambu A/S, Boston Scientific, Hoya Corporation, Richard Wolf GmbH, Cook Medical, Lymol Medical, and F. Hoffmann-La Roche Ltd.
Key bronchoscopy market segments
The global bronchoscopy market is segmented –
1) By Product: Bronchoscopes, Imaging Systems, Cytology Brushes, Other Products
2) By Application: Bronchial Treatment, Bronchial Diagnosis
3) By Working Channel Diameter: 2.8 mm, 2.2 mm, 3.0 mm, Other Working Channel Diameters
4) By Patient Age: Adult Patients, Pediatric/Neonate Patients
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The Bronchoscopy Global Market Report 2023 provides a comprehensive overview on the bronchoscopy market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies
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