Bronchoscopes Market Size to increase by USD 882.88 mn | Technavio

Market Dynamics

Factors such as technological advances in bronchoscopy, the increasing prevalence of lung cancer and pulmonary diseases, and the expanding applications of bronchoscopy will drive the growth of the bronchoscopes market. However, the high cost of bronchoscopy might hamper the market growth.

Company Profiles

The bronchoscopes market report provides complete insights on key vendors, including Ambu AS, Clarus Medical LLC, EFER ENDOSCOPY, Endoservice GmbH, FUJIFILM Holdings Corp., HOYA Corp., HUGER Medical Instrument Co. Ltd., KARL STORZ SE and Co. KG, Olympus Corp., and Teleflex Inc. The bronchoscopes market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The key news related to some of the vendors is mentioned below:

  • In November 2023, FUJIFILM Holdings Corp. partnered with iRODS Consortium to provide an archive solution that can easily scale to handle exponential data growth.
  • In September 2023, Olympus Corp. appointed Andre Roggan as Chief Technology Officer, effective April 1, 2023.

The key offerings of some of the vendors are mentioned below:

  • Ambu AS – The company offers bronchoscopes, namely aScope.
  • Clarus Medical LLC – The company offers bronchoscopes such as fiberoptic inspection scopes, digital inspection scope, among others.
  • EFER ENDOSCOPY – The company offers bronchoscopes, namely EFER-DUMON.
  • Endoservice GmbH – The company offers bronchoscopes, namely Bronchoskopie.
  • FUJIFILM Holdings Corp. – The company offers bronchoscopes such as EB-580S, EB-580T, EB-530P, among others.

Competitive Analysis

The competitive scenario provided in the bronchoscopes market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

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Market Segmentation

  • By product, the bronchoscopes market is segmented into two segments, namely flexible bronchoscopes and rigid bronchoscopes. The flexible bronchoscopes segment will have significant market share growth during the forecast period. Flexible bronchoscopes are integrated with ultrasound technology, which enables them to perform lung cancer staging by gaining access to several lymph node stations in the mediastinum. They help in increasing the yield for the sampling of peripheral lung nodules. Thus, the incorporation of advanced technologies by vendors is likely to fuel the demand for flexible bronchoscopes during the forecast period.
  • By geography, the bronchoscopes market has been classified into five regions, namely North America, Europe, Asia, and ROW. North America will have the largest share of the market.

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Bronchoscopes Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.82%

Market growth 2023-2025

USD 882.88 million

Market structure

Fragmented

YoY growth (%)

6.50

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 34%

Key consumer countries

US, China, Germany, Japan, France, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ambu AS, Clarus Medical LLC, EFER ENDOSCOPY, Endoservice GmbH, FUJIFILM Holdings Corp., HOYA Corp., HUGER Medical Instrument Co. Ltd., KARL STORZ SE and Co. KG, Olympus Corp., and Teleflex Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the 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.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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SOURCE Technavio

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