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Bronchoscopes Market 2019- Share, Comprehensive Research Study, Regional Trends, Business Growth, Competitive Landscape, Future Plans

Bronchoscopes Market

The company profiles of all the top market players and brands are listed in the Bronchoscopes report which puts light on their moves like product launches, product enhancements, joint ventures, mergers and acquisitions and their effect on the sales, import, export, revenue and CAGR values. Bronchoscopes report includes key information about the industry, market segmentation, important facts and figures, expert opinions, and the latest developments across the globe. According to this market report, the global market is anticipated to witness a moderately higher growth rate during the forecast period. Moreover, businesses can accomplish insights for profitable growth and sustainability programme with this market report.

Global Bronchoscopes Market is set to rise from its initial estimated value of USD 17.18 billion in 2018 to an estimated value of USD 32.05 billion in 2026, registering a CAGR of 8.10% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing prevalence of respiratory disorders and the need for diagnosis of these disorders.

Key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in this Bronchoscopes report. This report aims to examine the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. It is a professional and a detailed report focusing on primary and secondary drivers, market share, market size, sales volume, leading segments and geographical analysis. This Bronchoscopes Market report comprises of comprehensive and thorough insights which are based on business intelligence.

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Market Definition: Global Bronchoscopes Market

Bronchoscopy is the process of diagnosing or treatment of disorders associated with airways. This method allows the surgeon or the diagnostic individual to look for any abnormalities in the airway of the individual. Bronchoscopes are the instruments used for this process and it even allows the doctor to treat the abnormalities or take a sample of any abnormalities for the diagnosis.

Key Developments in the Market:

  • In November 2016, EFER ENDOSCOPY announced the launch of EFER-SUPERGLASS stents for EFER-DUMON stent instruments. These stents are aimed at decreasing any friction, and increase the flow of organic secretions.
  • In December 2018, Olympus Corporation announced that it had received US Food and Drug Administration approval for Spiration Valve System used for the treatment of emphysema. The device has been granted the status of breakthrough medical device for its revolutionary approach of improving breathing by isolating the diseased lung part and stopping the air to flow to that part and rather let the other portion of the lungs to function properly. This system is employed during a bronchoscopic procedure

Market Drivers:

  • Rising prevalence of respiratory disorders and the need for proper diagnosis of these disorders is expected to drive the market growth
  • Technological advancements and developments in the market is also expected to drive the market growth

Market Restraints:

  • Lack of skilled and knowledgeable professionals in the market is also expected to restrain the market growth
  • Higher cost of devices and chances of infection associated with the usage of reusable bronchoscopes is also expected to restrain the market growth

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Key Market Competitors: 

  • Teleflex Incorporated,
  • Olympus Corporation,
  • Ambu A/S,
  • KARL STORZ SE & Co. KG,
  • FUJIFILM Corporation,
  • Boston Scientific Corporation,
  • Cogentix Medical,
  • Lymol Medical,
  • EFER ENDOSCOPY,
  • SCHÖLLY FIBEROPTIC GMBH,
  • PENTAX Medical,

Few of the major competitors currently working in the bronchoscopes market are Uptake Medical, SCHINDLER ENDOSKOPIE TECHNOLOGIE GmbH, Vimex Sp. z o.o., HANGZHOU ENDOTOP MEDI-TECH CO.LTD., Richard Wolf GmbH, SOPRO-COMEG GmbH, Endoservice GmbH, Animus Beyford Trading SL, and Novatech SA.

Market Segmentation: Global Bronchoscopes Market

By Type

  • Rigid Bronchoscopes
  • Flexible Bronchoscopes
      1. Video
      2. Fiberoptic
      3. Hybrid

By Application

  • Bronchial Diagnosis
  • Bronchial Treatment

By Use

  • Reusable
  • Disposable

By End-User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

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