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Bronchoscopes Market 2018 Highlights By Types and Application | Incredible Growth of 7.4% with Leading Vendor by 2023

Bronchoscopes Market Information, By Types (Rigid Bronchoscopes, Flexible Bronchoscopes), Application (Diagnosis (Examination, Tissue Specimen for Biopsy), Surgical Procedure), End User (Hospitals & Clinics, Diagnostic Centers) - Global Forecast till 2023
Published 16 April 2018

The Global Bronchoscopes Market is growing continuously and expected to grow at a CAGR of 7.4% from 2017 to 2023.

Bronchoscopy has grown to be a crucial part of current remedy. The examination by using bronchoscopy has turn out to be the most commonplace method to diagnose any sort of abnormality in the everyday feature of the breathing machine. Bronchoscopes are the gadgets used for visualizing the insides of the affected person’s airlines. Bronchoscopes are typically inserted via nostril or mouth, and every so often thru the trachea. Due to the latest advances in remedy, a number of bronchoscopes had been added.

Bendy bronchoscopes have been delivered to diagnose the illnesses in trachea and the bronchi. Because of their distinct benefits, they're widely established at some point of numerous nations and areas. The worldwide bronchoscope marketplace is majorly driven with the aid of growing incidence of respiration tract illnesses for immediate, lung cancer and COPD, increasing variety of bronchoscopies methods, and increasing desire for minimally invasive strategies. In line with the WHO (World Health Organization), in 2015, 64 million humans have persistent obstructive pulmonary disorder (COPD), whereas, over 3 million people died of COPD.

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Additionally 1.8 million human beings throughout the globe had been stricken by lung cancer. Increasing number of healthcare employer and affected person inflow have boosted the quantity of bronchoscopy procedures. Furthermore, growing geriatric populace, growing healthcare expenditure, and converting environmental situation have fueled the growth of the marketplace over the evaluation length. But, excessive cost of the gadgets and hazard of infection may also slow the increase of the market.

Competitive Analysis:

The global market consist of players such as Ambu Inc, Boston Scientific Corporation, Cogentix Medical, Fujifilm Holdings Corporation, KARL STORZ GmbH & Co. KG, Olympus Corporation, PENTAX Medical, and Richard Wolf GmbH  are some of the prominent players at the forefront of competition in the global bronchoscopes market and are profiled in MRFR Analysis report.

Some of the Key Developments from the market players are as follows.

In August 2017, PENTAX medical announced the launch of a new ultrasound video bronchoscope (EBUS) in combination with Hitachi’s innovative ultrasound systems. In June 2017, The Company announced the collaboration with AOHUA to improve the standard of patient care and quality of healthcare. Earlier in January 2017, The Company acquired C2 Therapeutics to expand interventional endoscopy offering.

In June 2017 Another big company in the market, Boston Scientific Corporation launched Alair bronchial thermoplasty therapy in India.Alair bronchial thermoplasty treatment uses a bronchoscope to deliver radiofrequency energy to reduce the amount of excess smooth muscle tissue in the airways. Back in November 2016, Company completed acquisition of EndoChoice Holdings, Inc. which is a Georgia based company focused on the development and commercialization of infection control products, pathology services and single-use devices.

Segmentation:

The Global Bronchoscopes Market is segmented on the basis of types, application, and end users.

On the basis of types, the market is segmented into rigid bronchoscopes, and flexible bronchoscopes. Flexible bronchoscopes are further sub-segmented into fiber optic bronchoscopes, and video bronchoscopes.

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On the basis of application, the market is segmented into diagnosis, and surgical procedure. Diagnosis is further segmented into examination, patient’s airways, bleeding lungs, possibility of lung cancer, chronic cough, and obtain tissue specimen for biopsy. Surgical procedure is further segmented into removal of a foreign object in the airway, laser resection of tumors, lung abscess, stent insertion, percutaneous tracheostomy, and tracheal intubation. On the basis of end user, the market is segmented into hospitals & clinics, diagnostic centers and others.

Brief TOC

1 Introduction

1.1 Definition

1.2 Scope of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Process:

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators

4 Market Factor Analysis

...TOC Continued

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