The Bronchoscopes Market is Predict to reach $4.4 Billion by 2030, at a CAGR of 6.9%

Bronchoscopes Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Bronchoscopes Market size is expected to reach $4.4 billion by 2030, rising at a market growth of 6.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,308.1 thousand units, experiencing a growth of 9.6% (2019-2022).

The Rigid segment would exhibit a CAGR of 6.5% during (2023 - 2030). Rigid bronchoscopes are typically more durable than flexible ones, making them suitable for procedures that require repeated use and manipulation. Rigid bronchoscopes often provide better image quality and clarity than their flexible counterparts, making them valuable for diagnostic and therapeutic procedures requiring high-definition visualization. Rigid bronchoscopes are better suited for foreign body removal, tissue sampling, and interventions due to their larger working channels and better instrument compatibility.

The Reusable segment acquired the highest revenue in the Global Bronchoscopes Market, By Usage in 2022; thereby, achieving a market value of $2.7 billion by 2030. The cost per use is typically lower even when the initial purchase price is higher. Reusable bronchoscopes are environmentally friendly because they generate less medical waste than disposable bronchoscopes, which must be discarded after a single use. Reusable bronchoscopes are typically designed to withstand multiple uses and are constructed with materials that can withstand sterilization processes without compromising their functionality.

The Outpatient Facilities segment is experiencing a CAGR of 8% during (2023 - 2030). Outpatient bronchoscopy facilities offer greater convenience for patients. They eliminate the need for an overnight stay in a hospital, reducing disruption to a patient's daily routine. Outpatient facilities often provide quicker access to bronchoscopy services. Patients can schedule procedures without the wait times associated with inpatient care. Outpatient bronchoscopy allows patients to return to their homes and do daily activities soon after the procedure, minimizing disruption to their lives.

The North America region dominated the Global Bronchoscopes Market, By Region in 2022; and would continue to be a dominant market till 2030, thereby, achieving a market value of $16 billion by 2030. The Europe region is exhibiting a CAGR of 6.5% during (2023 - 2030). Additionally, The Asia Pacific region would experience a CAGR of 7.7% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/bronchoscopes-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Teleflex, Inc., Olympus Corporation, Ambu A/S, Karl Storz SE & Co. KG, Fujifilm Holdings Corporation, Boston Scientific Corporation, Cook Medical, Inc. (Cook Group), Medtronic PLC, Johnson & Johnson, Richard Wolf GmbH (The Richard and Annemarie Wolf Foundation)

Global Bronchoscopes Market Segmentation

By Type (Volume, Thousand Units, USD Billion/Million, 2019-2030)

• Flexible
  • Video
  • Fiberoptic
  • Hybrid
• Rigid

By Usage (Volume, Thousand Units, USD Billion/Million, 2019-2030)

• Reusable
• Disposable

By End Use (Volume, Thousand Units, USD Billion/Million, 2019-2030)

• Hospitals
• Outpatient Facilities

By Geography (Volume, Thousand Units, USD Billion/Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Teleflex, Inc.
• Olympus Corporation
• Ambu A/S
• Karl Storz SE & Co. KG
• Fujifilm Holdings Corporation
• Boston Scientific Corporation
• Cook Medical, Inc. (Cook Group)
• Medtronic PLC
• Johnson & Johnson
• Richard Wolf GmbH (The Richard and Annemarie Wolf Foundation)

Related Reports:

North America Bronchoscopes Market Size, Share & Trend, 2030

• October-2023
• 145 Pages

LAMEA Bronchoscopes Market Size, Share & Growth Trend, 2030

• October-2023
• 162 Pages

Europe Bronchoscopes Market Size, Share & Data Reports, 2030

• October-2023
• 162 Pages

Asia Pacific Bronchoscopes Market Size, Share & Trend, 2030

• October-2023
• 164 Pages