United States Bronchoscope Market to Grow at a Significant Rate through 2026
High prevalence of chronic respiratory diseases
and rising geriatric population is expected to drive the United States bronchoscope
market for the forecast period.
According to TechSci Research report, “United
States Bronchoscope Market By Type (Flexible Bronchoscope, Rigid
Bronchoscope, Others) By Working Channel Diameter (2.8mm, 2.2mm, 3.0mm, Others)
By Usability (Reusable v/s Disposable) By Application (Bronchial Diagnosis v/s
Bronchial Treatment) By End User (Hospitals & Clinics, Ambulatory Care
Centers, Others) By Company, By Region, Forecast & Opportunities, 2026”,
the United States bronchoscope market is expected to witness significant growth
for the forecast period, 2022-2026. Bronchoscopes are the medical instruments
that are inserted into the patient’s body through mouth and nose or trachea to
analyze the inside of respiratory systems of patient. Bronchoscopy is the
method to detect any problems or abnormalities in the respiratory system. It is
used for the diagnosis of interstitial lung diseases. Cryobiopsies bronchoscopy
can take larger samples and it is safer, less intrusive, and more accessible
procedure for the treatment. Increasing prevalence of COPD in the United States
is paving the way for the growth of the bronchoscope as it is utilized in the
treatment of COPD by using valves, coil implants to mimic the surgeries related
to volume reduction of lungs. This is considered safer than the usual surgical
procedure as it is less intrusive and provide benefit to the health of the
patients. Bronchoscopy is also used for the treatment of the aspergilloma
medical condition by combining the rigid and flexible bronchoscope for cleaning
the lung cavity and endoscopic removal of the fungus ball. United States
government provide reimbursement policies to its residents for availing
healthcare facilities as it has already developed well health infrastructure
and expand the reach of the healthcare sector.
The COVID-19 outbreak across the world which has
been declared as pandemic by World Health Organization has affected several countries
adversely. Leading authorities in United States imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing and required immediate medical
attention form the healthcare facilities. United States authorities increased
the capacity of hospitals as a greater number of patients were getting affected
daily and getting admitted into the hospital facilities. There were
restrictions on the import and export which created a gap in supply chain of
raw materials. After the lockdown restrictions were taken off and due to the
ongoing pandemic, and increased patient inflow in the healthcare facilities the
bronchoscope market is expected to pick up the pace eventually.
However, risk of infection and high cost of
bronchoscopy may create hindrance in the United States bronchoscope market
growth.
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United States bronchoscope market is segmented into type,
working channel diameter, usability, application, end user, regional
distribution, and company. Based on type, market is further divided into flexible
bronchoscope, rigid bronchoscope, and others. The flexible bronchoscope segment
is expected to account for major market share in the forecast period as it
contains longer and thinner tubes which facilitates the view of the lower
bronchus. It is easier to change the position thereby providing a clear view to
the healthcare professionals. Flexible bronchoscope can be practised along with
laser treatment and endobronchial ultrasound. Flexible bronchoscope is also
cost-effective than its other counterpart. Based on usability, market is
bifurcated into reusable and disposable. The reusable segment is expected to
hold significant share for the next five years. Multiple uses which also
provides cost effectiveness are the major drivers for this segment growth.
Fujifilm Medical Systems U.S.A., Inc., Medtronic USA, Inc,
Teleflex Incorporated, Boston Scientific Corporation, Olympus Corporation of
the Americas, Johnson & Johnson (Ethicon, Inc.), Cook Medical Inc., Conmed
Corporation, Roper Technologies, Inc., LYMOL Medical are the leading players
operating in United States bronchoscope market. Manufacturers are increasingly
focusing on research and development process to fuel higher growth in the
market. To meet evolving customer demand with respect to better efficiency and
durability, several bronchoscope manufacturers are coming up with their
technologically advanced offerings.
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“High-end
investments by the major market players for technological advancement of
bronchoscopy to upgrade the existing bronchoscopy infrastructure by inventing
new technologies to treat the diseases in a safer and efficient way. Use of
bronchoscopy procedure such as bronchial thermoplasty for the treatment of
asthma which reduce the asthma exacerbations and ultimately the hospital visits
of patients. Flexible bronchoscope, EBUS and rigid bronchoscope are the recent
advancements which are more efficient, less intrusive thereby propeling the
growth of the bronchoscope market until 2026” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“United States
Bronchoscope Market By Type (Flexible Bronchoscope, Rigid Bronchoscope, Others)
By Working Channel Diameter (2.8mm, 2.2mm, 3.0mm, Others) By Usability
(Reusable v/s Disposable) By Application (Bronchial Diagnosis v/s Bronchial
Treatment) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)
By Company, By Region, Forecast & Opportunities, 2026” has evaluated the
future growth potential of United States bronchoscope market and provided
statistics & information on market size, shares, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers, challenges,
and opportunities in the of United States bronchoscope market.
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