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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