According to BCC Research the global bronchoscopy market should reach $3.9 billion by 2028 from $2.7 billion in 2023 at a compound annual growth rate (CAGR) of 7.4% for the forecast period of 2023 to 2028.
1. Olympus Corporation is a leading player in the bronchoscopy market, offering a range of bronchoscope products, including both flexible and rigid bronchoscopes, as well as related accessories and technologies.
2. KARL STORZ is renowned for its high-quality endoscopy and bronchoscopy equipment. The company provides a wide array of bronchoscopes, video systems, and accessories.
3. Fujifilm Holdings Corporation’s bronchoscopy division offers innovative endoscopy solutions, including bronchoscopes and endoscopic accessories, contributing to the diagnosis and treatment of respiratory diseases.
4. PENTAX Medical (Hoya Corporation) is a well-established name in the field of endoscopy and bronchoscopy. They provide bronchoscopes, accessories, and advanced imaging systems.
5. Ambu A/S is known for its flexible bronchoscopes and aScope™, a single-use bronchoscope, which offers cost-effective and infection control advantages.
In conclusion, Bronchoscopy is a vital procedure for respiratory diagnostics and treatment. The global market is growing due to rising respiratory diseases, technological advancements, and favorable reimbursement policies. COVID-19 impacted the market, but adaptation measures were taken. Key drivers include respiratory disease prevalence, technological innovation, an aging population, early disease detection programs, therapeutic applications, and growing awareness. Olympus, KARL STORZ, Fujifilm, PENTAX Medical, and Ambu are top players, but the competitive landscape may change. The bronchoscopy market is poised for continued growth, meeting the demand for respiratory care and diagnostics.
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