Product Code: GVR-4-68039-700-4
Disposable Bronchoscope Market Growth & Trends:
The global disposable bronchoscope market size is expected to reach USD 1.69 billion by 2030, growing at a CAGR of 13.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing incidence rate of chronic respiratory disorders, such as COPD, lung stenosis, lung cancer, tumors, bronchitis, pneumonia, and lung infections are driving market growth. Moreover, the increasing demand for same day surgeries or minimally invasive procedures, which result in shortened hospitalization, quicker recovery, and reduced postoperative care is fostering the growth. The growing awareness levels towards the reduced infection and contamination rate of using disposable bronchoscopes is positively impacting the growth. Frequent product approvals are broadening the product portfolio of key players and catering to the growing need for disposable bronchoscopes.
Several key factors, including the rising incidence of respiratory diseases, the growing prevalence of smoking, and increased product approvals, are significantly contributing to the growth of the market. As the number of respiratory ailments continues to increase, the demand for bronchodilators and related treatments is expected to surge. For instance, as per a 2024 NIH report, acute bronchitis is one of the top 10 most common outpatient illnesses in the U.S., affecting about 5% of adults annually. Consequently, the escalating burden of bronchitis is fueling the demand for effective bronchitis treatment, which in turn, is driving market growth.
The rising prevalence of various respiratory disorders serves as a primary growth driver for the market. The American Cancer Society, Inc. reports that there will be 234,580 new cases of lung cancer and tumors in the U.S., resulting in 125,070 deaths from lung cancer. This rise in lung cancer cases will lead to an increased demand for bronchoscopies to detect and treat lung cancers. Similarly, Cancer Research UK reveals 48,500 new lung cancer cases diagnosed annually. With 58.7% of lung cancer cases occurring in developing countries (as per World Cancer Research Fund International), the global demand for bronchoscopies is anticipated to grow significantly. Furthermore, the potential risks of infection and contamination associated with reusable bronchoscopes create lucrative opportunities for the adoption and expansion of disposable bronchoscope technologies.
Disposable Bronchoscope Market Report Highlights:
- Based on end-use, outpatient facilities dominated with the largest revenue share owing to the growing trend of same-day surgeries. Outpatient facilities, where patients often undergo procedures and are discharged on the same day, have a strong encouragement to adopt disposable bronchoscopes to minimize the risk of infections and maintain high standards of patient safety.
- North America dominated the market with the largest revenue share owing to the advancements in healthcare infrastructure, rapid adoption of technologically advanced solutions, and rising preference for minimally invasive procedures.
- Asia Pacific is estimated to witness the fastest growth during the forecast period. The growth is attributed to improving healthcare infrastructure, substantial economic development, growing geriatric population, and rising prevalence of lung cancers & COPD.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. End-use
- 1.2.2. Regional scope
- 1.2.3. Estimates and forecast timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased database
- 1.4.2. GVR's internal database
- 1.4.3. Secondary sources
- 1.4.4. Primary research
- 1.4.5. Details of primary research
- 1.5. Information or Data Analysis
- 1.5.1. Data analysis models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.7.1. Commodity flow analysis (Model 1)
- 1.7.2. Approach 1: Commodity flow approach
- 1.7.3. Volume price analysis (Model 2)
- 1.7.4. Approach 2: Volume price analysis
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. End-use outlook
- 2.2.2. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Disposable Bronchoscope Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Increasing incidence of respiratory disorders
- 3.2.1.2. Growing adoption of minimally invasive procedures
- 3.2.1.3. Rising Number of product approvals
- 3.2.1.4. Technological advancements
- 3.2.2. Market restraint analysis
- 3.2.2.1. Stringent regulatory framework
- 3.2.2.2. High cost of deployment
- 3.3. Disposable Bronchoscope: Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's Five Forces
- 3.3.2. PESTLE Analysis
Chapter 4. Disposable Bronchoscope Market Segment Analysis, By End-use, 2018 -2030 (USD Million)
- 4.1. End-use Market Share, 2023 & 2030
- 4.2. Segment Dashboard
- 4.3. Global Disposable Bronchoscope Market, by end-use, 2018 to 2030
- 4.4. Hospitals
- 4.4.1. Hospitals market estimates and forecasts, 2018 to 2030 (USD million)
- 4.5. Outpatient facilities
- 4.5.1. Outpatient facilities market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Disposable Bronchoscope Market Segment Analysis, By Region and By End-use, 2018 - 2030 (USD Million)
- 5.1. Regional Market Share Analysis, 2023 & 2030
- 5.2. Regional Market Dashboard
- 5.3. Regional Market Snapshot
- 5.4. Disposable Bronchoscope Market Share by Region, 2023 & 2030:
- 5.5. North America
- 5.5.1. North America disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.5.2. U.S.
- 5.5.2.1. U.S. disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.5.3. Canada
- 5.5.3.1. Canada disposable bronchoscope market, 2018 - 2030 (USD Million).
- 5.5.4. Mexico
- 5.5.4.1. Mexico disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6. Europe
- 5.6.1. Europe disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.2. UK
- 5.6.2.1. UK disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.3. Germany
- 5.6.3.1. Germany disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.4. France
- 5.6.4.1. France disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.5. Italy
- 5.6.5.1. Italy disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.6. Spain
- 5.6.6.1. Spain disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.7. Norway
- 5.6.7.1. Norway disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.8. Sweden
- 5.6.8.1. Sweden disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.6.9. Denmark
- 5.6.9.1. Denmark disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.7. Asia Pacific
- 5.7.1. Japan
- 5.7.1.1. Japan disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.7.2. China
- 5.7.2.1. China disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.7.3. India
- 5.7.3.1. India disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.7.4. Australia
- 5.7.4.1. Australia disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.7.5. South Korea
- 5.7.5.1. South Korea disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.7.6. Thailand
- 5.7.6.1. Thailand disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.8. Latin America
- 5.8.1. Brazil
- 5.8.1.1. Brazil disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.8.2. Argentina
- 5.8.2.1. Argentina disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.9. MEA
- 5.9.1. South Africa
- 5.9.1.1. South Africa disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.9.2. Saudi Arabia
- 5.9.2.1. Saudi Arabia disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.9.3. UAE
- 5.9.3.1. UAE disposable bronchoscope market, 2018 - 2030 (USD Million)
- 5.9.4. Kuwait
- 5.9.4.1. Kuwait disposable bronchoscope market, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Profiles
- 6.3.1. Olympus Corporation
- 6.3.1.1. Company overview
- 6.3.1.2. Financial performance
- 6.3.1.3. Product benchmarking
- 6.3.1.4. Strategic initiatives
- 6.3.2. Ethicon Endo-Surgery, LLC
- 6.3.2.1. Company overview
- 6.3.2.2. Financial performance
- 6.3.2.3. Product benchmarking
- 6.3.2.4. Strategic initiatives
- 6.3.3. Stryker Corporation
- 6.3.3.1. Company overview
- 6.3.3.2. Financial performance
- 6.3.3.3. Product benchmarking
- 6.3.3.4. Strategic initiatives
- 6.3.4. Fujifilm Holdings Corporation
- 6.3.4.1. Company overview
- 6.3.4.2. Financial performance
- 6.3.4.3. Product benchmarking
- 6.3.4.4. Strategic initiatives
- 6.3.5. Boston Scientific Corporation
- 6.3.5.1. Company overview
- 6.3.5.2. Financial performance
- 6.3.5.3. Product benchmarking
- 6.3.5.4. Strategic initiatives
- 6.3.6. Karl Storz GmbH & Co. KG
- 6.3.6.1. Company overview
- 6.3.6.2. Financial performance
- 6.3.6.3. Product benchmarking
- 6.3.6.4. Strategic initiatives
- 6.3.7. Smith & Nephew Inc.
- 6.3.7.1. Company overview
- 6.3.7.2. Financial performance
- 6.3.7.3. Product benchmarking
- 6.3.7.4. Strategic initiatives
- 6.3.8. Richard Wolf GmbH
- 6.3.8.1. Company overview
- 6.3.8.2. Financial performance
- 6.3.8.3. Product benchmarking
- 6.3.8.4. Strategic initiatives
- 6.3.9. Medtronic Plc (Covidien
- 6.3.9.1. Company overview
- 6.3.9.2. Financial performance
- 6.3.9.3. Product benchmarking
- 6.3.9.4. Strategic initiatives
- 6.3.10. PENTAX Medical
- 6.3.10.1. Company overview
- 6.3.10.2. Financial performance
- 6.3.10.3. Product benchmarking
- 6.3.10.4. Strategic initiatives
- 6.3.11. Machida Endoscope Co., Ltd
- 6.3.11.1. Company overview
- 6.3.11.2. Financial performance
- 6.3.11.3. Product benchmarking
- 6.3.11.4. Strategic initiatives
- 6.3.12. Paragon Medical (AMETEK)
- 6.3.12.1. Company overview
- 6.3.12.2. Financial performance
- 6.3.12.3. Product benchmarking
- 6.3.12.4. Strategic initiatives