An Incisive, In-depth Analysis on the Bronchoscopes Market
This study offers a comprehensive, 360 degree analysis on the Bronchoscopes market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Bronchoscopes market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
The bronchoscopes market is highly fragmented owing to growing number of firms especially from developing regions with poor manufacturing and labor laws. The market represents a bimodal curve with low- and high-end vendors. Low-end vendors are competing on price resulting in pressure on returns on investment. However, the high end products can charge a premium, which will result in market growth.
The growing adoption of bronchoscopy procedures and surging geriatric population have created lucrative growth opportunities for the players operating in the bronchoscopes market. Olympus Medical, PENTAX Medical, and KARL STORZ hold large revenue shares in the global bronchoscopes market. The development of healthcare infrastructure around the world is also expected to drive the growth of the bronchoscopes market.
Growing Geriatric Population and Screening Rates
The increasing screening rates as well as geriatric population are expected to be the critical drivers of the bronchoscopes market. Ageing population is becoming one of the most significant social transformations. Globally, the population aged 60 and above is growing at a rapid pace than all younger age groups. The world’s population is ageing at such a rate that those aged 60 or above account for over 10%, which is likely to rise to over 20% by 2050. According to the World Population Prospects 2017, the number of aged population (those aged 60 years and above) is expected to be more than double (2.1 billion) by 2050. The frequently growing geriatric population is consequently projected to increase the adoption of bronchoscopes as people aged above 60 years are at a high risk of developing diseases, such as chronic lung diseases.
Growing Prevalence of Chronic Obstructive Pulmonary Disorders
Bronchoscopy procedures are common in the clinical settings. Around 500,000 procedures are performed per year in the U.S. These procedures are generally regarded as safe and effective. Moreover, the growing number of cases of cancer, chronic obstructive pulmonary disorders due to excessive smoking, consumption of alcohol and pollution is also expected to drive the growth of the market. The growing incidence of idiopathic pulmonary fibrosis, pulmonary fibrosis, interstitial pneumonitis, occupational sarcoidosis and pulmonary haemorrhage are the other factors expected to fuel the growth the bronchoscopes market.
Product Development and Technological Advancements
It is observed that bronchoscopes have undergone a tremendous shift from conventional invasive procedures to minimally invasive and advanced devices. Advancement and development of bronchoscopes such as White-light bronchoscopy, Autofluorescence (blue-light) bronchoscopy, Navigational bronchoscopy and others are expected to be the key factors driving the growth of the global bronchoscopes market.
The competition section of the report features profiles of key players operating in the bronchoscopes market based on their market shares, differential strategies, product offerings, marketing approach and company dashboard. Examples of some of the key players operating in the bronchoscopes market are Olympus Corporation, PENTAX Medical, and KARL STORZ.
A bronchoscope in an endoscopic device used for visualization inside the airways for various therapeutic and diagnostic purposes. Visualization is enabled as the bronchoscope is inserted into the airways, usually through the nose or mouth. Bronchoscopes can be rigid or made of flexible fiber optic cable. The device has a camera and a light source on the end.
About the Report
The company conducted a research study on bronchoscopes market for the forecast period 2018 to 2022 to offer a comprehensive evaluation of the business opportunities prevailing in the bronchoscopes market. It also includes insights on the bronchoscopes trend, disease incidences, and awareness level for market competition. The report elaborates the macroeconomic factors influencing the dynamics of the bronchoscopes market while a detailed competitive benchmarking helps in analysis of the market’s futuristic potential.
The report offers a comprehensive taxonomy of the bronchoscopes market based on product type, modality, end users and region. The product type segment of the bronchoscopes market includes video and non-video bronchoscopes. The modality segment of the bronchoscopes market includes rigid, flexible and mobile. The end users include hospitals, and outpatient centers.
The bronchoscopes market has been analyzed across regions of North America, Latin America, Europe, Asia Pacific and Middle East and Africa.
Additional Questions Answered
Some of the additional questions addressed in this report on bronchoscopes market-
What is the revenue potential of the bronchoscopes market across regions of North America and Europe?
Who are the key competitors and what are their portfolios in bronchoscopes market?
What are major challenges influencing the growth of bronchoscopes market?
How intervention from regulatory authority is shaping the bronchoscopes market growth?
The bronchoscopes market has been estimated based on supply-demand approach. The market was first calculated based on install base conducted in different region/countries. Other qualitative factors are analyzed during the estimation include replacement rates for bronchoscopes, and others. This information is further validated with rigorous primary research (including interviews, surveys, in-person interactions, and viewpoints of seasoned analysts) and secondary research (including verified paid sources, authentic trade journals, and resourceful databases). The research study on bronchoscopes market also includes top trends and macro as well as micro economic factors shaping the bronchoscopes market. With this approach, the report on bronchoscopes market anticipates the industry attractiveness of every major segment in bronchoscopes over the forecast period.
Bronchoscopes Market: Report Description
A recent market study published by the company titled “Bronchoscopes Market: Global Industry Analysis 2013–2017 & Opportunity Assessment 2018–2028” consists a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the bronchoscopes market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors that may have a huge impact on the development of the bronchoscopes market during the forecast period. It can help the players to modify their manufacturing and marketing strategies to envisage maximum growth in the Bronchoscopes market in the upcoming years. The report provides detailed information about the current and future growth prospects of the bronchoscopes market in the most comprehensive way for the better understanding of readers.
Chapter 1 – Executive Summary
The report commences with the executive summary of the bronchoscopes market report, which includes the summary of key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the bronchoscopes market.
Chapter 2 – Market Introduction
Readers can find detailed taxonomy and the definition of the bronchoscopes market in this chapter, which will help readers to understand the basic information about the bronchoscopes market. This section also considers the factors included and excluded for the purpose of this report.
Chapter 3 – Bronchoscopes Market Opportunity Analysis
Readers can find various macro-economic factors associated with the growth of bronchoscopes, which would help them track the market current scenario, with key inferences drawn from historical data, current trends, and future prospects. This section also consists of an opportunity analysis conducted for understanding revenue attractiveness of the market.
Chapter 4 – Bronchoscopes Market: Background
This chapter highlights the key market dynamics including the drivers, restraints and trends. In this chapter, readers can understand the factors which are propelling the growth of the market along with the factors which may deter the growth of the market. Also readers will understand the key trends followed by the leading manufacturers in the bronchoscopes market.
Chapter 5 – Bronchoscopes Market: Global Economic Outlook
This section highlights the expenditure on health for top countries in each region. This section also explains the global and regional healthcare market outlook. Regional healthcare market focuses to explain deeply about the political, economic and business environment outlook of the respective region.
Chapter 6 – North America Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028
This chapter includes detailed analysis of the growth of the North America Bronchoscopes market along with the country-wise assessment including the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type, modality, end users, and regions of Bronchoscopes market in the North American region.
Chapter 7 – Latin America Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028
Readers can find detailed information about factors such as regional trends that are impacting the growth of the Latin America Bronchoscopes market. This chapter also includes the growth prospects of the Bronchoscopes market in leading LATAM countries such as Argentina, Brazil and rest of the Latin America region.
Chapter 8 – Europe Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028
Important growth prospects of the bronchoscopes market based on its product types, form, and applications in several European countries, such as Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe are included in this chapter.
Chapter 9 – Asia Pacific Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028
Australia, China, India, Japan & Rest of APAC are the leading countries in the Asian Pacific region that are the prime subject of assessment to obtain growth prospects of the Asia Pacific Bronchoscopes market in this chapter. Readers can find important factors that can have a huge impact on the growth of the Bronchoscopes market in Asia Pacific based on the market segmentation, during the forecast period.
Chapter 10 – Middle East and Africa Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028
This chapter provides information on how the bronchoscopes market will grow in the major countries in MEA region, such as Saudi Arabia, South Africa & Rest of MEA, during the period 2013-2028.
Chapter 11 – Competition Landscape, Company Share and Company Profiles
In this chapter, readers can find a comprehensive list of all the leading stakeholders in the bronchoscopes market along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Market players featured in the report include Olympus Corporation, Fujifilm Holdings Corporation, Teleflex Incorporated, KARL STORZ GmbH & Co KG, Richard Wolf GmbH. HOYA Corporation. (Subs. PENTAX Medical), Ambu A/S, Shanghai AoHua Photoelectricity Endoscope Co., Ltd. Rochling Group & Novatech SA.
Chapter 12 – Global Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028, By Region
This chapter explains how the bronchoscopes market will grow across various geographic regions, such as North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa (MEA).
Chapter 13 – Global Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028, By Product Type
Based on the product type, the bronchoscopes market is segmented into non-video bronchoscopes and video bronchoscopes. In this chapter, readers can find information about key trends and developments in the bronchoscopes market and market attractive analysis based on the product type. In this chapter, readers can find information about key trends and developments in the bronchoscopes market and market attractive analysis based on the product type for each region.
Chapter 14 – Global Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028, By Modality
Based on the modality, the bronchoscopes market is segmented into rigid bronchoscopes, flexible fibre bronchoscopes and mobile bronchoscopes. In this chapter, readers can find information about key trends and developments in the bronchoscopes market and market attractive analysis based on modality. In this chapter, readers can find information about key trends and developments in the bronchoscopes market and market attractive analysis based on the Modality for each region
Chapter 15 – Global Bronchoscopes Market Analysis 2013–2017 and Opportunity Assessment 2018–2028, By End Users
Based on the end users, the bronchoscopes market is segmented into hospitals & outpatient centres. In this chapter, readers can find information about key trends and developments in the bronchoscopes market and market attractive analysis based on end users. In this chapter, readers can find information about key trends and developments in the bronchoscopes market and market attractive analysis based on the end users for each region.
Chapter 16 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.
Chapter 17 – Research Methodology
This chapter helps readers to understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the Bronchoscopes market.