Bronchoscopes Market Size To Reach $2.42 Billion By 2030

Bronchoscopes Market Growth & Trends

The global bronchoscopes market size is expected to reach USD 2.42 billion by 2030, according to a new report by Grand View Research, Inc., growing at CAGR of 11.4% from 2024 to 2030. Demand for bronchoscopes is increasing due to rising prevalence of respiratory diseases, favorable reimbursement policies, and technological advancements.

Increasing prevalence of respiratory diseases is the primary factor resulting in high demand for bronchoscopes. According to the World Cancer Research Fund International, around 58.0% of lung cancer cases in 2012 occurred in less developed countries.

Some of the companies in the market are Teleflex Incorporated, Olympus Corporation, Ambu A/s, Karl Storz, Fujifilm Holdings Corporation, Boston Scientific Corporation, and Cogentix Medical.

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Bronchoscopes Market Report Highlights

• The disposable segment dominated the market with 60.2% revenue share in 2023. This is due to flexibility and convenience, which results in less discomfort during procedures.

• The disposable segment dominated the market with 60.2% of revenue share in 2023. This is due to the growing concern regarding healthcare-associated infections which has led to a shift towards single-use medical devices to reduce the risk of cross-contamination.

• Outpatient facilities dominated the market with 53.2% share in 2023. Advancements in technology have led to the development of portable and user-friendly bronchoscopes, making them suitable for outpatient settings where space may be limited.

• North America bronchoscopes market dominated with 41.5% market share in 2023.

Bronchoscopes Market Segmentation

Grand View Research has segmented the global bronchoscopes market on the basis of product, application, end use, and region:

Bronchoscopes Product Outlook (Revenue, USD Million, 2018 - 2030)

• Rigid

• Flexible

• Disposable

Bronchoscopes Application Outlook (Revenue, USD Million, 2018 - 2030)

• Reusable

• Disposable

Bronchoscopes End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Outpatient Facilities

Bronchoscopes Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Mexico

  • Canada

• Europe

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

  • Thailand

  • Australia

• Latin America

  • Brazil

  • Argentina

• MEA

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players of Bronchoscopes Market

• Olympus Corporation

• Ambu A/S

• Teleflex Incorporated.

• KARL STORZ SE & Co. KG

• FUJIFILM Holdings Corporation

• Boston Scientific Corporation

• Richard Wolf GmbH

• HOYA Corporation

• Cook Medical

• Broncus Medical, Inc.