Australia Bronchial Biopsy Devices Market Size & Outlook
Australia bronchial biopsy devices market, 2018-2030 (US$M)
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Australia bronchial biopsy devices market highlights
- The Australia bronchial biopsy devices market generated a revenue of USD 18.9 million in 2023 and is expected to reach USD 31.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, transbronchial needle aspiration (tbna) needles was the largest revenue generating product in 2023.
- Transbronchial Needle Aspiration (TBNA) Needles is the most lucrative product segment registering the fastest growth during the forecast period.
Bronchial biopsy devices market data book summary
| Market revenue in 2023 | USD 18.9 million |
| Market revenue in 2030 | USD 31.5 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Transbronchial needle aspiration (tbna) needles |
| Fastest growing segment | Transbronchial Needle Aspiration (TBNA) Needles |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopsy Forceps, Transbronchial Needle Aspiration (TBNA) Needles, Cytology Brushes |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Conmed Corp, Medtronic PLC, Becton Dickinson & Co, Hobbs Medical, Cook Medical, Telemed Systems, Argon Medical Devices, Horizons International |
Other key industry trends
- In terms of revenue, Australia accounted for 3.2% of the global bronchial biopsy devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bronchial biopsy devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 42.8 million by 2030.
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Bronchial Biopsy Devices Market Scope
Bronchial Biopsy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia bronchial biopsy devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bronchial biopsy devices market will help companies and investors design strategic landscapes.
Transbronchial needle aspiration (tbna) needles was the largest segment with a revenue share of 65.08% in 2023. Horizon Databook has segmented the Australia bronchial biopsy devices market based on biopsy forceps, transbronchial needle aspiration (tbna) needles, cytology brushes covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is recognized for its advanced healthcare system, bolstered by the public and private sectors. The government’s emphasis on enhancing healthcare delivery and integrating technology is expected to drive the development and adoption of advanced diagnostic tools, including bronchial biopsy devices.
In Australia, the adoption of Endobronchial Ultrasound-Guided Transbronchial Needle Aspiration (EBUS-TBNA) is increasingly recognized for its effectiveness in diagnosing lung cancer and other respiratory conditions. This minimally invasive technique allows for the sampling of mediastinal lymph nodes, providing critical information for staging lung cancer and evaluating other thoracic diseases.
A notable study conducted across 4 Australian tertiary referral centers highlighted the utility of EBUS-TBNA in diagnosing mediastinal tuberculous lymphadenitis. The study demonstrated that EBUS-TBNA is effective and has a high diagnostic accuracy for various conditions, including lung cancer.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia bronchial biopsy devices market , including forecasts for subscribers. This country databook contains high-level insights into Australia bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia bronchial biopsy devices market size, by product, 2018-2030 (US$M)
Australia Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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