Europe Bronchial Biopsy Devices Market Size & Outlook
Europe bronchial biopsy devices market, 2018-2030 (US$M)
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Europe bronchial biopsy devices market highlights
- The Europe bronchial biopsy devices market generated a revenue of USD 125.4 million in 2023.
- The market is expected to grow at a CAGR of 6.1% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 125.4 million |
| Market revenue in 2030 | USD 189.8 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Transbronchial needle aspiration (tbna) needles |
| Fastest growing segment | Transbronchial Needle Aspiration (TBNA) Needles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 21.0% of the global bronchial biopsy devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 317.6 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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Europe 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 62.92% in 2023. Horizon Databook has segmented the Europe 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.
The bronchial biopsy devices market growth in Europe can be attributed to the increasing prevalence of lung cancer, which remains one of the leading causes of cancer-related deaths across the region. The region’s advanced healthcare infrastructure supports adopting cutting-edge diagnostic technologies, including bronchial biopsy devices.
Countries such as Germany, France, and the UK are leading in market adoption due to their well-established medical facilities and high healthcare expenditure. In addition, the aging population in Europe contributes to the growing demand for bronchial biopsy procedures, as older adults are more susceptible to respiratory conditions.
Europe’s market is expected to witness significant technological advancements, with manufacturers focusing on developing minimally invasive devices that reduce patient discomfort and recovery time. Companies such as Olympus Corporation and Medtronic are prominent players in the market, offering a wide range of bronchial biopsy devices.
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Our clientele includes a mix of bronchial biopsy devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe bronchial biopsy devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe bronchial biopsy devices market size, by country, 2018-2030 (US$M)
Europe Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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