North America Bronchial Biopsy Devices Market Size & Outlook
North America bronchial biopsy devices market, 2018-2030 (US$M)
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North America bronchial biopsy devices market highlights
- The North America bronchial biopsy devices market generated a revenue of USD 242.6 million in 2023.
- The market is expected to grow at a CAGR of 7.5% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 242.6 million |
| Market revenue in 2030 | USD 403.7 million |
| Growth rate | 7.5% (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, North America region accounted for 40.7% 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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North America 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 69% in 2023. Horizon Databook has segmented the North America 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 in North America is expected to witness significant growth, driven by increasing respiratory disease prevalence, technological advancements, and a shift toward disposable devices for enhanced safety. As healthcare providers continue to adopt innovative diagnostic tools, the market is expected to expand, providing opportunities for established players and new entrants.
In addition, the rising prevalence of lung cancer in North America is one of the major factors expected to boost the bronchial biopsy devices market. According to data released by the CDC in June 2024, around 209,500 new cases of lung cancer were reported in the U.S. in 2021.
Moreover, an increase in chronic respiratory conditions, such as Chronic Obstructive Pulmonary Disease (COPD) and interstitial lung diseases, contributes to the demand for bronchial biopsies for diagnostic & management purposes, thereby driving market growth.
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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 North America bronchial biopsy devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America bronchial biopsy devices market size, by country, 2018-2030 (US$M)
North America Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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