Thailand Bronchial Biopsy Devices Market Size & Outlook
Thailand bronchial biopsy devices market, 2018-2030 (US$M)
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Thailand bronchial biopsy devices market highlights
- The Thailand bronchial biopsy devices market generated a revenue of USD 14.5 million in 2023 and is expected to reach USD 23.2 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7% 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 14.5 million |
| Market revenue in 2030 | USD 23.2 million |
| Growth rate | 7% (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, Thailand accounted for 2.4% 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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Thailand 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 63.45% in 2023. Horizon Databook has segmented the Thailand 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.
In Thailand, there is a growing preference for minimally invasive procedures, such as EBUS-TBNA. This technique is gaining traction due to its effectiveness in diagnosing lung cancer and other conditions with fewer complications compared to traditional methods.
In addition, the rising prevalence of respiratory diseases, such as COPD and lung cancer, is expected to drive the demand for bronchial biopsy devices. In 2020, lung cancer was ranked as the second most common cancer among men and the fourth most common among women in Thailand. It is estimated that there are about 23,713 new lung cancer cases and 20,395 deaths annually in the country.
Moreover, Thailand is making significant strides in enhancing its healthcare infrastructure with investments in public and private healthcare facilities. The government’s commitment to improving healthcare access and quality supports the adoption of advanced medical technologies, including 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 country-level data and insights on the Thailand bronchial biopsy devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand bronchial biopsy devices market size, by product, 2018-2030 (US$M)
Thailand Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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