The Europe Bronchoscopes Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 248.0 thousand units, showcasing a growth of 9.4% (2019-2022).
When the bronchoscope traverses the respiratory tract, it is susceptible to transporting native microbial flora into the patient's body. One of the causes of this is an unsterilized bronchoscope, which can result in a new infection, a false infection from bronchoscope cross-contamination, and the spread of infection from one patient to another. The increasing number of elderly regionally is one of the main reasons for the rising prevalence of respiratory illnesses.
Bronchoscopy is still vital not only for diagnosis and staging but also for airway restoration in patients with central airway obstruction and the therapy of early central airway cancers. Consequently, the increasing incidence of these chronic respiratory diseases is anticipated to increase the demand for bronchoscopes.
According to Report on the French Aging Policy published by the UN, the nation faces a continuous and significant increase in older people. In 2012, there were 15 million people aged more than 60 years old in France. This number is expected to reach 24 million in 2060. The prevalence of respiratory conditions in an aging population in France drives the demand for bronchoscopic procedures and technologies. Timely and accurate diagnosis, staging, and treatment of respiratory conditions are critical for improving patient outcomes, and bronchoscopy remains a cornerstone in achieving these goals. All these factors will uplift the regional market expansion in the coming years.
The Germany market dominated the Europe Bronchoscopes Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $282.2 million by 2030. The UK market is exhibiting a CAGR of 5.6% during (2023 - 2030). Additionally, The France market would register a CAGR of 7.2% during (2023 - 2030).
Based on Type, the market is segmented into Flexible (Video, Fiberoptic, Hybrid), and Rigid. Based on Usage, the market is segmented into Reusable, and Disposable. Based on End Use, the market is segmented into Hospitals, and Outpatient Facilities. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Bronchoscopes Market will Hit $4.4 Billion by 2030, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Teleflex, Inc., Olympus Corporation, Ambu A/S, Karl Storz SE & Co. KG, Fujifilm Holdings Corporation, Boston Scientific Corporation, Cook Medical, Inc. (Cook Group), Medtronic PLC, Johnson & Johnson, Richard Wolf GmbH (The Richard and Annemarie Wolf Foundation)
By Type (Volume, Thousand Units, USD Billion/Million, 2019-2030)
By Usage (Volume, Thousand Units, USD Billion/Million, 2019-2030)
By End Use (Volume, Thousand Units, USD Billion/Million, 2019-2030)
By Country (Volume, Thousand Units, USD Billion/Million, 2019-2030)
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