The North America Interventional Pulmonology Market would witness market growth of 5.8% CAGR during the forecast period (2023-2029).
In recent years, bronchoscopy and thoracoscopy have gained popularity as minimally invasive surgical procedures. These techniques reduce the likelihood of surgical problems and provide a quicker recovery for the patient. In addition, the introduction of novel drugs and therapies for respiratory problems has significantly impacted the market share of interventional pulmonology. Asthma and chronic obstructive pulmonary disease, for instance, are increasingly treated with monoclonal antibodies and other biological treatments, including monoclonal antibodies.
Technological advancements are also anticipated to substantially impact the expansion of the interventional pulmonology market share over the forecast period, leading to improved patient outcomes and a rise in demand for interventional pulmonology services. In the interventional pulmonology market, robotic bronchoscopy is becoming a game-changer. Businesses are expected to work with researchers to develop revolutionary robotic bronchoscopy platforms that enable pulmonologists to see and access lung lesions without invasive surgery.
According to the Centers for Disease Control and Prevention, 16 million Americans have been diagnosed with chronic obstructive pulmonary disease (COPD), which includes emphysema and chronic bronchitis. In addition, millions more people have COPD but have not received a diagnosis or treatment. In Canada, 2.0 million people had the chronic obstructive pulmonary disease in 2019. (COPD). Additionally, the CDC reports that 3.08 million middle and high school adolescents use at least one tobacco product, primarily e-cigarettes and that nearly 40 million American adults still smoke cigarettes. Almost 1,600 American teenagers under the age of 18 light up their first cigarette every day. As a result, North America has greater growth prospects for interventional pulmonology.
The US market dominated the North America Interventional Pulmonology Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,628.5 million by 2029. The Canada market is poised to grow at a CAGR of 8.2% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 7.2% during (2023 - 2029).
Based on Product, the market is segmented into Bronchoscopes, Electromagnetic Navigation Bronchoscopy System, Bronchial Thermoplasty Systems, Pleuroscopes, Respiratory Endotherapy Devices, Endobronchial Valves and Airway Stents & Pleural Catheters. Based on Indication, the market is segmented into Asthma, Lung Cancer, COPD, Tracheal & Bronchial Stenosis and Others. Based on End-user, the market is segmented into Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Specialty Clinics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Interventional Pulmonology Market is Projected to reach USD 5.9 Billion by 2029, 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 Medtronic PLC, Boston Scientific Corporation, Becton, Dickinson and Company, Olympus Corporation, Fujifilm Holdings Corporation, ICU Medical, Inc. (Smiths Medical), HUGER Medical Instrument Co., Ltd, Cook Medical, Inc. (Cook Group), Clarus Medical LLC and Vygon SAS.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Bronchoscopes
- Electromagnetic Navigation Bronchoscopy System
- Bronchial Thermoplasty Systems
- Pleuroscopes
- Respiratory Endotherapy Devices
- Endobronchial Valves
- Airway Stents & Pleural Catheters
By Indication
- Asthma
- Lung Cancer
- COPD
- Tracheal & Bronchial Stenosis
- Others
By End-user
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
- Specialty Clinics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Boston Scientific Corporation
- Becton, Dickinson and Company
- Olympus Corporation
- Fujifilm Holdings Corporation
- ICU Medical, Inc. (Smiths Medical)
- HUGER Medical Instrument Co., Ltd
- Cook Medical, Inc. (Cook Group)
- Clarus Medical LLC
- Vygon SAS
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Interventional Pulmonology Market, by Product
1.4.2 North America Interventional Pulmonology Market, by Indication
1.4.3 North America Interventional Pulmonology Market, by End-user
1.4.4 North America Interventional Pulmonology Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Interventional Pulmonology Market by Product
3.1 North America Bronchoscopes Market by Country
3.2 North America Electromagnetic Navigation Bronchoscopy System Market by Country
3.3 North America Bronchial Thermoplasty Systems Market by Country
3.4 North America Pleuroscopes Market by Country
3.5 North America Respiratory Endotherapy Devices Market by Country
3.6 North America Endobronchial Valves Market by Country
3.7 North America Airway Stents & Pleural Catheters Market by Country
Chapter 4. North America Interventional Pulmonology Market by Indication
4.1 North America Asthma Market by Country
4.2 North America Lung Cancer Market by Country
4.3 North America COPD Market by Country
4.4 North America Tracheal & Bronchial Stenosis Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Interventional Pulmonology Market by End-user
5.1 North America Hospitals Market by Country
5.2 North America Ambulatory Surgical Centers Market by Country
5.3 North America Diagnostic Centers Market by Country
5.4 North America Specialty Clinics Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Interventional Pulmonology Market by Country
6.1 US Interventional Pulmonology Market
6.1.1 US Interventional Pulmonology Market by Product
6.1.2 US Interventional Pulmonology Market by Indication
6.1.3 US Interventional Pulmonology Market by End-user
6.2 Canada Interventional Pulmonology Market
6.2.1 Canada Interventional Pulmonology Market by Product
6.2.2 Canada Interventional Pulmonology Market by Indication
6.2.3 Canada Interventional Pulmonology Market by End-user
6.3 Mexico Interventional Pulmonology Market
6.3.1 Mexico Interventional Pulmonology Market by Product
6.3.2 Mexico Interventional Pulmonology Market by Indication
6.3.3 Mexico Interventional Pulmonology Market by End-user
6.4 Rest of North America Interventional Pulmonology Market
6.4.1 Rest of North America Interventional Pulmonology Market by Product
6.4.2 Rest of North America Interventional Pulmonology Market by Indication
6.4.3 Rest of North America Interventional Pulmonology Market by End-user
Chapter 7. Company Profiles
7.1 Medtronic PLC
7.1.1 Company overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Boston Scientific Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.2.5.2 Trials and Approvals:
7.2.6 SWOT Analysis
7.3 Becton, Dickinson and Company
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Olympus Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Acquisition and Mergers:
7.5 Fujifilm Holdings Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 ICU Medical, Inc. (Smiths Medical)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expenses
7.7 HUGER Medical Instrument Co., Lt
7.7.1 Company Overview
7.8 Cook Medical, Inc. (Cook Group)
7.8.1 Company Overview
7.9 Clarus Medical LLC
7.9.1 Company Overview
7.10. Vygon SAS
7.10.1 Company Overview
TABLE 1 North America Interventional Pulmonology Market, 2019 - 2022, USD Million
TABLE 2 North America Interventional Pulmonology Market, 2023 - 2029, USD Million
TABLE 3 North America Interventional Pulmonology Market by Product, 2019 - 2022, USD Million
TABLE 4 North America Interventional Pulmonology Market by Product, 2023 - 2029, USD Million
TABLE 5 North America Bronchoscopes Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Bronchoscopes Market by Country, 2023 - 2029, USD Million
TABLE 7 North America Electromagnetic Navigation Bronchoscopy System Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Electromagnetic Navigation Bronchoscopy System Market by Country, 2023 - 2029, USD Million
TABLE 9 North America Bronchial Thermoplasty Systems Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Bronchial Thermoplasty Systems Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Pleuroscopes Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Pleuroscopes Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Respiratory Endotherapy Devices Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Respiratory Endotherapy Devices Market by Country, 2023 - 2029, USD Million
TABLE 15 North America Endobronchial Valves Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Endobronchial Valves Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Airway Stents & Pleural Catheters Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Airway Stents & Pleural Catheters Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Interventional Pulmonology Market by Indication, 2019 - 2022, USD Million
TABLE 20 North America Interventional Pulmonology Market by Indication, 2023 - 2029, USD Million
TABLE 21 North America Asthma Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Asthma Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Lung Cancer Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Lung Cancer Market by Country, 2023 - 2029, USD Million
TABLE 25 North America COPD Market by Country, 2019 - 2022, USD Million
TABLE 26 North America COPD Market by Country, 2023 - 2029, USD Million
TABLE 27 North America Tracheal & Bronchial Stenosis Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Tracheal & Bronchial Stenosis Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 31 North America Interventional Pulmonology Market by End-user, 2019 - 2022, USD Million
TABLE 32 North America Interventional Pulmonology Market by End-user, 2023 - 2029, USD Million
TABLE 33 North America Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 35 North America Ambulatory Surgical Centers Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Ambulatory Surgical Centers Market by Country, 2023 - 2029, USD Million
TABLE 37 North America Diagnostic Centers Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Diagnostic Centers Market by Country, 2023 - 2029, USD Million
TABLE 39 North America Specialty Clinics Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Specialty Clinics Market by Country, 2023 - 2029, USD Million
TABLE 41 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 43 North America Interventional Pulmonology Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Interventional Pulmonology Market by Country, 2023 - 2029, USD Million
TABLE 45 US Interventional Pulmonology Market, 2019 - 2022, USD Million
TABLE 46 US Interventional Pulmonology Market, 2023 - 2029, USD Million
TABLE 47 US Interventional Pulmonology Market by Product, 2019 - 2022, USD Million
TABLE 48 US Interventional Pulmonology Market by Product, 2023 - 2029, USD Million
TABLE 49 US Interventional Pulmonology Market by Indication, 2019 - 2022, USD Million
TABLE 50 US Interventional Pulmonology Market by Indication, 2023 - 2029, USD Million
TABLE 51 US Interventional Pulmonology Market by End-user, 2019 - 2022, USD Million
TABLE 52 US Interventional Pulmonology Market by End-user, 2023 - 2029, USD Million
TABLE 53 Canada Interventional Pulmonology Market, 2019 - 2022, USD Million
TABLE 54 Canada Interventional Pulmonology Market, 2023 - 2029, USD Million
TABLE 55 Canada Interventional Pulmonology Market by Product, 2019 - 2022, USD Million
TABLE 56 Canada Interventional Pulmonology Market by Product, 2023 - 2029, USD Million
TABLE 57 Canada Interventional Pulmonology Market by Indication, 2019 - 2022, USD Million
TABLE 58 Canada Interventional Pulmonology Market by Indication, 2023 - 2029, USD Million
TABLE 59 Canada Interventional Pulmonology Market by End-user, 2019 - 2022, USD Million
TABLE 60 Canada Interventional Pulmonology Market by End-user, 2023 - 2029, USD Million
TABLE 61 Mexico Interventional Pulmonology Market, 2019 - 2022, USD Million
TABLE 62 Mexico Interventional Pulmonology Market, 2023 - 2029, USD Million
TABLE 63 Mexico Interventional Pulmonology Market by Product, 2019 - 2022, USD Million
TABLE 64 Mexico Interventional Pulmonology Market by Product, 2023 - 2029, USD Million
TABLE 65 Mexico Interventional Pulmonology Market by Indication, 2019 - 2022, USD Million
TABLE 66 Mexico Interventional Pulmonology Market by Indication, 2023 - 2029, USD Million
TABLE 67 Mexico Interventional Pulmonology Market by End-user, 2019 - 2022, USD Million
TABLE 68 Mexico Interventional Pulmonology Market by End-user, 2023 - 2029, USD Million
TABLE 69 Rest of North America Interventional Pulmonology Market, 2019 - 2022, USD Million
TABLE 70 Rest of North America Interventional Pulmonology Market, 2023 - 2029, USD Million
TABLE 71 Rest of North America Interventional Pulmonology Market by Product, 2019 - 2022, USD Million
TABLE 72 Rest of North America Interventional Pulmonology Market by Product, 2023 - 2029, USD Million
TABLE 73 Rest of North America Interventional Pulmonology Market by Indication, 2019 - 2022, USD Million
TABLE 74 Rest of North America Interventional Pulmonology Market by Indication, 2023 - 2029, USD Million
TABLE 75 Rest of North America Interventional Pulmonology Market by End-user, 2019 - 2022, USD Million
TABLE 76 Rest of North America Interventional Pulmonology Market by End-user, 2023 - 2029, USD Million
TABLE 77 Key Information - Medtronic PLC
TABLE 78 key Information - Boston Scientific Corporation
TABLE 79 Key information - Becton, Dickinson and Company
TABLE 80 key Information - Olympus Corporation
TABLE 81 Key Information - Fujifilm Holdings Corporation
TABLE 82 Key information - ICU Medical, Inc. (Smiths medical)
TABLE 83 Key Information - HUGER Medical Instrument Co., Ltd
TABLE 84 key Information - Cook Medical, Inc.
TABLE 85 Key Information - Clarus Medical LLC
TABLE 86 Key Information - Vygon SAS
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Medtronic plc
FIG 3 Recent strategies and developments: Boston Scientific Corporation
FIG 4 SWOT Analysis: Boston Scientific Corporation
FIG 5 Swot analysis: Becton, Dickinson and company