World’s Leading Bronchoscope Manufacturers

Key market players like PENTAX Medical Co, Fujifilm Holdings Corp, and KARL STORZ SE & Co KG are investing in effective strategies to retain their market shares in the Bronchoscopes market in the region.

The bronchoscopes market in the Asia-Pacific (APAC) regionis expected to grow at a compound annual growth rate (CAGR) of 4.9% between 2019 and 2028, according to the latest report. APAC is one of the fastest-growing regions in the global bronchoscopes market. The region accounted for 37% of the global share in terms of revenue in 2019.

Among major manufacturers, Olympus Corp has established itself as the market leader in the APAC region, owing to its focus on innovation and development of technologically advanced products. This is expected to help in meeting the increased demands for patient comfort.

In the APAC region, flexible video bronchoscopes are the major revenue contributors within the video bronchoscopes segment, growing at a CAGR of 5% between 2019 and 2028, followed by mobile bronchoscopes.

Initiatives such as the government-driven price management and reimbursement controls are likely to help the local manufacturers increase their share in the bronchoscopes market. Increased incidence of lung cancer and respiratory diseases such as chronic obstructive pulmonary disease (COPD) will be the major market drivers.

 

The introduction of endo-bronchial ultrasound (EBUS) technique and thriving investments in bronchoscopy facilities will revolutionize the field of diagnostic bronchoscopy, by providing enhanced views of the bronchial wall, helping the physicians make more accurate clinical decisions while increasing patient safety and driving the market forward. The launch of single-use bronchoscopes in the APAC countries will further drive the growth of the bronchoscopes market in the future.