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Bronchoscopy Market Size

Report ID: GMI5249
Published Date: Oct 2023
Report Format: PDF

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Bronchoscopy Market Size

Bronchoscopy Market size was valued at USD 2.8 billion in 2022 and is estimated to account for USD 6 billion by 2032. Bronchoscopy is the most common interventional pulmonology technique performed using a bronchoscope. It can be carried out using either single-use or reusable bronchoscopes.

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According to WHO, chronic obstructive pulmonary disease (COPD) is one of the leading causes of death globally, with nearly 3.23 million casualties reported in 2019. Therefore, the growing chronic respiratory disease burden highlights the significance of bronchoscopy as a crucial treatment, making it significant driver for the market progress.

Moreover, as healthcare systems and individuals become more aware of the importance of early detection and screening for lung cancer, the demand for bronchoscopy procedures have increased considerably. Patients and healthcare providers are increasingly turning to bronchoscopy as a valuable tool for diagnosing lung cancer in its early and more treatable stages.

Bronchoscopy Market Report Attributes
Report Attribute	Details
Base Year:	2022
Bronchoscopy Market Size in 2022:	USD 2.8 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.7%
2032 Value Projection:	USD 6 Billion
Historical Data for:	2018 to 2022
No. of Pages:	145
Tables, Charts & Figures:	205
Segments covered:	Product Type, Product Usage, Age group, and Region
Growth Drivers:	Growing prevalence of chronic respiratory diseases. Increasing demand for minimally invasive procedures Technological advancement in bronchoscopes Expanding geriatric population base
Pitfalls & Challenges:	Stringent regulatory process Dearth of skilled physicians and pulmonologists

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

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