Interventional Pulmonology Market Size, Share, and Analysis, By Product Type (Bronchoscopes, Electromagnetic Navigation Bronchoscopy Systems, Pleuroscopes, Respiratory Endotherapy Devices, Airway Stents, Pleural Catheters, Endobronchial Valves, and Bronchial Thermoplasty Systems), By Indication (Asthma, Chronic Obstructive Pulmonary Disease, Lung Cancer, Tracheal & Bronchial Stenosis, and Others), By End User (Hospitals, Ambulatory Surgical Canters, Diagnostic Canters, and Surgical Clinics) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Interventional Pulmonology Market size was USD 3.58 billion in 2021 and projected to grow from USD 4.1 billion in 2023 to USD 7.2 billion by 2032, exhibiting a CAGR of 6.5% during the forecast period.
Interventional pulmonology is a new field that emerged recently. Interventional pulmonology uses non-surgical, minimally invasive method to identify and treat thoracic cancer, lung cancer, tracheal cancer, and other respiratory system problems. It employs advanced devices to detect and treat a wide range of lung disorders. Few symptoms related to interventional pulmonary medicine are coughing, shortness of breath, and chest pain.
MARKET HIGHLIGHTS
Global Interventional Pulmonology Market is expected to reach USD 7.2 billion, growing at a CAGR of 6.5% during forecast period owing to the increasing occurrence of lung cancer is boosting the growth of interventional pulmonology market. Several awareness campaigns about asthma, COPD, and other pulmonary diseases by the governments and healthcare providers are driving the growth of interventional pulmonology market. The electromagnetic navigation bronchoscopy may save high compensation, which might boost the growth of the interventional pulmonology market. Partnership with hospitals and retailers is a marketing strategy adopted by significant players in the interventional pulmonology market.
Interventional Pulmonology Market Segments:

  • Product Type
  • ·Bronchoscopes
  • ·Electromagnetic Navigation Bronchoscopy System
  • ·Pleuroscopes
  • ·Respiratory Endotherapy Devices
  • ·Airway Stents, Pleural Catheters
  • ·Endobronchial Valves
  • ·Bronchial Thermoplasty Systems
  • Indication
  • ·Asthma
  • ·Chronic Obstructive Pulmonary Disease
  • ·Lung Cancer
  • ·Tracheal & Bronchial Stenosis
  • ·Others
  • End User
  • ·Hospitals
  • ·Ambulatory Surgical Canters
  • ·Diagnostic Canters
  • ·Surgical Clinics


MARKET DYNAMICS
Growth Drivers
Advancements in Technology is Expected to Boost the Growth of the Market
Increasing Prevalence of Respiratory Diseases is Expected to Boost the Growth of the Market
Restraint
High Interventional Cost of Pulmonology Procedures May Restrain the Growth of the Market

Key Players

  • Boston Scientific Corporation
  • Dickinson and Company
  • HUGER Medical Instrument Co., Ltd.
  • Smiths Group plc.
  • Cook Medical
  • Olympus Corporation
  • FUJIFILM Corporation
  • Richard Wolf Corporation
  • Karl Storz
  • Taewoong Medical Co., Ltd
  • Vygon
  • PENTAX Medical
  • Clarus Medical LLC


Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA




Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.