Interventional Pulmonology Market Analysis by Top Trends and Growth Opportunities to 2032 - PowerPoint PPT Presentation

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Interventional Pulmonology Market Analysis by Top Trends and Growth Opportunities to 2032

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The global interventional pulmonology market size was USD 1.36 Billion in 2022 and is expected to reach USD 2.31 Billion by 2032, and register a rapid revenue CAGR of 5.3% during the forecast period. Rising prevalence of respiratory illnesses and demand for minimally invasive procedures and developments in interventional pulmonology technology are major factors driving market revenue growth. – PowerPoint PPT presentation

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Title: Interventional Pulmonology Market Analysis by Top Trends and Growth Opportunities to 2032


1
  • The global market size for interventional
    pulmonology market reached USD 1.36 Billion in
    2022 and is projected to attain USD 2.31 Billion
    by 2032, exhibiting a robust compound annual
    growth rate (CAGR) of 5.3 throughout the
    forecast period. The surge in the prevalence of
    respiratory ailments, coupled with the growing
    demand for minimally invasive procedures and
    advancements in interventional pulmonology
    technology, stands as key catalysts propelling
    the market's revenue expansion.
  • On a worldwide scale, the incidence of
    respiratory diseases such as asthma, lung cancer,
    and chronic obstructive pulmonary disease (COPD)
    is on the rise, fostering an increased need for
    interventional pulmonology interventions.
    According to the World Health Organization (WHO),
    by 2030, COPD is expected to surpass heart
    disease, emerging as the third leading cause of
    global mortality.
  • Request a sample report of Interventional
    Pulmonology Market
  • _at_ https//www.reportsanddata.com/download-free-sam
    ple/7363
  • The increasing prevalence of respiratory
    illnesses due to an aging population and high
    smoking rates is anticipated to bolster market
    revenue growth. Minimally invasive procedures, in
    comparison to more conventional surgical
    treatments, are associated with lower levels of
    pain, shorter hospital stays, and a reduced risk
    of complications. Moreover, advancements in
    interventional pulmonology technology play a
    pivotal role in driving market revenue growth.
    The precision and safety of interventional
    pulmonology procedures have seen improvements
    through developments in navigation systems,
    diagnostic imaging, and bronchoscopy. The
    progression of robotic-assisted bronchoscopy
    further enhances the accuracy and effectiveness
    of interventional pulmonology procedures.
  • Furthermore, healthcare costs and government
    initiatives to promote the use of interventional
    pulmonology procedures are also expected to drive
    market revenue growth during the forecast period.
    Governments worldwide are investing in healthcare
    infrastructure and advocating for the adoption of
    state-of-the-art medical technologies to enhance
    patient outcomes. For instance, the National Lung
    Screening Trial (NLST) in the U.S. recommended
    low-dose Computed Tomography (CT) screening for
    lung cancer, consequently increasing the demand
    for interventional pulmonology procedures.
  • Some Key Highlights from the Report
  • Bronchoscopy is the most often used
    interventional pulmonary method, followed by
    thoracoscopy and pleuroscopy. Bronchoscopy
    involves inserting a short, flexible tube called
    a Bronchoscope through the mouth or nose and into
    the lungs to identify and treat different lung
    illnesses. It is commonly used in the diagnosis
    of lung cancer, chronic obstructive pulmonary
    disease (COPD), and other respiratory disorders.
    Bronchoscopy will account for the largest revenue
    share of the interventional pulmonology market in
    2022. In addition to advancements in bronchoscopy
    technology and methods, increased lung disease
    prevalence is expected to drive market growth in
    the coming years.
  • The lung cancer segment accounted for a large
    revenue share of the global interventional
    pulmonology market in 2022. According to the
    World Health Organization (WHO), lung cancer is
    the leading cause of cancer-related deaths
    worldwide, with more than 1.8 million deaths
    expected in 2020. Interventional pulmonology
    employs a minimally invasive technique for the
    detection and treatment of lung cancer, which
    involves bronchoscopy for biopsy, endobronchial
    Ultrasound-guided transbronchial needle
    aspiration (EBUS-TBNA) for staging, and airway
    stent

2
  • implantation for palliative care. The rising
    prevalence of lung cancer and the increasing
    adoption of minimally invasive procedures for its
    diagnosis and treatment are expected to drive
    revenue growth in the interventional pulmonology
    market.
  • The North American region is expected to have a
    dominant market share for interventional
    pulmonology during the forecast period. The
    increasing prevalence of lung illnesses and the
    increased need for less invasive procedures are
    the primary factors impacting market expansion in
    this area. Furthermore, the area is home to some
    of the finest interventional pulmonology clinics
    and has a well-established healthcare
    infrastructure. Adoption of cutting-edge
    technology and increased RD expenditures are
    also driving the market in this sector.
  • Key Players covered in this report are
  • Boston Scientific Corporation
  • Cook Group Incorporated
  • Olympus Corporation
  • Medtronic
  • Johnson Johnson
  • Fujifilm Holdings Corporation
  • Endo International plc
  • Stryker Corporation
  • BD (Becton, Dickinson and Company)
  • Teleflex Incorporated
  • Procedure Type Outlook (Revenue, USD Billion
    2022 - 2032)
  • Bronchoscopy
  • Thoracoscopy
  • Pleuroscopy
  • Tracheobronchial Stent Placement
  • Others

3
  • Read the full report _at_ https//www.reportsanddata.
    com/report-detail/interventional-pulmonology-
    market
  • Based on Region market is segmented into
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East Africa
  • Major Points covered in this report are as below
  • An analysis of Interventional Pulmonology
    industry development trends and marketing
    channels, as well as an assessment of the
    feasibility of new investment projects, is
    presented in the study.
  • In addition to providing key statistics on the
    industry, the report provides valuable guidance
    and direction for companies and individuals
    interested in this market through tables and
    figures.
  • In addition to developing policies and plans,
    this report analyzes manufacturing processes and
    cost structures. It also provides information
    about import/export demand, costs, prices,
    revenues, and gross margins.
  • This report provides information on the market
    status of Interventional Pulmonology
    manufacturers and provides valuable insight into
    the market for companies and individuals.
  • Request a customization of the report _at_
    https//www.reportsanddata.com/request-customizati
    on- form/7363
  • We can also provide the customized data for
    separate regions like North America, United
    States, Canada, Mexico, Asia-Pacific, China,
    India, Japan, South Korea, Australia, Indonesia,
    Singapore, Rest of Asia-Pacific, Europe, Germany,
    France, UK, Italy, Spain, Russia, Rest of Europe,
    Central South America, Brazil, Argentina, Rest
    of South America, Middle East Africa, Saudi
    Arabia, Turkey, Rest of Middle East
  • Africa
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4
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