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Global Interventional Pulmonology Market to reach USD 6.63 billion by the end of 2030.

Global Interventional Pulmonology Market Size Study & Forecast, by Product (Bronchoscopes, Electromagnetic Navigation Bronchoscopy System, Pleuroscopes, Respiratory Endotherapy Devices, Airway Stents, Pleural Catheters, Endobronchial Valves, Bronchial Thermoplasty Systems), by Indication (Asthma, COPD, Lung Cancer, Tracheal and Bronchial Stenosis, Others), by End-user (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Specialty Clinics, Others), and Regional Analysis, 2023-2030

Product Code: HLSMD-68732984
Publish Date: 4-10-2023
Page: 200

Global Interventional Pulmonology Market is valued at approximately USD 3.95 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2023-2030. Interventional pulmonology is a medical specialty that focuses on the detection and treatment of different illnesses and ailments which impact the respiratory system, particularly the lungs, and airways. Advanced endoscopic methods and minimally invasive treatments are used in this new and rapidly evolving field to offer diagnostic and therapeutic approaches for patients with lung and airway problems. The rising inclination towards the minimally invasive nature of procedures, growing emphasis on early diagnosis and screening, rising geriatric population, and favorable reimbursement policies are the major factors that are fueling the market demand across the globe.

The rising prevalence of respiratory diseases such as lung cancer, chronic obstructive pulmonary disease (COPD), and various pulmonary infections has led to a growing demand for interventional pulmonology procedures. According to the World Health Organization, in 2020, it was estimated that nearly 2.21 million new cases of trachea, bronchus, and lung cancer were recorded globally, which is projected to rise and is likely to reach 3.63 million new cases by 2040. As these conditions become more prevalent, the need for minimally invasive diagnostic and therapeutic interventions provided by interventional pulmonology increases. Thus, these aforementioned factors are propelling the growth of the Interventional Pulmonology Market during the estimated period. Moreover, the increasing technological advancements in endoscopic techniques, as well as the ongoing research and development activities present various lucrative opportunities over the forecast years. However, the high cost of procedures and equipment and the dearth of specialized training and expertise are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Interventional Pulmonology Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing technological developments related to endoscopic procedures, and a shift towards minimally invasive surgery in developed nations such as the U.S. Additionally, the escalation of air pollution and the prevalence of lung disorders brought on by heavy smoking are significant market development factors. Asia Pacific is expected to grow at the highest CAGR over the forecast years. The increasing aging population, rising healthcare spending, and improvements in lung disease diagnosis and treatment are significantly propelling the market demand across the region.

Major market players included in this report are:
Argon Medical Systems LLP
Body Vision Medical Ltd.
Boston Scientific Corporation
C. R. Bard, Inc. (Becton, Dickinson and Company)
CONMED Corporation
ENDO-FLEX GmbH
Fujifilm Corporation
KARL STORZ SE & Co. KG
Medtronic
Olympus Corporation

Recent Developments in the Market:
Ø In April 2021, Olympus Corporation unveiled the 510(k)-cleared H-SteriScope Single-Use Bronchoscopes, a range of five premium endoscopes for use in innovative diagnostic and therapeutic procedures, have been added to Olympus Corporation’s U.S. bronchoscopy portfolio.

Global Interventional Pulmonology Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Indication, End-user, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Bronchoscopes
Electromagnetic Navigation Bronchoscopy System
Pleuroscopes
Respiratory Endotherapy Devices
Airway Stents
Pleural Catheters
Endobronchial Valves
Bronchial Thermoplasty Systems

By Indication:
Asthma
COPD
Lung Cancer
Tracheal and Bronchial Stenosis
Others

By End-user:
Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Specialty Clinics
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Interventional Pulmonology Market, by Region, 2020-2030 (USD Billion)
1.2.2. Interventional Pulmonology Market, by Product, 2020-2030 (USD Billion)
1.2.3. Interventional Pulmonology Market, by Indication, 2020-2030 (USD Billion)
1.2.4. Interventional Pulmonology Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Interventional Pulmonology Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Interventional Pulmonology Market Dynamics
3.1. Interventional Pulmonology Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing prevalence of respiratory diseases
3.1.1.2. Growing emphasis on early diagnosis and screening
3.1.2. Market Challenges
3.1.2.1. High cost of procedures and equipment
3.1.2.2. Dearth of specialized training and expertise
3.1.3. Market Opportunities
3.1.3.1. Increasing technological advancements in endoscopic techniques
3.1.3.2. Ongoing research and development activities
Chapter 4. Global Interventional Pulmonology Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Interventional Pulmonology Market, by Product
5.1. Market Snapshot
5.2. Global Interventional Pulmonology Market by Product, Performance – Potential Analysis
5.3. Global Interventional Pulmonology Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Interventional Pulmonology Market, Sub Segment Analysis
5.4.1. Bronchoscopes
5.4.2. Electromagnetic Navigation Bronchoscopy System
5.4.3. Pleuroscopes
5.4.4. Respiratory Endotherapy Devices
5.4.5. Airway Stents
5.4.6. Pleural Catheters
5.4.7. Endobronchial Valves
5.4.8. Bronchial Thermoplasty Systems
Chapter 6. Global Interventional Pulmonology Market, by Indication
6.1. Market Snapshot
6.2. Global Interventional Pulmonology Market by Indication, Performance – Potential Analysis
6.3. Global Interventional Pulmonology Market Estimates & Forecasts by Indication 2020-2030 (USD Billion)
6.4. Interventional Pulmonology Market, Sub Segment Analysis
6.4.1. Asthma
6.4.2. COPD
6.4.3. Lung Cancer
6.4.4. Tracheal and Bronchial Stenosis
6.4.5. Others
Chapter 7. Global Interventional Pulmonology Market, by End-user
7.1. Market Snapshot
7.2. Global Interventional Pulmonology Market by End-user, Performance – Potential Analysis
7.3. Global Interventional Pulmonology Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
7.4. Interventional Pulmonology Market, Sub Segment Analysis
7.4.1. Hospitals
7.4.2. Ambulatory Surgical Centers
7.4.3. Diagnostic Centers
7.4.4. Specialty Clinics
7.4.5. Others
Chapter 8. Global Interventional Pulmonology Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Interventional Pulmonology Market, Regional Market Snapshot
8.4. North America Interventional Pulmonology Market
8.4.1. U.S. Interventional Pulmonology Market
8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
8.4.1.2. Indication breakdown estimates & forecasts, 2020-2030
8.4.1.3. End-user breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Interventional Pulmonology Market
8.5. Europe Interventional Pulmonology Market Snapshot
8.5.1. U.K. Interventional Pulmonology Market
8.5.2. Germany Interventional Pulmonology Market
8.5.3. France Interventional Pulmonology Market
8.5.4. Spain Interventional Pulmonology Market
8.5.5. Italy Interventional Pulmonology Market
8.5.6. Rest of Europe Interventional Pulmonology Market
8.6. Asia-Pacific Interventional Pulmonology Market Snapshot
8.6.1. China Interventional Pulmonology Market
8.6.2. India Interventional Pulmonology Market
8.6.3. Japan Interventional Pulmonology Market
8.6.4. Australia Interventional Pulmonology Market
8.6.5. South Korea Interventional Pulmonology Market
8.6.6. Rest of Asia Pacific Interventional Pulmonology Market
8.7. Latin America Interventional Pulmonology Market Snapshot
8.7.1. Brazil Interventional Pulmonology Market
8.7.2. Mexico Interventional Pulmonology Market
8.8. Middle East & Africa Interventional Pulmonology Market
8.8.1. Saudi Arabia Interventional Pulmonology Market
8.8.2. South Africa Interventional Pulmonology Market
8.8.3. Rest of Middle East & Africa Interventional Pulmonology Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Argon Medical Systems LLP
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Body Vision Medical Ltd.
9.3.3. Boston Scientific Corporation
9.3.4. C. R. Bard, Inc. (Becton, Dickinson and Company)
9.3.5. CONMED Corporation
9.3.6. ENDO-FLEX GmbH
9.3.7. Fujifilm Corporation
9.3.8. KARL STORZ SE & Co. KG
9.3.9. Medtronic
9.3.10. Olympus Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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