Bronchoscopes are medical devices used to examine the inside of the lungs, trachea, and bronchi. The market for bronchoscopes is driven by factors such as the increasing prevalence of respiratory diseases, technological advancements, and growing demand for minimally invasive procedures. The rise in geriatric population and the increasing adoption of sedentary lifestyles are also contributing to the growth of the bronchoscopes market. However, factors such as the high cost of bronchoscopes and the risk of infections associated with their use are restraining market growth. In addition, the ongoing COVID-19 pandemic has also had a negative impact on the bronchoscopes market, as the procedure is considered high-risk for viral transmission. Nevertheless, the increasing demand for portable and handheld bronchoscopes is expected to offer lucrative opportunities for market players.
Key Companies in the Bronchoscopes Industry:
1. Olympus Corporation
Olympus Corporation is a Japanese company that was founded in 1919 and is headquartered in Tokyo, Japan. It is a global leader in the design, manufacture, and sale of precision machineries and instruments worldwide, including in the field of bronchoscopes. In October 2021, the company launched the EVIS X1 endoscopy system, which offers enhanced image quality and better diagnostic accuracy. Olympus Corporation operates in over 30 countries worldwide, including the United States, China, and Germany.
2. Fujifilm Holdings Corporation
Fujifilm Holdings Corporation is a Japanese multinational company that was founded in 1934 and is headquartered in Tokyo, Japan. The company is a global leader in the field of imaging, healthcare, and material solutions. Fujifilm Holdings Corporation offers a wide range of bronchoscopes and recently in July 2022, the company announced the launch of a new endoscopic system, the ELUXEO endoscopy system, which offers superior visualization and greater accuracy for diagnostic procedures. The company operates in over 50 countries worldwide, including the United States, China, and Canada.
3. PENTAX Medical Company
PENTAX Medical Company is a Japanese company that was founded in 1919 and is headquartered in Tokyo, Japan. The company is a global leader in the design, manufacture, and sale of medical devices, including in the field of bronchoscopes. In March 2022, the company announced the launch of its new line of endoscopic ultrasound products, the EchoTip ProCore Endobronchial Ultrasound (EBUS) needles, which are designed to provide superior diagnostic accuracy in the evaluation of lung cancer. PENTAX Medical Company operates in over 100 countries worldwide, including the United States, China, and the United Kingdom.
*Definition- Bronchoscopes are medical instruments used to examine the air passages and lungs. They are inserted through the mouth or nose and have a camera to capture images and a light to illuminate the area.
