Endobronchial Ultrasound Biopsy Market Is Expanding Owing To Increasing Cases Of Respiratory Disorders And Growing Geriatric Population
Overview:
An endobronchial ultrasound can help doctors determine whether or not a patient has lung cancer. It helps physicians obtain tissue and mediastinal lymph nodes. In contrast to a biopsy, an EBUS allows healthcare providers to see inside the lungs allowing doctors to determine the stage of the cancer. The growth of the endobronchial ultrasound biopsy market is due to the fact that it is a minimally invasive procedure, which is becoming more popular across the world. As compared to open surgeries, endobronchial ultrasound biopsy involves only a few small incisions. Moreover, there is less tissue damage and discomfort, which helps in reducing the risk of surgical scarring.
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Market Dynamics:
Factors such as large number of patients with respiratory diseases and growing demand for less invasive procedures are expected to boost growth of the global endobronchial ultrasound biopsy market during the forecast period. Endobronchial ultrasound procedures are used for diagnosing various types of lung disorders and growing cases of respiratory diseases are driving the demand for endobronchial ultrasound biopsy. For instance, the Health and Safety Executive (HSE), UK published Occupation Lung Disease statistics in Great Britain in December 2021, according to which, 17,000 estimated new self-reported breathing or lung problems cases were registered in 2021 in the U.K.
However, complications associated with sedation like hypotension and hypoxemia that can possibly occur during the procedures, are likely to hinder growth of the global endobronchial ultrasound biopsy market over the forecast period.
Impact of COVID-19:
The COVID-19 pandemic adversely affected various industries. The outbreak of COVID-19 virus led to countries shutting down borders and implementing strict lockdown regulations. Due to this, non-emergency hospital procedures were suspended, which further affected growth of the endobronchial ultrasound biopsy market. However, increasing cases of COVID-19 boosted the demand for endobronchial ultrasound biopsy as patients with lung diseases were at high risk if they contracted COVID-19.
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Key Takeaways:
- The global endobronchial ultrasound biopsy market is expected to grow with a CAGR of 5.1% during the forecast period, owing to rising geriatric population and cases of diseases requiring endoscopic ultrasound operations. For instance, as per the World Bank data, in 2020 the total old age population aging 65 and above was 9.321% of the entire global population, which is 723,184,486.
- North America is anticipated to witness significant growth in the global endobronchial ultrasound biopsy market over the forecast period, owing to high prevalence of lung diseases such as lung cancer, and presence of well-structured healthcare system promoting research and technological developments in the region.
- Major players functioning in the global endobronchial ultrasound biopsy market are Simbionix USA Corporation, Boston Scientific Corporation, FUJIFILM Corporation, Veran Medical Technologies, Medtronic PLC, Cook Medical Incorporated, Pentax Medical, Olympus Corporation, and Medi-Globe Corporation.
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Table of Content:
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Endobronchial Ultrasound Biopsy Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Endobronchial Ultrasound Biopsy Industry Impact
Chapter 2 Global Endobronchial Ultrasound Biopsy Competition by Types, Applications, and Top Regions and Countries
2.1 Global Endobronchial Ultrasound Biopsy (Volume and Value) by Type
2.3 Global Endobronchial Ultrasound Biopsy (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Endobronchial Ultrasound Biopsy Sales, Consumption, Export, Import by Regions
Chapter 5 North America Endobronchial Ultrasound Biopsy Market Analysis
Chapter 6 East Asia Endobronchial Ultrasound Biopsy Market Analysis
Chapter 7 Europe Endobronchial Ultrasound Biopsy Market Analysis
Chapter 8 South Asia Endobronchial Ultrasound Biopsy Market Analysis
Chapter 9 Southeast Asia Endobronchial Ultrasound Biopsy Market Analysis
Chapter 10 Middle East Endobronchial Ultrasound Biopsy Market Analysis
Chapter 11 Africa Endobronchial Ultrasound Biopsy Market Analysis
Chapter 12 Oceania Endobronchial Ultrasound Biopsy Market Analysis
Chapter 13 South America Endobronchial Ultrasound Biopsy Market Analysis
Chapter 14 Company Profiles and Key Figures in Endobronchial Ultrasound Biopsy Business
Chapter 15 Global Endobronchial Ultrasound Biopsy Market Forecast (2021-2028)
Chapter 16 Conclusions
Research Methodologyโฆ.
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