Interventional Pulmonology Market Increasing prevalence of chronic obstructive pulmonary disease and asthma is expected to drive the market growth | Boston Scientific Corporation, Olympus Corporation

Overview:

Interventional pulmonology is a medical procedure which is used in treating tracheal cancer, lung cancer, thoracic cancer and some other respiratory system related diseases. The use endoscopic techniques during this treatment for viewing internal organs and also for conducting the medical procedures. These diseases can show symptoms like discomfort, cough, chest pain and shortness of breath.

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Impact of COVID-19:

Governments in various countries are initiating several initiatives for battling COVID-19. For instance, the Centers for Disease Control and Prevention has started working with All-of-America and All-of-Government approach for increasing the testing capacity , contact tracing and also enhancing case detection across the United States of America, in order to reopen the country. Several pharma and tech companies are collaborating with the government for faster development of COVID-19 vaccines in the U.S. For instance, IQVIA and Astra Zeneca declared their collaboration with the U.S. government in July 2020, for Operation Warp Speed project. This project aims to speed up the manufacturing, development and distribution process of COVID-19 vaccines.

Moreover, increasing incidences of lung diseases is anticipated to augment growth of the market during the forecast period. For instance, the National Center for Biotechnology Information (NCBI) published an article in in 2021, stating that 14 million individuals in the U.S are suffering from emphysema in the U.S.

Drivers:

Key players are focusing on adopting growth strategies like product launches, which is estimated to fuel growth of the global interventional pulmonology market during the forecast period. For instance, Olympus Corporation, in January 2019, announced that their Spiration Valve System, which was approved by the U.S. FDA, for treating severe emphysema will now be available in the market.

Key Takeaways:

• The global interventional pulmonology market is anticipated to exhibit a CAGR of 5.4% during the forecast period, owing to the rise in healthcare expenditures. For instance, Government health spending of the Centers for Medicare & Medicaid Services in the United States of America has increased by 4.6%, in 2019 it was US$ 3.8 trillion. The growth rate is observed to be in line with 2018 an a little faster than 2017.
• Increasing incidences of asthma is estimated to boost growth of the asthma segment, among indication in the global interventional pulmonology market during the forecast period. For instance, Asthma and Allergy Foundation of America, published data in 2021, stating that around 20 million individuals aging 18 years and above are suffering from asthma in the U.S.
• Increasing incidences chronic obstructive pulmonary diseases are anticipated to fuel growth of the hospital segment, among end user in the global interventional pulmonology market during the forecast period. For instance, PubMed published an article in February 2021, mentioning the prevalence ration of chronic obstructive pulmonary disease was 16.2% by fixed ratio in Canada.

Key Players:

• Key players active in the global interventional pulmonology market are Taewoong Medical Co., Ltd, Olympus Corporation, ELLA – CS, s.r.o, FUJIFILM Corporation, Boston Scientific Corporation, Taewoong Medical Co., Ltd, Becton, Dickinson and Company, Karl Storz, PENTAX Medical, Richard Wolf Corporation, HUGER Medical Instrument Co., Ltd., Smiths Group plc., Clarus Medical LLC, Cook Medical and PENTAX Medical.

The Study Objectives are:

✔ A comprehensive insight into key players operating in the Interventional Pulmonology Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.

Reasons to buy this Interventional Pulmonology Market Report

☑ It attempts an analysis of the competing scenario.

☑ The current and exceptional product revenue market.

☑ An in-depth data on the regional investigation and competitive landscape structure.

☑ It benefits in creating an awareness of the important key product segments.

☑ The marketing strategies, opportunities, and development factors are explained.

☑ Interventional Pulmonology market size estimation and recent advancements in the industry are explained.

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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 Interventional Pulmonology Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Interventional Pulmonology Industry Impact

Chapter 2 Global Interventional Pulmonology Competition by Types, Applications, and Top Regions and Countries
2.1 Global Interventional Pulmonology (Volume and Value) by Type
2.3 Global Interventional Pulmonology (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 Interventional Pulmonology Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Interventional Pulmonology Market Analysis
Chapter 6 East Asia Interventional Pulmonology Market Analysis
Chapter 7 Europe Interventional Pulmonology Market Analysis
Chapter 8 South Asia Interventional Pulmonology Market Analysis
Chapter 9 Southeast Asia Interventional Pulmonology Market Analysis
Chapter 10 Middle East Interventional Pulmonology Market Analysis
Chapter 11 Africa Interventional Pulmonology Market Analysis
Chapter 12 Oceania Interventional Pulmonology Market Analysis
Chapter 13 South America Interventional Pulmonology Market Analysis
Chapter 14 Company Profiles and Key Figures in Interventional Pulmonology Business
Chapter 15 Global Interventional Pulmonology Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology