Pulmonology Devices Market is therefore expected to surpass US$ 1.08 Bn by 2021

Government initiatives supported by public and private organizations to spread awareness has led people to focus on early diagnosis of medical conditions to avoid delay in treatment. Furthermore, a number of players are developing new products to expand their product portfolio as well as to maintain their position in the market.

For an instance Olympus has launched a few unique pulmonology devices such as the flexible bronchoscope that has helped the company in maintaining its position in the market. A large number of domestic players are slowly emerging in Asia Pacific. Rise in healthcare expenditure in developing countries and improving reimbursement policies are causing shift in focus among market players from developed to developing countries.

Moreover, the availability of pulmonology devices for healthcare professionals has been impacted by COVID-19 supply chain crisis. However, there are measures taken to manage this situation. Governments have relaxed controls to make supply easy. Export controls have been made easy by several manufacturing countries.

Major manufacturers in the pulmonology devices market are geared up and focusing on local production of pulmonology devices. According to the report, the increasing cases COPD and lung cancer will continue fuelling demand in the market.

To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-13036

Key Takeaways from pulmonology devices Marker Study

• The demand for pulmonology devices is expected to get higher, enabling the market to exhibit 10.8% CAGR between 2020 and 2030
• Backed by increasing healthcare spending, the U.S. is expected to account for nearly 90% sales in North America
• Favorable reimbursement policies will enable the U.K. to exhibit 13% y-o-y growth in 2021
• Germany and France will showcase increasing investment towards expanding healthcare infrastructure, in turn fuelling the demand for pulmonology devices
• Within East Asia, Japan and South Korea will represent highly attractive markets for sale

 “Some of the emerging regions such as South Asia have been adopting minimally invasive surgeries to accelerate rate of diagnosis and treatment of lung cancer. The rising demand for pulmonology devices and increasing focus on development of advance devices will remain chief drivers of the market.” says the FMI Analyst

Who is Winning?

Leading players in the pulmonology devices market on strengthening their market position though the Acquisition, Partnerships and expansion. For Instance,

• In February 2019, the Conmed Corporation acquired privately-held Buffalo Filter LLC, a leader in surgical smoke evacuation technologies. The company’s comprehensive product portfolio includes smoke evacuation pencils, smoke evacuators, and laparoscopic solutions.
• In November 2019, Cook Medical opened new facility in India. This office enables the company to expand its business in emerging markets.
• In January 2019, the Verathon, Inc launched GlideScope® BFlex™, a single-use flexible bronchoscope that offers optimal visibility and maneuverability for routine airway and bronchoscopy procedures.

The key market players covered by FMI include Boston Scientific Corporation, CONMED Corporation, Olympus Corporation, Cook Medical Incorporated, Medi-Globe GmbH, Ambu A/S, Verathon, Inc, consolidating their positions through mergers, acquisitions and new product launches.

Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-13036

Valuable Insights into Pulmonology Devices Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global pulmonology devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on pulmonology devices market on basis of product in detail cover every aspects of the market such as (pulmonary biopsy devices, endobronchial ultrasound (EBUS) needles, airway stents, airway extraction baskets, single-use bronchoscopes), indication (lung cancer, COPD, foreign body extraction, tracheal and bronchial stenosis and others) and End User (hospitals, pulmonology clinics, ambulatory surgical centers) across seven major regions.

Pulmonology devices Market by Category

Product

• Pulmonary Biopsy Devices
  • Single- Use Biopsy Forceps
  • Cytology Brushes
  • Microbiology Brushes
• Endobronchial Ultrasound (EBUS) Needles
  • Endobronchial Ultrasound Fine Biopsy Needles
  • Endobronchial Ultrasound Transbronchial Aspiration Needles
• Airway Stents
  • Silicon Stents
  • Nitinol Stents
  • Stainless Steel Stents
• Airway Extraction Baskets
• Single-Use Bronchoscopes

Indication

• Lung Cancer
• COPD
• Foreign Body Extraction
• Tracheal and Bronchial Stenosis
• Others

End User

• Hospitals
• Pulmonology Clinics
• Ambulatory Surgical Centers

For in-depth competitive analysis, Buy Now – https://www.futuremarketinsights.com/checkout/13036

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/