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Respiratory Endotherapy Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Devices {By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others), By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)}, By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others), By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers), By Region & Competition, 2020-2030F
Market Report I 2025-03-28 I 180 Pages I TechSci Research
Global Respiratory Endotherapy Devices Market was valued at USD 1.45 Billion in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 5.33% through 2030. The COVID-19 pandemic had a substantial impact on the respiratory devices market initially. However, the respiratory device market grew significantly as a result of government initiatives and policies, as well as the company's strategic developments to overcome the shortfall. For instance, in May 2021, the Global Fund approved USD 75 million in fast-track funding to support India's response to the COVID-19 crisis. This new funding helped India purchase oxygen concentrators and pressure swing adsorption (PSA) oxygen plants to help meet the country's medium-term medical oxygen needs. Hence, due to the surge in COVID-19 cases, the demand for respiratory devices increased, thereby fueling the growth of the market. However, as COVID-19 cases declined and the pandemic accelerated the use of respiratory devices, the studied market is now expected to project stable growth over the studied period. For instance, according to WHO, lung cancer is the leading cause of cancer deaths globally, with smoking responsible for 85% of cases. Early screening of high-risk individuals can improve survival rates, while primary prevention measures, such as tobacco control and reducing environmental risk factors, are crucial in lowering incidence and saving lives.
Key Market Drivers
Rising Prevalence of Respiratory Disorders
The escalating incidence of respiratory disorders worldwide is poised to propel the expansion of the Global Respiratory Endotherapy Devices Market. The rising prevalence of conditions such as chronic obstructive pulmonary disease (COPD), asthma, and respiratory infections is fostering an increased demand for advanced therapeutic interventions. Respiratory endotherapy devices play a pivotal role in the management of these disorders, offering minimally invasive and targeted treatments. For instance, According to the U.S. Centers for Disease Control and Prevention (CDC), smoking is responsible for approximately 8 out of 10 COPD-related deaths. Additionally, increasing levels of indoor and outdoor air pollution, along with exposure to dust and harmful chemicals, are significant contributors to the rising prevalence of COPD. As the global population ages and environmental factors contribute to respiratory health challenges, the need for effective and efficient endotherapy solutions is becoming more pronounced. The market is witnessing a surge in technological innovations, including bronchoscopes, tracheoscopes, and other endoscopic devices, which enhance diagnostic accuracy and treatment precision. Healthcare providers are increasingly adopting these devices to address respiratory issues, contributing to the overall market growth. The growing awareness among patients and healthcare professionals regarding the benefits of endotherapy, such as reduced recovery times and improved patient outcomes, is driving the uptake of these devices. In conclusion, the escalating burden of respiratory disorders, coupled with technological advancements in endotherapy, is anticipated to foster significant growth in the Global Respiratory Endotherapy Devices Market in the coming years.
Key Market Challenges
High Cost of Respiratory Endotherapy Devices
The high cost associated with respiratory endotherapy devices is anticipated to pose a significant impediment to the growth of the Global Respiratory Endotherapy Devices Market. The substantial financial investment required for acquiring these sophisticated medical devices can act as a deterrent for healthcare institutions, particularly in regions with constrained healthcare budgets. The intricate technology and specialized materials involved in manufacturing respiratory endotherapy devices contribute to their elevated price point, limiting accessibility for certain healthcare facilities and hindering widespread adoption. The financial burden on patients seeking respiratory treatments may curb patient acceptance and usage. High device costs often translate to increased procedural expenses, potentially affecting reimbursement policies and posing challenges for both healthcare providers and patients. Market players need to address these cost-related concerns through strategic initiatives such as research and development aimed at cost reduction, exploring partnerships for shared investments, and advocating for favorable reimbursement policies. Mitigating the economic barriers associated with respiratory endotherapy devices is crucial for fostering market growth and ensuring broader access to these advanced medical solutions in the evolving landscape of respiratory healthcare.
Key Market Trends
Advancements in Minimally Invasive Technologies
The growth trajectory of the Global Respiratory Endotherapy Devices Market is poised to be significantly steered by continual advancements in minimally invasive technologies. As medical science evolves, there is a paradigm shift towards procedures that offer reduced patient trauma, shorter recovery times, and enhanced precision. Respiratory endotherapy devices are at the forefront of this transformative trend, providing cutting-edge solutions for the diagnosis and treatment of respiratory disorders with minimal invasiveness. Innovations in endoscopic technologies, including the development of high-definition imaging and advanced navigation systems, empower healthcare practitioners to conduct intricate respiratory procedures with unprecedented clarity and accuracy. The integration of robotics and artificial intelligence further augments the capabilities of respiratory endotherapy devices, enabling more precise interventions and personalized treatment strategies. This technological evolution not only enhances the efficacy of respiratory procedures but also contributes to increased patient acceptance. As the global healthcare landscape embraces these advancements, the demand for state-of-the-art respiratory endotherapy devices is expected to rise, driving market growth. In essence, the continual refinement of minimally invasive technologies is a pivotal catalyst propelling the expansion of the Global Respiratory Endotherapy Devices Market, shaping the future of respiratory healthcare.
Key Market Players
- Fujifilm Holdings Corporation.
- Medtronic plc.
- Johnson & Johnson.
- Smith & Nephew Plc.
- Stryker corporation.
- Olympus corporation.
- Hoya corporation.
- Steris Healthcare.
- Conmed corporation.
- Boston Scientific corporation.
Report Scope:
In this report, the Global Respiratory Endotherapy Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Respiratory Endotherapy Devices Market, By Devices:
o Diagnostic Devices
o Therapeutic Devices
Respiratory Endotherapy Devices Market, By End User:
o Peripheral Vascular Intervention
o Endovascular Interventions
o Cardiac
o Interventional Radiology
o Venous
o Others
Respiratory Endotherapy Devices Market, By Specialist:
o Hospitals
o Diagnostic Centers
o Ambulatory Surgical Centers
Respiratory Endotherapy Devices Market, By Region:
o North America
United States
Canada
Mexico
o Europe
France
United Kingdom
Italy
Germany
Spain
o Asia-Pacific
China
India
Japan
Australia
South Korea
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Respiratory Endotherapy Devices Market.
Available Customizations:
Global Respiratory Endotherapy Devices market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Respiratory Endotherapy Devices Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Devices (Diagnostic Devices, Therapeutic Devices)
5.2.1.1. By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others)
5.2.1.2. By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)
5.2.2. By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others)
5.2.3. By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers)
5.2.4. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
5.2.5. By Company (2024)
5.3. Market Map
5.3.1 By Devices
5.3.2 By End User
5.3.3 By Specialist
5.3.4 By Region
6. North America Respiratory Endotherapy Devices Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Devices (Diagnostic Devices, Therapeutic Devices)
6.2.1.1. By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others)
6.2.1.2. By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)
6.2.2. By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others)
6.2.3. By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers)
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Respiratory Endotherapy Devices Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Devices
6.3.1.2.2. By End User
6.3.1.2.3. By Specialist
6.3.2. Canada Respiratory Endotherapy Devices Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Devices
6.3.2.2.2. By End User
6.3.2.2.3. By Specialist
6.3.3. Mexico Respiratory Endotherapy Devices Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Devices
6.3.3.2.2. By End User
6.3.3.2.3. By Specialist
7. Europe Respiratory Endotherapy Devices Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Devices (Diagnostic Devices, Therapeutic Devices)
7.2.1.1. By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others)
7.2.1.2. By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)
7.2.2. By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others)
7.2.3. By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers)
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. France Respiratory Endotherapy Devices Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Devices
7.3.1.2.2. By End User
7.3.1.2.3. By Specialist
7.3.2. Germany Respiratory Endotherapy Devices Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Devices
7.3.2.2.2. By End User
7.3.2.2.3. By Specialist
7.3.3. United Kingdom Respiratory Endotherapy Devices Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Devices
7.3.3.2.2. By End User
7.3.3.2.3. By Specialist
7.3.4. Italy Respiratory Endotherapy Devices Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Devices
7.3.4.2.2. By End User
7.3.4.2.3. By Specialist
7.3.5. Spain Respiratory Endotherapy Devices Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Devices
7.3.5.2.2. By End User
7.3.5.2.3. By Specialist
8. Asia-Pacific Respiratory Endotherapy Devices Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Devices (Diagnostic Devices, Therapeutic Devices)
8.2.1.1. By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others)
8.2.1.2. By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)
8.2.2. By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others)
8.2.3. By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers)
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Respiratory Endotherapy Devices Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Devices
8.3.1.2.2. By End User
8.3.1.2.3. By Specialist
8.3.2. India Respiratory Endotherapy Devices Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Devices
8.3.2.2.2. By End User
8.3.2.2.3. By Specialist
8.3.3. Japan Respiratory Endotherapy Devices Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Devices
8.3.3.2.2. By End User
8.3.3.2.3. By Specialist
8.3.4. South Korea Respiratory Endotherapy Devices Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Devices
8.3.4.2.2. By End User
8.3.4.2.3. By Specialist
8.3.5. Australia Respiratory Endotherapy Devices Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Devices
8.3.5.2.2. By End User
8.3.5.2.3. By Specialist
9. South America Respiratory Endotherapy Devices Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Devices (Diagnostic Devices, Therapeutic Devices)
9.2.1.1. By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others)
9.2.1.2. By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)
9.2.2. By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others)
9.2.3. By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers)
9.2.4. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Respiratory Endotherapy Devices Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Devices
9.3.1.2.2. By End User
9.3.1.2.3. By Specialist
9.3.2. Argentina Respiratory Endotherapy Devices Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Devices
9.3.2.2.2. By End User
9.3.2.2.3. By Specialist
9.3.3. Colombia Respiratory Endotherapy Devices Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Devices
9.3.3.2.2. By End User
9.3.3.2.3. By Specialist
10. Middle East and Africa Respiratory Endotherapy Devices Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Devices (Diagnostic Devices, Therapeutic Devices)
10.2.1.1. By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others)
10.2.1.2. By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)
10.2.2. By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others)
10.2.3. By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers)
10.2.4. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Respiratory Endotherapy Devices Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Devices
10.3.1.2.2. By End User
10.3.1.2.3. By Specialist
10.3.2. Saudi Arabia Respiratory Endotherapy Devices Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Devices
10.3.2.2.2. By End User
10.3.2.2.3. By Specialist
10.3.3. UAE Respiratory Endotherapy Devices Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Devices
10.3.3.2.2. By End User
10.3.3.2.3. By Specialist
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Recent Development
12.2. Mergers & Acquisitions
12.3. Product Launches
13. Global Respiratory Endotherapy Devices Market: SWOT Analysis
14. Porters Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Fujifilm Holdings Corporation.
15.1.1. Business Overview
15.1.2. Product Offerings
15.1.3. Recent Developments
15.1.4. Financials (As Reported)
15.1.5. Key Personnel
15.1.6. SWOT Analysis
15.2. Medtronic plc.
15.3. Johnson & Johnson.
15.4. Smith & Nephew Plc.
15.5. Stryker corporation.
15.6. Olympus corporation.
15.7. Hoya corporation.
15.8. Steris Healthcare.
15.9. Conmed corporation.
15.10. Boston Scientific corporation.
16. Strategic Recommendations
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