Moreover, the impact of the COVID-19 pandemic remained neutral on the bronchoscopes market. Many major organizations across the world issued guidelines regarding the conducting of bronchoscopy in patients with respiratory illnesses.
Bronchoscopy was contraindicated in patients with a positive COVID-19 test result as there is generation of aerosols during bronchoscopy which may put other patients and healthcare workers at risk. However, bronchoscopy was deemed an essential procedure in events of complications such as atelectasis or haemoptysis, issues with mechanical ventilation, and to rule out complications associated with COVID-19.
Therefore, the market for bronchoscopes maintained a neutral growth rate during the COVID-19 pandemic.
Bronchoscopes Market Forecast Segment Analysis
Bronchoscopes Market by Product Type (Rigid Bronchoscopes, Flexible Fiber Bronchoscopes, Flexible Video Bronchoscopes, and Mobile Bronchoscopes), by Flexibility (Flexible and Rigid), by Usability (Single-Use and Reusable) by End User (Hospitals, Specialty Clinics, and Others), and by Geography (North America, Europe, Asia-Pacific, and Rest of the World).
In the flexibility segment of the bronchoscopes market, the flexible bronchoscopes are estimated to hold a higher share in the bronchoscopes market during the forecast period (2021-2026). This can be attributed to the specific features associated with these devices.
Owing to their flexible nature, flexible bronchoscopes are much easier to place inside the body where frequent repositioning of the bronchoscopes is required in order to obtain a clear image. Moreover, flexible bronchoscopes can be employed in both diagnostic and therapeutic procedures.
Another added advantage associated with flexible bronchoscopes is that they can be used to access both the upper and lower airways while rigid bronchoscopes are mostly restricted to upper-airway applications. Therefore, considering the advantages associated with flexible bronchoscopes, this product category is expected to generate significant revenue share eventually contributing to the overall growth of the global bronchoscopes market in the forecast period.
Bronchoscopes Market Companies
Some of the key market players operating in the bronchoscopes market includes Boston Scientific Corporation, Ambu Inc, Olympus, Richard Wolf GmbH, Karl Storz, FUJIFILM Corporation, PENTAX Medical (HOYA Corporation), Teleflex Incorporated, Innovex Medical Co., Ltd, Zhuhai Seesheen Medical Technology Co.,Ltd, EMOS Technology GmbH, Optomic., Clarus Medical LLC, The Surgical Company., Hunan Vathin Medical Instrument Co., Ltd., Aohua Endoscopy Co., Ltd, Verathon, Inc., Lymol Medical, Novatech SA, NeoScope Inc and others.