This Endobronchial Ultrasound Biopsy Devices Market report covers the detailed competitive outlook of the market including the market share and company profiles of the key participants in the market. Various market Analysis Like SWOT analysis, Porter five Analysis, Industry value chain analysis are included in this research report. This Endobronchial Ultrasound Biopsy Devices Market research report provides discussion of research and development and the demand for new products and new applications. This Endobronchial Ultrasound Biopsy Devices Market report also provided comprehensive company profiles of major players in the industry. The scope of the report includes a detailed study of global and regional markets for various Endobronchial Ultrasound Biopsy Devices Market market for variations in the growth of the industry in certain regions.
This Endobronchial Ultrasound Biopsy Devices Market report will impact the industry and profiles of leading suppliers of the market. These key players compete based upon pricing, quality, technology and reputation. The market is forecasted to demonstrate a stunning growth, surpassing its previous growth record in terms of value with striking CAGR during the estimated period. The Endobronchial Ultrasound Biopsy Devices Market report for global market further comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market.
The endobronchial ultrasound biopsy devices market is expected to witness market growth at a rate of 4.43% in the forecast period of 2021 to 2028 and is expected to reach USD 842.44 million by 2028.
Definition
Endobronchial ultrasound (EBUS) refers to the type of ultrasound technique utilized to diagnose stage lung cancer and determine how far the disease has spread to other parts of the body, such as the lymph nodes. This kind of ultrasound refers to a minimally invasive technique to collect tissue samples for biopsy.
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Key Growth Drivers:
The increase in the prevalence of lung cancer among the population across the globe acts as one of the major factors driving the growth of the endobronchial ultrasound biopsy devices market. The rise in demand for minimally invasive medical procedures and high adoption of the procedure by interventional radiologists and the diagnostic department to determine diseases for a healthcare institution such as medical clinics, and diagnostic centers, among others, accelerate the market growth. The rise in awareness regarding early diagnosis and its benefits among people and high usage of the biopsy to diagnose cancer and help distinguish healthy cells or calluses from tumorous cells further influence the market.
In addition, unhealthy lifestyle, the surge in healthcare expenditure, growing number of cancer awareness campaigns, growing population, and rise in awareness about various diseases positively affect the endobronchial ultrasound biopsy devices market. Furthermore, technological advancement in the ultrasound process extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, a rise in the concerns regarding the biopsy-related risk of infections is expected to obstruct the market growth. The uncertain regulatory norms and policies are projected to challenge the endobronchial ultrasound biopsy devices market in the forecast period of 2021-2028.
The report emphasizes the participation of key entities, notably:
BD, Cook Group, Devicor Medical Products, Inc., ARGON MEDICAL, SOMATEX Medical Technologies GmbH, Scion Medical Technologies, LLC, UROMED Kurt Drews KG, STERYLAB S.r.l, DTR Medical Ltd, EndoMed Systems Alle Rechte vorbehalten, CONMED Corporation, TSK Laboratory Europe B.V, ZAMAR CARE, B. Braun Melsungen AG, Cardinal Health, Siemens, General Electric Company, Boston Scientific Corporation, FUJIFILM Holdings Corporation, Olympus Corporation, Medtronic, and SRL Diagnostics, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Market Perspectives:
- Thorough examination of prevailing market tendencies
- Updates on the latest product advancements and innovations
- Endobronchial Ultrasound Biopsy Devices MarketCompound Annual Growth Rate (CAGR) for both historic and forecasted years
- Strategies and activities of prominent players and brands in the field
- Insights into the industry landscape for emerging participants
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Key Market Segmentation
By Product (Biopsy Forceps, Cytology Brushes, Biopsy Needles, Trans bronchial Aspiration Needles, Spray Catheters, Others), Application (Cancer Diagnosis, Infection Diagnosis, Others)
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