Interventional Pulmonology Market to Surge at a Robust Pace by 2031

Interventional Pulmonology Market: Introduction According to the report, the global interventional pulmonology market was valued over US$ 3 Bn in 2020 and is projected to expand at a CAGR of ~9% from 2021 to 2031. Interventional pulmonology uses endoscopy and other tools to diagnose and treat conditions in the lungs and chest by using minimally invasive techniques. Rise in prevalence of respiratory disorders, increase in geriatric population, and surge in incidence of diseases that require endoscopic ultrasound procedures are the major factors anticipated to drive the global interventional pulmonology market during the forecast period. North America held a major share of the global interventional pulmonology market in 2020 due to the high demand for interventional pulmonology devices. Additionally, technological advancements drive demand for interventional pulmonology devices, which is expected to augment the market in the region. The interventional pulmonology market in Asia Pacific is likely to expand at a high CAGR of 9.43% from 2021 to 2031 due to increase in acceptance of technological platforms across various fields. Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=61695 Respiratory Endotherapy Devices Dominate Global Market In terms of product type, the global interventional pulmonology market has been classified into bronchoscopes, electromagnetic navigation bronchoscopy systems, pleuroscopes, respiratory endotherapy devices, airway stents, pleural catheters, endobronchial valves, and bronchial thermoplasty systems. The respiratory endotherapy devices segment dominated the global interventional pulmonology market in 2020 and the trend is projected to continue during the forecast period. Respiratory endotherapy devices are used for bronchoscopic or endoscopic diagnostics and surgery. Devices used in endotherapy include biopsy forceps, cytology brushes, aspiration needles, electrosurgery snares, and foreign body removal tools, guide sheaths, and other similar devices used for respiratory endotherapy procedures. Asthma Held Major Share of Interventional Pulmonology Market Based on indication, the global interventional pulmonology market has been categorized into asthma, COPD, lung cancer, tracheal & bronchial stenosis, and others. The asthma segment held major share of the global interventional pulmonology market in 2020. Asthma affects all age groups, but often starts in the childhood. It is a disease characterized by recurrent attacks of breathlessness and wheezing, which vary in severity and frequency from person to person. In an individual, it could occur from hour to hour and day to day. Request for Analysis of COVID-19 Impact on Interventional Pulmonology Market https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=61695 Hospitals to be Most Promising End User In terms of end user, the global interventional pulmonology market has been divided into hospitals, ambulatory surgical centers, diagnostic centers, specialty clinics, and others. The hospitals segment held a major share of the global interventional pulmonology market in 2020. North America to Dominate Global Market; Asia Pacific to Offer Significant Opportunities

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