Interventional Pulmonology Market size was valued at USD 4.2 Billion in 2024 and is forecasted to grow at a CAGR of 6.5% from 2026 to 2033, reaching USD 7.3 Billion by 2033.
The global interventional pulmonology market was valued at USD 3.56 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. North America dominated the market in 2022, accounting for the largest share due to the high adoption of advanced medical technologies and an increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD) and lung cancer. The regional market size for North America was USD 1.45 billion in 2022, with a robust growth trajectory expected. Europe also holds a significant share of the market, valued at USD 0.85 billion in 2022, driven by the growing number of interventional pulmonology procedures and a rise in healthcare infrastructure investments. The Asia Pacific region is anticipated to experience the highest growth rate, with a projected CAGR of 7.2% during the forecast period, owing to the rising awareness and availability of interventional pulmonology treatments in countries like China and India.
Opportunities in the interventional pulmonology market lie in the growing demand for minimally invasive techniques for respiratory diseases. Emerging economies in Asia Pacific and Latin America are expected to contribute significantly to market growth as healthcare providers and patients seek cost effective solutions for lung related diseases. The market in Latin America was valued at USD 0.22 billion in 2022, with an expected increase in demand for advanced interventional pulmonology procedures over the coming years. The increasing number of research initiatives aimed at enhancing the effectiveness of interventional pulmonology therapies further creates opportunities for market expansion. The market is also benefiting from innovations in endoscopic technologies, enhancing the precision and outcomes of procedures performed in pulmonology care.
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Boston Scientific
BTG
Ethicon
ENDO-FLEX
HealthTronics
Karl Storz
Medtronic
Pulmonx
Terumo Corporation
Varian Medical Systems
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Interventional Pulmonology Market
Bronchoscopy
Thoracoscopy
Needle Aspiration
Endobronchial Ultrasound (EBUS)
Catheters
Endoscopes
Bronchial Stents
Biopsy Forceps
Needles
Diagnostic Procedures
Therapeutic Procedures
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Simple Procedures
Complex Procedures
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Interventional Pulmonology Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Interventional Pulmonology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Interventional Pulmonology Market, By Type
6. Global Interventional Pulmonology Market, By Application
7. Global Interventional Pulmonology Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Interventional Pulmonology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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