About Endobronchial Ultrasound Biopsy
Lung bronchoscopy and critical care drugs have greatly improved the advances in endoscopic techniques in recent years. Endobronchial Ultrasound (EBUS) is one such technique that has modernized the pulmonologist's ability so as to take samples (biopsy) and visualize the structure around the tracheobronchial tree. EBUS and endobronchial ultrasound-guided transbronchial needle aspiration (EBUS TBNA) are relatively new techniques and effective methods for evaluating lung nodules and diagnosing lung infections and stages of lung cancer. In addition, endobronchial ultrasound biopsy is also used to identify other diseases such as tuberculosis and chronic pulmonary obstruction disorders that can affect the lungs and other respiratory organs. For example, breast masses and enlarged lymph nodes, among others. Since its introduction in the early 1980s, endoscopic ultrasound (EUS) has gained acceptance in the rapidly growing areas of gastroenterology and pulmonology. In endoscopic ultrasound, the doctor inserts a special bronchoscope through the patient's mouth into the windpipe, which penetrates further into the two main airways (bronchi) in the lungs. The bronchoscope is equipped with a fine aspiration needle and an ultrasound processor. An ultrasound monitor thereby shows real-time images of the blood vessels, airways, lungs, and neighboring lymph nodes. The doctor passes the needle through the bronchial walls to obtain a sample of the cells in the mediastinal lymph nodes. The biopsy samples can be examined to diagnose lung cancer and other diseases. Samples or specimens taken during the biopsy are examined using histological and cytological examinations of the respective organ. It is a minimally invasive technique used to collect tissue samples for biopsy. These techniques are widely used because they do not cause much discomfort to patients and in most cases do not require surgery.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Endobronchial Ultrasound Biopsy market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Olympus Corporation (Japan), Medtronic (Ireland), Cook Medical (United States), CONMED Corporation (United States), Medi-Globe Corporation (United States), Veran Medical Technologies (United States), Boston Scientific Corporation (United States), ACE Medical Devices Pvt. Ltd. (India), CLINODEVICE (Turkey), ENDO-FLEX GmbH (Germany) and Micro-Tech Endoscopy (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Endobronchial Ultrasound Biopsy market by Type (Biopsy Forceps, Cytology Brushes, Biopsy Needles, Transbronchial Aspiration Needles, Spray Catheters and Others), Application (Infection Diagnosis, Cancer Diagnosis and Others) and Region.
On the basis of geography, the market of Endobronchial Ultrasound Biopsy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospitals will boost the Endobronchial Ultrasound Biopsy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Rapidly Growing Fields of Gastroenterology and Pulmonology and Increasing Demand for Minimally Invasive Procedures
Market Growth Drivers:
Rising Geriatric Population, Increasing Prevalence of Cancer, Increasing Prevalence of Respiratory Disorders and Increasing Incidence of Diseases That Require Endoscopic Ultrasound Procedures
Challenges:
Lack Reimbursement Policies in Developing Countries
Restraints:
High Cost of Equipment
Opportunities:
A Well-Structured Healthcare System That Promotes Researches and Technological Advancements and Increase Government Initiative in Healthcare Awareness
Market Leaders and their expansionary development strategies
In October 2023, Praxis Medical announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance of the EndoCore EBUS-TBNA fine needle biopsy device. Endobronchial ultrasound with transbronchial needle aspiration (EBUS-TBNA) is used for the diagnosis and staging of lung cancer. This procedure is performed by inserting a long, flexible fine needle through a bronchoscope for biopsy and pathological analysis.
In May 2021, Olympus announced today the market launch of the FDA 510(k)-cleared BF-UC190F endobronchial ultrasound (EBUS) bronchoscope, the newest addition to its robust EBUS portfolio of devices for minimally invasive lung cancer diagnosis and staging via needle biopsy.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Endobronchial Ultrasound Biopsy, Venture Capitalists and Private Equity Firms and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.