Global Single-use Airway Diagnostic Devices Market 2019-2023
About this market
Lung disorders such as lunh cancer, tuberculosis, and pneumonia can affect the airways and lungs. They are primarily caused by dust, microbial infection, air pollution, smoke from tobacco products, and occupational chemicals. Lung disorders impact the air sacs (alveoli), which can lead to pulmonary edema. In such cases, single-use airway diagnostic devices are used to examine the airways. Single-use airway diagnostic devices help to avoid cross-contamination and reduce hospital-acquired infection (HAD cases. Hence, many end-users prefer single-use airway diagnostic devices to treat lung-related disorders. Therefore, with the growing prevalence of lung disorders, the adoption of single-use airway diagnostic devices will also increase, which will drive the market growth. Technavio’s analysts have predicted that the single-use airway diagnostic devices market will register a CAGR of over 8% by 2023.
Increasing product launches
Vendors are focusing on launching single-use airway diagnostic devices, which can be used in the diagnosis and treatment of various lung-related disorders. Companies are focusing on strengthening their market position by offering different types of single-use airway diagnostic devices such as rigid and flexible, and accessories related to them.
Risks and side effects associated with bronchoscopy
Bronchoscopy is an endoscopic procedure used to check the airways and lungs for diagnosis of lung-related disorders. Other prominent risks that may occur during bronchoscopy procedure include shortness of breath, drop in oxygen level during the procedure, chest pain, fever, and cough. Therefore, it is necessary for the doctors and patients to follow certain precautions to avoid these associated risks, which otherwise can impact the overall market growth.
For the detailed list of factors that will drive and challenge the growth of the single-use airway diagnostic devices market during the 2019-2023, view our report.
The market appears to be mildly fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Technavio Announces the Publication of its Research Report – Global Single-use Airway Diagnostic Devices Market 2019-2023
Technavio recognizes the following companies as the key players in the global single-use airway diagnostic devices market: Ambu A/S, Olympus Corporation, ProSurg Inc., Valtronic, Verathon Inc..
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the presence of integrated systems in hybrid operating rooms.”
According to the report, one of the major drivers for this market is the growing prevalence of lung disorder.
Further, the report states that one of the major factors hindering the growth of this market is the presence of substitues.
and Verathon Inc
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