Market Overview:
The Global Navigation System of Interventional Pulmonary Disease Market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing incidence of pulmonary diseases, technological advancements in navigation systems, and rising demand for minimally invasive surgeries. Based on type, the market is segmented into electromagnetic navigation and optical navigation. Electromagnetic navigation systems are more popular than optical navigation systems due to their accuracy and precision. Based on application, the market is segmented into clinics, hospitals, and others (research institutes & academic institutions). Clinics held a dominant share in 2017 owing to the high number of procedures performed in this setting. Geographically, North America held a leading share in 2017 followed by Europe and Asia Pacific respectively.
Product Definition:
A navigation system of interventional pulmonary disease is a technology used to guide medical instruments during minimally invasive procedures in the lungs. This technology assists physicians by providing real-time images of the inside of the lungs and surrounding tissues, which helps to ensure accuracy during procedures. The navigation system may also be used to measure lung function and other vital signs before, during, and after treatment.
Electromagnetic Navigation:
Electromagnetic navigation is a new term in interventional cardiology and it has been used to refer to the use of electromagnetic field for guidance in medical procedures. The technique was developed by Dr. Valery Gergov, a Russian scientist, who died in an accident while working on this technology. The technology uses magnetic fields produced by electric current that flows through the body with help of electrodes attached to it which are placed strategically across major blood vessels leading from heart to lungs and back again.
Optical Navigation:
Optical navigation is a technique that uses light to provide information in three dimensions. It utilizes the laws of optics and the properties of light to determine position, speed, and direction with great accuracy. The technology has been around for decades but only recently has it started gaining popularity in various applications such as medical imaging (x-ray, MRI), biopharmaceuticals research & development, food quality control systems etc.
Application Insights:
The market is segmented by application into clinics, hospitals and others. The clinics segment dominated the overall industry in terms of revenue in 2017 owing to a high prevalence of chronic respiratory diseases such as asthma and COPD. Moreover, increasing awareness about interventional pulmonary disease among patients with these conditions is expected to drive growth over the forecast period.
The hospital segment is anticipated to be the fastest-growing application over the forecast period due to an increase in demand for highly efficient navigation devices that can assist experienced clinicians during complex procedures such as open heart surgeries or emergency department thoracotomy. Furthermore, an increase in patient admissions for cardiovascular diseases and respiratory illnesses at hospitals coupled with rising investments by governments across various regions are expected fuel growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and favorable reimbursement policies. Moreover, increasing prevalence of interventional pulmonary diseases is anticipated to drive growth during the forecast period. According to a study published by National Center for Biotechnology Information (NCBI), between 2012 and 2016, an increase in number of patients undergoing lung biopsy was observed in U.S., which ranged from 7% to 11%.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to rising government initiatives for improving healthcare facilities coupled with growing awareness about emerging technologies such as navigation systems among patients & physicians.
Growth Factors:
- Increasing incidence of respiratory diseases: The global incidence of respiratory diseases is increasing due to the changing lifestyle and environmental factors. This is expected to drive the demand for navigation system of interventional pulmonary disease market over the forecast period.
- Technological advancements: The technological advancements in navigation system of interventional pulmonary disease are helping in improving the accuracy and efficiency of treatment procedures. This is expected to boost the growth of this market over the forecast period.
- Rising awareness about benefits offered by navigation system: Navigation system offers several benefits such as improved accuracy, reduced procedure time, and less radiation exposure as compared to traditional techniques. This is resulting in an increase in its adoption, which is driving the growth of this market globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Navigation System of Interventional Pulmonary Disease Market Research Report
By Type
Electromagnetic Navigation, Optical Navigation
By Application
Clinics, Hospitals, Others
By Companies
Broncus Medical, Medtronic, Auris Health, BodyVision, Veran Medical Technologies, Johnson & Johnson, Intuitive, LungCare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Navigation System of Interventional Pulmonary Disease Market Report Segments:
The global Navigation System of Interventional Pulmonary Disease market is segmented on the basis of:
Types
Electromagnetic Navigation, Optical Navigation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clinics, Hospitals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Broncus Medical
- Medtronic
- Auris Health
- BodyVision
- Veran Medical Technologies
- Johnson & Johnson
- Intuitive
- LungCare
Highlights of The Navigation System of Interventional Pulmonary Disease Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electromagnetic Navigation
- Optical Navigation
- By Application:
- Clinics
- Hospitals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Navigation System of Interventional Pulmonary Disease Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A navigation system of interventional pulmonary disease is a medical device that helps physicians navigate through the body during procedures. This system can be used to guide catheters, needles, and other surgical tools as they are inserted into the body.
Some of the key players operating in the navigation system of interventional pulmonary disease market are Broncus Medical, Medtronic, Auris Health, BodyVision, Veran Medical Technologies, Johnson & Johnson, Intuitive, LungCare.
The navigation system of interventional pulmonary disease market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Navigation System of Interventional Pulmonary Disease Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Navigation System of Interventional Pulmonary Disease Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Navigation System of Interventional Pulmonary Disease Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Navigation System of Interventional Pulmonary Disease Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Navigation System of Interventional Pulmonary Disease Market Size & Forecast, 2020-2028
4.5.1 Navigation System of Interventional Pulmonary Disease Market Size and Y-o-Y Growth
4.5.2 Navigation System of Interventional Pulmonary Disease Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electromagnetic Navigation
5.2.2 Optical Navigation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Clinics
6.2.2 Hospitals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Navigation System of Interventional Pulmonary Disease Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Navigation System of Interventional Pulmonary Disease Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electromagnetic Navigation
9.6.2 Optical Navigation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Clinics
9.10.2 Hospitals
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electromagnetic Navigation
10.6.2 Optical Navigation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Clinics
10.10.2 Hospitals
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electromagnetic Navigation
11.6.2 Optical Navigation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Clinics
11.10.2 Hospitals
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electromagnetic Navigation
12.6.2 Optical Navigation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Clinics
12.10.2 Hospitals
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electromagnetic Navigation
13.6.2 Optical Navigation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Clinics
13.10.2 Hospitals
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Navigation System of Interventional Pulmonary Disease Market: Competitive Dashboard
14.2 Global Navigation System of Interventional Pulmonary Disease Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Broncus Medical
14.3.2 Medtronic
14.3.3 Auris Health
14.3.4 BodyVision
14.3.5 Veran Medical Technologies
14.3.6 Johnson & Johnson
14.3.7 Intuitive
14.3.8 LungCare
