Sheer Analytics and Insights Pvt. Ltd. have published a report on the global Bronchial Thermoplasty market titled Global Bronchial Thermoplasty Market(By Age Group: 18-30 years, 30-50 years, and Greater than 50 years. By Regions: North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026. The market is estimated to reach US$ 99.68 Bn by the year 2026 growing at an extraordinarily high CAGR of 153.80% during the forecast period 2018-2026. The current valuation is at US$ 57.90 Mn. The report covers the forecast and analysis of the Bronchial Thermoplasty on both regional as well as global level.
What is Bronchial
Thermoplasty and how has it gained such importance?
What does the bronchial
thermoplasty market report forecast about future trends?
Global Bronchial Thermoplasty Market: By Age
Group (Years)
Global Bronchial Thermoplasty Market: By Geography
Bronchial
thermoplasty is one of the most important
invasive processes for asthmatic
patients. This type of treatment mainly includes tissue heating through the
application of therapeutic radiofrequency energy to the airway passage, thus
eliminating the development of smoother muscles which comes in the way of the
airway wall. Asthma patients who take
numerous medications still have to suffer from asthma attacks. This is the
reason why they are unable to move on with their daily lives, including going
to school or work. Bronchial thermoplasty
has proven to be beneficial for such people. This medical procedure also offers
other benefits including fewer hospital visits, lesser asthma attacks, along
with a better quality of life. Growing
asthma communities on social media sites and increasing awareness of the people
are some of the major positive factors influencing the growth of the Bronchial
Thermoplasty market.
In the
recent market research report published by Sheer Analytics and Insights Pvt. Ltd.,
Bronchial Thermoplasty market has been classified on the basis of its age group
which includes 18 to 30 years, 30 to 50 years, and greater than 50 years. Amongst
the different age groups, 30 to 50 years age group segment is anticipated to
grow at the highest CAGR during the forecast period. The market growth could be
attributed due to a larger number of people belonging from this age group category
who generally suffer from severe asthma. As per the suggestion by their asthma
specialist or physician, they choose the bronchial thermoplasty treatment for their effective treatment. Along with
this, the growing disposable income of the
people that is coupled with their increasing awareness towards a disease-free
healthy life is further projected to
boost a huge market opportunity for the global bronchial thermoplasty market.
Based
on its regional demand, the global bronchial thermoplasty
market is fragmented into global regions like Europe, North America,
Asia-Pacific, the Middle East and Africa,
and Latin America. Among all the five major global regions, North-America is projected
to hold the largest share of the bronchial thermoplasty
market in the year 2018, followed by Europe, Asia-Pacific, the Middle East and Africa, and Latin America.
North America holds the largest market share due to the growing number of
clinics and hospitals in Canada and the United States.
Boston
Scientific Corporation in October 2013 got its endorsement from the China Food and Drug Administration for its
Alair® Bronchial Thermoplasty System. The system provides one with a unique and effective therapy for those
patients who suffer from severe asthma and are not under the control with
inhaled corticosteroids and long-acting beta-agonists. The medical process of
the Bronchial Thermoplasty (BT) eliminates airway contraction, thereby reducing
the severity of the asthma attacks. Also, this treatment reduces the frequency or occurrence of asthma attacks.
Some
of the prominent industry players operating in the global Bronchial
Thermoplasty market include brands like McLaren Healthcare and Boston
Scientific Corporation.
·
18 to 30
·
30 to 50
·
Greater than 50
·
North America
o
The U.S.
o
Canada
o
Mexico
·
Europe
o
U.K.
o
France
o
Germany
o
Italy
o
Rest of Europe
·
Asia Pacific
o
India
o
China
o
Japan
o
Rest of Asia Pacific
·
The Middle East
and Africa
o
UAE
o
Saudi Arabia
o
South Africa
o
Rest of the Middle
East and Africa
·
Latin America
o
Argentina
o
Chile
o
Brazil
o
Rest of Latin America
About Sheer Analytics
and Insights Private Limited
Sheer Analytics and Insights Pvt. Ltd. is among
the leading market research organizations providing the best B2B researches on
various niches. Currently servicing 2000+ clients worldwide, our analysts and
marketing team are continually tracking global markets having high growth
prospect.
Copyright © 2019 Sheer
Analytics and Insights
All Rights Reserved. This document contains
highly confidential information and is the sole property of the Company. No
part of it may be circulated, copied, quoted, or otherwise reproduced without
the approval of the company.