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 a 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.
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Bronchial thermoplasty is an essential invasive procedure for patients suffering from severe asthma. The treatment involves heating the tissue by applying therapeutic radiofrequency energy to the airway wall and thereby reducing the presence of smooth muscle in the airway wall. Patients taking multiple asthma medications still have to face asthma attacks due to which they regularly miss school, work or even daily activities. Such people may find this procedure beneficial for them. Moving forward, the bronchial thermoplasty procedure offers several benefits which may include fewer asthma attacks, fewer visits to hospitals for respiratory-related problems, and most importantly better quality of life. Growing communities of asthma on social media sites and people showing their curiosity towards bronchial thermoplasty (BT) is a key factor expected to augment the growth of the market during the forecast period.
In the recent market research report published by Sheer Analytics and Insights Pvt. Ltd., Bronchial Thermoplasty market has been segmented based on age group which includes 18 to 30 years, 30 to 50 years, and greater than 50 years. Out of the various age groups, 30 to 50 years age group segment is projected to grow at the highest CAGR during the projection period. The high growth can be attributed due to a greater number of individuals belonging from this age group suffer from severe asthma, and as per suggested by their asthma specialist, they opt for bronchial thermoplasty treatment. In addition to this, the rising disposable income of individuals coupled with their growing awareness towards a healthier life is further expected to create a huge growth opportunity for the bronchial thermoplasty market across the globe.
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Geographically, the global bronchial thermoplasty market is divided into global regions like Europe, North America, Asia-Pacific, Middle East and Africa, and Latin America. Among the five geographic regions, North-America is anticipated to account for the largest share of the bronchial thermoplasty market in 2018, followed by Europe, Asia-Pacific, Middle East and Africa, and Latin America. The largest share of North America is attributed due to the increasing number of hospitals and clinics in the United States and Canada.
In October 2013, Boston Scientific Corporation got its approval from China Food and Drug Administration for its Alair® Bronchial Thermoplasty System. The system offers an effective and unique therapy for people with severe asthma and is not under control with long-acting beta-agonists and inhaled corticosteroids. Bronchial Thermoplasty (BT) procedure reduces airway constriction, thereby making asthma attacks less severe and less frequent.
Some of the key industry players in the global Bronchial Thermoplasty market include Boston Scientific Corporation and McLaren Healthcare.
Global Bronchial Thermoplasty Market is majorly segmented into:
Global Bronchial Thermoplasty Market: By Age Group (Years)
Global Bronchial Thermoplasty Market: By Geography
Table Of Contents
2.1. Global Bronchial Thermoplasty Market Snapshot
3.1. Introduction
3.1.1. Global Bronchial Thermoplasty Market Revenue Forecast and Potential Addressable Market
3.1.2. Global Bronchial Thermoplasty Market Snapshot
3.1.3. Cost Analysis
3.1.3.1. Total Cost of Treatment
4.1. Overall BT Devices Market
4.2. Overall Asthma Drugs and Devices Market
5.1. Introduction
5.1.1. Global Bronchial Thermoplasty Market Revenue Forecast and Potential Addressable Market- By Age Group
5.1.1.1. 18 years – 30 years
5.1.1.2. 31 years – 50years
5.1.1.3. Greater than 50 years
6.1. Introduction
6.2. Key Takeaways
7.1. Market Dynamics
7.1.1. Drivers
7.1.2. Restraints
7.1.3. Opportunities
7.1.4. Decision Support Matrix
7.2. North America Bronchial Thermoplasty Market Analysis- by Age Group
7.3. U.S.
7.4. Canada
7.5. Mexico
8.1. Market Dynamics
8.1.1. Drivers
8.1.2. Restraints
8.1.3. Opportunities
8.1.4. Decision Support Matrix
8.2. Europe Bronchial Thermoplasty Market Analysis- by Age Group
8.3. U.K.
8.4. France
8.5. Germany
8.6. Italy
8.7. Spain
8.8. Rest of Europe
9.1. Market Dynamics
9.1.1. Drivers
9.1.2. Restraints
9.1.3. Opportunities
9.1.4. Decision Support Matrix
9.2. Asia Pacific Bronchial Thermoplasty Market Analysis- by Age Group
9.3. India
9.4. China
9.5. Japan
9.6. Rest of Asia Pacific
10.1. Market Dynamics
10.1.1. Drivers
10.1.2. Restraints
10.1.3. Opportunities
10.1.4. Decision Support Matrix
10.2. MEA Bronchial Thermoplasty Market Analysis- by Age Group
10.3. UAE
10.4. Saudi Arabia
10.5. South Africa
10.6. Rest of Middle East And Africa
11.1. Market Dynamics
11.1.1. Drivers
11.1.2. Restraints
11.1.3. Opportunities
11.1.4. Decision Support Matrix
11.2. Latin America Bronchial Thermoplasty Market Analysis- by Age Group
11.3. Argentina
11.4. Chile
11.5. Brazil
11.6. Rest of Latin America
12.1. Global Bronchial Thermoplasty Market-Company Market Share Analysis
13.1. Boston Scientific Corporation
13.2. McLaren Health Care
Note: Similar segmentation will be provided for all companies, and data will be available as per best efforts.
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