Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Pulmonary Function Testing Systems Market: by Type, Test Type, Component, Application, End-user, and Geography
Pulmonary Function Testing Systems Market size was valued at US$ 138.4 million in 2022 and is poised to grow at a CAGR of 4.4% from 2023 to 2029. The increase in the prevalence of respiratory diseases such as COPD, asthma, and other chronic lung diseases all over the world. Additionally, increasing consumption of tobacco products, increase in air pollution, rising demand for minimally invasive tests for treatment and diagnosis, increase in the awareness regarding the respiratory function testing systems, and advanced healthcare systems in developed countries are expected to enhance the sales of the market. Pulmonary function testing (PFT) refers to the use of instruments to detect pulmonary impairment and respiratory problems. Because of rising cigarette usage, climate change, and increased air pollution, disorders related to breathing have become more prevalent. The rate of flow, lung volume capacity, and gas exchange are all measured with these systems. The systems aid in the diagnosis of lung illnesses as well as the selection of treatment or medicines.
Study Period
2024-2030Base Year
2023CAGR
4.4%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Increase in the prevalence of respiratory diseases like asthma, COPD, and other chronic respiratory diseases is a key factor drive the global pulmonary function testing systems market. According to World Health Organization, about 65 million people suffer from chronic obstructive pulmonary disease (COPD) and 3 million die from it each year, which makes it the third leading cause of death worldwide. About 334 million people suffer from asthma, the most common chronic disease of childhood affecting 14% of all children globally. Increase in awareness regarding the testing systems, the raise in funding for the R&D activities by public and private sectors are anticipated to propel the global pulmonary function testing market over the forecast years
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 138.4 million |
Market CAGR |
4.4% |
By Type |
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By Component |
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By Test Type |
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By Application |
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The pulmonary function testing systems market is projected to expand at a CAGR of 4.4% during the forecast period.
Medical Equipment Europe GmbH (Germany), Vyaire Medical, Inc (US), Schiller AG (US), Eco Medics AG (Switzerland), American Diagnostic Corporation (US)
North America is the fastest-growing region in the pulmonary function testing systems market
Key Market Players