Global Pulmonary Function Testing System Market is expected to surpass a valuation of USD 3,800 Mn by the year 2023. Advances in healthcare systems in developing countries and rising level of awareness is making a positive impact on the pulmonary function testing systems market.
Over the years, several breakthroughs have been made in testing technology which resulted in significant improvement in the overall testing procedure.
The primary objective of the test is to assess the severity of pulmonary impairment. Over the years, several breakthroughs have been made in testing technology which resulted in significant improvement in the overall testing procedure.
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Vyaire Medical, Inc, COSMED srl, Medical Equipment Europe GmbH, Schiller, Medical Electronic Construction, CHEST M.I., Inc, ECO MEDICS AG, MGC, Diagnostic Corporation, and ndd Medical Technologies.
The report offers insights on the leading market players and evaluates their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives.
Demand for PFT services has increased significantly thereby driving the growth of the pulmonary function testing systems market. Other factors that are reflecting favourably on the market include rising prevalence of lung cancer, rapidly expanding geriatric population, increased occurrence of obesity and increasing healthcare expenditure. The EU-28’s standardised death rate for diseases of the respiratory system was 78.3 deaths per 100 000 inhabitants in 2014.
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for pulmonary function testing systems
- Complete PFT Systems
- Portable PFT Systems
- Lung Volume
- Gas Exchange Testing
- Maximal Voluntary Ventilation
- Oxygen Titration Test
- High Altitude Simulation Testing
- Chronic Obstructive Pulmonary Disease
- Chronic Shortness of Breath
- Restrictive Lung Disease
- Hospital/Clinical Laboratories
- Diagnostics Laboratories
Pulmonary Function Testing Systems Market Research Report by Type (Complete PFT Systems, Portable PFT Systems, and Others), Test Type (Spirometry, Lung Volume, Gas Exchange Testing, and Others), Component (Software, Hardware, Service, and Others), Application (Asthma, Chronic Shortness of Breath, Restrictive Lung Disease, and Others), End-user (Hospital/Clinical Laboratories, Diagnostics Laboratories, and Others), and Region–Global Forecast to 2023
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Global Pulmonary Function Testing Systems Market: Regional Analysis
In the report, the pulmonary function testing systems market has been covered across regions such as North America, the Middle East & Africa (MEA), South America, Europe and Asia Pacific (Asia Pacific). The market in Americas is most lucrative and also makes a considerable contributes in terms of revenue. In 2017, the Americas collectively accounted for 39.0% market share followed by Europe and Asia-Pacific with 31.9% and 21.1% market share respectively.
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