Pulmonary Function Testing Systems Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing prevalence of respiratory diseases, growth in the elderly population and the rising prevalence of lung cancer are the major drivers propelling market growth.
Global Pulmonary Function Testing Systems Market is valued at USD 344.7 Million in 2018 and expected to reach USD 466.0 Million by 2025 with the CAGR of 4.40% over the forecast period.
Scope of Global Pulmonary Function Testing Systems Market Report–
Pulmonary function tests (PFTs) are non invasive tests that show how well the lungs are working. Pulmonary function tests system consists of a series of tests to determine and measure the effectiveness of pulmonary inhalation and exhalation functions. It can diagnose certain types of lung diseases such as asthma, bronchitis and emphysema, as well as determine the cause of shortness of breath. In recent years, issues related to respiration are increased to a substantial level partly due to factors such as climate change, rising air pollution and increased consumption of cigarette. PFT systems are used for measuring lung volume, capacity, and rate of flow and gas exchange. The information derived from the test is accurate and help in diagnosing certain lung disorders as well as determining treatment or therapeutics for them. Doctors and medical experts recommend regular pulmonary function testing (PFT) for people of all age groups as it helps to stay in control of a person’s health. Furthermore, PFT is necessary for patients with existing lung dysfunction or past history of lung diseases.
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Global pulmonary function testing systems market report is segmented on the basis of type, test type, component, application, end-user and region & country level. Based on type, global pulmonary function testing systems market is classified into complete PFT systems and portable PFT systems. Based on test type, market is classified into spirometry, lung volume, gas exchange testing, maximal voluntary ventilation, oxygen titration test, and high altitude simulation testing. Based on component, global pulmonary function testing systems market is classified into software, hardware and service. Based on application, market is classified into chronic obstructive pulmonary disease, asthma, chronic shortness of breath, and restrictive lung disease. Based on end-user, global pulmonary function testing systems market is classified into hospital/clinical laboratories and diagnostics laboratories.
The regions covered in this pulmonary function testing systems market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of pulmonary function testing systems is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Pulmonary Function Testing Systems Market Report-
Global pulmonary function testing systems market report covers prominent players like CareFusion(BD), Schiller, CHEST, COSMED, nSpire Health, NDD, MGC Diagnostics, Minato, Ganshorn, AESRI, Morgan Scientific, and among others.
Vyaire Medical Received FDA Clearance of New Pulmonary Function Testing Technology.
August 20th, 2019; Vyaire Medical, Inc., the healthcare industry’s dedicated “breathing company,” announced the U.S. Food and Drug Administration (FDA) has granted FDA 510(k) clearance for two of its latest Pulmonary Function Testing (PFT) technologies: Vyntus ONE, Vyntus BODY with SentrySuite Software. The Vyntus ONE is designed to be a convenient PFT station available in a fixed or mobile configuration that is patient-friendly and easy for clinicians to use. Vyntus BODY is engineered to conduct body plethysmography to measure lung capacity and other pulmonary functions for patients of all sizes and mobility, offering larger interior space to accommodate patients of any size without increasing the footprint of the cabin. Both Vyntus ONE and Vyntus BODY include a newly designed Ultrasonic Flow Sensor that represents significant improvements in efficiency and accuracy of pulmonary function testing.
Global Pulmonary Function Testing Systems Market Dynamics–
Increasing incidences of lung cancer, as well as other chronic lung-related diseases, is the main factor driving the growth of global pulmonary function testing systems market. According to American Cancer Society, in United States around 228,150 new cases of lung cancer occurs in 2019. Additionally, around 142,670 deaths occur from lung cancer (76,650 in men and 66,020 in women). In addition, the growing demand for minimally invasive tests to design an appropriate method of treating lung disease is also supplement the market growth. Furthermore, excessive consumption of tobacco in the form of cigarettes has also accelerate the prevalence of lung cancer. This has become the main driver of demand in the global market for pulmonary function testing systems. Moreover, the growth of the geriatric population has also played a key role in the rapid growth of the global market. However, reimbursement problems and a shortage of qualified professionals may restrain the growth of the market.
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Global Pulmonary Function Testing Systems Market Regional Analysis–
North America is expected to account for the largest share of the pulmonary function testing systems market during the forecast period. This is attributed to the rising technological advancements in diagnostics, coupled with the increasing prevalence of respiratory diseases and other pulmonary disorders.
The European market for pulmonary function testing system is expected to be the second largest during the forecast period owing to the increasing prevalence of lung diseases such as asthma, COPD, and increasing demand for lung function tests in this region. According to European Respiratory Journal, in Europe, almost 10 billion people <45 years of age have asthma. The prevalence of asthma in the European Union (EU) is 8.2% in adults and 9.4% in children. Asia-Pacific is estimated to be the fastest-growing market due to the increasing demand for pulmonary function testing devices in private hospitals and clinics.
Key Benefits for Global Pulmonary Function Testing Systems Market Report–
Global Pulmonary Function Testing Systems Market report covers in depth historical and forecast analysis.
Global Pulmonary Function Testing Systems Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Pulmonary Function Testing Systems Market report helps to identify opportunities in market place.
Global Pulmonary Function Testing Systems Market report covers extensive analysis of emerging trends and competitive landscape.
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Global Pulmonary Function Testing Systems Market Segmentation: –
Complete PFT Systems
Portable PFT Systems
By Test Type:
Gas Exchange Testing
Maximal Voluntary Ventilation
Oxygen Titration Test
High Altitude Simulation Testing
Chronic Obstructive Pulmonary Disease
Chronic Shortness of Breath
Restrictive Lung Disease
By Regional & Country Analysis:
The Middle East and Africa
Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Pulmonary Function Testing Systems Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Pulmonary Function Testing Systems Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Pulmonary Function Testing Systems Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
3. Chapter – Global Pulmonary Function Testing Systems Market Overview: Quantitative Analysis
4. Chapter – Global Pulmonary Function Testing Systems Market Analysis: By Type
5. Chapter – Global Pulmonary Function Testing Systems Market Analysis: By Test Type
6. Chapter – Global Pulmonary Function Testing Systems Market Analysis: By Component
7. Chapter – Global Pulmonary Function Testing Systems Market Analysis: By Application
8. Chapter – Global Pulmonary Function Testing Systems Market Analysis: By End-User
9. Chapter – Global Pulmonary Function Testing Systems Market Analysis: By Manufacturer
10. Chapter –Pulmonary Function Testing Systems Market: Regional Analysis
11. Chapter – Company Profiles
11.1.3. Product portfolio
11.1.4. Pulmonary Function Testing Systems Market Revenue (USD Million) and Market Share (%), 2014 – 2018
11.1.5. Pulmonary Function Testing Systems Sales Market Share (%), 2014 – 2018
11.1.6. Business strategy
11.1.7. Recent developments
11.5. nSpire Health
11.7. MGC Diagnostics
11.11. Morgan Scientific
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