Pulmonary Function Testing Systems Growth and Forecast Report 2025Posted by rekha on September 12th, 2019 Precision Business Insights (PBI) in its report titled “Global Pulmonary Function Testing Systems Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global pulmonary function testing systems market was valued at US$ XX Mn in 2018 and increasing at a significant CAGR over the forecast timeframe owing to 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 the air pollution, rising demand for minimally invasive tests for the 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 pulmonary function testing systems market. However, lack of more number of skilled professional is expected to limit the growth of the market. Global pulmonary function testing systems market segmented on the basis of type, component, test type, application, end user, and region For request sample: https://www.precisionbusinessinsights.com/request-sample/?product_id=37252 Spirometry Dominates the Global Pulmonary Function Testing Systems Market Based on test type, global pulmonary function testing systems market segmented into spirometry, lung volume, gas exchange testing, maximal voluntary ventilation, oxygen titration test, high altitude simulation testing. Among them, spirometry testing dominated the global pulmonary function testing systems market in 2018 and estimated to dominate over the forecast period. Spirometry is a common test used to assess how well the lungs work by measuring how much air a person can inhale, how much he/she exhale and how quickly he/she exhale. The less cost of the test, low cost and high efficiency of the experiment and rise in awareness about the test are anticipated to surge the market over the forecast years. North America Leads the Global Pulmonary Function Testing Systems Market PBI’s global pulmonary function testing systems market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to enhanced the affordability for various diagnostic and treatment services, increasing number of people diagnosed with COPD and asthma, increase in geriatric population, advanced healthcare infrastructure and presence of leading market players in the region are expected to drive the growth of the market. Asia Pacific region is expected to grow at a significant growth rate over the forecast years owing to the increasing prevalence of respiratory problems, increasing healthcare awareness regarding the respiratory testing systems and presence of high patient pool.
Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players Global pulmonary function testing systems market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. Key player’s profiles in the report are
Detailed Segmentation
By Type o Complete PFT Systems o Portable PFT Systems
By Component o Software o Hardware o Service
By Test Type o Spirometry o Lung Volume o Gas Exchange Testing o Maximal Voluntary Ventilation o Oxygen Titration Test o High Altitude Simulation Testing
By Application o Chronic Obstructive Pulmonary Disease o Asthma o Chronic Shortness of Breath o Restrictive Lung Disease
By End User o Hospital/Clinical Laboratories o Diagnostics Laboratories Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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