Pulmonology Devices Industry Insights: Market Forecast to 2029

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How Is The Pulmonology Devices Market Size Likely To Evolve From 2025 Through 2034?

The domain of pulmonology equipment has experienced swift expansion lately, projected to increase its valuation from $1.36 billion observed in 2024 to reach $1.5 billion by 2025, reflecting a compound annual growth rate of 10.4%. This upswing during the past period is credited to several factors, including the escalating frequency of persistent respiratory ailments, a notable movement toward proactive health management, heightened integration of pulmonology apparatus, a sharp rise in conditions necessitating endoscopic ultrasound techniques, and a swelling demographic of elderly individuals.

Significant expansion is projected for the pulmonology devices market over the forthcoming years, with its valuation anticipated to reach $2.18 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.8%; this upward trajectory is fueled by several factors, notably the increasing incidence of respiratory illnesses, escalating air quality degradation, the proliferation of home-based medical care, heightened consciousness regarding early detection, and the enhancement of medical facilities, while key developments shaping this period involve the incorporation of artificial intelligence, the expansion of telehealth and remote patient oversight, progress in developing compact and wearable medical equipment, the utilization of robotics in minimally invasive diagnostic processes, and an augmentation in the provisions for home-based treatment.

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Which Industry Drivers Are Expected To Accelerate The Pulmonology Devices Market From 2025 To 2029?

Anticipated expansion in the incidence of ailments affecting the respiratory system is projected to fuel the advancement of the pulmonology devices sector in the forthcoming period. Breathing-related disorders encompass various medical afflictions impacting the structures essential for respiration, such as the bronchial tubes, the lungs themselves, and the musculature involved in the breathing process. These conditions are increasingly observed because of escalating atmospheric contamination, tobacco use, and workplace-related risks. Devices utilized in pulmonology facilitate the handling of these respiratory issues by offering precise diagnostic capabilities, ongoing oversight, and potent therapeutic interventions via instruments such as devices that measure lung function, aerosol delivery systems, blood oxygen measurement tools, and mechanical breathing apparatuses, which collectively enhance patient recovery and overall well-being. To illustrate this demand, data from the Australian Institute of Health and Welfare, situated in Australia, indicated in June 2024 that around 8.5 million residents, constituting 34% of the populace, were thought to be experiencing long-term respiratory ailments; specifically, an estimated 2.8 million individuals, or 11% of the population, were documented as having asthma, alongside 638,000 people, representing 2.5% of the demographic, diagnosed with chronic obstructive pulmonary disease (COPD). Consequently, the increasing frequency of respiratory pathologies serves as a stimulus for the expansion within the market for pulmonology equipment.

What Are The Major Segments Identified In The Pulmonology Devices Market?

The pulmonology devicesmarket covered in this report is segmented –

1) By Product Type: Endobronchial Ultrasound (EBUS) Needles, Pulmonary Biopsy Devices, Airway Stents, Single-Use Bronchoscopes, Other Product Types

2) By Indication: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Tracheal And Bronchial Stenosis, Foreign Body Extraction, Other Indications

3) By End-User: Pulmonology Clinics, Hospitals, Ambulatory Surgical Centers

Subsegments:

1) By Endobronchial Ultrasound (EBUS) Needles: Radial EBUS Needles, Linear EBUS Needles, Biopsy EBUS Needles, EBUS Needles With Safety Features, EBUS Needles For Peripheral Lung Lesions

2) By Pulmonary Biopsy Devices: Core Biopsy Needles, Fine Needle Aspiration (FNA) Biopsy Devices, Vacuum-Assisted Biopsy Devices, Transthoracic Biopsy Devices, Endoscopic Pulmonary Biopsy Devices

3) By Airway Stents: Self-Expanding Airway Stents, Balloon-Expandable Airway Stents, Silicone Airway Stents, Metal Airway Stents, Hybrid Airway Stents (Silicone + Metal)

4) By Single-Use Bronchoscopes: Single-Use Flexible Bronchoscopes, Single-Use Rigid Bronchoscopes, Single-Use Pediatric Bronchoscopes, Single-Use Disposable Video Bronchoscopes, Single-Use Bronchoscopes With Integrated Suction

5) By Other Product Types: Pulmonary Function Testing Devices, Nebulizers For Pulmonary Disease Treatment, Spirometers, Pulmonary Inhalation Devices, Non-Invasive Ventilation (NIV) Devices

How Are Emerging Market Trends Shaping The Pulmonology Devices Industry Landscape?

Leading organizations active within the pulmonology apparatus sector are focusing efforts on creating novel offerings incorporating sophisticated features, like bilevel positive airway pressure (BiPAP) systems, with the goals of elevating patient ease, boosting therapeutic success, and managing a spectrum of breathing ailments. This BiPAP mechanism delivers distinct pressure levels for both breathing in (IPAP) and breathing out (EPAP), potentially presenting an improved experience compared to constant pressure application. To illustrate, in February of 2024, ResMed, an American entity specializing in internet-connected medical instruments, introduced the AirCurve 11 series of upgraded BiPAP units, specifically engineered to boost both comfort and adherence rates for individuals suffering from sleep apnea and related respiratory issues. Specifically, the AirCurve 11 VAuto variant cycles between elevated and reduced pressures during expiration, a design choice intended to synchronize more closely with the individual’s inherent respiratory rhythm, simultaneously, the AirCurve 11 ASV functions as an adaptive servo-ventilation (ASV) instrument, meticulously monitoring thirteen separate metrics across every single breath cycle fifty times every second to effectively stabilize the patient’s air exchange.

Which Major Industry Participants Are Leading The Pulmonology Devices Market Growth?

Major companies operating in the pulmonology devices market are Medtronic, Koninklijke Philips N.V., GE Healthcare, Baxter, Boston Scientific Corporation, Medline Industries LP., Olympus Corporation, Omron Healthcare, ResMed, Getinge, ICU Medical Inc., Fisher & Paykel Healthcare Limited, Ambu A/S, Vyaire Medical Inc., Drive DeVilbiss Healthcare, PENTAX Medical, Hamilton Medical, Nonin Medical, CAIRE Inc., Pulmonx Corporation, Verathon Inc., Draegerwerk AG & Co. KGaA, NIOX

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How Do Regional Market Performances Compare Within The Pulmonology Devices Industry?

North America was the largest region in the pulmonology devices market in 2024. The regions covered in the pulmonology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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