Respiratory Devices And Equipment (Diagnostic) Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of theRespiratory Devices And Equipment (Diagnostic) Market?
The respiratory devices and equipment market is growing due to the increasing prevalence of respiratory diseases such as COPD. These diseases are particularly common in the elderly population and contribute to a rise in the use of diagnostic devices for early detection and treatment. In 2022, COPD accounted for over 7,600 deaths in Australia, further driving the demand for respiratory diagnostic devices.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3376&type=smp
#How Does the ProjectedRespiratory Devices And Equipment (Diagnostic) Market Growth Compare Over the Forecast Period?
The respiratory devices and equipment (diagnostic) market size has grown strongly in recent years. It will grow from $7.81 billion in 2024 to $8.41 billion in 2025, at a compound annual growth rate (CAGR) of 7.6%. The growth is driven by the rising incidence of chronic respiratory diseases, an aging population, smoking and environmental factors, and ongoing advancements in diagnostic technologies.
The respiratory devices and equipment (diagnostic) market is set for rapid advancement in the next few years, expected to hit $12.37 billion by 2029 at a CAGR of 10.1%. Growth factors include rising respiratory infections, increased telemedicine usage, AI and machine learning integration, and personalized healthcare. Emerging trends encompass pulmonary function tests (PFTs), home-based respiratory diagnostics, telehealth convergence, and smoking cessation technologies.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3376
What Key Market Trends and Innovations Are Shaping the Future of theRespiratory Devices And Equipment (Diagnostic) Industry?
The market for portable and wireless diagnostic respiratory devices is growing, driven by their ease of use, cost-effectiveness, and advanced features. These devices are particularly suitable for home care settings. New, innovative portable respiratory devices are being launched that allow immediate diagnosis of vital signs, such as respiratory rate and pulse rate, in contrast to traditional methods. For example, in May 2024, the National Center for Biotechnology Information reported that a portable non-invasive respiratory device was introduced, delivering instant results, making it particularly useful for chronic respiratory diseases like COPD and asthma. This device improves patient outcomes and enhances healthcare system efficiency.
Who Are the Dominant Market Players Pushing the Boundaries of theRespiratory Devices And Equipment (Diagnostic) Market?
Major companies operating in the respiratory devices and equipment (diagnostic) market include ResMed Inc., Medtronic plc, Masimo Corporation, Fisher & Paykel Healthcare Limited, Koninklijke Philips N.V., Smiths Medical, GE Healthcare, Chart Industries Inc., Philips Healthcare, Becton Dickinson and Company (BD), Abbott Laboratories, Thermo Fisher Scientific Inc., Teleflex Incorporated, Invacare Corporation, Vyaire Medical Inc., Drägerwerk AG & Co. KGaA, Getinge AB, Dräger Medical GmbH, bioMérieux, Bio-Rad Laboratories Inc – Bio-Rad Laboratories Inc., Cosmed S.r.l., Seegene Inc., SDI Diagnostics, GlaxoSmithKline plc, Hillrom, Hamilton Medical AG, Medline Industries Inc., 3M Company, Air Liquide, Allied Healthcare Products Inc., Armstrong Medical, Bio-Med Devices Inc., Breas Medical AB, CAIRE Inc., DeVilbiss Healthcare, Nihon Kohden Corporation, O2 Concepts LLC
What Are the Core Segments of the Respiratory Devices And Equipment (Diagnostic) Market, and How Do They Contribute to Growth?
The respiratory devices and equipment (diagnostic) market covered in this report is segmented –
1) By Product: Instruments And Devices, Assays And Reagents
2) By Test Type: Traditional Diagnostic Tests, Mechanical Tests, Imaging Tests, Molecular Diagnostic Tests
3) By Disease Type: Chronic Obstructive Pulmonary Disease, Lung Cancer, Asthma, Tuberculosis, Other Diseases
4) By End User: Hospital/Clinical Laboratories, Physician Offices, Reference Laboratories, Other End Users
Subsegments:
1) By Instruments And Devices: Spirometers, Pulse Oximeters, Peak Flow Meters, Capnographs, Respiratory Pressure Monitors, Portable Ventilators
2) By Assays And Reagents: Diagnostic Kits, Reagents For Respiratory Infections, Blood Gas Analysis Reagents, PCR Assays For Respiratory Pathogens
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=3376&type=smp
What Regions Are Dominating the Respiratory Devices And Equipment (Diagnostic) Market Growth?
Asia-Pacific was the largest region in the respiratory devices and equipment (diagnostic) market in 2023. North America was the second largest region in the respiratory devices and equipment (diagnostic) market. The regions covered in the respiratory devices and equipment (diagnostic) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Browse Through More Reports Similar to the Global Respiratory Devices And Equipment (Diagnostic) Market 2025, By The Business Research Company:
Orphan Drugs Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/orphan-drug-global-market-report
Respiratory Disposables Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/respiratory-disposables-global-market-report
Drug Delivery Devices Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/drug-delivery-devices-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
