Market Highlights
Lung function tests are a part of routine diagnostic tests
recommended by the healthcare provider. These tests are used to diagnose number
of respiratory diseases such as chronic obstructive pulmonary disease (COPD),
and allergic conditions such as asthma. It comprises of tests such as
spirometry, gas diffusion test, body plethysmography, bronchial provocation
test, and others. Lung function tests also determine the whether the lungs are
working properly, and their capacity to carry out respiration, thus making it
necessary to identify the mode of treatment, and administration of drugs.
Prevalence of asthma is on the rise across the globe, especially
in the developing countries. The market is driven by the increasing
prevalence of respiratory diseases in urban areas for developing countries and
rising geriatric population. Additionally, increasing research and
development activities, and technological advancements to identify the causes
and risk factors for infectious lung diseases are fuelling the global lung
function tests market growth.
The global lung function tests market is expected to grow at a
CAGR of 5.7% during the forecast period.
Taste the market data and market information presented through
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Major Players in Lung Function Tests Market:
Some of the key players in the global market are CareFusion
Corporation (U.S.), MGC Diagnostic Corporation (U.S.), General Electric Company
(U.S.), Perkin Elmer (U.S., Carestream Health, Inc. (U.S.), COSMED srl (Italy),
NIHON KOHDEN CORPORATION (Japan), and others.
Regional Analysis
The lung function tests market is growing at a rapid pace in the
Americas owing to emphasis on healthy lifestyle, and prevention of lung
diseases. Also, increasing demand for technologically advanced diagnostic
devices and the presence of major market players adding fuel to the growth of
the market.
In Europe, the prevalence of allergic conditions is high,
especially asthma, and allergy rhinitis. Rising prevalence of allergic
conditions, and extensive research and development activities on the medical
devices drive the market growth.
In Asia Pacific, the increasing prevalence of asthma, chronic
obstructive pulmonary disease, poor healthcare system, and availability of
diagnostic services leads the market growth. According to the data from
GLOBOCAN, in 2012, the age-standardized rate (ASR) of incidence of
gastrointestinal diseases in Asia Pacific was 15.8 and mortality was 11.7 per
100,000 person. According to World Health Organization (WHO), the geriatric
population in China in the year 2013 was 22.6 million which is expected to show
a massive growth to 90.4 million in 2050.
In the Middle East & Africa, the demand for medical devices is
increasing for the diagnosis of chronic diseases such as COPD and others.
Rising awareness about lung diseases among the adults, and development of the
healthcare sector in the African countries also drive the growth of the market.
Segmentation
The global lung function tests market is segmented on the basis of
type, indication, devices, and end user.
On the basis of the type, the market is segmented into spirometry,
gas diffusion test, body plethysmograph, bronchial provocation test, and
others.
On the basis of the indication, the market is segmented into
asthma, chronic bronchitis, respiratory infections, chronic obstructive
pulmonary disease, cystic fibrosis, pneumonia, lung cancer, and others.
On the basis of the devices, the market is segmented into
spirometer, breath CO monitor, oscillometer, ergospirometer, dose controlled
drug nebulizer, and others.
On the basis of the end user, the market is segmented into
hospitals, clinics, diagnostic centers, and others.
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