Lung Assessment Device Market Analysis

  • Report ID: 5210
  • Published Date: Sep 01, 2023
  • Report Format: PDF, PPT

Lung Assessment Device Market Analysis

Type (Spirometers, Nebulizers)

The nebulizers segment is estimated to gain the largest market share of 60% in the year 2035. Technological advancements in nebulizer design and functionality are driving the demand for these devices. The development of portable and compact nebulizers allows patients to receive treatments conveniently at home or on-the-go. Smart nebulizers equipped with connectivity features enable real-time monitoring and data sharing between patients and healthcare providers. The industry of smart inhalers and nebulizers is projected to grow by 26% by the year 2025.

End User (Hospitals, Home Care, Diagnostic Laboratories)

The hospitals segment is expected to garner a significant share in the year 2035. Hospitals play a vital role in critical care and disease management for patients with severe respiratory conditions. Lung assessment devices are instrumental in monitoring patients in intensive care units (ICUs) and guiding interventions for optimal ventilation and oxygenation. Timely and accurate assessment is crucial for improving patient outcomes. A study found that proper lung assessment and management in critically ill patients significantly impact mortality rates and overall patient care.

Our in-depth analysis of the global market includes the following segments:

             Type

  • Spirometers
  • Nebulizers

 

   

            End User

  • Hospitals
  • Home Care
  • Diagnostic Laboratories

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5210
  • Published Date: Sep 01, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand from hospitals is the major factor driving the market growth.

The market size of lung assessment device is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Philips Healthcare, Medtronic, Masimo Corporation, GE Healthcare, BD (Becton, Dickinson and Company), Smiths Medical, and others.

The hospiatals segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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