Respiratory Disease Testing Market is Expected to Reach USD 3.1 billion in 2022 Health Articles | June 1 Juan Iturbe Jersey , 2016
The global respiratory disease testing market is witnessing a surge in market valuation in the recent years.聽The rising frequency of respiratory diseases, triggered by the rapid increase in the global geriatric population, has given an impetus to the market in the past. This trend is also expected to boost the worldwide market for respiratory disease testing during the period from 2014 to 2022 significantly.
The respiratory system plays a key role in the delivery of oxygen to the body and also removes carbon dioxide waste from the body. In addition, the system also eliminates toxic waste, stabilizes blood-alkaline balance (pH), and regulates temperature. Respiratory diseases inhibit this normal functioning of the respiratory system and may occur as a result of causes such as the inhalation of dangerous agents, smoking Hector Moreno Jersey , and unhealthy lifestyles. A number of genetic factors, infections, and other factors impacting the development of the lungs, either indirectly or directly may also cause respiratory ailments.
As per the report, the rising aging population raises the utilization of respiratory disease testing products, thus having a positive impact on the growth of the market. In addition, the increasing occurrence of respiratory diseases such as pneumonia Gregoire Defrel Jersey , chronic obstructive pulmonary disease (COPD), asthma, and cystic fibrosis also propels the growth of the market for respiratory disease testing. Furthermore, the rising technological developments will also have a positive impact on the development of this market. On the other hand, the report states that the decreasing adoption of advanced spirometers and digital radiography systems is a key factor impeding the growth of the market.
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In terms of test, the respiratory disease testing market is segmented into spirometry tests, imaging tests Gerson Jersey , blood gas tests, peak flow tests, lung volume tests, and other tests. Amongst these, the segment of imaging tests led the market in 2013. The reason for the dominance of this segment is the increasing demand for imaging tests such as X-rays, etc. Additionally, imaging tests have also emerged as the first-line diagnostic tests for a number of respiratory diseases.
By end use Francesco Totti Jersey , the respiratory disease testing market is segmented into physician offices, clinical laboratories, and hospitals. Amongst these, hospitals constituted the largest share in the market for respiratory disease testing in 2013. The reason for the dominance of this segment is the wide-ranging use of respiratory diagnostic instruments, particularly X-ray machines, within this segment. Furthermore, doctors globally have shown a high preference for in-house diagnostic tests for patients rather than relying on outside laboratory tests Federico Fazio Jersey , thus resulting in an increased dominance of hospitals globally.
On the basis of geography, the report segments the market into North America, Europe, Asia Pacific, and Rest of the World (RoW). Amongst these, North America constituted the largest share in the market in 2013. This is owing to the rising occurrence of respiratory diseases and the increasing demand for home healthcare services and devices here. On the other hand, the Asia Pacific respiratory disease testing market is predicted to rise at the swiftest growth rate in the coming years.
As per the report Emerson Jersey , the chief players operating in the market are COSMED, CareFusion Corp., Carestream Health Inc., Futuremed America Inc., GE Healthcare, NIHON KOHDEN Corp., Perkin Elmer Inc. Edin Dzeko Jersey , Philips Healthcare, SDI Diagnostics, Smiths Medical, and Siemens Healthcare, among others.
Key segments of the Respiratory Disease Testing Market
By Test
Imaging Tests Spirometry Tests Peak Flow Tests Blood Gas Tests Lung Volume Tests Other Tests
By End User
Hospitals Physician Offices Clinical Laboratories
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