Report Description

 

Forecast Period

2024-2028

Market Size (2022)

USD 6.01 Billion

CAGR (2023-2028)

5.72%

Fastest Growing Segment

Imaging Tests

Largest Market

North America

 

Market Overview

Global Respiratory Disease Testing Market has valued at USD 6.01 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.72% through 2028. Respiratory diagnostics encompass the clinical evaluation of lung function and associated processes. This includes a range of mechanical, imaging, and molecular diagnostic tests aimed at detecting conditions such as asthma, chronic obstructive pulmonary disease (COPD), lung cancer, bronchitis, and pulmonary fibrosis. Procedures utilized in this field include spirometry, oximetry, transcutaneous CO2 monitoring, sniff nasal inspiratory pressure (SNIP), chest X-ray, and computed tomography (CT) scan. Additionally, in certain cases, sleep studies may be conducted to diagnose and evaluate the presence of sleep apnea and nocturnal hypoventilation.

Key Market Drivers

Growing Burden of Respiratory Diseases

The increasing prevalence of respiratory diseases is a significant driver for market growth. Factors such as the rise in smokers, alcohol consumption, sedentary lifestyle habits, and stressful routines have led to an increase in cases of COPD and other severe respiratory conditions, including lung cancer. Moreover, technological advancements in respiratory diagnostic testing, such as the utilization of Internet of Things (IoT) and Artificial Intelligence (AI) for COPD diagnosis and outpatient management, have positively impacted market growth. Additionally, the growing demand for respiratory diagnostics devices in privately-owned hospitals and healthcare centers, along with the efforts of government and non-governmental organizations (NGOs) to improve access to quality healthcare facilities, are key drivers of the respiratory diagnostics market. Respiratory symptoms rank among the primary reasons for seeking medical consultation in primary healthcare centers. Key preventable chronic respiratory disorders include asthma, COPD, allergic rhinitis, sleep apnea, and tuberculosis (particularly multi-drug resistant tuberculosis). As of September 2022, the CDC reported 873,000 emergency department visits for COPD in the United States in 2020, with 5% of adults receiving a new diagnosis of COPD, emphysema, or chronic bronchitis. These statistics underscore the growing burden of respiratory diseases on society, which is expected to drive the demand for respiratory disease testing and fuel market growth.

Technological Advancements in Testing Devices and Modalities

Technological advancements are a prominent trend gaining traction in the respiratory disease testing market. Major companies operating in this field are focused on developing artificial intelligence and machine learning technologies to optimize treatment protocols and enhance patient outcomes, thereby strengthening their market position. For instance, in March 2022, Respira Labs, a US-based healthcare technology company, introduced an AI-powered wearable device called Sylvee for monitoring lung function. The device, designed to be worn as a chest strap, utilizes AI and machine learning algorithms to analyze data from multiple sensors measuring breathing rate, volume, and patterns. Sylvee aids in early diagnosis and management of chronic obstructive pulmonary disease (COPD), asthma etc. Its advanced AI algorithms analyze breath sounds, providing real-time feedback on lung function. In January 2023, CAIRE Inc., a US-based medical supply and manufacturing company, completed the acquisition of MGC Diagnostics Holdings for an undisclosed amount. Through this acquisition, CAIRE Inc. aims to expand its product line, diversify its revenue streams by incorporating cardiorespiratory diagnostic products, and solidify its position as a market leader in medical technology for respiratory and cardiorespiratory diagnostics. MGC Diagnostics Holdings Inc. is a US-based medical technology company that offers cardiorespiratory diagnostic solutions and respiratory disease testing products.

Increasing Geriatric Population

The geriatric population is anticipated to witness a sharp increase, as projected by the World Health Organization (WHO). By 2050, it is estimated that the global population aged 60 years and above will reach 2 billion, compared to 900 million in 2015. Similarly, China's elderly population aged 65 or older is expected to rise from 9.5% in 2015 to 27.5% by 2050, according to data from the Center for Strategic and International Studies, China Power Project. Furthermore, India's elderly population aged 65 and above accounted for 6.3779% of the total population in 2019, based on World Bank data. The geriatric age group is particularly susceptible to respiratory infections due to physiological and structural changes in the respiratory system that occur with aging. Additionally, the morbidity and mortality rates tend to increase with age. A study published in the Allergy & Immunology Journal in 2019 revealed that asthma affects 4% to 13% of adults aged 65 and above in the United States. Moreover, research suggests that senior patients experience severe effects of acute respiratory distress syndrome  (ARDS), with a mortality rate ranging from 70% to 80%. Hence, the early detection and understanding of respiratory diseases are crucial for improving patient outcomes among the elderly. This is expected to drive the growth of the respiratory disease testing market as a whole.

Increasing Government Initiatives

Government initiatives play a crucial role in driving advancements and growth in the respiratory disease testing market. These initiatives are designed to address public health challenges, improve disease diagnosis and management, and promote research and innovation. Many countries have developed national action plans focused on respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and respiratory infections. These plans outline strategies for disease prevention, early diagnosis, treatment, and patient education. They often emphasize the importance of accurate and timely respiratory disease testing. Government health agencies establish surveillance programs to monitor the prevalence, incidence, and trends of respiratory diseases. These programs help in understanding the burden of respiratory diseases, identifying outbreaks, and implementing targeted interventions. Government funding for research into respiratory diseases encourages innovation in diagnostic technologies.

Grants, subsidies, and research partnerships support the development of new testing methods, biomarkers, and devices for respiratory disease diagnosis. Governments initiate public awareness campaigns to educate the population about the risks of respiratory diseases, early symptoms, and the importance of seeking timely medical care. These campaigns often emphasize the role of diagnostic testing in identifying respiratory conditions. These government initiatives collectively contribute to the growth of the respiratory disease testing market by creating an environment conducive to research, innovation, public awareness, and improved healthcare infrastructure. They also play a vital role in addressing the global burden of respiratory diseases and improving patient outcomes.


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Key Market Challenges

High Cost and Lack of Skilled Professionals

The significant cost associated with diagnostic procedures poses a major challenge to the growth of the global respiratory diagnostics market during the forecast period. Furthermore, the rapid technological advancements in the field have led to a shortage of qualified specialists. The lack of competent experts has greatly hindered the proper handling of instruments and the execution of procedures. The cost associated with setting up and maintaining advanced respiratory disease testing facilities, including purchasing equipment, reagents, and maintaining quality control, can be substantial. This cost burden can discourage healthcare providers from investing in the necessary infrastructure. The high cost of establishing and operating testing facilities can lead to geographic disparities in access. Remote or underserved areas may lack the resources needed to offer comprehensive respiratory disease testing, limiting access for vulnerable populations. The specialized nature of respiratory disease testing requires trained and skilled laboratory professionals who can operate and interpret complex diagnostic equipment accurately. A shortage of such professionals can lead to delays in testing, misinterpretation of results, and overall reduced testing capacity.

Fewer Reimbursements Policies

Globally, there is a limited number of reimbursement policies for diagnosing various conditions. Many individuals worldwide heavily depend on reimbursement to access diagnostic procedures and therapies. In the near future, the demand for diagnostic tests may decrease as a result of unfavorable reimbursement regulations. The projected growth in demand for these services will be restricted due to inadequate or nonexistent diagnostic test coverage in the Asia Pacific region. Without proper reimbursement, patients may be required to bear a larger portion of the testing cost out of their own pockets. This financial burden can deter individuals from undergoing necessary respiratory disease testing, leading to delayed diagnosis and treatment. High out-of-pocket expenses can also discourage individuals from seeking routine screenings or follow-up testing, increasing the risk of undetected respiratory conditions and exacerbating disease progression. Limited reimbursement can result in reduced availability of respiratory disease testing services, particularly in facilities that rely on insurance reimbursements to cover operational costs. This can lead to healthcare disparities, with underserved populations having less access to these critical tests.

Key Market Trends

Point-of-Care Testing (POCT) Expansion

The expansion of point-of-care testing for respiratory diseases will enable rapid and convenient testing in various healthcare settings, such as clinics, pharmacies, and community health centers. POCT devices will facilitate timely diagnosis and monitoring, especially in resource-limited environments. POCT devices provide rapid results, often within minutes, allowing healthcare providers to make timely decisions about patient care. In cases of acute respiratory conditions, such as respiratory infections or exacerbations of chronic diseases, quick diagnosis can lead to immediate initiation of appropriate treatment. Traditional laboratory testing involves transporting samples, processing, and result reporting, which can lead to delays.

POCT devices minimize turnaround time, enabling healthcare providers to quickly assess a patient's respiratory status and make informed decisions without waiting for external laboratory results. As technology continues to advance, the development of accurate, user-friendly, and affordable POCT devices for respiratory diseases has the potential to revolutionize healthcare delivery, particularly in settings where access to traditional laboratory testing is limited. It empowers healthcare providers with actionable information and empowers patients to actively manage their respiratory health, contributing to better overall healthcare outcomes.

Integration of Artificial Intelligence (AI)

AI-driven algorithms and machine learning techniques will enhance the accuracy and interpretation of respiratory disease test results, leading to more precise diagnoses and personalized treatment recommendations. AI algorithms can analyze large datasets of respiratory disease test results, medical histories, and risk factors to identify patterns and subtle correlations that human experts might miss.

This can lead to earlier detection and diagnosis of respiratory conditions, allowing for timely interventions and improved outcomes. AI can integrate and analyze various types of data, such as medical images (like chest X-rays or CT scans), laboratory test results, genetic information, and patient histories. By combining these data sources, AI can provide a comprehensive view of a patient's respiratory health, enabling more accurate assessments. Machine learning algorithms excel at recognizing complex patterns in data. In respiratory disease testing, AI can identify unique biomarkers or combinations of factors that indicate specific diseases, facilitating accurate diagnosis and differentiation between similar conditions. As AI technologies continue to evolve, they hold the potential to revolutionize respiratory disease diagnostics, providing more precise diagnoses, personalized treatment strategies, and improved patient outcomes.

Segmental Insights

Test Type Insights

The global market for respiratory disease testing can be categorized into Imaging Tests, Mechanical Tests, and In-vitro Diagnostic Tests. Among these categories, In-vitro Diagnostic Tests stand out as the most prominent, while Imaging Tests exhibit the highest growth rate. In-vitro Diagnostic Tests, encompassing molecular diagnostics and immunoassays, play a crucial role in accurately and efficiently diagnosing respiratory diseases through the analysis of patient samples like blood, sputum, or lung fluids. These tests offer a wide range of capabilities, including pathogen detection, identification of genetic markers, and measurement of biomarkers associated with respiratory conditions. The dominance of In-vitro Diagnostic Tests is attributed to their widespread adoption, established infrastructure, and proven efficacy. Conversely, Imaging Tests are witnessing rapid growth in the respiratory disease testing market. Techniques such as X-rays, computed tomography (CT) scans, magnetic resonance imaging (MRI), and positron emission tomography (PET) scans are employed to visualize the respiratory system and identify abnormalities or lesions. These tests provide detailed anatomical information and aid in the diagnosis, staging, and monitoring of respiratory diseases. The increasing demand for non-invasive and precise diagnostic methods, along with advancements in imaging technology, has propelled the growth of Imaging Tests in the respiratory disease testing market.

End User Insights

The global market for respiratory disease testing can be categorized by end users into hospitals, diagnostic centers, and others. Among these segments, hospitals serve as the predominant end users, while diagnostic centers exhibit the highest growth rate. Hospitals play a vital role in diagnosing and treating respiratory diseases, equipped with advanced infrastructure, medical expertise, and a wide range of diagnostic facilities. As a result, hospitals are the primary choice for respiratory disease testing, providing the necessary resources for various tests such as imaging, in-vitro diagnostics, and mechanical tests. Their comprehensive care and multidisciplinary approach establish hospitals as the dominant end users in the respiratory disease testing market. On the other hand, diagnostic centers are experiencing rapid growth in the global market for respiratory disease testing. These centers specialize in providing diagnostic services, including respiratory disease testing, in a focused and efficient manner. Equipped with advanced imaging equipment, dedicated laboratories for in-vitro diagnostics, and specialized personnel trained in respiratory testing, diagnostic centers offer convenience, shorter wait times, and specialized expertise. This attracts patients seeking efficient and accurate respiratory disease testing. Furthermore, the increasing trend towards outpatient care and the rising demand for standalone diagnostic services contribute to the rapid growth of diagnostic centers in the respiratory disease testing market.


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Regional Insights

North America maintains a dominant position in the global respiratory disease testing market for various reasons. The region benefits from advanced healthcare infrastructure, substantial healthcare expenditure, and a strong presence of key market players. Moreover, the high prevalence of respiratory diseases like asthma, COPD, and lung cancer contributes to the demand for respiratory disease testing in North America. The region also demonstrates a proactive approach to early disease detection and management, which further propels the adoption of respiratory disease testing. Additionally, favorable reimbursement policies and government initiatives supporting respiratory healthcare further solidify North America's dominance in the market. On the other hand, Asia Pacific emerges as the fastest growing region in the global respiratory disease testing market. This growth can be primarily attributed to factors such as a large population base, rapid urbanization, increasing awareness about respiratory diseases, and improving healthcare infrastructure. The region has witnessed a surge in respiratory disease prevalence due to pollution, smoking, and lifestyle changes. Consequently, there is an escalating need for efficient and accurate respiratory disease testing methods in Asia Pacific. Furthermore, governments in the region are prioritizing the expansion of healthcare access, enhancement of diagnostics capabilities, and investments in healthcare infrastructure, thereby driving the market growth for respiratory disease testing in Asia Pacific.

Recent Developments

  • In January 2022, Highmark Health and Bosch have entered into a research partnership to investigate the application of innovative sensor technology and artificial intelligence (AI) in the detection of pediatric pulmonary conditions, such as asthma. This collaboration further builds upon a longstanding tradition in the healthcare industry.
  • In May 2022, QuantuMDx Group Limited, a UK-based developer of groundbreaking point-of-care diagnostics, has successfully launched its new respiratory panel test Q-POC SARS-CoV-2, Flu A/B & RSV Assay. By introducing the Q-POC respiratory panel test, the company has expanded its multiplex capabilities, empowering customers with rapid and convenient point-of-care testing solutions.
  • In November 2021, Cipla Limited introduced Spirofy, India's first pneumotach-based portable and wireless Spirometer, on World COPD Day. This launch signifies the company's commitment to revolutionizing the diagnosis of Obstructive Airway Disease (OAD) in India.

Key Market Players

  • Beckton Dickinson and Company
  • Koninklijke Philips N.V.
  • ResMed Inc.
  • Medtronic PLC
  • Carestream Health
  • MG Diagnostic Corporation
  • Abbott Laboratories
  • ThermoFisher Scientific
  • Biomerieux
  • QIAGEN

By Test Type

By Application

By End User

By Region

  • Imaging Tests
  • Mechanical Tests
  • In-vitro Diagnostic Tests 
  • COPD
  • Lung Cancer
  • Asthma
  • Tuberculosis
  • Hospitals
  • Diagnostic Centers
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Report Scope:

In this report, the Global Respiratory Disease Testing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Respiratory Disease Testing Market, By Test Type:

o   Imaging Tests

o   Mechanical Tests

o   In-vitro Diagnostic Tests

  • Respiratory Disease Testing Market, By Application:

o   COPD

o   Lung Cancer

o   Asthma

o   Tuberculosis

  • Respiratory Disease Testing Market, By End User:

o   Hospitals

o   Diagnostic Centres

o   Others

  • Respiratory Disease Testing Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Respiratory Disease Testing Market.

Available Customizations:

Global Respiratory Disease Testing market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Respiratory Disease Testing Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Respiratory Disease Testing Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Test Type (Imaging Tests, Mechanical Tests, and In-vitro Diagnostic Tests)

5.2.2.    By Application (COPD, Lung Cancer, Asthma, Tuberculosis)

5.2.3.    By End User (Hospitals, Diagnostic Centers, and Others)

5.2.4.    By Region

5.2.5.    By Company (2022)

5.3.  Market Map

6.    North America Respiratory Disease Testing Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Test Type

6.2.2.    By Application

6.2.3.    By End User

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Respiratory Disease Testing Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Test Type

6.3.1.2.2.           By Application

6.3.1.2.3.           By End User

6.3.2.    Canada Respiratory Disease Testing Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Test Type

6.3.2.2.2.           By Application

6.3.2.2.3.           By End User

6.3.3.    Mexico Respiratory Disease Testing Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Test Type

6.3.3.2.2.           By Application

6.3.3.2.3.           By End User

7.    Europe Respiratory Disease Testing Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Test Type

7.2.2.    By Application

7.2.3.    By End User

7.3.  Europe: Country Analysis

7.3.1.    Germany Respiratory Disease Testing Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Test Type

7.3.1.2.2.           By Application

7.3.1.2.3.           By End User

7.3.2.    United Kingdom Respiratory Disease Testing Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Test Type

7.3.2.2.2.           By Application

7.3.2.2.3.           By End User

7.3.3.    Italy Respiratory Disease Testing Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Test Type

7.3.3.2.2.           By Application

7.3.3.2.3.           By End User

7.3.4.    France Respiratory Disease Testing Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Test Type

7.3.4.2.2.           By Application

7.3.4.2.3.           By End User

7.3.5.    Spain Respiratory Disease Testing Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Test Type

7.3.5.2.2.           By Application

7.3.5.2.3.           By End User

8.    Asia-Pacific Respiratory Disease Testing Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Test Type

8.2.2.    By Application

8.2.3.    By End User

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Respiratory Disease Testing Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Test Type

8.3.1.2.2.           By Application

8.3.1.2.3.           By End User

8.3.2.    India Respiratory Disease Testing Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Test Type

8.3.2.2.2.           By Application

8.3.2.2.3.           By End User

8.3.3.    Japan Respiratory Disease Testing Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Test Type

8.3.3.2.2.           By Application

8.3.3.2.3.           By End User

8.3.4.    South Korea Respiratory Disease Testing Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Test Type

8.3.4.2.2.           By Application

8.3.4.2.3.           By End User

8.3.5.    Australia Respiratory Disease Testing Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Test Type

8.3.5.2.2.           By Application

8.3.5.2.3.           By End User

9.    South America Respiratory Disease Testing Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Test Type

9.2.2.    By Application

9.2.3.    By End User

9.3.  South America: Country Analysis

9.3.1.    Brazil Respiratory Disease Testing Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Test Type

9.3.1.2.2.           By Application

9.3.1.2.3.           By End User

9.3.2.    Argentina Respiratory Disease Testing Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Test Type

9.3.2.2.2.           By Application

9.3.2.2.3.           By End User

9.3.3.    Colombia Respiratory Disease Testing Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Test Type

9.3.3.2.2.           By Application

9.3.3.2.3.           By End User

10. Middle East and Africa Respiratory Disease Testing Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Test Type

10.2.2. By Application

10.2.3. By End User

10.3.             MEA: Country Analysis

10.3.1. South Africa Respiratory Disease Testing Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Test Type

10.3.1.2.2.         By Application

10.3.1.2.3.         By End User

10.3.2. Saudi Arabia Respiratory Disease Testing Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Test Type

10.3.2.2.2.         By Application

10.3.2.2.3.         By End User

10.3.3. UAE Respiratory Disease Testing Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Test Type

10.3.3.2.2.         By Application

10.3.3.2.3.         By End User

11. Market Dynamics

12. Market Trends & Developments

13. Global Respiratory Disease Testing Market: SWOT Analysis

14. Competitive Landscape

14.1.             Business Overview

14.2.             Services Offerings

14.3.             Recent Developments

14.4.             Key Personnel

14.5.             SWOT Analysis

14.5.1. Beckton Dickinson and Company

14.5.2. Koninklijke Philips N.V.

14.5.3. ResMed Inc.

14.5.4. Medtronic PLC

14.5.5. Carestream Health

14.5.6. MG Diagnostic Corporation

14.5.7. Abbott Laboratories

14.5.8. ThermoFisher Scientific

14.5.9. Biomerieux

14.5.10.              QIAGEN

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Respiratory Disease Testing Market was estimated to be USD 6.01 Billion in 2022.

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The imaging test segment had the highest share in the overall respiratory disease testing market, as indicated by diagnostic tests. This can be attributed to the growing demand, as these tests are commonly used as the primary diagnostic tool for respiratory diseases (e.g., X-ray) in both developed and developing countries.

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North America accounted for the largest market share in 2022 and is projected to maintain this trend throughout the forecast period. The region's growth is attributed to the increasing geriatric population at risk for respiratory disorders, as well as the rising rates of COPD, asthma, and other respiratory tract infections (RTI).

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Growing burden of respiratory diseases and technological advancements are the major drivers for the Global Respiratory Disease Testing Market.

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Sakshi Bajaal

Business Consultant
Press Release

Respiratory Disease Testing Market to Grow with a CAGR of 5.72% through 2028

Nov, 2023

Growing burden of respiratory diseases and increasing geriatric population is expected to drive the Global Respiratory Disease Testing Market growth in the forecast period, 2024-2028.