Respiratory Disease Testing Market to Grow with a CAGR of 5.72% through 2030F
Growing burden of
respiratory diseases and increasing geriatric population is expected to drive
the Global Respiratory Disease Testing Market growth in the forecast period,
2026-2030
According to TechSci
Research report, “Respiratory Disease Testing Market - Industry Size,
Share, Trends, Opportunity, and Forecast, 2020–2030F”, the Global Respiratory Disease Testing Market stood at
USD 6.01 Billion in 2024 and is anticipated to grow with a CAGR of 5.72% in the
forecast period, 2026-2030. The growth in the market can be attributed to the
increasing prevalence of respiratory diseases, rising demand for point-of-care
testing, and technological advancements in respiratory disease testing devices.
The increasing prevalence of respiratory diseases is a significant driver of
market growth. Factors such as the rising number of smokers, alcohol
consumption, sedentary lifestyles, and stressful routines have led to an
increase in cases of COPD and other severe respiratory conditions like lung
cancer. The technological advancements in respiratory diagnostic testing,
including the utilization of Internet of Things (IoT) and Artificial
Intelligence (AI) for COPD diagnosis and outpatient management, have positively
impacted market growth. There is a growing demand for respiratory diagnostic
devices in privately-owned hospitals and healthcare centers, and both
government and non-governmental organizations (NGOs) are making efforts to
ensure access to quality healthcare facilities. The market is further propelled
by enhanced research and development (R&D), a rising geriatric population,
rapid urbanization, increasing industrial establishments, and escalating
pollution levels worldwide.
The market for
respiratory disease testing is further boosted by the rising pollution in the
environment. Lungs are increasingly affected by various detrimental habits
adopted by people worldwide, such as smoking and excessive alcohol consumption.
In the US, cigarette smoking is a major risk factor for lung diseases,
contributing to 80-90% of deaths. Similarly, low and middle-income countries
experience 90% of deaths related to chronic obstructive pulmonary disease
(COPD). Therefore, the rising prevalence of respiratory diseases will continue
to drive the respiratory disease testing market. Technological advancements
represent a key trend gaining popularity in the respiratory disease testing
market. Major companies in this field are focused on developing artificial
intelligence and machine learning technologies to optimize treatment protocols
and improve patient outcomes, thereby strengthening their market position.
It aids in the early
diagnosis and management of chronic obstructive pulmonary disease (COPD),
asthma, and COVID-19, providing real-time feedback on lung function through
advanced AI algorithms analyzing breath sounds. In January 2023, CAIRE Inc., a
US-based medical supply and manufacturing company, acquired MGC Diagnostics
Holdings to expand its product line and diversify its income sources by
incorporating cardiorespiratory diagnostic products into its portfolio. This
strategic move aims to solidify CAIRE Inc.'s position as a market leader in
medical technology for respiratory and cardiorespiratory diagnostics. MGC
Diagnostics Holdings Inc., a US-based medical technology company, specializes
in providing cardiorespiratory diagnostic solutions and respiratory disease
testing products. The growing investment in technological advancements and the
emergence of new-generation in-vitro diagnostic tests contribute to the
increasing demand in the global respiratory disease testing market during the
forecast period of 2023-2029. Also, the digital market has raised awareness
among individuals, fueling the market growth, although the high cost of
diagnostic tests may pose a challenge for middle-class families with limited
purchasing power.
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data Figures spread through XX Pages and an in-depth TOC on "Global Respiratory Disease Testing
Market”
The
Global Respiratory Disease Testing Market is segmented into test type,
application, end user, regional distribution, and company.
Based on application, Chronic Obstructive Pulmonary Disease
(COPD) is the dominant condition driving the global respiratory disease testing
market. This prominence is due to COPD's high global prevalence, progressive
nature, and strong association with long-term exposure to risk factors such as
smoking, air pollution, and occupational hazards. According to the World Health
Organization, COPD is among the leading causes of death worldwide, with
millions affected across both high-income and low- to middle-income countries.
The disease often requires regular monitoring and early detection, fueling
demand for diagnostic tools like spirometry, imaging, and molecular testing.
While lung cancer, asthma, and tuberculosis also contribute significantly to
the respiratory diagnostics market, COPD's chronic and widespread nature
positions it as a primary focus for healthcare systems and diagnostic
companies. The growing aging population further exacerbates the burden of COPD,
making it a key target for screening initiatives, research funding, and
technological advancements in respiratory disease testing.
Based on region, Asia-Pacific is the fastest-growing region
in the global respiratory disease testing market due to a combination of
demographic, environmental, and healthcare system factors. The region faces a
high burden of respiratory diseases such as COPD, asthma, tuberculosis, and
increasing cases of lung cancer, largely driven by rising air pollution, rapid
urbanization, and high smoking rates. Countries like China and India have some
of the world's highest rates of air pollution, which directly contributes to
chronic respiratory conditions. The large and aging population in many
Asia-Pacific countries increases susceptibility to respiratory illnesses,
creating greater demand for diagnostic solutions. Government initiatives to
strengthen healthcare infrastructure, improve early disease detection, and
invest in public health awareness are accelerating market growth. The increasing
adoption of advanced diagnostic technologies and growing investments by
international and regional diagnostic companies are expanding access to testing
services. These combined factors make Asia-Pacific a key growth engine in the
respiratory diagnostics market.
Major companies operating in Global Respiratory Disease
Testing Market are:
·
Beckton Dickinson and
Company
·
Koninklijke Philips N.V.
·
ResMed Inc.
·
Medtronic PLC
·
Carestream Health Inc.
·
MG Diagnostic
Corporation
·
Abbott Laboratories Ltd.
·
ThermoFisher Scientific
Inc.
·
Biomerieux Inc.
·
QIAGEN NV
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“The global respiratory
disease testing market has experienced notable growth in recent years, driven
by the rising prevalence of conditions such as asthma, COPD, and lung cancer.
Factors like pollution, smoking, and aging populations have contributed to this
increase, boosting demand for accurate diagnostic solutions. Technological
advancements, including molecular diagnostics, immunoassays, and advanced
imaging, have significantly improved test accuracy and efficiency. These
innovations support early detection, timely intervention, and personalized
treatment strategies, ultimately enhancing patient outcomes. As awareness and
healthcare infrastructure improve globally, the demand for effective
respiratory testing continues to rise, reinforcing the market’s ongoing
expansion and development” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Respiratory Disease
Testing Market Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented
By Test Type (Imaging Tests, Mechanical Tests, and In-vitro Diagnostic Tests),
By Application (COPD, Lung Cancer, Asthma, Tuberculosis), By End User
(Hospitals, Diagnostic Centers, and Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global
Respiratory Disease Testing Market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global
Respiratory Disease Testing Market.
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