Pulmonary Function Testing Market Business overview,
Upcoming Trends and Analysis Forecast - 2031

The global pulmonary
function testing market is anticipated to grow at a considerable CAGR
of 8.3% during the forecast period. Increasing incidences of lung-related
disorders and the numerous advantages offered by pulmonary function testing
positively impact the market growth. According to the British Lung Association
Foundation 2023 report, nearly 10,000 people in the UK are diagnosed with lung
diseases every week. Additionally, pulmonary diseases accounted for more than
70,00,000 hospitals admission with 6 million inpatient bed-days in the UK annually.
Pulmonary function texting is an ideal tool for assessing the physiological
impact of a virus that largely attacks the cardiopulmonary system.
Additionally, new product development, launches, and technological advancements
offered by public and private organizations in the testing kit further fueled
the market growth. 

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•             In
October 2021, a novel artificial intelligence blood testing technology
developed by researchers at the Johns Hopkins Kimmel Cancer Center was found to
detect over 90% of lung cancers in samples from nearly 800 individuals with and
without cancer. The test approach, called DELFI (DNA evaluation of fragments
for early interception), spots unique patterns in the fragmentation of DNA shed
from cancer cells circulating in the bloodstream. Applying this technology to
blood samples taken from 796 individuals in Denmark, the Netherlands and the US
investigators unveiled that the DELFI approach accurately distinguished between
patients with and without lung cancer.

•             In March
2022, KoKo, LLC and Magnet Group signed a three-year partnership contract. The
agreement allows MAGNET GROUP members to now access all KoKo’s “gold standard”
respiratory and pulmonary function testing (PFT) products. MAGNET GROUP members
now use the high-quality testing capabilities and features of KoKo’s lung
function diagnostics and software for spirometry, diffusion capacity, and PFT.
The KoKo Sx 1000 Spirometer, KoKo PX3000, and PX4000 PFT systems deliver
accurate, quick, and user-friendly data to help physicians evaluate the
respiratory functions of their patients.

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Market Coverage

•             Segment
Covered- 

o             By Device
Type 

o             By
Product Type 

o             By
Application 

o             By End
User 

•             Regions
Covered-

o             North
America

o             Europe

o             Asia-Pacific

o             Rest of
the World

•             Competitive
Landscape- including Ganshorn Medizin Electronic GmbH, KoKo, LLC, Koninklijke
Philips N.V., Medical Electronic Corp., NDD Medical Technologies, and others.

Key questions addressed by the report

•             What is
the market growth rate?

•             Which
segment and region dominate the market in the base year?

•             Which
segment and region will project the fastest growth in the market?

•             Who is
the leader in the market?

•             How
players are addressing challenges to sustain growth?

•             Where is
the investment opportunity?

Global Pulmonary Function Testing Market Report Segment

By Device Type

• Handheld


• Tabletop 

By Product Type 

• Spirometry


• Lung
  Volume Testing


• Arterial
  Blood Gas Testing


• Pulse
  Oximetey


• Others
  (Maximal Voluntary Ventilation) 

By Application 

• Respiratory
  Infections


• Asthma


• Asbestosis


• Tumors


• Sarcoidosis


• Others
  (chest surgery)

By End User 

• Hospitals


• Clinical
  Laboratories


• Diagnostics
  Laboratories

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