Respiratory diseases are the diseases which affects are constantly raising due to air pollutions. Asthma, chronic obstructive pulmonary disease, chronic bronchitis, pulmonary edema, lung cancer, emphysema and cystic fibrosis are some of the major respiratory diseases. Due to prevalence in respiratory diseases, respiratory diagnostics market is growing rapidly.Market Analysis: Global Respiratory Diagnostics Market
The Global Respiratory Diagnostics market accounted to USD 6.12 billion in 2016 growing at a CAGR of 7,5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Top countries covered in this report are
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
The leading players of Respiratory Diseases Diagnostic Testing industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Respiratory Diseases Diagnostic Testing players will help the industry aspirants in planning their strategies. The statistics offered in this report will be precise and useful guide to shape the business growth.
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- Philips N.V.
- Thermo Fisher Scientific Inc.
- GlaxoSmithKline plc
- MGC Diagnostics Corporation
- CARESTREAM MEDICAL
- Among Others
Table of Contents of Global Respiratory Diagnostics Market:
- Respiratory Diagnostics Market Overview
- Respiratory Diagnostics Market Competition, Profiles/Analysis, Strategies
- Respiratory Diagnostics Market Testing Capacity, Production, Revenue (Value) by Region (2019-2024)
- Respiratory Diagnostics Market Supply (Production), Consumption, Export, Import by Region (2019-2024)
- Respiratory Diagnostics Market Regional Highlights
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Market Decisions with respect to present scenario
- Respiratory Diagnostics Market Forecast (2019-2024)
- Case Studies
- Research Findings and Conclusion
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Major market drivers and restraints:
· Increasing prevalence of respiratory diseases
· Technological advancement in respiratory diagnostic testing
· Growth in geriatric population with respiratory disorders
· Increase in the demand for respiratory devices in private hospitals and clinics
· High prevalence of tobacco smoking
· Urbanization and growing pollution levels
· High price associated with COPD diagnosis and testing
· Strict regulatory requirements
· Reimbursement concerns
Market Segmentation: Global Respiratory Diagnostics Market
- By product and service: instruments & devices, assays & reagents and services & software.
- By test type the market is segmented into mechanical tests, OSA diagnostic tests, other test types, imaging tests, traditional diagnostic tests and molecular diagnostic tests. Mechanical tests are further sub segmented into pulmonary function tests. Pulmonary function tests are again sub segmented into spirometry and peak flow test.
- Imaging Tests are further sub segmented into X-Ray, computed tomography, magnetic resonance imaging (MRI), positron emission tomography (PET) and other. Traditional diagnostic tests are further sub segmented into immunodiagnostics, biochemical characterization and microscopy. Molecular diagnostic tests are further sub segmented into PCR, nucleic acid amplification test, in situ hybridization, DNA sequencing & next-generation sequencing (NGS), microarrays and other.
- On the basis of disease the market is segmented into tuberculosis, asthma, lung cancer, chronic obstructive pulmonary disease and other.
- By end user the market is segmented into hospital, clinical laboratories, reference laboratories and physician offices.
- On the basis of geography, respiratory diagnostics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
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Competitive Analysis: Global Respiratory Diagnostics Market
The respiratory diagnostics market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of respiratory diagnostics market for global, Europe, North America, Asia Pacific and South America.
Key questions answered in this report
- What will be the market size in 2024 and what will the growth rate?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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