Top Technologies in Respiratory Diagnostics Market Dominated by Players Like Philips Healthcare and Abbott Laboratories by 2021

The respiratory diagnostics market is dominated by established players such as Philips Healthcare (Netherlands), Becton, Dickinson and Company (U.S.), Abbott Laboratories (U.S.), Thermo Fisher Scientific Inc. (U.S.), and Alere, Inc. (U.S.).

The growth of respiratory diagnostics market in North America majorly driven by rising prevalence of respiratory diseases and growing geriatric population in the region.

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The global respiratory diagnostics market is projected to reach USD 7.45 billion by 2021 from USD 5.24 billion in 2016, at a CAGR of 7.3% from 2016 to 2021. Increasing prevalence of respiratory diseases, growing geriatric population, and technological advancements in respiratory diagnostic systems are the major factors driving the growth of the global respiratory diagnostics market.

Respiratory Diagnostics Market, By Disease

1 Introduction

2 Tuberculosis

3 Asthma

4 Lung Cancer

5 Chronic Obstructive Pulmonary Disease

Respiratory Diagnostics Market, By End User

1 Introduction

2 Hospital/Clinical Laboratories

3 Reference Laboratories

4 Physician Offices

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The global respiratory diagnostics market is broadly segmented by product and service, test type, disease, end user, and region. On the basis of product and service, the respiratory diagnostics market is segmented into instruments & devices, assays & reagents, and software & services.

Key Stakeholders

• Respiratory diagnostic device manufacturers and distributors
• Healthcare institutions (hospitals, laboratories, medical schools, and outpatient clinics)
• Research institutes
• Contract manufacturing organizations (CMOs)
• Government associations
• Market research and consulting firms

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Developing markets in Asia-Pacific such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore offer lucrative opportunities for players in the respiratory diagnostics market. Rising geriatric population, growing per capita income, increasing investments in the healthcare industry by key market players, and expansion of private-sector hospitals to rural areas in various APAC countries are the major factors driving the growth of the respiratory diagnostics market.

Scope of the Report

• The market study doesn’t cover the market size in terms of volume
• Some companies in this market are privately owned and their revenues are not available in the public domain. Hence, revenue for those companies are not included in this report
• Company developments not reported in the public domain are not included in this report