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The pulmonary function testing system market size was valued at USD 152.3 million in 2022 and is projected to grow from USD 158.1 million in 2023 to USD 214.1 million by 2030, exhibiting a CAGR of 4.4% during 2023-2030.
Pulmonary Function Testing (PFT) system is a device that performs various pulmonary function tests, such as respiratory mechanics, nitrogen washout, spirometry, lung volumes, vital capacity, plethysmography, and diffusion capacity. There are two types of devices available, complete and portable systems. These devices can be utilized to monitor people suffering from severe breathing ailments such as asthma and COPD.
The pulmonary function testing system market growth is attributed to the growing occurrence of chronic respiratory ailments. Furthermore, technological advancements, such as portable systems, are anticipated to increase the demand for these devices in the coming years. Additionally, rising awareness regarding the usage of these devices and increasing product launches by the companies are predicted to accelerate the market growth during the forecast timeframe.
COVID-19 Pandemic Slowed Market Growth in 2020 due to Shutdown of Pulmonary Clinics
The influence of the COVID-19 pandemic resulted in lesser demand for pulmonary function testing systems. However, after the relaxation of lockdowns in some countries, the use of PFT resumed in healthcare facilities with the RT-PCR test.
The widespread disruption caused by COVID-19 significantly affected the manufacturing of these systems. The imposition of lockdowns in potentially affected areas led to a halt in the supply chain of portable systems, leading to decrease in sales. However, at the end of 2020, diagnostic centers and clinics resumed their operations, contributing to the market's substantial growth in 2022.
Furthermore, multiple organizations, such as the Canadian Thoracic Society, European Thoracic Society, and the American Thoracic Society issued guidelines to be followed amid the COVID-19 outbreak while resuming services. This increased the number of patients using pulmonary function testing systems and boosted the demand for these systems from various healthcare facilities.
Shift toward Portable Systems from Complete Systems to Augment Market Growth
The companies functioning in the global market are incessantly emphasizing on developments, such as launching portable systems with more parameters and promoting the adoption of these devices in independent clinics. These strategies augmented the shift from complete to portable systems, thereby spurring the overall market growth.
Aspects, such as immobile, low cost, and presence of standard parameters, such as lung volumes, diffusion capacity, and spirometry, motivated the healthcare facilities to shift toward portable pulmonary function testing systems. Moreover, many market players are developing new portable systems to diagnose various chronic respiratory disorders, which is anticipated to drive the market growth during the forecast period.
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Increasing Prevalence of Respiratory Diseases to Drive Market Growth
In recent years, respiratory ailments, such as Chronic Obstructive Pulmonary Disease (COPD), asthma, lung cancer, and occupational lung diseases, have been the leading reasons of fatality across the globe. Furthermore, there is a considerable increase in the incidence of COPD and asthma globally, especially in developing countries.
In COPD and other chronic respiratory diseases, lung capacity is an important parameter. Lung capacity refers to the air volume in lungs at different respiratory cycle phases. The pulmonary function testing system helps measure different parameters of the lungs with the help of various tests, such as spirometry and plethysmography, and diagnose COPD and other lung-related disorders.
Such a huge occurrence of chronic respiratory diseases and rising focus of companies to increase their presence in developing countries for these systems are expected to boost the market growth in the coming years.
Rising Awareness of Early Diagnosis and Advancements of Testing Systems to Propel Market Progress
Pulmonary function testing systems are non-invasive tests that analyze the functioning of the lungs. The tests measure capacity, lung volume, gas exchange, and flow rates and determine the treatment for certain lung disorders.
Pulmonary function testing systems are quite useful in identifying the early-stage abnormalities in asymptomatic patients and evaluating the damage to the lungs before any signs and symptoms develop. Due to these reasons, pulmonary function testing has become important among physicians for screening and detection of pulmonary disorders.
Furthermore, the increasing diagnosis of lung function with the help of pulmonary function tests has encouraged companies to introduce advanced testing systems in the market. The advanced products’ clearance by the U.S. FDA is expected to increase their adoption among healthcare providers, especially in independent physician clinics.
The advancement of newly launched testing devices coupled with increasing awareness of these devices among healthcare providers is expected to propel the market growth in the long run.
Risk of Cross-Contamination and Lack of Skilled Healthcare Professionals in Underdeveloped Countries to Hamper Market Growth
Pulmonary function testing represents a potential medium for the transmission of infection due to the gathering of patients with lung diseases and the increased risk of spread of these diseases through coughing and droplet formation during the pulmonary function test procedures.
These systems include mouthpieces, rebreathing valves, and tubings used in the laboratory. Mouthpieces are the most common medium of cross-infection during testing.
Exposed surface areas, quality of upholstery, general clutter, air conditioning, optimum temperature, and humidity conditions lead to cross-infections such as the risk of contracting tuberculosis.
Furthermore, the complexity of these systems, which measure various parameters while calculating the lung volume and capacity requires skilled physicians and technicians. However, there is a shortage of trained healthcare professionals in developing countries.
Such unavailability of a skilled workforce to operate PFT systems and the high risk of contamination associated with these systems are expected to hamper the market growth during the forecast period.
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Complete Systems to Dominate Market Due to their Growing Adoption in Hospitals
Based on type, the market is segmented into portable and complete.
In 2022, the complete segment held the highest pulmonary function testing system market share and was predicted to record a significant CAGR during the forecast period of 2023-2030. An increase in the number of hospitals requiring complete systems is expected to drive the segment’s growth. Moreover, the surging number of patient visits coupled with the huge occurrence of respiratory illnesses, such as asthma and COPD, are expected to increase the demand for complete systems.
The portable segment is projected to expand at the highest CAGR during the forecast timeframe. The high growth rate of this segment is due to the increase in adoption of portable systems in independent and diagnostics clinics. Moreover, increasing launches of these products for the diagnosis of asthma and COPD and rising air pollution are expected to surge their demand in the future.
Hospitals to Continue Dominance Due to Rising Patient Visits
By end-user, the market is divided into physical examination (diagnostic) centers, physician groups (clinics), hospitals, and others.
The hospitals segment held the largest market share and is likely to expand at a moderate CAGR over the forecast period. The segment’s growth is due to the surging visits of asthma and COPD patients in hospitals. Moreover, the growing adoption of complete systems for diagnosing patients in hospitals is expected to drive the segment's growth in the coming years.
The physician groups (clinics) segment is expected to grow at the highest CAGR over the forecast period. The segment’s growth is attributed to factors, such as the growing incidence of chronic respiratory diseases, rising focus of key players in the market on introducing portable systems for clinics, and an increase in the implementation of pulmonary function testing systems in clinics.
Introduction of these systems in the physician groups (clinics) coupled with the increasing number of COPD and asthma patients in clinics is expected to boost the segment’s growth during the forecast period.
North America Pulmonary Function Testing System Market Size, 2022 (USD Million)
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North America dominated the global pulmonary function testing system market with a share of 41.62% in 2022. The growth is due to the prompt implementation of portable systems and increasing usage of these devices in physician groups (clinics) in the region. Furthermore, the increasing prevalence of chronic respiratory diseases and rising hospital admissions are anticipated to propel the market growth across the region.
Europe is projected to expand at a reasonable CAGR during the forecast timeframe. The growth is due to the surging number of patients suffering from COPD and asthma and growing number of visits to independent physician clinics to diagnose these diseases. Furthermore, the improvement in healthcare infrastructure and presence of major players will surge the demand for these systems in the region.
The market in Asia Pacific is projected to record the highest CAGR over the forecast period. The market growth across the region is accredited to the growing awareness regarding the usage of pulmonary function tests and increasing emphasis on enhancing hospital infrastructure. Furthermore, the rising geographical footprint of market players in developing countries of Asia Pacific are expected to propel the market development during the forecast period.
Latin America and the Middle East & Africa markets are anticipated to expand at a lower CAGR compared to other regions during the forecast period. The growth is attributed to the rising investments in improvement of healthcare infrastructure, increasing prevalence of COPD & asthma, and growing demand for testing lung function across these regions.
Strong Product Portfolio of Companies to Strengthen their Market Position
The market is consolidated due to the presence of key companies that deal in the production of pulmonary function testing systems.
VYAIRE MEDICAL, INC. and MGC Diagnostics Corporation accounted for the largest share of the market. This is due to their strong product portfolio of PFT systems and increasing focus on approvals to introduce advanced devices in the market.
Moreover, the consistent focus of the key companies on introducing these systems in developing countries is expected to strengthen their market share during the forecast period. Furthermore, companies, such as PulmOne Advanced Medical Devices, have been aggressively focusing on expanding their product range and geographical presence worldwide.
Other companies with new product launches include ndd Medizintechnik AG, KoKo PFT, CHEST M.I., Inc., and other small & medium-sized market players. Moreover, a growing focus of companies on collaboration with healthcare providers is expected to fuel the global market growth in the coming years.
An Infographic Representation of Pulmonary Function Testing Systems Market
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The research report provides a detailed competitive landscape and market dynamics. It focuses on key aspects, such as regulatory policies regarding the prevalence of major pulmonary diseases such as COPD and asthma. Furthermore, the report provides information related to key industry developments such as mergers and acquisitions. In addition, the report includes insights related to the pulmonary function testing system market trends and the impact of COVID-19 on the market.
CAGR of 4.4% from 2023-2030
Value (USD million)
By Type, End-user, and Region
Fortune Business Insights says that the global market stood at USD 152.3 million in 2022 and is projected to reach USD 214.1 million by the end of 2030.
In 2022, market in North America was valued at USD 63.4 million.
The market is expected to expand at a CAGR of 4.4% during the forecast timeframe of 2023-2030.
The complete segment is set to lead the market by type.
The rising prevalence of chronic respiratory disorders, growing geriatric population, and rising awareness regarding technologically advanced PFT systems to test the functioning of lungs are the key factors driving the market growth.
VYAIRE MEDICAL, INC. and MGC Diagnostics Corporation are the top players in the market.
North America dominated the market in 2022.
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