Global Pulmonology Devices Market Set for Remarkable Growth, Projected to Reach USD 3.8 Billion by 2033

United Kingdom is expected to grow at a CAGR of 8.7% over the upcoming decades.

NEWARK, DE, UNITED STATES, February 17, 2025 /EINPresswire.com/ -- The global pulmonology devices market is poised for unprecedented expansion, with key factors such as an aging population and the rising prevalence of respiratory illnesses driving this growth. According to recent market projections, the pulmonology devices sector is expected to reach USD 1.4 billion by the end of 2023 and is forecasted to surge to USD 3.8 billion by 2033, reflecting a strong Compound Annual Growth Rate (CAGR) of 10.3% over the next decade.

This rapid growth highlights the increasing demand for advanced technologies and innovative solutions to address the rising burden of respiratory diseases, particularly among the aging global population. As chronic respiratory conditions and acute illnesses continue to escalate, the need for state-of-the-art pulmonology devices is becoming more urgent than ever. These devices are essential for the accurate diagnosis, effective management, and treatment of a wide range of respiratory ailments, ultimately improving patient outcomes and enhancing quality of life.

𝐒𝐭𝐚𝐲 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐨𝐧 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐡𝐚𝐧𝐠𝐞𝐬: 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭! https://www.futuremarketinsights.com/report-sample#5245502d47422d3133303336

Industry leaders are keenly aware of this growing demand and are focusing on the development of next-generation pulmonology devices to meet the challenges posed by rising healthcare needs. Technological innovations, coupled with significant investment in research and development, are expected to fuel continued growth in the market. Collaboration between medical device manufacturers, healthcare providers, and policymakers will be critical in fostering the innovation needed to provide efficient and effective solutions for respiratory care.

The future of the global pulmonology devices market looks bright, with a strong commitment to advancing respiratory care technologies to meet the evolving needs of patients around the world. As the market evolves, the commitment to improving patient health and well-being will continue to drive growth, ensuring a healthier tomorrow for millions of individuals worldwide.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐏𝐮𝐥𝐦𝐨𝐧𝐨𝐥𝐨𝐠𝐲 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

• In 2023, the global market is expected to be worth USD 1.4 billion.

• Over the next few decades, the Indian market is anticipated to grow at a CAGR of 10.9%.

• In 2022, North America had a revenue share of more than 32%.

• Over the next few decades, the market in the United Kingdom is expected to grow at an 8.7% CAGR.

• In 2022, the segment lung cancer held a market share of 30.82%.

”As a result of the increasing prevalence of pulmonary disease, there is a greater need for cutting-edge methods for precise diagnosis and treatment. Some of the most prevalent drivers of respiratory conditions are inhaling nicotine, air pollution, and industrial and chemical pollutants, which reduce air quality and raise the geriatric population.” says FMI analyst.

𝐒𝐨𝐚𝐫𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: 𝐔𝐧𝐜𝐨𝐯𝐞𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐎𝐮𝐫 𝐑𝐞𝐩𝐨𝐫𝐭! https://www.futuremarketinsights.com/reports/pulmonology-devices-market

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐏𝐮𝐥𝐦𝐨𝐧𝐨𝐥𝐨𝐠𝐲 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Some of the market's strongest competitors are making investments in studies and research (R&D) in order to facilitate the provision of an extensive selection of leather manufactured in a variety of colors and substances for a variety of applications. Companies hope to keep up with the changing environment by doing so. For instance,

• Noah Medical, a California-based medical robotics startup, declared on Wednesday that it has raised $150 million in additional financing for April 2023. Softbank Vision the fund and Prosperity7 Ventures co-led the funding initiative. The shareholders in the round included Hillhouse Capital, Sequoia Capital China, and UpHonest Capital.

• FUJIFILM India revealed a collaboration with the Department of Pulmonary Medicine, Thoracic Oncology Disease Management Group, Tata Memorial Centre (TMC), Mumbai, in April 2023. The collaboration intends to build an educational center at TMC.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐈𝐧 𝐓𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐫𝐞

• Boston Scientific Corporation
• CONMED Corporation
• Olympus Corporation
• Cook Medical Incorporated
• Medi-Globe GmbH
• Ambu A/S
• Verathon, Inc
• United Medical Surgical Services Ltd
• Hunan Vathin
• Micro-Tech (Nanjing) Co., Ltd
• Merit Medical Systems

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐎𝐮𝐫 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭! https://www.futuremarketinsights.com/industry-analysis/therapeutic-device

𝐏𝐮𝐥𝐦𝐨𝐧𝐨𝐥𝐨𝐠𝐲 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐛𝐲 𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐲

𝐏𝐫𝐨𝐝𝐮𝐜𝐭:

• Pulmonary Biopsy Devices

o Single- Use Biopsy Forceps
o Cytology Brushes
o Microbiology Brushes

• Endobronchial Ultrasound (EBUS) Needles

o Endobronchial Ultrasound Fine Biopsy Needles
o Endobronchial Ultrasound Transbronchial Aspiration Needles

• Airway Stents

o Silicon Stents
o Nitinol Stents
o Stainless Steel Stents

• Airway Extraction Baskets
• Single-Use Bronchoscopes

𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

• Lung Cancer
• COPD
• Foreign Body Extraction
• Tracheal and Bronchial Stenosis
• Others

𝐄𝐧𝐝 𝐔𝐬𝐞𝐫:

• Hospitals
• Pulmonology Clinics
• Ambulatory Surgical Centers

𝐑𝐞𝐠𝐢𝐨𝐧:

• North America
• Latin America
• Europe
• Asia Pacific

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐌𝐈’𝐬 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐎𝐧𝐠𝐨𝐢𝐧𝐠 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧-𝐬𝐢𝐠𝐡𝐭𝐬 𝐃𝐨𝐦𝐚𝐢𝐧:

𝗥𝗲𝘀𝗽𝗶𝗿𝗮𝘁𝗼𝗿𝘆 𝗗𝗲𝘃𝗶𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 – 𝗚𝗿𝗼𝘄𝘁𝗵 & 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟰: https://www.futuremarketinsights.com/reports/respiratory-devices-market

𝗣𝘂𝗹𝗺𝗼𝗻𝗮𝗿𝘆 𝗔𝗿𝘁𝗲𝗿𝗶𝗮𝗹 𝗛𝘆𝗽𝗲𝗿𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗧𝗿𝗲𝗮𝘁𝗺𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 – 𝗚𝗿𝗼𝘄𝘁𝗵 & 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟯𝟯: https://www.futuremarketinsights.com/reports/pulmonary-arterial-hypertension-treatment-market

𝗟𝘂𝗻𝗴 𝗗𝗶𝘀𝗲𝗮𝘀𝗲 𝗧𝗵𝗲𝗿𝗮𝗽𝗲𝘂𝘁𝗶𝗰𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 – 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗚𝗿𝗼𝘄𝘁𝗵 & 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟯𝟯: https://www.futuremarketinsights.com/reports/chronic-lung-diseases-treatment-market

𝗣𝗵𝘆𝘀𝗶𝗼𝘁𝗵𝗲𝗿𝗮𝗽𝘆 𝗘𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 – 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 & 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝟮𝟬𝟮𝟯 𝘁𝗼 𝟮𝟬𝟯𝟯: https://www.futuremarketinsights.com/reports/physiotherapy-equipment-market

𝗙𝘂𝗻𝗴𝗮𝗹 𝗧𝗲𝘀𝘁𝗶𝗻𝗴 𝗞𝗶𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 – 𝗦𝗶𝘇𝗲, 𝗧𝗿𝗲𝗻𝗱𝘀 & 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟯 𝘁𝗼 𝟮𝟬𝟯𝟯: https://www.futuremarketinsights.com/reports/fungal-testing-kits-market

𝐀𝐛𝐨𝐮𝐭 𝐅𝐮𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 (𝐅𝐌𝐈)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Ankush Nikam
Future Market Insights, Inc.
+91 90966 84197
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube