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Whats driving the Pulmonary Function Testing Systems Market Trends? BD, COSMED, Schiller, CHEST
Pulmonary Function Testing Systems Market
Top competitors of Pulmonary Function Testing Systems Market BD, COSMED, Schiller, CHEST
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The Players Profiled in the Report:
BD, COSMED, Schiller, CHEST
Global Pulmonary Function Testing Systems Market is valued at USD 344.7 Million in 2018 and expected to reach USD 466.0 Million by 2025 with the CAGR of 4.40% over the forecast period. Increasing prevalence of respiratory diseases, growth in the elderly population and the rising prevalence of lung cancer are the major drivers propelling market growth.
Regional Analysis- North America is expected to account for the largest share of the pulmonary function testing systems market during the forecast period. This is attributed to the rising technological advancements in diagnostics, coupled with the increasing prevalence of respiratory diseases and other pulmonary disorders.
The European market for pulmonary function testing system is expected to be the second largest during the forecast period owing to the increasing prevalence of lung diseases such as asthma, COPD, and increasing demand for lung function tests in this region. According to European Respiratory Journal, in Europe, almost 10 billion people
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