Leading Element Driving Change in the Pulmonology Devices Market in 2025: Respiratory Disease Prevalence Drives Pulmonology Devices Market Growth Driver

What Is the Estimated Market Size and Growth Rate for the Pulmonology Devices Market?
Over the past few years, there has been a notable expansion in the pulmonology devices market size. Its growth is projected to continue, escalating from $1.36 billion in 2024 to $1.51 billion in 2025, at a compound annual growth rate (CAGR) of 11.0%. The historical period's growth can be credited to numerous factors like the increasing prevalence of chronic respiratory illnesses, the growing inclination towards preventive healthcare, higher integration of pulmonology devices, a rise in the frequency of diseases requiring endoscopic ultrasound procedures, and a growing elderly population.

The market size for pulmonology devices is predicted to experience a significant increase in the coming years, reaching $2.26 billion by 2029 with a compound annual growth rate (CAGR) of 10.7%. The projected growth during the forecast period is due to the rising incidence of respiratory diseases, increased levels of air pollution, home healthcare expansion, growing awareness and early diagnosis, along with enhanced healthcare infrastructure. Key trends anticipated during the forecast period include the incorporation of artificial intelligence, the expansion of telemedicine and remote monitoring, advancements in portable and wearable technology, the application of robotic technology in less invasive diagnostic procedures, and an upsurge in home care services.

What Are the Key Drivers Behind the Growth of the Pulmonology Devices Market?
The increasing incidence of respiratory disorders is anticipated to fuel the expansion of the pulmonology devices market in the future. Respiratory diseases comprise a variety of health issues affecting breathing-related organs and tissues, including the airways, lungs and respiratory muscles. The surges in respiratory diseases are happening due to escalating air pollution, smoking, and job-related hazards. Pulmonology equipment contributes to the management of respiratory diseases by facilitating precise diagnostics, ongoing observation, and efficient treatment with implements like spirometers, inhalers, pulse oximeters, and ventilators, substantially enhancing patient results and their life quality. For example, in June 2024, the Australian Institute of Health and Welfare, a health and welfare agency based in Australia, reported that roughly 8.5 million people in Australia, or 34% of the populace, were projected to have chronic respiratory diseases. This population includes almost 2.8 million individuals, or 11% of the populace, who live with asthma, and 638,000 individuals, or 2.5% of the populace, who live with chronic obstructive pulmonary disease (COPD). Hence, the increasing prevalence of respiratory disorders is fostering the development of the pulmonology devices market.

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Who Are the Dominant Companies Influencing Pulmonology Devices Market Trends?
Major companies operating in the pulmonology devices market are Medtronic, Koninklijke Philips N.V., GE Healthcare, Baxter, Boston Scientific Corporation, Medline Industries LP., Olympus Corporation, Omron Healthcare, ResMed, Getinge, ICU Medical Inc., Fisher & Paykel Healthcare Limited, Ambu A/S, Vyaire Medical Inc., Drive DeVilbiss Healthcare, PENTAX Medical, Hamilton Medical, Nonin Medical, CAIRE Inc., Pulmonx Corporation, Verathon Inc., Draegerwerk AG & Co. KGaA, NIOX

How Is the Pulmonology Devices Market Evolving?
Leading firms in the pulmonology devices market are focusing on the development of novel products incorporated with cutting-edge technologies such as BiPAP technology. This move aims to augment patient comfort, heighten treatment efficiency, and cater to diverse respiratory conditions. BiPAP technology employs two pressure settings, one each for inhalation (IPAP) and exhalation (EPAP), which might provide an enhanced comfort level compared to continuous pressure. For example, in February 2024, ResMed, a company based in the US that offers cloud-connected gadgets, introduced the AirCurve 11, a family of advanced BiPAP devices. These devices are designed to provide greater comfort and conformity, especially for patients struggling with sleep apnea and other breathing-related disorders. The AirCurve 11 VAuto version is designed to provide varying pressure during exhalation, aligning better with the patient's natural breathing rhythm. The AirCurve 11 ASV model, an adaptive servo-ventilation (ASV) device, monitors 13 key points in each breath cycle 50 times every second, aiming to maintain patient's ventilation stability.

What Are the Different Segmentations in the Pulmonology Devices Market?
The pulmonology devices market covered in this report is segmented -

1) By Product Type: Endobronchial Ultrasound (EBUS) Needles, Pulmonary Biopsy Devices, Airway Stents, Single-Use Bronchoscopes, Other Product Types
2) By Indication: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Tracheal And Bronchial Stenosis, Foreign Body Extraction, Other Indications
3) By End-User: Pulmonology Clinics, Hospitals, Ambulatory Surgical Centers

Subsegments:
1) By Endobronchial Ultrasound (EBUS) Needles: Radial EBUS Needles, Linear EBUS Needles, Biopsy EBUS Needles, EBUS Needles With Safety Features, EBUS Needles For Peripheral Lung Lesions
2) By Pulmonary Biopsy Devices: Core Biopsy Needles, Fine Needle Aspiration (FNA) Biopsy Devices, Vacuum-Assisted Biopsy Devices, Transthoracic Biopsy Devices, Endoscopic Pulmonary Biopsy Devices
3) By Airway Stents: Self-Expanding Airway Stents, Balloon-Expandable Airway Stents, Silicone Airway Stents, Metal Airway Stents, Hybrid Airway Stents (Silicone + Metal)
4) By Single-Use Bronchoscopes: Single-Use Flexible Bronchoscopes, Single-Use Rigid Bronchoscopes, Single-Use Pediatric Bronchoscopes, Single-Use Disposable Video Bronchoscopes, Single-Use Bronchoscopes With Integrated Suction
5) By Other Product Types: Pulmonary Function Testing Devices, Nebulizers For Pulmonary Disease Treatment, Spirometers, Pulmonary Inhalation Devices, Non-Invasive Ventilation (NIV) Devices

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Which Region Is at the Forefront of the Pulmonology Devices Market?
North America was the largest region in the pulmonology devices market in 2024. The regions covered in the pulmonology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Pulmonology Devices Global Market Report?

- Market Size Analysis: Analyze the Pulmonology Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pulmonology Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pulmonology Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pulmonology Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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