Overview


According to FutureWise analysis the market for lung monitoring devices in 2023 is US$ 3.53 billion, and is expected to reach US$ 5.98 billion by 2031 at a CAGR of 6.82%.

Lung monitoring systems provide medication to manage and avoid symptoms. They also help reduce exacerbations of lung diseases such as asthma and chronic obstructive. Lung monitoring devices can contain one or more drugs, such as a corticosteroid or bronchodilator. The market for lung monitoring devices has seen a strong growth rate due to continuous innovation in the field of spirometers and sleep test devices. Peak flow meters are used to determine the rate of respiration. Peak flow meters are compact in design, making them easy to use, transport, and remotely access. This will increase demand for lung monitoring devices. It moves breathable air into the lungs to provide breathing for patients who are physically or mentally impaired. Ventilators are computerized, microprocessor-controlled devices. Ventilators are used in emergency medicine, intensive-care medicine, and home care. Sometimes, ventilators are called "respirators," which is a common term for them (especially the "Bird respiratoryator"). Modern medical terminology uses the term "respirator" instead. This mask protects wearers from harmful airborne substances. Modern positive pressure ventilators include a compressor, an oxygen supply, and a set of valves and tubes. To deliver room-air or, in most cases, a mixture of oxygen and air to the patient, the air reservoir is compressed pneumatically several times per minute. A turbine can be used to push air through the ventilator. The flow valve adjusts pressure to suit patient-specific parameters. The lungs' elasticity will allow the patient to exhale passively when there is excess pressure. This happens through the one way valve located within the patient circuit, called the patient manifold. Some ventilators may be fitted with alarm and monitoring systems to monitor patient-related parameters, such as pressure, volume, and flow, and ventilator function, such as power failure, backup batteries, oxygen tanks, or remote control. A computer-controlled turbopump is often used to replace the pneumatic system. Lung monitoring systems provide medication to manage and avoid symptoms. They also help reduce exacerbations of lung diseases such as asthma and chronic obstructive. Lung monitoring devices can contain one or more drugs, such as a corticosteroid or bronchodilator.The market for lung monitoring devices has seen a strong growth rate due to continuous innovation in the field of spirometers and sleep test devices. Peak flow meters are used to determine the rate of respiration. Peak flow meters are compact in design, making them easy to use, transport, and remotely access. This will increase demand for lung monitoring devices. Because of their many uses, including the diagnosis and treatment of lung cancer, peak flow meters are very popular in many countries. This has helped increase the market for lung monitoring devices.Because of a lack of information about the symptoms of COPD and asthma, the majority of patients with these conditions are not diagnosed or treated. This is a major factor in limiting the demand for global lung monitoring devices. The majority of COPD sufferers are unaware that the disease exists. In fact, 90 percent of COPD-related deaths occur in low-income countries.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Lung Monitoring Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Lung Monitoring Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

  • DeVilbiss Healthcare LLC
  • Koninklijke Philips N.V.
  • Vitalograph Ltd
  • ResMed Inc
  • Haag-Streit
  • Medline Industries Inc
  • Trudell Medical International
  • Teleflex inc
  • Omron Healthcare Co Ltd
  • Rossmax International Ltd
  • Vyaire medical inc
  • nSpire Health Inc

(Note: The list of the major players will be updated with the latest market scenario and trends)

By Type Of Devices

  • Spirometers
  • Pulse Oximeters
  • Peak Flow Meters
  • Sleep Test Devices
  • Gas Analyzers
  • Capnography
  • Other Types of Devices

By End-User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Centers
  • Homecare Settings

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the Lung Monitoring Devices Market By Type Of Devices, By End-User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Lung Monitoring Devices Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Type Of Devices Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Lung Monitoring Devices Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Lung Monitoring Devices Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Type Of Devices Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Type Of Devices Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Lung Monitoring Devices Market, By Type Of Devices Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Spirometers
        2. Pulse Oximeters
        3. Peak Flow Meters
        4. Sleep Test Devices
        5. Gas Analyzers
        6. Capnographs
        7. Other Types of Devices

  • 8.   Lung Monitoring Devices Market, By End-User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Clinics
        3. Ambulatory Surgical Centers
        4. Diagnostic Centers
        5. Homecare Settings

  • 9.   North America Lung Monitoring Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 10.   Latin America Lung Monitoring Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 11.   Europe Lung Monitoring Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 12.   Asia Pacific Lung Monitoring Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 13.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 14.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 15.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. DeVilbiss Healthcare LLC
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Koninklijke Philips N.V.
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Vitalograph Ltd
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. ResMed Inc
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Haag-Streit
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Medline Industries Inc
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Trudell Medical International
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Teleflex inc
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Omron Healthcare Co Ltd
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Rossmax International Ltd
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11. Vyaire medical inc
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12. nSpire Health inc
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview

  • 16.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by
                  administrations
        5. The overall economic slowdown of the developing and developed nations

  • 17.   FutureWise SME Key Takeaway Points for Client
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