Dublin, Feb. 14, 2023 (GLOBE NEWSWIRE) -- The "Respiratory Diagnostics: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Respiratory Diagnostics estimated at US$6.9 Billion in the year 2022, is projected to reach a revised size of US$9.8 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.
Instruments & Devices, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$5.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Kits & Reagents segment is readjusted to a revised 4.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 7.5% CAGR
The Respiratory Diagnostics market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 7.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2030.
Select Competitors (Total 43 Featured) -
- Abbott Laboratories
- Alere, Inc.
- Becton, Dickinson and Company
- bioMerieux SA
- Bio-Rad Laboratories, Inc.
- Cosmed Srl
- Philips Healthcare
- SDI Diagnostics
- Seegene, Inc.
- Thermo Fisher Scientific, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 174 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $6.9 Billion |
| Forecasted Market Value (USD) by 2030 | $9.8 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Respiratory Diagnostics: Overview & Outlook
- Respiratory Diagnostics - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Mounting Burden of Respiratory Diseases: Major Driver
- Pulmonary Function Test: Major Category
- Imaging Tests Gain Traction
- CT Screening for Improved Pulmonary Pathology
- Bronchoscopy & Laryngoscopy for Evaluating the Airway Directly
- Rising Cost of Medical Treatment Deters Growth
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/e7et2x
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