Europe Pulmonology Device Market was valued at USD 5.0 Billion in 2022 and is projected to reach USD 7.8 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The European pulmonology device market is experiencing significant growth, driven by technological advancements and an increasing prevalence of respiratory diseases. This market encompasses a wide range of devices, including therapeutic and diagnostic tools, catering to diverse industrial requirements.
Market Overview
In 2023, the European respiratory devices market was valued at approximately USD 5.59 billion, with projections indicating a rise to USD 8.79 billion by 2028, reflecting a compound annual growth rate (CAGR) of 9.47%. This growth is primarily attributed to the rising incidence of respiratory conditions such as asthma, chronic obstructive pulmonary disease (COPD), and pneumonia. Contributing factors include an aging population, increased smoking rates, and heightened exposure to environmental pollutants. citeturn0search3
Types of Pulmonology Devices
Therapeutic Devices: These include ventilators, nebulizers, and humidifiers, designed to manage and treat respiratory conditions. Notably, humidifiers accounted for approximately 65-67% of the market revenue in 2022, owing to their widespread use in medical settings to prevent bacterial and fungal growth in circulated air. citeturn0search0
Diagnostic and Monitoring Devices: Spirometers, capnographs, and pulse oximeters fall into this category, essential for diagnosing and monitoring respiratory diseases. The demand for these devices is increasing due to heightened public awareness about early detection and management of lung diseases. citeturn0search2
Interventional Pulmonology Devices: Bronchoscopes, electromagnetic navigation bronchoscopy systems, and bronchial thermoplasty systems are included here. These devices are crucial for minimally invasive procedures, offering accurate diagnoses and treatment options for lung diseases. The interventional pulmonology market is projected to grow at a CAGR of 6.5% from 2023 to 2029. citeturn0search1
Industrial Requirements and Trends
Industries within the European pulmonology sector are increasingly seeking devices that offer precision, efficiency, and patient comfort. There's a growing demand for minimally invasive tools that reduce recovery times and healthcare costs. Additionally, the integration of advanced technologies, such as robotic bronchoscopy platforms and HEPA filtration systems, is a key trend. HEPA filters, mandated by health authorities for therapeutic equipment, are essential for capturing airborne pathogens, thereby enhancing patient safety. citeturn0search0
Moreover, the rising prevalence of COPD, exacerbated by factors like smoking and environmental pollution, is prompting healthcare providers to invest in advanced diagnostic and therapeutic devices. The European market is witnessing a shift towards homecare solutions, with devices like portable spirometers and oxygen concentrators gaining popularity due to their convenience and effectiveness in managing chronic respiratory conditions outside hospital settings. citeturn0search2
The convergence of these factors underscores the dynamic nature of the European pulmonology device market, highlighting the need for continuous innovation and adaptation to meet evolving industrial and patient needs.
Get an In-Depth Research Analysis of the Europe Pulmonology Device Market Size And Forecast [2025-2032]
Boston Scientific Corporation
CONMED Corporation
Olympus Corporation
Cook Medical Incorporated
Medi-Globe GmbH
Ambu A/S
Verathon
United Medical Surgical Services Ltd
Hunan Vathin
Micro-Tech (Nanjing) Co.
Ltd
Merit Medical Systems
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Pulmonology Device Market
Diagnostic Devices
Therapeutic Devices
Monitoring Devices
Hospitals
Home Care Settings
Academic Research Institutes
Outpatient Clinics
Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Sleep Apnea
Interstitial Lung Diseases
Direct Sales
Distributors and Retailers
Online Sales
Healthcare Professionals
Digital Devices
Traditional Devices
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Pulmonology Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Pulmonology Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Pulmonology Device Market, By Type
6. Europe Pulmonology Device Market, By Application
7. Europe Pulmonology Device Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Pulmonology Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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