The Pulmonology Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Pulmonology Devices Market?
The market size for pulmonology devices has experienced considerable growth recently. There is an expectation for an increase from $1.36 billion in 2024 to $1.51 billion in 2025. The compound annual growth rate (CAGR) during this period is expected to be 11.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Pulmonology Devices Industry?
The Pulmonology Devices market is predicted to reach a market size of $2.26 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.7%.
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What are the Key Growth Drivers Fueling the Pulmonology Devices Market?
The drivers in the pulmonology devices market are:
• Rising incidence of chronic respiratory diseases
• Growing shift towards preventive healthcare
• Increase in adoption of pulmonology devices
• Surge in incidence of diseases requiring endoscopic ultrasound procedures and increase in geriatric population.
Global Market Segmentation: Identifying Major Pulmonology Devices Industry Segments
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
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What are the emerging Trends Shaping the Future of the Pulmonology Devices Market?
The trends in the pulmonology devices market are:
• The integration of artificial intelligence is emerging as a significant trend in the pulmonology devices market.
• The growth of telemedicine and remote monitoring is shaping the future of the market.
• Advancements in portable and wearable devices are becoming increasingly popular.
• The use of robotic technology in less-invasive diagnostic procedures and an increase in home care services are major trends influencing the market.
Who Are the Top Competitors & Leading Players in the Pulmonology Devices Market?
The major players in the pulmonology devices market are:
• Medtronic
• Koninklijke Philips N
Regional Dominance: Which Area Leads the Global Pulmonology Devices Market Overview 2025: Size, Share & Growth Analysis Market?
North America was the largest region in the pulmonology devices market in 2024
