Type (Spirometers, Nebulizers)
The nebulizers segment is estimated to gain the largest market share of 60% in the year 2037. Technological advancements in nebulizer design and functionality are driving the demand for these devices. The development of portable and compact nebulizers allows patients to receive treatments conveniently at home or on-the-go. Smart nebulizers equipped with connectivity features enable real-time monitoring and data sharing between patients and healthcare providers. The industry of smart inhalers and nebulizers is projected to grow by 26% by the year 2025.
End User (Hospitals, Home Care, Diagnostic Laboratories)
The hospitals segment is expected to garner a significant share in the year 2037. Hospitals play a vital role in critical care and disease management for patients with severe respiratory conditions. Lung assessment devices are instrumental in monitoring patients in intensive care units (ICUs) and guiding interventions for optimal ventilation and oxygenation. Timely and accurate assessment is crucial for improving patient outcomes. A study found that proper lung assessment and management in critically ill patients significantly impact mortality rates and overall patient care.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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