The Europe Lung Monitoring Devices Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030).
The demand for lung monitoring devices is not just prevalent in developed nations. The market is expanding as a result of factors such as the rise in hospital admissions, the number of surgeries, and the increased public awareness of the benefits of lung disease early diagnosis. Additionally, the predominance of respiratory disorders is triggered by the rise in air pollution levels brought on by burning fossil fuels, car exhaust gases, and emissions from industry and agriculture.
As a result, the expansion of the market is driven by an increase in the prevalence of respiratory illnesses. In addition, manufacturers' increased research efforts to create cutting-edge lung monitoring devices are anticipated to fuel the market's expansion. Likewise, the healthcare industry is experiencing an increase in public-private funding for targeted research initiatives.
Also, the number of smokers and drinkers, as well as product innovations and development due to technological advancements all over the world is growing continuously and is anticipated to grow further over the forecast period. In the future, the market’s growth rate will be further accelerated by factors such as unhealthy individual lifestyles, rising internet penetration rates, an ageing population base, an increase in pollution levels, product development and commercialization, and rising per capita health care spending.
In England, smoking is one of the primary causes of health inequalities, with the harm focused on disadvantaged groups and communities. In 2019, around 13.9% of adults in England still smoked, approximately 6 million people. Smoking is one of the leading preventable causes of illness and premature death, responsible for around 74,600 deaths in England. In addition, one in 4 patients in a hospital bed is a smoker. The rising number of tobacco consumers will also increase the number of lung-based diseases and thereby surge the usage of lung monitoring devices for their treatments, boosting the market growth in the region.
The Germany market dominated the Europe Lung Monitoring Devices Market by Country in 2022; thereby, achieving a market value of $329 million by 2029. The UK market is exhibiting a CAGR of 4.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.5% during (2023 - 2030).
Based on Product Type, the market is segmented into Spirometers, Capnographs, Pulse Oximeters, and Others. Based on End User, the market is segmented into Hospitals, Homecare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Lung Monitoring Devices Market is Projected to reach USD 5.1 Billion by 2030, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Teleflex, Inc., Medtronic PLC, Masimo Corporation, Baxter International, Inc. (Hill-Rom Holdings, Inc.), Nihon Kohden Corporation, ICU Medical, Inc., Vyaire Medical, Inc. (Apax Partners LLP), Becton, Dickinson and Company, Koninklijke Philips N.V. and Propeller Health (ResMed, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Spirometers
- Capnographs
- Pulse Oximeters
- Others
By End User
- Hospitals
- Homecare
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Teleflex, Inc.
- Medtronic PLC
- Masimo Corporation
- Baxter International, Inc. (Hill-Rom Holdings, Inc.)
- Nihon Kohden Corporation
- ICU Medical, Inc.
- Vyaire Medical, Inc. (Apax Partners LLP)
- Becton, Dickinson and Company
- Koninklijke Philips N.V.
- Propeller Health (ResMed, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Lung Monitoring Devices Market, by Product Type
1.4.2 Europe Lung Monitoring Devices Market, by End User
1.4.3 Europe Lung Monitoring Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Approvals & Trials
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4 Porter’s Five Forces Analysis
Chapter 5. Europe Lung Monitoring Devices Market by Product Type
5.1 Europe Spirometers Market by Country
5.2 Europe Capnographs Market by Country
5.3 Europe Pulse Oximeters Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Lung Monitoring Devices Market by End User
6.1 Europe Hospitals Market by Country
6.2 Europe Homecare Market by Country
6.3 Europe Others Market by Country
Chapter 7. Europe Lung Monitoring Devices Market by Country
7.1 Germany Lung Monitoring Devices Market
7.1.1 Germany Lung Monitoring Devices Market by Product Type
7.1.2 Germany Lung Monitoring Devices Market by End User
7.2 UK Lung Monitoring Devices Market
7.2.1 UK Lung Monitoring Devices Market by Product Type
7.2.2 UK Lung Monitoring Devices Market by End User
7.3 France Lung Monitoring Devices Market
7.3.1 France Lung Monitoring Devices Market by Product Type
7.3.2 France Lung Monitoring Devices Market by End User
7.4 Russia Lung Monitoring Devices Market
7.4.1 Russia Lung Monitoring Devices Market by Product Type
7.4.2 Russia Lung Monitoring Devices Market by End User
7.5 Spain Lung Monitoring Devices Market
7.5.1 Spain Lung Monitoring Devices Market by Product Type
7.5.2 Spain Lung Monitoring Devices Market by End User
7.6 Italy Lung Monitoring Devices Market
7.6.1 Italy Lung Monitoring Devices Market by Product Type
7.6.2 Italy Lung Monitoring Devices Market by End User
7.7 Rest of Europe Lung Monitoring Devices Market
7.7.1 Rest of Europe Lung Monitoring Devices Market by Product Type
7.7.2 Rest of Europe Lung Monitoring Devices Market by End User
Chapter 8. Company Profiles
8.1 Teleflex, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Medtronic PLC
8.2.1 Company overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Masimo Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Approvals & Trials:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Baxter International, Inc. (Hill-Rom Holdings, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Nihon Kohden Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Product Category and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 ICU Medical, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Vyaire Medical, Inc. (Apax Partners LLP)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.7.3 SWOT Analysis
8.8 Becton, Dickinson and Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Approvals & Trials:
8.8.6 SWOT Analysis
8.9 Koninklijke Philips N.V.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. Propeller Health (ResMed, Inc.)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Acquisition and Mergers:
8.10.6 SWOT Analysis
TABLE 1 Europe Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 2 Europe Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Lung Monitoring Devices Market
TABLE 4 Product Launches And Product Expansions– Lung Monitoring Devices Market
TABLE 5 Acquisition and Mergers– Lung Monitoring Devices Market
TABLE 6 Approvals & Trials– Lung Monitoring Devices Market
TABLE 7 Europe Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 8 Europe Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 9 Europe Spirometers Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Spirometers Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Capnographs Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Capnographs Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Pulse Oximeters Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Pulse Oximeters Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 18 Europe Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 19 Europe Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Homecare Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Homecare Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Lung Monitoring Devices Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Lung Monitoring Devices Market by Country, 2023 - 2030, USD Million
TABLE 27 Germany Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 28 Germany Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 29 Germany Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 30 Germany Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 31 Germany Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 32 Germany Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 33 UK Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 34 UK Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 35 UK Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 36 UK Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 37 UK Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 38 UK Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 39 France Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 40 France Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 41 France Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 42 France Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 43 France Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 44 France Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 45 Russia Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 46 Russia Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 47 Russia Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 48 Russia Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 49 Russia Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 50 Russia Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 51 Spain Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 52 Spain Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 53 Spain Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 54 Spain Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 55 Spain Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 56 Spain Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 57 Italy Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 58 Italy Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 59 Italy Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 60 Italy Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 61 Italy Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 62 Italy Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 63 Rest of Europe Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 64 Rest of Europe Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 65 Rest of Europe Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 66 Rest of Europe Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 67 Rest of Europe Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 68 Rest of Europe Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 69 key Information – Teleflex, Inc.
TABLE 70 Key Information – Medtronic PLC
TABLE 71 Key Information – MASIMO CORPORATION
TABLE 72 Key Information – Baxter International, Inc.
TABLE 73 key Information – Nihon Kohden Corporation
TABLE 74 Key information – ICU Medical, Inc.
TABLE 75 Key Information – Vyaire Medical, Inc.
TABLE 76 Key information – Becton, Dickinson and Company
TABLE 77 Key Information – Koninklijke Philips N.V.
TABLE 78 Key Information – Propeller Health
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Lung Monitoring Devices Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors lung monitoring device market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Porter’s Five Forces Analysis - Lung Monitoring Devices Market
FIG 7 Europe Lung Monitoring Devices Market share by Product Type, 2022
FIG 8 Europe Lung Monitoring Devices Market share by Product Type, 2030
FIG 9 Europe Lung Monitoring Devices Market by Product Type, 2019 - 2030, USD Million
FIG 10 Europe Lung Monitoring Devices Market share by End User, 2022
FIG 11 Europe Lung Monitoring Devices Market share by End User, 2030
FIG 12 Europe Lung Monitoring Devices Market by End User, 2019 - 2030, USD Million
FIG 13 Europe Lung Monitoring Devices Market share by Country, 2022
FIG 14 Europe Lung Monitoring Devices Market share by Country, 2030
FIG 15 Europe Lung Monitoring Devices Market by Country, 2019 - 2030, USD Million
FIG 16 SWOT Analysis: Teleflex, Inc.
FIG 17 Swot analysis: Medtronic plc
FIG 18 Recent strategies and developments: Masimo Corporation
FIG 19 SWOT Analysis: Masimo Corporation
FIG 20 SWOT Analysis: Baxter International, Inc.
FIG 21 SWOT Analysis: Nihon Kohden Corporation
FIG 22 SWOT ANALYSIS: ICU Medical, Inc.
FIG 23 SWOT ANALYSIS: Vyaire Medical, Inc.
FIG 24 SWOT Analysis: Becton, Dickinson and Company
FIG 25 Recent strategies and developments: Koninklijke Philips N.V.
FIG 26 SWOT Analysis: Koninklijke Philips N.V.
FIG 27 Recent strategies and developments: Propeller Health
FIG 28 SWOT Analysis: Propeller Health