Respiratory diagnostics of various technologies has made rapid advances over the past few years. The rising population suffering respiration complications is a notable trend boosting the market. Growing awareness about respiratory health among children has propelled the demand for respiratory diagnostics.
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Rising pollution levels in numerous countries in recent years has escalated the concerns of people toward respiratory diseases. Rapidly aging populations in developing countries and increasing concerns toward lifestyle diseases are factors contributing to the prevalence of these diseases. Growing risk of chronic obstructive pulmonary disease and lung cancer among smokers world over has upped the demand for respiratory diagnostics, especially in young adults and in developing regions. The global respiratory market is expected to tread on a path of attractive trajectories based on these factors.
Respiratory Diagnostic Tools Hold Promising Potential in Neuromuscular Diseases
In recent years, the demand for respiratory diagnostic tools in pediatrics and preschoolers is a notable factor opening a new avenue in the market. The diagnostic tools hold great potential in identifying the risk of neuromuscular diseases (NMD). Some of the key tests that demonstrate this potential are lung function testing, peak cough flow, oximetry, polysomnography, and capnography. This has propelled the need for a thorough clinical evaluation of respiratory health in children with NMD. The advent of respiratory diagnostics that help in thorough clinical examination of tools is boosting the market. These tools not only help in diagnosis but also help in monitoring disease progression. Rising number of respiratory evaluations in such population cohorts is likely to augment the prospects of the global market.
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On the regional front, the demand for respiratory diagnostics in Asia Pacific is expected to rise at potentially attractive pace. The growth in the regional market is driven by the rapidly rising geriatric populations in its key economies and the rising awareness about the risks of respiratory diseases in children and young adults.