Global Pulmonary Function Testing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Complete PFT Systems and Portable PFT Systems

By Test Type;

Spirometry , Lung Volume, Gas Exchange Testing, Maximal Voluntary Ventilation, Oxygen Titration Test, and High Altitude Simulation Testing

By Component;

Software, Hardware, and Services

By Application;

Chronic Obstructive Pulmonary Disease, Asthma, Chronic Shortness Of Breath, and Restrictive Lung Disease

By End User;

Hospital/Clinical Laboratories and Diagnostics Laboratories

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn139691585 Published Date: May, 2025 Updated Date: June, 2025

Pulmonary Function Testing Market Overview

Pulmonary Function Testing Market (USD Million)

Pulmonary Function Testing Market was valued at USD 594.87 million in the year 2024. The size of this market is expected to increase to USD 923.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.


Global Pulmonary Function Testing Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.5 %
Market Size (2024)USD 594.87 Million
Market Size (2031)USD 923.13 Million
Market ConcentrationMedium
Report Pages358
594.87
2024
923.13
2031

Major Players

  • COSMED Srl
  • Vyaire Medical, Inc
  • Medical Equipment Europe GmbH
  • Medical Electronic Construction
  • ECO MEDICS AG
  • CHEST M.I., Inc
  • MGC Diagnostic Corporation
  • Medical Technologies.
  • Schiller AG
  • Hocoma
  • NSPIRE HEALTH INC.
  • ndd Medizintechnik AG
  • Morgan Scientific Inc.
  • Ganshorn Medizin Electronic
  • Minato Holdings Inc.
  • Koninklijke Philips N.V.
  • Omron Healthcare, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Pulmonary Function Testing Market

Fragmented - Highly competitive market without dominant players


The Pulmonary Function Testing (PFT) Market is witnessing substantial growth, primarily driven by the rising incidence of respiratory disorders. Chronic conditions like chronic obstructive pulmonary disease (COPD) and asthma account for nearly 60% of the overall demand for PFT systems. This surge is linked to escalating pollution levels and smoking rates, which collectively heighten the global respiratory disease burden.

Technological Innovations in Diagnostic Systems
Advancements in diagnostic technology are transforming pulmonary function testing. Modern PFT systems now deliver results 30% faster and with greater accuracy compared to traditional methods, supporting early disease detection and personalized treatment plans. This technological progress is crucial for enhancing patient outcomes and improving clinical decision-making.

Enhanced Patient Experience and Compliance
Modern PFT systems are increasingly designed for patient comfort and ease of use, resulting in higher compliance rates. Approximately 50% of these systems now feature user-friendly interfaces and automated data processing, reducing assessment time and improving the overall patient experience.

Growing Adoption in Homecare Settings
The adoption of portable PFT devices in homecare settings is expanding, representing nearly 25% of the market. This trend is driven by the need for continuous patient monitoring and personalized care, enhancing long-term health outcomes and supporting better disease management.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Test Type
    3. Market Snapshot, By Component
    4. Market Snapshot, By Application
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Pulmonary Function Testing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Respiratory Diseases

        2. Growing Emphasis on Preventive Healthcare

        3. Rising Awareness of Lung Health

      2. Restraints
        1. High Cost of Advanced Testing Equipment

        2. Lack of Trained Professionals in Some Regions

        3. Limitations of Traditional Testing Methods

      3. Opportunities
        1. Development of Portable and User-Friendly Devices

        2. Growing Public Health Initiatives Promoting Lung Health

        3. Expansion in Emerging Markets

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Pulmonary Function Testing Market, By Type, 2021 - 2031 (USD Million)
      1. Complete PFT Systems
      2. Portable PFT Systems
    2. Pulmonary Function Testing Market, By Test Type, 2021 - 2031 (USD Million)
      1. Spirometry
      2. Lung Volume
      3. Gas Exchange Testing
      4. Maximal Voluntary Ventilation
      5. Oxygen Titration Test
      6. High Altitude Simulation Testing
    3. Pulmonary Function Testing Market, By Component, 2021 - 2031 (USD Million)
      1. Software
      2. Hardware
      3. Services
    4. Pulmonary Function Testing Market, By Application, 2021- 2031(USD Million)
      1. Chronic Obstructive Pulmonary Disease
      2. Asthma
      3. Chronic Shortness Of Breath
      4. and Restrictive Lung Disease
    5. Pulmonary Function Testing Market, By End User, 2021 - 2031(USD Million)
      1. Hospital/Clinical Laboratories
      2. Diagnostics Laboratories
    6. Pulmonary Function Testing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. COSMED Srl
      2. Vyaire Medical, Inc
      3. Medical Equipment Europe GmbH
      4. Medical Electronic Construction
      5. ECO MEDICS AG
      6. CHEST M.I., Inc
      7. MGC Diagnostic Corporation
      8. Medical Technologies.
      9. Schiller AG
      10. Hocoma
      11. NSPIRE HEALTH INC.
      12. ndd Medizintechnik AG
      13. Morgan Scientific Inc.
      14. Ganshorn Medizin Electronic
      15. Minato Holdings Inc.
      16. Koninklijke Philips N.V.
      17. Omron Healthcare, Inc.
  7. Analyst Views
  8. Future Outlook of the Market