Market Analysis :Pulmonology 2023


The interventional pulmonology market size was valued at US$ 3 Bn in 2020 and is expected to reach US$ 8 billion by 2030, expanding growth at a CAGR of 9.1% from 2021 to 2030.Respiratory Care Devices Market was valued at USD 19.76 Billion in 2019 and is projected to reach USD 39.22 Billion by 2027, growing at a CAGR of 9.65% from 2020 to 2027.Pulmonary Drug Delivery Systems Market size was valued at USD 43.4 Billion in 2020 and is projected to reach USD 62.9 Billion by 2028, growing at a CAGR of 4.8% from 2021 to 2028.Pulmonary drug delivery systems deliver drugs to the lung for the treatment of diseases of the respiratory tract. The Global Respiratory Care Devices market is expected to grow at a rate of 9.65% because of increasing requirements of respiratory health care. The main reason is the increment in the consumption of tobacco and cigarettes and other major lifestyle changes combined with increase in geriatric population.