In 2022, the global Nitric Oxide Asthma Testing Market was expected to be worth US$ 2.4 billion. This market is estimated to reach US$ 2.51 billion by 2023 and US$ 3.98 billion by 2033, with a CAGR of 4.7% from 2023 to 2033.
The nitric oxide asthma test is also known as the FeNO test. The FeNO test (fractional exhaled nitric oxide) measures a person’s nitric oxide levels while they are breathing. Exhaled nitric oxide levels that are high may indicate inflamed airways. A Feno Test, also known as an exhaled nitric oxide test, can be used in patients with allergic or eosinophilic asthma to determine how much pulmonary inflammation is present and whether inhaled steroids are managing this inflammation.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Nitric Oxide Asthma Testing Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Nitric Oxide Asthma Testing market.
Key Nitric Oxide Asthma Testing Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2033.
- Germany Nitric Oxide Asthma Testing market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2023 to 2033.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Nitric Oxide Asthma Testing Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Nitric Oxide Asthma Testing market. It also studies the impact of these dynamics on the market for the previous assessment period 2018 to 2022 to forecast the scope of market growth over the coming forecast period 2023 to 2033.
- Nitric Oxide Asthma Testing Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Nitric Oxide Asthma Testing market. As per the survey, Nitric Oxide Asthma Testing sales will project steady growth over the forecast period.
- Nitric Oxide Asthma Testing Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Nitric Oxide Asthma Testing market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Nitric Oxide Asthma Testing Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Nitric Oxide Asthma Testing market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Nitric Oxide Asthma Testing market.
Some of the prominent market players are profiled by FMI are:
- CVC Health
- UniScience Laboratories
- ATP Nutritionals LLC
- Berkeley Test Limited
- Circassia Pharmaceuticals
- Medisoft Group
- Robert Bosch GmbH
- Bedfont Scientific Ltd.
- ECO MEDICS AG
- Spirosure Inc
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Nitric Oxide Asthma Testing Market: Segmentation
By Product Type:
- Nitric Oxide Testing Handheld Monitor
- Nitric Oxide Testing Standalone Monitor
- Others
By End-user:
- Hospitals and Clinics
- Diagnostic centers
- Home care settings
- others
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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