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China FeNO Testing Market – Industry Trends and Forecast to 2030

  • Healthcare
  • Upcoming Report
  • Nov 2022
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

China FeNO Testing Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - 13.900000000000002% Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 23499.05 Million
Diagram Market Size (Forecast Year) USD 66564.09 Million
Diagram CAGR 13.900000000000002%

China FeNO Testing Market, By Type (Nitric Oxide Handheld Monitor, Nitric Oxide Standalone Monitor and Others), Indication (Eosinophilic Airway Inflammation, Atopic Asthma, Chronic Respiratory Symptoms, COPD with Mixed Inflammatory Phenotype, Eosinophilic Bronchitis, Pulmonary Arterial Hypertension, Corticosteroid Responsiveness, Cystic Fibrosis, Others), End User (Hospitals, Diagnostic Centers, Clinics, Ambulatory Surgical Centers, Homecare Setting, Others), Distribution Channel (Direct Tender, Retail Sales, Online Sales) – Industry Trends and Forecast to 2030.

 China FeNO Testing Market Analysis and Size

Asthma is one of China's most common respiratory diseases, affecting millions of people. FeNo testing aids in the treatment and diagnosis of asthma diseases. Furthermore, asthma is one of the most common chronic airway diseases in both children and adults in China. The Chinese government is working to raise public awareness about asthma disease control and improve diagnostic procedures, which will provide opportunities in the FeNo testing market.

Data Bridge Market Research analyses that the FeNO testing market, which was USD 23,499.05 million in 2022, is expected to reach USD 66,564.09 million by 2030, at a CAGR of 13.9% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

China FeNO Testing Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Nitric Oxide Handheld Monitor, Nitric Oxide Standalone Monitor and Others), Indication (Eosinophilic Airway Inflammation, Atopic Asthma, Chronic Respiratory Symptoms, COPD with Mixed Inflammatory Phenotype, Eosinophilic Bronchitis, Pulmonary Arterial Hypertension, Corticosteroid Responsiveness, Cystic Fibrosis, Others), End User (Hospitals, Diagnostic Centers, Clinics, Ambulatory Surgical Centers, Homecare Setting, Others), Distribution Channel (Direct Tender, Retail Sales, Online Sales)

Market Players Covered

Bedfont Scientific Ltd. (U.K.), Spirosure, Inc (U.S.), Medisoft Limited (Belgium), Bosch Healthcare Solutions GmbH (A Subsidiary of Robert Bosch GmbH) (Germany), Sunvou (China), RuiBreath (China), Circassia (U.K.), ECO MEDICS AG (Switzerland)

Market Opportunities

  • Strategic business expansion activities
  • Increase revenue share and product portfolio by launching innovative products

Market Definition

A FeNO test or exhaled nitric oxide test can be used to determine how much lung inflammation is present and how well inhaled steroids are suppressing this inflammation in patients with allergic or eosinophilic asthma. FeNO testing is a quantitative, non-invasive, simple, and safe test that can be performed in primary care by a properly trained health care professional who is competent to deliver and interpret the results. The advantages of FeNO testing in primary care are patients are not required to be referred to a secondary care facility for additional testing and when combined with respiratory symptoms and lung function tests that are suggestive of asthma, a positive FeNO test supports a diagnosis.

China FeNO Testing Market Dynamics

Drivers

  • New technological advancements in FeNo testing process

FeNo testing includes features in the technology of FeNo testing products such as nitric oxide handheld monitor and nitric oxide standalone monitor, which will impact the launch of new products by manufacturers into the market, thereby increasing market demand. Asthma is one of China's most common respiratory diseases, affecting millions of people. FeNo testing aids in the treatment and diagnosis of asthma diseases. Furthermore, asthma is one of the most common chronic airway diseases in both children and adults in China.

Opportunities

  • Strategic business expansion activities

Strategic business expansion activities by major players to increase revenue share and product portfolio by launching innovative products are positively impacting the growth of the FeNO testing market. Caire Inc, a medical device manufacturer, acquired Spirosure Inc in 2020. The acquisition will allow Spirosure's technology to be applied to the company's market-leading oxygen solution portfolio. This acquisition is expected to help the company improve its operations and increase its revenue share.

Restraints/Challenges

  • High cost of the device

High device costs and stringent government regulations governing product approval are expected to hamper the growth of the FeNO testing market. Furthermore, the lack of developed infrastructure in developing countries is expected to impede the adoption of advanced devices, limiting the target market's growth.

This FeNO testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the FeNO testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent developments

  • In August 2019, Bosch Healthcare Solutions GmbH (A Subsidiary of Robert Bosch GmbH) announced the launch of a new product for measuring fractional nitric oxide concentrations. This analyses the gas exhaled at home, which can aid in disease prevention.
  • In 2020, Caire Inc, a medical device manufacturer, acquired Spirosure Inc. The acquisition will allow Spirosure's technology to be applied to the company's market-leading oxygen solution portfolio. This acquisition is expected to help the company improve its operations and increase its revenue share.

China FeNO Testing Market Scope

The FeNO testing market is segmented on the basis of type, indication, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Nitric Oxide Handheld Monitor
  • Nitric Oxide Standalone Monitor
  • Others

 Indication

  • Eosinophilic Airway Inflammation
  • Atopic Asthma
  • Chronic Respiratory Symptoms
  • COPD with Mixed Inflammatory Phenotype
  • Eosinophilic Bronchitis
  • Pulmonary Arterial Hypertension
  • Corticosteroid Responsiveness
  • Cystic Fibrosis
  • Others

 End User

Distribution Channel

  • Direct Tender
  • Retail Sales
  • Online Sales

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The FeNO testing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for FeNO testing market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the FeNO testing market. The data is available for historic period 2011-2021.

Competitive Landscape and FeNO Testing Market Share Analysis

The FeNO testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to FeNO testing market.

Some of the major players operating in the FeNO testing market are:

  • Bedfont Scientific Ltd. (U.K.)
  • Spirosure, Inc (U.S.)
  • Medisoft Limited (Belgium)
  • Bosch Healthcare Solutions GmbH (A Subsidiary of Robert Bosch GmbH) (Germany)
  • Sunvou (China)
  • RuiBreath (China)
  • Circassia (U.K.)
  • ECO MEDICS AG (Switzerland)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The China FeNO Testing Market value was USD 23,499.05 million in 2022.
The China FeNO Testing Market is projected to grow at a CAGR of 13.9% during the forecast period of 2023-2030.
The China FeNO Testing Market is segmented by Type, Indication, End User, and Distribution Channel
The top players in the China FeNO Testing Market are Bedfont Scientific Ltd. (U.K.), Spirosure, Inc (U.S.), Medisoft Limited (Belgium), Bosch Healthcare Solutions GmbH (A Subsidiary of Robert Bosch GmbH) (Germany), Sunvou (China), RuiBreath (China), Circassia (U.K.), ECO MEDICS AG (Switzerland)
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