Global Nitric Oxide Test Market Size By Type (Nitric Oxide Test Strips, Nitric Oxide Monitor), By Indication (Asthma, Chronic Obstructive Pulmonary Disease, Cystic Fibrosis), By End User (Hospitals And Clinics, Diagnostic Centre, Home Care Settings), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Nitric Oxide Test Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.
The Global Nitric Oxide Test Market is growing! Why? Well, healthcare spending is up and economies are improving around the world. Plus, we're seeing more older folks, a rise in asthma cases, increasing urbanization, and, unfortunately, a larger obese population – all contributing to the market's growth. More diagnostic services for chronic diseases and better respiratory devices in both emerging and developed countries are helping, too. Want the full scoop? Our report gives you a complete look at the Global Nitric Oxide Test Market, diving into key segments, trends, what's driving the market, what's holding it back, who the big players are, and other important factors influencing the market. You can find out more here.
Global Nitric Oxide Test Market Definition
Nitric Oxide, commonly known as nitrogen oxide or nitrogen monoxide, is a colourless gas with a formula NO. This is one of the principal oxides of nitrogen and is a free radical, which is it has an unpaired electron. It is a heteronuclear diatomic module that drew researchers which spawned early modern theories of chemical bonding. Nitrogen and oxygen undergo the electric sparks or high temperature, or simply through the action of dilute nitric acid upon copper and mercury to form nitric oxide.
Nitric oxide performs prime chemical signalling functions in humans and other animals and has various applications in medicine. It acts as a messenger molecule, transmitting signals to cells in the cardiovascular, nervous and immune systems. This has some industrial applications as well. Nitric oxide gas is a serious air pollutant caused by automotive engines and thermal power plants.
Global Nitric Oxide Test Market Overview
The increase in the use of nitric oxide for the diagnosis and treatment of asthma has increased the demand for the market globally. These can be used for diagnosing other diseases as well. The growing chronic obstructive pulmonary diseases, arterial hypertension and cystic fibrosis can all be treated with nitric oxides. This has created a huge demand in hospitals and clinics as well as diagnostic centres for nitric oxide across different regions.
The market's really taken off thanks to more research and development, and some pretty cool tech breakthroughs. These advancements are all about figuring out what causes respiratory diseases and how to lower the risks for patients. For example, the nitric oxide test measures the amount of nitric oxide gas in your breath. Basically, a color change on a strip shows you the results. You'll mostly find this test in developed and developing countries. However, there's a catchnot everyone knows about the nitric oxide test, and that lack of awareness could slow down the growth of the Nitric Oxide Test Market.
Global Nitric Oxide Test MarketSegmentation Analysis
The Global Nitric Oxide Test Market is Segmented on the basis of Type, Indication, End User, and Geography.
Nitric Oxide Test Market, By Type
• Nitric Oxide Test Strips• Nitric Oxide Monitor• Others
Based on Type, the market is segmented into Nitric Oxide Test Strips, Nitric Oxide Monitor, and Others. Nitric oxide test strips are the saliva test strips, that rapidly turn from white to deep pink based on the amount of a surrogate marker for nitric oxide. Nitric oxide monitor is an instrument used in various different industrial applications such as in the semiconductor industry and in the medical sector.
Based on Indication, the market is segmented into Asthma, Chronic Obstructive Pulmonary Disease, Cystic Fibrosis and Pulmonary Arterial Hypertension. The nitric oxide test is mainly used for the treatment and diagnosis of asthma, chronic obstructive pulmonary disease, cystic fibrosis and pulmonary arterial hypertension.
Nitric Oxide Test Market, By End User
• Hospitals & Clinics• Diagnostic Centre• Home Care Settings
Based on End User, the market is segmented into Hospitals & Clinics, Diagnostic Centre and Home Care Settings. The nitric oxide test is done in hospitals and clinics, diagnostic centres and home care settings. The growing chances of respiratory diseases such as asthma, the chronic obstructive pulmonary disease has increased the demand for the hospital and clinic segment. Further, the rising demand for diagnostic services for chronic diseases and the increase in the use of various equipment in-home care systems has driven the growth of the market.
Nitric Oxide Test Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Based on regional analysis, the Global Nitric Oxide Test Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is one of the largest growing regions of the Nitric Oxide Test Market owing to the rise in diagnostic services, extensive use of nitric oxide test strips and rising demand for medical instruments.
Key Players
The “Global Nitric Oxide Test Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BERKELEY TEST LIMITED, Human Power of N, Co., ATP Nutritionals LLC, Neogenis, CVS Health and Uniscience. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In January 2021, UK. Canada-based SaNOtize Research and Development has initiated the clinical trials of its nasal spray against Covid-19 at Ashford and St Peter’s Hospitals NHS Foundation Trust in Surrey, UK.
• In a recent report in October 2020, researchers have discovered that nitric oxide, a compound produced naturally in the body, could be a possible cure for Covid-19 patients. The study further claims that inhaling nitric oxide gas can not only improve the medical condition of the patients but also contain the spread of the virus.
Merger & Acquisitions
• In 2020, Spirosure Inc was acquired by Caire Inc, a medical device maker. Spirosure’s technology will be integrated into the company’s market-leading oxygen solution range. This acquisition should aid the corporation in growing its business and increasing its revenue share.
Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2017-2029
Base Year
2020
Forecast Period
2021-2028
Historical Period
2017-2019
Key Companies Profiled
BERKELEY TEST LIMITED, Human Power of N, Co., ATP Nutritionals LLC, Neogenis, CVS Health, Uniscience.
Segments Covered
By Type, By Indication, By End User, And By Geography.
Customization Scope
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
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