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Global Spirometer Market is valued at approximately USD 583.2 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2023-2030. A spirometer is a medical device designed to measure the volume of air inspired and expired by the lungs during breathing. It plays a crucial role in assessing respiratory function and diagnosing various pulmonary conditions. Typically used in clinical settings, the spirometer captures data related to lung capacity and airflow, helping healthcare professionals evaluate lung function parameters such as vital capacity, forced expiratory volume, and peak expiratory flow. The Spirometer Market is expanding because of factors such as the rising burden of respiratory diseases, technological advancements in the field of spirometers and a growing preference for home healthcare.
The escalating prevalence of respiratory diseases, including asthma, Chronic Obstructive Pulmonary Disease (COPD), and other pulmonary conditions, is anticipated to drive a surge in the demand for spirometers. As these respiratory ailments continue to pose a growing burden on global healthcare systems, the need for effective diagnostic and monitoring tools becomes increasingly paramount. Spirometers play a pivotal role in the diagnosis, assessment, and management of respiratory disorders by providing accurate and quantifiable measurements of lung function. As indicated by a publication in the European Respiratory Journal in November 2021, the prevalence of Chronic Obstructive Pulmonary Disease (COPD) in Europe is projected to increase significantly. By the year 2050, it is estimated that approximately 49,453,852 Europeans would be affected by COPD, a rise from the 36,580,965 reported in 2020. The same source also highlights that the Netherlands is anticipated to have the highest COPD prevalence in Europe, reaching 14.6% by the year 2050. Moreover, rising government collaboration with private organizations for product development and an increasing number of initiatives for disease awareness are creating new opportunities for market growth. However, concerns regarding accuracy and calibration hamper market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Spirometer Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing prevalence of COPD, asthma, and other respiratory diseases, the rising development of precise devices in the region. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as the rising prevalence of target diseases, geographic expansion of key players, and active participation of government in the market space.
Major market player included in this report are:
- Baxter International (Hill-Rom Services, Inc)
- Jones Medical Instrument Company
- MGC Diagnostics Corporation
- Midmark Corporation
- NDD Medical Technologies
- KoKo PFT Ltd
- OHD (SCHAUENBURG International Group)
- Koninklijke Philips N.V.
- ICU Medical, Inc.
- Teleflex Incorporated
Recent Developments in the Market:
- In September 2022, RxCap, Inc. established a collaborative alliance with ZEPHYRx to seamlessly incorporate the ZEPHYRx cloud spirometry platform into RxCap's remote monitoring system. This integration empowers RxCap's enterprise clients, including healthcare providers and payers, to effectively track the lung function of individuals grappling with significant pulmonary conditions among their patient or member base.
- In Aug 2022, AstraZeneca collaborated with Alveofit, a respiratory healthcare platform, to introduce Internet of Things (IoT)-enabled handheld spirometers in hospitals nationwide. This portable spirometer is seamlessly connected to the IoT, facilitating remote patient monitoring, and enabling tele-spirometry, complemented by comprehensive care management solutions.
Global Spirometer Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Technology, Application, End-use, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
By Technology:
- Volume Measurement
- Flow Measurement
By Application:
By End-User:
- Hospitals and Clinics
- Home Healthcare
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Spirometer Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Spirometer Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Spirometer Market, by Technology, 2020-2030 (USD Million)
- 1.2.4. Spirometer Market, by Application, 2020-2030 (USD Million)
- 1.2.5. Spirometer Market, by End-User, 2020-2030 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Spirometer Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Spirometer Market Dynamics
- 3.1. Spirometer Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising burden of respiratory diseases
- 3.1.1.2. Technological advancements in the field of spirometers
- 3.1.1.3. Growing preference for home healthcare
- 3.1.2. Market Challenges
- 3.1.2.1. High concerns regarding accuracy and calibration
- 3.1.3. Market Opportunities
- 3.1.3.1. Government collaboration with private organizations for product development
- 3.1.3.2. Increasing number of initiatives for diseases awareness
Chapter 4. Global Spirometer Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Spirometer Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Spirometer Market by Type, Performance - Potential Analysis
- 5.3. Global Spirometer Market Estimates & Forecasts by Type 2020-2030 (USD Million)
- 5.4. Spirometer Market, Sub Segment Analysis
- 5.4.1. Hand-Held
- 5.4.2. Table-Top
Chapter 6. Global Spirometer Market, by Technology
- 6.1. Market Snapshot
- 6.2. Global Spirometer Market by Technology, Performance - Potential Analysis
- 6.3. Global Spirometer Market Estimates & Forecasts by Technology 2020-2030 (USD Million)
- 6.4. Spirometer Market, Sub Segment Analysis
- 6.4.1. Volume Measurement
- 6.4.2. Flow Measurement
Chapter 7. Global Spirometer Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Spirometer Market by Application, Performance - Potential Analysis
- 7.3. Global Spirometer Market Estimates & Forecasts by Application 2020-2030 (USD Million)
- 7.4. Spirometer Market, Sub Segment Analysis
- 7.4.1. Asthma
- 7.4.2. COPD
- 7.4.3. Others
Chapter 8. Global Spirometer Market, by End-User
- 8.1. Market Snapshot
- 8.2. Global Spirometer Market by End-User, Performance - Potential Analysis
- 8.3. Global Spirometer Market Estimates & Forecasts by End-User 2020-2030 (USD Million)
- 8.4. Spirometer Market, Sub Segment Analysis
- 8.4.1. Hospitals and Clinics
- 8.4.2. Home Healthcare
- 8.4.3. Others
Chapter 9. Global Spirometer Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Spirometer Market, Regional Market Snapshot
- 9.4. North America Spirometer Market
- 9.4.1. U.S. Spirometer Market
- 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Technology breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. End-User breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Spirometer Market
- 9.5. Europe Spirometer Market Snapshot
- 9.5.1. U.K. Spirometer Market
- 9.5.2. Germany Spirometer Market
- 9.5.3. France Spirometer Market
- 9.5.4. Spain Spirometer Market
- 9.5.5. Italy Spirometer Market
- 9.5.6. Rest of Europe Spirometer Market
- 9.6. Asia-Pacific Spirometer Market Snapshot
- 9.6.1. China Spirometer Market
- 9.6.2. India Spirometer Market
- 9.6.3. Japan Spirometer Market
- 9.6.4. Australia Spirometer Market
- 9.6.5. South Korea Spirometer Market
- 9.6.6. Rest of Asia Pacific Spirometer Market
- 9.7. Latin America Spirometer Market Snapshot
- 9.7.1. Brazil Spirometer Market
- 9.7.2. Mexico Spirometer Market
- 9.8. Middle East & Africa Spirometer Market
- 9.8.1. Saudi Arabia Spirometer Market
- 9.8.2. South Africa Spirometer Market
- 9.8.3. Rest of Middle East & Africa Spirometer Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Baxter International (Hill-Rom Services, Inc)
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Jones Medical Instrument Company
- 10.3.3. MGC Diagnostics Corporation
- 10.3.4. Midmark Corporation
- 10.3.5. NDD Medical Technologies
- 10.3.6. KoKo PFT Ltd
- 10.3.7. OHD (SCHAUENBURG International Group)
- 10.3.8. Koninklijke Philips N.V.
- 10.3.9. ICU Medical, Inc.
- 10.3.10. Teleflex Incorporated
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
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