Spirometer Market Projected to Garner Significant Revenues by 2028
Spirometers are medical equipment designed to determine the air capacity of the lungs by determining the volume of air exhaled and inhaled by them. Spirometer generates a pneumotachograph, which helps determine the performance of the lungs to monitor and diagnose patients with respiratory-related problems. Spirometers are commonly used for the diagnosis of chronic obstructive diseases, asthma, tuberculosis, silicosis, cystic fibrosis, black lung, and other respiratory diseases. Thus, spirometers are used by research & development facilities, physicians, as well as patients for personal use.
The spirometers market is divided into two categories: flow measurement devices and volume measurement instruments. The volume measurement instruments include dry spirometers and wet spirometers. Flow measurement instruments include mass flow meters and pneumatic tachograph systems.
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Rapid increase in the incidence of chronic obtrusive pulmonary diseases fueling spirometer market growth
There has been a rapid increase in diseases such as Chronic Obtrusive Pulmonary Diseases (COPD), due to, growth in the levels of air pollution. COPD is one of the most common lung diseases in the world. These are some of the primary factors contributing to the growth of the spirometer market, which is expected to grow at a high CAGR during the forecast period.
Manufacturers are focusing on improvements and developments in spirometers with innovative designs and features to simplify lung volume testing processes for patients as well as medical professionals. In addition, the introduction of portable and compact spirometers is a significant improvement introduced by manufacturers. Furthermore, manufacturers are adopting advanced packaging procedures to prevent spirometers from contracting bacterial infections. There is an increasing demand for portable, compact, and advanced spirometers. These are some of the key factors that are estimated to drive spirometer market during the forecast period.
Spirometer Market: Segmentation
The global spirometer market has been segmented on the basis of product type, modularity type, application type, end use, and region.
The segmentation on the basis of equipment type:
Some of the prominent players in the global spirometer market are Vyaire Medical (US), Hill-Rom (US), Fukuda Sangyo (Japan), Sibelmed (Spain), Schiller AG (Switzerland), Medical International Research, Medset Medizintechnik GmbH (Germany), Progetti srl, Chest MI (Japan), MGC Diagnostics (US), Cosmed srl (Italy), and Medical International Research (Italy).
Spirometer Market: Regional Overview
On the basis of geography, regions with significantly large economies, such as North America, are expected to capture a sizeable share in the spirometer market value during forecast period. The North America spirometer market is likely to witness growth owing to growth in the geriatric population of the region. In addition, increase in the incidence of respiratory diseases and improved healthcare infrastructure in this region is significantly contributing to the growth of the spirometer market.
Spirometer market in Asia Pacific excluding Japan is estimated to witness high growth owing to an increase in the incidence of COPD and increasing awareness regarding the availability of numerous respiratory care monitoring and therapeutic instruments in the region. Moreover, increasing healthcare expenditure is one of the prime factors that is boosting the spirometer market in the Asia Pacific Excluding Japan region during the forecast period. Europe and the Middle East & Africa is projected to witness moderate growth in the spirometer market due to an increase in the generic population and increase in the number of COPD patients in the region.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
The spirometers market is divided into two categories: flow measurement devices and volume measurement instruments. The volume measurement instruments include dry spirometers and wet spirometers. Flow measurement instruments include mass flow meters and pneumatic tachograph systems.
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9026
Rapid increase in the incidence of chronic obtrusive pulmonary diseases fueling spirometer market growth
There has been a rapid increase in diseases such as Chronic Obtrusive Pulmonary Diseases (COPD), due to, growth in the levels of air pollution. COPD is one of the most common lung diseases in the world. These are some of the primary factors contributing to the growth of the spirometer market, which is expected to grow at a high CAGR during the forecast period.
- According to World Health Organization, approximately 65 million people worldwide are suffering from severe to mild chronic obtrusive pulmonary diseases
- According to World Health Organization, the total number of deaths from COPD are expected to increase by more than 30% in the next 10 years
Manufacturers are focusing on improvements and developments in spirometers with innovative designs and features to simplify lung volume testing processes for patients as well as medical professionals. In addition, the introduction of portable and compact spirometers is a significant improvement introduced by manufacturers. Furthermore, manufacturers are adopting advanced packaging procedures to prevent spirometers from contracting bacterial infections. There is an increasing demand for portable, compact, and advanced spirometers. These are some of the key factors that are estimated to drive spirometer market during the forecast period.
Spirometer Market: Segmentation
The global spirometer market has been segmented on the basis of product type, modularity type, application type, end use, and region.
The segmentation on the basis of equipment type:
- Flow sensors
- Peak flow meters
- Portable
- Table top
- Chronic Obstructive Pulmonary Disease (COPD)
- Asthma
- Fibrosis
- Cystic Fibrosis
- Pulmonary fibrosis
- Hospital
- Home care
- Clinical laboratories
- Industrial Settings
Some of the prominent players in the global spirometer market are Vyaire Medical (US), Hill-Rom (US), Fukuda Sangyo (Japan), Sibelmed (Spain), Schiller AG (Switzerland), Medical International Research, Medset Medizintechnik GmbH (Germany), Progetti srl, Chest MI (Japan), MGC Diagnostics (US), Cosmed srl (Italy), and Medical International Research (Italy).
Spirometer Market: Regional Overview
On the basis of geography, regions with significantly large economies, such as North America, are expected to capture a sizeable share in the spirometer market value during forecast period. The North America spirometer market is likely to witness growth owing to growth in the geriatric population of the region. In addition, increase in the incidence of respiratory diseases and improved healthcare infrastructure in this region is significantly contributing to the growth of the spirometer market.
Spirometer market in Asia Pacific excluding Japan is estimated to witness high growth owing to an increase in the incidence of COPD and increasing awareness regarding the availability of numerous respiratory care monitoring and therapeutic instruments in the region. Moreover, increasing healthcare expenditure is one of the prime factors that is boosting the spirometer market in the Asia Pacific Excluding Japan region during the forecast period. Europe and the Middle East & Africa is projected to witness moderate growth in the spirometer market due to an increase in the generic population and increase in the number of COPD patients in the region.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
- Spirometer Market Segments
- Spirometer Market Dynamics
- Spirometer Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Technology
- Value Chain
- Market Drivers and Restraints
- Detailed overview of Spirometer parent market
- Changing Spirometer market dynamics in the industry
- In-depth Spirometer market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Spirometer market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Spirometer market performance
- Must-have information for market players to sustain and enhance their market footprint
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