Market Overview:
The global spirometer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of respiratory diseases, growing geriatric population, and technological advancements in spirometers. Based on type, the global spirometer market is segmented into portable spirometers and benchtop spirometers. Portable spirometers are further classified into handheld and pocket-sized devices. Benchtopspirometers are used for stationary measurements in hospitals and clinics. Based on application, the globalspirometer market is segmented into hospitals and clinics, residential care facilities, schools/colleges/universities, research institutes & laboratories),and others (military camps & prisons).
Product Definition:
A spirometer is an apparatus used to measure the volume of air exhaled and inhaled. It is used to diagnose and monitor respiratory diseases such as asthma, bronchitis, and emphysema.
Portable Spirometer:
Portable spirometers are medical devices used to measure the patients' vital respiratory parameters. These devices are battery operated and can be carried around in a small case or attached to a belt or harness for continuous monitoring. Spirometry is the term used for testing lung function with the help of portable spirometers.
Benchtop Spirometer:
A benchtop spirometer is a diagnostic device used to measure the pulmonary arterial pressure. It is also known as spirograph and consists of an airtight container connected to a vacuum pump. The pressure measured by this instrument can be compared with the normal atmospheric pressure which helps in diagnosing various respiratory diseases such as asthma, bronchitis, and others.
Application Insights:
Hospitals and clinics led the global market in 2017. This is attributed to a large patient base that requires spirometry testing for diagnosis of respiratory diseases, high healthcare spending, and presence of key players such as ResMed, Philips Healthcare, and Aspen Technology. Residential applications are expected to witness significant growth over the forecast period owing to increasing adoption of devices by individuals for asthma management. The availability of low-cost devices has also enabled consumers with greater financial flexibility when purchasing medical equipment.
The product demand in residential applications is driven by growing awareness about its benefits among patients suffering from chronic cough or smoker's cough along with other non-respiratory diseases such as allergies or cardiovascular disease risk assessment. Furthermore, an increase in prevalence rates associated with these conditions will drive demand further over the forecast period due to increased monitoring requirements post diagnosis of a respiratory condition requiring lung function testing services at home or care facility settings globally.
Regional Analysis:
North America dominated the global market in 2017 owing to high awareness levels and availability of a well-established healthcare infrastructure. Moreover, increasing prevalence of respiratory diseases such as asthma and COPD is also expected to drive the North American regional market over the forecast period. Europe accounted for a significant share in global revenue due to high product adoption rates, favorable reimbursement policies, and presence of highly skilled physicians & advanced healthcare facilities.
Growth Factors:
- Increasing prevalence of respiratory diseases: Spirometer is used for the diagnosis and treatment of various respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and cystic fibrosis. The increasing prevalence of these respiratory diseases is expected to drive the growth of the spirometer market.
- Growing demand for home-based spirometers: There is a growing demand for home-based spirometers, owing to their ease of use and low cost. This is expected to boost the growth of the spirometer market in the coming years.
- Technological advancements in spirometers: The technological advancements inspirometers are helping healthcare professionals diagnose and treat respiratory diseases more accurately. This is likely to propelthe growthof thespirometermarketin themarketin thenear future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Spirometer Market Research Report
By Type
Portable Spirometer, Benchtop Spirometer
By Application
Hospitals and clinics, Residential
By Companies
BD (CareFusion), Schiller, Hillrom, CHEST. MI., MIR, Vitalograph, MGC, Futuremed, Fukuda Sangyo, Cosmed, Medikro, Jianqiao Medical Electronics, Contec Medical Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Spirometer Market Report Segments:
The global Spirometer market is segmented on the basis of:
Types
Portable Spirometer, Benchtop Spirometer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals and clinics, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BD (CareFusion)
- Schiller
- Hillrom
- CHEST. MI.
- MIR
- Vitalograph
- MGC
- Futuremed
- Fukuda Sangyo
- Cosmed
- Medikro
- Jianqiao Medical Electronics
- Contec Medical Systems
Highlights of The Spirometer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Spirometer
- Benchtop Spirometer
- By Application:
- Hospitals and clinics
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spirometer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A spirometer is a device used to measure the respiratory rate.
Some of the major players in the spirometer market are BD (CareFusion), Schiller, Hillrom, CHEST. MI., MIR, Vitalograph, MGC, Futuremed, Fukuda Sangyo, Cosmed, Medikro, Jianqiao Medical Electronics, Contec Medical Systems.
The spirometer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spirometer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Spirometer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spirometer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Spirometer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Spirometer Market Size & Forecast, 2020-2028
4.5.1 Spirometer Market Size and Y-o-Y Growth
4.5.2 Spirometer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable Spirometer
5.2.2 Benchtop Spirometer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals and clinics
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spirometer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Spirometer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable Spirometer
9.6.2 Benchtop Spirometer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals and clinics
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable Spirometer
10.6.2 Benchtop Spirometer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals and clinics
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable Spirometer
11.6.2 Benchtop Spirometer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals and clinics
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable Spirometer
12.6.2 Benchtop Spirometer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals and clinics
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable Spirometer
13.6.2 Benchtop Spirometer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals and clinics
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Spirometer Market: Competitive Dashboard
14.2 Global Spirometer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD (CareFusion)
14.3.2 Schiller
14.3.3 Hillrom
14.3.4 CHEST. MI.
14.3.5 MIR
14.3.6 Vitalograph
14.3.7 MGC
14.3.8 Futuremed
14.3.9 Fukuda Sangyo
14.3.10 Cosmed
14.3.11 Medikro
14.3.12 Jianqiao Medical Electronics
14.3.13 Contec Medical Systems
