Market Overview:
The global wire type spirometer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of respiratory diseases, rising geriatric population, and technological advancements in spirometers. Based on type, the global wire type spirometer market is segmented into trolley type spirometers and stable type spirometers. Trolley type Spirometers are portable devices that can be easily moved from one place to another, making them suitable for use in clinics and hospitals. Stable Type Spirometers are stationary devices that are used for long-term monitoring of patients’ respiratory conditions at home or in a hospital setting. Medicaluse includes diagnosis and treatment of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), pneumonia, cystic fibrosis (CF), bronchiectasis etc.
Product Definition:
A wire type spirometer is a medical device used to measure the volume of air exhaled and inhaled. This information can be used to help diagnose respiratory problems.
Trolley Type Spirometer:
Trolley type spirometers are the most commonly used spirometers. They are also known as cart-based or table-top spirometers. The trolley based devices have a number of advantages over conventional handheld devices, which include greater portability and stability during use, thus increasing the reliability of results obtained by these devices.
Stable Type Spirometer:
Stable type spirometers are used to measure the flow rate of gases and liquids. It is a non-invasive medical device that works on the principle of resistance by incorporating a column of air, liquid or gas. The higher the column density, the more accurate will be its measurement resulting in better diagnosis.
The global stable type spirometer market was valued at USD 394 million in 2014.
Application Insights:
The medical use segment held the largest share of over 70.0% in 2017. Rising prevalence of respiratory diseases, growing geriatric population and rising number of hospital beds are some factors responsible for high share held by the medical segment. On the other hand, household use is expected to be fastest-growing application segment during forecast years due to increasing demand for non-invasive testing devices that provide faster results than spirometers do.
Wire type spirometers are used at home or in clinics as an alternative to traditional hard copy chest X-rays taken while a patient breathes into a large piece of equipment called aspirometer which measures lung function with greater accuracy.
Regional Analysis:
North America dominated the global wire type spirometer market in 2017. This can be attributed to favorable reimbursement policies, high adoption of technologically advanced products, and presence of strong manufacturers in this region. For instance, as per the American Lung Association's (ALA) 2016-2017 annual rankings, Canada ranked third among countries globally for air pollution deaths with 1 out of every 13 deaths caused by air pollution. In addition to this, according to a study published in JAMA Network Open Journal on August 31st 2018; exposure to secondhand smoke has been found to increase the risk of respiratory diseases among nonsmokers.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing its large population base suffering from chronic respiratory diseases such as asthma.
Growth Factors:
- Increasing prevalence of respiratory diseases: The global Wire Type Spirometer market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and pneumonia.
- Growing geriatric population: The geriatric population is more susceptible to respiratory diseases, which is expected to drive the demand for Wire Type Spirometers in the coming years.
- Technological advancements: The development of new and innovative technologies in Wire Type Spirometers is anticipated to boost market growth during the forecast period. For instance, in 2017, Philips Healthcare introduced its next-generation spirometer – “Philips Respironics’ Vmax Encore” that offers enhanced performance with features such as wireless connectivity and cloud-based data management capabilities. This would help healthcare providers manage patient data efficiently and improve patient care outcomes..
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Type Spirometer Market Research Report
By Type
Trolley Type Spirometer, Stable Type Spirometer
By Application
Medical Use, Household Use
By Companies
BD (CareFusion), Smiths Medical, Piston, Medikro, Contec Medical Systems, Schiller, Hill-Rom, CHEST. MI., MIR, Vitalograph, MGC, Futuremed, Fukuda Sangyo, PARI GmbH, SDI Diagnostics
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Wire Type Spirometer Market Report Segments:
The global Wire Type Spirometer market is segmented on the basis of:
Types
Trolley Type Spirometer, Stable Type 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
Medical Use, Household Use
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)
- Smiths Medical
- Piston
- Medikro
- Contec Medical Systems
- Schiller
- Hill-Rom
- CHEST. MI.
- MIR
- Vitalograph
- MGC
- Futuremed
- Fukuda Sangyo
- PARI GmbH
- SDI Diagnostics
Highlights of The Wire Type 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:
- Trolley Type Spirometer
- Stable Type Spirometer
- By Application:
- Medical Use
- Household Use
- 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 Wire Type 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.
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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 wire type spirometer is a medical device used to measure the respiratory rate and quality of breath.
Some of the major players in the wire type spirometer market are BD (CareFusion), Smiths Medical, Piston, Medikro, Contec Medical Systems, Schiller, Hill-Rom, CHEST. MI., MIR, Vitalograph, MGC, Futuremed, Fukuda Sangyo, PARI GmbH, SDI Diagnostics.
The wire type 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 Wire Type 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 Wire Type Spirometer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wire Type 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 Wire Type 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 Wire Type Spirometer Market Size & Forecast, 2020-2028
4.5.1 Wire Type Spirometer Market Size and Y-o-Y Growth
4.5.2 Wire Type 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 Trolley Type Spirometer
5.2.2 Stable Type 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 Medical Use
6.2.2 Household Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wire Type 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 Wire Type 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 Trolley Type Spirometer
9.6.2 Stable Type 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 Medical Use
9.10.2 Household Use
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 Trolley Type Spirometer
10.6.2 Stable Type 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 Medical Use
10.10.2 Household Use
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 Trolley Type Spirometer
11.6.2 Stable Type 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 Medical Use
11.10.2 Household Use
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 Trolley Type Spirometer
12.6.2 Stable Type 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 Medical Use
12.10.2 Household Use
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 Trolley Type Spirometer
13.6.2 Stable Type 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 Medical Use
13.10.2 Household Use
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 Wire Type Spirometer Market: Competitive Dashboard
14.2 Global Wire Type Spirometer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD (CareFusion)
14.3.2 Smiths Medical
14.3.3 Piston
14.3.4 Medikro
14.3.5 Contec Medical Systems
14.3.6 Schiller
14.3.7 Hill-Rom
14.3.8 CHEST. MI.
14.3.9 MIR
14.3.10 Vitalograph
14.3.11 MGC
14.3.12 Futuremed
14.3.13 Fukuda Sangyo
14.3.14 PARI GmbH
14.3.15 SDI Diagnostics
