Spirometer Market Size, Share & Trends Analysis Report By Type (Hand Held, Table Top, Desktop), By Technology, By Application (Asthma, COPD, Cystic Fibrosis), By End Use, By Region, And Segment Forecasts, 2018 - 2025
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Spirometer market
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Spirometer Market Size, Industry Share, Estimate And Future Growth To
2025 | Grand View Research, Inc
The global spirometer market size is expectedto reach around USD 1.3 billionby 2025, according to a newreport by
Grand ViewResearch, Inc., expandingat a CAGR of 9.4% over the forecast period.Chronic respiratory diseasesare
rising among adults and children worldwide.Over2 billionpeople are currently estimatedto be exposedto air
pollutionon a regular basis,driving the incidence rate of respiratory disorders. Diagnosisand monitoring of
respiratory diseaseshas become crucial in hospitalsas well as home settings.
Around 230 millionpeople are affectedby asthma across the globe.In addition, around 30% of pediatric
hospitalizationsare attributed to asthma. Asthma and related respiratory disorders have beenincreasing due to
worseningenvironmental conditions. Spirometry is an effective method to diagnose and monitor respiratory health.
The American Thoracic Society and the European Respiratory Society have been proactivelyworking on the
standardization of spirometrymeasurements and global guidelines.
The developedcountriessuch as U.S. have reimbursementpoliciesdedicatedfor spirometry through Medicare,
Medicaid, and third-party insurance. The national spirometryamounts were increased due to revisedMedicare Fee
Schedule,2018.
Browse Details of Report @ www.grandviewresearch.com/industry-analysis/spirometer-market
“The global spirometer market size was valued at USD 672.5 million in 2017
and is expected to expand at a CAGR of 9.4% over the forecast period.”
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Further key findings from the report suggest:
Steadfast increase in prevalence of Chronic Obtrusive Pulmonary Diseases (COPD) and adoption of
technologicallyadvanced diagnostic devicesare some of the key drivers accountable for the growth of
spirometersmarket across the globe
In 2017, table top spirometersdominated the type segment in terms of revenue as they are widelyusedin
hospitals,clinics, and other diagnostic centers
Desktop spirometersare likelyto witnessthe fastest growth in the coming years as the computer-based
spirometry has become more popular among physicians as it reduces paperwork and offersautomatic result
interpretation
Flow measurementspirometersdominated the technology segmentin terms of revenue share in the year
2017. Peak flowmeasurement spirometersare anticipated to grow at the fastest rate over the forecast period
Among applications, COPD held majority of the market share in 2017 pertaining to steep rise in cases of COPD
across the globe. Whereas, asthma is expectedto grow at the fastest rate in the years to come
In the end use segment,hospitals and clinics heldthe largest market share in 2017 due to extensive use of
spirometry in primary care settings. However, home healthcare is likelyto experience impressive growthrate
in the coming years
North America dominatedthe market in terms of revenue share in 2017 as it has a large patient base with
respiratory disorders.On the other hand, Asia Pacific is projected to showcase the fastest growth rate due to
emergingeconomies such as China and India
The market is witnessingdevelopmentsof technologicallyadvanced devices.In February 2015, Cohero Health,
a U.S.-based company, receivedapproval by the FDA for its hand heldspirometer.This mobile spirometeris
based on wirelesstechnology and can be paired with computers, smart phones, and tablets for real-time
monitoring and reporting
Some of the key players in the spirometermarket are Smiths Medical, Schiller AG, Nihon KohdenCorporation,
and others.
Grand ViewResearch has segmentedthe global spirometer market based on type, technology, application,end use,
and region:
Spirometer Type Outlook (Revenue, USD Million, 2014 - 2025)
Hand Held
Table Top
Desktop
Spirometer Technology Outlook (Revenue,USD Million, 2014 - 2025)
Volume Measurement
Flow Measurement
Peak Flow Measurement
Spirometer Application Outlook (Revenue,USD Million, 2014 - 2025)
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Asthma
COPD
Cystic Fibrosis
Pulmonary Fibrosis
Others
Spirometer End Use Outlook (Revenue, USD Million, 2014 - 2025)
Hospitals & Clinics
Home Healthcare
Spirometer Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
o U.S.
o Canada
Europe
o U.K.
o Germany
o France
o Italy
o Spain
Asia Pacific
o Japan
o China
o India
Latin America
o Brazil
o Mexico
Middle East & Africa
o South Africa
Browse Related Category Reports @ https://www.grandviewresearch.com/industry/medical-devices
Table of Content of Spirometer Market
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