Spirometer Market Size, Industry Share, Estimate And Future Growth To 2025 | Grand View Research, Inc
“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 .�
The global spirometer market size is expected to reach around USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.4% over the forecast period. Chronic respiratory diseases are rising among adults and children worldwide. Over 2 billion people are currently estimated to be exposed to air pollution on a regular basis, driving the incidence rate of respiratory disorders. Diagnosis and monitoring of respiratory diseases has become crucial in hospitals as well as home settings. Around 230 million people are affected by asthma across the globe. In addition, around 30% of pediatric hospitalizations are attributed to asthma. Asthma and related respiratory disorders have been increasing due to worsening environmental conditions. Spirometry is an effective method to diagnose and monitor respiratory health. The American Thoracic Society and the European Respiratory Society have been proactively working on the standardization of spirometry measurements and global guidelines. The developed countries such as U.S. have reimbursement policies dedicated for spirometry through Medicare, Medicaid, and third-party insurance. The national spirometry amounts were increased due to revised Medicare Fee Schedule, 2018.
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Further key findings from the report suggest:
Steadfast increase in prevalence of Chronic Obtrusive Pulmonary Diseases (COPD) and adoption of technologically advanced diagnostic devices are some of the key drivers accountable for the growth of spirometers market across the globe
In 2017, table top spirometers dominated the type segment in terms of revenue as they are widely used in hospitals, clinics, and other diagnostic centers
Desktop spirometers are likely to witness the fastest growth in the coming years as the computer-based spirometry has become more popular among physicians as it reduces paperwork and offers automatic result interpretation
Flow measurement spirometers dominated the technology segment in terms of revenue share in the year 2017. Peak flow measurement spirometers are 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 expected to grow at the fastest rate in the years to come
In the end use segment, hospitals and clinics held the largest market share in 2017 due to extensive use of spirometry in primary care settings. However, home healthcare is likely to experience impressive growth rate in the coming years
North America dominated the 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 emerging economies such as China and India
The market is witnessing developments of technologically advanced devices. In February 2015, Cohero Health, a U.S.-based company, received approval by the FDA for its hand held spirometer. This mobile spirometer is based on wireless technology and can be paired with computers, smart phones, and tablets for real-time monitoring and reporting
Some of the key players in the spirometer market are Smiths Medical, Schiller AG, Nihon Kohden Corporation, and others.
Grand View Research has segmented the 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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Chapter 1 Research Methodology 1.1 Information Procurement 1.2 Data Analysis Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Market Variables, Trends & Scope 3.1 Market Segmentation and Scope 3.1.1 Market driver analysis 3.1.1.1 Rise in prevalence of chronic respiratory diseases 3.1.1.2 Growing preference for home healthcare 3.1.1.3 Technological advancements in the field of spirometry 3.1.2 Market restraint analysis 3.1.2.1 Lack of standard policies in terms of reimbursement 3.2 Penetration & Growth Prospects Mapping 3.3 Spirometer Market - PESTLE Analysis 3.4 Industry Analysis - Porter’s 3.5 Spirometer Market: Recent Trends and Advancements 3.6 Spirometer Market: List of Major Manufactures at Regional Level Chapter 4 Spirometer: Type Estimates & Trend Analysis 4.1 Spirometer Market: Type Movement Analysis 4.2 Hand Held 4.2.1 Hand held spirometer market, 2014 - 2025 (USD Million) 4.3 Table Top 4.3.1 Table top spirometer market, 2014 - 2025 (USD Million) 4.4 Desktop 4.4.1 Desktop spirometer market, 2014 - 2025 (USD Million) Chapter 5 Spirometer: Technology Estimates & Trend Analysis 5.1 Spirometer Market: Technology Movement Analysis 5.2 Volume Measurement 5.2.1 Volume measurement market, 2014 - 2025 (USD Million) 5.3 Flow Measurement 5.3.1 Flow measurement market, 2014 - 2025 (USD Million)
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5.4 Peak Flow Measurement 5.4.1 Peak flow measurement market, 2014 - 2025 (USD Million) Chapter 6 Spirometer: Application Estimates & Trend Analysis 6.1 Spirometer Market: Application Movement Analysis 6.2 Asthma 6.2.1 Asthma market, 2014 - 2025 (USD Million) 6.3 COPD 6.3.1 COPD market, 2014 - 2025 (USD Million) 6.4 Cystic Fibrosis 6.4.1 Cystic fibrosis market, 2014 - 2025 (USD Million) 6.5 Pulmonary Fibrosis 6.5.1 Pulmonary fibrosis market, 2014 - 2025 (USD Million) 6.6 Others 6.6.1 Others market, 2014 - 2025 (USD Million) Chapter 7 Spirometer: End Use Estimates & Trend Analysis 7.1 Spirometer Market: End Use Movement Analysis 7.2 Hospitals and Clinics 7.2.1 Hospitals and clinics market, 2014 - 2025 (USD Million) 7.3 Home Healthcare 7.3.1 Home healthcare market, 2014 - 2025 (USD Million) Chapter 8 Spirometry and Lung Volume Testing Market 8.1 Market Size & Forecasts, 2014 to 2025 for the Spirometry and Lung Volume Testing 8.2 Trend Analysis for the Spirometry and Lung Volume Testing Chapter 9 Spirometer: Regional Estimates & Trend Analysis 9.1 Spirometer Market Share by Region, 2017 & 2025 9.2 North America 9.2.1 North America spirometer market, 2014 - 2025 (USD Million) 9.2.2 U.S. 9.2.2.1 U.S. spirometer market, 2014 - 2025 (USD Million) 9.2.3 Canada 9.2.3.1 Canada spirometer market, 2014 - 2025 (USD Million) 9.3 Europe
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9.3.1 Europe spirometer market, 2014 - 2025 (USD Million) 9.3.2 U.K. 9.3.2.1 U.K. spirometer market, 2014 - 2025 (USD Million) 9.3.3 Germany 9.3.3.1 Germany spirometer market, 2014 - 2025 (USD Million) 9.3.4 France 9.3.4.1 France spirometer market, 2014 - 2025 (USD Million) 9.3.5 Italy 9.3.5.1 Italy spirometer market, 2014 - 2025 (USD Million) 9.3.6 Spain 9.3.6.1 Spain spirometer market, 2014 - 2025 (USD Million) 9.4 Asia Pacific 9.4.1 Asia Pacific spirometer market, 2014 - 2025 (USD Million) 9.4.2 Japan 9.4.2.1 Japan spirometer market, 2014 - 2025 (USD Million) 9.4.3 China 9.4.3.1 China spirometer market, 2014 - 2025 (USD Million) 9.4.4 India 9.4.4.1 India spirometer market, 2014 - 2025 (USD Million) 9.5 Latin America 9.5.1 Latin America spirometer market, 2014 - 2025 (USD Million) 9.5.2 Brazil 9.5.2.1 Brazil spirometer market, 2014 - 2025 (USD Million) 9.5.3 Mexico 9.5.3.1 Mexico spirometer market, 2014 - 2025 (USD Million) 9.6 Middle East & Africa 9.6.1 MEA spirometer market, 2014 - 2025 (USD Million) 9.6.2 South Africa 9.6.2.1 South Africa spirometer market, 2014 - 2025 (USD Million) Chapter 10 Competitive Landscape 10.1 Strategy framework 10.2 Spirometer Market: Market Position Analysis (Based on Type, Technology, Application, End Use, Regional
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Presence, and Recent Updates) 10.2.1 Schiller AG 10.2.1.1 Company overview 10.2.1.2 Product benchmarking 10.2.1.3 Strategic initiatives 10.2.2 Smiths Medical 10.2.2.1 Company overview 10.2.2.2 Financial performance 10.2.2.3 Product benchmarking 10.2.3 Vyaire Medical, Inc. 10.2.3.1 Company overview 10.2.3.2 Product benchmarking 10.2.3.3 Strategic initiatives 10.2.4 SDI Diagnostics, Inc. 10.2.4.1 Company overview 10.2.4.2 Product benchmarking 10.2.5 Nihon Kohden Corporation 10.2.5.1 Company overview 10.2.5.2 Financial performance 10.2.5.3 Product benchmarking 10.2.5.4 Strategic initiatives 10.2.6 nSpire Health, Inc. 10.2.6.1 Company overview 10.2.6.2 Product benchmarking 10.2.6.3 Strategic initiatives 10.2.7 Fukuda Sangyo Co., Ltd. 10.2.7.1 Company overview 10.2.7.2 Product benchmarking 10.2.8 SIBELMED 10.2.8.1 Company overview 10.2.8.2 Product benchmarking 10.2.9 Labtech Ltd.
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10.2.9.1 Company overview 10.2.9.2 Product benchmarking 10.2.10 Vitalograph 10.2.10.1 Company overview 10.2.10.2 Product benchmarking 10.2.11 Geratherm Respiratory GmbH 10.2.11.1 Company overview 10.2.11.2 Product benchmarking 10.2.12 Philips 10.2.12.1 Company overview 10.2.12.2 Financial performance 10.2.12.3 Product benchmarking 10.2.12.4 Strategic initiatives 10.2.13 Welch Allyn 10.2.13.1 Company overview 10.2.13.2 Product benchmarking 10.2.13.3 Strategic initiatives
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About Us: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
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