According to Market Research Future (MRFR), the global Spirometry market is expected to garner a valuation of USD 1,106.76 MN by end, registering 10.03% CAGR over the assessment period. Factors such as the increasing healthcare expenditures and technological advances in respiratory care devices are estimated to support market growth over the forecast period.
The global spirometry machine for sale market is witnessing a significant rise in its revenues, mainly due to the rising occurrences of respiratory diseases such as asthma and COPD. Besides, the growing rate of diagnosis processes conducted for the detection of interstitial pulmonary fibrosis fosters the growth of the market. Moreover, the increasing exposure to risk factors and the ever-increasing population is driving a large share of the market.
portable spirometry devices is a medical test to evaluate lung functions vital for detecting asthma, COPD, and other breathing disorders. Spirometry is also performed for therapeutic reasons for asthma, chronic obstructive pulmonary disease, and restrictive lung disease. Growing exposure to risk factors, including smoking and pollutants such as chemicals, fumes, and dust, is fostering the growth of the market, increasing the prevalence of respiratory diseases.
The segment study of the global spirometry market is done by Product, Technology, Application and End-user.
- Hand-held spirometry
- Table-top spirometry
- Desktop (pc) spirometry
- Volume spirometry
- Measurement spirometry
- Peak flow meters (pfm)
- Research & Academic Institutes
- Hospitals & Clinics
- Home Care
- Diagnostic Centers
Players active in the global Spirometry market include
- NDD Medical Technologies, Inc. (US)
- Nihon Kohden Corporation (Germany)
- Carefusion Corporation (US)
- Vitalograph (UK)
- Schiller AG (Switzerland)
- MGC Diagnostics Corporation (US)
- Hill-Rom Holdings, Inc. (US)
- Midmark Corporation (US)
- COSMED Srl. (Italy)
- Smiths Medical Inc. (US)
- Koninklijke Philips N.V. (Netherlands)
Trends and factors influencing the regional expansion of the spirometry market is assessed across Americas, EU, APAC, and the Middle East & Africa (MEA).
In the Americas, the spirometry market is expected to secure the maximum share of the worldwide market, following APAC and EU. The Americas spirometry market expansion can be attributed to the rapid adoption of advanced technologies by cash-rich regions. The existence of a large patient pool those afflicted with respiratory issues can cause the regional market to rise at 10.25% CAGR through the forecast period.
In Europe, the spirometry market can expand at high pace across the review period. The regional market can thrive at USD 322.33 Mn by 2023. The increase in asthma cases and surge in the healthcare expenditure by countries of the region, such as Germany and France, can support the expansion of the market in the analysis period.
In MEA, the spirometry market expansion can expand at decent CAGR across the analysis period as improvements in the healthcare infrastructure are observed. The surge in healthcare budgets across Qatar, Kuwait, and Dubai can promote the market across the review period.
In APAC, the spirometry market can expand at 10.94% CAGR through the forecast period. Increase in high cases of chronic malaises, rise in awareness about respiratory devices, and hike in healthcare budgets across developing nations can favor the market through the review period.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future (MRFR) team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013,
United States of America
+1 646 845 9312
Email: [email protected]