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Spirometers Market Size, Share and Global Trend By Type (Portable, Non-Portable), By Application(Asthma, Chronic Pulmonary Obstructive Diseases (COPD)), By End User(Hospitals, Clinics, Home Care Settings, Diagnostic Centers, Ambulatory Surgery Centres) and Geography Forecast till 2026

Region : Global | Report ID: FBI100486 | Status : Ongoing

 

KEY MARKET INSIGHTS

A spirometer is a diagnostic tool which is used to measure the lung capacity. A spirometer is prominently used to detect symptoms of chronic respiratory conditions such as asthma, chronic obstructive pulmonary disease, pulmonary fibrosis, cystic fibrosis, emphysema, and chronic bronchitis. A spirometer is mainly used to check the cause of shortness of breath, assessing the effect of contaminants on lung function, evaluating progress for disease treatment, and the effect of medication. According to World Health Organizations, chronic obstructive pulmonary disease is expected to be the third leading cause of death by 2030 globally. 


Rising prevalence of chronic pulmonary obstructive diseases (COPD) such as chronic bronchitis and emphysema and cystic fibrosis are significant factors for the growth of the global spirometers market. Also, increased tobacco consumption, as well as smoking, rising air pollution, workplace dust and exposure to harmful chemicals, are expected to elevate the prevalence of respiratory diseases, which will eventually drive the demand for adoption of spirometers during the forecast period. According to Centres for Disease Control and Prevention, in 2016, an estimated, 20.4 million people in the U.S., were suffering from asthma. 

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However, lack of quality control, lack of adequate nurse training, unavailability of spirometers in remote areas and risk of pneumothorax are expected to hamper the demand for adoption of the spirometer. These are some of the factors restraining the growth of the global spirometers market. 


Key Players Covered 


Some of the major companies that are present in the global spirometers market are Thor, NSPIRE HEALTH INC., Geratherm Respiratory GmbH, SDI Diagnostics, BTL, CONTEC MEDICAL SYSTEMS CO., LTD., FIM Medical SAS, medical ECONET, Labtech International Ltd., MIR Medical International Research, medical equipment Europe GmbH, Medizintechnik AG, Vitalograph and others. others. 


 SEGMENTATION 


























 SEGMENTATION



 DETAILS



By Type



·      Portable


·      Non-Portable



By Application


 



·      Asthma


·      Chronic Pulmonary Obstructive Diseases (COPD)


·      Others



By End User



·      Hospitals


·      Clinics


·      Home Care Settings


·      Diagnostic Centers


·      Ambulatory Surgery Centres


·      Others



By Geography



·      North America (USA and Canada)


·      Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)


·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)


·      Latin America (Brazil, Mexico and Rest of Latin America)


·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



                               


In 2018, portable type dominated global spirometers market due to attributed to the ease use and rise in demand in developed countries. The segment is projected to continue its dominance in its market share during the forecast period. 


Key Insights 



  • PESTEL Analysis

  • Technological Advancements

  • Pricing Analysis, Key Regions

  • Recent industry developments such as partnerships, mergers, and acquisitions


 Regional Analysis 


North America dominated the global spirometers market in 2018, owing to the aging population, rising prevalence of the chronic respiratory condition. Increased prevalence of the chronic obstructive pulmonary disease due to smoking, exposure to smoke and other toxic substances and fungal & bacterial infections due to dust are some of the expected to lead to increasing adoption of spirometers. This increased adoption is expected to drive the growth of the spirometers market during the forecast period. Combined with these factors, certain benefits provided by spirometers such as easy use, accuracy in diagnostics and technical advancements such as mobile connectivity played a vital role in increasing the demand for the spirometers. These factors are anticipated to drive the growth of the spirometers market. The Asia Pacific holds huge potential for global spirometers market owing to the rising prevalence of asthma and chronic lung diseases. According to the World Health Organization, an estimated 235 million people worldwide are suffering from asthma, also the major prevalence of asthma is observed in emerging nations. Adding to this, growth in technology adoption by the healthcare sector, developing healthcare infrastructure and rising demand for preventive care in emerging nations are expected to boost the demand for global spirometers market during the forecast period. 


Key Industry Developments



  • In April 2018, NuvoAir AB launched updated smart, wireless spirometer for home use. Dubbed the Air Next, the small and portable device which can be connected to smartphones or tablets via Bluetooth LE.
  • In June 2018, Henry Schein, Inc. launched the Henry Schein EasyOne Air spirometer, for the lung function testing that can potentially improve recognition and diagnosis of Chronic Obstructive Pulmonary Disease (COPD).

Spirometers Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

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