According to study, “World Spirometer Market Research Report 2024 (Covering USA, Europe, China, Japan, SEA and India)” the key companies operating in theworld spirometer market areCareFusion Corp.,MIR, Schiller, PMD Healthcare,Fukuda Sangyo, Cosmed,GanshornMedizin Electronic GmbH, Nihon Kohden Corp., GE Healthcare,Chest. MI., Inc, MedikroOy, MGC Diagnostics Corp., NDD Medical Technologies Inc.,nSpire Health Inc., SDI Diagnostics, Jones Medical Instrument Company, Welch Allyn Inc., Midmark Corp., Konica Minolta, SIBELMED, Anhui Electronics Scientific Institute, Philips Healthcare, Vital graph, Smiths Medical, Futuremed, Evotec, Piramal Enterprises, Vyaire Medical Inc., Advinus Therapeutics, Albany Molecular Research Inc., Sichuan Sikeda, M&B. The key companies are focusing on developing superior product to strengthen their business portfolio along with consolidate their market position.
Spirometer is a device used to assess lung function by measuring the volume of air inhaled & exhaled from the lungs after maximum inhalation by patient. It generates a pneumotachograph, which helps to determine the performance of the lungs to monitor & diagnose patients with respiratory-related problems. It is generally used for the diagnosis of chronic obstructive diseases, tuberculosis, silicosis, asthma, cystic fibrosis, black lung, and other respiratory diseases. Thus, it is used by physicians, research & development facilities, as well as patients for personal use.
Based on type, spirometer market is segmented into table top spirometer, hand held spirometer and desktop or PC based spirometer. Desktop spirometers are used for the diagnosis of black lungs, chronic obstructive diseases, tuberculosis, and other respiratory diseases. Based on product, market is segmented into devices, consumable & accessories and software. Devices include portable spirometers and PC based spirometers. Based on technology, market is segmented into flow measurement, volume measurement and peak flow measurement. Flow measurement include pneumatic tachograph systems and mass flow meters while volume measurement instruments include wet spirometers and dry spirometers. Based on disposable components, market is segmented into sensors, filters and tubes. Based on disease, market is segmented into asthma, cystic fibrosis, bronchitis, Chronic Obstructive Pulmonary Disease (COPD), pulmonary fibrosis, emphysema, and others. Based on distribution channel, market is segmented into direct tender and over the counter. Based on application, market is segmented into therapeutics and diagnostics. In addition, based on end-user, market is segmented into home healthcare and hospitals & clinics.
The spirometer market is driven by technological shift towards smartphone-based data collection, followed by rise in incidence of respiratory diseases, increase in preference for home healthcare, growth in geriatric population, increase in pollution levels, change in lifestyle & rise in urbanization and increase in government initiatives. However, largely untreated population, lack of awareness about the signs & symptoms of respiratory diseases, and limited reimbursement may impact the market. Moreover, research & development (R&D) activities and technological advancements are key opportunities for market.
Based on geography, USA country holds major share inspirometer market owing to rise in the number of smokers and increase in demand of home care setting devices. China and India countries are also witness higher growth rate due to growth in awareness about the advanced respiratory care therapeutic & monitoring devices. Europe is expected to holds significant share because of increase in home use of spirometers over the forecast period. It is anticipated that future of the market will be bright on account of increase in prevalence of tobacco smoking.
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications