Global Spirometer Market
Spirometer Market Growth Overview:
The global spirometer market size was valued at USD 955.8 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.13% from 2023 to 2032. The market is anticipated to be driven by an increase in the prevalence of chronic respiratory disorders, rising demand for home healthcare, and technological advances. 90% of people worldwide breathe dirty air, according to the World Health Organization (WHO). The lungs are negatively impacted by pollutants and irritants in a variety of ways.
For screening purposes in an occupational setting, the spirometry apparatus assists in the diagnosis of a number of respiratory ailments, including obstructive chronic pulmonary disease, emphysema, asthma, and other breathing problems. In the upcoming years, there will probably be more demand for spirometers due to the rise in COPD patients around the world.
Companies are creating spirometers with enhanced design and functionality to help patients and medical professionals understand the complicated process involved in pulmonary function testing. The major goal is to create spirometers that produce more while improving patient comfort without any consequences. In order to avoid potential bacterial infections, businesses are also implementing novel packaging practises. These technological advancements simplify and ease the testing processes for patients.
Market Analysis and Size
The World Health Organization (WHO) estimates that 300 million people worldwide suffer from asthma, and that the condition has claimed the lives of 250,000 people. Around 16 million Americans had COPD in 2019, and there were around 65 million COPD sufferers worldwide. This number is anticipated to increase in the next years. In the management, monitoring, and therapy of respiratory illnesses, spirometers are frequently employed.
Market Definition
Spirometry is a common test that measures how much air someone breathes in and out to determine how well their lungs are functioning. It assists in the diagnosis of breathing-related disorders such as asthma, chronic obstructive pulmonary disease (COPD), and others. The test, which monitors lung health and determines whether or not a treatment for a chronic lung ailment is effective, uses a spirometer.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Spirometer manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Spirometer market covering all its essential aspects.
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Market Segmentations:
Global Spirometer Market: Segmentations
Global Spirometer Market: By Key Players
BD (CareFusion)
Schiller
Welch Allyn
CHEST. MI.
MIR
Vitalograph
MGC
Futuremed
Fukuda Sangyo
NDD
SDI Diagnostics
Geratherm
Cosmed
Medikro
Anhui Electronics Scientific Institute
Contec
Global Spirometer Market: By Types
Hand-held Spirometer
Table-top Spirometer
Desktop (PC) Spirometer
Global Spirometer Market: By Applications
Hospital
Clinic
Homecare
Global Spirometer Market: Regional Analysis
The countries covered in the regional analysis of the Global Spirometer market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Covid-19 Impact
Positive effects are seen on the spirometer market. The major market participants are actively assisting the healthcare systems and professionals as the spread of the coronavirus (COVID-19) continues throughout the international community. This epidemic has slowed economic growth across a wide range of economies. One of the top causes of death worldwide is respiratory illness. Furthermore, the third most common cause of death is chronic obstructive pulmonary disease (COPD). The COVID-19 outbreak has increased the prevalence of respiratory illnesses. As a result, it is projected that the number of ARDS patients who need respiratory support would rise, which could lead to a rise in the need for spirometers.
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Allergies, climate change, and air pollution are further propelling the market's expansion. The expansion of the market is being driven by the creation of technologically sophisticated devices, governmental approvals, and product launches. However, lack of knowledge about respiratory illnesses and the existence of spirometer alternatives limit market expansion. Additionally, authorities and governments are projected to take more actions to enhance healthcare systems and raise awareness of the advantages of spirometers, which will help the worldwide spirometer market grow.
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