Spirometers Market : Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Spirometers Market: By Product Type (Devices, Consumables and Accessories, Software), By Modality (Table Top, Desktop, Handheld), By Mechanism (Peak Flow Meters, Flow Sensing Spirometers), By Application (COPD, Asthma, Others), By End User (Hospital and Clinics, Home Care Setting), and Geography

 

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Report

Description

The Spirometers Market was valued at USD 605.3 million in 2020 and is projected to reach USD 717.9 million by 2027, at a CAGR of 4.8 % during 2021-2027. Spirometry is rarely used to diagnose asthma in children, especially in resource-poor nations where the burden of noncommunicable diseases is higher. Increased spirometry assessment frequency techniques can help to lower the burden of noncommunicable diseases. Unlike traditional spirometry equipment, contemporary spirometry devices standardise test data and respond quickly. The rise of ambulatory care venues has increased the demand for shorter hospital stays. Over the last few years, there has been a rise in the popularity of home healthcare. The idea of treating patients in the privacy of their own homes is one of the primary factors driving the spirometer market forward. The rise in popularity of home healthcare has prompted the creation of tele-spirometers. Also increasing demand for home healthcare is the rise in the senior population. For instance, according to WHO, between 2015 and 2050, the proportion of the world’s population over 60 years will nearly double from 12% to 22%. Moreover, grow in prevalence of various respiratory disorders such as COPD and asthma also boost the market over the forecast years. Companies are creating spirometers with enhanced design and features to make the difficult procedure of pulmonary function testing easier for patients and medical professionals. The major goal is to create spirometers that have a larger yield and provide better patient comfort without causing issues. In addition, businesses are implementing novel packing processes to prevent bacterial infections. Such technological advancements make patient testing procedures easier and more straightforward.  For instance, according to World Health Organization 2016, approximately 251 Mn cases of COPD observed in 2016. In addition escalation in the R&D for the development of advanced products, fundraising from public and private sectors, rise in disposable income, and development in healthcare infrastructure in emerging countries are boost the market over the forecast timeframe. Global market is surging owing to strategic alliances and product approvals for the newer devices. For instance, In December 2016, Propeller Health collaborated with Medical International Research to integrate mobile and clinical spirometers into the Propeller platform. In September 2017, NuvoAir partnered with Novartis AG to expand the commercialization of NuvoAir’s spirometry technology to physicians worldwide

 


Spirometers Market

MARKET SUMMARY
-
4.8 %
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 4.8 %
  • Largest Market– North America
  • Fastest Growing Market– Europe

Spirometers Market

  • The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, modality, mechanism, application, end user, and region.
  • This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, global market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed global spirometers market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and end users engaged in global spirometers.
Market Key Players
  • Hill-Rom Services, Inc.
  • Fukuda Sangyo Co., Ltd.
  • Chest M.I., Inc.
  • MGC Diagnostics
  • Medical International Research
  • ndd Medzintechnik AG
  • Vitalograph
  • Schiller AG
  • Vyaire Medical, Inc.
Growth

Global Spirometers Market

Increase in the R&D for the launch of advanced spirometers is a major factor drive the market over the forecast period. For instance, in April 2018, NuvoAir launched Air Next, a state-of-the-art updated smart, wireless spirometer product that would easy to use for the patients at home. Air Next CE Mark as a Class IIa medical device. Moreover, fundraising from public and private sectors for increasing R&D activities also boost the market over the forecast years. For instance, in March 2017, Pond Healthcare Innovation AB raised € 2.0 Mn seed funding from Spiltan to strengthen the team, product development, and commercial efforts. In addition, product approval from various regulatory bodies, launch of cost effective products, and increase in healthcare expenditure are anticipated to drive the market over the forecast years.


North-America Got Significant Share

Spirometers Market

Global spirometers market report gives comprehensive outlook on spirometers across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2018, North America dominated the global spirometers market is and the market is growing at 10.8% CAGR over the forecast period owing to increase in the prevalence of respiratory disorders in USA and Canada and frequent product approval for the spirometers in the region. For instance, In April 207, Monitored Therapeutics, received FDA 510(k) clearance for its GoSpiro Home Spirometer that specifically developed as a home-use wireless connected spirometer that works with a wide range of smartphones, tablets or PCs. Moreover, surge in the R&D for the development and launch of innovative products, strategic alliances between the market players, and rise in adoption of spirometers are propel the market in the North America region. Europe spirometers market projected to reach US$ 320.4 Mn by 2026 owing to increase in the adoption of advanced spirometers in the region

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report

Spirometers Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Contents

  1. Executive Summary
  2. Global Spirometer Market Introduction
    • Global Spirometer Market – Taxonomy
    • Global Spirometer Market –Definitions
      • By Product Type
      • Modality
      • Mechanism
      • By Application
  1. Global Spirometer Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Spirometer Market Dynamics – Factors Impact Analysis
  2. Global Spirometer Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Spirometer Market Forecast, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026
    • Devices
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Consumables and Accessories
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Software
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Spirometer Market Forecast, By Modality, 2015 – 2019 and Forecast, 2020 – 2026
    • Table Top
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Desktop
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Handheld
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Spirometer Market Forecast, By Mechanism, 2015 – 2019 and Forecast, 2020 – 2026
    • Peak Flow Meters
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Flow Sensing Spirometers
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Spirometer Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026
    • COPD
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asthma
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Spirometer Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026
    • Hospitals and Clinics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Home Care Setting
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Spirometer Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • The Middle East & Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Spirometer Market – Opportunity Analysis Index, By Product Type, By Modality, By Mechanism, By Application, By End User, and Region, 2020 – 2026
  2. North America Spirometer Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Devices
      • Consumables and Accessories
      • Software
    • Modality Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Table Top
      • Desktop
      • Handheld
    • Mechanism Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Peak Flow Meters
      • Flow Sensing Spirometers
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • COPD
      • Asthma
      • Others
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals and Clinics
      • Home Care Setting
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Spirometer Market – Opportunity Analysis Index, By Product Type, By Modality, By Mechanism, By Application, By End User, and Country, 2020 – 2026
    • North America Spirometer Market Dynamics – Trends
  3. Europe Spirometer Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Devices
      • Consumables and Accessories
      • Software
    • Modality Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Table Top
      • Desktop
      • Handheld
    • Mechanism Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Peak Flow Meters
      • Flow Sensing Spirometers
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • COPD
      • Asthma
      • Others
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals and Clinics
      • Home Care Setting
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • France
      • UK
      • Spain
      • Italy
      • Poland
      • Rest of Europe
    • Europe Spirometer Market – Opportunity Analysis Index, By Product Type, By Modality, By Mechanism, By Application, By End User, and Country, 2020 – 2026
    • Europe Spirometer Market Dynamics – Trends
  4. Asia Pacific Spirometer Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Devices
      • Consumables and Accessories
      • Software
    • Modality Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Table Top
      • Desktop
      • Handheld
    • Mechanism Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Peak Flow Meters
      • Flow Sensing Spirometers
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • COPD
      • Asthma
      • Others
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals and Clinics
      • Home Care Setting
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Asia Pacific Spirometer Market – Opportunity Analysis Index, By Product Type, By Modality, By Mechanism, By Application, By End User, and Country, 2020 – 2026
    • Asia Pacific Spirometer Market Dynamics – Trends
  5. Latin America Spirometer Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Devices
      • Consumables and Accessories
      • Software
    • Modality Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Table Top
      • Desktop
      • Handheld
    • Mechanism Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Peak Flow Meters
      • Flow Sensing Spirometers
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • COPD
      • Asthma
      • Others
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals and Clinics
      • Home Care Setting
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Spirometer Market – Opportunity Analysis Index, By Product Type, By Modality, By Mechanism, By Application, By End User, and Country, 2020 – 2026
    • Latin America Spirometer Market Dynamics – Trends
  6. Middle East and Africa Spirometer Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Devices
      • Consumables and Accessories
      • Software
    • Modality Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Table Top
      • Desktop
      • Handheld
    • Mechanism Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Peak Flow Meters
      • Flow Sensing Spirometers
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • COPD
      • Asthma
      • Others
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals and Clinics
      • Home Care Setting
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • GCC Countries
      • Israel
      • South Africa
      • Rest of MEA
    • Middle East and Africa Spirometer Market – Opportunity Analysis Index, By Product Type, By Modality, By Mechanism, By Application, By End User, and Country, 2020 – 2026
    • Middle East and Africa Spirometer Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)
      • Hill-Rom services, Inc.
      • Fukuda Sangyo Co., Ltd.
      • Chest M.I., Inc.
      • MGC Diagnostics
      • Medical International Research
      • ndd Medzintechnik AG
      • Vitalograph
      • Schiller AG
      • Vyaire Medical, Inc.
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Hill-Rom Services, Inc.
  • Fukuda Sangyo Co., Ltd.
  • Chest M.I., Inc.
  • MGC Diagnostics
  • Medical International Research
  • ndd Medzintechnik AG
  • Vitalograph
  • Schiller AG
  • Vyaire Medical, Inc.

Description

The Spirometers Market was valued at USD 605.3 million in 2020 and is projected to reach USD 717.9 million by 2027, at a CAGR of 4.8 % during 2021-2027. Spirometry is rarely used to diagnose asthma in children, especially in resource-poor nations where the burden of noncommunicable diseases is higher. Increased spirometry assessment frequency techniques can help to lower the burden of noncommunicable diseases. Unlike traditional spirometry equipment, contemporary spirometry devices standardise test data and respond quickly. The rise of ambulatory care venues has increased the demand for shorter hospital stays. Over the last few years, there has been a rise in the popularity of home healthcare. The idea of treating patients in the privacy of their own homes is one of the primary factors driving the spirometer market forward. The rise in popularity of home healthcare has prompted the creation of tele-spirometers. Also increasing demand for home healthcare is the rise in the senior population. For instance, according to WHO, between 2015 and 2050, the proportion of the world’s population over 60 years will nearly double from 12% to 22%. Moreover, grow in prevalence of various respiratory disorders such as COPD and asthma also boost the market over the forecast years. Companies are creating spirometers with enhanced design and features to make the difficult procedure of pulmonary function testing easier for patients and medical professionals. The major goal is to create spirometers that have a larger yield and provide better patient comfort without causing issues. In addition, businesses are implementing novel packing processes to prevent bacterial infections. Such technological advancements make patient testing procedures easier and more straightforward.  For instance, according to World Health Organization 2016, approximately 251 Mn cases of COPD observed in 2016. In addition escalation in the R&D for the development of advanced products, fundraising from public and private sectors, rise in disposable income, and development in healthcare infrastructure in emerging countries are boost the market over the forecast timeframe. Global market is surging owing to strategic alliances and product approvals for the newer devices. For instance, In December 2016, Propeller Health collaborated with Medical International Research to integrate mobile and clinical spirometers into the Propeller platform. In September 2017, NuvoAir partnered with Novartis AG to expand the commercialization of NuvoAir’s spirometry technology to physicians worldwide

 

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