Spirometer Market Growth: Market Outlook and Forecast

 

Spirometer Market size is valued at USD 1 Bn in 2022 and is expected to reach USD 2.16 Bn by 2030, and grow at a CAGR of 10.15% over the forecast period of 2023-2030.

The spirometer market is witnessing significant growth due to the rising prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and cystic fibrosis. Spirometry, a diagnostic test performed using spirometers, helps in measuring lung function and assessing the severity of respiratory conditions.

With the increasing awareness about early diagnosis and management of respiratory disorders, there is a growing demand for spirometers in hospitals, clinics, and diagnostic centers. Additionally, the adoption of spirometry testing by occupational health organizations to monitor lung health in industries exposed to harmful substances further drives market growth.

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Technological advancements have led to the development of portable and user-friendly spirometers that can be used at home for regular monitoring. This has enabled patients with chronic respiratory conditions to actively participate in their own care and make informed decisions regarding treatment plans.

Moreover, governments across various countries are implementing initiatives to improve respiratory healthcare infrastructure, which includes the procurement of advanced spirometry equipment.

KEY MARKET SEGMENTS

By Product

·         Devices

·         Software

·         Consumables & Accessories

By Technology

·         Volume Measurement

·         Flow Measurement

·         Peak Flow Measurement

By Application

·         Asthma

·         COPD

·         Cystic Fibrosis

·         Pulmonary Fibrosis

·         Others

By End use

·         Hospitals and Clinics

·         Home Healthcare

Major Players Listed in the Report are as Follows:

Schiller, Smiths Medical, Vyaire Medical, SDI Diagnostics, nSpire Health, Fukuda Sangyo, Sibelmed, Vitalograph, Geratherm Respiratory, Koninklijke Philips, Welch Allyn.

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