Spirometers Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Spirometers Market Report Overview
The spirometer market size was valued at $109.2 million in 2023. The market is expected to grow at a CAGR of more than 3% during 2023-2033. A Spirometer is used to measure the amount of air inhaled or exhaled by a patient and the rate at which the air is moved into or out of the lungs in a lung function test. It has applications in the diagnosis and monitoring of diseases such as asthma, and chronic obstructive pulmonary disease.
Spirometers Market Outlook, 2023-2033 ($ Million)
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The Spirometers market research report has been created to understand market behavior, which will help identify quantitative market trends in the Patient Monitoring therapeutic area. It discusses in detail the impact of COVID-19 on the Spirometers market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $109.2 Million |
CAGR (2023-2033) | >3% |
Forecast Period | 2024-2033 |
Historical Period | 2015-2023 |
Key Regions | · Europe
· North America · Asia Pacific · South Central America · Middle East and Africa |
Key Segments | · PC Based Spirometers
· Portable and Handheld Spirometers |
Leading Companies | · Vyaire Medical Inc
· Vitalograph Ltd · Medical International Research Srl · Cosmed Srl · Schiller AG |
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Spirometers Market Dynamics
The Spirometers market is primarily driven by the increase in the aging population and the increase in primary pulmonary pathological conditions (COPD and asthma). This rising number of COPD patients results in a direct increase in the size of the acute care hospitals market and the home care market. This trend is expected to continue, resulting in an increase in the size of the home care and hospital market for spirometers.
Spirometers Market Segmentation by Regions
The key regions in the Spirometers market are North America, Europe, Asia Pacific, South America, and the Middle East & Africa. In 2023, North America dominated the overall Spirometers market and is expected to continue to grow over the forecast years. The demand for Spirometers will rise owing to the increasing pulmonary and post-operative patient populations and enhanced portability and reliability of spirometers. The US is the larger contributor to the regional market, followed by Canada.
Spirometers Market Analysis, by Regions, 2023 (%)
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Spirometers Market Segments
The key segments in the Spirometers market are PC based Spirometers and Portable and Handheld Spirometers. PC based Spirometers accounted for the highest share of the Spirometers market in 2023. With increasing reliability, cost-effective and user-friendly PC interfaces, PC based spirometers are expected to stably increase in market value for post-operative patient monitoring purposes.
A PC based Spirometer is a device that consists of a mouthpiece, connectors & tubing, and monitor and is attached to a software-installed computer. The device is reliable and fast in measuring pre/post-bronchodilator forced vital capacity (FVC), Slow Vital Capacity (SVC), and Maximal vital capacity (MVV) testing.
Spirometers Market Analysis, by Segments 2023 (%)
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Spirometers Market - Competitive Landscape
A few of the leading companies in the Spirometer market are:
- Vyaire Medical Inc
- Vitalograph Ltd
- Medical International Research Srl
- Cosmed Srl
- Schiller AG
Vyaire Medical Inc. dominated the market in 2023, followed by Vitalograph Ltd.
Spirometers Market Analysis, by Companies 2023 (%)
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Segments Covered in the Report
Spirometers Segments Outlook (Value, $ Million, 2015-2033)
- PC Based Spirometers
- Portable and Handheld Spirometers
Spirometers Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Key Inclusions
Currently marketed Spirometers and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Spirometers market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Spirometers market.
- Competitive dynamics insights and trends provided for the Spirometers market.
Understand the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Vyaire Medical Inc, Vitalograph Ltd, Medical International Research Srl, Cosmed Srl, Schiller AG, NDD Medical Technologies Inc, Chest M.I. Inc, Hill-Rom Holdings Inc, Minato Medical Science Co Ltd, Recorders & Medicare Systems Pvt Ltd, Koninklijke Philips NV, Uscom Ltd and others
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Spirometers market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Spirometers market.
- Competitive dynamics insights and trends provided for the Spirometers market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Spirometers market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Spirometers market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Spirometers market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Spirometers market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Vitalograph Ltd
Medical International Research Srl
Cosmed Srl
Schiller AG
ndd Medical Technologies Inc
Chest M.I. Inc
Hill-Rom Holdings Inc
Minato Medical Science Co Ltd
Recorders & Medicare Systems Pvt Ltd
Koninklijke Philips NV
Uscom Ltd
Others
Frequently asked questions
-
What was the Spirometers market size in 2023?
The Spirometers market size was $109.2 million in 2023.
-
What will the Spirometers market growth rate be in the forecast period?
The Spirometers market is expected to grow at a CAGR of more than 3% during 2023-2033.
-
Which region dominates the Spirometers market in 2023?
North America dominated the overall Spirometers market in 2023.
-
Which segment led the Spirometers market in 2023?
The PC Based Spirometers segment led the market in 2023.
-
Which are the leading companies in the Spirometers market?
A few of the leading companies in the Spirometers market are Vyaire Medical Inc., Vitalograph Ltd, Medical International Research Srl, Cosmed Srl, and Schiller AG among others.
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