Spirometer Market: Leading Players are Hill-Rom, Inc. (US) Midmark Corp. (US) Futuremed (US), COSMED (Italy) MGC Diagnostics Corporation (US)

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Spirometer Market by Product (Device, Consumables and Accessories, Software), Mechanism (Flow Sensor, Peak Flow Meter), Application (COPD, Asthma), End User (Hospital, Clinical Laboratory, Homecare, Industrial Setting) – Global Forecast to 2025

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The global spirometer market is projected to reach USD 1,285 million by 2025 from USD 799 million in 2020, at a CAGR of 11.1%. Market growth is largely driven by the rising global incidence of respiratory diseases, growth in the geriatric population, and technological advancements in spirometer devices. Opportunities for growth of the market exist in emerging economies on account of increasing pollution levels and rising awareness regarding COPD and other respiratory conditions.

List of Companies Profiled in the Report:

  • Hill-Rom, Inc. (US)
  • Midmark Corp. (US)
  • Futuremed (US),
  • COSMED (Italy)
  • MGC Diagnostics Corporation (US)
  • Vyaire Medical (US)
  • Medical International Research (Italy)
  • Vitalograph (UK)
  • ndd Medical Technologies (Zurich), Inc.
  • Schiller AG (Switzerland)
  • Jones Medical Instrument Company (US)
  • Sibelmed (Spain)
  • Recorders and Medicare Systems (India)
  • Smiths Medical (US)
  • Medline (US)
  • Teleflex (US)
  • CONTEC (China)
  • Fysiomed (Belgium)
  • Medikro (Finland)
  • Sdi Diagnostics (US)
  • CHEST M.I. (Japan), Inc
  • FUKUDA SANGYO Co. Ltd. (Japan)
  • Clarity Medical (India)
  • Guangzhou Medsinglong Medical Equipment Co., Ltd. (China).

“The consumables and accessories segment accounted for the highest growth rate in the spirometer market, by product segment, during the forecast period “

Based on product, the spirometer market is segmented into devices, consumables & accessories, and software. The consumables and accessories segment accounted for the largest share and highest CAGR in the spirometer market during the forecast period. The rising incidence of respiratory diseases and the growing geriatric population are the key factors driving the growth of this product segment.

“Flow- Sensing segment accounted for the highest growth rate of the spirometer market”

Based on mechanism, the spirometer market is segmented into flow-sensing spirometer and peak flow meters. The flow- sensing segment is projected to witness a higher growth rate during the forecast period. This can be attributed to the rising incidence of chronic respiratory diseases and technological advancements.

“COPD segment accounted for highest CAGR”

Based on application, the spirometer market is segmented into COPD, asthma, and other applications. The COPD segment accounted to show highest growth rate during the forecast period. The large share of this segment can be attributed to the high and growing prevalence of COPD globally and the easy diagnosis of COPD offered by spirometry.

Hospitals segment to register the highest growth rate during the forecast period”

Based on end user, the spirometer market is segmented into hospitals, clinical laboratories, home care settings, and industrial settings. The hospitals segment is expected to account for the highest share and CAGR. Rapidly growing aging population, the increase in reimbursements for clinical tests performed in hospitals, and the launch of advanced spirometer devices are the factors driving the growth to this market during the forecasted period.

Asia Pacific: The fastest-growing region spirometer market”

The global spirometer market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World (RoW). The Asia Pacific region is projected to grow at the highest CAGR during the forecast period in 2019. The large share of this market segment can be attributed to the increasing incidence of chronic respiratory diseases and the rising adoption of technologically advanced devices in the region.

The primary interviews conducted for this report can be categorized as follows:

  • By Company Type: Tier 1 – 36%, Tier 2 – 45%, and Tier 3 – 19%
  • By Designation: C-level – 33%, D-level – 40%, and Others – 27%
  • By Region: North America – 35%, Europe – 27%, Asia Pacific – 22%, Rest of the World- 16%

Research Coverage:

This report provides a detailed picture of the global spirometer market. It aims at estimating the size and future growth potential of the market across different segments, such as product, mechanism, application, end user, and region. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall spirometer market and its sub segments. It will also help stakeholders better understand the competitive landscape and gain more insights to position their business better and make suitable go-to-market strategies. This report will enable stakeholders to understand the pulse of the market and provide them with information on the key market drivers, challenges, opportunities, and trends.

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Table of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
Table 1 Inclusions & Exclusions
1.2.1 Markets Covered
1.2.2 Years Considered For The Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.2 Secondary Data
2.2.1 Secondary Sources
2.3 Primary Data
Figure 2 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 3 Market Size Estimation: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 4 Market Size Estimation: Top-Down Approach
2.4.3 Growth Forecast
2.5 Market Breakdown And Data Triangulation
Figure 5 Data Triangulation Methodology
2.6 Assumptions For The Study

3 Executive Summary
Figure 6 Spirometers Market, By Product, 2020 Vs. 2025 (USD Million)
Figure 7 Spirometers Market, By Mechanism, 2020 Vs. 2025 (USD Million)
Figure 8 Spirometers Market, By Application, 2020 Vs. 2025 (USD Million)
Figure 9 Spirometers Market, By End User, 2020 Vs. 2025 (USD Million)
Figure 10 Spirometers Market, By Region, 2020 Vs. 2025 (USD Million)

4 Premium Insights
4.1 Spirometers Market Overview
Figure 11 Rising Global Incidence Of Respiratory Diseases To Drive Market Growth During The Forecast Period
4.2 North American Spirometers Market Share, By Product
Figure 12 Consumables & Accessories Segment To Dominate The Spirometers Market In North America
4.3 Geographic Growth Opportunities
Figure 13 Asia Pacific Market To Witness The Highest Growth Rate During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 14 Spirometers Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Rising Incidence Of Respiratory Diseases
5.2.1.2 Growth In The Geriatric Population
Figure 15 Growth In Population, By Age Group
5.2.1.3 Technological Shift Towards Smartphone-Based Data Collection
Table 2 Key Product Launches In The Spirometers Market
5.2.2 Restraints
5.2.2.1 Time Required To Perform Tests
5.2.3 Opportunities
5.2.3.1 Emerging Economies
5.2.4 Challenges
5.2.4.1 Need For Skilled Professionals And The Possibility Of Inaccuracy
5.3 Covid-19 Impact On The Spirometers Market, 2020–2025
5.4 Adjacent Markets For The Spirometers Market
Table 3 Adjacent Markets For The Spirometers Market

6 Spirometers Market, By Product
6.1 Introduction
Table 4 Spirometers Market, By Product, 2016–2019 (USD Million)
Table 5 Spirometers Market, By Product, 2020–2025 (USD Million)
6.2 Consumables & Accessories
6.2.1 Consumables & Accessories Accounted For The Largest Market Share In 2019
Table 6 Spirometer Consumables & Accessories Market, By Region, 2016–2019 (USD Million)
Table 7 Spirometers Consumables & Accessories Market, By Region, 2020–2025 (USD Million)
6.3 Devices
Table 8 Spirometer Devices Market, By Region, 2016–2019 (USD Million)
Table 9 Spirometer Devices Market, By Region, 2020–2025 (USD Million)
Table 10 Spirometer Devices Market, By Type, 2016–2019 (USD Million)1
Table 11 Spirometer Devices Market, By Type, 2020–2025 (USD Million)
6.3.1 Pc-Based Spirometers
6.3.1.1 Ease Of Use And Low Cost Of Pc-Based Spirometers Make Them An Ideal Option In Hospitals And Clinical Laboratories
Table 12 Pc-Based Spirometers Market, By Region, 2016–2019 (USD Million)
Table 13 Pc-Based Spirometers Market, By Region, 2020–2025 (USD Million)
6.3.2 Portable Spirometers
6.3.2.1 Portable Spirometers Are Easy To Use And Are Thus Predominantly Used In Home Settings As Well As In Industries
Table 14 Portable Spirometers Market, By Region, 2016–2019 (USD Million)
Table 15 Portable Spirometers Market, By Region, 2020–2025 (USD Million)
6.3.3 Table-Top Spirometers
6.3.3.1 Table-Top Spirometers Account For A Relatively Smaller Share Of The Market Due To Their Limited Applications
Table 16 Table-Top Spirometers Market, By Region, 2016–2019 (USD Million)
Table 17 Table-Top Spirometers Market, By Region, 2020–2025 (USD Million)
6.4 Software
6.4.1 Software For Spirometers Helps In Data Capture And Analysis Of Patient Conditions
Table 18 Spirometers Software Market, By Region, 2016–2019 (USD Million)
Table 19 Spirometers Software Market, By Region, 2020–2025 (USD Million)

7 Spirometers Market, By Mechanism
7.1 Introduction
Table 20 Spirometers Market, By Mechanism, 2016–2019 (USD Million)
Table 21 Spirometers Market, By Mechanism, 2020–2025 (USD Million)
7.2 Flow-Sensing Spirometers
7.2.1 Rising Incidence Of Respiratory Diseases To Drive The Flow-Sensing Spirometers Market
Table 22 Flow-Sensing Spirometers Market, By Region,2016–2019 (USD Million)
Table 23 Flow-Sensing Spirometers Market, By Region,2020–2025 (USD Million)
7.3 Peak Flow Meters
7.3.1 Growing Awareness About Lung Disorders To Drive Market Growth
Table 24 Peak Flow Meters Market, By Region, 2016–2019 (USD Million)
Table 25 Peak Flow Meters Market, By Region, 2020–2025 (USD Million)

8 Spirometers Market, By Application
8.1 Introduction
Table 26 Spirometers Market, By Application, 2016–2019 (USD Million)
Table 27 Spirometers Market, By Application, 2020–2025 (USD Million)
8.2 Copd
8.2.1 Spirometry Is The Easiest Available Method For Copd Diagnosis
Table 28 Spirometers Market For Copd, By Region, 2016–2019 (USD Million)
Table 29 Spirometers Market For Copd, By Region, 2020–2025 (USD Million)
8.3 Asthma
8.3.1 High Prevalence Of Asthma To Drive The Use Of Spirometers For The Early Diagnosis Of The Disease
Table 30 Spirometers Market For Asthma, By Region,2016–2019 (USD Million)
Table 31 Spirometers Market For Asthma, By Region,2020–2025 (USD Million)
8.4 Other Applications
Table 32 Spirometers Market For Other Applications, By Region,2016–2019 (USD Million)60
Table 33 Spirometers Market For Other Applications, By Region,2020–2025 (USD Million)

9 Spirometers Market, By End User
9.1 Introduction
Table 34 Spirometers Market, By End User, 2016–2019 (USD Million)
Table 35 Spirometers Market, By End User, 2020–2025 (USD Million)
9.2 Hospitals
9.2.1 Increase In Reimbursements For Clinical Tests Performed In Hospitals To Drive The Growth Of This End-User Segment
Table 36 Spirometers Market For Hospitals, By Region, 2016–2019 (USD Million) 63
Table 37 Spirometers Market For Hospitals, By Region,2020–2025 (USD Million) 63
9.3 Clinical Laboratories
9.3.1 Large Number Of Clinical Laboratories Offer Spirometry Tests 2016–2019 (USD Million) 64
Table 38 Spirometers Market For Clinical Laboratories, By Region,2016–2019 (USD Million) 64
Table 39 Spirometers Market For Clinical Laboratories, By Region,2020–2025 (USD Million) 64
9.4 Home Care Settings
9.4.1 Widespread Use Of Incentive Spirometers And Peak Flow Meters In Home Care Settings To Drive Market Growth
Table 40 Spirometers Market For Home Care Settings, By Region, 2016–2019 (USD Million) 65
Table 41 Spirometers Market For Home Care Settings, By Region, 2020–2025 (USD Million) 65
9.5 Industrial Settings
9.5.1 Due To Their Ease Of Use, Portable Spirometers Are Predominantly Used In Industrial Settings
Table 42 Spirometers Market For Industrial Settings, By Region, 2016–2019 (USD Million) 66
Table 43 Spirometers Market For Industrial Settings, By Region, 2020–2025 (USD Million) 66

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