Global Spirometer Market Is Expected To Reach US$1,763.4 Million At A CAGR Of 11.87% By 2028: Verified Market Research®

The increasing prevalence of respiratory diseases, the aging population and the technological trend towards smartphone-based data collection will all contribute to an increase in the Spirometer market revenue.

JERSEY CITY, NJ, September 15, 2022 /PRNewswire/ — Verified Market Research recently published a report: “market for spirometers” By type (handheld, benchtop, desktop), by technology (flow rate spirometer, volumetric spirometer), by end user (hospital, clinical laboratory, home care), by application (therapeutic, diagnostic) and by geography.

According to an extensive study of the Spirometers market by Verified Industry Research, the market has been assessed $715.6 million in 2020 and is expected to be achieved $1,763.4 million to 2028 and growing at a CAGR of 11.87% from 2021 to 2028.

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37 – Numbers

Important Developments

Partnerships, collaborations and agreements

  • in the January 2020, NuvoAir has partnered with Roche Italy and Roche is deploying NuvoAir digital airway technologies to cystic fibrosis centers everywhere Italy. This is expected to increase the competition in the market in the coming years.

mergers and acquisitions

  • in the November 2017, MGC Diagnostics Corporation, a global technology company, announced that it has agreed to an acquisition by Altus Capital Partners, Inc. affiliates. Altus is an investment firm looking to invest in mid-market manufacturing companies for regulation.

Product launches and product enhancements

  • in the April 2021, Vitalograph Introducing the next generation Pneumotrac spirometer in the US and other updated Spirotrac 6 software.

Global Spirometer Market Overview

A spirometer is a medical instrument used to calculate the amount of air inhaled and expelled by the organs to determine the air capacity of the lungs. Ventilation, or airflow in and out of the lungs, is measured with this instrument. Obstructive and restrictive abnormal ventilation patterns are categorized using the spirogram.

Due to rising air pollution and other environmental changes, COPD is becoming more and more common. This is the main reason behind the growth of the global spirometer market. In addition, the increased health risks of the aging population and the technological shift towards smartphone-based data collection, which offers greater accuracy and efficiency in test interpretation, are expected to drive the market expansion.

The treatment of many diseases can greatly benefit from early detection and diagnosis. Spirometry is a crucial technology in this regard, helping to determine the severity of the infection and avoiding misdiagnosis. Therefore, the spirometer market can be expected to expand given the increasing prevalence of these respiratory diseases.

key figures

The main players in the market are Schiller AG, MGC Diagnostics Corporation, Medical International Research, Welch Allyn, Inc., Philips Healthcare, Fukuda Sangyo, Nihon Kohden Corporation, Labtech Ltd., nSpire Health, Inc. and Smiths Medical.

Verified Market Research has segmented the global spirometer market based on type, technology, end-user, application and geography.

  • Spirometers Market by Type
    • Handy
    • tabletop
    • writing desk
  • Spirometers Market by Technology
    • Flow measurement spirometer
    • Spirometer for volume measurement
    • peak flow meter
  • Spirometer Market, by End User
    • hospital
    • Clinical Laboratories
    • home care
    • Industrial settings
  • Spirometers Market by Application
  • Spirometers Market by Geography
    • North America
    • Europe
      • Germany
      • France
      • United Kingdom
      • the rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • the rest of Asia Pacific
    • THE LINE
      • middle East & Africa
      • Latin America

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