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Spirometer Market Share 2021: Global Business Size Analysis by Top Key Players, COVID Impact , Emerging Technology and Growth Forecast to 2027

Spirometer Market | 2021 Impact of COVID-19, Case Study Analysis, Key Opportunities and Major Players, Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, The global “Spirometer” Market is expected to showcase an exponential growth by exhibiting a CAGR of 4.7% between 2020 and 2027. This is attributable to the increasing focus on technological advancement in spirometer owing to the rising prevalence of chronic respiratory diseases globally. Fortune Business Insights, in its latest report, titled, “Spirometer Market Size, Share & COVID-19 Impact Analysis, By Product Type (Devices, Software, Accessories & Consumables), By Type (Volume Measurement and Peak Flow Meters), By Application (Chronic Obstructive Pulmonary Disorder (COPD), Asthma, and Others), By End User (Hospitals, Diagnostic Centers, Homecare Settings, Physician/Primary Care Offices or Clinics, and Other Facilities), and Regional Forecast, 2020-2027,” observes that the market stood at USD 504.2 million in 2019 and is projected to reach USD 716.8 million by 2027.

Major Spirometer Market Key players covered in the report include:

  • ndd Medizintechnik AG (Zurich, Switzerland)
  • COSMED srl (Rome, Italy)
  • MGC Diagnostics Corporation (Minnesota, U.S)
  • Morgan Scientific (Massachusetts, U.S)
  • Chest M.I., Inc. (Tokyo, Japan)
  • VYAIRE (Illinois, U.S)
  • Ganshorn Medizin Electronic GmbH (Niederlauer, Germany)
  • Medical International Research (MIR) (Rome, Italy)
  • Other Players

 

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Spirometer Market Analysis 2021:

DRIVING FACTORS

Technological Advancement in Products to Surge Demand

The increasing prevalence of chronic respiratory diseases is propelling the demand for advanced spirometer across the globe. Lung function tests are vital to evaluate the proper functioning of the lungs and the increasing technological advancements are enabling the companies to invest in the development of advanced diagnostic tools. Moreover, favorable government support is driving the start-ups to develop innovative spirometer devices. This is expected to bode well for the growth of the global spirometry market during the forecast period. For instance, in January 2020, the U.S. Food and Drug Administration approved NuvoAir’s connected spirometry device for sale across the country. The portable device provides accurate indications of the prevalence of cystic fibrosis, asthma, and COPD in the patient.

SEGMENTATION

Volume Measurement Segment to Remain at the Forefront Backed by Increasing Application for Diagnostic

The volume measurement segment, based on type, is expected to remain dominant owing to the increasing demand for volume measurement tests to detect respiratory diseases.

REGIONAL INSIGHTS

North America to Remain Dominant; Presence of Established Players to Aid Growth

Among all the regions, the market in North America is expected to dominate and hold the largest global spirometry market share in terms of revenue during the forecast period. The North America market was valued at 252.6 million in 2019. This is attributable to the presence of established players that are focusing on developing advanced spirometer in countries such as the U.S. in the region.

Asia-Pacific is anticipated to showcase an exponential growth backed by the increasing number of companies entering the untapped Asian countries that presents lucrative business opportunities between 2020 and 2027.

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Spirometer Highlights of the Report:

  1. Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
  2. Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  3. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  4. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  5. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market

COVID-19 Leads to Disruption in Supply Chain of Medical Devices

The global pandemic has led to the unavailability of locally sourced raw materials and parts across the globe. This has largely impacted the supply of medical devices, especially from the distributors in China. In addition to this, the shutting down of several Pulmonary Functions Tests (PFTs) labs, and testing centers, among others in the affected areas are expected to impact the number of patients opting for chronic obstructive pulmonary disease (COPD) treatment. This is expected to hinder growth to some extent. However, safety guidelines issued by international healthcare organizations such as the American Thoracic Society to follow amid the COVID-19 are expected to increase the test volume measurement and the demand for spirometer in the near future.

A spirometer is a type of apparatus that is used to measure the volume of air inhaled and exhaled by the lungs. It is used to diagnose COPD, asthma, and other respiratory conditions that affect breathing in patients. Additionally, it is used to periodically monitor the patient’s lung condition and check whether the treatment for his chronic lung condition is aiding in to breathe better.

COMPETITIVE LANDSCAPE

Product Launches by Major Companies to Consolidate Their Market Positions

The market comprises of several major companies that are striving to maintain their stronghold by introducing advanced spirometer and expand their product portfolios. Additionally, the other key players are adopting strategies such as merger and acquisition, partnership, and collaboration to maintain their presence and gain a competitive edge over their rivals. This is further expected to bode well for the growth of the global spirometer market in the forthcoming years.

Industry Development:

  • August 2020 – Queset Medical, Inc., a leading distributor of supplies for testing devices, announced the launch of its PFT Anti-Viral Filters range that complies for the guidance for spirometer testing during the novel coronavirus.

Key questions answered in the report:

  1. What will the market growth rate of Spirometer market in 2027?
  2. What are the key factors driving the global Spirometer market?
  3. Who are the key manufacturers in Spirometer market space?
  4. What are the market opportunities, market risk and market overview of the Spirometer market?
  5. What are sales, revenue, and price analysis of top manufacturers of Spirometer market?
  6. Who are the distributors, traders and dealers of Spirometer market?
  7. What are the Spirometer market opportunities and threats faced by the vendors in the global Spirometer industry?
  8. What are sales, revenue, and price analysis by types and applications of Spirometer market?
  9. What are sales, revenue, and price analysis by regions of Spirometer industry?

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Table of Content:

1 Spirometer Market Overview

1.1 Spirometer Product Overview

1.2 Spirometer Market Segment by Type

1.3 Global Spirometer Market Size by Type (2015-2027)

1.3.1 Global Spirometer Market Size Overview by Type (2015-2027)

1.3.2 Global Spirometer Historic Market Size Review by Type (2015-2021)

1.3.2.1 Global Spirometer Sales Market Share Breakdown by Type (2015-2027)

1.3.2.2 Global Spirometer Market Share Breakdown by Type (2015-2027)

1.3.2.3 Global Spirometer Average Selling Price (ASP) by Type (2015-2027)

1.3.3 Global Spirometer Market Size Forecast by Type (2021-2027)

1.3.3.1 Global Spirometer Sales Market Share Breakdown by Application (2021-2027)

1.3.3.2 Global Spirometer Revenue Market Share Breakdown by Application (2021-2027)

1.3.3.3 Global Spirometer Average Selling Price (ASP) by Application (2021-2027)

1.4 Key Regions Market Size Segment by Type (2015-2021)

1.4.1 North America Spirometer Sales Breakdown by Type (2015-2027)

1.4.2 Europe Spirometer Sales Breakdown by Type (2015-2027)

1.4.3 Asia-Pacific Spirometer Sales Breakdown by Type (2015-2027)

1.4.4 Latin America Spirometer Sales Breakdown by Type (2015-2027)

1.4.5 Middle East and Africa Spirometer Sales Breakdown by Type (2015-2027)

2 Global Spirometer Market Competition by Company

2.1 Global Top Players by Spirometer Sales (2015-2021)

2.2 Global Top Players by Spirometer Revenue (2015-2021)

2.3 Global Top Players Spirometer Average Selling Price (ASP) (2015-2021)

2.4 Global Top Company Spirometer Manufacturing Base Distribution, Sales Area, Product Type

2.5 Spirometer Market Competitive Situation and Trends

2.5.1 Spirometer Market Growth Rate (2015-2021)

2.5.2 Global 5 and 10 Largest Company by Spirometer Sales and Revenue in 2019

2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Spirometer as of 2019)

2.7 Date of Key Company Enter into Spirometer Market

2.8 Key Company Spirometer Product Offered

2.9 Mergers and Acquisitions, Expansion

3 Global Spirometer Status and Outlook by Region (2015-2027)

3.1 Global Spirometer Market Size and CAGR by Region: 2015 VS 2021 VS 2027

3.2 Global Spirometer Market Size Market Share by Region (2015-2021)

3.2.1 Global Spirometer Sales Market Share by Region (2015-2021)

3.2.2 Global Spirometer Revenue Market Share by Region (2015-2021)

3.2.3 Global Spirometer Sales, Revenue, Price and Gross Margin (2015-2021)

3.3 Global Spirometer Market Size Market Share by Region (2021-2027)

3.3.1 Global Spirometer Sales Market Share by Region (2021-2027)

3.3.2 Global Spirometer Revenue Market Share by Region (2021-2027)

3.3.3 Global Spirometer Sales, Revenue, Price and Gross Margin (2021-2027)

3.4 North America Spirometer Market Size By Growth (2015-2027)

3.4.1 North America Spirometer Revenue By Growth (2015-2027)

3.4.2 North America Spirometer Sales By Growth (2015-2027)

3.5 Asia-Pacific Spirometer Market Size By Growth (2015-2027)

3.5.1 Asia-Pacific Spirometer Revenue By Growth (2015-2027)

3.5.2 Asia-Pacific Spirometer Sales By Growth (2015-2027)

3.6 Europe Spirometer Market Size By Growth (2015-2027)

3.6.1 Europe Spirometer Revenue By Growth (2015-2027)

3.6.2 Europe Spirometer Sales By Growth (2015-2027)

3.7 Latin America Spirometer Market Size By Growth (2015-2027)

3.7.1 Latin America Spirometer Revenue By Growth (2015-2027)

3.7.2 Latin America Spirometer Sales By Growth (2015-2027)

3.8 Middle East and Africa Spirometer Market Size By Growth (2015-2027)

3.8.1 Middle East and Africa Spirometer Revenue By Growth (2015-2027)

3.8.2 Middle East and Africa Spirometer Sales By Growth (2015-2027)

4 Global Spirometer by Application

4.1 Spirometer Segment by Application

4.1.1 Residential

4.1.2 Commercial

4.2 Global Spirometer Sales by Application: 2015 VS 2021 VS 2027

4.3 Global Spirometer Historic Sales by Application (2015-2021)

4.4 Global Spirometer Forecasted Sales by Application (2021-2027)

4.5 Key Regions Spirometer Market Size by Application

4.5.1 North America Spirometer by Application

4.5.2 Europe Spirometer by Application

4.5.3 Asia-Pacific Spirometer by Application

4.5.4 Latin America Spirometer by Application

4.5.5 Middle East and Africa Spirometer by Application

5 North America Spirometer Market Size by Country (2015-2027)

5.1 North America Market Size Market Share by Country (2015-2021)

5.1.1 North America Spirometer Sales Market Share by Country (2015-2021)

5.1.2 North America Spirometer Revenue Market Share by Country (2015-2021)

5.2 North America Market Size Market Share by Country (2021-2027)

5.2.1 North America Spirometer Sales Market Share by Country (2021-2027)

5.2.2 North America Spirometer Revenue Market Share by Country (2021-2027)

5.3 North America Market Size By Growth by Country

5.3.1 U.S. Spirometer Market Size By Growth (2015-2027)

5.3.2 Canada Spirometer Market Size By Growth (2015-2027)

6 Europe Spirometer Market Size by Country (2015-2027)

6.1 Europe Market Size Market Share by Country (2015-2021)

6.1.1 Europe Spirometer Sales Market Share by Country (2015-2021)

6.1.2 Europe Spirometer Revenue Market Share by Country (2015-2021)

6.2 Europe Market Size Market Share by Country (2021-2027)

6.2.1 Europe Spirometer Sales Market Share by Country (2021-2027)

6.2.2 Europe Spirometer Revenue Market Share by Country (2021-2027)

6.3 Europe Market Size By Growth by Country

6.3.1 Germany Spirometer Market Size By Growth (2015-2027)

6.3.2 France Spirometer Market Size By Growth (2015-2027)

6.3.3 U.K. Spirometer Market Size By Growth (2015-2027)

6.3.4 Italy Spirometer Market Size By Growth (2015-2027)

6.3.5 Russia Spirometer Market Size By Growth (2015-2027)

7 Asia-Pacific Spirometer Market Size by Country (2015-2027)

7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)

7.1.1 Asia-Pacific Spirometer Sales Market Share by Country (2015-2021)

7.1.2 Asia-Pacific Spirometer Revenue Market Share by Country (2015-2021)

7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)

7.2.1 Asia-Pacific Spirometer Sales Market Share by Country (2021-2027)

7.2.2 Asia-Pacific Spirometer Revenue Market Share by Country (2021-2027)

7.3 Asia-Pacific Market Size By Growth by Country

7.3.1 China Spirometer Market Size By Growth (2015-2027)

7.3.2 Japan Spirometer Market Size By Growth (2015-2027)

7.3.3 South Korea Spirometer Market Size By Growth (2015-2027)

7.3.4 India Spirometer Market Size By Growth (2015-2027)

7.3.5 Australia Spirometer Market Size By Growth (2015-2027)

7.3.6 Taiwan Spirometer Market Size By Growth (2015-2027)

7.3.7 Indonesia Spirometer Market Size By Growth (2015-2027)

7.3.8 Thailand Spirometer Market Size By Growth (2015-2027)

7.3.9 Malaysia Spirometer Market Size By Growth (2015-2027)

7.3.10 Philippines Spirometer Market Size By Growth (2015-2027)

Continue…

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