The spirometer market will grow at a CAGR of 10.8% | Increasing popularity of chronic obstructive pulmonary disease and asthma to stimulate business opportunities, growth plus report – QNT Press Release

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Pune, December 13, 2021 (GLOBE NEWSWIRE) – The latest trend report based on the Growth Plus Report, titled “Spirometer market By product (equipment, consumables and accessories, and software), type (flow-sensing spirometer and peak flow meter), application (COPD and asthma), end user (hospital, clinical laboratory, and home care setting)-global outlook and forecast 2021-2031″ Due to the increasing incidence of chronic respiratory diseases such as chronic obstructive pulmonary disease, asthma and chronic bronchitis, it is expected to reach approximately US$2.43 billion by 2031.

Excerpt from “Competitive Landscape”

Some well-known companies operating in the global spirometer market include

  • Teleflex
  • Vyaire Medical, Inc
  • Chest MI, Inc
  • Hillrom Service Company
  • Fukuda industrial co., ltd.
  • Danley Medical Products Company
  • Smith Medical
  • Schiller
  • Cosmed Srl
  • Jones Medical Devices Company

Request a sample copy of the research report: https://growthplusreports.com/request-sample-report/?spirometer-market

Growth engine

  • Spirometers can be used to diagnose and monitor lung conditions or respiratory diseases.
  • The increasing incidence of various respiratory diseases has led to an increasing demand for diagnosis of these diseases.
  • Companies in the market focus on obtaining regulatory approvals and launching new devices.
  • For example, in March 2021, Vyaire Medical launched the AioCare mobile spirometer system in more than 15 countries/regions in Europe, the Middle East, and Australia.
  • It enables doctors to quickly and accurately diagnose lung diseases including COPD and asthma. The release of such products is expected to drive market growth during the forecast period.

It analyzes the global spirometer market from five perspectives: product, type, application, end user and region.

Excerpt from “Segmented by Product”

According to the product, the spirometer market has been subdivided into equipment, consumables and accessories, and software. The device market segment is further divided into portable spirometers, desktop spirometers and PC-based spirometers. The consumables and accessories segment will account for the largest share of the spirometer market in 2020. The huge market share of this segment can be attributed to greater demand for spirometry consumables for asthma, chronic obstructive pulmonary disease (COPD) and other such diseases.

Excerpt from “Segmented by Region”

According to regions, the global spirometer market has been subdivided into North America, Europe, Asia Pacific and Rest of the World (RoW). North America will dominate the spirometer market with the largest share in 2020. Factors contributing to the growth of the spirometer market in the region include the increase in the elderly population and the increase in the prevalence of respiratory diseases, as well as the increased use of spirometers to diagnose COPD, asthma, and other respiratory diseases. In addition, there is an increasing tendency to manage respiratory diseases, such as…

The full story can be found on Benzinga.com

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