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2018 Spirometer Market Size, Share & Trends Analysis Report

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2018 Spirometer Market Size, Share & Trends Analysis Report

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DUBLIN, Aug. 23, 2018 /PRNewswire/ --

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The "Spirometer Market Size, Share & Trends Analysis Report By Type (Hand Held, Table Top, Desktop), By Technology, By Application (Asthma, COPD, Cystic Fibrosis), By End Use, By Region, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global spirometer market size is expected to reach around USD 1.3 billion by 2025, expanding at a CAGR of 9.4% over the forecast period

Chronic respiratory diseases are rising among adults and children worldwide. Over 2 billion people are currently estimated to be exposed to air pollution on a regular basis, driving the incidence rate of respiratory disorders. Diagnosis and monitoring of respiratory diseases has become crucial in hospitals as well as home settings.

Around 230 million people are affected by asthma across the globe. In addition, around 30% of pediatric hospitalizations are attributed to asthma. Asthma and related respiratory disorders have been increasing due to worsening environmental conditions. Spirometry is an effective method to diagnose and monitor respiratory health. The American Thoracic Society and the European Respiratory Society have been proactively working on the standardization of spirometry measurements and global guidelines.

The developed countries such as U.S. have reimbursement policies dedicated for spirometry through Medicare, Medicaid, and third-party insurance. The national spirometry amounts were increased due to revised Medicare Fee Schedule, 2018.

Further key findings from the report suggest:

  • Steadfast increase in prevalence of Chronic Obtrusive Pulmonary Diseases (COPD) and adoption of technologically advanced diagnostic devices are some of the key drivers accountable for the growth of spirometers market across the globe
  • In 2017, table top spirometers dominated the type segment in terms of revenue as they are widely used in hospitals, clinics, and other diagnostic centers
  • Desktop spirometers are likely to witness the fastest growth in the coming years as the computer-based spirometry has become more popular among physicians as it reduces paperwork and offers automatic result interpretation
  • Flow measurement spirometers dominated the technology segment in terms of revenue share in the year 2017. Peak flow measurement spirometers are anticipated to grow at the fastest rate over the forecast period
  • Among applications, COPD held majority of the market share in 2017 pertaining to steep rise in cases of COPD across the globe. Whereas, asthma is expected to grow at the fastest rate in the years to come
  • In the end use segment, hospitals and clinics held the largest market share in 2017 due to extensive use of spirometry in primary care settings. However, home healthcare is likely to experience impressive growth rate in the coming years
  • North America dominated the market in terms of revenue share in 2017 as it has a large patient base with respiratory disorders. On the other hand, Asia Pacific is projected to showcase the fastest growth rate due to emerging economies such as China and India
  • The market is witnessing developments of technologically advanced devices. In February 2015, Cohero Health, a U.S.-based company, received approval by the FDA for its hand held spirometer. This mobile spirometer is based on wireless technology and can be paired with computers, smart phones, and tablets for real-time monitoring and reporting
  • Some of the key players in the spirometer market are Smiths Medical, Schiller AG, Nihon Kohden Corporation, and others.

Key Topics Covered:

Chapter 1 Research Methodology
1.1 Information Procurement
1.2 Data Analysis

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation and Scope
3.1.1 Market driver analysis
3.1.1.1 Rise in prevalence of chronic respiratory diseases
3.1.1.2 Growing preference for home healthcare
3.1.1.3 Technological advancements in the field of spirometry
3.1.2 Market restraint analysis
3.1.2.1 Lack of standard policies in terms of reimbursement
3.2 Penetration & Growth Prospects Mapping
3.3 Spirometer Market - PESTLE Analysis
3.4 Industry Analysis - Porter's
3.5 Spirometer Market: Recent Trends and Advancements
3.6 Spirometer Market: List of Major Manufactures at Regional Level

Chapter 4 Spirometer: Type Estimates & Trend Analysis
4.1 Spirometer Market: Type Movement Analysis
4.2 Hand Held
4.2.1 Hand held spirometer market, 2014 - 2025 (USD Million)
4.3 Table Top
4.3.1 Table top spirometer market, 2014 - 2025 (USD Million)
4.4 Desktop
4.4.1 Desktop spirometer market, 2014 - 2025 (USD Million)

Chapter 5 Spirometer: Technology Estimates & Trend Analysis
5.1 Spirometer Market: Technology Movement Analysis
5.2 Volume Measurement
5.2.1 Volume measurement market, 2014 - 2025 (USD Million)
5.3 Flow Measurement
5.3.1 Flow measurement market, 2014 - 2025 (USD Million)
5.4 Peak Flow Measurement
5.4.1 Peak flow measurement market, 2014 - 2025 (USD Million)

Chapter 6 Spirometer: Application Estimates & Trend Analysis
6.1 Spirometer Market: Application Movement Analysis
6.2 Asthma
6.2.1 Asthma market, 2014 - 2025 (USD Million)
6.3 COPD
6.3.1 COPD market, 2014 - 2025 (USD Million)
6.4 Cystic Fibrosis
6.4.1 Cystic fibrosis market, 2014 - 2025 (USD Million)
6.5 Pulmonary Fibrosis
6.5.1 Pulmonary fibrosis market, 2014 - 2025 (USD Million)
6.6 Others
6.6.1 Others market, 2014 - 2025 (USD Million)

Chapter 7 Spirometer: End Use Estimates & Trend Analysis
7.1 Spirometer Market: End Use Movement Analysis
7.2 Hospitals and Clinics
7.2.1 Hospitals and clinics market, 2014 - 2025 (USD Million)
7.3 Home Healthcare
7.3.1 Home healthcare market, 2014 - 2025 (USD Million)

Chapter 8 Spirometry and Lung Volume Testing Market
8.1 Market Size & Forecasts, 2014 to 2025 for the Spirometry and Lung Volume Testing
8.2 Trend Analysis for the Spirometry and Lung Volume Testing

Chapter 9 Spirometer: Regional Estimates & Trend Analysis

Chapter 10 Competitive Landscape

  • Schiller AG
  • Smiths Medical
  • Vyaire Medical, Inc.
  • SDI Diagnostics, Inc.
  • Nihon Kohden Corporation
  • nSpire Health, Inc.
  • Fukuda Sangyo Co., Ltd.
  • SIBELMED
  • Labtech Ltd.
  • Vitalograph
  • Geratherm Respiratory GmbH
  • Philips
  • Welch Allyn

For more information about this report visit https://www.researchandmarkets.com/research/2bjddt/2018_spirometer?w=5

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