Health & Safety Industry Today

Global Spirometers Market (2015-2020): North America has the largest Market followed by Europe

The North America market for spirometers is followed by Europe. Asia is expected to witness high growth rate in the spirometersmarket in the next few years due to rise in the incidences of chronic diseases,increasing healthcare expenditure, mature western market and increasing awareness regardingthe availability of various respiratory care monitoring and therapeutic devices in the region.
Published 13 August 2015

Spirometer is a medical device designed to measure the air capacity of the lungs by measuringthe volume of air inhaled and exhaled by the organs.  Spirometers generatepneumotachograph , which helpsto measure  lung performance in order to diagnose and monitor patients’ respiratory disorders. Spirometer is used for the diagnosis of asthma, chronic obstructive diseases, tuberculosis, cystic fibrosis, silicosis, black lung, and other respiratory diseases.  Spirometers are used by physicians, payors, research and development industries, and patients for personal use. 

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Based onthe type of monitor, the spirometer market can be segmented into table-top and handheld. Technological advancements and rise in incidences of chronic disordersare some of the primary factors driving the spirometer market. The spirometers market can be divided into two categories :volume-measurement devices and flow-measurement devices. Volume-measurement devices include wet spirometers and dry spirometers. Flow-measurement devices includepneumo-tachographsystems and mass flow meters. Whole body plethysmographs, fully electronic spirometers, peak flow meters, pneumotachometers, incentive spirometers, tilt-compensated spirometers, and windmill-type spirometers are some of the types of spirometers. Based onapplication, the spirometers market can be segmented into diagnostic devices and monitoring devices.  Thespirometers market includes three types of products such as monitoring devices for home use, clinical trials devices, and diagnostic devices. 

North America has the largest market for spirometersdue totechnological advancements, government  regulations, rise in incidences of respiratory diseases, increasing healthcare expenditure,and improved healthcare infrastructure in this region. The North America market for spirometers is followed by Europe. Asia is expected to witness high growth rate in the spirometersmarket in the next few years due to rise in the incidences of chronic diseases,increasing healthcare expenditure, mature  western market and increasing awareness regardingthe availability of various respiratory care monitoring and therapeutic devices in the region.   

Technological advancements, high incidences of respiratory diseases, government initiatives , rise in the number of smokers, and growing aging population are some of the major factors that are expected to drive  the market for spirometers.  In addition, increasing focus on monitoring respiratory diseases, home  care use spirometer devices, and rise in awareness regardingsophisticated diagnostic techniques are expected to drive the market for spirometers. However, economic downturn, lack of awareness regarding respiratory diseases and related symptoms, andissues  related to the reimbursement are some of the major factors restraininggrowth of the global spirometersmarket. 

Growing population and economies  in the developing countries such as India and China is expected todrive  growth of the spirometer market in Asia.  In addition,technological advancements such as combination of cell phones and spirometers, which enable doctors or hospitalsto access data easily,and telemedicine services, government activities for use of spirometer devices  and increasing incidences of chronic diseases are expected to create new opportunities  for the global spirometersmarket. Increasing number of mergers and acquisitions, rise in the number of collaborations and partnerships, and product  launches are some of the latest trends in the global spirometersmarket. Some of the major companies operating in the global spirometers market areCareFusion, Schiller,Philips Healthcare, Welch Allyn,Inc. , Anhui Electronics Scientific Institute, and CardioTech.  In addition, other companies operating in the global spirometers market includeM &B, Geratherm Respiratory, Fukuda Sangyo, Medisoft, and Thor Medical Systems. 

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Key Points Covered in the Report
1) Market segmentation on the basis of type, application, product, and technology (as applicable)
2) Geographic segmentation

  • North America
  • Europe
  • Asia 
  • RoW

3) Market size and forecast for the various segments and geographies for the period from 2010 to 2020
4) Company profiles of the leading companies operating in the market
5) Porter’s Five Forces Analysis of the market

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