Global Spirometer Market: Overview
A medical device, which is used to measure the proper functioning of the lungs where the volume of air inhaled and exhaled from the lungs is measured after maximum inhalation by the patient, is known as a spirometer. This device helps in identification of different respiratory diseases such as bronchitis, a chronic lung disease that is obstructive, emphysema, asthma, and other breathing diseases for screening in an occupational environment. A spirometer is basically used to analyze lung function before surgery and makes a prediction of the respiratory diseases. Three major types of spirometers include desktop, hand-held, and table-top. A hand-held spirometer is used in general practice and home care by asthma patients and smokers, while, a table-top spirometer is broadly used in hospitals and clinics. Furthermore, a desktop spirometer is used for the diagnosis of chronic obstructive diseases, black lungs, tuberculosis, and other respiratory diseases.
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Global Spirometer Market: Growth Factors
Some major factors that are responsible for the spirometer market growth are increasing government support and prevalence of tobacco smoking, rising cases of respiratory diseases that include COPD, asthma, bronchitis, and emphysema. Rapid urbanization, changing lifestyle, rising level of pollution, growing geriatric population, and increasing healthcare expenditure is expected to drive the growth of the market. Technological up gradation in the respiratory care devices, growing awareness regarding monitoring and advanced respiratory care therapeutic devices, and rise in the use of the spirometers are major factors influencing the market growth. However, lack of financial assistance and awareness about the symptoms of respiratory diseases is expected to restrain the spirometer market.
Global Spirometer Market: Segmentation
The global spirometer market is segmented globally on the basis of technology, end users, product, and application. Based on technology, the market is segregated into flow measurement spirometer, volume measurement spirometer, and peak flow meter. The end users segment is bifurcated into the hospital, homecare, and clinics. Based on the product, the market is classified into a desktop spirometer, table-top spirometer, and hand-held spirometer. The table-top spirometer segment is the dominating, as it is compact in size. The application segment is divided into therapeutic and diagnostic. The diagnostic application segment is extensively used for diagnosis of various respiratory diseases.
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Global Spirometer Market: Regional Analysis
Increasing geriatric population and growing need for regulations to check the patient’s respiratory status in the North America is expected to fuel the spirometer market growth. Growing prevalence of the respiratory diseases and technological advancement in the respiratory monitoring devices will give rise to the market growth in this region. The presence of a large pool of patients and refining healthcare infrastructure in the Asia-Pacific region is expected to drive the spirometer market. Increasing incidences of respiratory diseases and increasing healthcare expenditure in the developing countries such as India and China is positively impacting the market.
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Global Spirometer Market: Competitive Players
Major market players dominating the global spirometer market are Medical International Research, Welch Allyn Inc., Midmark Corporation, Carefusion Corporation, Schiller AG, Cosmed, NDD Medical Technologies Inc., and Philips Healthcare. Other influencing market players include Vitalograph, MGC Diagnostics Corporation, Futuremed, Jones Medical Instrument Company, SDI Diagnostics, and Nihon Kohden Corporation.
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