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(Medical-NewsWire.com, October 08, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Spirometer market for 2018-2023.
A spirometer is a device that gauges lung function by measuring the amount of air a patient is able to blow out of his lungs. A primary care physician or allergist may perform spirometry on a patient if he presents symptoms such as trouble breathing, wheezing, chest tightness or shortness of breath.
Factors responsible for growth of this market include aging population, technological advancements, rising incidences in smoking and asthma cases, and chronic obtrusive pulmonary diseases (COPD).
In 2016, Global Revenue of Spirometer is nearly 532 M USD; the actual production is about 750 K Units.
The classification of Spirometer includes Hand-held Spirometer, Table-top Spirometer, and Desktop (PC) Spirometer and the sales proportion of Table-top Spirometer in 2016 is about 58.4%.
Spirometer is widely used in Hospital, Clinic and Homecare. The most proportion of Spirometer formal is hospital and the proportion in 2016 is about 48.6%.
Table-top spirometer is widely used in clinics and hospitals. Desktop spirometer is mainly used to diagnose cases of chronic obstructive diseases, tuberculosis, black lung, and other respiratory diseases. Hand-held spirometer are user-friendly that makes them acceptable for use in general practice and homecare, especially by asthma patients and smokers.
North America is the largest supplier of Spirometer, with a revenue market share nearly 60% in 2016. Europe is the second largest supplier of Spirometer, enjoying revenue market share nearly 21.6% in 2016.
North America is the largest consumption place, with a consumption market share nearly 37.1% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 27%.
Market competition is not intense. BD (CareFusion), Schiller, Welch Allyn, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Over the next five years, this report projects that Spirometer will register a 10.7% CAGR in terms of revenue, reach US$ 1070 million by 2023, from US$ 580 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Spirometer market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Hand-held Spirometer
Table-top Spirometer
Desktop (PC) Spirometer
Segmentation by application:
Hospital
Clinic
Homecare
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
BD (CareFusion)
Schiller
Welch Allyn
CHEST. MI.
MIR
Vitalograph
MGC
Futuremed
Fukuda Sangyo
NDD
SDI Diagnostics
Geratherm
Cosmed
Medikro
Anhui Electronics Scientific Institute
Contec
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Spirometer consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Spirometer market by identifying its various subsegments.
Focuses on the key global Spirometer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Spirometer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Spirometer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Source: EmailWire.Com 
Source: EmailWire.com
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