Tuesday, 02 January 2024 12:17 GMT

Spirometer Market By Type, Application, And Region Global Forecast 2023 2032


(MENAFN- Alliance News) The global spirometer market size is expected to reach USD 1.92 billion by 2028 according to a new study by Report Ocean. The report "Spirometer Market; Global opportunity analysis and industry forecast 2028" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The prominent factors responsible for the market growth for spirometer include an increase in the prevalence of respiratory diseases, increasing risk of occupational hazards, technology innovation, and favorable government initiatives. Moreover, the aging population also favoring the adoption of spirometers across the globe. For instance, according to estimates of the World Ageing (WA), in 2019, reported around 700 million individuals aged 65 years and above, across the globe. Thus, this large section of the population is contributing to the market growth for spirometers.

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Over the past few years, it is observed that there is a strong inclination towards home healthcare. The innovations in telemedicine and other government-sponsored digital initiatives have propelled the adoption of home-based care. The idea of providing a treatment option for the amputees and old age population at their location has boosted the adoption of the spirometer. This has led to the development of tele-spirometers, to cater population which cannot afford costly medical treatments.

With the ongoing pandemic of COVID-19, to contain the outbreak there was nationwide lockdown across the globe and all the out-patient facilities and non-emergency medical settings were shut down. Now, most of the countries have eased the restrictions and re-opening of healthcare facilities. This has enabled the rapid uptake of telemedicine services in the market, particularly in emerging and remote locations.

The market players in the spirometer industry are depending on partnerships and agreements to retain their market dominance. For instance, in January 2020, Swedish firm, NuvoAir signed a partnership agreement with Roche's subsidiary in Italy. According to the terms of the agreement, Roche will distribute the latter's respiratory technology for cystic fibrosis in the market across the country. Such agreement is expected to intensify competition among market players in the spirometer industry.

Segmentation:

Spirometer, Type Outlook (Revenue - USD Million, 2016 - 2028)

  • Handheld
  • Tabletop
  • Desktop

Spirometer, Technology Outlook (Revenue - USD Million, 2016 - 2028)

  • Volume Measurement
  • Flow Measurement
  • Peak Flow Measurement

Spirometer, Application Outlook (Revenue - USD Million, 2016 - 2028)

  • Asthma
  • COPD
  • Cystic Fibrosis
  • Pulmonary Fibrosis
  • Others

Spirometer, End-Use Outlook (Revenue - USD Million, 2016 - 2028)

  • Hospitals and Clinics
  • Home Healthcare

Spirometer, Regional Outlook (Revenue - USD Million, 2016 - 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Central & South America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Table of Content

Chapter 1: Global Spirometer Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Spirometer market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Spirometer Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Spirometer market Size Forecast (2023-2032).

Continue....

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of Spirometer market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the Spirometer market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the Spirometer market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate Spirometer business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

About Report Ocean:

Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

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