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Post : $1+ Billion Global Spirometer Market by 2023 – Lucrative Opportunities in Emerging Economies – ResearchAndMarkets.com
URL : https://area-info.net/1-billion-global-spirometer-market-by-2023-lucrative-opportunities-in-emerging-economies-researchandmarkets-com-2/
Posted : February 12, 2019 at 6:00 am
Author : leverton
Tags : b2b content marketing, business news, local seo, online reputation management, press releases, reputation management, seo marketing, seo services, small business seo

DUBLIN--(BUSINESS WIRE)--The "Spirometer
Market by Product (Device, Consumables, Accessories, Software),
Mechanism (Flow Sensor, Peak Flow Meters), Application (COPD, Asthma),
End User (Hospital, Clinical Laboratories, Home care, Industrial
Settings) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's
offering.

https://mms.businesswire.com/media/20190211005556/en/371054/21/ResearchAndMarkets_800px.jpg

The spirometry equipment market is projected to reach USD 1,047 million
by 2023 from USD 655 million in 2018, at a CAGR of 9.8% during the
forecast period.

The rising global incidence of chronic respiratory diseases, increasing
global aging population, and technological shifts in spirometer devices
toward smartphone-based data connectivity and analysis are factors
expected to drive market growth during the forecast period. Emerging
economies with growing industrialization are also expected to provide
opportunities for the growth of the market.

Consumables & accessories accounted for a significant share
of the market in 2018

By product, the spirometry equipment market is segmented into
consumables & accessories, devices, and software. The devices segment is
further categorized into PC-based, portable, and table-top spirometer
devices. In 2018, the consumables & accessories segment accounted for
the largest market share. This segment is also expected to grow at the
highest CAGR during the forecast period. The rising incidence of chronic
respiratory diseases and technological advancements are driving the
growth of this product segment.

COPD segment accounted for the largest share of the
spirometry equipment market in 2018

On the basis of application, the spirometry equipment market is
segmented into COPD, asthma, and other applications. In 2018, the COPD
segment accounted for the largest share of the spirometry equipment
market. The large share of this segment can be attributed to the rising
global prevalence of respiratory diseases and the increasing global
aging population.

North America dominated the spirometry equipment market in
2018

North America, which includes the US, Canada, and Mexico, accounted for
the largest share of the spirometry equipment market. The large share of
this market segment can be attributed to the increasing incidence of
chronic respiratory diseases in this region. In addition to this, the
increasing aging population is also driving the growth of this market.

Market Dynamics

Drivers

Rising Incidence of Respiratory Diseases

Growth in Geriatric Population

Technological Shift Towards Smartphone-Based Data Collection

Restraints

Time Required to Perform the Test

Opportunities

Emerging Economies

Challenges

Need for Skilled Professionals and the Possibility of Inaccuracy

Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market
Definition
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.2 Primary Data
2.3
Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.5
Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Spirometers: Market Overview
4.2 North
America: Spirometers Market, By Product (2018)
4.3 Geographical
Snapshot of the Spirometers Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics

6 Spirometers Market, By Product
6.1 Introduction
6.2
Consumables & Accessories
6.3 Devices
6.4 Software

7 Spirometers Market, By Mechanism
7.1 Introduction
7.2
Flow-Sensing Spirometers
7.3 Peak Flow Meters

8 Spirometers Market, By Application
8.1 Introduction
8.2 COPD
8.3
Asthma
8.4 Other Applications

9 Spirometers Market, By End User
9.1 Introduction
9.2
Hospitals
9.3 Clinical Laboratories
9.4 Home Care Settings
9.5
Industrial Settings

10 Spirometers Market, By Region
10.1 Introduction
10.2 North
America
10.3 Europe
10.4 Asia Pacific
10.5 Rest of the
World

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
Analysis, 2017
11.3 Key Strategies
11.4 Competitive Leadership
Mapping (2017)
11.5 Competitive Leadership Mapping for Startups
(2017)

12 Company Profiles
12.1 Hill-Rom
12.2 Vyaire Medical
12.3
Fukuda Sangyo
12.4 Chest M.I.
12.5 Schiller AG
12.6 MGC
Diagnostics
12.7 Medical International Research
12.8 NDD
Medizintechnik AG
12.9 Vitalograph
12.10 Midmark Corporation

For more information about this report visit https://www.researchandmarkets.com/research/l3k3m5/1_billion?w=4

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Related
Topics: Respiratory
Devices

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