DUBLIN--(BUSINESS WIRE)--The "Spirometer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global spirometer market reached a value of US$ 714.6 million in 2019. Looking forward, the market is expected to reach a value of US$ 1,165.9 million by 2025, registering a CAGR of 8.5% during 2020-2025.
The increasing prevalence of respiratory disorders and improving healthcare infrastructure are the key factors driving the growth of the market. On account of the growing urbanization and changing lifestyles in the emerging economies, tobacco consumption amongst working professionals has increased significantly.
This, along with rising levels of air pollution, has resulted in an increased occurrence of lung disorders in these regions. Pollution enhances the burden on the lungs, which boosts the demand for pulmonary tests. Additionally, the rising geriatric population across the globe is another major factor contributing to the market growth. This population group is more susceptible to various chronic respiratory diseases that are detected through spirometers.
Moreover, the increasing awareness for sophisticated diagnostic techniques among the consumers is further favoring the market growth. Various technological advancements such as the introduction of portable and compact spirometers with connectivity to smart devices have enabled doctors and hospitals to access patient data conveniently. Increasing research and development (R&D) to introduce more efficient variants is also expected to create a positive outlook for the market.
The report has also analysed the competitive landscape of the market with some of the key players being Benson Medical Instruments, Chest M.I., Fukuda Sangyo, Hill-Rom Inc., Jones Medical Instrument Company, Medical International Research, Midmark Corporation, NDD Medizintechnik AG, Schiller AG, Vitalograph, Vyaire Medical, Welch Allyn Inc., etc.
Key Questions Answered
- How has the global spirometer market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the mechanism?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the disposable components?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global spirometer market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Spirometer Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Product
6.1 Consumables & Accessories
7 Market Breakup by Mechanism
7.1 Flow-Sensing Spirometers
7.2 Peak Flow Meters
8 Market Breakup by Application
9 Market Breakup by Disposable Components
10 Market Breakup by End-user
10.2 Clinical Laboratories
10.3 Home Care Settings
11 Market Breakup by Region
11.1 North America
11.4 Latin America
11.5 Middle East & Africa
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Benson Medical Instruments
16.3.2 Chest M.I.
16.3.3 Fukuda Sangyo
16.3.4 Hill-Rom Inc.
16.3.5 Jones Medical Instrument Company
16.3.6 Medical International Research
16.3.7 Midmark Corporation
16.3.8 NDD Medizintechnik AG
16.3.9 Schiller AG
16.3.11 Vyaire Medical Inc.
16.3.12 Welch Allyn Inc.
For more information about this report visit https://www.researchandmarkets.com/r/arqmej