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Spirometer Market - Potential Effect on Upcoming Future Growth | Leading Players are Care Fusion, Philips Healthcare, Welch Allyn, NuVoAir, Propeller Health, Medical International Research, Cardioline, Sibelmed, Cosmed
Difficulty in breathing is a major problem among people across the world. Spirometer is a common test / device used to diagnose and aid in treatment of certain lung diseases. It measures inhalation and exhalation volume of air in one breath. Spirometer is used to diagnose Chronic Obstructive Pulmonary Disease (COPD) and asthma. It is also used to monitor other lung conditions such as chronic bronchitis, pulmonary fibrosis, and emphysema.Spirometer Market Drivers
Increasing prevalence of respiratory diseases and disorders is expected to propel growth of the spirometer market. According to The World Health Organization’s (WHO) report 2016, around 235 million people suffer from asthma worldwide annually. COPD is a progressive, life -threatening disease, which causes blockage into the air tubes. Hence increasing number of respiratory disease demands for more spirometers and thus support the global spirometer market growth.
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Key players in the market are focused on launching new products, which is expected to boost growth of the spirometer market. For instance, in April 2018, NuvoAir AB launched smart wireless spirometer for home use. It is a small, wireless, and portable device that can be easily connected to smartphones via Bluetooth.
Spirometer Market- Regional Analysis
On the basis of region, the global spirometer market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to hold dominant position in the spirometer market. This is owing to increasing collaboration activities and high incidences of respiratory diseases and disorders in the region. For instance, in December 2016, Propeller Health collaborated with Medical International Research (MIR). Under this collaboration, Propeller Health incorporated MIR’s clinical spirometer into its digitally-guided respiratory therapy platform to improve management of respiratory conditions such as COPD and asthma.
Spirometer Market- Competitive Analysis
Key players operating in the spirometer market include Care Fusion, Philips Healthcare, Welch Allyn, NuVoAir, Propeller Health, Medical International Research, Cardioline, Sibelmed, Cosmed, Masimo Corporation and Fisher, and Paykel Healthcare Limited.
Spirometer Market – Taxonomy
By Technology:
Flow Measurement
Volume Measurement
Peak Flow Measurement
By Indication:
Asthma
COPD
Chronic Bronchitis
Pulmonary Fibrosis
Cystic Fibrosis
Emphysema
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