At 11.5% CAGR, The Global Spirometer Market to Garner US$ 1,907.36 million by 2028 - Global Analysis by The Insight Partners

According to our new research study on "Spirometer Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Technology, and Application," the market is expected to grow from US$ 893.71 million in 2021 to US$ 1,907.36 million by 2028. It is estimated to grow at a CAGR of 11.5% during 2022-2028.

A spirometer is a diagnostic device that measures the circulation of air into and out of the lungs. Obstructive and restrictive aberrant ventilation patterns are identified using the spirogram. A spirometer is the primary preferred equipment used for basic pulmonary function tests (PFTs). The tests may rule out lung illnesses, including asthma, bronchitis, and emphysema. Furthermore, a spirometer is frequently used to determine the cause of breath shortness, analyze the influence of pollutants on lung function, the effect of medicine, and evaluate the treatment progress of the disease.

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Based on type, the spirometer market is segmented into handheld spirometers, table-top spirometers, and desktop spirometers. The table-top spirometers segment accounted for the largest share of the market in 2022. However, the handheld spirometers segment is anticipated to register the highest CAGR in the market during the forecast period. The handheld spirometer is used to test the lungs at home without the hassle of a doctor's visit. Some portable spirometry devices function independently, while others pair with a smartphone app to provide extra information.

Leading players formulating the competitive landscape of the global Spirometer market are:
Jones Medical Instrument Company; Benson Medical Instruments Co.; NUVOAIR U.S, INC. (NUVOAIR AB); Teleflex Incorporated; Vyaire Medical, Inc.; COSMED srl; Depisteo LLC; Henry Schein, Inc; Baxter International Inc.; and ICU Medical Inc. are among the leading companies operating in the spirometer market.

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Organic developments, including product launches, are highly adopted strategies by the global spirometer market players. A few of the recent key market developments are listed below:
In November 2021, COSMED launched the 2nd generation of OMNIA software, the most comprehensive data management platform for metabolic, lung function, and body composition assessment.

In April 2021, the US FDA cleared NuvoAir's Air Next connected spirometer device. According to the FDA's premarket notification database, the Stockholm, Sweden-based company submitted its application in November 2018.

On the basis of geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), the Middle East and Africa (the UAE, Saudi Arabia, South Africa, and Rest of the Middle East and Africa), and South and Central America (Brazil, Argentina, and the Rest of South and Central America).

Market players operating in the Spirometer market also adopt organic strategies such as product launch and expansion to outstretch their footprint and product portfolio worldwide and meet the growing demand.

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