Spirometer Market Size is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 3.5%

A spirometer measures the air volume inhaled and exhaled during a single breathing cycle. The device facilitates the occupational diagnosis of various respiratory problems, such as chronic obstructive pulmonary disease, emphysema, asthma, and other respiratory diseases. Spirometers are one of the respiratory laboratories and clinics' most commonly observed tools. Spirometers can create a profile of a user's lung health. Clinicians, therefore, utilize spirometers as both a diagnostic and monitoring tool. Numerous benefits are associated with personalized spirometers for patient use outside the clinic. Regular spirometry can detect a decline in lung health or the progression of the disease considerably earlier. This allows the patient and physician to prevent or treat the condition before it worsens.

The global growth in the prevalence of chronic obstructive pulmonary disease (COPD) is ultimately pushing higher demand for spirometers. According to the World Health Organization (WHO), around 300 million people worldwide have asthma, and 250,000 have died. In 2019, around 65 million people globally had COPD, including approximately 16 million Americans; this figure is projected to rise in the coming years. In addition, the chronic obstructive pulmonary disease is one of the leading causes of morbidity and mortality in the United States. Numerous studies indicate that the general public is primarily uninformed of COPD. However, many individuals with respiratory symptoms are unaware that they require a diagnosis, which hinders the use of spirometers for identifying respiratory devices.

Major Key players profiled in the report include:
Teleflex Incorporated, Vyaire Medical, Inc., Chest M.I., Inc., Hillrom Services, Inc., Fukuda Sangyo Co., Danlee Medical Products, Inc., Smiths Medical, Schiller, Cosmed Srl, and Jones Medical Instrument Company, among others.

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Segmental Analysis:
The report has classified the global Spirometer market into segments including product type and application. Every segment is evaluated based on share and growth rate. Besides, the analysts have studied the potential regions that may prove rewarding for the Spirometer manufcaturers in the coming years. The regional analysis includes reliable predictions on value and volume, there by helping market players to gain deep insights into the overall Spirometer industry.

Market split by Type, can be divided into:
Products (Devices, Consumables & Accessories, and Software), Type (Flow-Sensing Spirometer and Peak Flow Meters), Application (COPD and Asthma), End User (Hospitals, Clinical Laboratories, and Homecare Settings)-.

Market split by Application, can be divided into:
Applications 1,Applications2,Applications14

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The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Spirometer market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Spirometer industry to help players plan effective expansion strategies.

Regions Covered in the Global Spirometer Market:
• North America (U.S., Canada)
• Europe (U.K., Germany, France, Italy)
• Asia Pacific (China, India, Japan, Singapore, Malaysia)
• Latin America (Brazil, Mexico)
• Middle East & Africa (Kuwait, Saudi Arabia Egypt)

Years Considered to Estimate the Market Size:
History Year: 2019-2020
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2022-2030

What market dynamics does this report cover?
The report shares key insights on:

Current market size
Market forecast
Market opportunities
Key drivers and restraints
Regulatory scenario
Industry trend
New product approvals/launch
Promotion and marketing initiatives
Pricing analysis
Competitive landscape

It helps companies make strategic decisions

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