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Global Spirometer Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Fukuda Sangyo Co. Ltd., Geratherm Respiratory GmbH, Jones Medical Instrument Company, Koninklijke
Spirometer Market
Spirometer Market Size, Growth Rate, And Forecast
The global spirometer market size is expected to grow from $1.08 billion in 2022 to $1.16 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The spirometer market is expected to grow to $1.49 billion in 2027 at a CAGR of 6.5%.
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Spirometer Market Drivers
The increase in the prevalence of chronic respiratory diseases is expected to drive the demand for spirometer market going forward. Chronic respiratory diseases are chronic condition of the airways and other parts of the lung such as asthma, chronic obstructive pulmonary disease (COPD), lung cancer, cystic fibrosis, sleep apnea, and occupational lung diseases. Portable spirometers have been approved for diagnosing chronic obstructive pulmonary disease (COPD).
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Spirometer Market Segments
1) By Type: Handheld, Table Top, Desktop
2) By Technology: Volume Measurement, Flow Measurement, and Peak Flow Measurement
3) By Product: Devices, Consumables, and Accessories, Software
4) By Application: Asthma, COPD, Cystic Fibrosis, Pulmonary Fibrosis, Other Applications
5) By End-Use: Hospitals and Clinics, Home Healthcare
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Spirometer market.
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Spirometer Market Key Players
Major players in the spirometer market are Fukuda Sangyo Co. Ltd., Geratherm Respiratory GmbH, Jones Medical Instrument Company, Koninklijke Philips N.V., Ndd Medical Technologies Inc., nSpire Health Inc., Schiller AG, Sdi Diagnostics Inc., Sibelmed Sau, Smiths Medical Inc., Vitalograph Ltd., Vyaire Medical Inc., Welch Allyn Inc., Baxter International Inc., Benson Medical Instruments Co., Chest M.I. Inc., COSMED srl, Depisteo LLC, Henry Schein Inc., ICU Medical Inc., MGC Diagnostics Corporation, Midmark Corporation, Minato Medical Science Co Ltd., Nuvoair AB, OHD (SCHAUENBURG International, Philips Healthcare, Recorders & Medicare Systems Pvt Ltd., and Teleflex Incorporated.
The Business Research Company's "Global Spirometer Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Spirometer Market Include:
1. Executive Summary
2. Spirometer Market Characteristics
3. Spirometer Market Trends And Strategies
4. Spirometer Market - Macro Economic Scenario
5. Spirometer Market Size And Growth
……
27. Spirometer Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Spirometer Market
29. Spirometer Market Future Outlook and Potential Analysis
30. Appendix
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