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Europe Spirometer Market by Focusing Top Companies: Midmark Corporation, Welch Allynalong,MGC Diagnostics Corporation

10-05-2017 08:59 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

Europe Spirometer Market Report till 2024

Europe Spirometer Market Report till 2024

Spirometer Market report focus on Europe and Regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc.,By Product Type, End-Users, Distribution Channel, Country (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe) – Industry Trends and Forecast to 2024

Europe Spirometer Market is expected to reach USD 362.0 million by 2024 from USD 177.8 million in 2016, at a CAGR of 9.4% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The major factors driving the growth of this market are the increasing prevalence of respiratory diseases, increasing demand of homecare setting devices, rising number of smokers. On the other hand, weak reimbursement policies may hinder the growth of the market.

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Key Points:

Becton Dickinson and company is going to dominate the Europe spirometer market following with Midmark Corporation and Welch Allynalong with others such as Futuremed , COSMED, MGC Diagnostics Corporation , NIHON KOHDEN CORPORATION, CHEST M.I., Inc, Medical International Research , Vitalograph, nddMedizintechnik AG, Schiller, Jones Medical Instrument Company, SDI Diagnostics,Geratherm Respiratory GmbH, Thor, Fukuda Sangyo Inc., CONTEC MEDICAL SYSTEMS CO. LTD., Koninklijke Philips N.V., CardioTech.
• Table-top spirometermarket segment is expected to dominate the Europe spirometer market. However, hand-held spirometermarket segment is expected to grow at the highest CAGR.
• Chronic obstructive lung disease is expected to dominate the spirometer market segment.

Market Segmentation

The Europe spirometer market is segmented on the basis of
• Product type
• Technology
• Disease
• Disposable components
• Application
• End user
• Distribution channel

On the basis of product type, the Europe spirometer market is segmented into 3 types:
• table-top spirometer
• hand-held spirometer
• PC based spirometer

On the basis of technology, the Europe spirometer market is segmented into 3 types:
• Volume measurement spirometer
o Wet spirometers
o Dry spirometers
• Flow measurement spirometer
o Pneumo-tachograph systems
o Mass flow meters
• Peak flow meter

On the basis of disease, the Europe spirometer market is segmented into six types which include
• Asthma
• Bronchitis
• Emphysema
• Chronic obstructive
• Lung disease
• Lung cancer

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On the basis of disposable components, the Europe spirometer market is segmented into three types which include
• Filters
• Sensors
• Tubes
On the basis of application, the Europe spirometer market is segmented into two types which include
• Diagnostics
• Therapeutics
On the basis of end users, the Europe spirometer market is classified into
• Hospitals
• Clinics
• Homecare
On the basis of distribution channel, the Europe spirometer market is classified over the counter and direct tender.

Key Drivers:

Some of the major factors driving the market for spirometer market are increasing prevalence of respiratory diseases, increasing demand of homecare setting devices, rising number of smokers. These factors increase the demand for devices such as table-top spirometer and hand held spirometer.
• According to World Health Organization, Eastern Europe is having considerably higher death rate in infants due to respiratory diseases than in Western Europe.
• Home diagnosis of pulmonary functions by using home care spirometry which is also known as ambulatory spirometry is primarily used by the lung transplant patients or elderly population.
• In Europe, smoking and respiratory infection is a major cause of lung diseases. As the number of smokers are increasing, the rising incidence of respiratory diseases are also increasing thus the market growth of spirometer is also expanding due to the increased diagnosis rate.

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Related Report

Global Spirometer Market – Industry Trends and Forecast to 2024

Global Spirometer Market, By Product (Table-top, Hand-held, Desktop) Technology {Volume (Wet and Dry), Flow (Pneumotachograph, Mass Flow Meter), and Peak Flow Meter (PFM)} Application (Diagnostic and Therapeutic) End-user (hospital, clinic and homecare) Distribution Channel (OTC and Direct Tenders) Geography (North America, Europe, APAC, Latin America, MEA) – Industry Trends and Forecast to 2024

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Data Bridge Market Research
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