Press release
Global Spirometer Market Research Report: Full In-depth Analysis by Regional Outlook, Latest Trend, Share, Application, Growth and Forecast to 2024
Global Spirometer Market is expected to reach USD 1,041.3 million by 2024 from USD 553.9 million in 2016, at a CAGR of 8.3%. 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.Global spirometer market is segmented on the basis of product, technology, application, end-user, distribution channel, and geography.
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Market Segmentation:
The spirometer market is segmented on the basis of product type, technology, disease, disposable components, application and end-user and distribution channel.
On the basis of product type, the Global spirometer market is segmented into table-top spirometer, hand-held spirometer and pc based spirometer. In 2017, table-top spirometer is expected to dominate the Global spirometer market with 39.3% market share and is expected to reach USD 404.4 million by 2024, growing a CAGR of 8.2% in the forecast period 2017 to 2024.
On the basis of technology, the spirometer market is segmented into volume measurement spirometer, flow measurement spirometer and peak flow meter. In 2017, flow measurement spirometer is expected to dominate the Global spirometer market with 67.3% market share and is expected to reach USD 719.5 million by 2024, growing at a CAGR of 8.7% in the forecast period 2017 to 2024.
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On the basis of end-user, the Global spirometer market is segmented into hospitals, clinics and homecare. In 2017, hospitals is expected to dominate the Global spirometer market with 50.0% market share and is expected to reach USD 537.0 million by 2024, growing at a CAGR of 8.8% in the forecast period 2017 to 2024.
On the basis of distribution channel, the Global spirometer market is segmented into direct tender and over the counter.
Based on geography, the market is segmented into 5 geographical regions, North America, Global, Asia-Pacific, South America and Middle East and Africa.
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Major Players:
Some of the major players operating in the global spirometer market are Becton, Dickinson and Company, Philips Healthcare, Schiller, Welch Allyn, Inc., SDI Diagnostics, Cardiotech, MIR Medical International Research S.r.l, Vitalograph, MGC Diagnostics Corporation, NDD Medical Technologies, SDI Diagnostics, Jones Medical Corporation, Gerathern Respiratory GmbH, Thor Medical Systems, Fukuda Sangyo Inc., Nihon Kohden Corporation, and nSpire Health Inc., among others.
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