Product ID: SQMIG35A2503
Global Spirometer Market Size, Share, Growth Analysis, By Product(Devices, Hand Held), By Technology(Volume Measurement, Flow Measurement), By End-use(Hospitals and Clinics, and Home Healthcare) - Industry Forecast 2024-2031
Report ID:
SQMIG35A2503 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
92 |
Figures:
76
Global Spirometer Market Insights
Global Spirometer Market size was valued at USD 1.10 billion in 2022 and is poised to grow from USD 1.21 billion in 2023 to USD 2.64 billion by 2031, growing at a CAGR of 10.20% during the forecast period (2024-2031).
The global spirometer market is anticipated to grow driven by an increase in the incidence of chronic respiratory disorders, a growing desire for home healthcare, and advances in technology. Pollutants & irritants have a number of negative impacts on the lungs. For testing in a working context, spirometry gear aids in the identification of multiple respiratory illnesses such as severe chronic pulmonary disease, asthma, emphysema, and various other breathing problems. The global rise in COPD incidence is expected to drive up demand for lungs in the future years.
Companies are creating spirometers with enhanced design and features to ease the difficult procedure of testing for pulmonary function for patients and medical professionals. The primary goal is to create spirometers with increased yield and improved comfort for patients that are free of problems. Furthermore, businesses are implementing novel packing processes to prevent bacterial contamination. Such technological advancements make diagnostic procedures easier and more straightforward for patients.
Spirometry is rarely used to diagnose asthma in pediatric patients, especially in countries with limited resources where the burden of noncommunicable diseases is higher. Strategies to enhance the use of spirometry testing can help to lessen the burden of noncommunicable diseases. As a result, increased efforts to provide pediatric care, as well as the usage of sophisticated spirometry devices that standardized test results and provide prompt responses, are expected to fuel market expansion.
Patients' choice for medical care at home has grown in recent years. The concept of giving therapy to patients in the ease of their own homes is a fundamental driver driving market expansion. The rise in popularity of home healthcare has resulted in the creation of tele-spirometers. Another key driver of market expansion is the expanding older population. This population is predisposed to a number of chronic respiratory illnesses, which can be detected with spirometry. Furthermore, rising consumer knowledge of sophisticated methods for diagnosis is driving market expansion.
Numerous technological advances, such as the introduction of tiny and portable spirometers that can link to smart devices, have enabled physicians and hospitals to easily access patient data. Increased R&D for creating more efficient goods is also expected to drive market expansion.
Global Spirometer Market Report Snapshots
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