Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1223.07 Million | USD 2962.75 Million | 10.33% | 2023 |
The Portable Spirometry Devices Market size was worth around USD 1223.07 Million in 2023 and is predicted to grow to around USD 2962.75 Million by 2032 with a compound annual growth rate (CAGR) of roughly 10.33% between 2024 and 2032.
The report covers a forecast and an analysis of the portable spirometry devices market on a global and regional level. The study provides historical data from historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes the drivers and restraints of the portable spirometry devices market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the portable spirometry devices market on a global level.
In order to give the users of this report a comprehensive view of the portable spirometry devices market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
A portable spirometer is a respiratory device that measures the volume of air inhaled and exhaled through the lungs. The device is used for testing one’s pulmonary function. Various lung-related diseases are eradicated through portable spirometry devices. Portable spirometers evaluate the outcome of disease treatment and whether they need adjustments or not. It is the most appropriate tool for testing the lung function before undergoing any type of surgery. A spirometer is also used to check if the chemicals used during work are impacting the lung functioning. Spirometry devices are used to diagnose COPD, asthma, silicosis, tuberculosis, cystic fibrosis, black lung, etc.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new device type launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
Growing prevalence of COPD is attributed to the environmental changes and rising levels of air pollution. COPD accounts for the most common lung disorders in the world and is responsible for almost 4 million deaths globally. As per the United States Department of Health and Human Services, more than 850,000 people were detected with COPD in 2012. Earlier research studies showed that, in more than 40% cases, the disease remained undiagnosed. Additionally, the worsening air pollution levels and changes in the environmental conditions have raised asthma cases. Urbanization and rapid industrial development, changes in lifestyle, growing population, and rising healthcare expenses are likely to boost the portable spirometry devices market globally.
The global portable spirometry devices market is categorized on the basis of technology, application, and end-user.
By technology, the market includes flow-sensing spirometry devices, peak flow meters, and volume measurement.
By application, the market is divided into asthma, COPD, cystic fibrosis, pulmonary fibrosis, and others.
By end-user, the market is fragmented into home healthcare, ambulatory surgical centers, hospitals and clinics, and others.
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Portable Spirometry Devices Market |
Market Size in 2023 | USD 1223.07 Million |
Market Forecast in 2032 | USD 2962.75 Million |
Growth Rate | CAGR of 10.33% |
Number of Pages | 110 |
Key Companies Covered | Vyaire Medical, NuvoAir, Vitalograph, ndd Medizintechnik, nSpire Health, Smiths Medical, Philips Healthcare, Cosmed, Geratherm Medical, Progetti, Sibelmed, and Ganshorn Medizin Electronic |
Segments Covered | By technology, By application, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America held a major share of the global portable spirometry devices market in 2018. Growing awareness about preventive care and increasing prevalence of respiratory disorders are boosting the region’s portable spirometry devices market. The market in the U.S. is likely to expand owing to the presence of a large patient population and the early adoption of cutting-edge technology. The Asia Pacific portable spirometry devices market is likely to show the highest CAGR in the years ahead, owing to the rising healthcare expenditure and growing awareness of people about the availability of respiratory care monitoring and therapeutic devices in the region.
Some leading players in the global portable spirometry devices market include
Global Portable Spirometry Devices Market: Technology Analysis
Global Portable Spirometry Devices Market: Application Analysis
Global Portable Spirometry Devices Market: End-User Analysis
Global Portable Spirometry Devices Market: Regional Analysis
FrequentlyAsked Questions
A portable spirometer is a respiratory device that measures the volume of air inhaled and exhaled through the lungs. The device is used for testing one’s pulmonary function.
Growing prevalence of COPD is attributed to the environmental changes and rising levels of air pollution. COPD accounts for the most common lung disorders in the world and is responsible for almost 4 million deaths globally.
According to a study, the global portable spirometry devices Industry size was $1223.07 Million in 2023 and is projected to reach $2962.75 Million by 2032.
The global portable spirometry devices market is expected to grow at a CAGR of 10.33% during the forecast period
North America held a major share of the global portable spirometry devices market in 2024. Growing awareness about preventive care and increasing prevalence of respiratory disorders are boosting the region’s portable spirometry devices market.
Some leading players in the global portable spirometry devices market include Vyaire Medical, NuvoAir, Vitalograph, ndd Medizintechnik, nSpire Health, Smiths Medical, Philips Healthcare, Cosmed, Geratherm Medical, Progetti, Sibelmed, and Ganshorn Medizin Electronic.
The global portable spirometry devices market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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