The global Spirometer Market is estimated to be valued at US$ 1,148.7 Mn or billion in 2023 and is expected to exhibit a CAGR of 9.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Spirometers are devices used to measure lung function by measuring the amount (volume) and/or speed (flow) of air that can be inhaled and exhaled. Spirometry is an important tool used to diagnose and monitor asthma, COPD and other lung diseases. Portable spirometers with advanced airflow sensor technology provide convenient lung function assessment outside of clinical settings, propelling their demand.

Market Overview: –

Spirometers primarily function on the principle of pneumotachography and range from simple devices to complex devices with integrated software. Advanced spirometers with digital technology and Bluetooth connectivity offer accurate, reproducible results and ease of data transfer. Their compact sizes allow for use in various healthcare settings as well as self-monitoring.

Market key trends: –

Rising prevalence of respiratory diseases worldwide has increased the demand for spirometers. Furthermore, growing geriatric population susceptible to lung ailments is a major driver for market growth. Technological advancements in spirometer design including portable devices and those with integrated software/apps for remote monitoring are gaining popularity. However, high cost of advanced lung function testing devices remains a barrier.

Segment Analysis: –

The global spirometer market can be segmented into desk/tabletop, handheld, and PC-based devices. The handheld spirometer segment dominated the market in 2022 as these devices are lightweight, portable, and convenient for use in clinics and home settings. The dominance of this segment can be attributed to the increasing demand for portable diagnostic equipment that can be easily carried during home healthcare services.

Key Takeaways: –

The Global Spirometer Market Growth is expected to witness high, exhibiting a CAGR of 9.5% over the forecast period, due to increasing prevalence of chronic respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD).

Regional analysis: – North America dominated the global market in 2022 and is expected to maintain its dominance over the forecast period. This is attributed to the growing geriatric population and increasing healthcare expenditure in the region. Asia Pacific is expected to be the fastest growing market owing to the rising air pollution levels and growing patient base of respiratory diseases in developing countries of the region.

Key players: – Key players operating in the spirometer market are Koninklijke Philips N.V., SCHILLER, Midmark Corporation, Smiths Medical, Vyaire Medical, Inc., SDI Diagnostics, Nihon Kohden Corporation, COSMED srl, Fukuda Sangyo Co. Ltd., Medicare Systems, MGC Diagnostics Corporation, LabTech, Vitalograph, Futuremed, Geratherm Medical AG, Guangzhou Medsinglong Medical Equipment Co., Ltd, Aluna, and Welch Allyn. Koninklijke Philips and Nihon Kohden hold a significant share of the global market.

*Note:
1.  Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it