17-May-2019 | Zion Market Research
Zion Market Research has published a new report titled “Portable Spirometry Devices Market by Technology (Flow-Sensing Spirometry Devices, Peak Flow Meters, and Volume Measurement), by Application (Asthma, COPD, Cystic Fibrosis, Pulmonary Fibrosis, and Others), and by End-User (Hospitals & Clinics, Ambulatory Surgical Centers, Home Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global portable spirometry devices market was approximately USD 111 million in 2018 and is expected to generate around USD 263 million by 2025, at a CAGR of around 9.6% between 2019 and 2025.
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. It helps in finding the reason behind breathlessness and other lung-related diseases. Increasing air pollution, growing COPD incidences, and rising technological improvements witnessed in health monitoring solutions are some factors responsible for the growth of the portable spirometry devices market globally.
Browse the full “Portable Spirometry Devices Market by Technology (Flow-Sensing Spirometry Devices, Peak Flow Meters, and Volume Measurement), by Application (Asthma, COPD, Cystic Fibrosis, Pulmonary Fibrosis, and Others), and by End-User (Hospitals & Clinics, Ambulatory Surgical Centers, Home Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/portable-spirometry-devices-market
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. The flow-sensing spirometry devices are likely to hold a major market share in the future, as these devices have become popular due to their compact size and cost-effectiveness. These devices are typically based on the table-top technology with no moving parts, which makes them easy to handle.
By application, the market is divided into asthma, COPD, cystic fibrosis, pulmonary fibrosis, and others. COPD is likely to dominate the market over the estimated time period. As per the WHO, more than 65 million people globally suffer from mild to severe COPD. Centers for Disease Control and Prevention stated that COPD’s treatment cost is likely to reach 90 billion USD by 2020, which was 59 billion USD in 2016.
By end-user, the market is fragmented into home healthcare, ambulatory surgical centers, hospitals and clinics, and others. The home healthcare segment is likely to show the highest CAGR in the years ahead, owing to the growing preference for management of asthma and other respiratory diseases at home. Compact portable spirometry devices are used by patients for rehabilitation in the comfort of their home for both long- and short-term requirements. Furthermore, most of the patient population with COPD and asthma require monitoring at home, which is also boosting the home healthcare segment.
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.
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.
This report segments the global portable spirometry devices market into:
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
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