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Global Spirometer Market 2016-2020

About the Spirometer Market

A spirometer is a medical apparatus used to measure the volume of air inspired and expired by the lungs. The device produces a spirogram that is a graphic record of the ventilation patterns of the lungs. Spirometers are used for basic pulmonary function tests (PFTs) to help detect respiratory diseases such as asthma, bronchitis, and emphysema.

Technavio’s analysts forecast the global spirometer market to grow at a CAGR of 8.31% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global spirometer market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of spirometer globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Spirometer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Becton, Dickinson, and Company
  • MIR
  • Philips
  • Schiller
  • Welch Allyn
Other prominent vendors
  • Cardiotech
  • Contec Medical Systems
  • Fukuda Sangyo
  • Geratherm Respiratory GmbH
  • Jones Medical Instruments
  • MGC Diagnostics
  • nSpire Health
  • SDI Diagnostics
  • Thor Medical Systems
  • Vitalograph
  • Market driver
    • Rising awareness about respiratory disorders
    • For a full, detailed list, view our report
    Market challenge
    • Long replacement cycles
    • For a full, detailed list, view our report
    Market trend
    • Growing popularity of home healthcare
    • For a full, detailed list, view our report
    Key questions answered in this report
    • What will the market size be in 2020 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?


    Press Release

    Technavio Announces the Publication of its Research Report – Global Spirometer Market 2016-2020

    Technavio recognizes the following companies as the key players in the global spirometer market: Becton, Dickinson and Company, MIR, Philips Healthcare, Schiller, and Welch Allyn.

    Other Prominent Vendors in the market are: Cardiotech, Contec Medical Systems, Fukuda Sangyo, Geratherm Respiratory GmbH, Jones Medical Instruments, MGC Diagnostics, nSpire Health, nSpire Health, Thor Medical Systems, and Vitalograph.

    Commenting on the report, an analyst from Technavio’s team said: “An emerging trend in the market is the growing popularity of home healthcare. Home healthcare includes a wide range of medical products (which include heart rate monitors, blood glucose level indicators, and nebulizers), services, and solutions that provide health monitoring, treatment, and physical support to patients or customers at home. With the global home healthcare market growing at a CAGR of 8.85% between 2015 and 2020, the demand for home health diagnostic products, such as portable respiratory care devices, is expected to increase during the forecast period.”

    According to the report, increasing expenditures on healthcare will be a key growth driver for this market. Expenditures on healthcare have increased from 9.6% of the global GDP in 2008 to 10.1% of the GDP in 2015. Developed countries like the US have made the highest increase when it comes to healthcare expenditures. Healthcare expenditure in the US increased from 15.3% of the country's GDP in 2006 to over 17.2% of the GDP by the end of 2015. Emerging economies such as India showed an insignificant increase from 4.4% in 2006 to 4.7% in 2015. However, these economies are likely to pick up the pace during the forecast period and grow relatively faster than developed economies.

    Further, the report states that the long replacement cycle of spirometers will act as a major challenge for the market. On an average, a table-top spirometer costs well over $450. With the high initial cost of the instrument and a useful life of between four and six years, the probability of replacement of these instruments during the first three years of purchase is extremely low. The services provided by the manufacturers and dealers are limited to the assembling of the products, which further reduces the interaction between a seller and a customer.

    Companies Mentioned

    Becton, Dickinson and Company, MIR, Philips Healthcare, Schiller, Welch Allyn, Cardiotech, Contec Medical Systems, Fukuda Sangyo, Geratherm Respiratory GmbH, Jones Medical Instruments, MGC Diagnostics, nSpire Health, nSpire Health, Thor Medical Systems, and Vitalograph.

    • Executive summary
      • Highlights
    • Scope of the report
      • Market overview
        • Table Market overview of global spirometer market
      • Product lines
        • Table Product line chart
      • Top-vendor offerings
        • Table Product offerings
    • Market research methodology
      • Research methodology
      • Economic indicators
    • Introduction
      • Key market highlights
    • Market landscape
      • Market overview
      • Market size and forecast
        • Table Global spirometer market 2015-2020 ($ millions)
      • Five forces analysis
        • Table Five forces analysis
    • Market segmentation by application
      • Market overview
        • Table Global spirometer market segmentation 2015-2020
        • Table Global spirometer market segmentation 2015-2020 ($ millions)
      • Global spirometer market for diagnostics
        • Table Global spirometer market for diagnostics 2015-2020 ($ millions)
      • Global spirometer market for home use
        • Table Global spirometer market for home use 2015-2020 ($ millions)
      • Global spirometer market for clinical trials
        • Table Global spirometer market for clinical trials 2015-2020 ($ millions)
    • Market segmentation by product
      • Market overview
        • Table Global spirometer market by product 2015-2020
        • Table Global spirometer market by product 2015-2020 ($ millions)
      • Global table-top spirometer market
        • Table Global table-top spirometer market 2015-2020 ($ millions)
      • Global handheld spirometer market
        • Table Global handheld spirometer market 2015-2020 ($ millions)
      • Global PC spirometer market
        • Table Global PC spirometer market 2015-2020 ($ millions)
        • Table Global spirometer market by product 2015-2020 ($ millions)
    • Geographical segmentation
      • Market overview
        • Table Global spirometer market by geography 2015
        • Table Global spirometer market by geography 2015-2020 ($ millions)
      • Spirometer market in the Americas
        • Table Spirometer market in the Americas 2015-2020 ($ millions)
      • Spirometer market in APAC
        • Table Spirometer market in APAC 2015-2020 ($ millions)
      • Spirometer market in the Europe
        • Table Spirometer in Europe 2015-2020 ($ millions)
      • Spirometer market in MEA
        • Table Spirometer market in MEA 2015-2020 ($ billions)
        • Table Global spirometer market by geography 2015-2020 ($ millions)
    • Market drivers
    • Impact of drivers
      • Table Impact of drivers
    • Market challenges
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
    • Market trends
    • Vendor landscape
      • Competitive scenario
        • Table Competitive parameters in global spirometer market
      • Industry association
      • Investment opportunity analysis
        • Table Investment opportunity mapping
    • Key vendor analysis
      • Becton, Dickinson and Company
        • Table BD: Key takeaways
      • MIR
        • Table MIR: Key takeaways
      • Philips Healthcare
        • Table Philips Healthcare: Key takeaways
      • Schiller
        • Table BD: Key takeaways
      • Welch Allyn
        • Table MIR: Key takeaways
      • Other prominent vendors
    • Appendix
      • List of abbreviations
    • Explore Technavio

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