Spirometers Market By Product Type (Desktop Spirometers, Handheld Spirometers), Technology (Volume Measurement Spirometers, Flow Measurement Spirometers), End-User (Hospitals and Clinics, Home Care Settings), & Region for 2024-2031

Report ID: 7656|No. of Pages: 202

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Spirometers Market By Product Type (Desktop Spirometers, Handheld Spirometers), Technology (Volume Measurement Spirometers, Flow Measurement Spirometers), End-User (Hospitals and Clinics, Home Care Settings), & Region for 2024-2031

Report ID: 7656|Published Date: Nov 2024|No. of Pages: 202|Base Year for Estimate: CAGR of ~11.87% from 2024 to 2031|Format:   Report available in PDF formatReport available in Excel Format

Spirometers Market Valuation – 2024-2031

The market’s expanding demand for spirometers is primarily driven by the rising prevalence of respiratory disorders and increased awareness about lung health. Asthma, chronic obstructive pulmonary disease (COPD), and other respiratory problems are growing more frequent around the world, thanks in part to air pollution, smoking, and an aging population. Spirometers are vital instruments for diagnosing and monitoring these illnesses since they measure lung function and assist healthcare practitioners in determining the severity of a patient’s respiratory problems by enabling the market to surpass a revenue of USD 1.00 Billion in 2024 and reach a valuation of around USD 2.45 Billion by 2031.

The combination of digital technology and telemedicine skills enables remote monitoring and data administration which is especially useful when managing chronic disorders such as COPD. Furthermore, many countries’ healthcare policies are shifting toward preventative treatment and chronic illness management pushing the use of spirometry as a standard aspect of respiratory health assessment. These developments not only make spirometry simpler and more efficient but also broaden its applications beyond typical healthcare settings meeting the growing demand for continuous and comprehensive respiratory care by enabling the market to grow at a CAGR of 11.87% from 2024 to 2031. 

Spirometers Market is estimated to grow at a CAGR of 11.87% & reach US$ 2.45 Bn by the end of 2031

Spirometers Market: Definition/ Overview

Spirometers are medical devices that measure the amount and rate at which a person may inhale and exhale air from their lungs. Spirometers evaluate lung function and are commonly used to diagnose and monitor respiratory illnesses such as asthma, chronic obstructive pulmonary disease (COPD), and other lung-related disorders. When a patient uses a spirometer, they usually breathe into a mouthpiece attached to the instrument which then records various elements of their breathing.

They are essential equipment in respiratory care, primarily used to measure lung function by measuring the amount of air a person can inhale and exhale as well as the pace of exhalation. Spirometers are primarily used to diagnose and monitor chronic respiratory disorders such as asthma, chronic obstructive pulmonary disease (COPD), and cystic fibrosis. Using a spirometer, healthcare personnel can assess how well the lungs are functioning allowing them to diagnose these diseases earlier.

The future use of spirometers is expected to grow dramatically as healthcare shifts toward more tailored and preventive care. Spirometers which evaluate lung function by determining the amount and rate of air a person can inhale and exhale are becoming increasingly useful in detecting and treating respiratory illnesses such as asthma, chronic obstructive pulmonary disease (COPD), and others. Spirometers are expected to become more incorporated into routine healthcare as technology advances making them more accessible and user-friendly.

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Will the Growing Preference for Home Healthcare Drive the Spirometers Market?

The rising need for home healthcare is a primary driver of the spirometer market. An aging population, the demand for cost-effective healthcare solutions, and recent global health catastrophes have all contributed to the acceleration of this trend. According to the World Health Organization (WHO), chronic obstructive pulmonary disease (COPD) is the third biggest cause of death worldwide, killing 3.23 million people in 2019. With the increasing prevalence of respiratory disorders, there is a greater demand for home-based monitoring equipment such as spirometers. According to the Centers for Disease Control and Prevention (CDC), around 16 million Americans have been diagnosed with COPD, and millions more may remain untreated.

According to the American Thoracic Society, home spirometry may be especially useful for monitoring COVID-19 patients since it allows for early diagnosis of worsening lung function. Furthermore, Global Industry Insights predicts that the global telemedicine industry will reach USD 185.6 Billion by 2026 signaling a larger trend toward home-based healthcare solutions. This trend is projected to increase demand for portable, user-friendly spirometers that can interact with telehealth platforms.

Will Lack of Skilled Professionals Hamper the Spirometers Market?

The scarcity of skilled specialists is a major problem that may impede the growth of the spirometer market. Spirometry, a commonly used pulmonary function test is critical for identifying and monitoring respiratory illnesses such as asthma, chronic obstructive pulmonary disease (COPD), and other lung problems. A lack of such experienced workers, especially in rural or poor regions can result in erroneous test findings, misdiagnoses, and, ultimately, a reluctance among healthcare practitioners to use spirometry as a standard diagnostic tool.

The dilemma of a shortage of competent specialists is exacerbated by an increase in demand for spirometry testing as respiratory disorders become more prevalent around the world. As the population’s age and environmental factors such as pollution contribute to an increased incidence of lung disorders, the demand for spirometry testing is predicted to rise. However, without enough educated experts to administer these tests, healthcare systems may struggle to fulfill demand, resulting in longer patient wait times and perhaps inferior quality of care. This may dissuade healthcare providers from expanding their spirometry services or investing in new spirometers, thus impeding market growth.

Category-Wise Acumens

Will the Rise in Telemedicine and Remote Patient Monitoring Drive Growth in the Product Type Segment?

Handheld spirometers have become the dominant product type, thanks to their mobility, ease of use, and applicability in a variety of healthcare settings. Unlike desktop spirometers, which are typically used in clinical settings because of their size and complexity, handheld spirometers provide unrivaled ease. They allow healthcare providers to do lung function tests in a variety of places including hospitals, clinics, and even patients’ homes. This adaptability is especially useful in instances where immediate lung function evaluation is necessary such as during an emergency or in rural locations with limited access to advanced medical facilities.

The rise of telemedicine and remote patient monitoring has increased the demand for handheld spirometers. With an increased emphasis on patient-centered care and a growing tendency to decentralize healthcare services, these technologies have become indispensable instruments in modern medicine. Handheld spirometers are particularly appealing to healthcare providers and consumers due to their ease of transport and use in a variety of settings as well as their interaction with mobile devices and cloud-based health platforms. Furthermore, technical developments have enhanced the accuracy and utility of handheld spirometers bringing them on par with older desktop devices. This convergence of mobility, innovative features, and the growing need for remote health monitoring guarantees that handheld spirometers maintain their dominance in the spirometer industry, adapting to changing demands.

Will Versatility and Widespread Application Drive the Technology Segment?

Flow measurement spirometers are the leading technology in the spirometers market because of their precision, adaptability, and broad use in diagnosing and monitoring respiratory disorders. Flow-measuring spirometers are very useful in determining airway blockage which is an important factor in the diagnosis and treatment of chronic respiratory disorders such as asthma, chronic obstructive pulmonary disease (COPD), and other obstructive lung diseases. These devices assess the flow rate of air during various breathing maneuvers providing critical data on parameters such as Forced Expiratory Volume in one second (FEV1) and the FEV1/FVC ratio which are critical for determining the degree of airway obstruction.

The dominance of flow measurement spirometers is further supported by technological improvements that have enhanced their accuracy, usability, and integration with digital health platforms. Modern flow measuring spirometers are frequently portable and user-friendly with the ability to link to mobile devices or cloud-based systems enabling remote monitoring and telemedicine applications. This link has grown increasingly significant, particularly in the aftermath of the COVID-19 epidemic when the demand for remote patient monitoring and telehealth services increased. Furthermore, the continual development of software algorithms for analyzing spirometry data improves the diagnostic accuracy and predictive capacity of these devices making them more appealing to healthcare practitioners.

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Country/Region-wise Acumens

Will the Increasing Number of Asthma and COPD Cases Drive the Market in the North American Region?

The North American spirometer market is primarily driven by the rising prevalence of respiratory illnesses, particularly asthma and chronic obstructive pulmonary disease (COPD). This supremacy is due to the region’s high healthcare spending, superior medical infrastructure, and increased awareness of respiratory health issues. The increasing prevalence of asthma is a major driver of the North American spirometer market.

According to the Centers for Disease Control and Prevention (CDC), around 25 million Americans had asthma in 2019, including 5.1 million children. This constitutes around 7.8% of the overall population. Asthma imposes a significant economic burden with yearly expenses estimated at USD 81.9 Billion in the United States alone. The National Heart, Lung, and Blood Institute believes that another 12 million people may have undiagnosed COPD. The economic impact of COPD is also considerable, with direct healthcare expenses in the United States topping USD 32 Billion per year. According to the World Health Organization (WHO), nine out of ten people globally breathe polluted air.

Will Improving Primary Care Activities Drive the Market in the Asia Pacific Region?

The Asia Pacific region is expected to be the fastest-growing market for spirometers owing to rising healthcare costs and increased awareness of respiratory disorders. This tremendous expansion is being driven by several major factors that are transforming the healthcare environment throughout the area. The rising prevalence of respiratory disorders, particularly chronic obstructive pulmonary disease (COPD) and asthma, is a significant driver of the Asia Pacific spirometer market.

According to the World Health Organization, COPD is expected to become the third largest cause of mortality globally by 2030 with a considerable impact in Asia. In China, the prevalence of COPD among individuals aged 40 and over is estimated to be 13.7%, impacting approximately 100 million people.  Another key driver is increased healthcare spending and the improvement of healthcare infrastructure throughout the region. Furthermore, activities aimed at mitigating air pollution, particularly in developing-country cities are creating respiratory health concerns. According to the World Bank, air pollution costs South Asian countries an estimated 8.3% of their GDP, underscoring the economic incentive for governments to address this issue.

Competitive Landscape

The Spirometers Market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.

Some of the prominent players operating in the spirometers market include:

  • Schiller
  • Smiths Medical
  • Vyaire Medical, Inc.
  • SDI Diagnostics
  • nSpire Health Inc.
  • Fukuda Sangyo Co. Ltd.
  • Sibelmed
  • Vitalograph
  • Geratherm Respiratory AG
  • Koninklijke Philips N.V.
  • Welch Allyn

 Latest Developments

Spirometers Market Key Developments And Mergers

  • In March 2023, Clario and ArtiQ teamed up to incorporate artificial intelligence into clinical trial spirometry data gathering. This collaboration allowed for scalable AI over-reading while assuring accurate data collection and patient benefits in respiratory trials.
  • In August 2022, AstraZeneca India collaborated with Alveofit to provide IoT-enabled handheld spirometers to clinics and last-mile hospitals.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Growth Rate

CAGR of ~11.87% from 2024 to 2031

Base Year for Valuation

2024

Historical Period

2021-2023

Forecast Period

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Product Type
  • Technology
  • End-User
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players

Schiller, Smiths Medical, Vyaire Medical, Inc., SDI Diagnostics, nSpire Health Inc., Fukuda Sangyo Co. Ltd., Sibelmed, Vitalograph, Geratherm Respiratory AG, Koninklijke Philips N.V. , Welch Allyn

Customization

Report customization along with purchase available upon request

Spirometers Market, By Category

Product Type:

  • Desktop Spirometers
  • Handheld Spirometers
  • PC-Based Spirometers

Technology:

  • Volume Measurement Spirometers
  • Flow Measurement Spirometers

End-User:

  • Hospitals and Clinics
  • Home Care Settings
  • Diagnostic Laboratories
  • Pharmaceutical and Biotechnology Companies

Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Research Methodology of Verified Market Research:

Research Methodology of VMRTo know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Research.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Customization of the Report

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Frequently Asked Questions

Some of the key players leading in the market include NDD Medical Technologies, SCHILLER AG, Hillrom, COSMED, MGC Diagnostics Corporation, Vyaire Medical, Teleflex Incorporated, Vitalograph, and MIR.

The primary factor driving the spirometer market is the increasing prevalence of respiratory diseases like asthma, COPD, and other lung conditions. This surge in respiratory issues coupled with growing awareness of early diagnosis and management is fueling demand for spirometers. Additionally, advancements in portable and user-friendly devices are making spirometry more accessible further boosting market growth.

The spirometer market is estimated to grow at a CAGR of 11.87% during the forecast period.

The spirometers market was valued at around USD 1002.04 Million in 2024.

The sample report for the Spirometers Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology

2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights

3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter’s Five Forces Analysis

4. Spirometers Market, By Product Type
• Desktop Spirometers
• Handheld Spirometers
• PC-Based Spirometers

5. Spirometers Market, By Technology
• Volume Measurement Spirometers
• Flow Measurement Spirometers

6. Spirometers Market, By End-User
• Hospitals and Clinics
• Home Care Settings
• Diagnostic Laboratories
• Pharmaceutical and Biotechnology Companies

7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE

8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market

9. Competitive Landscape
· Key Players
· Market Share Analysis

10. Company Profiles
• NDD Medical Technologies
• SCHILLER AG
• Hillrom
• COSMED
• MGC Diagnostics Corporation
• Vyaire Medical
• Teleflex Incorporated
• Vitalograph
• MIR
• Fukuda Sangyo

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Spirometers Market

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