Table Top Spirometers Segment to Grow at Faster Pace during Forecast Period
According to the latest study on “US Spirometer Market Forecast to 2027 –Analysis and Forecast by Type, Technology and Application,” the US spirometer market was valued at US$ 194.48 million in 2019 and is projected to reach US$ 474.40 million by 2027; it is expected to grow at a CAGR of 11.8% during 2020–2027. The report highlights trends prevailing in the US spirometer market and factors driving and restraining the market growth.
Based on type, the US spirometer market is segmented into handheld spirometers, table top spirometers, and desktop spirometers. In 2019, the table top spirometers segment held the largest share of the market, however, the handheld spirometers segment is anticipated to register the highest CAGR during the forecast period.
The US spirometer market is expected to grow during the forecast period. This can be attributed to high prevalence of respiratory diseases and increasing preference to home care products. On the other hand, unfavorable reimbursement scenario is likely to have a negative impact on market growth.
Smiths Medical; Vyaire Medical, Inc.; Cosmed Srl; Teleflex Incorporated; Nuvoair U.S, Inc. (Nuvoair Ab); Jones Medical Instrument Company; Benson Medical Instruments Co.; Depisteo LL; Henry Schein, Inc.; and Hill Rom Holding Inc. are among the leading companies operating in the US spirometer market.
The report segments the US spirometer Market as follows:
- Handheld Spirometers
- Desktop Spirometers
- Table Top Spirometers
By Technology
By Application
- Asthma
- Chronic Obstructive Pulmonary Disease
- Cystic Fibrosis
- Others