Spirometer Market Worth 858.6 Million USD by 2020
PUNE, India, October 12, 2015 /PRNewswire/ --
According to a new market research report "Spirometer Market by Product (Hand-held, Table-top, Desktop), Technology (Volume Measurement, Flow Measurement, Peak Flow Meters), End-user (Hospital, Clinic, Homecare), Application, & Geography - Global Forecast to 2020", published by MarketsandMarkets, the Spirometer Market is expected to reach USD 858.6 Million by 2020, at a CAGR of 9.8% from 2015 to 2020.
Browse 111 market data Tables and 128 Figures spread through 187 Pages and in-depth TOC on "Spirometer Market"
http://www.marketsandmarkets.com/Market-Reports/spirometer-market-18015659.html
Early buyers will receive 10% customization on this report.
A spirometer is an instrument used to measure the air inhaled into and exhaled out of the lungs. It provides a simple way of measuring lung volume and capacity, and is used in pulmonary tests. It helps in diagnosing respiratory diseases (such as asthma, bronchitis, emphysema, and COPD), shortness of breath, exposure to chemicals at work, lung function before surgery, effect of medication, and progress in disease treatment.
Most spirometers depict a volume time graph and a flow volume graph, which help in examining a patient's pulmonary functions. The application of spirometers has become easier with the help of technological advancements in the field of respiratory care devices. Key factors influencing the growth of the market in the U.S. and Europe are policies mandating the use of respiratory devices, and lack of awareness of respiratory diseases and their symptoms.
Growing aging population, rising incidences of chronic obtrusive pulmonary diseases (COPD), technological advancements in the field of respiratory care devices, and tight budgets of healthcare institutions are major factors influencing the growth of the spirometer market. Along with this, high incidences of respiratory diseases, government initiatives, rise in the number of smokers, increasing focus on monitoring respiratory diseases, home use of spirometers, and increasing awareness regarding sophisticated diagnostic techniques are additional factors propelling its market growth. In contrast to this, economic downturn, lack of awareness regarding respiratory diseases and related symptoms, and issues related to reimbursement are some of the major factors restraining the growth of the global spirometer market.
Ask for PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=18015659
Some of the major companies operating in the global Spirometer Market include CareFusion (U.S.), Philips Healthcare (Netherlands), Schiller (Switzerland), Welch Allyn, Inc. (U.S.), SDI Diagnostics (U.S.), Cardiotech (Australia), MIR Medical International Research S.r.l (Italy), Vitalograph (U.K.), MGC Diagnostics Corporation (U.S.), NDD Medical Technologies (U.S.), SDI Diagnostics (U.S.), Jones Medical Corporation (U.S.), Gerathern Respiratory GmbH (Germany), Thor Medical Systems (Hungary), Fukuda Sangyo Inc. (Philippines), Nihon Kohden Corporation (Japan), and nSpire Health Inc. (Germany), among others.
The research study is aimed at identifying emerging trends and opportunities in the global spirometer market, along with detailed classifications, in terms of revenue. It provides competitive landscape of key players with respect to market size and market share. The research study also includes a detailed segmentation of the global spirometer market, on the basis of product, technology, end user, application, and geography.
Apart from market segmentation, this report also utilizes Porter's Five Forces Analysis, which offers an in-depth analysis of the market by providing a detailed process flow diagram and market dynamics, such as drivers, restraints, and upcoming opportunities in the global spirometer market.
Browse Related Reports:
Respiratory Care Devices Market by Product (Therapeutic (Ventilator, Mask, PAP Device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables & Accessories) & by End User (Hospital, Home Care) - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/respiratory-care-368.html
Patient Monitoring Device / Equipment / System Market by Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Multiparameter, Remote, Weight, Temperature), End-user (Hospitals, Home) - Global Forecast to 2018
About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/medical-devices
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Share this article