The smaller upper airway lumen in the ageing population is associated with a higher occurrence of respiratory diseases. One of the most prevalent medical disorders worldwide is lung illness. Numerous sorts of respiratory illnesses also affect millions of individuals. Additionally, smoking, genetic predispositions, and infections are a few of the primary causes of respiratory illnesses. Significant public health burdens are borne by illnesses like lung cancer, cystic fibrosis, chronic bronchitis, asthma, and chronic obstructive pulmonary disease (COPD).
The global spirometer market is estimated to be valued at US$ 958.0 million in 2021 and is expected to exhibit a CAGR of 9.5% over the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.
Breathing problems are a typical complaint among patients with respiratory diseases. Furthermore, patients with respiratory disorders can benefit from early diagnosis and treatment. Spirometry is an essential tool for diagnosing the severity of the infection in these patients and preventing misdiagnosis. Therefore, the Spirometer Market expansion is fueled by the rising prevalence of respiratory disorders.
Major Companies are Koninklijke Philips N.V., MGC Diagnostics Corporation, KoKo PFT, NDD Medical Technologies and ICU Medical, Inc.
The rising demand for home-based healthcare is also contributing to the growth of the Spirometer Market. Many patients prefer to monitor their respiratory function at home rather than visiting a hospital or clinic, as it is more convenient and cost-effective. The availability of portable and user-friendly spirometry devices is making it easier for patients to monitor their lung function at home, contributing to the growth of the spirometer market.
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Spirometer Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the spirometer market include Benson Medical Instruments, Chest M.I., Fukuda Sangyo, Hill-Rom Inc., Jones Medical Instrument Company, Medical International Research, Midmark Corporation, NDD Medizintechnik AG, Schiller AG, Vitalograph, Vyaire Medical, Welch Allyn Inc., etc.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Spirometer Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/spirometer-market/download-sampleMarket DynamicsThe market is mainly driven by the rising prevalence of respiratory disorders and enhancing healthcare infrastructure.
In addition to this, growing urbanization and changing lifestyles in the emerging regions, tobacco consumption amongst professionals has risen significantly, has resulted in a raised occurrence of lung disorders in these regions.
Further, increasing awareness for sophisticated diagnostic techniques among consumers is catalyzing the growth of the market.
