
Europe Spirometer Market
No. of Pages: 126 | Report Code: BMIRE00026950 | Category: Life Sciences
No. of Pages: 126 | Report Code: BMIRE00026950 | Category: Life Sciences
The spirometer market in Europe is expected to grow from US$ 281.38 million in 2022 to US$ 532.15 million by 2028. It is estimated to grow at a CAGR of 11.2% from 2022 to 2028.
The market for pulmonary devices is growing owing to the higher adoption of home care products. The high growth potential in emerging markets and the development of miniaturized devices are among the crucial factors anticipated to provide growth opportunities to players operating in the spirometer home healthcare market. Due to rising healthcare costs, many patients suffering from chronic respiratory diseases prefer to undergo treatments in-home care settings. In addition, lung transplantation has become the ultimate therapeutic option for some patients with advanced lung disease.
Transplantation outcomes has been improved with advances in operative techniques. However, optimal management of infection and organ rejection remains problematic because the complications may be undetectable in the early phases of routine clinical evaluation. In such cases, home spirometry is a useful instrument that can measure lung function, help monitor the progress post-lung transplantation, and aid in the early detection of allograft dysfunction.
Home spirometry offers advantages over clinic spirometry as it provides increased patient convenience and more frequent lung function measurements, enabling early disease progression detection. Moreover, home spirometers are widely used to provide easy access to more detailed information regarding lung function. Spirometry is also used before lung cancer surgery to predict how well a patient will tolerate the operation and manage it once a portion or lobe of a lung is removed.
In addition, one such spirometer is alveoair, a personal spirometer designed for asthma, COPD, and cystic fibrosis patients to help quantify their lung health. It enables patients to monitor their disease at home to help avoid attacks and unnecessary hospital visits. Alveoair is a clinically trialed spirometer that has completed its clinical trial in January 2021 and provides results at par with a hospital-grade spirometer. Furthermore, home monitoring of physiological variables has become progressively more practical with the miniaturization and falling costs of devices and consequent improvements in wireless electronic connectivity. Additionally, within respiratory medicine, home disease monitoring in the form of peak flow measurement is already a feature of asthma self-management. Daily surveillance spirometry is used to detect acute rejection episodes in lung transplantation recipients and has been preferred by many patients. By using home spirometry and daily check of its result, healthcare givers can closely observe the patients and help them manage their health at home. Thus, the increasing preference for home care products is driving the spirometer market growth.
Strategic insights for the Europe Spirometer provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 281.38 Million |
Market Size by 2028 | US$ 532.15 Million |
Global CAGR (2022 - 2028) | 11.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Spirometer refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Europe Spirometer Market Segmentation
The Europe spirometer market is segmented by type, technology, application, and country. Based on type, the market is segmented into handheld spirometers, table-top spirometers, and desktop spirometers. The table-top spirometers segment dominated the market in 2022. By technology, the market is segmented into volume, flow, and peak flow. The flow segment dominated the market in 2022. By application, the market is segmented into asthma, chronic obstructive pulmonary disease, cystic fibrosis, and others. The chronic obstructive pulmonary disease segment dominated the market in 2022. Based on country, the market is segmented into Germany, the UK, France, Italy, Spain, and the rest of Europe. Further, Germany dominated the market in 2022.
A few key players dominating the Europe spirometer market are Baxter International Inc.; COSMED Srl; Depisteo LLC.; Henry Schein, Inc.; ICU Medical Inc.; NUVOAIR US, INC. (NUVOAIR AB); Teleflex Incorporated; and VYAIRE MEDICAL, INC.
The Europe Spirometer Market is valued at US$ 281.38 Million in 2022, it is projected to reach US$ 532.15 Million by 2028.
As per our report Europe Spirometer Market, the market size is valued at US$ 281.38 Million in 2022, projecting it to reach US$ 532.15 Million by 2028. This translates to a CAGR of approximately 11.2% during the forecast period.
The Europe Spirometer Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Spirometer Market report:
The Europe Spirometer Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Spirometer Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Spirometer Market value chain can benefit from the information contained in a comprehensive market report.