Pune, India -- (SBWire) -- 07/05/2018 --Data Bridge Market Research statistical surveying broadcasts the expansion of a spic and span record to its great estimated inventory of market knowledge inquire about The record considers the worldwide Spirometer Market and offers a careful 2018-2024 assess of the commercial center.
Global Spirometer Market - Industry Trends and Forecast to 2025" new report to its research database. The report spread No of Pages: 350 No of Figures: 60 No of Tables: 220 in it
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Global Spirometer Market is expected to reach USD 1,041.3 million by 2024 from USD 553.9 million in 2016, at a CAGR of 8.3%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Different factors such as expanding episodes of immune system issue, expanding government assistance, enhancing administrative structure, expanding computerization of research centers and rising subsidizing and repayment are persistently adding to the development of the Spirometer Market
Major Players: Global Spirometer Market
Some of the major players operating in this market are:-
- BD,
- Midmark Corp.,
- Welch Allyn,
- SDI Diagnostics,
- Geratherm Respiratory GMBH,
- among others.
Key Drivers: Global Spirometer Market
- Some of the major factors driving the market for factors such as increasing prevalence of respiratory diseases, increased demand of homecare setting devices, and rise in the number of smokers are driving the growth of market.
- Weak reimbursement policies may hinder the growth of the market.
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New Players in the market are facing tough competition from established international Players as they struggle with technological innovations, reliability and quality issues. The report will answer questions about the current market developments and the scope of competition, opportunity cost and more.
Market Segmentation: Global Spirometer Market
- The spirometer market is segmented on the basis of product type, technology, disease, disposable components, application, end-user and distribution channel. On the basis of product type, the Global spirometer market is segmented into table-top spirometer, hand-held spirometer and pc based spirometer. In 2017, table-top spirometer is expected to dominate the Global spirometer market with 39.3% market share and is expected to reach USD 404.4 million by 2024, growing a CAGR of 8.2% in the forecast period 2017 to 2024.
- On the basis of technology, the spirometer market is segmented into volume measurement spirometer, flow measurement spirometer and peak flow meter. In 2017, flow measurement spirometer is expected to dominate the Global spirometer market with 67.3% market share and is expected to reach USD 719.5 million by 2024, growing at a CAGR of 8.7% in the forecast period 2017 to 2024.
- On the basis of disease, the Global spirometer market is segmented into asthma, bronchitis, emphysema, chronic obstructive lung disease, lung cancer, and others. In 2017, chronic obstructive lung disease is expected to dominate the Global spirometer market with 40.5% market share and is expected to reach USD 438.2 million by 2024, growing with the highest CAGR of 8.9% in the forecast period 2017 to 2024.
- On the basis of disposable components, the Global spirometer market is segmented into filters, tubes and sensors. In 2017, filters is expected to dominate the Global spirometer market with 74.0% market share and is expected to reach USD 781.6 million by 2024, growing with the highest CAGR of 8.6% in the forecast period 2017 to 2024.
- On the basis of application, the Global spirometer market is segmented into diagnostics and therapeutic. In 2017, diagnostics is expected to dominate the Global spirometer market with 65.4% market share and is expected to reach USD 707.2 million by 2024, growing with the highest CAGR of 8.9% in the forecast period 2017 to 2024.
- On the basis of end-user, the Global spirometer market is segmented into hospitals, clinics and homecare. In 2017, hospitals is expected to dominate the Global spirometer market with 50.0% market share and is expected to reach USD 537.0 million by 2024, growing at a CAGR of 8.8% in the forecast period 2017 to 2024.
- On the basis of distribution channel, the Global spirometer market is segmented into direct tender and over the counter. In 2017, direct tender is expected to dominate the Global spirometer market with 64.4% market share and is expected to reach USD 684.0 million by 2024, growing at a CAGR of 8.6% in the forecast period 2017 to 2024.
- Based on geography, the market is segmented into 5 geographical regions, North America, Global, Asia-Pacific, South America and Middle East and Africa.
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Spirometer Market: Rising Demand Globally by Latest Trend, Share Analysis, Growth Application and Dominated by Top Competitors, Forecast to 2024
Global spirometer market is segmented into direct tender and over the counter. In 2017, direct tender is expected to dominate the Global spirometer market with 64.4% market share and is expected to reach USD 684.0 million by 2024, growing at a CAGR of 8.6% in the forecast period 2017 to 2024.