Persistence Market Research Pvt. Ltd is released new forthcoming report on title "Spirometers Market: Global Industry Analysis and Forecast to 2020".

New York, NY -- (SBWire) -- 12/04/2014 --Spirometer is a medical device that is used to measure the air capacity of the lungs by measuring the volume of air inhaled and exhaled by the lungs. Spirometer generates pneumotachograph which helps to measure lung performance to diagnose and monitor patients with respiratory diseases. Spirometer required for the diagnosis of asthma, chronic obstructive diseases, tuberculosis, cystic fibrosis, silicosis, black lung and other respiratory diseases. Spirometer is used by physicians, payors, research and development industry and patients for personal use. On the basis of types of monitor, spirometer market can be segmented into table-top and handheld. Technological advancement and rise in incidence of chronic disorders are some of the main factors that are driving the spirometer market. Spirometers market can be divided into two categories include volume-measurement devices and flow-measurement devices. Volume-measurement devices include wet spirometer and dry spirometer. Flow-measurement devices include pneumo-tachograph systems and mass flow meter. Some types of spirometer are whole body plethysmograph, fully electronic spirometer, peak flow meter, pneumotachometer, incentive spirometer, tilt-compensated spirometer and windmill-type spirometer. On the basis of application, spirometers market can be segmented into two classes include diagnostic devices and monitoring devices. These devices can be used for different specification and purpose. Spirometers market includes three type of products such as monitoring device for home use, clinical trials device and diagnostic device.

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North America, followed by Europe, has the largest market for spirometer due to technological advancement, government regulations, rise in incidence of respiratory diseases, increasing healthcare expenditure and developed healthcare infrastructure in this region. Asia is expected to experience high growth rate in the spirometers market in next few years due to rise in prevalence of chronic diseases, developing healthcare expenditure, mature western market and increasing awareness about availability of various respiratory care monitoring and therapeutic devices in the region.

Technological advancement, high incidence of respiratory diseases, government initiatives, rise in number of smokers and growing aging population are some of the major factors that are expected to drive the market for spirometers. In addition, increasing focus on monitoring respiratory diseases, home care use spirometer device and rise in awareness about sophisticated diagnostic techniques are expected to drive the market for spirometers. However, economy downturn, lack of awareness about respiratory diseases and their symptoms and issues related to the reimbursement are some of the major factors restraining the growth for global spirometers market.

Growing demographics and economies in the developing countries such as India and China is expected to lead the growth in spirometer market in Asia. In addition, technological advancement such as combination of cell phones and spirometer to make that data available to their doctors or hospitals in any time and telemedicine services, government activities for use of spirometer devices and increasing chronic diseases are expected to offer new opportunities for global spirometers market. Increasing number of mergers and acquisitions, rise in number of collaborations and partnerships and new product launches are some of the latest trends that have been observed in global spirometers market. Some of the major companies operating in the global spirometers market are CareFusion, Schiller, Philips Healthcare, Welch Allyn,Inc., Anhui Electronics Scientific Institute and Cardiotech. In addition, some of the other companies operating in the global spirometers market are M&B, Geratherm Respiratory, Fukuda Sangyo, Medisoft and Thor Medical Systems.

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Key points covered in the report

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation

North America
Europe
Asia
RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.

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