MARKET DEFINITION: GLOBAL SPIROMETER MARKET
Global spirometer market is expected to reach USD 1229.5 million by 2026, at a substantial CAGR of 8.3%. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026
The rise in market can be attributed to increase in respiratory diseases, homecare setting devices and rising number of smokers. Spirometer is a medical device designed to measure the air capacity of the lungs by measuring the volume of air inhaled and exhaled by the organs.
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KEY MARKET COMPETITORS: GLOBAL SPIROMETER MARKET
Some of the major players operating in global spirometer market are BD, Koninklijke Philips N.V., Schiller, Welch Allyn, SDI Diagnostics, Cardiotech, MIR Medical International Research S.r.l, Vitalograph, MGC Diagnostics Corporation, NDD Medical Technologies, Jones Medical Instrument Company, Agentur Ledermann+Zeitgeist, Thor Medical Systems, Fukuda Sangyo Inc., Nihon Kohden Corporation, and nSpire Health Inc., among others
MAJOR MARKET DRIVERS & RESTRAINTS ARE AS FOLLOWS:
- Increasing prevalence of respiratory diseases
- Increased demand of homecare setting devices
- Rise in the number of smokers is acting as a driver for the market
- Weak reimbursement policies will restraint the market
The objective of this market report is to provide a detailed analysis of industry and its impact based on applications and on different geographical regions, strategically analyses the growth trends, future prospects. The report provides specific and up to date information about the consumer’s demands, preferences, ideas and their varying likings about particular product. The market research report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2025. The report helps to plan about the advertising and sales promotion strategy more successfully and also helps in taking sound decisions.
This market report also delivers list of the leading competitors and provides the insights about strategic industry analysis of the key factors influencing the industry. With transparent market research studies, an absolute and qualitative report has been offered to the client. This market report also presents the company profile, product specifications, production value, contact information of manufacturer, and market shares for company. Report takes into account key market dynamics of sector. DBMR team has an excellent industry experience, talent solutions, industry insight and latest tools and technology which make this market report world-class.
MARKET SEGMENTATION: GLOBAL SPIROMETER MARKET
By Product Type – Table-top spirometer, Hand-held spirometer, PC based spirometer
By Technology – Volume measurement spirometer, Flow measurement spirometer, Peak flow meter
By Disease – Asthma, Bronchitis, Emphysema, Chronic Obstructive Lung Disease, Lung cancer, Others
By Disposable Components – Filters, Tubes, Sensors
By Application – Diagnostics, Therapeutic
By End-User – Hospitals, Clinics, Homecare, Industrial
By Distribution Channel – Direct tender, Over the counter
By Geography –
North America – U.S., Canada, Mexico
South America – Brazil, Argentina, Rest of South America
Europe – Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe
Asia-Pacific – Japan, China, South Korea, India, Australia, Singapore ,Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific
Middle East & Africa – South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa
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COMPANY ANALYSIS : GLOBAL SPIROMETER MARKET
BECTON, DICKINSON AND COMPANY:
Founded in 1897 as Becton, Dickinson and Company (BD) and head quartered in New Jersey, United States, BD is a global medical technology company that is advancing the world of health by improving diagnostics, delivery of care and medical discovery. The company operates through two business segments: BD Medical and BD Life Sciences. Its medical segment business unit includes Diabetes Care, Medication and Procedural Solutions, Medication Management Solutions, and Pharmaceutical Systems. BD medical segment includes wide range of handheld and PC-based spirometers. The spirometers are also having various software which helps the user to access numerous databases, rapid computer feedback in the duration of tests and trending of results,
The company’s operations span across North & South America, Europe, Australia, China, India, Japan, Korea, Taiwan and South East Asia. Some of its subsidiaries include Accuri Cytometers, Inc. (Delaware), BD Holding S. de R.L. de C.V. (Mexico), Becton Dickinson AcuteCare Holdings, Inc. (Delaware), Becton Dickinson Asia Limited (Hong Kong), Becton Dickinson Austria GmbH (Austria), CareFusion Corporation (Delaware, and U.K. Medical, Ltd. (U.K.) among others.
Founded in 1915 and headquartered at Dayton, Ohio, U.S. Midmark Corp.is one of the major manufacturer and supplier of dental, medical and veterinary equipment and technologies. Midmark Corp. was previously known as I.E. Industries, Inc. and the company changed its name to Midmark Corporation in 1978.
The company operates through three product categories such as dental products, medical products, and animal health products. The medical products segment of the company offers various devices, gynecology &urology products, cover &protection products, manual examination tables, consumables, lamps, care exchange workstations and diagnostic devices. The dental product categories provide products, which include seating, instrument processing, operatory packages, chairs, and imaging products. They also provide technical services and numerous training programs for therange of service providers and regional managers.The diagnostic devices comprises of the equipment used for the diagnosis of nasal, throat and respiratory problems.
Midmark operates in Ohio along with seven locations in the U.S. and it has its subsidiaries in Italy, India, and the United Kingdom.
Founded in 1915 and headquartered at New York, U.S., Welch Allyn is involved in the development and commercialization of medical diagnostics equipment. The company offers its products through five product categories such as software and services, vital signs monitoring, physical assessment, diagnostic cardiopulmonary, and thermometry. The cardiopulmonary connects to the EMR with the PC-Based Exercise ECG which can help in improving, accuracy, and enable immediate access to patient diagnostic information and enhance practice efficiency. The company also offers the spare parts and accessories, which includes miscellaneous parts, BP cuffs, housings/casings, connectors and tubing, cables and sensors, circuit boards &assemblies, power supplies/cords/chargers, ear tips/specula, mounting options, SPO2 accessories, hardware, lamps, stethoscope accessories and others.
Welch Allyn, Inc. is a subsidiary of Hill-Rom Holdings, Inc. The company runs its operations across U.S.and26 different countries such as Canada, Beaverton, Brazil, Mexico, Germany, Netherlands, Ireland, United Arab Emirates, U.K., South Africa, Sweden, Australia, China, Japan, India, Malaysia, Singapore and others.
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