Global Spirometer Market
Difficulty in breathing is one of the most common problems affecting people across the world. Spirometer is a common device employed in the diagnosis and treatment of certain lung diseases. The device measures the inhalation and exhalation volumes of air in a single breath. Spirometers are usually employed for diagnosing Chronic Obstructive Pulmonary Disease (COPD) and asthma, as well as for monitoring other lung conditions, such as chronic bronchitis, pulmonary fibrosis, and emphysema.
Global Spirometer Market Drivers
Increasing prevalence of respiratory diseases and disorders is expected to propel growth of the spirometer market. According to The World Health Organization’s (WHO) report 2016, around 235 million people suffer from asthma worldwide annually. COPD is a progressive, life -threatening disease, which causes blockage into the air tubes. Hence increasing number of respiratory disease demands for more spirometers and thus support the global spirometer market growth.
The key market contenders are focused on launching new products, which would consequently boost the growth of the global spirometer market. For instance, in April 2018, NuvoAir AB launched smart wireless spirometer for home use. It is a small, wireless, and portable device that can be easily connected to smartphones via Bluetooth. Similarly, in June 2018, Henry Schein Medical announced the availability of EasyOne Air spirometer with advanced features such as flexible use, color touch screen, Bluetooth and Electronic Medical Record (EMR) connectivity to improve diagnosis of COPD and asthma.
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Global Spirometer Market Restraints
The use of spirometer devices is a major inclusion criterion for the diagnosis of COPD. Therefore, accuracy and quality of spirometer is crucial for diagnosis and management of such respiratory diseases. Low quality and lesser accuracy of spirometer can lead to failure of diagnosis of respiratory diseases and may hamper the growth of the global spirometer market in the foreseeable future. For instance, in December 2016, American Thoracic Society (ATS) tested 17 spirometers for accuracy and quality, which are used in primary care offices with waveform generator. According to ATS results, only 1 of 17 spirometers were accurate, with minimum errors for FVC (forced vital capacity) and FVE 1 (ratio of forced expiratory volume to total volume of air exhaled).
Global Spirometer Market – Geographical Analysis
North America is expected to hold the leading position in the global spirometer market. This can be attributed to the increasing collaboration activities and high incidences of respiratory diseases and disorders in the region. For instance, in December 2016, Propeller Health collaborated with Medical International Research (MIR). Under this collaboration, Propeller Health incorporated MIR’s clinical spirometer into its digitally-guided respiratory therapy platform to improve management of respiratory conditions such as COPD and asthma.
Furthermore, Asia Pacific is expected to witness significant growth in the global spirometer market over the forecast timeline, primarily on account of the focus of the key market players on launching new products in the regional market. For instance, in September 2018, Sibelmed launched Datospir AIRA (spirometer) in three models: disposable, turbine, and Fleisch. This product boasts a number of advanced features, such as Bluetooth connectivity, visual indicator, ergonomic handle, temperature sensor, auto shut-down, and USB connectivity.
Global Spirometer Market – Key Competitors
The key players operating in the global spirometer market include Care Fusion, Philips Healthcare, Welch Allyn, NuVoAir, Propeller Health, Medical International Research, Cardioline, Sibelmed, Cosmed, Masimo Corporation and Fisher, and Paykel Healthcare Limited.
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