Report ID: SQMIG35A2503
Report ID:
SQMIG35A2503 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
92 |
Figures:
76
North America held the largest market share in 2023 with 38.04% due to increasing incidences of respiratory diseases. Asthma and COPD incidence has led to higher spirometer sales because of disease necessity and acceptance among hospital doctors. Also, the United States has been at the forefront of embracing technologies to reduce the incidences of COPD. Such factors indicate that the market has good potential for growth in the future for the given forecast period. Chronic respiratory diseases are prevalent in the United States, which increases the need to monitor the conditions through portable handheld spirometers.
The European market is growing at a higher rate during the forecast period owing to the rising number of product approvals from healthcare authorities. Government campaigns that seek to educate people on respiratory illnesses are also increasing the number of persons seeking diagnostic procedures. The well-developed hospital industry of Germany is also creating the need for sophisticated table-top spirometers for respiratory assessments. Spirometry devices used in hospitals, particularly those that are technologically advanced, are part of this market. Table-top spirometers give healthcare professionals the essential equipment to complete comprehensive respiratory evaluations and be able to diagnose different respiratory disorders. This increased demand for sophisticated spirometers is indicative of Germany’s continuing focus on providing quality health care and developing new medical technologies.
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Report ID: SQMIG35A2503