Spirometer Market, By Product Type (Hand Held, Table Top, Desktop), By Technology Type (Volume Measurement, Flow Measurement, Peak Flow Measurement), By Application (Asthma, Chronic Obstructive Pulmonary Disease, Cystic Fibrosis, Pulmonary Fibrosis, Others (Emphysema, Chronic Bronchitis, and Bronchiectasis)), By End User (Hospitals and Clinics, Home Healthcare), By geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa), By geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Sep 2023

Code : CMI2615

Pages :180

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Global Spirometer Market - Drivers

Increasing product approvals by regulatory authorities: The spirometer market is significantly driven by the increasing product approvals from regulatory authorities worldwide. Approvals, such as those from the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA), assure the safety and efficacy of spirometry devices, instilling confidence among healthcare providers. For instance, on September 7, 2023, Roundworks Technologies Private Limited, an India-based non-government company, announced the U.S. FDA clearance for the distribution of Alveoair spirometers in the U.S. These approvals are prerequisites for market entry, enhancing product credibility and fostering global expansion. They also incentivize manufacturers to invest in research and development, driving innovation in spirometry technology.
Growing geriatric population: The average lifespan of people is increasing worldwide. According to a report released by World Health Organization (WHO) in October 2022, 1 billion people in 2020 were aged 60 years or above. Furthermore, this number is expected to rise to 1.4 billion by 2030. This aging population is more susceptible to respiratory issues, which drives the demand for spirometry testing. Older individuals are at a higher risk of conditions like COPD and require ongoing monitoring of their lung function. Thus, the increasing geriatric population is propelling the growth of global spirometer market.

Global Spirometer Market: Restraint

Technical complexities associated with using spirometers can limit their adoption: Spirometers are medical devices designed to measure lung function by assessing the volume and flow of air inhaled and exhaled by an individual. While they are invaluable tools in diagnosing and managing respiratory conditions, they can be technically complex instruments for several reasons. Firstly, spirometers must be carefully calibrated to ensure accuracy. This involves regular checks and adjustments to guarantee that the measurements are consistent and reliable. Calibration requires specialized knowledge and equipment, making it a task typically performed by trained professionals. Secondly, spirometers rely on sophisticated sensors and software algorithms to capture and interpret the data accurately. Any deviation from proper sensor functionality or software calibration can lead to erroneous results, potentially affecting patient care. Additionally, the proper administration of spirometry tests requires healthcare professionals to provide clear and standardized instructions to patients. Patients must perform specific breathing maneuvers, such as forced expiratory maneuvers, with precision and consistency. Such technical complexities have limited the adoption of spirometers across the globe.

Counterbalance: There is a necessity for adequate training for both patients and healthcare providers to ensure standard use of spirometers for reliable test results. Furthermore, the calibrations at regular intervals can avoid erroneous results and increase fidelity of spirometry.