Asia Pacific Spirometer Market Size & Outlook, 2022-2030
Asia Pacific spirometer market, 2018-2030 (US$M)
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Asia Pacific spirometer market highlights
- The Asia Pacific spirometer market generated a revenue of USD 225.5 million in 2022.
- The market is expected to grow at a CAGR of 11% from 2023 to 2030.
- In terms of segment, table top was the largest revenue generating type in 2022.
- Desktop is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 225.5 million |
| Market revenue in 2030 | USD 521.4 million |
| Growth rate | 11% (CAGR from 2022 to 2030) |
| Largest segment | Table top |
| Fastest growing segment | Desktop |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hand Held, Table Top, Desktop |
| Key market players worldwide | Koninklijke Philips NV, SCHILLER, Smiths Group PLC, Welch Allyn, Vyaire Medical, SDI, NSPIRE Healthcare, Fukuda Electronics Corporation, Sibelmed, Vitalograph, Geratherm Respiratory |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.5% of the global spirometer market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 521.4 million by 2030.
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Spirometer Market Scope
Spirometer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific spirometer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to spirometer market will help companies and investors design strategic landscapes.
Table top was the largest segment with a revenue share of 43.59% in 2022. Horizon Databook has segmented the Asia Pacific spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
Asthma is one of the major chronic diseases in the Asia Pacific region. The overall prevalence of COPD in Asia Pacific was reported to be around 6.2%. High prevalence of chronic respiratory diseases in this region is due to increase in the number of smokers, poor disease diagnosis, and limitations of pulmonary function tests.
High prevalence in this region is also indicative of the socioeconomic burden of disease, owing to which national healthcare organizations have recommended the use of spirometry for early detection of COPD and asthma for improving patient outcomes.
Manufacturers have launched several handheld spirometers, which are available in primary care settings in developed & developing countries in this region. These products are easy to use, portable, and affordable. Handheld spirometers have good specificity and accuracy for measuring lung functions compared to laboratory spirometry.
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Target buyers of Asia Pacific spirometer market databook
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Our clientele includes a mix of spirometer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific spirometer market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific spirometer market size, by country, 2018-2030 (US$M)
Asia Pacific Spirometer Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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