Canada Spirometer Market Size & Outlook, 2022-2030
Canada spirometer market, 2018-2030 (US$M)
Related Markets
Canada spirometer market highlights
- The Canada spirometer market generated a revenue of USD 43.0 million in 2022 and is expected to reach USD 96.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.7% 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.
Spirometer market data book summary
| Market revenue in 2022 | USD 43.0 million |
| Market revenue in 2030 | USD 96.7 million |
| Growth rate | 10.7% (CAGR from 2022 to 2030) |
| Largest segment | Table top |
| Fastest growing segment | Desktop |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Canada accounted for 4.1% of the global spirometer market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. spirometer market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 96.7 million by 2030.
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Spirometer Market Scope
Spirometer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 43.72% in 2022. Horizon Databook has segmented the Canada spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
In Canada, COPD is one of the top causes for mortality and morbidity. The prevalence of COPD in Canada is around 4%, according to the national estimates. Around 8.1% of Canadian population, that is around 2.4 million people, are reported to be suffering from asthma.
The Canadian Thoracic Society has formulated clinical guidelines specifying the use of spirometers for diagnosis of asthma and COPD. According to a 2016 nationwide survey carried out in Canada, majority of family physicians used spirometer in their practices for diagnosing and monitoring patients with asthma & COPD.
However, there are different provincial accreditation guidelines in Ontario, British Columbia, and Alberta that specify that a trained medical officer or quality advisor should oversee the spirometry testing. New product launches to meet the increasing demand of spirometer for the management of cystic fibrosis, asthma, and COPD patients are expected to drive the COPD market in country.
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Target buyers of Canada 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 country-level data and insights on the Canada spirometer market , including forecasts for subscribers. This country databook contains high-level insights into Canada spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada spirometer market size, by type, 2018-2030 (US$M)
Canada Spirometer Market Outlook Share, 2022 & 2030 (US$M)
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