China Spirometer Market Size & Outlook, 2022-2030
China spirometer market, 2018-2030 (US$M)
Related Markets
China spirometer market highlights
- The China spirometer market generated a revenue of USD 53.1 million in 2022 and is expected to reach USD 126.8 million by 2030.
- The China market is expected to grow at a CAGR of 11.5% 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 53.1 million |
| Market revenue in 2030 | USD 126.8 million |
| Growth rate | 11.5% (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, China accounted for 5.1% 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 Asia Pacific, Japan spirometer market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 126.8 million by 2030.
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Spirometer Market Scope
Spirometer Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 43.5% in 2022. Horizon Databook has segmented the China spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
Due to increase in industrial pollution, the prevalence of chronic respiratory diseases is rising in China. Advanced medical treatments are still unaffordable for most people due to low per capita income. Moreover, most people in China live in rural areas and the healthcare facilities in such areas are still developing.
Thus, there is a need for affordable, portable, and reliable spirometer for early diagnosis and monitoring of chronic respiratory diseases such as COPD, which is the fourth leading cause of deaths in the country.
Handheld spirometers are mostly used for disease diagnosis in primary care clinics in urban areas. Laboratory-based spirometers are used for monitoring of diseases. However, according to a recent survey, only 6.5% of COPD patients in China have been tested using spirometry.
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Target buyers of China 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 China spirometer market , including forecasts for subscribers. This country databook contains high-level insights into China spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China spirometer market size, by type, 2018-2030 (US$M)
China Spirometer Market Outlook Share, 2022 & 2030 (US$M)
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