Europe Spirometer Market Size & Outlook, 2022-2030
Europe spirometer market, 2018-2030 (US$M)
Related Markets
Europe spirometer market highlights
- The Europe spirometer market generated a revenue of USD 301.9 million in 2022.
- The market is expected to grow at a CAGR of 10.5% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 301.9 million |
| Market revenue in 2030 | USD 671.7 million |
| Growth rate | 10.5% (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, Europe region accounted for 28.8% 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 |
|---|
Europe 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 Europe spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
The European Respiratory Society has undertaken initiatives to raise awareness about asthma and other chronic respiratory disorders. They have formed mandatory standards and guidelines for monitoring of spirometry data. The standard is based on the American Standard Code for Information Interchange. Spirometry instrumentation and interpretation has been described in the standard.
The rising incidence of chronic respiratory diseases in this region will contribute to the growth of the European spirometer market. Spirometers are most commonly used for performing pulmonary function tests. In 2005, the European Respiratory Society and the American Thoracic Society employed technical standards to conduct spirometry.
However, current advancements and computational capabilities, due to enhanced quality assurance approaches & new research studies, have led to the need for updating the 2005 technical standards. Hence, recommendations are being provided to clinicians, researchers, operators, and manufacturers for improving precision, quality, & accuracy of spirometry tests and calculations.
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Target buyers of Europe 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 Europe spirometer market , including forecasts for subscribers. This continent databook contains high-level insights into Europe spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe spirometer market size, by country, 2018-2030 (US$M)
Europe Spirometer Market Outlook Share, 2022 & 2030 (US$M)
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