India Spirometer Market Size & Outlook, 2022-2030
India spirometer market, 2018-2030 (US$M)
Related Markets
India spirometer market highlights
- The India spirometer market generated a revenue of USD 42.3 million in 2022 and is expected to reach USD 100.5 million by 2030.
- The India market is expected to grow at a CAGR of 11.4% 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 42.3 million |
| Market revenue in 2030 | USD 100.5 million |
| Growth rate | 11.4% (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, India accounted for 4.0% 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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India 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 India spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
Around 30 million people in India are reported to be suffering from asthma. The prevalence of asthma in India is in between 3% and 38% in pediatric patients. In adults, the prevalence ranges in between 2% and 12%. Thus, there is high demand for spirometers to improve the access of spirometry tests in primary care clinics and chest physician clinics.
Lack of availability of these devices and improper training of medical professionals are among the key factors for underutilization of spirometry for diagnosis & management of obstructive airway diseases in the country.
Increasing awareness about the importance of spirometry, launch of advanced & affordable spirometers, and improved training programs are factors likely to boost the spirometer market in India during the forecast period.
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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 India spirometer market , including forecasts for subscribers. This country databook contains high-level insights into India spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India spirometer market size, by type, 2018-2030 (US$M)
India Spirometer Market Outlook Share, 2022 & 2030 (US$M)
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