Mexico Spirometer Market Size & Outlook, 2022-2030
Mexico spirometer market, 2018-2030 (US$M)
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Mexico spirometer market highlights
- The Mexico spirometer market generated a revenue of USD 13.2 million in 2022 and is expected to reach USD 28.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.3% 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 13.2 million |
| Market revenue in 2030 | USD 28.9 million |
| Growth rate | 10.3% (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, Mexico accounted for 1.3% 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 Latin America, Brazil spirometer market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 28.9 million by 2030.
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Spirometer Market Scope
Spirometer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 43.94% in 2022. Horizon Databook has segmented the Mexico spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
The prevalence of respiratory disorders such as asthma in Mexico is increasing, especially in people aged 40 and above. The prevalence of asthma in men was reported to be 3.3% and that in women was reported to be 6.2%. Spirometry is a preliminary test performed for measuring pulmonary function in Mexico. Majority of tests are performed using a handheld, portable, and digital spirometer.
Spirometers available in Mexico are used based on recommendations provided by the American Thoracic Society, the Occupational Safety & Health Administration, and the European Respiratory Committee.
Increasing demand for technologically advanced devices has led to the launch of new products in the market. For instance, in September 2019, NuvoAir launched its Air Next spirometer in the Mexican market by obtaining the approval from the Mexican Secretary of Health.
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Target buyers of Mexico 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 Mexico spirometer market , including forecasts for subscribers. This country databook contains high-level insights into Mexico spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico spirometer market size, by type, 2018-2030 (US$M)
Mexico Spirometer Market Outlook Share, 2022 & 2030 (US$M)
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