UK Spirometer Market Size & Outlook, 2022-2030
UK spirometer market, 2018-2030 (US$M)
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UK spirometer market highlights
- The UK spirometer market generated a revenue of USD 36.1 million in 2022 and is expected to reach USD 78.7 million by 2030.
- The UK market is expected to grow at a CAGR of 10.2% 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 36.1 million |
| Market revenue in 2030 | USD 78.7 million |
| Growth rate | 10.2% (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, UK accounted for 3.5% 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 Europe, Germany spirometer market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 191.5 million by 2030.
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Spirometer Market Scope
Spirometer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 43.49% in 2022. Horizon Databook has segmented the UK spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
NHS Long-term Plan was published in 2019, recognizing respiratory diseases as a national/clinical priority. Early detection and diagnosis of COPD & asthma is required to improve patient outcomes. The National Institute of Health and Care Excellence (NICE) has recommended spirometry to ensure accurate diagnosis of asthma and COPD.
Around 80% of primary care practices in the UK use spirometers for diagnosing and monitoring patients with COPD & asthma. Some of the leading brands of spirometer in the UK are NDD, Med chip, Spiro Connect, and CareFusion Spiro.
During the restoration phase of COVID-19, the country witnessed significantly high demand for respiratory function testing. Spirometry is considered essential during the assessment of obtrusive lung diseases, lung cancer, and lung damage of patients recovering from COVID-19.
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Target buyers of UK 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 UK spirometer market , including forecasts for subscribers. This country databook contains high-level insights into UK spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK spirometer market size, by type, 2018-2030 (US$M)
UK Spirometer Market Outlook Share, 2022 & 2030 (US$M)
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