U.S. Spirometer Market Size & Outlook, 2022-2030
U.S. spirometer market, 2018-2030 (US$M)
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U.S. spirometer market highlights
- The U.S. spirometer market generated a revenue of USD 392.9 million in 2022 and is expected to reach USD 810.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 9.5% 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 392.9 million |
| Market revenue in 2030 | USD 810.3 million |
| Growth rate | 9.5% (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, U.S. accounted for 37.5% 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 North America, U.S. spirometer market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 96.7 million by 2030.
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Spirometer Market Scope
Spirometer Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 43.65% in 2022. Horizon Databook has segmented the U.S. spirometer market based on hand held, table top, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the North American spirometer market in the year 2019 due to technological advancements in this region. In addition, Medicare, Medicaid, and private insurers reimburse a certain proportion of the respiratory treatment expenditure. The U.S. FDA has classified spirometer as Class IIa medical device according to Directive 93/42/EC.
Spirometer is considered as an invasive device as it is partially inserted inside patient’s mouth. Spirometers are intended for transient use, as the duration of contact with the patient is less than 60 minutes.
Amid the COVID-19 pandemic, manufacturers are witnessing a boost in product demand from healthcare professionals as well as patients to monitor their lung functions at home. Technologically advanced respiratory health management companies have developed digital spirometers that enable patients to easily monitor their lung function.
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Target buyers of U.S. 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 U.S. spirometer market , including forecasts for subscribers. This country databook contains high-level insights into U.S. spirometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. spirometer market size, by type, 2018-2030 (US$M)
U.S. Spirometer Market Outlook Share, 2022 & 2030 (US$M)
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