The spirometer market in Asia Pacific is expected to grow from US$ 210.00 million in 2022 to US$ 414.09 million by 2028. It is estimated to grow at a CAGR of 12.0% from 2022 to 2028.
Millions of people across the region are suffering from COPD and asthma, which are the two most common respiratory diseases that can seriously impact people’s health and even cause death. Patients with asthma and COPD should perform daily measurements of static and dynamic respiratory functions to track their pulmonary health and prevent exacerbations easily. Spirometers are the most common machines for such tests. They measure the volume and speed of air inhaled and exhaled to assess lung function and provide a first-level diagnostic test for pulmonary diseases and their progression. In addition, in 2018, the Indian Chest Society and the National College of Chest Physicians of India collaborated to develop evidence-based guidelines to help physicians at all healthcare levels in performing and scientifically interpreting spirometry. They jointly supported an expert group to provide recommendations for spirometry in India. Continuous initiatives by governments are likely to modernize and offer opportunities for the growth of the spirometer market during the forecast period.
Asia Pacific Spirometer Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Spirometer Market Segmentation
The Asia Pacific spirometer market is segmented by type, technology, application, and country. Based on type, the market is segmented into handheld spirometers, table-top spirometers, and desktop spirometers. The table-top spirometers segment dominated the market in 2022. By technology, the market is segmented into volume, flow, and peak flow. The flow segment dominated the market in 2022. By application, the market is segmented into asthma, chronic obstructive pulmonary disease, cystic fibrosis, and others. The chronic obstructive pulmonary disease segment dominated the market in 2022. Based on country, the market is segmented into China, Japan, India, South Korea, Australia, and the rest of Asia Pacific. Further, China dominated the market in 2022.
A few key players dominating the Asia Pacific spirometer market are Baxter International Inc.; COSMED Srl; Henry Schein, Inc.; ICU Medical Inc.; Teleflex Incorporated; and VYAIRE MEDICAL, INC.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Spirometer Market – By Type
1.3.2 APAC Spirometer Market – By Technology
1.3.3 APAC Spirometer Market – By Application
1.3.4 APAC Spirometer Market – By Country
2. APAC Spirometer Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Spirometer Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 APAC PEST Analysis
4.3 Experts Opinion
5. APAC Spirometer Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Respiratory Diseases
5.1.2 Increasing Preference of Home Care Products
5.2 Market Restraints
5.2.1 Unfavourable Reimbursement Scenario
5.3 Market Opportunities
5.3.1 Increasing Government Initiatives
5.4 Future Trends
5.4.1 Technological Shift Toward Smartphone-Based Data Collection
5.5 Impact Analysis
6. Spirometer Market– APAC Analysis
6.1 APAC Spirometer Market Revenue Forecast and Analysis
7. APAC Spirometer Market– by Type
7.1 Overview
7.2 APAC Spirometer Market, By Type, 2022 & 2028 (%)
7.3 Table-top Spirometers
7.3.1 Overview
7.3.2 Table-top Spirometers: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Desktop Spirometers
7.4.1 Overview
7.4.2 Desktop Spirometers: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Handheld Spirometers
7.5.1 Overview
7.5.2 Handheld Spirometers: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
8. APAC Spirometer Market – by Technology
8.1 Overview
8.2 APAC Spirometer Market Share by Technology – 2022 & 2028 (%)
8.3 Flow
8.3.1 Overview
8.3.2 Flow: APAC Spirometer Market Revenue and Forecast to 2028 (US$ Million)
8.4 Volume
8.4.1 Overview
8.4.2 Volume: APAC Spirometer Market Revenue and Forecast to 2028 (US$ Million)
8.5 Peak Flow
8.5.1 Overview
8.5.2 Peak Flow: APAC Spirometer Market Revenue and Forecast to 2028 (US$ Million)
9. APAC Spirometer Market– by Application
9.1 Overview
9.2 APAC Spirometer Market Share by Application – 2022 & 2028 (%)
9.3 Chronic Obstructive Pulmonary Disease (COPD)
9.3.1 Overview
9.3.2 Chronic Obstructive Pulmonary Disease (COPD): APAC Spirometer Market Revenue and Forecast to 2028 (US$ Million)
9.4 Asthma
9.4.1 Overview
9.4.2 Asthma: APAC Spirometer Market Revenue and Forecast to 2028 (US$ Million)
9.5 Cystic Fibrosis
9.5.1 Overview
9.5.2 Cystic Fibrosis: APAC Spirometer Market Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: APAC Spirometer Market Revenue and Forecast to 2028 (US$ Million)
10. APAC Spirometer Market– Country Analysis
10.1 APAC Spirometer Market Revenue and Forecasts to 2028
10.1.1 Overview
10.1.2 APAC: Spirometer Market Revenue and Forecasts to 2028, By Country (%)
10.1.2.1 Japan: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Japan: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.1.3 Japan: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.1.4 Japan: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
10.1.2.1.5 Japan: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.1.2.2 China: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 China: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.2.3 China: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.2.4 China: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
10.1.2.2.5 China: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.1.2.3 India Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 India: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.3.3 India: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.3.4 India: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
10.1.2.3.5 India: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.1.2.4 South Korea: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.4.1 Overview
10.1.2.4.2 South Korea: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.4.3 South Korea: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.4.4 South Korea: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
10.1.2.4.5 South Korea: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.1.2.5 Australia: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.5.1 Overview
10.1.2.5.2 Australia: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.5.3 Australia: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.5.4 Australia: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
10.1.2.5.5 Australia: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.1.2.6 Rest of APAC: Spirometer Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Overview
10.1.2.6.2 Rest of APAC: Spirometer Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.3 Rest of APAC: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.2.6.4 Rest of APAC: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
10.1.2.6.5 Rest of APAC: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
11. APAC Spirometers Market–Industry Landscape
11.1 Overview
11.2 Inorganic Growth Strategies
11.2.1 Overview
11.3 Organic Growth Strategies
11.3.1 Overview
12. Company Profiles
12.1 Teleflex Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 VYAIRE MEDICAL, INC.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 COSMED srl
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 HENRY SCHEIN, INC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Baxter International Inc. (Hill-Rom Holdings, Inc.)
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 ICU MEDICAL INC.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC Spirometer Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Japan: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 3. Japan: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 4. Japan: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 5. China: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 6. China: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 7. China: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 8. India: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 9. India: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 10. India: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 11. South Korea: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 12. South Korea: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 13. South Korea: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 14. Australia: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 15. Australia: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 16. Australia: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 17. Rest of APAC: Spirometer Market Revenue and Forecasts to 2028, By Type (US$ Million)
Table 18. Rest of APAC: Spirometer Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 19. Rest of APAC: Spirometer Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 20. Recent Inorganic Growth Strategies in the APAC Spirometers Market
Table 21. Recent Organic Growth Strategies in the APAC Spirometers Market
Table 22. Glossary of Terms
LIST OF FIGURES
Figure 1. APAC Spirometer Market Segmentation
Figure 2. APAC Spirometer Market – By Country
Figure 3. APAC Spirometer Market Overview
Figure 4. Table-top Spirometers Held Largest Share by Type of APAC Spirometer Market
Figure 5. China to Show Significant Growth During Forecast Period
Figure 7. APAC: PEST Analysis
Figure 8. Experts Opinion
Figure 9. APAC Spirometer Market Impact Analysis of Driver and Restraints
Figure 10. APAC Spirometer Market – Revenue Forecast and Analysis – 2020- 2028
Figure 11. APAC Spirometer Market, by Type, 2022 & 2028 (%)
Figure 12. Table-top Spirometers: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Desktop Spirometers: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Handheld Spirometers: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 15. APAC Spirometer Market Share by Technology – 2022 & 2028 (%)
Figure 16. Flow: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. Volume: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 18. Peak Flow: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 19. APAC Spirometer Market Share by Application – 2022 & 2028 (%)
Figure 20. Chronic Obstructive Pulmonary Disease (COPD): APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 21. Asthma: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. Cystic Fibrosis: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 23. Others: APAC Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. APAC Spirometer Market Overview, by Country (2022)
Figure 25. APAC: Spirometer Market Revenue and Forecasts to 2028, By Country (%)
Figure 26. Japan: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 27. China: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 28. India: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 29. South Korea: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 30. Australia: Spirometer Market Revenue and Forecasts to 2028 (US$ Million)
Figure 31. Rest of APAC: Spirometer Market – Revenue and Forecast to 2028 (US$ Million)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Spirometer Market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Spirometer Market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Spirometer Market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The List of Companies – Asia Pacific Spirometer Market
● Baxter International Inc.
● COSMED Srl
● Henry Schein, Inc.
● ICU Medical Inc.
● Teleflex Incorporated
● VYAIRE MEDICAL, INC.
At 12.0% CAGR, the Asia Pacific Spirometer Market is speculated to be worth US$ 414.09 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Asia Pacific spirometer market was valued at US$ 210.00 million in 2022 and is expected to reach US$ 414.09 million by 2028, registering an annual growth rate of 12.0% from 2022 to 2028. The increasing preference of home care products and increasing government initiatives are the critical factors attributed to the market expansion.
The market for pulmonary devices is growing owing to the higher adoption of home care products. The high growth potential in emerging markets and the development of miniaturized devices are among the crucial factors anticipated to provide growth opportunities to players operating in the spirometer home healthcare market. Due to rising healthcare costs, many patients suffering from chronic respiratory diseases prefer to undergo treatments in-home care settings. In addition, lung transplantation has become the ultimate therapeutic option for some patients with advanced lung disease. Transplantation outcomes has been improved with advances in operative techniques; however, optimal management of infection and organ rejection remains a problem, because the complications may be undetectable at early phases through routine clinical evaluation. In such cases, home spirometry serves as a useful instrument that can measure lung function, help monitor the progress post lung transplantation, and aid in the early detection of allograft dysfunction. Home spirometry offers advantages over clinic spirometry as it provides increased convenience for patients and more frequent lung function measurements, enabling early disease progression detection. Moreover, home spirometers are widely used to provide easy access to more detailed information regarding lung function. Spirometry is also used before lung cancer surgery to predict how well a patient will tolerate the operation and manage it once a portion or lobe of a lung is removed. In addition, one such spirometer is alveoair, a personal spirometer designed for asthma, COPD, and cystic fibrosis patients to help quantify their lung health. It enables patients to monitor their disease at home to help avoid attacks and unnecessary hospital visits. Alveoair is a clinically trialed spirometer that has completed its clinical trial in January 2021 and provides results at par with a hospital-grade spirometer. Furthermore, home monitoring of physiological variables has become progressively more practical with the miniaturization and falling costs of devices and consequent improvements in wireless electronic connectivity. Additionally, within respiratory medicine, home disease monitoring in the form of peak flow measurement is already a feature of asthma self-management. In lung transplantation recipients, daily surveillance spirometry is used to detect acute rejection episodes and has been preferred by many patients. By using home spirometry and daily check of its result, healthcare givers can have a close observation of the patients and help them to manage their health at home. Thus, the increasing preference for home care products is driving the spirometer market growth.
On the contrary, unfavorable reimbursement scenario hurdles the growth of Asia Pacific spirometer market.
Based on type, the Asia Pacific spirometer market is segmented into handheld spirometers, table-top spirometers, and desktop spirometers. The table-top spirometers segment held 43.5% market share in 2022, amassing US$ 91.45 million. It is projected to garner US$ 175.63 million by 2028 to expand at 11.5% CAGR during 2022–2028.
The Asia Pacific spirometer market, by technology, is segmented into volume, flow, and peak flow. The flow segment held 48.4% market share in 2022, amassing US$ 101.74 million. It is projected to garner US$ 203.39 million by 2028 to expand at 12.2% CAGR during 2022–2028.
The Asia Pacific spirometer market, by application is segmented into asthma, chronic obstructive pulmonary disease, cystic fibrosis, and others. With 39.8% share of the domain, the chronic obstructive pulmonary disease segment dominated the market in 2022. It accrued US$ 83.49 million in 2022 and is estimated to generate US$ 166.37 million by 2028 to grow at a CAGR of 12.2% over the forecast period.
Based on country, the Asia Pacific spirometer market is categorized into China, Japan, India, South Korea, Australia, and the rest of Asia Pacific. Our regional analysis states that China captured 25.7% market share in 2022. It was assessed at US$ 54.07 million in 2022 and is likely to hit US$ 110.31 million by 2028, exhibiting a CAGR of 12.6% during the forecast period.
Key players dominating the Asia Pacific spirometer market are Baxter International Inc.; COSMED Srl; Henry Schein, Inc.; ICU Medical Inc.; Teleflex Incorporated; and VYAIRE MEDICAL, INC among others.
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