Global Spirometer Market Size, Share, Growth, Trends and Industry Analysis Report, 2019 to 2026
The global spirometer market size was valued at USD 732.5 million in 2018 and is expected to grow at a CAGR of 9.6% over the forecast period. The dramatic increase in the incidence of chronic obtrusive pulmonary diseases (COPD), rising levels of air pollution, and technological improvements in monitoring solutions are some of the key factors contributing to the growth of spirometers market worldwide.
(firmenpresse) - The global spirometer market size is expected to reach USD 1.53 billion by 2026, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.6% over the forecast period. The prevalence of chronic respiratory diseases is rising worldwide among adults as well as children. Over 2 billion people are currently estimated to be exposed to air pollution on a regular basis, driving the incidence rate of respiratory disorders. Diagnosis and monitoring of respiratory diseases have become crucial in hospitals as well as home settings.
Around 230 million people are affected by asthma across the globe. In addition, around 30% of pediatric hospitalizations are attributed to asthma. Asthma and related respiratory disorders have been increasing due to worsening environmental conditions. Spirometry is an effective method to diagnose and monitor respiratory health. The American Thoracic Society and the European Respiratory Society have been proactively working on the standardization of spirometry measurements and global guidelines.
The developed countries such as the U.S. have standard reimbursement policies dedicated for spirometry through Medicare, Medicaid, and third-party insurance. The national spirometry amounts were increased due to revised Medicare Fee Schedule, 2018.
Further Key Findings from the Report Suggest:
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Datum: 13.09.2019 - 05:49 Uhr
Sprache: Deutsch
News-ID 1552181
Anzahl Zeichen: 3899
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Date of sending: 13.09.2019
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