World Spirometer Market to Post 8.3% CAGR to 2024, Predicts Data Bridge in Its Discounted Report Added at MarketPublishers.com19 Dec 2017 • by Natalie Aster
LONDON – Worldwide, the spirometer sector is anticipated to gain healthy growth from a value of USD 553.9 million in 2016 to amount to USD 1,041.3 million by end-2024, registering an 8.3% CAGR. The market is stimulated by surging prevalence rates of respiratory illnesses, higher demand for devices used in home care settings, and a hike in the number of smokers.
Based on type, table-top spirometer is likely to grab the lion’s market share of 39.3% and reach USD 404.4 million by 2024, posting an 8.2% CAGR in the offing.
By technology, flow measurement spirometer is set to capture a share of 67.3% of the total market and amount to USD 719.5 million by 2024, demonstrating an 8.7% CAGR.
With respect to diseases, COPD is set to dominate the total spirometer market capturing 40.5% of the market and is poised to reach USD 438.2 million by 2024, recording the fastest CAGR of 8.9% through to 2024.
Discounted research report “Global Spirometer Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2024” drawn up by Data Bridge Market Research includes a deep, unprejudiced overview of the marketplace from a global perspective.
The study sheds light on the actual scenario and the development prospects of the world spirometer market to 2021. It provides calculations of the market size, company revenue and market share analysis. The research report canvasses market dynamics covering key market growth drivers, hindrances, challenges and opportunities. It offers market segmentation by product type, application, technology, end-user, and geography-wise. The publication traces light on the market competitive landscape, and includes granular profiles of the leading market players (each profile encompasses a company overview, financials, production, recent developments, opportunities, etc). The report provides future outlook for the market up to 2024.
Many other discounted and new research reports by Data Bridge are available at its online page at MarketPublishers.com.