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Spirometer Market: Opportunities and Challenges

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Spirometer Market: Opportunities and Challenges

October 22
18:27 2019
Spirometer Market: Opportunities and Challenges

Some of the prominent players in the spirometers market are Hill-Rom (US), Vyaire Medical (US), Fukuda Sangyo (Japan), Chest MI (Japan), Schiller AG (Switzerland), MGC Diagnostics (US), and Medical International Research (Italy).
Growth in this market is largely driven by the rising global incidence of respiratory diseases, increasing aging population, and the technological shift in spirometer devices towards smartphone-based data acquisition.

The spirometers market is projected to reach USD 1,047.5 million by 2023 from USD 655.2 million in 2018, at a CAGR of 9.8%. Growth in this market is largely driven by the rising global incidence of respiratory diseases, increasing aging population, and the technological shift in spirometer devices towards smartphone-based data acquisition. On the other hand, dependence on patient and other human interventions for data will hinder the growth of this market and will remain a challenge. In this report, the spirometers market is further segmented by product, mechanism, application, end user, and region.

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Opportunities

Emerging economies

Emerging economies such as India, Brazil, China, and South Africa provide significant opportunities for players in the spirometry devices market. Such economies are moving towards mass industrialization and increasing levels of pollution. Of the top 20 most polluted cities in the world, 14 are in India. In 2016, more than 60,000 children under the age of five died in India, which is the highest in the world. The use of spirometers for monitoring lung health is at a very low level in these countries. This is due to lack of awareness, social stigmas, and inadequate healthcare infrastructure. Most primary healthcare centers which are located in remote locations and come in direct contact with the people do not use spirometers as part of their basic health check-up. The scenario is improving with awareness programs.

Challenges

Need for skilled professionals and the possibility of inaccuracy

The accuracy of spirometry tests depends greatly on the patient, the technologist, and the interpreter. Most pre-school and old age population are not able to perform the test accurately. The FVC test includes three breathing exercises that are difficult to perform even under the presence of experienced technologists. The patience and communication skills of the technologist form an important factor affecting the quality of the tests. The interpretation of these results based on the applicable GOLD standard is also a matter of concern.

Furthermore, in the case of personalized devices, the challenge exists in maintaining the accuracy of the data, due to high dependency on the ability of the patient to use the spirometer accurately. Every patient is expected to carry out the test in triplicates. The ability of the patient to maintain accuracy in each test without guidance from experts is difficult to ascertain. This forms a huge challenge for the adoption of the personalized spirometers.

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