Global Spirometer Market Forecasts to 2025 - World Market to Grow by $613.8 Million - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 29, 2019--
The “Spirometer - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
The Spirometer market worldwide is projected to grow by US$613.8 Million, driven by a compounded growth of 9.5%.
Volume Measurement Spirometer, one of the segments analyzed and sized in this study, displays the potential to grow at over 10.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$588.2 Million by the year 2025, Volume Measurement Spirometer will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 10.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$27.3 Million to the region’s size and clout in the next 5 to 6 years. Over US$28.6 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, Volume Measurement Spirometer will reach a market size of US$48.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9% over the next couple of years and add approximately US$104.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Chest M.I. Inc.
- Fukuda Sangyo Co. Ltd.
- Hill-Rom Holdings Inc.
- Medical International Research (MIR)
- MGC Diagnostics Corporation
- Midmark Corporation
- ndd Medizintechnik AG
- Schiller AG
- Vitalograph Inc.
- Vyaire Medical Inc.
For more information about this report visit https://www.researchandmarkets.com/r/v2vhwd
View source version on businesswire.com:https://www.businesswire.com/news/home/20191129005340/en/
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INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/29/2019 12:44 PM/DISC: 11/29/2019 12:44 PM