The global “Spirometer Market” is expected to showcase an exponential growth by exhibiting a CAGR of 4.7% between 2020 and 2027. This is attributable to the increasing focus on technological advancement in spirometer owing to the rising prevalence of chronic respiratory diseases globally. Fortune Business Insights, in its latest report, titled, “Spirometer Market Size, Share & COVID-19 Impact Analysis, By Product Type (Devices, Software, Accessories & Consumables), By Type (Volume Measurement and Peak Flow Meters), By Application (Chronic Obstructive Pulmonary Disorder (COPD), Asthma, and Others), By End User (Hospitals, Diagnostic Centers, Homecare Settings, Physician/Primary Care Offices or Clinics, and Other Facilities), and Regional Forecast, 2020-2027,” observes that the market stood at USD 504.2 million in 2019 and is projected to reach USD 716.8 million by 2027.
Get Request a Sample Copy of the Spirometer Report:https://www.fortunebusinessinsights.com/enquiry/sample/spirometers-market-100486Supply Chain Disruptions in Healthcare to Affect Market Dynamics
The new coronavirus has had a significant impact on global healthcare market dynamics. The medical equipment supply chain around the world have been disrupted as a result of the pandemic. For example, some of the market’s main participants are experiencing supply problems, particularly from Chinese wholesalers. On the other hand, due to a lack of locally sourced raw materials or parts, the production processes of some market participants have been hampered. For example, Vitalograph, a spirometry equipment maker located in Ireland, has had production challenges since some parts are sourced from China.
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