Spirometers Market Insights Video

According to Cognitive Market Research, the global Spirometers market size was USD 1125.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.60% from the year 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 450.24 million in 2024 and will rise at the compound annual growth rate (CAGR) of 8.8% from the year 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 337.68 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 258.89 million in 2024 and will rise at the compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 56.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 22.51 million in 2024 and will rise at the compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.
• The asthma category is the fastest growing segment of the Spirometers industry