Spirometer Market Size, Key Vendors, Growth Rate, Drivers, and Volume & Forecast Report to 2024

The Spirometer Market has experienced significant growth, with a valuation of USD 1.12 billion in 2023. Forecasts suggest a promising trajectory ahead, projecting the market to reach USD 2.39 billion by 2031. This anticipated expansion reflects a robust compound annual growth rate (CAGR) of 10.17% over the forecast period from 2024 to 2031. Factors contributing to this growth include the increasing prevalence of respiratory diseases, technological advancements in spirometry devices, and growing awareness about the importance of respiratory health. As spirometry continues to play a crucial role in diagnosing and monitoring various respiratory conditions, the market is poised for further development and innovation to meet the evolving needs of patients and healthcare providers.