Peak Flow Meter Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition, and Forecasts 2022 to 2030
The global Peak Flow Meter Market was valued at US$ 68.3 Million in 2022 and is projected to reach USD 104.3 Million by 2030, growing at a CAGR of 4.4% from 2023 to 2030.
Peak Flow Meter Market Overview
A peak flow meter is a device similar to a thermometer for asthma patients. This device is used to measure lung function in the body. It is a portable tool that measures airflow or respiratory flow measurement (PEFR) to detect asthma attacks, monitor the treatment of chronic asthma, and provide details of any changes. The device helps diagnose allergies and prevent respiratory infections. However, high-flow radiation requires additional care and cleaning procedures to treat asthma and prevent respiratory infection rates.
Contrive Datum Insights has recently published the Peak Flow Meter Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Peak Flow Meter market.
Some of the key players profiled in the study are:Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: ResMed Corp., Becton, Dickinson, and Company., Siemens., Vitalograph Ltd., Medline Industries, Inc., Hoffer Flow Controls, Inc., Haag-Streit Holding AG, Koninklijke Philips N.V., JSB Health & Fitness Pvt Ltd., Esko Industriesa, John C. Ernst Co., Inc., and others.
- In January 2022, London-based company Smart Respiratory presented at Arab Health 2022 the first fully integrated 'smart' peak flow meter that allows patients to conveniently manage their asthma.
- In April 2017, Teleflex Incorporated, a leading global provider of medical technology for critical care and surgery, introduced the AsthmaMD Peak Flow Meter to help monitor and measure lung function in people with asthma.
What are the major Applications, Types, and Regions for the Peak Flow Meter Market?
On the Basis of Type:
- Electronic Meter
- Mechanical Meter
- Peak Expiratory Flow Measurement
- Forced Expiratory Volume Measurement
On the Basis of End User:
- Diagnostic Centres
- Homecare Settings
Peak Flow Meter Market Regional Insights:
North America dominates the world's largest Peak Flow Meter market due to the high prevalence of asthma, high patient awareness, and high healthcare expenditure per capita. Early diagnosis and treatment of diseases are driving the medical biotechnology market, which is expected to expand to the largest Peak Flow Meter market in North America. According to the Asthma and Allergy Foundation of America, about 24 million people in the United States have asthma, making it one of the most common and costly diseases in the region. Europe is the second largest market for maximum flowmeters due to favorable government policies regarding healthcare infrastructure and awareness programs. Growing climate change impacting the health of children and the elderly population causing asthma, common flu, etc. is likely to drive the largest Peak Flow Meter market in Europe. The Asia-Pacific market is expected to grow at a faster pace due to population growth, rising mortality rates from asthma, lifestyle changes, rising patient awareness, and rising per capita spending. These factors contribute to the growth of the peak flow meter market in the Asia Pacific.
Geographically, the global Peak Flow Meter market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- Rest of North America
- The Netherlands
- Nordic Countries
- Benelux Union
- Rest of Europe
- Rest of Southeast Asia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Peak Flow Meter Market Report Scope:
CAGR of 4.4% from 2022 to 2030.
Electronic Meter, Mechanical Meter
Peak Expiratory Flow Measurement, Forced Expiratory Volume Measurement
By End User
Hospitals, Clinics, Diagnostic Centres, Homecare Settings
ResMed Corp., Becton, Dickinson, and Company., Siemens., Vitalograph Ltd., Medline Industries, Inc., Hoffer Flow Controls, Inc., Haag-Streit Holding AG, Koninklijke Philips N.V., JSB Health & Fitness Pvt Ltd., Esko Industriesa, John C. Ernst Co., Inc., and others.
Regions and Countries Covered
2017 to 2022
2023 to 2030
Frequently Asked Questions (FAQ) about the Peak Flow Meter market:
What is the CAGR of the global Peak Flow Meter market?
The Peak Flow Meter Market is growing at a CAGR of 4.4% during the forecast period.
Which region would offer high growth for vendors in the Peak Flow Meter market?
North America dominates the global peak flow meter market.
Which Is the Most potential market segment?
By Types- Electronic Meter, Mechanical Meter
By Applications - Home, Hospital
Which are the top industry players in the Peak Flow Meter market?
ResMed Corp., Becton, Dickinson, and Company., Siemens., Vitalograph Ltd., Medline Industries, Inc., Hoffer Flow Controls, Inc., Haag-Streit Holding AG, Koninklijke Philips N.V., JSB Health & Fitness Pvt Ltd., Esko Industriesa, John C. Ernst Co., Inc., and others.All of our reports are custom to your company's needs to some extent and we offer 5 hours of free consultation time with each report purchase, which will allow you to request any additional data to custom the report to your needs.