Plethysmograph Market Size & Share, by Type (Body, Limbs); Application (Adult, Baby); End-user (Hospitals, Clinics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4878
  • Published Date: May 01, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Plethysmograph Market size is anticipated to cross USD 160 Million by the end of 2035, growing at a CAGR of 5% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of plethysmograph was USD 98 Million. The growth of the market can be attributed to the increasing prevalence of chronic respiratory diseases, such as asthma and COPD, as well as the growing demand for accurate diagnosis of respiratory diseases. As of 2019, chronic respiratory diseases accounted for 534,242 deaths in North America, with 50% of deaths occurring in men and 50% in women. The mortality rate among men (42.2 deaths per 100,000) was higher than the mortality rate among women (31.0 deaths per 100,000). Plethysmographs are used to measure the volume of air in the lungs, as well as the amount of oxygen that is inhaled and exhaled. As the prevalence of respiratory diseases increases, the need for more accurate and reliable measurement of air volume and oxygen levels also increases, driving up the market growth.

In addition to these, factors that are believed to fuel the market growth of plethysmographs include growing awareness about health and well-being, increasing prevalence of lifestyle diseases, rising demand for non-invasive and painless diagnostic procedures, Moreover, technological advances in medical devices enable the development of next-generation plethysmographs, which is projected to drive market growth in coming years. For instance, COSMED's Q-Box is an advanced body box designed to accurately measure thoracic gas volume, including static lung volume (TLC, RV, and ITGV) and airway resistance and conductance (RAW and GAW) using complete body plethysmography.


Plethysmograph Market
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Plethysmograph Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Popularity of Remote Monitoring Among Patients - According to a survey conducted in 2020, 22 million U.S. patients used remote patient monitoring tools and services. It is expected that 29 million U.S. patients will have access to remote patient monitoring devices and tools by 2024. Remote monitoring allows patients to track their health from the comfort of their homes, using devices such as plethysmographs, which measure blood oxygen levels and respiration rates. This eliminates the need for frequent hospital visits, increasing convenience for the patient and reducing healthcare costs for the provider.
  • Continuous Improvement in Healthcare Technology - For instance, wearable photoplethysmography sensors are the latest technological advancements in plethysmographs. This technology has enabled the development of more accurate and reliable devices for measuring human vital signs, such as heart rate and respiration. These devices can be used for medical diagnostics, research, and monitoring of health and fitness.
  • Increasing Number of Geriatrics Worldwide - As people age, they are more prone to suffer from respiratory illnesses such as asthma, COPD, and other chronic conditions. Plethysmographs are used to measure the volume of air in and out of the lungs, which helps diagnose these conditions. For instance, In accordance with the World Ageing Report 2019, it is expected that the number of people aged 65 and over will reach 83.813 million by 2050, up from 53.340 million in 2019. With the growing global geriatric population, the demand for plethysmographs is expected to rise.
  • Rise in the Number of Tobacco Smoking - According to the World Health Organization, tobacco is responsible for the death of more than 8 million individuals annually. Approximately 22.3% of the world's population smoked in 2020, along with 36.7% of men and 7.8% of women. As more people take up smoking, there is an increasing need for accurate and reliable medical diagnostic devices to monitor respiratory health. Plethysmographs measure changes in the volume of a body part, usually the lungs, and are used to detect abnormalities in lung function.
  • Rising Prevalence of Chronic Obstructive Pulmonary Disease (COPD) - COPD is a serious lung condition characterized by difficulty breathing. As COPD becomes more common, diagnostics and treatments are needed. According to statistics released by the World Health Organization, COPD ranks third in mortality worldwide, causing 3.23 million deaths in the year 2019. This has contributed to an increased demand for plethysmographs, which are devices used to diagnose and monitor COPD.

Challenges

  • High cost of plethysmographs and their associated accessories- The high cost of plethysmographs and their associated accessories is due to the expensive components used in the plethysmograph system, such as pressure transducers and amplifiers, which increase the overall cost of the system. Additionally, the cost of calibration and maintenance of the plethysmograph system can also be expensive and is a major factor hindering market expansion.
  • Unawareness regarding the use of plethysmographs in remote areas
  • Lack of trained professionals to operate the equipment

Plethysmograph Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~5%

Base Year Market Size (2022)

~ USD 98 Million

Forecast Year Market Size (2035)

~ USD 160 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

 

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Plethysmograph Segmentation

End-user (Hospitals, Clinics)

The global plethysmograph market is segmented and analyzed for demand and supply by end use into hospitals, clinics, and others. Out of these, the hospital segment is estimated to gain the largest market share of about 45% in the year 2035. The growth of the segment can be attributed to the rising number of hospital-based procedures, the increasing prevalence of chronic diseases, and technological advancements in plethysmograph devices are some of the factors driving the growth of the hospital segment. Additionally, government initiatives to promote the use of medical devices in healthcare facilities is further augmenting the market growth. For instance, the Government of India has initiated a program known as the National Health Mission, which is designed to provide free diagnostic services in hospitals with the help of noninvasive and low-cost tools to improve patients’ clinical outcomes.

Type (Body, Limbs)

The global market is segmented and analyzed for demand and supply by type into body plethysmograph, limb plethysmograph, and others. Out of these, the limb plethysmograph segment is estimated to gain a significant market share of about 38% in the year 2035. The growth of the segment can be attributed to the increasing prevalence of chronic illnesses such as hypertension and diabetes, which require frequent monitoring of limb volume. The limb plethysmograph is a non-invasive device that can measure the amount of blood flow in the limbs, which is important for monitoring hypertension and diabetes. Additionally, advancements in technology have made plethysmographs more accurate and user-friendly, and market players are launching products with these features, which is boosting the demand for plethysmographs.

Our in-depth analysis of the global market includes the following segments:

     By Type

  • Body Plethysmograph
  • Limbs Plethysmograph
  • Others

     By Application

  • Adult
  • Baby

     By End Use

  • Hospitals
  • Clinics
  • Others
 

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Plethysmograph Market Industry - Regional Synopsis

North American Market Forecast   

The market share of plethysmograph in North America, amongst the market in all the other regions, is projected to be the largest with a share of about 35% by the end of 2035. The growth of the market can be attributed majorly to the increasing awareness of the importance of preventive healthcare, and rising incidences of lung diseases such as asthma. According to the Asthma and Allergy Foundation of America, in the U.S., nearly 26 million people suffer from asthma and nearly 21 million Americans ages 18 and older suffer from asthma. In 2020, approximately 52.9% of children under the age of 5 suffering from asthma had an asthma attack. Asthma is a chronic lung disease that causes breathing difficulties and wheezing. The use of a plethysmograph allows doctors to measure the amount of air that a person can breathe in and out, which is helpful in diagnosing and monitoring asthma. In addition, advancements in connected healthcare technologies and the growing adoption of digital health solutions along with increasing demand for remote patient monitoring among regional populations are also driving the growth of the market in North America.

APAC Market Statistics

The Asia Pacific plethysmograph market is estimated to be the second largest, registering a share of about ~27% by the end of 2035. The growth of the market can be attributed majorly to the rising demand for ambulatory monitoring systems and the increasing prevalence of obesity as a result of sedentary lifestyles among the regional population. Obesity can contribute to a number of health issues such as cardiovascular diseases and respiratory problems, which in turn increases the demand for medical care and monitoring. Plethysmographs are used to monitor pulmonary function and are therefore in high demand in the Asia Pacific region attributable to the rising number of obese individuals. Additionally, increasing awareness about the advantages of plethysmograph testing and the availability of cost-effective plethysmograph systems in the region are also expected to drive market growth in the region.

Europe Market Forecast

Further, the plethysmograph market in Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed majorly to the rising awareness about the benefits of the plethysmograph, the growing demand for technologically advanced medical devices, and the increasing demand for non-invasive diagnostic procedures. The growing number of people addicted to liquor and Smoking is also contributing to product demand in the region. Alcohol and smoking damage the lungs, making them more vulnerable to infection and diseases. This increases the need for accurate and reliable diagnostic tools, such as plethysmographs, to detect and diagnose respiratory problems.

Research Nester
Plethysmograph Market Size
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Companies Dominating Plethysmograph the Landscape

top-features-companies
    • SCIREQ
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Vyaire Medical
    • ACI Medical LLC
    • BioTekna Srl
    • D. E. Hokanson Inc.
    • Geratherm Medical AG
    • medical equipment Europe GmbH,
    • Medizinische Messtechnik GmbH
    • MGC Diagnostics Corp.
    • Piston Ltd.

In-the-news

In The News

  • An innovative portable plethysmograph, the Pneupac Solo PV2, was introduced by Vyaire Medical. The device is designed to measure the volume of air that is inhaled and exhaled, making it easier for doctors to diagnose and monitor asthma and other respiratory conditions. It is also designed to be lightweight and portable, making it easy to use in the home or on the go.
  • A new SCIREQ product, the vivoFlow - WBP (Whole Body Plethysmograph Chamber), was unveiled at the Experimental Biology Meeting. As well as being fully compatible with current systems, the vivoFlow has a number of design features that both improve the quality of data and make it easier to use.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4878
  • Published Date: May 01, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing prevalence of chronic diseases, such as respiratory and cardiovascular diseases, and increasing awareness about the potential of plethysmography to diagnose these diseases are the major factors driving the market growth.

The market size of plethysmograph is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.

Unawareness regarding the use of plethysmographs in remote areas and lack of trained professionals to operate the equipment are estimated to be the growth hindering factors for the market expansion.

The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are SCIREQ, Vyaire Medical, ACI Medical LLC, BioTekna Srl, D. E. Hokanson Inc., Geratherm Medical AG, medical equipment Europe GmbH, Medizinische Messtechnik GmbH, MGC Diagnostics Corp., Piston Ltd. And others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, end use and by region.

The hospitals segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Plethysmograph Market Report Scope
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