Global Peak Flow Meter Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Peak Flow Meter Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Peak flow meters are used by patients with asthma or other lung disorders. This tool allows physicians to further determine the severity of any lung illness.

Market Overview:

The latest research study on the global Peak Flow Meter market finds that the global Peak Flow Meter market reached a value of USD 134.0 million in 2022. It’s expected that the market will achieve USD 181.28 million by 2028, exhibiting a CAGR of 5.17% during the forecast period.

Acutronic Group have been acquired by Omron Inc. (Jun 1, 2018)

Acutronic Group, a group of non-affiliated companies active in neonatal ventilation, has been acquired by Apax-backed Omron Inc., the leading pure play medical device company in the respiratory space. Financial details have not been disclosed.
Acutronic Group, consisting of Acutronic Medical Systems AG (Switzerland) and MIM Medizinische Instrumente & Monitoring GmbH, (Germany), is a global innovation leader in the area of neonatal ventilation. The group's portfolio includes the fabian® ventilator platform, the monsoon® jet ventilator, the florian® monitor and complimentary airway management devices and software solutions. Acutronic Group has a high vertical integration in that all performance-critical device components and the disposable flow sensors are manufactured in-house. In recent years, innovative Acutronic Group has grown much faster than the market, taking significant market share away from large competitors in the global neonatal intensive care market.

Omron to Acquire Ventilator Division from imtmedical (June 1, 2018)

Omron Inc has signed an agreement to acquire the ventilator business and the imtmedical brand name, according to a press release from imtmedical. A second business unit that includes test lungs will remain with the Switzerland-based IMT Analytics.

Region Overview:

North America is projected to account for a considerable share of the Peak Flow Meter market and is expected to become the largest region by 2028.

Company Overview:

Omron is one of the major players operating in the Peak Flow Meter market, holding a share of 9.53% in 2023.

Omron

OMRON Corporation manufactures and sells automation components, equipment, and systems worldwide. The company’s Industrial Automation Business offers programmable and motion controllers, sensing and safety devices, inspection systems, industrial robots, precision laser processing equipment, and control devices for manufacturing industry.

Philips

Koninklijke Philips N.V. (literally Royal Philips, stylized as PHILIPS) is a Dutch multinational conglomerate company headquartered in Amsterdam, one of the largest electronics companies in the world, currently focused in the area of healthcare and lighting.

Segmentation Overview:

By type, Mechanical Meter segment accounted for the largest share of market in 2022.

Electronic Meter

The electronic peak flow meter uses different types of flow sensors such as differential pressure, turbine, and ultrasonic to measure the expiratory flow and record it electronically. There are additional functions such as automatic storage recording, low flow alarm, and real-time transmission.

Mechanical Meter

The mechanical peak flow meter uses the expiratory flow to propel the slider cursor on the instrument, and the measured value is identified by the position of the cursor on the corresponding flow scale. The flow scale can be evenly or non-uniformly distributed, depending on the spring characteristics. The peak flow meter for adults is 100 to 800 L/min, and the low flow peak flow meter for children is 50 to 400 L/min.

Application Overview:

By application, the Hospital segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Peak Flow Meter market covered in Chapter 3:

Clement Clarke International
Wanbotech
Pari
Omron
Sonmol
Rossmax International
Vyaire Medical
Microlife
DeVilbiss Healthcare Omron
Philips

In Chapter 4 and Chapter 14.2, on the basis of types, the Peak Flow Meter market from 2018 to 2029 is primarily split into:

Electronic Meter
Mechanical Meter

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Peak Flow Meter market from 2018 to 2029 covers:

Home
Hospital

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)