Global Respiratory Device Market Size, Growth Analysis Report, Forecast to 2027

The global respiratory devices market is anticipated to grow at a considerable CAGR of 11.2% during the forecast period (2021-2027). The COVID-19 had brought the golden era in the market of respiratory devices. The demand for these devices is so high that companies are not able to fulfill it even after contract manufacturing. The developed nations are ready to pay an extra amount to get these devices delivered. The major products which have high demand include ventilators, oxygen concentrators, nebulizers, and pulse oximeters.

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In April 2021, the Indian government had announced to purchase of 1lakh portable oxygen concentrators as the nation suffers a shortage of oxygen cylinders during the second wave of COVID-19. Even the export-import duties are removed from these devices. However, few cases were reported that due to rapid production, the products are not getting quality controlled resulting in the delivery of poor-quality products. Still, the market of respiratory devices will enjoy the profit earning phase as the virus of COVID-19 mutates.

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Global Respiratory Devices Market Report Segment

By Diagnostic Devices

Spirometers
Sleep Test Devices
Peak Flow Meters
Pulse Oximeters
Capnography
Others

By Therapeutic Devices

CPAP Devices
BiPAP Devices
Humidifiers
Nebulizers
Oxygen Concentrators
Ventilators
Inhalers
Others

By Disposable Devices

Masks
Breathing Circuits
Others

Global Respiratory Devices Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

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