Respiratory Care Devices Market worth $ 18.1 Billion in 2026 - Exclusive Report by xResearch offering Market Sizes, Forecast, & Competitive Landscape

According to a new report published by xResearch, titled, “Respiratory Care Devices Market Insights, Trends, Opportunity & Forecast, 2021–2030,” the global respiratory care devices market size is anticipated to witness moderate growth during the forecast period i.e. 2021-2030. The proliferating worldwide demand for various respiratory care devices; the rising vehicular smoke emissions & urbanization leading to growing levels of pollution across the globe; the increasing cases of respiratory diseases across the globe; the surging prevalence of tobacco smoking and alcohol consumption leading to soaring prevalence of lung cancer cases, and the escalating efforts by the governmental and non-governmental organizations (NGO) to make healthcare facilities accessible to everyone are among the major factors contributing to the growth of the global respiratory care devices market.

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According to product, the therapeutic respiratory care devices segment acquired the largest share of the global respiratory care devices market in 2020 and is predicted to further continue leading the market over the forecast period of 2021-2030. On the other hand, the diagnostic respiratory care devices segment is expected to attain highest growth rate in the market over the forecast period. According to indication, the COPD segment held the largest share of the global respiratory care devices market in 2020, followed by sleep apnea, asthma, and infectious diseases. The segment is projected to retain its lead in the market during the forecast period. According to end user, the hospitals segment captured the largest share of the global respiratory care devices market in 2020 and is estimated to further retain its dominance in the market over the forecast period.

Geographically, the North American region commanded the global respiratory care devices market in 2020, followed by Europe and the Asia Pacific. The region is anticipated to further maintain its position in the market over the forecast period of 2021-2030. Countries such as the U.S. and Canada are among the key contributors to the region. The Asia Pacific region is slated to register the highest growth in the global respiratory care devices market over the forecast period 2021-2030. The India, China, Japan and South Korea are among the key contributors to the growth of the market in the region.

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Some of the major respiratory care devices market companies profiled in the report include Masimo Corporation, Fisher & Paykel Healthcare Co. Ltd. , Dragerwerk AG, Invacare Corporation, Nihon Kohden, Getinge AB, Air Liquide , Philips Healthcare, ResMed Inc. and Medtronic plc.

The global respiratory care devices market is segmented into product, disease indications, end user and region. Based on product, the market is bifurcate into therapeutic respiratory care devices, respiratory care monitoring devices, diagnostic respiratory care devices and consumables and accessories. The therapeutic respiratory care devices segment is further classified into positive airway pressure (PAP) devices, oxygen concentrator, ventilators, inhalers, nebulizers, humidifiers, reusable resuscitators, nitric oxide delivery units and oxygen hoods. The positive airway pressure (PAP) devices sub-segment is further categorized into CPAP devices, APAP deices and BiPAP devices. The oxygen concentrator sub-segment is further categorized into fixed oxygen concentrators and portable oxygen concentrators. The ventilator sub-segment is further classified into ICU ventilators and portable/transportable ventilators. The ICU ventilators sub-sub-segment is further categorized into high-end ICU ventilators, mid-end ICU ventilators and basic ICU ventilators. The inhalers sub-segment is further categorized into metered dose inhalers and dry powder inhalers. The humidifiers sub-segment is further categorized into heated humidifiers and Passover humidifiers. The reusable resuscitators sub-segment is further categorized into adult resuscitators and infant/neonatal resuscitators. The respiratory care monitoring devices segment is further categorized into pulse oximeters, capnography and gas analyzers. The pulse oximeters sub-segment is further classified into pulse oximeter equipment and pulse oximeter sensors. The diagnostic respiratory care devices segment is further categorized into spirometers, polysomnography devices, peak flow meters and other diagnostic devices. The consumables and accessories segment is further categorized into masks, disposable resuscitators, tracheostomy tubes, breathing circuits, nasal cannulae and other consumables and accessories. The masks sub-segment is further categorized into reusable masks and disposable masks. Based on disease indications, it is classified into COPD, sleep apnea, asthma, infectious diseases and others. Based on end user, it is classified into hospitals, home care and ambulatory care centers.

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The global respiratory care devices market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Respiratory Care Devices Market

• On the basis of product, the therapeutic respiratory care devices segment acquired the largest share of the global respiratory care devices market in 2020 and is predicted to further continue leading the market over the forecast period of 2021-2030. On the other hand, the diagnostic respiratory care devices segment is expected to attain highest growth rate in the market over the forecast period.
• On the basis of indication, the COPD segment held the largest share of the global respiratory care devices market in 2020, followed by sleep apnea, asthma, and infectious diseases. The segment is projected to retain its lead in the market during the forecast period.
• On the basis of end user, the hospitals segment captured the largest share of the global respiratory care devices market in 2020 and is estimated to further retain its dominance in the market over the forecast period.
• On the basis of region, North America commanded the global respiratory care devices market in 2020, followed by Europe and the Asia Pacific. The region is anticipated to further maintain its position in the market over the forecast period of 2021-2030
• On the basis of region, the Asia Pacific is slated to register the highest growth in the global respiratory care devices market over the forecast period 2021-2030.

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