Press release
Global Respiratory Devices Market Projected to Reach USD 37.68 Billion by 2030, Driven by Rising Respiratory Disorders and Technological Advancements
Respiratory Devices Market Size
The global respiratory devices market is anticipated to expand from USD 28.30 billion in 2025 to USD 37.68 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.89%, according to a recent report by Mordor Intelligence. This growth is primarily attributed to the increasing prevalence of respiratory diseases, advancements in respiratory care technologies, and the rising demand for home-based healthcare devices.
Respiratory devices are essential medical instruments designed to assist patients with breathing difficulties arising from various conditions such as Chronic Obstructive Pulmonary Disease (COPD), asthma, tuberculosis, and sleep apnea. These devices encompass a broad range of equipment, including diagnostic tools, therapeutic machines, and disposables, all aimed at improving respiratory function and patient quality of life. The escalating incidence of respiratory ailments, coupled with technological innovations, has significantly propelled the demand for respiratory devices globally.
Report Overview: https://www.mordorintelligence.com/industry-reports/global-respiratory-device-market-industry
Key Trends
Increasing Prevalence of Respiratory Diseases: The global burden of respiratory disorders is on the rise due to factors such as air pollution, tobacco smoking, and occupational hazards. For instance, the American Lung Association reported in July 2024 that in 2022, 44.2 million Americans were diagnosed with asthma, representing 13.5% of the population. Such statistics underscore the growing need for respiratory devices, fueling the market's expansion during the forecast period.
Technological Advancements in Respiratory Care: Innovations in respiratory devices, including the development of portable and user-friendly equipment, have enhanced patient compliance and treatment efficacy. The introduction of advanced ventilators, nebulizers, and oxygen concentrators has facilitated better disease management, thereby driving market growth.
Shift Towards Home-Based Healthcare: There is a growing preference for home-based respiratory therapies, driven by the convenience and cost-effectiveness they offer. This trend has led to increased adoption of home-use respiratory devices, such as Continuous Positive Airway Pressure (CPAP) machines and portable oxygen concentrators, contributing to market expansion.
Market Segmentation
The respiratory devices market is segmented based on type, end user, and geography.
By Type:
Diagnostic and Monitoring Devices:
Spirometers
Sleep Test Devices
Peak Flow Meters
Pulse Oximeters
Capnographs
Other Diagnostic and Monitoring Devices
Therapeutic Devices:
CPAP Devices
BiPAP Devices
Humidifiers
Nebulizers
Oxygen Concentrators
Ventilators
Inhalers
Other Therapeutic Devices
Disposables:
Masks
Breathing Circuits
Other Disposables
By End User:
Hospitals
Respiratory Clinics
Other End Users
By Geography:
North America:
United States
Canada
Mexico
Europe:
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific:
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa:
GCC
South Africa
Rest of Middle East & Africa
South America:
Brazil
Argentina
Rest of South America
Get a Customized Report Tailored to Your Requirements. - https://www.mordorintelligence.com/market-analysis/diagnostics-and-therapeutics
Key Players
Prominent players in the respiratory devices market include:
Drägerwerk AG: A leading manufacturer of medical and safety technology products, offering a wide range of respiratory devices, including ventilators and anesthesia machines.
Fisher & Paykel Healthcare Limited: Specializes in innovative respiratory care products, providing solutions for respiratory humidification and non-invasive ventilation.
GE Healthcare: Offers a comprehensive portfolio of respiratory devices, including advanced ventilators and monitoring systems, catering to diverse patient needs.
Invacare Corporation: Provides a broad range of home and long-term care medical products, including oxygen therapy and respiratory care devices.
ResMed Inc.: Focuses on developing cloud-connected devices for the treatment of sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory conditions.
These companies are actively engaged in research and development to introduce advanced respiratory solutions, aiming to enhance patient outcomes and strengthen their market positions.
Conclusion
The global respiratory devices market is poised for significant growth, driven by the increasing prevalence of respiratory diseases, technological advancements, and a shift towards home-based healthcare solutions. As the demand for effective respiratory care continues to rise, manufacturers are focusing on developing innovative and user-friendly devices to meet the evolving needs of patients and healthcare providers. The collaborative efforts of key industry players, coupled with supportive government initiatives, are expected to further propel the market's expansion in the coming years.
Industry Related Reports
Argentina Respiratory Devices Market: The Argentina Respiratory Devices Market Report is categorized by Type, including Diagnostic and Monitoring Devices, Therapeutic Devices, and Disposables.
To know more visit this link: https://www.mordorintelligence.com/industry-reports/argentina-respiratory-devices-market
UAE Respiratory Devices Market: The report highlights UK Respiratory Care Devices Companies and segments the market by Type, including Diagnostic and Monitoring Devices, Therapeutic Devices, and Disposables.
To know more visit this link: https://www.mordorintelligence.com/industry-reports/uae-respiratory-devices-market
India Respiratory Devices Market: The report explores the India Respiratory Devices Market Share and Growth, segmented by Type, including Diagnostic and Monitoring Devices, Therapeutic Devices, and Disposables.
To know more visit this link: https://www.mordorintelligence.com/industry-reports/india-respiratory-devices-market
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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