Global Respiratory Devices Market Projected to Reach USD 37.68 Billion by 2030, Driven by Rising Respiratory Disorders and Technological Advancements

Mordor Intelligence has published a new report on the Respiratory Devices Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

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

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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

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