Respiratory Care Devices Market to Grow with a CAGR of 8.62% through 2030

Growing Awareness of Respiratory Health is expected to drive the Global Respiratory Care Devices Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “Respiratory Care Devices Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Respiratory Care Devices Market stood at USD 17.42 Billion in 2024 and is anticipated to grow with a CAGR of 8.62% through 2030. Educational campaigns emphasizing the importance of early detection, prevention, and management of respiratory conditions have played a key role in raising public awareness. This has led to an increased willingness among individuals to seek timely medical attention, which in turn drives demand for respiratory devices. Furthermore, as healthcare providers and policymakers promote better respiratory health practices, there is a growing focus on preventing disease progression through effective interventions. Governments around the world are investing in widespread respiratory health education and outreach programs, increasing access to crucial information and resources for both patients and healthcare providers. These efforts not only enhance the adoption of respiratory care devices but also foster long-term market growth by encouraging early diagnosis and proactive management of respiratory diseases.

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Global Respiratory Care Devices Market is segmented into product, end user, regional distribution, and company.

Based on product, Therapeutic devices emerged as the dominating segment in the global market for Respiratory Care Devices in 2024. The growing prevalence of chronic respiratory conditions like COPD, asthma, and sleep apnea is fueling the demand for therapeutic devices such as ventilators, CPAP machines, and oxygen concentrators, which are crucial for managing these diseases. Technological advancements have made these devices more efficient, user-friendly, and accessible. For example, portable oxygen concentrators and smart CPAP devices improve patient comfort and adherence to treatment, increasing their demand. The aging population, which is more prone to respiratory diseases, further amplifies the need for ongoing respiratory support. Additionally, as healthcare shifts toward home care, the demand for home-use devices like oxygen concentrators, CPAP machines, and nebulizers has surged, solidifying therapeutic devices as the dominant segment in the market.

Based on Region, the Asia Pacific region is expected to be fastest growing region during the forecast period in global Respiratory Care Devices market. The Asia Pacific region is experiencing rapid population growth and a rising prevalence of chronic respiratory diseases like asthma, COPD, and sleep apnea. High levels of air pollution in countries such as China and India are worsening these health conditions. Additionally, the aging population in the region is increasingly vulnerable to respiratory issues, driving greater demand for respiratory devices. Economic growth, especially in emerging markets, is improving healthcare infrastructure and enhancing access to advanced medical technologies. Government initiatives and increasing healthcare spending are further accelerating the adoption of respiratory care devices. Additionally, the shift towards home-based healthcare solutions, including portable oxygen concentrators and CPAP machines, is fueling demand.

Major companies operating in Global Respiratory Care Devices Market are:

• Drägerwerk AG & Co. KGaA
• Fisher & Paykel Healthcare Limited.
• General Electric Company
• Getinge AB (Sweden)
• Inogen, Inc. (US)
• Masimo. (US)
• Medtronic (US)
• Koninklijke Philips N.V. (Netherlands)
• ResMed (US)
• VYAIRE. (US)

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“The Global Respiratory Care Devices Market is experiencing significant growth due to a combination of factors, including rising air pollution, increasing chronic respiratory conditions, and the shift toward home healthcare. As more individuals seek long-term management of diseases like asthma, COPD, and sleep apnea, the demand for advanced respiratory devices is escalating. Innovations such as portable oxygen concentrators, CPAP machines, and smart devices are revolutionizing patient care, offering greater convenience and compliance. Additionally, regulatory support, increasing healthcare spending, and growing awareness of respiratory health are fueling adoption, particularly in emerging markets. With technological advancements and a rising focus on personalized care, the market is poised for long-term expansion”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Respiratory Care Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Therapeutic Devices, Monitoring Devices, Consumables, Accessories), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Respiratory Care Devices Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Respiratory Care Devices Market.

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