Respiratory Devices Global Market – Forecast to 2029 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Respiratory Devices Global Market – Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering.


The respiratory care devices global market is estimated is expected to grow at a mid single digit CAGR from 2022 to 2029 to reach $24,866.6 million by 2029.

Technological advancements in respiratory care devices and funding for the development of innovative respiratory technologies further boost the growth of market.

The market is being propelled by several factors, including the rising incidence and prevalence of respiratory diseases like Asthma, COPD, and others. The growing elderly population and the subsequent rise in the occurrence of respiratory disorders also contribute to the market’s growth.

Whereas rising use of non – invasive respiratory care devices, advancements in respiratory care devices, funding for the development of innovative respiratory care technologies and favorable reimbursement are providing immense opportunities to the market. However, product recalls, adverse effects associated with some of the respiratory care devices, availability of alternative respiratory care devices and stringent regulations are hampering the growth of the market.

Report Highlights:

Product Segmentation: The respiratory care devices market is divided into diagnostic, therapeutic, monitoring devices, and consumables. Among these, therapeutic devices lead the market, with a projected mid single-digit CAGR growth from 2022 to 2029.

Key Therapeutic Devices: The therapeutic devices market is further segmented into various categories such as humidifiers, nebulizers, oxygen concentrators, PAP devices, ventilators, inhalers, neuromodulation devices, and airway clearance devices. PAP devices dominate the global market, showing a high single-digit CAGR growth, while neuromodulation devices are expected to witness a high double-digit CAGR growth from 2022 to 2029.

Comprehensive Analysis of Humidifiers and Nebulizers: The humidifiers market includes active and passive humidifiers, with active humidifiers holding the largest revenue in 2022 and projected to grow at a low single-digit CAGR from 2022 to 2029. The nebulizers market comprises jet nebulizers, ultrasonic nebulizers, mesh nebulizers, and smart nebulizers, with jet nebulizers as the top revenue generator in 2022 and expected to grow at a mid single-digit CAGR from 2022 to 2029.

Monitoring Devices: Monitoring devices encompass pulse oximeters, capnographs, gas analyzers, and others. Among these, pulse oximeters lead the market with a low single-digit CAGR growth from 2022 to 2029, while capnographs are projected to grow at a low single-digit CAGR during the same period.

Application and End-User Segmentation: The market is segmented based on applications into obstructive, restrictive, vascular, infectious, and other respiratory conditions. Obstructive respiratory conditions hold the largest revenue in 2022 and are anticipated to grow at a mid single-digit CAGR from 2022 to 2029. Hospitals are the largest end-user segment in 2022, with the market expected to grow at a mid single-digit CAGR during the forecast period.

Regional Analysis: North America leads the market in 2022 and is projected to grow at a mid single-digit CAGR from 2022 to 2029. Asia-Pacific is expected to witness high single-digit CAGR growth, driven by increasing healthcare expenditure, rising prevalence of respiratory disorders, and government initiatives promoting research and development of innovative respiratory care technologies.

The major companies in Respiratory care devices are

Medtronic (Ireland)

Getinge Groups (Maquet GmbH) (Sweden)

Vyaire Medical, Inc (U.S.)

Resmed Inc (U.S.)

Philips N.V. (TheNetherlands)

Fisher and Paykel healthcare (New Zealand)

Dragerwerk AG & Co. KGaA (Germany)

Air Liquide S.A (France)

Masimo (U.S.)

Inspire Medical (U.S.)

Market Dynamics

Drivers and Opportunities

Rising Incidences of Respiratory Diseases Such as Copd, Asthma, and Sleep Apnea, Which Has Resulted in a Higher Demand for Respiratory Care Devices

Growing Geriatric Population and the Consequent Increase in the Incidence of Respiratory Disorders Among Them, Creating a Substantial Demand for Respiratory Care Devices

Rising Use of Non-Invasive Respiratory Care Devices

Advancements in Respiratory Care Devices and Funding for the Development of Innovative Respiratory Care Technologies

Favorable Reimbursement Scenario

Restraints and Threats

Product Recalls

Harmful Side Effects Associated With the Use of Certain Respiratory Care Devices

Availability of Low-Cost Products from Local Manufacturers

Availability of Alternatives Treatments Such as Medication and Surgery

Stringent Regulatory Policies

Regulatory Affairs

U.S.

Europe

India

China

Japan

Iso Standards

Porter’s Five Force Analysis

Supply Chain Analysis

Market Share Analysis

Respiratory Care Devices Global Market Share

Ventilator Global Market Share Analysis

Pap Global Market Share Analysis

Cpap Global Market Share Analysis

Apap Global Market Share Analysis

Bpap Global Market Share Analysis

Reimbursement Scenario

Technological Advancements

Integrated Devices

Non – Invasive Nanosensor Based Wearble Respiratory Monitoring

Ai Based Respiratory Monitoring

High Velocity Therapy

Digital Technologies in Respiratory Devices

Advanced Neonatal Respiratory Solutions

Neonatal Lung Monitoring

Neovent

Self – Care Respiratory Monitor

Funding Scenario

Clinical Trials

Companies Mentioned

AB Industries ( Max Ventilator)

ABM Respiratory Care

Acare Technology Co., Ltd.

Acurable

Aevice Health

Air Liquide Medical Systems SA

Airon Corporation

ALBEDO Medical Devices Co.,Ltd.

Ambu A/S

Avanos Medical

Baxter International INC (Hillrom)

Besco Medical Co.Ltd.

Besmed Health Business Corp.

Bio-Med Devices, Inc.

Bird Healthcare

BPL medical technologies

Breas Medical

Bunnell Inc.

Caire Inc.

Carl Reiner GmbH

ChoiceMMed (Beijing Choice Electronic Technology Co., Ltd)

CIDELEC

Mindray

Monaghan Medical Corporation

Movair

ndd Medical Technologies

Neola Medical

nice Neotech Medical Systems Private Limited

Nihon Kohden Corporation

Nonin Medical Inc

Nonin Medical, Inc

Nox Medical

O2 concepts. LLC

Omron Healthcare

O-Two Medical Technologies Inc.

Oxitone Medical Ltd

Cleveland Medical Devices Inc.

Compumedics

Contec Medical Systems Co.,Ltd

Cosmed srl

Deas S.R.L.

DeyMed Diagnostic s.r.o (Czech Republic)

Diamedica Limited

DR Burton Healthcare LLC

Dragerwerk AG & Co. KGaA

Drive Medical (Devilbiss Healthcare)

dymedso inc

ESAB Corporation (GCE Healthcare)

FANEM Ltda

Fisher and Paykel healthcare

Flexicare Medical Limited

Flight-Medical Innovations Ltd.

Galemed Corporation

GE Healthcare

Geratherm Respiratory GmbH

Gerresheimer

Getinge Groups

Hamilton Medical AG

PARI Medical Holding GmbH

Philips N.V.

Precision Medical Inc

Pulmodyne, Inc

React Health

Recipharm

Resmed, Inc

Senzime (Respiratory Motion Inc)

Servona GmbH

Shenyang Canta Medical Tech. Co., Ltd.

Shenzhen Homed Medical Device Co.Ltd.

Strados Labs

Hans Rudolph, Inc

Hayek Industries Inc

Heyer medical AG

Hospitech respiration

Iconovo

ICUmedical (Smith medical)

Inspiration Healthcare Group PLC

Inspired Medical

Intersurgical Ltd

Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.

Lowenstein Medical

Masimo corporation

Medel International srl

Medical Developments International UK Limited

Medical Econet GmbH

medin Medical Innovations GmbH

MediPines Corporation

Medtronic, PLC

MEK-ICS Co Ltd

Mercury medical

Merxin Ltd

MicroBase Technology Corporation

Sibelmed

SOMNOmedics GmbH

SunMed, LLC

Sunset Healthcare Solutions Inc.

Tecme S.A.

Trudell Medical

Vapotherm Inc.

Vitalograph, Inc

Vyaire Medical Inc.

WILAmed GmbH

For more information about this report visit https://www.researchandmarkets.com/r/upyzz8

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