PUBLISHER: DataM Intelligence | PRODUCT CODE: 1629873
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1629873
The global respiratory care devices market reached US$ 22.85 billion in 2023 and is expected to reach US$ 40.59 billion by 2033, growing at a CAGR of 6.4% during the forecast period 2025-2033.
Respiratory care devices are medical equipment used to support and improve the respiratory functions of patients with breathing difficulties or lung-related conditions. They are used for the prevention, diagnosis, monitoring, and treatment of respiratory disorders like asthma, COPD, sleep apnea, and ARDS. Key types include therapeutic devices like ventilators, diagnostic tools like spirometers, and monitoring devices like pulse oximeters. These devices are widely used in hospitals, clinics, and home care settings to improve patient outcomes and quality of life.
Market Dynamics: Drivers & Restraints
Rise in the Prevalence of Respiratory Diseases
The global respiratory care devices market is driven by the rise in respiratory diseases like COPD, asthma, sleep apnea, and acute infections. Factors like air pollution, smoking, and aging populations contribute to these conditions. Long-term management and advanced medical support are needed for these diseases. The COVID-19 pandemic highlighted the importance of respiratory care devices in managing acute respiratory distress, leading to increased awareness and investment. The rising burden of respiratory diseases has encouraged innovation in portable, user-friendly devices, catering to home-based care trends. This prevalence accelerates market growth and emphasizes the need for accessible, efficient, and affordable respiratory care solutions globally.
For instance, according to NCD Alliance, Chronic respiratory diseases (CRDs) are lung-related diseases that cause significant morbidity and mortality worldwide. Common CRDs include COPD, asthma, lung cancer, and occupational lung diseases. These diseases affect at least 550 Billion adults globally and account for 7% of all deaths. Lung cancer contributes to another 1.4 Billion deaths annually. Children under five years of age are particularly affected by lung diseases, including acute infectious diseases like pneumonia and chronic conditions like asthma. Asthma is the most common chronic condition, affecting 14% of children globally. The prevalence of CRDs has increased by 40% between 1990 and 2017, but they have received less attention than other NCDs.
Complexity of Device Operation
The global respiratory care devices market faces significant restraint due to the complexity of device operation, especially advanced devices like ventilators, CPAP machines, and oxygen concentrators. These devices require specialized knowledge for proper setup, usage, and maintenance, which can be challenging due to inadequate training for healthcare professionals, caregivers, and patients in home care settings.
This challenge is more pronounced in low-resource regions where healthcare professionals may lack expertise, and home healthcare settings often lack proper support. The constant need for monitoring and calibration adds to the complexity, requiring a skilled workforce to ensure optimal device functionality. These operational difficulties can discourage the adoption of respiratory care devices, especially in underserved areas, limiting the market's growth potential.
The global respiratory care devices market is segmented based on product type, application, end user and region.
Therapeutic Devices segment is expected to dominate the respiratory care devices market share
The therapeutic devices segment holds a major portion of the respiratory care devices market share and is expected to continue to hold a significant portion of the respiratory care devices market share during the forecast period.
Therapeutic devices are crucial in managing chronic and acute respiratory conditions, such as COPD, asthma, sleep apnea, and respiratory distress syndrome. The global respiratory care devices market is growing due to factors like air pollution, smoking, and aging populations. Technological advancements, such as portable oxygen concentrators and smart CPAP machines, have enhanced patient convenience and compliance. The COVID-19 pandemic highlighted the importance of ventilators and oxygen therapy, leading to increased awareness and investment in therapeutic devices. The trend towards home-based care and reducing healthcare costs has driven the adoption of these devices, ensuring long-term management of respiratory diseases outside traditional healthcare settings.
For instance, in September 2024, ResMed has launched its AirTouch N30i continuous positive airway pressure (CPAP) mask, designed to provide a comfortable sleep experience for users with sleep apnea. The mask features a fabric-wrapped frame and a soft, breathable, moisture-wicking design for optimal comfort. It builds upon ResMed's previous masks to combine softness, breathability, and a high-performance seal, making it easier for people to start and stick with CPAP therapy.
Moreover, in February 2024, ResMed has introduced its AirCurve 11 series, a bilevel device that uses inspiratory and expiratory positive airway pressure (IPAP) to treat sleep apnea. The AirCurve 11 VAuto is a bilevel PAP that provides higher pressure during inhalation and lower pressure during exhalation, allowing the device to align more closely with natural breathing patterns.
Chronic Obstructive Pulmonary Disease (COPD) segment is the fastest-growing segment in respiratory care devices market share
The Chronic Obstructive Pulmonary Disease (COPD) segment is the fastest-growing segment in the respiratory care devices market share and is expected to hold the market share over the forecast period.
Chronic Obstructive Pulmonary Disease (COPD) is a major global health concern, causing significant morbidity and mortality. The condition, primarily caused by smoking, air pollution, occupational hazards, and genetic factors, has led to a surge in demand for respiratory care devices like oxygen concentrators, nebulizers, and ventilators. These devices are crucial for managing symptoms, improving oxygenation, and enhancing patient quality of life. The growing awareness of early diagnosis and treatment, coupled with technological advancements, has fueled the adoption of portable and home-based solutions for COPD management. The economic burden of hospitalizations due to severe COPD exacerbations has shifted focus towards preventive and long-term care, driving market expansion globally.
For instance, in March 2023, Pulmonologists at the University of Cincinnati have developed a new breathing device called PEP Buddy, which not only improves breathlessness and quality of life for COPD patients but also benefits those dealing with stress and anxiety, as well as those practicing mindfulness, meditation, or yoga. The device, created by Muhammad Ahsan Zafar and Ralph Panos, was published in the journal Respiratory Care. Zafar is an associate professor in the Department of Pulmonary Critical Care and Sleep Medicine, Panos is a professor emeritus in pulmonary and critical care.
North America is expected to hold a significant position in the respiratory care devices market share
North America holds a substantial position in the respiratory care devices market and is expected to hold most of the market share due to the novel product launches, high prevalence of chronic diseases like COPD, asthma, and sleep apnea, driven by lifestyle factors and an aging population. The region's healthcare infrastructure supports the widespread use of advanced respiratory care devices, such as ventilators, nebulizers, and CPAP machines. Government and private insurance programs offer favorable reimbursement policies, reducing financial burdens and enabling broader access. The region is also a hub for innovation, with companies investing in portable, wireless, and AI-powered devices for home-based care.
For instance, in December 2024, University Medical Devices (UMD) has launched its first specimen collection method, MicroWash, a comfortable and sensitive nasal lavage device designed as a less invasive alternative to nasal swabs during the COVID-19 pandemic.
Moreover, in July 2023, Emerson has introduced the ASCO Series 588 Stationary Oxygen Concentrator Manifold, a turnkey solution for the healthcare industry. This manifold optimizes respiratory therapy device designs, accelerates product speed to market, and improves energy efficiency, lifespan, and reliability of oxygen concentrators, ensuring they are readily available and reliable for patients.
Europe is growing at the fastest pace in the respiratory care devices market
Europe holds the fastest pace in the respiratory care devices market and is expected to hold most of the market share due to the aging population, environmental factors, and the healthcare system's focus on early diagnosis and treatment. The adoption of novel advanced respiratory care devices is encouraged by reimbursement frameworks and the growing trend towards home-based care solutions. Countries like Germany, France, and the UK drive innovation and market growth due to their strong clinical research capabilities and supportive regulatory environments.
For instance, in October 2024, Chiesi UK and Ireland and Health Innovation Manchester have launched the iMprovIng outcomes in respiratory care Greater Manchester (MISSON) project, which will introduce clinically-validated LungHealth software to up to 150 GP practices in Greater Manchester over a two-year period. The software uses digital technology, embedded algorithms, and patient medical records to provide computer-guided consultations for asthma and COPD annual reviews.
Moreover, in October 2024, The LungHealth software, developed by Health Innovation Manchester and Chiesi UK and Ireland, is being introduced to 150 GP practices in Greater Manchester over a two-year period. The software uses embedded algorithms and patients' medical records to provide computer-guided consultations for asthma and COPD annual reviews. The software can be carried out remotely or face-to-face, and also provides clinical prompts to upskill healthcare professionals. The MISSION project aims to evaluate the technology's effectiveness in improving the quality, effectiveness, and consistency of reviews, thereby reducing the impact of asthma and COPD exacerbations on patients and the NHS.
The major global players in the respiratory care devices market include Koninklijke Philips N.V.; Fitbit (Google); Garmin Ltd.; Medtronic; Omron; Withings; VitalConnect; Polar Electro; Sotera, Inc.; INVIZA Corporation; Dexcom, Inc.; GE HealthCare; CONTEC MEDICAL SYSTEMS CO., LTD; Nanowear Inc. among others.
Emerging Players
The emerging players in the respiratory care devices market include Vivos Therapeutics, Omron Healthcare, AirSep Corporation and among others.
The global respiratory care devices market report delivers a detailed analysis with 60+ key tables, more than 50 visually impactful figures, and 176 pages of expert insights, providing a complete view of the market landscape.
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