Global Respiratory Devices Market 2023-2029

Respiratory devices are used to treat a wide range of respiratory conditions, including chronic obstructive pulmonary disease (COPD), asthma, sleep apnea, and respiratory failure. They work by providing oxygen therapy, airway clearance, and mechanical ventilation to help patients breathe more easily and improve their quality of life. According to the latest data, the market size of the global respiratory devices sector is expected to rise by USD 10.3 billion with a CAGR of 6% by the end of 2029. The market for respiratory devices is driven by factors such as the increasing prevalence of respiratory diseases, the growing aging population, and the rising demand for home healthcare services.The market for respiratory devices is driven by factors such as the increasing prevalence of respiratory diseases, the growing aging population, and the rising demand for home healthcare services.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global respiratory devices market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, and region. The global market for respiratory devices can be segmented by type: diagnostic and monitoring devices, therapeutic devices, humidifiers, nebulizers, oxygen concentrators, ventilators, inhalers, others. According to the research, the therapeutic devices segment had the largest share in the global respiratory devices market. Respiratory devices market is further segmented by region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, North America made up the largest share of revenue generated by the respiratory devices market.

The diagnostic and monitoring devices market is further segmented into spirometers, sleep test devices, peak flow meters, pulse oximeters, capnographs, others. The latest analysis indicates that the pulse oximeters segment occupied the largest share of this market in 2022 and is expected to draw the highest demand in coming years. Furthermore, the therapeutic devices market has been categorized into CPAP devices, BiPAP devices, humidifiers, nebulizers, oxygen concentrators, ventilators, inhalers, others. Globally, the ventilators segment made up the largest share of the respiratory devices market. The disposables market is further divided into masks, breathing circuits, others. The masks segment was the largest contributor to the global respiratory devices market in 2022.

Market Segmentation
By type: diagnostic and monitoring devices, therapeutic devices, humidifiers, nebulizers, oxygen concentrators, ventilators, inhalers, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report explores the recent developments and profiles of key vendors in the Global Respiratory Devices Market, including Asahi Kasei Corporation, Baxter International Inc., Draegerwerk AG & Company KGAA, Fisher & Paykel Healthcare Limited, GE Healthcare, Getinge AB, GSK plc, Invacare Corporation, Koninklijke Philips NV, Medtronic plc, ResMed Inc., Shenzhen Mindray Bio-medical Electronics Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global respiratory devices market.
• To classify and forecast the global respiratory devices market based on type, region.
• To identify drivers and challenges for the global respiratory devices market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global respiratory devices market.
• To identify and analyze the profile of leading players operating in the global respiratory devices market.

Why Choose This Report
• Gain a reliable outlook of the global respiratory devices market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.