Global Anesthesia & Respiratory Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Oxygen Concentrators, Reusable Resuscitators, Ventilators, Respiratory Inhalers, Respiratory Disposables, Disposables Oxygen Masks, and Resuscitators

By Anesthesia Device;

Anesthesia Machine, Anesthetic Monitor, Anesthetic Vaporizer, Analgesic Machine, Anesthetic Mask, and Anesthetic Accessories

By Respiratory Device;

Humidifier, Resuscitator, Breathing Circuit, Chamber, CPAP Device, Mask, Oxygen Concentrator, Nebulizer, Ventilator, Inhaler, Tracheostomy Tube, Oxygen Cannula, Capnographs, and Spirometer

By End User;

Hospitals, Clinics, Homecare Settings, and Ambulatory Service Centers

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn757438800 Published Date: May, 2025 Updated Date: June, 2025

Anesthesia & Respiratory Devices Market Overview

Anesthesia & Respiratory Devices Market (USD Million)

Anesthesia & Respiratory Devices Market was valued at USD 34,486.88 million in the year 2024. The size of this market is expected to increase to USD 68,759.97 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.4%.


Global Anesthesia & Respiratory Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.4 %
Market Size (2024)USD 34,486.88 Million
Market Size (2031)USD 68,759.97 Million
Market ConcentrationLow
Report Pages301
34,486.88
2024
68,759.97
2031

Major Players

  • 3M
  • Airsep Corp
  • Alung Technologies
  • Astrazeneca
  • Bomimed
  • CareFusion
  • Covidien PLC
  • Dragerwerk AG
  • Fisher & Paykel

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Anesthesia & Respiratory Devices Market

Fragmented - Highly competitive market without dominant players


The Anesthesia & Respiratory Devices Market is gaining traction due to a rising number of respiratory disorders and the growing need for safer, efficient surgical procedures. The demand for devices addressing COPD, asthma, and sleep apnea has grown rapidly. The sector has expanded by over 9%, supported by aging populations and continuous innovation in patient care technologies.

Technological Advancements
Innovations in ventilation systems, anesthesia machines, and monitoring tools are reshaping the landscape. The push toward smart devices with automation and advanced analytics has improved outcomes and workflow efficiencies. Around 11% of the market’s progression can be traced to these advancements, streamlining both anesthesia delivery and respiratory support.

Homecare and Chronic Support
The popularity of home-based respiratory therapies is rising, especially for patients requiring long-term support. A 12% rise in adoption underlines the shift toward portable and patient-friendly solutions, emphasizing convenience and continuity in respiratory care. This trend complements a broader focus on remote healthcare delivery.

Focus on Safety and Compliance
Improved regulatory frameworks and manufacturing standards have reinforced trust in anesthesia and respiratory systems. With 7% growth linked to better compliance and enhanced safety features, companies are prioritizing infection control, user safety, and performance consistency in their device portfolios.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Anesthesia Device
    3. Market Snapshot, By Respiratory Device
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Anesthesia & Respiratory Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Surgical Procedures
        2. Aging Population
        3. Technological Advancements
        4. Rising Prevalence of Respiratory Diseases
      2. Restraints
        1. Stringent Regulatory Requirements
        2. High Cost of Devices
        3. Limited Reimbursement Policies
        4. Product Recalls and Safety Concerns
      3. Opportunities
        1. Increasing Demand for Home Healthcare
        2. Emerging Markets Expansion
        3. Technological Innovations in Device Design
        4. Rising Investment in Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Anesthesia & Respiratory Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. Oxygen Concentrators
      2. Reusable Resuscitators
      3. Ventilators
      4. Respiratory Inhalers
      5. Respiratory Disposables
      6. Disposables Oxygen Masks
      7. Resuscitators
    2. Anesthesia & Respiratory Devices Market, By Anesthesia Device, 2021 - 2031 (USD Million)
      1. Anesthesia Machine
      2. Anesthetic Monitor
      3. Anesthetic Vaporizer
      4. Analgesic Machine
      5. Anesthetic Mask
      6. Anesthetic Accessories
    3. Anesthesia & Respiratory Devices Market, By Respiratory Device, 2021 - 2031 (USD Million)
      1. Humidifier
      2. Resuscitator
      3. Breathing Circuit
      4. Chamber
      5. CPAP Device
      6. Mask
      7. Oxygen Concentrator
      8. Nebulizer
      9. Ventilator
      10. Inhaler
      11. Tracheostomy Tube
      12. Oxygen Cannula
      13. Capnographs
      14. Spirometer
    4. Anesthesia & Respiratory Devices Market, By End User, 2021 - 2031 (USD Million)

      1. Hospitals

      2. Clinics

      3. Homecare Settings

      4. Ambulatory Service Centers

    5. Anesthesia & Respiratory Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M
      2. Airsep Corp
      3. Alung Technologies
      4. Astrazeneca
      5. Bomimed
      6. CareFusion
      7. Covidien PLC
      8. Dragerwerk AG
      9. Fisher & Paykel
  7. Analyst Views
  8. Future Outlook of the Market