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

By Product Type;

Pulse Oximetry Systems, Table Top Pulse Oximeter, Hand Held Pulse Oximeter, Pulse Oximeter Sensors, Capnographs, Spirometers, and Peak Flow Meters.

By End User;

Hospital, Clinics, Home Use, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn471090741 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Respiratory Measurement Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Respiratory Measurement Devices Market was valued at USD 8,927.65 million. The size of this market is expected to increase to USD 12,517.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.

The Global Respiratory Measurement Devices Market has witnessed significant growth in recent years, driven by the increasing prevalence of respiratory diseases and the rising demand for effective diagnostic and monitoring tools. Respiratory measurement devices encompass a range of equipment used to assess lung function and diagnose respiratory conditions such as asthma, chronic obstructive pulmonary disease (COPD), and other pulmonary disorders. These devices play a crucial role in managing and monitoring respiratory health, providing vital data to healthcare professionals for accurate diagnosis and treatment planning.

Several factors contribute to the expansion of this market. The aging global population is a primary driver, as elderly individuals are more susceptible to respiratory ailments. Additionally, technological advancements in respiratory measurement devices have led to more accurate, user-friendly, and non-invasive solutions, enhancing patient compliance and outcomes. The increasing adoption of telehealth and remote monitoring services has also propelled market growth, allowing patients to manage their conditions from the comfort of their homes.

Moreover, the rise in urban pollution levels and the growing awareness about the importance of early diagnosis and proactive health management are significant factors boosting the demand for respiratory measurement devices. Healthcare expenditure is on the rise globally, further supporting the market as governments and private sectors invest in advanced medical technologies.

However, the market faces challenges such as high device costs, limited access to healthcare in developing regions, and stringent regulatory frameworks that can delay product approvals. Despite these restraints, opportunities abound, particularly in emerging markets, home healthcare services, and the integration of artificial intelligence and mobile health applications in respiratory care. As the healthcare landscape continues to evolve, the Global Respiratory Measurement Devices Market is poised for sustained growth, driven by innovation and the increasing need for effective respiratory health management solutions.

  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 End User
    3. Market Snapshot, By Region
  4. Global Respiratory Measurement Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing respiratory diseases
        2. Aging global population
        3. Technological advancements
        4. Rising healthcare expenditure
        5. Growing urban pollution
      2. Restraints
        1. Limited healthcare access
        2. Stringent regulatory approvals
        3. Reimbursement policy challenges
        4. Device maintenance complexity
        5. Lack of awareness
      3. Opportunities
        1. Emerging market expansion
        2. Home healthcare growth
        3. Innovation in diagnostics
        4. Wearable device integration
        5. Telemedicine service adoption
    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. Global Respiratory Measurement Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. Pulse Oximetry Systems
      2. Table Top Pulse Oximeter
      3. Hand Held Pulse Oximeter
      4. Pulse Oximeter Sensors
      5. Capnographs
      6. Spirometers
      7. Peak Flow Meters
    2. Global Respiratory Measurement Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Hospital
      2. Clinics
      3. Home Use
      4. Others
    3. Global Respiratory Measurement 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. Philips Healthcare
      2. ResMed Inc.
      3. Medtronic plc
      4. Fisher & Paykel Healthcare
      5. Smiths Medical
  7. Analyst Views
  8. Future Outlook of the Market