Respiratory Measurement Devices Market

By Product Type;

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

By Indication;

Sleep Apnea, COPD, Asthma, and Infectious Disease

By End User;

Hospital, Clinics, Home Use, and Others

By Geography;

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

Respiratory Measurement Devices Market Overview

Respiratory Measurement Devices Market (USD Million)

Respiratory Measurement Devices Market was valued at USD 8,927.65 million in the year 2024. 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%.


Respiratory Measurement Devices Market

*Market size in USD million

CAGR 4.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.9 %
Market Size (2024)USD 8,927.65 Million
Market Size (2031)USD 12,517.78 Million
Market ConcentrationHigh
Report Pages309
8,927.65
2024
12,517.78
2031

Major Players

  • Philips Healthcare
  • ResMed Inc.
  • Medtronic plc
  • Fisher & Paykel Healthcare
  • Smiths Medical

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Respiratory Measurement Devices Market

Fragmented - Highly competitive market without dominant players


The Respiratory Measurement Devices Market is witnessing a rapid evolution through the adoption of advanced technologies that support real-time monitoring and improved precision. Around 63% of development efforts are now focused on digital and wireless respiratory tools, reflecting a shift towards intelligent, user-oriented solutions. The growing integration of AI and sensor technologies is opening up fresh opportunities for smart and efficient respiratory assessment.

Growing Utilization Influences Expansion Strategies
With over 58% of healthcare settings leaning toward automated respiratory diagnostics, companies are crafting strong growth strategies to keep pace with demand. These strategies increasingly involve collaboration and co-development, allowing for seamless device integration and better patient experiences. Strategic partnerships with technology developers and research institutions continue to push the boundaries of innovation in this space.

Innovation Through Wearables and Remote Devices
Approximately 67% of healthcare innovations now emphasize wearable respiratory measurement tools, pointing to a future centered on remote care and monitoring. The fusion of smart algorithms with portable technologies enables real-time insights, empowering medical professionals with data-rich decision-making capabilities. These advancements are backed by cross-sector collaborations, reinforcing the market’s capacity to meet emerging health priorities.

Shaping the Future with Predictive Technologies
Over 61% of healthcare firms are shifting towards predictive respiratory measurement platforms that integrate real-time diagnostics with cloud-based analytics. These tools support faster diagnoses and ongoing monitoring, enhancing treatment outcomes. The future outlook of the Respiratory Measurement Devices Market remains promising, guided by continuous innovation, robust technological advancements, and rising trends in collaborative healthcare ecosystems.

  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 Indication
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. 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. 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. Respiratory Measurement Devices Market, By Indication, 2021 - 2031 (USD Million)
      1. Sleep Apnea

      2. COPD

      3. Asthma

      4. Infectious Disease

    3. Respiratory Measurement Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Hospital
      2. Clinics
      3. Home Use
      4. Others
    4. 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