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

By Type Of Device;

Spirometers, Peak Flow Meters, Sleep Test Devices, Gas Analyzers, Pulse Oximeters, Capnographs, and Others

By Application;

Chronic Obstructive Pulmonary Disease, Infectious Diseases, Asthma, and Others

By End User;

Laboratories, Hospitals, and Home Use

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn143712568 Published Date: May, 2025 Updated Date: June, 2025

Respiratory Monitoring Devices Market Overview

Respiratory Monitoring Devices Market (USD Million)

Respiratory Monitoring Devices Market was valued at USD 8,107.47 million in the year 2024. The size of this market is expected to increase to USD 14,148.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.3%.


Global Respiratory Monitoring Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.3 %
Market Size (2024)USD 8,107.47 Million
Market Size (2031)USD 14,148.91 Million
Market ConcentrationMedium
Report Pages383
8,107.47
2024
14,148.91
2031

Major Players

  • Medtronic
  • General Electric
  • Masimo
  • Koninklijke Philips N.V.
  • Welch Allyn,
  • Smiths Medical
  • MGC Diagnostics Corporation
  • Novelda AS
  • Dragerwerk AG & Co. KGaA
  • Nihon Kohden Corporation
  • Chart Industries
  • DeVilbiss Healthcare LLC
  • Fisher & Paykel Healthcare Limited
  • GSK plc
  • ResMed
  • BD
  • Hamilton Medical
  • Abbott

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Respiratory Monitoring Devices Market

Fragmented - Highly competitive market without dominant players


The Respiratory Monitoring Devices Market continues to grow, primarily due to the rising global prevalence of respiratory disorders like COPD and asthma. Increasing awareness and the need for better disease management have contributed to a 20% growth in demand for respiratory monitoring technologies. This trend is also propelled by a surge in hospital visits for pulmonary issues and the expanding geriatric population base.

Innovation Accelerating Market Penetration
With technological improvements such as Bluetooth integration, AI-based monitoring, and portable design, there has been a 15% rise in the use of smart respiratory monitors. These developments are enhancing usability and enabling real-time data sharing, empowering both patients and clinicians to manage conditions more effectively outside traditional healthcare settings.

Healthcare Spending and Public Awareness
Growing government and private sector investments in health infrastructure have led to a 17% increase in device installations in hospitals and diagnostic centers. Health awareness initiatives and educational programs have further encouraged early respiratory assessments, accelerating device adoption in primary and secondary care environments.

Personalization and Preventive Health Trends
An industry-wide shift toward customized treatment approaches and preventive diagnostics has triggered a 13% uplift in the deployment of real-time respiratory monitors. Portable and home-use devices are now favored for long-term monitoring, offering continuous support for patients managing chronic respiratory disorders.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type of Device
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Respiratory Monitoring Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising respiratory disease prevalence
        2. Increased health awareness
        3. Early detection demand
        4. Remote monitoring adoption
      2. Restraints
        1. Stringent and evolving regulatory frameworks

        2. Limited access to quality healthcare

        3. Challenges in diagnostic result accuracy

      3. Opportunities
        1. Rising adoption of wearable technologies

        2. Expansion of telemedicine healthcare services

        3. Growth in home-based healthcare models

    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 Monitoring Devices Market, By Type of Device, 2021 - 2031 (USD Million)
      1. Spirometers
      2. Peak Flow Meters
      3. Sleep Test Devices
      4. Gas Analyzers
      5. Pulse Oximeters
      6. Capnographs
      7. Others
    2. Respiratory Monitoring Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Chronic Obstructive Pulmonary Disease
      2. Infectious Diseases
      3. Asthma
      4. Others
    3. Respiratory Monitoring Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Laboratories
      2. Hospitals
      3. Home Use
    4. Respiratory Monitoring 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. Medtronic (Ireland)
      2. General Electric (U.S.)
      3. Masimo (U.S.)
      4. Koninklijke Philips N.V. (U.S.)
      5. Welch Allyn, (U.S.)
      6. Smiths Medical (U.S.)
      7. MGC Diagnostics Corporation (U.S.)
      8. Novelda AS (Norway)
      9. Dragerwerk AG & Co. KGaA (Germany)
      10. Nihon Kohden Corporation (Japan)
      11. Chart Industries (U.S.)
      12. DeVilbiss Healthcare LLC (U.S.)
      13. Fisher & Paykel Healthcare Limited (New Zealand)
      14. GSK plc (U.K.)
      15. ResMed India (U.S.)
      16. BD (U.S.)
      17. Hamilton Medical (Switzerland)
      18. Abbott (U.S.)
  7. Analyst Views
  8. Future Outlook of the Market