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

By Product;

Nebulizers - Compressor-Based Nebulizers, Piston-Based Hand-Held Nebulizers & Ultrasonic Nebulizers, Humidifiers - Heated Humidifiers, Passover Humidifiers, Integrated Humidifiers, Built-In Humidifiers & Stand-Alone Humidifiers, Oxygen Concentrators - Fixed Oxygen Concentrators & Portable Oxygen Concentrators, Positive Airway Pressure Devices - Continuous Positive Airway Pressure Devices, Auto-Titrating Positive Airway Pressure Devices and Bi-level Positive Airway Pressure Devices, Ventilators - Adult ventilators and Neonatal Ventilators, Gas Analyzers, and Capnographs.

By End User;

Electrostatic Filtration, HEPA Filter Technology, Hollow Fiber Filtration , and Microsphere Separation.

By Filters;

Nebulizer Filters - Inlet Filters, Replacement Filters & Cabinet Filters, Humidifier Filters - Wick Filters, Permanent Cleanable Filters, Mineral Absorption Pads and Demineralization Cartridges, Positive Airway Pressure Device filters - Ultra Fine Foam Inlet Filters, Polyester Non-Woven Fiber Filters & Acrylic & polypropylene Fiber Filter, Oxygen Concentrators Filters - HEPA Filters, Cabinet Filters, Pre-Inlet Filters, Inlet Filters, Micro Disk filters, Felt Intake Filters, Bacterial Filters & Hollow Membrane Filters, Ventilator Filters - Mechanical Filters[HEPA Filters, ULPA Filters & Activated Carbon Filters], - Electrostatic Filters[Tribocharged Filters and Fibrillated Filters].

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn135926284 Published Date: January, 2025 Updated Date: February, 2025

Introduction

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

In the year 2024, the Global Therapeutic Respiratory Devices Market was valued at USD 15,483.67 million. The size of this market is expected to increase to USD 23,451.37 million by the year 2031, while respiratory devices market mordor growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.

The Global Therapeutic Respiratory Devices Market encompasses a wide array of medical devices designed to aid patients with respiratory ailments, ranging from chronic obstructive pulmonary disease (COPD) to asthma and sleep apnea. These devices play a crucial role in enhancing the quality of life for individuals suffering from respiratory conditions by delivering therapeutic treatments, improving airflow, and assisting in breathing. With the increasing prevalence of respiratory diseases worldwide due to factors such as pollution, smoking, and aging populations, the demand for these devices continues to surge, driving innovation and market growth.

Technological advancements have revolutionized the therapeutic respiratory devices market, leading to the development of more efficient and user-friendly products. From portable nebulizers and inhalers to continuous positive airway pressure (CPAP) machines and oxygen concentrators, manufacturers are constantly introducing innovations to meet the evolving needs of patients and healthcare providers. Additionally, the integration of smart technologies and connectivity features into these devices has enabled remote monitoring and personalized treatment approaches, further enhancing patient outcomes and adherence to therapy regimens.

Geographically, the global therapeutic respiratory devices market is witnessing significant growth across regions, with North America and Europe leading the market due to high healthcare expenditure, well-established healthcare infrastructure, and a growing aging population. However, emerging economies in Asia Pacific and Latin America are also experiencing rapid market expansion, driven by improving healthcare access, rising awareness about respiratory diseases, and increasing investments in healthcare infrastructure. As the prevalence of respiratory disorders continues to rise globally, the therapeutic respiratory devices market is poised for sustained growth, with ongoing research and development activities focusing on enhancing device efficacy, patient comfort, and treatment outcomes.

  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
    2. Market Snapshot, By End User
    3. Market Snapshot, By Filters
    4. Market Snapshot, By Region
  4. Global Therapeutic Respiratory Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Respiratory Diseases
        2. Aging Population
        3. Technological Advancements
        4. Rising Healthcare Expenditure
      2. Restraints
        1. High Costs of Devices
        2. Reimbursement Challenges
        3. Stringent Regulatory Requirements
        4. Economic Disparities
      3. Opportunities
        1. Emerging Markets
        2. Technological Innovations
        3. Telemedicine Integration
        4. Wearable Respiratory Devices
    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 Therapeutic Respiratory Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Nebulizers
        1. Compressor-based nebulizers
        2. Piston-based hand-held nebulizers
        3. Ultrasonic nebulizers
      2. Humidifiers
        1. Heated humidifiers
        2. Passover Humidifiers
        3. Integrated humidifiers
        4. Built-in humidifiers
        5. Stand-alone humidifiers
      3. Oxygen concentrators
        1. Fixed oxygen concentrators
        2. Portable oxygen concentrators
        3. Positive airway pressure devices
          1. Continuous positive airway pressure devices
          2. Auto-titrating positive airway pressure devices
          3. Bi-level positive airway pressure devices
      4. Ventilators
        1. Adult ventilators
        2. Neonatal ventilators
        3. Gas analyzers
        4. Capnographs
    2. Global Therapeutic Respiratory Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Electrostatic filtration
      2. HEPA filter technology
      3. Hollow fiber filtration
      4. Microsphere separation
    3. Global Therapeutic Respiratory Devices Market, By Filters, 2021 - 2031 (USD Million)
      1. Nebulizer filters
        1. Cabinet filters
        2. Replacement filters
        3. Inlet filters
      2. Humidifier filters
        1. Wick filters
        2. Permanent cleanable filters
        3. Mineral absorption pads
        4. Demineralization cartridges
      3. Positive airway pressure device filters
        1. Ultra fine foam inlet filters
        2. Polyester non-woven fiber filters
        3. Acrylic & polypropylene fiber filter
      4. Oxygen concentrators filters
        1. HEPA filters
        2. Cabinet filters
        3. Pre-inlet filters
        4. Inlet filters
        5. Micro disk filters
        6. Felt intake filters
        7. Bacterial filters
        8. Hollow membrane filters
      5. Ventilator filters
        1. Mechanical filters
          1. Activated carbon filters
          2. ULPA filters
          3. HEPA filters
        2. Electrostatic filters
          1. Tribocharged filters
          2. Fibrillated filters
    4. Global Therapeutic 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
        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. CareFusion Corporation
      2. GE Healthcare
      3. Airsep Corporation
      4. Philips Healthcare
      5. Compumedics Ltd.
      6. Smiths Medical
      7. Covidien Plc
      8. Invacare
      9. Fisher and Paykel
      10. Mindray
  7. Analyst Views
  8. Future Outlook of the Market