Respiratory devices market
Respiratory Devices Market, by Product Type (Respiratory Consumables (Respiratory Mask, Nasal Cannulas, Tracheostomy Tubes and Oxygen Tubes, and Other Accessories and Consumables), Nebulizers (Compressed Jet Nebulizers, Ultrasonic Nebulizers, Mesh Nebulizers), Oxygen Concentrators (Home Oxygen Concentrators and Portable Oxygen Concentrators), Positive airway pressure devices, Polysomnography Devices (Ambulatory PSG and Clinical PSG), Pulse Oximeters, Mechanical Ventilators, and Spirometers), by End User (Hospitals, Ambulatory Surgical Centers, Clinics, and Others (Long Term Care Centers, etc.), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
- Dec 2022
- CMI1299
- 256 Pages
- Excel & Pdf
- Medical Devices
Respiratory devices are medical devices that are used to assist a patient suffering from breathing problems. These devices are used in the management and treatment of disorders such as fibrosis, asthma, Chronic Obstructive Pulmonary Disease (COPD), and Acute Respiratory Distress Syndrome (ARDS). There are a variety of diseases that benefit from these advanced tools such as oxygen concentrators, nebulizers, ventilators, etc. The respiratory device assists with the removal of mucus from the airways and improves pulmonary functions.
The global respiratory devices market is estimated to be valued at US$ 21,725.0 million in 2022 and is expected to exhibit a CAGR of 9.1% during the forecast period (2022-2030).
Figure 1. Global Respiratory Devices Market Share (%), by Product Type, 2022
Global Respiratory Devices Market - Drivers
Increasing adoption of inorganic growth strategies such as product launches by key market players is expected to drive the global respiratory devices market growth over the forecast period. For instance, in January 2020, ICU Medical, Inc., a medical device company, announced that it had launched Portex, a Polyvinyl Chloride (PVC) tracheostomy tube, which is used to facilitate the administration of positive pressure ventilation to provide a patent airway in patients prone to upper airway obstruction, and to provide access to the lower respiratory tract for airway clearance.
Respiratory Devices Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2022: | US$ 21,725.0 Mn |
Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 9.1% | 2030 Value Projection: | US$ 43,627.3 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Masimo, Teleflex Incorporated, Fisher & Paykel Healthcare Limited, ResMed, Hamilton Medical, Medtronic, Koninklijke Philips N.V., ICU Medical, Inc., General Electric Company, Dragerwerk AG & Co. KGaA, Inogen, Inc., TytoCare Ltd., Belluscura, Mitocon Biomed, VYAIRE, Medline Industries, Inc., OMRON Corporation, TNI medical AG, and Xplore Health Technologies Pvt. Ltd. |
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Growth Drivers: |
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Restraints & Challenges: |
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Figure 2. Global Respiratory Devices Market Value (US$ Million), by Region, 2022
Global Respiratory Devices Market – Impact of Coronavirus (COVID-19) Pandemic
Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.
COVID-19 can affect the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others are facing problems with the transportation of drugs from one place to another.
However, the COVID-19 pandemic had a positive impact on the global respiratory devices market. For instance, in April 2020, according to the data published in WILEY Journal, Randomized Controlled Trials (RCTs) were studied to compare the protective effect of medical masks to N95 respirators in healthcare workers. The conclusion of the study was, the medical masks and N95 respirators provide similar protection from COVID-19 in healthcare workers during non–aerosol-generating care.
Global Respiratory Devices Market: Key Developments
Increasing adoption of inorganic growth strategies such as product launches by key market players is expected to drive the global respiratory devices market growth over the forecast period. For instance, in November 2022, Xplore Health Technologies Pvt. Ltd., a healthcare technology company, announced that it had launched a respiratory muscle training device called Airofit Pro, which personalizes the breathing experience for users and makes the respiratory muscles stronger, faster, and more efficient.
Global Respiratory Devices Market: Restraint
Increasing number of product recalls by regulatory authorities such as the U.S. Food and Drug Administration is expected to hinder the market growth over the forecast period. For instance, in September 2022, the U.S. Food and Drug Administration recalled a class I BiPAP machine, a type of ventilator, which is manufactured by Koninklijke Philips N.V., a medical device company. The device was recalled because the machines may contain plastic in their motors that release volatile organic compounds which have the risk for users inhaling dangerous volatile organic compounds and the plastic could also cause device failure.
Global Respiratory Devices Market - Key Players
Major players operating in the global respiratory devices market include Masimo, Teleflex Incorporated, Fisher & Paykel Healthcare Limited, ResMed, Hamilton Medical, Medtronic, Koninklijke Philips N.V., ICU Medical, Inc., General Electric Company, Dragerwerk AG & Co. KGaA, Inogen, Inc., TytoCare Ltd., Belluscura, Mitocon Biomed, VYAIRE, Medline Industries, Inc., OMRON Corporation, TNI medical AG, and Xplore Health Technologies Pvt. Ltd.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Acquisitions and Partnerships Scenario
- Technology Overview
- Regulatory Scenario
- Pricing Analysis
- PEST Analysis
- Market Dynamics
- Global Respiratory Devices Market - Impact of Coronavirus (Covid-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the market
- Global Respiratory Devices Market, By Product Type, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Respiratory Consumables
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Polysomnography Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Mechanical Ventilators
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Spirometers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Respiratory Devices Market, By End User, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Ambulatory Surgical Centers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Others (Long Term Care Centers, etc.)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Respiratory Devices Market, By Region, 2017 – 2030, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2030
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Regions, 2017 – 2030, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Masimo
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Teleflex Incorporated
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Fisher & Paykel Healthcare Limited
- Company Highlight
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- ResMed
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Hamilton Medical
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Medtronic
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Koninklijke Philips N.V.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- ICU Medical, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- General Electric Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Dragerwerk AG & Co. KGaA
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Inogen, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- TytoCare Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Belluscura
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Mitocon Biomed
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- VYAIRE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Medline Industries, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- OMRON Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- TNI medical AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Xplore Health Technologies Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Masimo
- Section
- Research Methodology
- About Us
*Browse 25 market data tables and 23 figures on "Global Respiratory Devices Market” - forecast to 2030
Detailed Segmentation:
- Global Respiratory Devices Market, By Product Type:
-
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Respiratory Consumables
- Global Respiratory Devices Market, By End User:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- Global Respiratory Devices Market, By Region:
- North America
- By Product Type
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Respiratory Consumables
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- By Country
- U.S.
- Canada
- By Product Type
- Latin America
- By Product Type
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Respiratory Consumables
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Product Type
- Europe
- By Product Type
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Respiratory Consumables
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- By Product Type
- Asia Pacific
- By Product Type
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Respiratory Consumables
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Product Type
- Middle East
- By Product Type
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Respiratory Consumables
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- By Country
- GCC
- Israel
- Rest of Middle East
- By Product Type
- Africa
- By Product Type
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Respiratory Consumables
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- By Country/Regions
- South Africa
- Central Africa
- North Africa
- By Product Type
- North America