Respiratory Care Medical Devices Market By Type (Therapeutic Devices (Ventilators, Nebulizers, Inhalers, PAP Devices, and Others), Diagnostic Devices (Spirometers, Polysomnography PSG Device, and Others), Monitoring Devices (Pulse Oximeters, Capnograph, and Others), and Consumables & Accessories (Masks, Disposable Resuscitators, Tracheostomy Tubes, and Others)), By Application (Chronic Obstructive Pulmonary Disease (COPD), Asthma, Sleep Apnea, Infectious Diseases, and Others), By End User (Hospital, Ambulatory Care Center, and Homecare Setting), Industry Trends, Estimation & Forecast, 2023-2030

Market Definition

Respiratory care medical devices help to diagnose, monitor, and treat patients with breathing problems. The respiratory care devices also analyze blood gas samples, measure lung function, and study sleep patterns. Respiratory care device is used for the treatment of chronic obstructive pulmonary disease (COPD), asthma, sleep apnea, infectious diseases, and other diseases.

The Respiratory Care Medical Devices market was valued at 29.7 billion US$ in 2022 and is projected to reach 78.4 billion US$ by 2030, at a CAGR of 12.9% during the forecast period.

Market Dynamics

Rising incidence of respiratory diseases is driving the demand for the respiratory care medical devices market. For instance, according to the World Health Organization (WHO), respiratory diseases are one of the leading causes of death in the world. More than 65 million people suffer from the chronic obstructive pulmonary disease (COPD), and 3 million die from it each year. Worldwide 334 million people are suffering from asthma, affecting 14% of all children. Each year more than 1.6 million people die from Lung cancer. Each year 10 million people develop tuberculosis (TB), and 1.4 million people die from it. About 4 million people die prematurely from the chronic respiratory disease globally. Further, urbanization and growing pollution levels, and increasing prevalence of tobacco Smoking are key driving factors of the market. However, product recalls of respiratory care devices might hamper the market growth. For instance, GE Healthcare has recalled the CARESCAPE Respiratory Modules and Airway Gas Option due to the manufacturing problem which may cause the devices to display incorrect oxygen values which lead to high or low blood oxygen levels in the patient. Moreover, increasing demand for home care therapeutic devices would provide lucrative opportunities for the market in the coming years.

Market Segmentation

The global respiratory care medical devices market is mainly classified based on type, application, and end-user. Type is further segmented into Therapeutic Devices (Ventilators, Nebulizers, Inhalers, PAP Devices, and Others), Diagnostic Devices (Spirometers, Polysomnography PSG Device, and Others), Monitoring Devices (Pulse Oximeters, Capnograph, and Others), and Consumables & Accessories (Masks, Disposable Resuscitators, Tracheostomy Tubes, and Others). By application, the market is divided into Chronic Obstructive Pulmonary Disease (COPD), Asthma, Sleep Apnea, Infectious Diseases, and Others. By the end-user, the market is further divided into the Hospital, Ambulatory Care Center, and Homecare Setting.

Based on type, therapeutic devices were dominating the global respiratory care medical devices market in 2019. The ventilators segment is anticipated to witness the highest CAGR amongst therapeutic devices, owing to the rising demand of ventilators in the COVID-19 pandemic, increasing commercialization of innovative ventilators, and collaboration between companies and government to increase the production of ventilators. For instance, the U.S. Government and Philips have signed an agreement to team up and increase the production of hospital ventilators in its manufacturing sites in the U.S. Philips plans to double the production and supply to the U.S. and global markets. These ventilators are critical for the treatment of coronavirus (COVID-19) patients.

Regional Analysis

Based on geography, the global respiratory care medical devices market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America was dominating the global respiratory care medical devices market in 2019, due to the rising prevalence of respiratory diseases. According to the Centers for Disease Control and Prevention (CDC), in the United States, more than 26 million people have asthma, of which 7 million patients are children. Moreover, the increasing launch of new products, technological advancement, increasing regulatory approval of respiratory care medical devices. For instance, the U.S. Food and Drug Administration has approved Cipla Limited’s first generic of Proventil HFA. Metered Dose Inhaler is a 90 mcg/Inhalation for the treatment and prevention of bronchospasm in patients age four years and older who have reversible obstructive airway disease.

Competitive landscape

Key players operating in the respiratory care medical devices industry include Medtronic Plc, Philips, Getinge AB, GE Healthcare, Fisher and Paykel Healthcare Co., Ltd., Resmed, Inc., Masimo Corporation, Hamilton Medical Ag, Smiths Medical, Inc., BD, Teleflex Incorporated, Omron Healthcare, Inc., Dragerwerk AG, Invacare Corporation, and Nihon Kohden Corporation.

The partnership between companies to develop, commercialize and distribute respiratory care medical devices, technological advancement, increasing regulatory approval of respiratory care medical devices, strategic acquisition to expand the respiratory care business, and commercialization of new innovative respiratory care medical devices are some of the strategies adopted by the major companies.
Respiratory Care Medical Devices Market Key Segments:

By Type
• Therapeutic Devices
o Ventilators
o Nebulizers
o Inhalers
o PAP Devices
o Others
• Diagnostic Devices
o Spirometers
o Polysomnography PSG Device
o Others
• Monitoring Devices
o Pulse Oximeters
o Capnograph
o Others
• Consumables & Accessories
o Masks
o Disposable Resuscitators
o Tracheostomy Tubes
o Others

By Application
• Chronic Obstructive Pulmonary Disease (COPD)
• Asthma
• Sleep Apnea
• Infectious Diseases
• Others

By End User
• Hospital
• Ambulatory Care Center
• Homecare Setting

Key Global Respiratory Care Medical Devices Industry Players
• Medtronic Plc
• Philips
• Getinge AB
• GE Healthcare
• Fisher and Paykel Healthcare Co., Ltd.
• Resmed, Inc.
• Masimo Corporation
• Hamilton Medical Ag
• Smiths Medical, Inc.
• BD
• Teleflex Incorporated
• Omron Healthcare, Inc.
• Dragerwerk AG
• Invacare Corporation
• Nihon Kohden Corporation

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Respiratory Care Medical Devices Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Rising Incidence of Respiratory Diseases
3.3.2. Urbanization and Growing Pollution Levels
3.3.3. Increasing Prevalence of Tobacco Smoking
3.4. Restraints
3.4.1. Product Recalls of Respiratory Care Devices
3.5. Opportunity
3.5.1. Increasing Demand for Home Care therapeutic Devices
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Therapeutic Devices
4.2.1.1.1. Market Size & Forecast
4.2.1.2. Ventilators
4.2.1.2.1. Market Size & Forecast
4.2.1.3. Nebulizers
4.2.1.3.1. Market Size & Forecast
4.2.1.4. Inhalers
4.2.1.4.1. Market Size & Forecast
4.2.1.5. PAP Devices
4.2.1.5.1. Market Size & Forecast
4.2.1.6. Others
4.2.1.6.1. Market Size & Forecast
4.3. Diagnostic Devices
4.3.1. Market Size & Forecast
4.3.1.1. Spirometers
4.3.1.1.1. Market Size & Forecast
4.3.1.2. Polysomnography PSG Device
4.3.1.2.1. Market Size & Forecast
4.3.1.3. Others
4.3.1.3.1. Market Size & Forecast
4.4. Monitoring Devices
4.4.1. Market Size & Forecast
4.4.1.1. Pulse Oximeters
4.4.1.1.1. Market Size & Forecast
4.4.1.2. Capnograph
4.4.1.2.1. Market Size & Forecast
4.4.1.3. Others
4.4.1.3.1. Market Size & Forecast
4.5. Consumables & Accessories
4.5.1. Market Size & Forecast
4.5.1.1. Masks
4.5.1.1.1. Market Size & Forecast
4.5.1.2. Disposable Resuscitators
4.5.1.2.1. Market Size & Forecast
4.5.1.3. Tracheostomy Tubes
4.5.1.3.1. Market Size & Forecast
4.5.1.4. Others
4.5.1.4.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Chronic Obstructive Pulmonary Disease (COPD)
5.2.1. Market Size & Forecast
5.3. Asthma
5.3.1. Market Size & Forecast
5.4. Sleep Apnea
5.4.1. Market Size & Forecast
5.5. Infectious Diseases
5.5.1. Market Size & Forecast
5.6. Others
5.6.1. Market Size & Forecast

6. End User Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. Hospital
6.2.1. Market Size & Forecast
6.3. Ambulatory Care Center
6.3.1. Market Size & Forecast
6.4. Homecare Setting
6.4.1. Market Size & Forecast

7. Respiratory Care Medical Devices Market Regional Overview
7.1. Introduction
7.1.1. Market Size & Forecast
7.2. North America Respiratory Care Medical Devices Market
7.2.1. North America Market Size & Forecast, By Country
7.2.2. North America Market Size & Forecast, By Type
7.2.3. North America Market Size & Forecast, By Application
7.2.4. North America Market Size & Forecast, By End User
7.2.5. U.S.
7.2.5.1. Market Size and Forecast
7.2.6. Canada
7.2.6.1. Market Size and Forecast
7.2.7. Mexico
7.2.7.1. Market Size and Forecast
7.3. Europe Respiratory Care Medical Devices Market
7.3.1. Europe Market Size & Forecast, By Country
7.3.2. Europe Market Size & Forecast, By Type
7.3.3. Europe Market Size & Forecast, By Application
7.3.4. Europe Market Size & Forecast, By End User
7.3.5. Germany
7.3.5.1. Market Size and Forecast
7.3.6. France
7.3.6.1. Market Size and Forecast
7.3.7. UK
7.3.7.1. Market Size and Forecast
7.3.8. Italy
7.3.8.1. Market Size and Forecast
7.3.9. Spain
7.3.9.1. Market Size and Forecast
7.3.10. Rest of Europe
7.3.10.1. Market Size and Forecast
7.4. Asia-Pacific Respiratory Care Medical Devices Market
7.4.1. Asia-Pacific Market Size & Forecast, By Country
7.4.2. Asia-Pacific Market Size & Forecast, By Type
7.4.3. Asia-Pacific Market Size & Forecast, By Application
7.4.4. Asia-Pacific Market Size & Forecast, By End User
7.4.5. Japan
7.4.5.1. Market Size and Forecast
7.4.6. China
7.4.6.1. Market Size and Forecast
7.4.7. Australia
7.4.7.1. Market Size and Forecast
7.4.8. India
7.4.8.1. Market Size and Forecast
7.4.9. South Korea
7.4.9.1. Market Size and Forecast
7.4.10. Rest of Asia-Pacific
7.4.10.1. Market Size and Forecast
7.5. South America Respiratory Care Medical Devices Market
7.5.1. South America Market Size & Forecast, By Country
7.5.2. South America Market Size & Forecast, By Type
7.5.3. South America Market Size & Forecast, By Application
7.5.4. South America Market Size & Forecast, By End User
7.5.5. Brazil
7.5.5.1. Market Size and Forecast
7.5.6. Argentina
7.5.6.1. Market Size and Forecast
7.5.7. Rest of South America
7.5.7.1. Market Size and Forecast
7.6. Middle East & Africa Respiratory Care Medical Devices Market
7.6.1. Middle East & Africa Market Size & Forecast, By Country
7.6.2. Middle East & Africa Market Size & Forecast, By Type
7.6.3. Middle East & Africa Market Size & Forecast, By Application
7.6.4. Middle East & Africa Market Size & Forecast, By End User
7.6.5. GCC Countries
7.6.5.1. Market Size and Forecast
7.6.6. Egypt
7.6.6.1. Market Size and Forecast
7.6.7. South Africa
7.6.7.1. Market Size and Forecast
7.6.8. Rest of Middle East & Africa
7.6.8.1. Market Size and Forecast

8. Company Profile
8.1. Medtronic Plc
8.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
8.1.2. Medtronic Plc Product Category, Application, and Specification
8.1.3. Medtronic Plc Financial Performance (2016-2018)
8.1.4. Main Business/Business Overview
8.2. Philips
8.3. Getinge AB
8.4. GE Healthcare
8.5. Fisher and Paykel Healthcare Co., Ltd.
8.6. Resmed, Inc.
8.7. Masimo Corporation
8.8. Hamilton Medical Ag
8.9. Smiths Medical, Inc.
8.10. BD
8.11. Teleflex Incorporated
8.12. Omron Healthcare, Inc.
8.13. Dragerwerk AG
8.14. Invacare Corporation
8.15. Nihon Kohden Corporation