Global Respiratory Care Devices Market

Respiratory Care Devices Market Size, Share, Growth Analysis, By Product(Therapeutic Respiratory Care Devices (PAP Devices (CPAP Devices, APAP Devices, BiPAP Devices), Ventilators (ICU Ventilators), By Disease indication(Chronic Obstructive Pulmonary Disease (COPD), Sleep Apnea, Asthma, Infectious Diseases), By End user(Hospitals, Home Care Settings, Ambulatory Care Centers (ACCs), Other End Users), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35G2270 | Region: Global | Published Date: October, 2024
Pages: 219 | Tables: 96 | Figures: 76

Respiratory Care Devices Market News

  • In April 2024, Viemed Healthcare, Inc., a national leader in respiratory care and technology-enabled home medical equipment services, announced the finalization of its strategic partnership with East Alabama Health, providing Viemed with the controlling interest of East Alabama HomeMed, LLC. HomeMed provides home medical equipment services to patients within the EAH network as well as those in the surrounding areas of Eastern Alabama. 
  • In March 2024, Medline, a market-leading manufacturer and supplier of medical supplies and solutions, announced the successful acquisition of the manufacturing rights and intellectual property of AG Cuffill from Hospitech Respiration Ltd. The compact and intuitive syringe-like device provides an accurate solution for measuring both pressure and volume of airway cuffs in all clinical settings. 
  • In February 2024, ResMed launched its AirCurve 11 series devices, the company’s newest bilevel devices that use two levels of support, inspiratory positive airway pressure (IPAP) and expiratory positive airway pressure (EPAP), combined with digital technology to make it easier for healthcare providers to treat sleep apnea and to help patients start and stay on therapy.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Respiratory Care Devices Market size was valued at around USD 19.9 billion in 2022 and is expected to rise from USD 21.5 billion in 2023 to reach a value of USD 38.6 billion by 2031, at a CAGR of 7.6% over the forecast period (2024–2031).

The aggressive environment of the Respiratory Care Devices market is dynamic and characterised by way of excessive competition amongst key players vying for market share and innovation. Established multinational groups and emerging gamers contribute to a dynamic environment wherein technological improvements and product differentiation play pivotal roles. Key competitors' recognition of increasing their product portfolios, emphasizing person-pleasant and technologically superior gadgets, and strategic collaborations to reinforce their market presence. The market is various, presenting a number of devices from ventilators and nebulizers to CPAP and BiPAP machines. 'Koninklijke Philips N.V. ', 'Medtronic ', 'ResMed ', 'Masimo ', 'Fisher & Paykel Healthcare Limited ', 'Drägerwerk AG & Co. KGaA ', 'Getinge ', 'Nihon Kohden Corporation ', 'GE Healthcare ', 'Vyaire Medical, Inc. ', 'Baxter International, Inc. ', 'AdaptHealth, LLC ', 'Teleflex Incorporated ', 'Air Liquide ', 'Invacare Corporation ', 'ICU Medical ', 'Hamilton Medical AG ', 'Apex Medical Corp ', 'Medline Industries, LP ', 'HUM Society for Homecare and Medical Technology mbH ', 'Omron Healthcare, Inc.'

The increasing prevalence of respiratory diseases, including chronic obstructive pulmonary disease (COPD), and asthma, acts as a major cause, requiring the use of respiratory monitoring devices for effective use Technologically advances in these devices, such as portable nebulizers and smart inhalers It also increases patient compliance and treatment outcomes. Increased awareness of respiratory health, coupled with a growing aging population worldwide, is driving the demand for these devices.

Rising Emphasis on Remote Patient Monitoring: The increasing emphasis on remote disease surveillance and remote healthcare solutions, is driving the development of new respiratory monitoring devices that allow for better management of respiratory conditions at home. The integration of smart technologies, such as IoT-enabled inhalers and digital platforms for data tracking, increases patient engagement and adherence to treatment regimens Another important factor is the demand for devices with compact portable breathing apparatus with increasing patient breathing -Provides greater mobility and flexibility in health care management.

North America is in all likelihood to dominate the marketplace due to its properly-hooked up healthcare infrastructure, high incidence of respiratory diseases, and great investments in healthcare technology. The vicinity's sturdy research and improvement sports, coupled with a proactive technique to adopting advanced respiratory care gadgets, make a contribution to its management within the market. Additionally, the presence of key market gamers and favorable repayment guidelines similarly helps North America's dominance.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Respiratory Devices Market
Buy Now GET FREE SAMPLE
Therapeutic Respiratory Devices Market
Buy Now GET FREE SAMPLE
Respiratory Monitoring Device Market
Buy Now GET FREE SAMPLE
Airway Management Devices Market
Buy Now GET FREE SAMPLE
Medical Devices Market
Buy Now GET FREE SAMPLE
Breathing Circuits Market
Buy Now GET FREE SAMPLE
Oxygen Therapy Equipment Market
Buy Now GET FREE SAMPLE
Sleep Apnea Devices Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Respiratory Care Devices Market

Report ID: SQMIG35G2270

$5,300
BUY NOW GET FREE SAMPLE