Product Code: 978-1-68038-488-8
Therapeutic Respiratory Devices Market Growth & Trends:
The global therapeutic respiratory devices market size is anticipated to reach USD 18.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.8% from 2024 to 2030. A growing geriatric population, rapid technological advancements, and increasing prevalence of respiratory diseases are the key factors that are driving the market. Moreover, the market is expected to grow owing to rapid technological advancements in the healthcare sector. Nowadays, respiratory monitoring devices use software applications for the collection and analysis of data from ventilators equipped with the health system.
Availability of ventilation facilities during the COVID-19 outbreak improved day-to-day operational capabilities. The American Association for Respiratory Care joined forces with different organizations to train respiratory therapists on operating ventilators in the pandemic. This has further stimulated the market players to increase their production capacity to meet the additional demand. For instance, Royal Philips presented an update on its goals to double hospital ventilator production by May 2020 and reach a four-fold growth by the third quarter of 2020
Growing prevalence of respiratory diseases is one of the high-impact rendering drivers of this market. According to WHO, 3.23 million people died due to COPD, and it was the third-largest cause of death worldwide in 2019. Likewise, WHO also estimates that by 2030, the four primary potentially fatal respiratory diseases-lung cancer, tuberculosis, COPD, & pneumonia-will cause approximately one in five deaths globally, up from one-sixth of all deaths in the world in 2008.
Furthermore, growing initiatives by government and private organizations, such as COPD Foundation that encourage awareness regarding respiratory illnesses & available treatments, are creating significant potential opportunities in the market. Omron Healthcare India and Lupin Limited established a long-term strategic partnership in June 2020 to improve respiratory disease treatment programs in India, with a primary focus on patients with asthma and COPD. This collaboration will usher in a new era in terms of improving drug delivery, adherence, diagnosis, and awareness.
Therapeutic Respiratory Devices Market Report Highlights:
- Oxygen concentrators segment dominated the market with the largest share of 29.3% in 2023. Growing demand for home oxygen therapy, rising incidence of respiratory diseases, rapid growth in the aging population, high tobacco consumption, and technological advancements in respiratory devices are some of the reasons driving the segment.
- Electrostatic filters segment dominated the market, with the largest share of 35.7% in 2023. Electrostatic filters provide effective microbial removal and offer low airflow resistance.
- Ventilator filters segment dominated the market with the largest share in 2023. Ventilator filters are crucial for preventing the spread of infectious diseases in healthcare settings.
- North America dominated the market and accounted for a revenue share of 41.2% in 2023. The increasing prevalence of respiratory conditions and technological advancements in respiratory devices, such as portable and compact models with enhanced features is driving the market in the region.
Table of Contents
Chapter 1 Research Methodology & Scope
- 1.1 Market Segmentation & Scope
- 1.1.1 Regional Scope:
- 1.1.2 Estimates & Forecast Timeline
- 1.2 Research Methodology
- 1.2.1 Information Procurement
- 1.2.1.1 Purchased Database:
- 1.2.1.2 Gvr's Internal Database
- 1.2.2 Primary Research:
- 1.3 Model Details
- 1.3.1 Consensus-Based Estimates & Forecasting
- 1.3.2 Commodity Flow Analysis
- 1.3.3 Top-Down Market Estimation
- 1.3.4 Region-Based Segment Share Calculation
- 1.3.4.1 Segment-Level Company Revenue Estimates: A Key Example
- 1.3.5 Bottom-Up And Hybrid Model Estimation
- 1.3.6 Global Market: Cagr Calculation
- 1.4 List Of Secondary Sources
- 1.5 Objectives
- 1.5.1 Objective 1:
- 1.5.2 Objective 2:
- 1.5.3 Objective 3
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.2.1 Product
- 2.2.2 Technology
- 2.2.3 Filter
- 2.3 Competitive Landscape Snapshot
Chapter 3 Therapeutic Respiratory Devices Market: Market Variables Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Ancillary Market Outlook
- 3.2 Market Dynamics
- 3.2.1 Market Driver Analysis
- 3.2.1.1 Rising Prevalence Of Respiratory Diseases & Growing Geriatric Population
- 3.2.1.2 Launch Of New-Generation Products
- 3.2.1.3 Supportive Initiatives By Government And Private Organizations
- 3.2.2 Market Restraint Analysis
- 3.2.2.1 Product Recalls & Failure
- 3.2.2.2 Complex Regulatory Framework Pertaining To Therapeutic Respiratory Devices
- 3.2.3 Key Opportunities Prioritized
- 3.2.3.1 Growing Demand For Home Care Therapeutic Respiratory Devices
- 3.3 Industry Analysis - Porter's Five Forces
- 3.4 Industry Analysis - Pestle
- 3.5 Therapeutic Respiratory Devices Market: Covid-19 Impact Analysis
- 3.5.1 Covid-19 Impact On Notable Market Players
- 3.5.1.1 Philips N.V.
- 3.5.1.2 Fisher & Paykel Healthcare
- 3.5.1.3 Ge Healthcare
- 3.5.1.4 Medtronic
- 3.5.2 Market Restraint: Limited Duration
- 3.5.2.1 Overstocking Of Devices Due To Covid-19
Chapter 4 Therapeutic Respiratory Devices Market: Product Analysis
- 4.1 Product Analysis
- 4.2 Therapeutic Respiratory Devices Market: Product Movement Analysis
- 4.3 Nebulizers
- 4.3.1 Nebulizer Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.3.2 Compressor-Based Nebulizers
- 4.3.2.1 Compressor-Based Nebulizers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.3.3 Piston-Based Hand-Held Nebulizers
- 4.3.3.1 Piston-Based Hand-Held Nebulizers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.3.4 Ultrasonic Nebulizers
- 4.3.4.1 Ultrasonic Nebulizers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.4 Humidifiers
- 4.4.1 Humidifiers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.4.2 Heated Humidifiers
- 4.4.2.1 Heated Humidifiers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.4.3 Passover Humidifiers
- 4.4.3.1 Passover Humidifiers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.4.4 Integrated Humidifiers
- 4.4.4.1 Integrated Humidifiers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.4.5 Built-In Humidifiers
- 4.4.5.1 Built-In Humidifiers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.4.6 Stand-Alone Humidifiers
- 4.4.6.1 Stand-Alone Humidifiers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.5 Oxygen Concentrators
- 4.5.1 Oxygen Concentrators Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.5.2 Fixed Oxygen Concentrators
- 4.5.2.1 Fixed Oxygen Concentrators Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.5.3 Portable Oxygen Concentrators
- 4.5.3.1 Portable Oxygen Concentrators Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.6 Positive Airway Pressure Devices
- 4.6.1 Positive Airway Pressure Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.6.2 Continuous Positive Airway Pressure Devices
- 4.6.2.1 Continuous Positive Airway Pressure Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.6.3 Auto-Titrating Positive Airway Pressure Devices
- 4.6.3.1 Auto-Titrating Positive Airway Pressure Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.6.4 Bi-Level Positive Airway Pressure Devices
- 4.6.4.1 Bi-Level Positive Airway Pressure Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.7 Ventilators
- 4.7.1 Ventilators Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.7.2 Adult Ventilators
- 4.7.2.1 Adult Ventilators Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.7.3 Neonatal Ventilators
- 4.7.3.1 Neonatal Ventilators Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.8 Gas Analyzers
- 4.8.1 Gas Analyzers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 4.9 Capnographs
- 4.9.1 Capnographs Market Estimates And Forecasts, 2018 - 2030 (USD Million)
Chapter 5 Therapeutic Respiratory Devices Market: Technology Analysis
- 5.1 Technology Business Analysis
- 5.2 Therapeutic Respiratory Devices Market: Technology Movement Analysis
- 5.3 Electrostatic Filtration
- 5.3.1 Electrostatic Filtration Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.4 Hepa Filter Technology
- 5.4.1 Hepa Filter Technology Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.5 Hollow Fiber Filtration
- 5.5.1 Hollow Fiber Filtration Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.6 Microsphere Separation
- 5.6.1 Microsphere Separation Market Estimates And Forecasts, 2018 - 2030 (USD Million)
Chapter 6 Therapeutic Respiratory Devices Market: Filter Analysis
- 6.1 Filter Business Analysis
- 6.2 Therapeutic Respiratory Devices Market: Filter Movement Analysis
- 6.3 Nebulizer Filters
- 6.3.1 Nebulizer Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.2 Inlet Filters
- 6.3.2.1 Inlet Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.3 Replacement Filters
- 6.3.3.1 Replacement Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.4 Cabinet Filters
- 6.3.4.1 Cabinet Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4 Humidifier Filters
- 6.4.1 Humidifier Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.2 Wick Filters
- 6.4.2.1 Wick Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.3 Permanent Cleanable Filters
- 6.4.3.1 Permanent Cleanable Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.4 Mineral Absorption Pads
- 6.4.4.1 Mineral Absorption Pads Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.5 Demineralization Cartridges
- 6.4.5.1 Demineralization Cartridges Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5 Positive Airway Pressure Device Filters
- 6.5.1 Positive Airway Pressure Device Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.2 Ultra Fine Foam Inlet Filters
- 6.5.2.1 Ultra Fine Foam Inlet Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.3 Polyester Nonwoven Fiber Filters
- 6.5.3.1 Polyester Nonwoven Fiber Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.4 Acrylic & Polypropylene Fiber Filter
- 6.5.4.1 Acrylic & Polypropylene Fiber Filter Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6 Oxygen Concentrators Filters
- 6.6.1 Oxygen Concentrators Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.2 Hepa Filters
- 6.6.2.1 Hepa Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.3 Cabinet Filters
- 6.6.3.1 Cabinet Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.4 Pre-Inlet Filters
- 6.6.4.1 Pre-Inlet Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.5 Inlet Filters
- 6.6.5.1 Inlet Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.6 Micro Disk Filters
- 6.6.6.1 Micro Disk Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.7 Felt Intake Filters
- 6.6.7.1 Felt Intake Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.8 Bacterial Filters
- 6.6.8.1 Bacterial Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.9 Hollow Membrane Filters
- 6.6.9.1 Hollow Membrane Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7 Ventilator Filters
- 6.7.1 Ventilator Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7.2 Mechanical Filters
- 6.7.2.1 Mechanical Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7.2.2 Hepa Filters
- 6.7.2.2.1 Hepa Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7.2.3 Ulpa Filters
- 6.7.2.3.1 Ulpa Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7.2.4 Activated Carbon Filters
- 6.7.2.4.1 Activated Carbon Filters Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7.3 Electrostatic Filters
- 6.7.3.1 Electrostatic filters market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.3.2 Tribocharged filters
- 6.7.3.2.1 Tribocharged filters market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.3.3 Fibrillated filters
- 6.7.3.3.1 Fibrillated filters market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7 Therapeutic Respiratory Devices Market: Regional Market Analysis, By Product Type, By Technology, & By Filter 2018 - 2030 (USD Million)
- 7.1 Regional market snapshot
- 7.2 Regional market key takeaways
- 7.3 North America
- 7.3.1 North America Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.2 U.S.
- 7.3.2.1 U.S. Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.3 Canada
- 7.3.3.1 Canada Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.3 Mxexico
- 7.3.3.1 Mexico Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4 Europe
- 7.4.1 Europe Therapeutic Respiratory Devices Market Estimates And Forecasts By Countries, 2018 - 2030 (USD Million)
- 7.4.2 UK
- 7.4.2.1 UK Therapeutic Respiratory Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3 Germany
- 7.4.3.1 Germany Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.4 France
- 7.4.4.1 France Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.5 Spain
- 7.4.5.1 Spain Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.6 Italy
- 7.4.6.1 Italy Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.7 Sweden
- 7.4.7.1 Sweden Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.8 Denmark
- 7.4.8.1 Denmark Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.9 Norway
- 7.4.9.1 Norway Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5 Asia Pacific
- 7.5.1 Asia Pacific Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.2 Japan
- 7.5.2.1 Japan Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.3 China
- 7.5.3.1 China Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.4 India
- 7.5.4.1 India Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.5 Australia
- 7.5.5.1 Australia Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.6 South Korea
- 7.5.6.1 South Korea Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.7 Thailand
- 7.5.7.1 Thailand Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6 Latin America
- 7.6.1 Latin America Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6.2 Brazil
- 7.6.2.1 Brazil Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6.3 Argentina
- 7.6.3.1 Argentina Therapeutic Respiratory Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7 MEA
- 7.7.1 MEA Therapeutic Respiratory Devices Market Estimates And Forecasts By Countries, 2018 - 2030 (USD Million)
- 7.7.2 South Africa
- 7.7.2.1 South Africa Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.7.3 Saudi Arabia
- 7.7.3.1 Saudi Arabia Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.7.4 Uae
- 7.7.4.1 Uae Therapeutic Respiratory Devices Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.7.5 Kuwait
- 7.7.5.1 Kuwait Therapeutic Respiratory Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8 Therapeutic Respiratory Devices Market - Competitive Analysis
- 8.1 Company Profiles
- 8.1.1 GE HEALTHCARE
- 8.1.1.1 Financial Performance
- 8.1.1.2 Product Benchmarking
- 8.1.1.3 Strategy Mapping
- 8.1.2 KONINKLIJKE PHILIPS N.V.
- 8.1.2.1 Financial Performance
- 8.1.2.2 Product Benchmarking
- 8.1.2.3 Strategy Mapping
- 8.1.3 ICU MEDICAL (SMITHS MEDICAL)
- 8.1.3.1 Financial Performance
- 8.1.3.2 Product Benchmarking
- 8.1.3.3 Strategy Mapping
- 8.1.4 INVACARE CORPORATION
- 8.1.4.1 Financial Performance
- 8.1.4.2 Product Benchmarking
- 8.1.4.3 Strategy Mapping
- 8.1.5 REACT HEALTH
- 8.1.5.1 Financial Performance
- 8.1.5.2 Product Benchmarking
- 8.1.5.3 Strategy Mapping
- 8.1.6 MEDTRONIC
- 8.1.6.1 Financial Performance
- 8.1.6.2 Product Benchmarking
- 8.1.6.3 Strategy Mapping
- 8.1.7 FISHER & PAYKEL HEALTHCARE
- 8.1.7.1 Financial Performance
- 8.1.7.2 Product Benchmarking
- 8.1.7.3 Strategy Mapping
- 8.1.8 RESMED
- 8.1.8.1 Financial Performance
- 8.1.8.2 Product Benchmarking
- 8.1.8.3 Strategy Mapping
- 8.1.9 CAIRE, INC. (NGK SPARK PLUG CO., LTD.)
- 8.1.9.1 Financial Performance
- 8.1.9.2 Product Benchmarking
- 8.1.9.3 Strategy Mapping
- 8.1.10 LINDE
- 8.1.10.1 Financial Performance
- 8.1.10.2 Product Benchmarking
- 8.1.10.3 Strategy Mapping
- 8.1.11 MINDRAY
- 8.1.11.1 Financial Performance
- 8.1.11.2 Product Benchmarking
- 8.1.11.3 Strategy Mapping
- 8.1.12 CHART INDUSTRIES
- 8.1.12.1 Financial Performance
- 8.1.12.2 Product Benchmarking
- 8.1.12.3 Strategy Mapping
- 8.1.13 DRAGERWERK AG & CO. KGAA
- 8.1.13.1 Financial Performance
- 8.1.13.2 Product Benchmarking
- 8.1.13.3 Strategy Mapping
- 8.1.14 DRIVE DEVILBISS INTERNATIONAL
- 8.1.14.1 Financial Performance
- 8.1.14.2 Product Benchmarking
- 8.1.14.3 Strategy Mapping
- 8.1.15 INOGEN, INC.
- 8.1.15.1 Financial Performance
- 8.1.15.2 Product Benchmarking
- 8.1.15.3 Strategy Mapping
- 8.1.16 NOVARTIS INTERNATIONAL AG
- 8.1.16.1 Financial Performance
- 8.1.16.2 Product Benchmarking
- 8.1.16.3 Strategy Mapping
- 8.1.17 HAMILTON MEDICAL
- 8.1.17.1 Financial Performance
- 8.1.17.2 Product Benchmarking
- 8.1.17.3 Strategy Mapping
- 8.2 Market Participation Categorization
- 8.3 Public Companies
- 8.3.1 Company Market Position Analysis - Heat Map Analysis (Oxygen Concentrator)
- 8.4 Private Companies
- 8.4.1 Company Market Position Analysis - Heat Map Analysis (Oxygen Concentrator)