Respiratory Devices And Equipment (Therapeutic) Market Report 2026
Respiratory Devices And Equipment (Therapeutic) Market Report 2026
Global Outlook – By Product (Nebulizers, Humidifiers, Oxygen Concentrators, Positive Airway Pressure Devices, Ventilators, Capnographs, Gas Analyzers), By Technology (HEPA Filter, Electrostatic Filtration, Microsphere Separation, Hollow Fiber Filtration, Other Technologies), By End-User (Homecare settings, Hospitals) – Market Size, Trends, Strategies, and Forecast to 2035
Respiratory Devices And Equipment (Therapeutic) Market Overview
• Respiratory Devices And Equipment (Therapeutic) market size has reached to $23.68 billion in 2025 • Expected to grow to $35.19 billion in 2030 at a compound annual growth rate (CAGR) of 8.3% • Growth Driver: Growing Smoker Population Fuels Demand For Therapeutic Respiratory Devices And Equipment • Market Trend: Advancements In The Respiratory Devices And Equipment • Asia-Pacific was the largest region in 2025 and Western Europe is the fastest growing region.
What Is Covered Under Respiratory Devices And Equipment (Therapeutic) Market?
Respiratory devices and equipment (therapeutic) are used to treat patients with acute or chronic respiratory disorders such as chronic obstructive pulmonary disease (COPD), chronic bronchitis, asthma, sleep disorders, etc. The main products of the respiratory devices and equipment (therapeutic) market are nebulizers, humidifiers, oxygen concentrators, positive airway pressure devices, ventilators, capnographs, and gas analyzers. A nebulizer is a small machine that turns liquid medicine into a mist, sits with the machine, and breathes in by a connected mouthpiece. The various technologies involved in the respiratory devices and equipment are HEPA filter, electrostatic filtration, microsphere separation, hollow fiber filtration, and others. The market covered in this report is segmented by end-users into home care settings and hospitals.
What Is The Respiratory Devices And Equipment (Therapeutic) Market Size and Share 2026?
The respiratory devices and equipment (therapeutic) market size has grown strongly in recent years. It will grow from $23.68 billion in 2025 to $25.59 billion in 2026 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increasing prevalence of chronic respiratory diseases, rising hospital admissions for respiratory disorders, expansion of homecare medical equipment usage, availability of advanced ventilator technologies, growth in aging population.What Is The Respiratory Devices And Equipment (Therapeutic) Market Growth Forecast?
The respiratory devices and equipment (therapeutic) market size is expected to see strong growth in the next few years. It will grow to $35.19 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing demand for remote patient monitoring solutions, rising adoption of home-based respiratory care, growing investments in smart medical devices, expansion of telehealth-supported respiratory therapies, increasing focus on early disease management. Major trends in the forecast period include increasing adoption of connected respiratory devices, rising demand for portable and homecare respiratory equipment, growing integration of smart monitoring features, expansion of non-invasive ventilation technologies, enhanced focus on patient-centric device design.Global Respiratory Devices And Equipment (Therapeutic) Market Segmentation
1) By Product: Nebulizers, Humidifiers, Oxygen Concentrators, Positive Airway Pressure Devices, Ventilators, Capnographs, Gas Analyzers 2) By Technology: HEPA Filter, Electrostatic Filtration, Microsphere Separation, Hollow Fiber Filtration, Other Technologies 3) By End-User: Homecare settings, Hospitals Subsegments: 1) By Nebulizers: Pneumatic Nebulizers, Ultrasonic Nebulizers, Mesh Nebulizers 2) By Humidifiers: Bubble Humidifiers, Passover Humidifiers, Evaporative Humidifiers, Hot-Wire Humidifiers 3) By Oxygen Concentrators: Portable Oxygen Concentrators, Stationary Oxygen Concentrators 4) By Positive Airway Pressure Devices: Continuous Positive Airway Pressure (CPAP), Auto-Adjusting Positive Airway Pressure (APAP), Bi-Level Positive Airway Pressure (BiPAP) 5) By Ventilators: Non-invasive Ventilators, Invasive Ventilators, Transport Ventilators, ICU Ventilators 6) By Capnographs: Mainstream Capnographs, Sidestream Capnographs 7) By Gas Analyzers: Oxygen Analyzers, Carbon Dioxide Analyzers, Nitrous Oxide Analyzers, Multi-Gas AnalyzersWhat Is The Driver Of The Respiratory Devices And Equipment (Therapeutic) Market?
The increasing number of smokers is expected to propel the growth of the respiratory devices and equipment (therapeutic) market going forward. Smokers refers to individuals who engage in the act of smoking tobacco products, such as cigarettes, cigars, or pipes. Respiratory devices and equipment (therapeutic) such as inhalers and nebulizers are used by smokers to help manage respiratory diseases such as chronic obstructive pulmonary disease (COPD), chronic bronchitis, and lung cancer. For instance, in March 2024, according to Statistics Canada, the total number of cigarettes sold in Canada was 1.1 billion, which represented a 24.0% decrease compared with March 2023. Therefore, the increasing number of smokers drives the growth of the respiratory devices and equipment (therapeutic) industry.Key Players In The Global Respiratory Devices And Equipment (Therapeutic) Market
Major companies operating in the respiratory devices and equipment (therapeutic) market are Hamilton Medical AG, Koninklijke Philips N.V., Smiths Medical, GE Healthcare, Philips Healthcare, Chart Industries Inc., Invacare Corporation, Fisher & Paykel Healthcare Limited, ResMed Inc., Drägerwerk AG & Co. KGaA, Medtronic plc, Masimo Corporation, CareFusion Corporation, Getinge AB, Hill-Rom Holdings Inc., Becton Dickinson and Company, Air Liquide S.A., Vyaire Medical Inc., Compumedics Limited, Covidien plc, Mindray Medical International Limited, Inogen Inc., Nihon Kohden Corporation, Siemens Healthcare GmbH, Teleflex Incorporated, Breas Medical AB, AirSep Corporation, Rotech Healthcare Inc., 3B Medical Inc.Global Respiratory Devices And Equipment (Therapeutic) Market Trends and Insights
Major companies operating in the respiratory devices and equipment (therapeutic) market are focusing on innovating products, such as the VitaloPFT series, to provide reliable services to customers. The VitaloPFT series is used as respiratory devices and equipment (therapeutic) to diagnose, monitor, and manage patient’s respiratory health in the most efficient and effective way possible. For instance, in March 2023, Vitalograph Ltd., a UK-based manufacturer of respiratory medical devices, launched the VitaloPFT series. The VitaloPFT series is a device designed to deliver advanced respiratory diagnostic solutions to hospitals and other secondary care units that demand complex pulmonary function testing. The VitaloPFT series includes the VitaloROV+, a portable pulmonary function testing (PFT) device that provides accurate point-of-care testing to patients.What Are Latest Mergers And Acquisitions In The Respiratory Devices And Equipment (Therapeutic) Market?
In April 2024, Clario, a US-based healthcare company, acquired ArtiQ for an undisclosed amount. enhances Clario’s Respiratory Solutions by integrating scalable AI technology to improve data quality, streamline clinical trials, and expand global reach, enabling broader applications beyond respiratory care. ArtiQ is a Belgium-based healthcare company dedicated to enhancing the diagnosis and monitoring equipment’s for respiratory conditions.Regional Outlook
Asia-Pacific was the largest region in the respiratory devices and equipment (therapeutic) market in 2025. Western Europe was the second-largest region in the respiratory devices and equipment (therapeutic) market. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, SpainWhat Defines the Respiratory Devices And Equipment (Therapeutic) Market?
The respiratory devices and equipment (therapeutic) market consist of sales of instruments such as nebulizers, oxygen concentrators, positive airway pressure devices, ventilators, inhalers, and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.Respiratory Devices And Equipment (Therapeutic) Market Report Forecast Analysis
| Report Attribute | Details |
|---|---|
| Market Size Value In 2026 | $25.59 billion |
| Revenue Forecast In 2035 | $35.19 billion |
| Growth Rate | CAGR of 8.0% from 2026 to 2035 |
| Base Year For Estimation | 2025 |
| Actual Estimates/Historical Data | 2020-2025 |
| Forecast Period | 2026 - 2030 - 2035 |
| Market Representation | Revenue in USD Billion and CAGR from 2026 to 2035 |
| Segments Covered | Product, Technology, End-User |
| Regional Scope | Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa |
| Country Scope | The countries covered in the report are Australia, Brazil, China, France, Germany, India, ... |
| Key Companies Profiled | Hamilton Medical AG, Koninklijke Philips N.V., Smiths Medical, GE Healthcare, Philips Healthcare, Chart Industries Inc., Invacare Corporation, Fisher & Paykel Healthcare Limited, ResMed Inc., Drägerwerk AG & Co. KGaA, Medtronic plc, Masimo Corporation, CareFusion Corporation, Getinge AB, Hill-Rom Holdings Inc., Becton Dickinson and Company, Air Liquide S.A., Vyaire Medical Inc., Compumedics Limited, Covidien plc, Mindray Medical International Limited, Inogen Inc., Nihon Kohden Corporation, Siemens Healthcare GmbH, Teleflex Incorporated, Breas Medical AB, AirSep Corporation, Rotech Healthcare Inc., 3B Medical Inc. |
| Customization Scope | Request for Customization |
| Pricing And Purchase Options | Explore Purchase Options |
Frequently Asked Questions
The Respiratory Devices And Equipment (Therapeutic) Market Report 2026 market was valued at $23.68 billion in 2025, increased to $25.59 billion in 2026, and is projected to reach $35.19 billion by 2030.
request a sample hereThe expected CAGR for the Respiratory Devices And Equipment (Therapeutic) Market Report 2026 market during the forecast period 2025–2030 is 8.3%.
request a sample hereMajor growth driver of the market includes: Growing Smoker Population Fuels Demand For Therapeutic Respiratory Devices And Equipment in the Respiratory Devices And Equipment (Therapeutic) Market Report 2026 market. For further insights on this market,
request a sample hereThe respiratory devices and equipment (therapeutic) market covered in this report is segmented –
1) By Product: Nebulizers, Humidifiers, Oxygen Concentrators, Positive Airway Pressure Devices, Ventilators, Capnographs, Gas Analyzers
2) By Technology: HEPA Filter, Electrostatic Filtration, Microsphere Separation, Hollow Fiber Filtration, Other Technologies
3) By End-User: Homecare settings, Hospitals Subsegments:
1) By Nebulizers: Pneumatic Nebulizers, Ultrasonic Nebulizers, Mesh Nebulizers
2) By Humidifiers: Bubble Humidifiers, Passover Humidifiers, Evaporative Humidifiers, Hot-Wire Humidifiers
3) By Oxygen Concentrators: Portable Oxygen Concentrators, Stationary Oxygen Concentrators
4) By Positive Airway Pressure Devices: Continuous Positive Airway Pressure (CPAP), Auto-Adjusting Positive Airway Pressure (APAP), Bi-Level Positive Airway Pressure (BiPAP)
5) By Ventilators: Non-invasive Ventilators, Invasive Ventilators, Transport Ventilators, ICU Ventilators
6) By Capnographs: Mainstream Capnographs, Sidestream Capnographs
7) By Gas Analyzers: Oxygen Analyzers, Carbon Dioxide Analyzers, Nitrous Oxide Analyzers, Multi-Gas Analyzers
request a sample here1) By Product: Nebulizers, Humidifiers, Oxygen Concentrators, Positive Airway Pressure Devices, Ventilators, Capnographs, Gas Analyzers
2) By Technology: HEPA Filter, Electrostatic Filtration, Microsphere Separation, Hollow Fiber Filtration, Other Technologies
3) By End-User: Homecare settings, Hospitals Subsegments:
1) By Nebulizers: Pneumatic Nebulizers, Ultrasonic Nebulizers, Mesh Nebulizers
2) By Humidifiers: Bubble Humidifiers, Passover Humidifiers, Evaporative Humidifiers, Hot-Wire Humidifiers
3) By Oxygen Concentrators: Portable Oxygen Concentrators, Stationary Oxygen Concentrators
4) By Positive Airway Pressure Devices: Continuous Positive Airway Pressure (CPAP), Auto-Adjusting Positive Airway Pressure (APAP), Bi-Level Positive Airway Pressure (BiPAP)
5) By Ventilators: Non-invasive Ventilators, Invasive Ventilators, Transport Ventilators, ICU Ventilators
6) By Capnographs: Mainstream Capnographs, Sidestream Capnographs
7) By Gas Analyzers: Oxygen Analyzers, Carbon Dioxide Analyzers, Nitrous Oxide Analyzers, Multi-Gas Analyzers
Major trend in this market includes: Advancements In The Respiratory Devices And Equipment For further insights on this market,
request a sample hereMajor companies operating in the Respiratory Devices And Equipment (Therapeutic) Market Report 2026 market are Major companies operating in the respiratory devices and equipment (therapeutic) market are Hamilton Medical AG, Koninklijke Philips N.V., Smiths Medical, GE Healthcare, Philips Healthcare, Chart Industries Inc., Invacare Corporation, Fisher & Paykel Healthcare Limited, ResMed Inc., Drägerwerk AG & Co. KGaA, Medtronic plc, Masimo Corporation, CareFusion Corporation, Getinge AB, Hill-Rom Holdings Inc., Becton Dickinson and Company, Air Liquide S.A., Vyaire Medical Inc., Compumedics Limited, Covidien plc, Mindray Medical International Limited, Inogen Inc., Nihon Kohden Corporation, Siemens Healthcare GmbH, Teleflex Incorporated, Breas Medical AB, AirSep Corporation, Rotech Healthcare Inc., 3B Medical Inc.
request a sample hereAsia-Pacific was the largest region in the respiratory devices and equipment (therapeutic) market in 2025. Western Europe was the second-largest region in the respiratory devices and equipment (therapeutic) market. The regions covered in the respiratory devices and equipment (therapeutic) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
request a sample here