A new report by The Insight Partners reveals that the global Respiratory Medical Device Professional Market is projected to grow at a CAGR of 7.7% between 2025 and 2031. The report lays out key drivers, trends, and opportunities that are likely to shape the market over the forecast period.
Key Findings:
- The report segments the market by product (Therapeutic Devices; Diagnostic & Monitoring Devices; Disposables), end use (Hospitals; Home Care), and geography (North America; Europe; Asia-Pacific; South & Central America).
- Major growth drivers include:
- An increasingly aging global population, which raises prevalence of chronic respiratory conditions like COPD and asthma.
- Rising air pollution in urban and industrial areas, contributing to respiratory ailments and increasing demand for both preventive and therapeutic devices.
- Rapid technological advancements, including the integration of AI, IoT, and machine learning into device design—facilitating real‐time monitoring, personalization, and better patient adherence.
• Shift toward home-based respiratory care, including CPAP machines, nebulizers, and other portable therapeutic devices.
• Increasing demand for portable devices and wearable / lightweight equipment that enable mobility.
• Proliferation of smart inhalers and connected devices that allow remote monitoring, adherence tracking, and therapy adjustments.
Opportunities:
- Manufacturers have a significant opportunity in emerging & developing markets, especially regions in Asia‑Pacific, South & Central America, where healthcare infrastructure is improving and awareness of respiratory disease is growing.
- Potential for personalized respiratory therapy, leveraging genomics and precision medicine, tailoring devices and therapies to individual patient profiles.
- Strong scope for integrating telemedicine and remote monitoring, especially in home use, to both improve outcomes and reduce hospital burden.
Top Players:
According to the report, among the major companies operating in the respiratory medical device professional market are:
- Masimo Corporation
- Teleflex Incorporated
- Fisher & Paykel Healthcare Limited
- ResMed Inc.
- Hamilton Medical AG
- Medtronic Plc
- Koninklijke Philips N.V.
- Smiths Medical
- General Electric Healthcare Limited
Regional Insights:
- North America holds the highest revenue share in the market.
- Asia‑Pacific is expected to register the highest CAGR over the forecast period, driven by rising pollution, growing respiratory disease burden, and improvements in healthcare access and infrastructure.
About The Insight Partners Report:
- Historical data from 2021‑2023; 2024 is the base year.
- Forecast period: 2025 through 2031.
- Full scope covers market values (USD) across all product / end use / regional segments.
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About The Insight Partners:
is a global market research firm that provides forecasting, trend analysis, and market strategy intelligence across technology, healthcare, and other industries. Their reports help businesses, investors, and regulatory bodies make informed decisions based on current and emerging market trends.
Contact Information:
The Insight Partners
Email: sales@theinsightpartners.com
Phone: (US) +1‑646‑491‑9876