Therapeutic Respiratory Devices Market Size, Share & Trends Analysis Report By Product Type (Nebulizer, Humidifiers, Oxygen Concentrators), By Technology, By Filters, By Region- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

The global therapeutic respiratory devices market size was exhibited at USD 20.05 billion in 2022 and is projected to hit around USD 36.29 billion by 2032, growing at a CAGR of 4.02% during the forecast period 2023 to 2032.

Therapeutic Respiratory Devices Market

Key Pointers:

  • North America dominated the market in 2022 with over 31.1% share
  • With a revenue share of over 45.0% in 2022 and an anticipated continuation of this dominance throughout the forecast period,
  • Capnographs, on the other hand, are anticipated to have rapid growth over the forecast period at a CAGR of over 8.6%.
  • With over 36.0% revenue share in 2022, the HEPA filter segment led the market. 
  • The market for humidifier filters is expected to witness the fastest CAGR of 7.2% over the forecast period.
  • The ventilator filter market, accounting for over 24.15% of revenue share in 2022. 

Therapeutic Respiratory Devices Market Report Scope

Report Coverage Details
Market Size in 2023 USD 21.28 Billion
Market Size by 2032 USD 36.29 Billion
Growth Rate From 2023 to 2032 CAGR of 4.02%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Product type, Technology, Filter
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Regional Scope North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa
Key Companies Profiled GE Healthcare; Koninklijke Philips N.V.; ICU Medical (Smiths Medical); Invacare Corporation; Medtronic; Fisher & Paykel Healthcare; ResMed; Linde; Mindray; Chart Industries; Drägerwerk AG & Co. KGaA; DeVilbiss Healthcare

 

Therapeutic respiratory devices are primarily used in therapeutics for improvising pulmonary functionalities by clearing the airway, enhancing lung oxygen intake capacities and providing assistance for mucous removal from bronchi during respiratory therapeutics treatment. These respiratory devices are also utilized for assistance in the treatment of various chronic ailments associated with respiratory malfunction. These ailments include the likes of chronic obstructive pulmonary disease (COPD), bronchitis, sleep disorders, asthma and other chronic diseases. Availability of these devices in the market include variable types with slight difference in the application purpose such as long-term respiratory devices used mainly for intensive care, mobile home respiratory devices to be applied in homecare settings and portable respiratory devices to be utilized during emergency for providing point of care assistance. Owing to wide variety of application, these equipment are also implemented if facilitating and improvising respiratory function in infants during post natal care, specifically among the preterm births, post-partum complications and associated conditions.

The increasing patient pool owing to the rising prevalence of chronic disorders causing disturbance in the normal functioning of respiration will be a key driver for the development of therapeutic respiratory devices business growth. According to the Forum of International Respiratory Societies (FIRS) research, approximately, the number of people suffering from sleep breathing disorders in around 100 million, those suffering with asthma is over 235 million people and the number of people diagnosed with COPD reportedly is around 200 million. Factors such as high levels of air pollution, exposures to various toxic chemicals and gases, chain smoking of tobacco causing obstruction of the airway passage for responsible for rising prevalence of respiratory infections in developing as well of developed regions. These factors would ensure the growth of this therapeutic respiratory devices market in the near future.

Some of the prominent players in the Therapeutic Respiratory Devices Market include:

  • GE Healthcare
  • Koninklijke Philips N.V.
  • ICU Medical (Smiths Medical)
  • Invacare Corporation
  • Medtronic
  • Fisher & Paykel Healthcare
  • ResMed
  • Linde
  • Mindray
  • Chart Industries
  • Drägerwerk AG & Co. KGaA
  • DeVilbiss Healthcare

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Therapeutic Respiratory Devices market.

By Product Type 

  • Nebulizers
    • Compressor-based Nebulizers
    • Piston based handheld nebulizer
    • Ultrasonic Nebulizer
    • Humidifiers
  • Heated Humidifiers
    • Passover Humidifiers
    • Integrated Humidifiers
    • Built-In Humidifiers
    • Stand-alone Humidifiers
  • Oxygen Concentrators
    • Fixed Oxygen Concentrators
    • Portable Oxygen Concentrators
  • Positive Airway Pressure Devices
    • Continuous Positive Airway Pressure Devices
    • Auto-titrating Positive Airway Pressure Devices
    • Bi-level Positive Airway Pressure Devices
  • Ventilators
    • Adult Ventilators
    • Neonatal Ventilators
  • Capnographs
  • Gas Analyzers

By Technology 

  • Electrostatic Filtration
  • HEPA Filter Technology
  • Hollow Fiber Filtration
  • Microsphere Separation

By Filter 

  • Nebulizer filters
    • Inlet filter
    • Replacement filter
    • Cabinet filter
  • Humidifier filters
    • Wick filters
    • Permanent cleanable filters
    • Mineral absorption pads
    • Demineralization cartridges
  • Positive airway pressure devices filter
    • Ultra-fine foam inlet filters
    • Polyester non-woven fiber filters
    • Acrylic & Polypropylene fiber filters
  • Oxygen concentrator filters
    • HEPA Filter
    • Cabinet Filter
    • Pre-Inlet Filter
    • Inlet Filter
    • Micro Disk Filter
    • Felt Intake Filter
    • Bacterial Filter
    • Hollow-membrane Filter
  • Ventilator filters
    • Mechanical filters
      • HEPA Filters
      • ULPA Filters
      • Activated Carbon Filters
    • Electrostatic filters
      • Tribocharged Filters
      • Fibrillated Filters

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Frequently Asked Questions

The global therapeutic respiratory devices market size was exhibited at USD 20.05 billion in 2022 and is projected to hit around USD 36.29 billion by 2032

Some key players operating in the therapeutic respiratory devices market include GE Healthcare; Koninklijke Philips N.V.; ICU Medical (Smiths Medical); Invacare Corporation; Medtronic; Fisher & Paykel Healthcare; ResMed; Linde; Mindray; Chart Industries; Drägerwerk AG & Co. KGaA; DeVilbiss Healthcare

Key factors that are driving the therapeutic respiratory devices market growth include the rising prevalence of respiratory diseases & growing geriatric population, the launch of new-generation products, and supportive initiatives by government and private organizations

Chapter 1 Research Methodology & Scope
                   1.1 Market Segmentation & Scope
                       1.1.1 Estimates & Forecast Timeline
                   1.2 Research Methodology
                   1.3 Information Procurement
                       1.3.1 Purchased database:
                       1.3.2 Nova One Advisor Internal Database
                       1.3.3 Secondary sources
                       1.3.4 Primary Research:
                       1.3.5 Details of Primary Research
                   1.4 Information or Data Analysis
                       1.4.1 Data Analysis Models
                   1.5 Market Formulation & Validation
                   1.6 Model Details
                       1.6.1 Commodity Flow Analysis
                       1.6.2 Top down Market estimation
                       1.6.3 Region based segment share calculation
                       1.6.4 Bottom-Up and Hybrid model estimation
                       1.6.5 Global Market: CAGR Calculation
                   1.7 List of Secondary Sources
                   1.8 Objectives
                       1.8.1 Objective 1:
                       1.8.2 Objective 2:
Chapter 2 Executive Summary
                   2.1 Market Snapshot
                   2.2 Segment Snapshot
                       2.2.1 Product & Technology Segment Snapshot
                       2.2.2 Filters Segment Snapshot
                   2.3 Competitive Landscape Snapshot
Chapter 3 Therapeutic Respiratory Devices Market: Market Variables Trends & Scope
                   3.1 Penetration & Growth Prospect Mapping By Product, 2023
                   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 recall & failure
                           3.2.2.2 Complex regulatory framework around the oxygen concentrator Market
                           3.2.2.3 Overstocking of devices due to Covid-19
                       3.2.3 Key opportunities Prioritized
                           3.2.3.1 Growing demand for home care therapeutic respiratory devices
                   3.3 Industry Analysis - Porter’s
                       3.3.1 Bargaining power of Suppliers: Low
                       3.3.2 Bargaining Power Of Buyers: Moderate To High
                       3.3.3 Threat Of Substitutes: Moderate To High
                       3.3.4 Threat Of New Entrants: Moderate
                       3.3.5 Industry Rivalry: High
                   3.4 Industry Analysis - Pestle
                       3.4.1 Political & Legal Landscape
                       3.4.2 Economic Landscape
                       3.4.3 Social Landscape
                       3.4.4 Technological Landscape
                       3.4.5 Environmental Landscape
                   3.5 Therapeutic Respiratory Devices Market: Covid-19 Impact Analysis
                       3.5.1 Current Impact Analysis
                       3.5.2 Future Impact Analysis
                       3.5.3 COVID-19 Impact on Notable Market Players
                           3.5.3.1 Philips N.V.
                           3.5.3.2 Fisher & Paykel Healthcare
                           3.5.3.3 GE Healthcare
                           3.5.3.4 Medtronic
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 Nebulizers Market estimates and forecasts, 2020 - 2032
                       4.3.2 Compressor-Based Nebulizers
                           4.3.2.1 Compressor-based nebulizers Market estimates and forecasts, 2020 - 2032
                       4.3.3 Piston-based hand-held nebulizers
                           4.3.3.1 Piston-based hand-held nebulizers Market estimates and forecasts, 2020 - 2032
                       4.3.4 Ultrasonic nebulizers
                           4.3.4.1 Ultrasonic nebulizers Market estimates and forecasts, 2020 - 2032
                   4.4 Humidifiers
                       4.4.1 Humidifiers Market estimates and forecasts, 2020 - 2032
                       4.4.2 Heated humidifiers
                           4.4.2.1 Heated humidifiers Market estimates and forecasts, 2020 - 2032
                       4.4.3 Passover Humidifiers
                           4.4.3.1 Passover Humidifiers Market estimates and forecasts, 2020 - 2032
                       4.4.4 Integrated humidifiers
                           4.4.4.1 Integrated humidifiers Market estimates and forecasts, 2020 - 2032
                       4.4.5 Built-in humidifiers
                           4.4.5.1 Built-in humidifiers Market estimates and forecasts, 2020 - 2032
                       4.4.6 Stand-alone humidifiers
                           4.4.6.1 Stand-alone humidifiers Market estimates and forecasts, 2020 - 2032
                   4.5 Oxygen concentrators
                       4.5.1 Oxygen concentrators Market estimates and forecasts, 2020 - 2032
                       4.5.2 Fixed oxygen concentrators
                           4.5.2.1 Fixed oxygen concentrators Market estimates and forecasts, 2020 - 2032
                       4.5.3 Portable oxygen concentrators
                           4.5.3.1 Portable oxygen concentrators Market estimates and forecasts, 2020 - 2032
                   4.6 Positive airway pressure devices
                       4.6.1 Positive airway pressure devices Market estimates and forecasts, 2020 - 2032
                       4.6.2 Continuous Positive Airway Pressure Devices
                           4.6.2.1 Continuous positive airway pressure devices Market estimates and forecasts, 2020 - 2032
                       4.6.3 Auto-titrating Positive Airway Pressure Devices
                           4.6.3.1 Auto-titrating positive airway pressure devices Market estimates and forecasts, 2020 - 2032
                       4.6.4 Bi-level positive airway pressure devices
                           4.6.4.1 Bi-level positive airway pressure devices Market estimates and forecasts, 2020 - 2032
                   4.7 Ventilators
                           4.7.1.1 Ventilators Market estimates and forecasts, 2020 - 2032
                       4.7.2 Adult ventilators
                           4.7.2.1 Adult ventilators Market estimates and forecasts, 2020 - 2032
                       4.7.3 Neonatal ventilators
                           4.7.3.1 Neonatal ventilators Market estimates and forecasts, 2020 - 2032
                   4.8 Gas Analyzers
                       4.8.1 Gas analyzers Market estimates and forecasts, 2020 - 2032
                   4.9 Capnographs
                       4.9.1 Capnographs Market estimates and forecasts, 2020 - 2032
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, 2020 - 2032
                   5.4 HEPA filter technology
                       5.4.1 HEPA filter technology Market estimates and forecasts, 2020 - 2032
                   5.5 Hollow fiber filtration
                       5.5.1 Hollow fiber filtration Market estimates and forecasts, 2020 - 2032
                   5.6 Microsphere separation
                       5.6.1 Microsphere separation Market estimates and forecasts, 2020 - 2032
Chapter 6 Therapeutic Respiratory Devices Market: Filters Analysis
                   6.1 Filters Business Analysis
                   6.2 Therapeutic Respiratory Devices Market: Filters movement analysis
                   6.3 Nebulizer filters
                       6.3.1 Nebulizer filters Market estimates and forecasts, 2020 - 2032
                       6.3.2 Inlet filters
                           6.3.2.1 Inlet filters Market estimates and forecasts, 2020 - 2032
                       6.3.3 Replacement filters
                           6.3.3.1 Replacement filters Market estimates and forecasts, 2020 - 2032
                       6.3.4 Cabinet filters
                           6.3.4.1 Cabinet filters Market estimates and forecasts, 2020 - 2032
                   6.4 Humidifier filters
                       6.4.1 Humidifier filters Market estimates and forecasts, 2020 - 2032
                       6.4.2 Wick filters
                           6.4.2.1 Wick filters Market estimates and forecasts, 2020 - 2032
                       6.4.3 Permanent cleanable filters
                           6.4.3.1 Permanent cleanable filters Market estimates and forecasts, 2020 - 2032
                       6.4.4 Mineral absorption pads
                           6.4.4.1 Mineral absorption pads Market estimates and forecasts, 2020 - 2032
                       6.4.5 Demineralization cartridges
                           6.4.5.1 Demineralization cartridges Market estimates and forecasts, 2020 - 2032
                   6.5 Positive Airway Pressure Device filters
                       6.5.1 Positive airway pressure device filters Market estimates and forecasts, 2020 - 2032
                       6.5.2 Ultra fine foam inlet filters
                           6.5.2.1 Ultra fine foam inlet filters Market estimates and forecasts, 2020 - 2032
                       6.5.3 Polyester non-woven fiber filters
                           6.5.3.1 Polyester non-woven fiber filters Market estimates and forecasts, 2020 - 2032
                       6.5.4 Acrylic & polypropylene fiber filter
                           6.5.4.1 Acrylic & polypropylene fiber filter Market estimates and forecasts, 2020 - 2032
                   6.6 Oxygen concentrators filters
                       6.6.1 Oxygen concentrators filters Market estimates and forecasts, 2020 - 2032
                       6.6.2 HEPA filters
                           6.6.2.1 HEPA filters Market estimates and forecasts, 2020 - 2032
                       6.6.3 Cabinet filters
                           6.6.3.1 Cabinet filters Market estimates and forecasts, 2020 - 2032
                       6.6.4 Pre-inlet filters
                           6.6.4.1 Pre-inlet filters Market estimates and forecasts, 2020 - 2032
                       6.6.5 Inlet filters
                           6.6.5.1 Inlet filters Market estimates and forecasts, 2020 - 2032
                       6.6.6 Micro disk filters
                           6.6.6.1 Micro disk filters Market estimates and forecasts, 2020 - 2032
                       6.6.7 Felt intake filters
                           6.6.7.1 Felt intake filters Market estimates and forecasts, 2020 - 2032
                       6.6.8 Bacterial filters
                           6.6.8.1 Bacterial filters Market estimates and forecasts, 2020 - 2032
                       6.6.9 Hollow membrane filters
                           6.6.9.1 Hollow membrane filters Market estimates and forecasts, 2020 - 2032
                   6.7 Ventilator filters
                       6.7.1 Nebulizer filters Ventilator filters Market estimates and forecasts, 2020 - 2032
                       6.7.2 Mechanical filters
                           6.7.2.1 Mechanical filters Market estimates and forecasts, 2020 - 2032
                           6.7.2.2 HEPA filters
                               6.7.2.2.1 HEPA filters Market estimates and forecasts, 2020 - 2032
                           6.7.2.3 ULPA filters
                               6.7.2.3.1 ULPA filters Market estimates and forecasts, 2020 - 2032
                           6.7.2.4 Activated carbon filters
                               6.7.2.4.1 Activated carbon filters Market estimates and forecasts, 2020 - 2032
                       6.7.3 Electrostatic filters
                           6.7.3.1 Electrostatic filters Market estimates and forecasts, 2020 - 2032
                           6.7.3.2 Tribocharged filters
                               6.7.3.2.1 Tribocharged filters Market estimates and forecasts, 2020 - 2032
                           6.7.3.3 Fibrillated filters
                               6.7.3.3.1 Fibrillated filters Market estimates and forecasts, 2020 - 2032
Chapter 7 Therapeutic Respiratory Devices Market: Regional Market Analysis, By Product Type, By Technology, and By Filters 2020 - 2032
                   7.1 Regional Market Share Analysis, 2021 & 2032
                   7.2 Regional Market Snapshot
                   7.3 North America
                       7.3.1 North America Therapeutic Respiratory Devices Market estimates and forecasts by countries, 2020 - 2032
                       7.3.2 U.S.
                           7.3.2.1 U.S. Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.3.3 Canada
                           7.3.3.1 Canada Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                   7.4 Europe
                       7.4.1 Europe Therapeutic Respiratory Devices Market estimates and forecasts by countries, 2020 - 2032
                       7.4.2 Switzerland
                           7.4.2.1 Switzerland Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.4.3 Germany
                           7.4.3.1 Germany Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.4.4 France
                           7.4.4.1 France Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.4.5 Spain
                           7.4.5.1 Spain Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.4.6 Italy
                           7.4.6.1 Italy Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                   7.5 Asia Pacific
                       7.5.1 Asia Pacific Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.5.2 Japan
                           7.5.2.1 Japan Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.5.3 China
                           7.5.3.1 China Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.5.4 India
                           7.5.4.1 India Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                   7.6 Latin America
                       7.6.1 Latin America Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.6.2 Brazil
                           7.6.2.1 Brazil Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                       7.6.3 Mexico
                           7.6.3.1 mexico Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
                   7.7 MEA
                       7.7.1 MEA Therapeutic Respiratory Devices Market estimates and forecasts by countries, 2020 - 2032
                       7.7.2 South Africa
                           7.7.2.1 South Africa Therapeutic Respiratory Devices Market estimates and forecasts, 2020 - 2032
Chapter 8 Therapeutic Respiratory Devices Market - Competitive Analysis
                   8.1 GE Healthcare
                       8.1.1 Company Overview
                       8.1.2 Financial Performance
                       8.1.3 Product Benchmarking
                       8.1.4 Strategic Initiatives
                   8.2 Koninklijke Philips N.V.
                       8.2.1 Company Overview
                       8.2.2 Financial Performance
                       8.2.3 Product Benchmarking
                       8.2.4 Strategic Initiatives
                   8.3 ICU Medical (Smiths Medical)
                       8.3.1 Company Overview
                       8.3.2 Financial Performance
                       8.3.3 Product Benchmarking
                       8.3.4 Strategic Initiatives
                   8.4 Invacare Corporation
                       8.4.1 Company Overview
                       8.4.2 Financial Performance
                       8.4.3 Product Benchmarking
                       8.4.4 Strategic Initiatives
                   8.5 Medtronic
                       8.5.1 Company Overview
                       8.5.2 Financial Performance
                       8.5.3 Product Benchmarking
                       8.5.4 Strategic Initiatives
                   8.6 Fisher & Paykel Healthcare
                       8.6.1 Company Overview
                       8.6.2 Financial Performance
                       8.6.3 Product Benchmarking
                       8.6.4 Strategic Initiatives
                   8.7 ResMed
                       8.7.1 Company Overview
                       8.7.2 Financial Performance
                       8.7.3 Product Benchmarking
                       8.7.4 Strategic Initiatives
                   8.8 CAIRE Inc. (NGK SPARK PLUG CO., LTD.)
                       8.8.1 Company Overview
                       8.8.2 Product Benchmarking
                       8.8.3 Strategic Initiatives
                   8.9 Linde
                       8.9.1 Company Overview
                       8.9.2 Financial Performance
                       8.9.3 Product Benchmarking
                       8.9.4 Strategic Initiatives
                   8.10 Mindray
                       8.10.1 Company Overview
                       8.10.2 Financial Performance
                       8.10.3 Product Benchmarking
                       8.10.4 Strategic Initiatives
                   8.11 Chart Industries
                       8.11.1 Company Overview
                       8.11.2 Financial Performance
                       8.11.3 Product Benchmarking
                       8.11.4 Strategic Initiatives
                   8.12 Drägerwerk AG & Co. KGaA
                       8.12.1 Company Overview
                       8.12.2 Financial Performance
                       8.12.3 Product Benchmarking
                       8.12.4 Strategic Initiatives
                   8.13 DeVilbiss Healthcare
                       8.13.1 Company Overview
                       8.13.2 Product Benchmarking
                       8.13.3 Strategic Initiatives
                   8.14 Market Participation Categorization
                   8.15 Public Companies
                       8.15.1 Company Market position analysis - Heat Map Analysis (oxygen Concentrator)
                   8.16 Private Companies
                       8.16.1 Company Market position analysis - Heat Map Analysis (oxygen Concentrator)

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