Respiratory Care Devices Market to Reach USD 49.0 Billion by 2033 at 7.8% CAGR

Trishita Deb
Trishita Deb

Updated · Feb 10, 2026

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Overview

New York, NY – Feb 10, 2026 – The Global Respiratory Care Devices Market size is expected to be worth around USD 49.0 billion by 2033 from USD 23.1 billion in 2023, growing at a CAGR of 7.8% during the forecast period 2024 to 2033.

The global respiratory care devices market is experiencing steady expansion, supported by the increasing prevalence of chronic respiratory diseases and growing demand for advanced medical technologies. Respiratory care devices are used for the diagnosis, monitoring, and treatment of respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma, sleep apnea, and acute respiratory infections.

The growth of the market can be attributed to the rising geriatric population, higher exposure to air pollution, and increased incidence of smoking-related lung diseases. In addition, technological advancements in non-invasive ventilation, oxygen therapy equipment, and monitoring devices have improved patient outcomes and expanded clinical adoption across hospitals, homecare settings, and emergency care facilities.

Healthcare systems worldwide are placing greater emphasis on early diagnosis and long-term disease management, which has increased the use of respiratory care solutions. The shift toward home-based care has further supported demand for portable and user-friendly respiratory devices, particularly oxygen concentrators and sleep apnea treatment systems.

From a regional perspective, developed markets continue to account for a significant share due to advanced healthcare infrastructure and higher awareness levels. Meanwhile, emerging economies are witnessing gradual growth, supported by improving access to healthcare services and rising healthcare expenditure.

Overall, the respiratory care devices market is expected to maintain stable growth, supported by clinical need, technological innovation, and expanding healthcare coverage, positioning the industry as a critical component of modern respiratory disease management.

Respiratory Care Devices Market Size

Key Takeaways

  • In 2023, the respiratory care devices market recorded a revenue of USD 23.1 billion and is projected to grow at a CAGR of 7.8%, reaching USD 49.0 billion by 2033.
  • By product type, the market includes mechanical ventilators, respiratory consumables, oxygen concentrators, positive airway pressure devices, nebulizers, polysomnography devices, pulse oximeters, and spirometers. Oxygen concentrators dominated the segment in 2023, accounting for a market share of 33.5%.
  • Based on application, the market is segmented into chronic obstructive pulmonary disease, acute respiratory infections, asthma, and others. Chronic obstructive pulmonary disease represented the largest share, contributing 40% of the total market.
  • In terms of end users, the market is categorized into hospitals, clinics, ambulatory surgical centers, and others. Hospitals emerged as the leading end-user segment, capturing the highest revenue share of 47.5%.
  • Regionally, North America held the leading position in the global respiratory care devices market, accounting for a market share of 39.6% in 2023.

Regional Analysis

North America Leads the Respiratory Care Devices Market
North America accounted for the largest revenue share of 39.6% in the respiratory care devices market, supported by the high prevalence of chronic respiratory diseases and continuous advancements in healthcare technologies. As reported by the American Lung Association in February 2023, more than 34 million people in the United States are affected by chronic lung conditions such as chronic obstructive pulmonary disease (COPD), asthma, chronic bronchitis, and emphysema.

The substantial disease burden has increased the demand for advanced respiratory care solutions across clinical and homecare settings. Market growth in the region is further supported by improved awareness and early diagnosis of respiratory disorders, ongoing technological innovations in respiratory devices, and expanded healthcare coverage that improves patient access to treatment. In addition, rising healthcare expenditure and the introduction of technologically advanced respiratory care equipment continue to strengthen market expansion.

Asia Pacific Expected to Register the Fastest Growth Rate
The Asia Pacific respiratory care devices market is projected to register the highest CAGR during the forecast period. Market growth is driven by the increasing prevalence of respiratory diseases, expanding healthcare infrastructure, and rising adoption of advanced medical technologies. The selection of CANTA oxygen concentrators by the Bolivian government in November 2022 for deployment in La Paz reflects the growing global demand for reliable and high-quality respiratory equipment.

Government initiatives to enhance healthcare quality, coupled with improved access to innovative respiratory solutions, are expected to further accelerate market growth. Moreover, the export of CANTA Medical products to more than 120 countries highlights the expanding influence of the Asia Pacific region in the global respiratory care devices market.

Emerging Trends

  • Strengthening of Performance and Safety Standards: Regulatory authorities are placing greater emphasis on safety, accuracy, and consistency of respiratory devices. In January 2025, the FDA released draft guidance outlining standardized non-clinical and clinical performance testing requirements for pulse oximeters, addressing accuracy concerns across diverse patient populations.
  • Expansion of Global Oxygen Equipment Availability: International health organizations have significantly increased the supply of oxygen equipment worldwide. By February 2021, WHO and its partners had distributed more than 30,000 oxygen concentrators and 40,000 pulse oximeters across 121 countries, including fragile healthcare systems, to mitigate oxygen shortages.
  • Integration of Artificial Intelligence in Respiratory Monitoring: Artificial intelligence is increasingly embedded in respiratory monitoring devices. The FDA’s updated AI-enabled medical device list now includes several respiratory systems utilizing AI algorithms for signal processing, predictive alerts, and real-time clinical decision support.
  • Advancements in Non-Invasive Ventilation Technologies: Regulatory recognition of advanced non-invasive ventilation continues to grow. In June 2025, the FDA adopted ISO 80601-2-12 standards for high-flow nasal cannula devices, highlighting improved safety and performance requirements for respiratory support outside intensive care settings.
  • Improved Access in Remote and Low-Resource Settings: Persistent gaps in oxygen availability have driven efforts to improve accessibility. Surveys indicate limited oxygen infrastructure in low-resource regions, prompting deployment of portable oxygen concentrators and simplified delivery systems designed for facilities with constrained power and infrastructure.

Use Cases

  • Home-Based Management of Chronic Respiratory Diseases: Respiratory care devices support home management of chronic conditions such as COPD and asthma. Home oxygen concentrators and smart inhalers enable symptom control, adherence tracking, and remote monitoring, contributing to reduced hospital admissions and improved quality of life.
  • Acute Respiratory Support in Hospital Settings: Mechanical ventilators and high-flow oxygen systems remain essential in critical care. During the COVID-19 pandemic, Emergency Use Authorizations expanded ventilator availability, enabling hospitals to manage severe respiratory distress in large patient populations.
  • Sleep Apnea Therapy: Continuous Positive Airway Pressure devices are widely used for obstructive sleep apnea treatment. CPAP therapy maintains airway patency during sleep and is routinely prescribed in both clinical and homecare environments.
  • Emergency and Pre-Hospital Care: Portable ventilators and oxygen delivery systems are standard equipment in emergency medical services. These devices support pre-hospital stabilization of patients experiencing respiratory failure or trauma-related breathing complications.
  • Remote Patient Monitoring and Telehealth Integration: Pulse oximeters and connected monitoring platforms enable continuous tracking of oxygen saturation and respiratory rates. Integration with telehealth services allows clinicians to adjust treatment plans using real-time, home-generated respiratory data.

Frequently Asked Questions on Respiratory Care Devices

  • What are the most commonly used respiratory care devices?
    Common respiratory care devices include oxygen concentrators, mechanical ventilators, nebulizers, positive airway pressure devices, pulse oximeters, and spirometers. These devices are widely used across hospitals, clinics, and homecare environments.
  • What conditions are treated using respiratory care devices?
    Respiratory care devices are used to manage conditions such as chronic obstructive pulmonary disease, asthma, acute respiratory infections, sleep apnea, and other pulmonary disorders that require oxygen therapy or assisted ventilation.
  • What factors are driving the growth of the respiratory care devices market?
    Market growth is driven by rising respiratory disease prevalence, aging populations, increasing air pollution, technological advancements in medical devices, and growing adoption of home-based respiratory care solutions worldwide.
  • Which end users dominate the respiratory care devices market?
    Hospitals dominate the respiratory care devices market due to higher patient inflow, availability of advanced infrastructure, and increased use of ventilators and monitoring systems for critical and emergency respiratory care.
  • Why is homecare becoming an important segment in this market?
    Homecare is gaining importance due to the demand for long-term respiratory support, cost-effective treatment options, and the availability of portable, user-friendly devices that allow patients to manage conditions outside hospital settings.
  • Which region leads the respiratory care devices market?
    North America leads the market due to high awareness of respiratory diseases, advanced healthcare infrastructure, strong reimbursement policies, and widespread adoption of technologically advanced respiratory care equipment.
  • What is the future outlook for the respiratory care devices market?
    The market is expected to grow steadily, supported by innovation in device technology, expanding healthcare access in emerging economies, and increasing emphasis on early diagnosis and long-term management of respiratory diseases.

Conclusion

The global respiratory care devices market is positioned for sustained and stable growth, driven by the rising burden of chronic respiratory diseases, aging populations, and increasing exposure to environmental risk factors. Continuous technological advancements in non-invasive ventilation, oxygen therapy, and remote monitoring have improved clinical outcomes and expanded adoption across hospital and homecare settings.

Strong demand in developed regions, combined with improving healthcare access in emerging economies, supports long-term market expansion. Overall, the market remains a vital component of modern healthcare systems, addressing critical needs in respiratory disease diagnosis, treatment, and long-term management worldwide.

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Trishita Deb

Trishita Deb

Trishita has more than 8+ years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.

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