Global Therapeutic Respiratory Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Ventilators, Nebulizers, Oxygen Therapy Devices, and Positive Airway Pressure Devices

By Filter;

Nebulizer Filter, Humidifier Filter, Positive Airway Pressure Devices Filter, Oxygen Concentrator Filter, and Ventilator Filter

By End User;

Electrostatic Filtration, HEPA Filter Technology, Hollow Fiber Filtration, and Microsphere Separation

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn135926284 Published Date: May, 2025 Updated Date: June, 2025

Therapeutic Respiratory Devices Market Overview

Therapeutic Respiratory Devices Market (USD Million)

Therapeutic Respiratory Devices Market was valued at USD 15,483.67 million in the year 2024. The size of this market is expected to increase to USD 23,451.37 million by the year 2031, while respiratory devices market mordor growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Global Therapeutic Respiratory Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 15,483.67 Million
Market Size (2031)USD 23,451.37 Million
Market ConcentrationMedium
Report Pages386
15,483.67
2024
23,451.37
2031

Major Players

  • CareFusion Corporation
  • GE Healthcare
  • Airsep Corporation
  • Philips Healthcare
  • Compumedics Ltd.
  • Smiths Medical
  • Covidien Plc
  • Invacare
  • Fisher and Paykel
  • Mindray

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Therapeutic Respiratory Devices Market

Fragmented - Highly competitive market without dominant players


The therapeutic respiratory devices market is witnessing steady growth, primarily driven by the increasing burden of chronic respiratory disorders like COPD, asthma, and sleep apnea. As over 60% of affected individuals require consistent respiratory support, demand for effective and reliable devices continues to escalate. Rising exposure to airborne pollutants and poor indoor air quality further compounds the issue, making therapeutic devices an essential part of long-term respiratory care.

Shift Toward Preventive Respiratory Management
There is a notable shift in preference toward preventive therapies and maintenance solutions, with 50% of individuals managing chronic conditions through regular therapeutic intervention. This change is fueling interest in devices designed for ongoing support rather than short-term relief. As healthcare models evolve to focus more on proactive care, the demand for continuous-use respiratory devices is growing rapidly.

Growing Support from Healthcare Ecosystems
Rising investments from both public and private sectors in respiratory care infrastructure are making devices more accessible and affordable. Meanwhile, awareness campaigns are helping patients recognize early symptoms, leading to 45% of users now opting for timely intervention. These combined efforts are broadening market penetration and reinforcing the role of therapeutic devices in everyday respiratory management.

Expanding Role in Recovery and Rehabilitation
The application of therapeutic respiratory devices is extending into post-acute recovery settings, with nearly 35% of patients requiring support during rehabilitation from surgeries or respiratory infections. These devices play a critical role in improving recovery outcomes, enhancing patient comfort, and reducing hospital readmissions. Their adaptability across diverse healthcare environments continues to support market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Filters
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Therapeutic Respiratory Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising prevalence of chronic respiratory diseases
        2. Growing demand for home respiratory therapies
        3. Increasing elderly population with breathing disorders
        4. Advancements in non-invasive ventilation technologies
      2. Restraints
        1. High cost of advanced respiratory devices
        2. Limited reimbursement in developing healthcare systems
        3. Device-related complications and patient discomfort
        4. Lack of awareness in rural populations
      3. Opportunities
        1. Integration of AI in respiratory diagnostics
        2. Expansion in tele-respiratory health solutions
        3. Growth in pediatric respiratory care innovations
        4. Adoption in emerging low-resource healthcare markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Therapeutic Respiratory Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Ventilators
      2. Nebulizers
      3. Oxygen Therapy Devices
      4. Positive Airway Pressure Devices
    2. Therapeutic Respiratory Devices Market, By Filters, 2021 - 2031 (USD Million)
      1. Nebulizer Filter
      2. Humidifier Filter
      3. Positive Airway Pressure Devices Filter
      4. Oxygen Concentrator Filter
      5. Ventilator Filter
    3. Therapeutic Respiratory Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Electrostatic filtration
      2. HEPA filter technology
      3. Hollow fiber filtration
      4. Microsphere separation
    4. Therapeutic Respiratory Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. CareFusion Corporation
      2. GE Healthcare
      3. Airsep Corporation
      4. Philips Healthcare
      5. Compumedics Ltd.
      6. Smiths Medical
      7. Covidien Plc
      8. Invacare
      9. Fisher and Paykel
      10. Mindray
  7. Analyst Views
  8. Future Outlook of the Market