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Respiratory Devices And Equipment (Therapeutic) Market 2025: Detailed Insights into Market Size and Future Growth

6 Apr, 2025

The Respiratory Devices And Equipment (Therapeutic) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Respiratory Devices And Equipment (Therapeutic) Market?

The Respiratory Devices And Equipment (Therapeutic) Global Market Report 2025 has shown significant growth in past years. The market size escalated from $21.07 billion in 2024 and is projected to reach $23.04 billion in 2025, growing at a compound annual growth rate (CAGR) of 9.3%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Respiratory Devices And Equipment (Therapeutic) Industry?

The market size for the Respiratory Devices and Equipment (Therapeutic) Global Market Report 2025 is anticipated to reach $32.93 billion by 2029. The market is also projected to grow at a compound annual growth rate (CAG

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What are the Key Growth Drivers Fueling the Respiratory Devices And Equipment (Therapeutic) Market?

The key drivers in the respiratory devices and equipment (therapeutic) market are:

• Increasing prevalence of chronic diseases and unhealthy lifestyle factors
• Expansion of telehealth services
• Technological innovations in respiratory devices
• Development and improvement in COPD management strategies

Global Market Segmentation: Identifying Major Respiratory Devices And Equipment (Therapeutic) Industry Segments

The 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

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What are the Emerging Trends Shaping the Future of the Respiratory Devices And Equipment (Therapeutic) Market?

The key trends in the respiratory devices and equipment (therapeutic) market are:

• The future is being shaped by digital health and remote monitoring trends.
• Increasing use of ventilators and life-support systems is a major upcoming pattern.
• A significant trend on the rise is the focus on respiratory rehabilitation.
• The integration of telehealth is an emerging trend steering the future of the market.

Who Are the Top Competitors & Leading Players in the Respiratory Devices And Equipment (Therapeutic) Market?

Major companies 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.

Regional Dominance: Which Area Leads the Global Respiratory Devices And Equipment (Therapeutic) Market?

Asia-Pacific was the largest region in the respiratory devices and equipment (therapeutic) market in 2023

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