Global Therapeutic Respiratory Devices Market Size & Outlook
The global therapeutic respiratory devices market size was estimated at USD 17,887.7 million in 2023 and is projected to reach USD 27,098.4 million by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
Revenue, 2023 (US$M)
$17,887.7
Forecast, 2030 (US$M)
$27,098.4
CAGR, 2024 - 2030
6.1%
Report Coverage
Worldwide
Global therapeutic respiratory devices market, 2017-2030 (US$M)
Related Markets
Global therapeutic respiratory devices market highlights
- The global therapeutic respiratory devices market generated a revenue of USD 17,887.7 million in 2023 and is expected to reach USD 27,098.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.1% by 2030.
- In terms of segment, oxygen concentrators accounted for a revenue of USD 9,366.8 million in 2023.
- Capnographs is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 17,887.7 million |
| Market revenue in 2030 | USD 27,098.4 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Oxygen concentrators |
| Fastest growing segment | Capnographs |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nebulizers, Humidifiers, Oxygen concentrators, Positive airway pressure devices, Ventilators, Gas Analyzers, Capnographs |
Other key industry trends
- In terms of revenue, the North America accounted for 39.8% of the global therapeutic respiratory devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 8,237.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Therapeutic Respiratory Devices Market Scope
Therapeutic respiratory devices market segmentation & scope
Therapeutic Respiratory Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ICU Medical Inc | View profile | 14000 | 951 Calle Amanecer, San Clemente, CA, United States, 92673 | https://www.icumed.com |
| DeVilbiss Healthcare | View profile | 251-500 | Somerset, Pennsylvania, United States, North America | http://www.devilbisshealthcare.com/ |
| Invacare | View profile | 1001-5000 | Elyria, Ohio, United States, North America | https://global.invacare.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Mindray Medical International | View profile | 5001-10000 | Nanshan, Hunan, China, Asia | https://www.mindray.com |
| Draegerwerk AG & Co KGaA | View profile | 16476 | Moislinger Allee 53–55, Lubeck, Germany, 23542 | https://www.draeger.com |
| Chart Industries Inc | View profile | 11637 | 2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, United States, 30107 | https://www.chartindustries.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Fisher & Paykel Healthcare Corp Ltd | View profile | 6584 | 15 Maurice Paykel Place, East Tamaki, Auckland, NTL, New Zealand, 2013 | https://www.fphcare.com |
| ResMed Inc | View profile | 10140 | 9001 Spectrum Center Boulevard, San Diego, CA, United States, 92123 | https://www.resmed.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
Global therapeutic respiratory devices market size, by regions, 2017-2030 (US$M)
Top 10 countries: Therapeutic respiratory devices market size, 2023 (US$M)
Global therapeutic respiratory devices market share, by product, 2023 & 2030 (%, US$M)
Therapeutic respiratory devices market: Opportunity assessment by country
Global therapeutic respiratory devices market, by region, 2023 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
