Pharmaceutical Industry Today

Global Respiratory Medical Device Market Poised for Significant Growth, Driven by Innovation and Rising Disease Rates

The Respiratory Medical Device Professional Market is expected to register a CAGR of 7.7% from 2025 to 2031. A new report from The Insight Partners, "Respiratory Medical Device Professional Market – Global Analysis and Forecast.
Published 18 September 2025

New York, US – September 18, 2025 – A new report from The Insight Partners, "Respiratory Medical Device Professional Market – Global Analysis and Forecast," reveals that the global market for respiratory medical devices is projected to grow substantially. The report attributes this growth to the increasing prevalence of respiratory illnesses, an expanding elderly population, and continuous technological advancements in respiratory care. The Respiratory Medical Device Professional Market is expected to register a CAGR of 7.7% from 2025 to 2031.

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Key Drivers Propel Market Expansion

The report highlights several factors accelerating the market's momentum:

●    Growing Respiratory Illness Burden: The global rise of chronic conditions like COPD, asthma, and sleep apnea is boosting the demand for advanced devices such as ventilators, nebulizers, and oxygen concentrators.

●    Aging Demographics: As the global elderly population grows, so does the susceptibility to respiratory issues, increasing the need for portable and home-use devices for convenient, continuous care.

●    Innovations in Technology: The integration of smart sensors, AI, and wireless connectivity is revolutionizing patient care, enabling real-time data monitoring and personalized treatment strategies.

●    Shift to Non-Invasive Care: There is a growing preference for non-invasive respiratory support and wearable tech, which improves patient comfort and helps reduce hospital stays.

Recent Industry Developments

The market is seeing rapid changes with companies launching new products and forming strategic partnerships. Philips Respironics, for instance, has introduced a new CPAP device with cloud-based data analytics, while ResMed has expanded its lineup with AI-powered ventilators for both hospital and home use.

Strategic Collaborations

Partnerships and acquisitions are shaping the competitive landscape. A notable collaboration between Medtronic and Masimo integrates advanced monitoring into respiratory support systems, improving clinical decision-making and patient safety.

Leading Market Players

The report identifies key players in the market, including:

●    Masimo Corporation

●    Teleflex Incorporated

●    Fisher and Paykel Healthcare Limited

●    ResMed Inc.

●    Hamilton Medical AG

●    Medtronic Plc

●    Koninklijke Philips N.V.

●    Smiths Medical

●    General Electric Healthcare Limited

Future Market Outlook

The market's future looks promising, with growth fueled by emerging markets, increased healthcare spending, and rising awareness of respiratory health. The adoption of telemedicine and remote patient monitoring will further accelerate the development and use of smart respiratory devices.

Analysis from The Insight Partners

"The demand for efficient, patient-centric respiratory solutions is transforming the medical device landscape," notes The Insight Partners. "Technological innovations and the increasing burden of respiratory diseases are not only driving growth but also setting new standards in respiratory care."

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About The Insight Partners

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, and Chemicals and Materials.

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