Medical Equipment

Respiratory Devices And Equipment (Diagnostic) Market Insights Highlighting Opportunities and Drivers Supporting Growth to 2030

March 17, 2026 by Marketing Posting

The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.

What Is The Expected Market Size Of The Respiratory Devices And Equipment (Diagnostic) Market From 2026 To 2030?

The market for respiratory devices and equipment (diagnostic) has experienced significant expansion in recent years. It is anticipated to grow from $8.36 billion in 2025 to $9.18 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 9.8%. This historical growth can be linked to factors such as the rising prevalence of respiratory disorders, the proliferation of pulmonary diagnostic laboratories, an increased demand for early disease diagnosis, the availability of advanced spirometry devices, and the expanding utilization of oxygen monitoring tools.

The market size for respiratory devices and equipment (diagnostic) is anticipated to experience substantial growth over the next few years. It is forecast to expand to $13.29 billion in 2030, achieving a compound annual growth rate (CAGR) of 9.7%. This expansion during the projection period can be attributed to several factors, including increased investments in respiratory disease diagnostics, a growing embrace of molecular and imaging-based tests, the proliferation of home-based diagnostic monitoring, a greater emphasis on personalized respiratory care, and continuous innovation in diagnostic assay development. Significant trends expected during this forecast period encompass the increasing uptake of portable diagnostic respiratory devices, the growing utilization of molecular diagnostic tests for respiratory illnesses, the expanding integration of AI-based lung function analysis, the broader availability of point-of-care respiratory testing, and an intensified focus on early disease detection.

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What Key Drivers Are Influencing The Growth Of The Respiratory Devices And Equipment (Diagnostic) Market?

The increasing incidence of various respiratory diseases is set to boost the expansion of the respiratory devices and equipment (diagnostic) market in the future. Respiratory diseases are medical conditions impacting the lungs and airways, which impede normal breathing and oxygen exchange due to inflammation, infection, obstruction, or chronic structural damage. The growing prevalence of diverse respiratory diseases stems from an escalating global burden of conditions that progressively impair lung function and make populations more vulnerable to long-term respiratory complications. Respiratory devices and equipment aid in the management of these diseases by enhancing airflow, improving oxygen delivery, and enabling more effective monitoring of lung function to stabilize patient health. For instance, in June 2025, according to the World Health Organization, a Switzerland-based organization, 81.7 million people are living with chronic respiratory diseases, and 6.8 million are newly diagnosed each year. Therefore, the increasing prevalence of various respiratory diseases propels the respiratory devices and equipment (diagnostic) market.

Which Segments Are Included In The Analysis Of The Respiratory Devices And Equipment (Diagnostic) Market?

The respiratory devices and equipment (diagnostic) market covered in this report is segmented –

1) By Product: Instruments And Devices, Assays And Reagents

2) By Test Type: Traditional Diagnostic Tests, Mechanical Tests, Imaging Tests, Molecular Diagnostic Tests

3) By Disease Type: Chronic Obstructive Pulmonary Disease, Lung Cancer, Asthma, Tuberculosis, Other Diseases

4) By End User: Hospital/Clinical Laboratories, Physician Offices, Reference Laboratories, Other End Users

Subsegments:

1) By Instruments And Devices: Spirometers, Pulse Oximeters, Peak Flow Meters, Capnographs, Respiratory Pressure Monitors, Portable Ventilators

2) By Assays And Reagents: Diagnostic Kits, Reagents For Respiratory Infections, Blood Gas Analysis Reagents, PCR Assays For Respiratory Pathogens

Which Trends Are Impacting The Growth Of The Respiratory Devices And Equipment (Diagnostic) Market?

Leading companies within the respiratory devices and equipment (diagnostic) market are prioritizing the development of sophisticated diagnostic solutions, such as automated nucleic acid purification instruments and the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit, to boost the accuracy and speed of viral detection. These automated nucleic acid purification instruments and the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit enable the quick and reliable extraction of viral genetic material, essential for precise diagnostic testing. For example, in December 2023, Thermo Fisher Scientific Inc., a US-based biotechnology company, introduced Sample Preparation Solutions for Respiratory Diagnostic Testing. The Thermo Scientific KingFisher Apex Dx automates the purification of up to 24 or 96 samples of DNA, RNA, protein, or cells, guaranteeing high-quality outcomes for respiratory testing. It operates in conjunction with the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit, providing a complete solution for in vitro diagnostics. Featuring advanced data management and cybersecurity, the system supports uninterrupted workflows from sample preparation to real-time PCR analysis, making it suitable for both research and diagnostic applications.

Which Key Industry Participants Are Active In The Respiratory Devices And Equipment (Diagnostic) Market?

Major companies operating in the respiratory devices and equipment (diagnostic) market are ResMed Inc., Medtronic plc, Masimo Corporation, Fisher & Paykel Healthcare Limited, Koninklijke Philips N.V., Smiths Medical, GE Healthcare, Chart Industries Inc., Philips Healthcare, Becton Dickinson and Company (BD), Abbott Laboratories, Thermo Fisher Scientific Inc., Teleflex Incorporated, Invacare Corporation, Vyaire Medical Inc., Drägerwerk AG & Co. KGaA, Getinge AB, Dräger Medical GmbH, bioMérieux, Bio-Rad Laboratories Inc – Bio-Rad Laboratories Inc., Cosmed S.r.l., Seegene Inc., SDI Diagnostics, GlaxoSmithKline plc, Hillrom, Hamilton Medical AG, Medline Industries Inc., 3M Company, Air Liquide, Allied Healthcare Products Inc., Armstrong Medical, Bio-Med Devices Inc., Breas Medical AB, CAIRE Inc., DeVilbiss Healthcare, Nihon Kohden Corporation, O2 Concepts LLC

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Which Region Is Expected To Register The Fastest Growth In The Respiratory Devices And Equipment (Diagnostic) Market?

Asia-Pacific was the largest region in the respiratory devices and equipment (diagnostic) market in 2025. North America was the second largest region in the respiratory devices and equipment (diagnostic) market. The regions covered in the respiratory devices and equipment (diagnostic) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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