Global Respiratory Devices And Equipment (Diagnostic) Market Anticipated To Grow To $13.28 Billion By 2030 At 9.7% CAGR
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What Growth In Market Value Is Anticipated For The Respiratory Devices And Equipment (Diagnostic) Market Between 2026 And 2030?
The market size for respiratory devices and equipment (diagnostic) has demonstrated strong growth in recent years. It is anticipated to increase from $8.36 billion in 2025 to $9.18 billion in 2026, registering a compound annual growth rate (CAGR) of 9.8%. Historically, this growth can be ascribed to several factors, including the increasing occurrence of respiratory disorders, the expansion of pulmonary diagnostic laboratories, a rising demand for early disease diagnosis, the availability of advanced spirometry devices, and the growing use of oxygen monitoring tools.
The respiratory devices and equipment (diagnostic) market is set to experience significant growth in the upcoming years. This market is forecasted to reach $13.29 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 9.7%. This projected expansion is driven by increasing investments in respiratory disease diagnostics, the rising adoption of molecular and imaging-based tests, the expansion of home-based diagnostic monitoring, a growing emphasis on personalized respiratory care, and continuous innovation in diagnostic assay development. Prominent trends throughout this period include a greater uptake of portable diagnostic respiratory devices, the increasing use of molecular diagnostic tests for respiratory diseases, the growing integration of AI-based lung function analysis, the expansion of point-of-care respiratory testing, and an enhanced focus on early disease detection.
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Which Major Factors Are Contributing To The Development Of The Respiratory Devices And Equipment (Diagnostic) Market?
The rising incidence of diverse respiratory illnesses is anticipated to boost the respiratory devices and equipment (diagnostic) market. These are health conditions impacting the lungs and airways, hindering normal respiration and oxygen exchange due to issues like inflammation, infection, blockages, or chronic structural harm. The surge in such conditions stems from a mounting global burden of ailments that progressively diminish lung function and render populations more susceptible to enduring respiratory complications. Respiratory devices and equipment facilitate the management of these illnesses by enhancing airflow, improving oxygen provision, and enabling more effective tracking of lung performance to stabilize patient well-being. For example, in June 2025, the World Health Organization, a Switzerland-based organization, reported that 81.7 million individuals are living with chronic respiratory diseases, with an additional 6.8 million receiving new diagnoses each year. Consequently, the heightened occurrence of various respiratory diseases acts as a primary stimulant for the respiratory devices and equipment (diagnostic) market.
What Segment Types Are Included In The Respiratory Devices And Equipment (Diagnostic) Market Analysis?
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 Supporting The Evolution Of The Respiratory Devices And Equipment (Diagnostic) Market?
Leading companies operating within the respiratory devices and equipment (diagnostic) market are concentrating on developing advanced diagnostic solutions, such as automated nucleic acid purification instruments and the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit, to enhance the accuracy and speed of viral detection. These automated nucleic acid purification instruments and the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit facilitate the rapid and reliable extraction of viral genetic material for precise diagnostic testing. For instance, in December 2023, Thermo Fisher Scientific Inc., a US-based biotechnology company, launched 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, ensuring high-quality results for respiratory testing. It operates in conjunction with the Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit, offering a comprehensive solution for in vitro diagnostics. Featuring advanced data management and cybersecurity, the system supports seamless workflows from sample preparation to real-time PCR analysis, making it suitable for both research and diagnostic applications.
Who Are The Major Companies Operating 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 Holds The Largest Share 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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