2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

How Are Key Drivers Contributing to the Growth and Expansion of the Respiratory Monitoring Devices Market?

The increasing incidence of chronic respiratory diseases is expected to drive the respiratory monitoring devices market. Diseases such as asthma, bronchitis, and pneumonia, caused by bacterial and viral infections, are driving the demand for monitoring devices like spirometers and pulse oximeters. For example, a report from the Australian Institute of Health and Welfare estimates that 30% of Australians, or 7.5 million people, have been diagnosed with chronic respiratory diseases.

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#What Growth Opportunities Will Drive the Respiratory Monitoring Devices Market’s CAGR Through 2034?

The respiratory monitoring devices market size has grown rapidly in recent years. It is expected to grow from $1.67 billion in 2024 to $1.87 billion in 2025, at a compound annual growth rate (CAGR) of 11.8%. This growth is fueled by the increasing incidence of respiratory diseases, the aging population, advancements in monitoring technologies, and the expansion of both hospital and homecare settings.

The respiratory monitoring devices market is likely to expand quickly, growing to $2.78 billion in 2029 at a CAGR of 10.4%. Growth contributors include increased awareness of respiratory health, wearable tech, and remote monitoring tools. Key trends feature connected health systems, IoT-enabled devices, AI-powered data analysis, and mobile health applications.

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What Are the Most Significant Market Trends Transforming theRespiratory Monitoring Devices Market?

The market is also witnessing the rise of smart respiratory monitoring devices designed to diagnose and track various respiratory conditions. These Bluetooth-enabled devices can connect to smartphones, allowing continuous monitoring of vital respiratory parameters. For instance, in February 2022, Aptar Pharma, a US-based manufacturer of drug delivery systems, introduced HeroTracker® Sense. This innovative digital respiratory health solution transforms a standard metered-dose inhaler into a smart device, enabling patients to track their inhaler usage and adhere to their prescribed doses.

Who Are the Leading Market Players Fueling Growth in the Respiratory Monitoring Devices Market Trend?

Major companies operating in the respiratory monitoring devices market include Covidien LLC, GE Healthcare Inc., Philips Healthcare, ResMed Corp., Siemens Healthcare GmbH, Merck & Co. Inc., Calondo Pharmaceuticals Inc., Quark Pharmaceuticals Inc., Sirnaomics Inc., Traversa Therapeutics Inc., CareFusion Corporation, Smiths Medical ASD Inc., Masimo Corporation, COSMED S.r.l., IITC Life Science Inc., Micro Idea Instruments Co. Ltd., OES Medical Ltd., Pulmonx Corporation, RWD Life Science Co. Ltd., Scientific Respiratory Equipment Inc., AirSep Corporation, Medtronic plc, Drägerwerk AG & Co. KGaA, Hamilton Medical India Pvt. Ltd., Getinge AB, Respiratory Motion Inc., Genstar Technologies Co. Inc., Avery Biomedical Devices Inc., Dynarex Corporation, Quality Medical Group Ltd.

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How is the Global Respiratory Monitoring Devices Market Segemented?

The respiratory monitoring devices market covered in this report is segmented –

1) By Type: Capnographs, Gas Analyzers, Pulse Oximeters, Peak Flow Meters, Spirometers, Polysomnographs, Others Types

2) By Application: Chronic Obstructive Pulmonary Disease (COPD), Infectious Diseases, Asthma, Other Applications

3) By End-User: Laboratories, Hospitals, Home Use

Subsegments:

1) By Capnographs: Mainstream Capnographs, Sidestream Capnographs

2) By Gas Analyzers: Single Gas Analyzers, Multi-Gas Analyzers

3) By Pulse Oximeters: Fingertip Pulse Oximeters, Handheld Pulse Oximeters, Wrist-Worn Pulse Oximeters, Tabletop Pulse Oximeters

4) By Peak Flow Meters: Disposable Peak Flow Meters, Digital Peak Flow Meters

5) By Spirometers: Desktop Spirometers, Handheld Spirometers, Tabletop Spirometers

6) By Polysomnographs: Portable Polysomnographs, Stationary Polysomnographs

7) By Other Types: Apnea Monitors, Home Sleep Testing Devices, Respiratory Gas Monitors

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Which Geographics are Influencing the Growth of the Respiratory Monitoring Devices Market?

Asia-Pacific was the largest region in the respiratory monitoring devices market in 2023. North America was the second-largest region in the respiratory monitoring devices market. The regions covered in the respiratory monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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