Respiratory Monitoring Equipment Market Report 2025 (Global Edition)

Global Respiratory Monitoring Equipment Market Report 2025 Market Size Split by Product (Pulse Oximeters, Capnographs, Spirometers, Polysomnographs (PSG), Peak Flow Meters, Gas Analyzers, Others), by ...

Respiratory Monitoring Equipment Market Report Description

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Respiratory Monitoring Equipment Market Insights Video

Competitive Landscape of the Respiratory Monitoring Equipment Market

The competitive landscape of the respiratory monitoring equipment market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized equipment companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

In July 2022, Masimo Corporation, a global developer of medical technology, unveiled the Radius T² continuous respiratory rate and tidal volume measurement device. This noninvasive monitoring device provides accurate and current data on respiratory parameters, enhancing patient monitoring capabilities in a range of clinical scenarios. (Source: https://professional.masimo.com/products/continuous/radius-vsm/) In October 2023, Philips, a prominent worldwide supplier of medical technologies, unveiled the Respironics Trilogy Evo portable ventilator. This state-of-the-art equipment provides patients with long-term respiratory diseases with additional breathing support, all while improving mobility and convenience.

(Source: https://www.philips.co.in/healthcare/product/HCIN2200X15B/trilogy-ev300-hospital-ventilator)

Top Companies Market Share in Respiratory Monitoring Equipment Industry: (In no particular order of Rank)

• Philips Respironics
• ResMed
• Medtronic
• Fisher & Paykel Healthcare
• GE Healthcare
• Masimo Corporation
• Nihon Kohden Corporation
• Dragerwerk AG & Co. KGaA
• Spacelabs Healthcare Inc.
• Mortara Instrument
• Inc.
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Regional Analysis of Respiratory Monitoring Equipment.

Which Region Dominates the Respiratory Monitoring Equipment Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the Respiratory Monitoring Equipment Market. In North America, chronic respiratory conditions like asthma, sleep apnea, and COPD are very common. According to the American Lung Association, there are approximately 60 million Americans who suffer from a chronic respiratory illness. The demand for respiratory monitoring technology is predicted to rise as the population ages and more people develop chronic respiratory disorders. North American governments are paying more and more attention to raising the standard and effectiveness of healthcare. This includes programs that encourage the use of telemedicine and home-based care. The market for respiratory monitoring devices is expected to increase as a result of these activities.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific stands out as the fastest-growing region in the respiratory monitoring equipment market due to several compelling reasons. In the Asia-Pacific area, there is an increasing demand for respiratory monitoring equipment due to increased awareness of respiratory disorders. People are growing increasingly conscious of the signs of respiratory illnesses and the value of prompt diagnosis and care. Respiratory monitoring equipment research and use are receiving more and more funding from governments in the Asia-Pacific area. This covers financing for R&D as well as for hospitals' and clinics' purchases of respiratory monitoring apparatus.

 

The current report Scope analyzes Respiratory Monitoring Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Respiratory Monitoring Equipment

According to Cognitive Market Research, the global Respiratory Monitoring Equipment Market size was estimated at USD 7918.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3167.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Respiratory Monitoring Equipment Market with a market size of USD 2498.98 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period.
• The United States represents the largest market for respiratory monitoring equipment. Numerous variables contribute to this, such as the sizeable US population, the high incidence of chronic respiratory disorders there, and the advanced US healthcare system.
• The Canada Respiratory Monitoring Equipment Market had a market share of USD 380.07 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The respiratory monitoring equipment market is anticipated to continue growing as a result of investments made by the Canadian government in healthcare innovation. For instance, research into innovative technology for respiratory monitoring is funded by the Canadian Institutes of Health Research (CIHR).
• The Mexico Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 288.22 million in 2024.

Europe Respiratory Monitoring Equipment

According to Cognitive Market Research, the global Respiratory Monitoring Equipment Market size was estimated at USD 7918.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2375.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

• According to Cognitive Market Research, the German respiratory Monitoring Equipment Market size was valued at USD 470.54 million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period.
• Germany has one of the highest rates of healthcare spending. This indicates a desire to make investments in cutting-edge medical technology.
• The Italy Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 204.29 million in 2024.
• The Russian Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 368.20 million in 2024.
• The Spain Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 194.79 million in 2024.
• The Luxembourg Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 73.64 million in 2024.
• The Portugal Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 49.88 million in 2024.
• The Greece Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 28.51 million in 2024.
• The rest of Europe Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 368.20 million in 2024.

Asia Pacific Respiratory Monitoring Equipment

According to Cognitive Market Research, the global Respiratory Monitoring Equipment Market size was estimated at USD 7918.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1821.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031

• According to Cognitive Market Research, the China Respiratory Monitoring Equipment Market size was valued at USD 819.53 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. China is the biggest market for respiratory monitoring equipment. Numerous factors contribute to this, such as the huge and expanding population, the increase in respiratory disorders, and the increased level of government support for the healthcare industry. The Japan Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 251.32 million in 2024.
• The India Respiratory Monitoring Equipment Market had a market share of USD 218.54 million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. India is among the markets with the fastest growth rates for respiratory monitoring equipment. The enormous and expanding population, the increased frequency of respiratory illnesses, and the rising disposable incomes of the Indian populace are some of the reasons behind this.
• The South Korea Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 182.12 million in 2024.
• The Australian Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 94.70 million in 2024. The South East Asia Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 125.66 million in 2024.
• The Rest of Asia Pacific Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD 129.30 million in 2024.

South America Respiratory Monitoring Equipment

According to Cognitive Market Research, the global Respiratory Monitoring Equipment Market size was estimated at USD 7918.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 395.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Respiratory Monitoring Equipment Market size was valued at USD 169.45 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Brazil is anticipated to have one of the fastest-growing markets for respiratory monitoring devices. This is brought on by the region's sizable population, increased respiratory disease prevalence, and expanding government funding for healthcare.
• The Argentina Respiratory Monitoring Equipment Market had a market share of USD 66.51 million in 2024 and is projected to grow at a CAGR of 6.3%during the forecast period. The market in Argentina is expanding due in part to the above-described considerations. Further bolstering the market's expansion is the existence of a sophisticated healthcare infrastructure and a sizable supply of highly qualified medical personnel.
• The Colombia Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 35.24 million in 2024.
• The Peru Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 8.82 million in 2024.
• The Chile Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 28.51 million in 2024.
• The Rest of Latin America Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 63.74 million in 2024.

Middle East Respiratory Monitoring Equipment

According to Cognitive Market Research, the global Respiratory Monitoring Equipment Market size was estimated at USD 7918.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 158.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

• The GCC nations are substantially investing in cutting-edge healthcare technologies and have high healthcare expenditures per capita. As a result, the area is seeing a considerable increase in demand for respiratory monitoring equipment. The Egypt Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 16.63 million in 2024.
• The South Africa Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 25.02 million in 2024. Pocket South Africa is anticipated to be a significant growing market for respiratory monitoring equipment. This is caused by the previously listed elements as well as the nation's increasing use of telemedicine and home healthcare.
• The Turkey Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 13.62 million in 2024.
• The Nigeria Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 16.63 million in 2024.
• The Rest of MEA Respiratory Monitoring Equipment Market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 18.69 million in 2024.

Respiratory Monitoring Equipment Market Analysis

Respiratory Monitoring Equipment Market Product Segment Analysis

According to Cognitive Market Research, Polysomnographs stands out as the dominating category. In the respiratory monitoring equipment market, PSGs are used to identify narcolepsy, insomnia, and sleep apnea, among other sleep disorders. A PSG is an intricate instrument that tracks many physiological processes that occur during sleep, such as blood oxygen levels, breathing patterns, muscle activity, eye movements, and brain wave activity. Physicians can identify sleep disorders and choose the most effective course of treatment with the aid of data gathered by a PSG. The rising incidence of sleep disorders is fueling the PSG segment's expansion. Millions of individuals worldwide suffer from a common sleep disorder called sleep apnea. It is characterized by brief breathing pauses during sleep, which can cause heart disease, high blood pressure, and daytime sleepiness, among other health issues.

Pulse Oximeter technology emerges as the fastest-growing category in the Respiratory Monitoring Equipment Market. These are non-invasive instruments that gauge the blood's oxygen saturation. Because they are affordable and simple to use, pulse oximeters are seeing a rise in use in home healthcare environments. These are non-invasive instruments that gauge the blood's oxygen saturation. Because they are affordable and simple to use, pulse oximeters are seeing a rise in use in home healthcare environments. The rising knowledge of sleep apnea and chronic obstructive pulmonary disease (COPD) is another factor propelling the pulse oximeter segment's growth. Breathing becomes challenging with COPD, a lung disease that worsens over time. Breathing repeatedly stops and begins during sleep, a condition known as sleep apnea. Both COPD and sleep apnea can be monitored using pulse oximeters.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Respiratory Monitoring Equipment Industry. Request a Free Sample PDF!

Respiratory Monitoring Equipment Market Dimensions Segment Analysis

According to Cognitive Market Research, the dominating category is Chronic Obstructive Pulmonary Disease (COPD). Because of the high rate of the illness and the requirement for ongoing patient monitoring in COPD patients. Breathing becomes challenging with COPD, a lung disease that progresses over time. Coughing, wheezing, and shortness of breath are some of the symptoms. Globally, COPD is a leading cause of mortality and disability. The state of respiratory monitoring equipment is revolutionizing patient care for Chronic Obstructive Pulmonary Disease (COPD). Real-time monitoring and customized treatment, made possible by advanced spirometers, portable oxygen concentrators, and smart inhalers, improve patient outcomes. These devices track lung function, medication adherence, and environmental factors that affect COPD in order to give patients and healthcare providers crucial information for timely intervention and proactive management of the condition. Consequently, it is anticipated that the respiratory monitoring device market will expand globally.

The fastest-growing category in the respiratory monitoring equipment market is Sleep Apnea. A dangerous sleep apnea condition can cause breathing to stop and start during the night. Individuals suffering from sleep apnea frequently report feeling tired, sleepy during the day, and having trouble focusing. An estimated 22 million Americans are thought to be affected by sleep apnea, a widespread disease. As the population ages and becomes more overweight, sleep apnea is becoming more common. The risks associated with sleep apnea are becoming more widely known. Public health campaigns and media coverage of the illness have contributed to this in part. People are finding it easier to receive a sleep apnea diagnosis thanks to the introduction of new, more practical diagnostics. In the upcoming years, it is anticipated that the sleep apnea section of the respiratory monitoring equipment market will continue to rise. This is caused by the previously listed variables in addition to the growing number of sleep apnea treatment alternatives.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Respiratory Monitoring Equipment End User Segment Analysis

End Users Segment Analysis

According to Cognitive Market Research, the dominating category is Hospitals. Hospitals and clinics account for the largest portion of the market for respiratory monitoring equipment. This is because a large number of patients with respiratory issues who need close observation are housed in these facilities. However, as more and more patients receive treatment at home, the home healthcare market is predicted to expand at the quickest rate in the upcoming years. Owing to the requirement for careful monitoring of patients with respiratory issues, hospitals, and clinics make up the largest section. But as more patients receive treatment at home, the home healthcare market is anticipated to expand at the quickest rate..

The fastest-growing category in the respiratory monitoring equipment market is Home Care. A multitude of factors are propelling this increase, including The growing acceptance of at-home medical treatment and the creation of fresh, more approachable respiratory monitoring tools. The aging population means that homecare monitoring makes it possible for medical professionals to remotely monitor patients with chronic respiratory diseases, as they are more likely to need it. Both patient outcomes and healthcare expenses may benefit from this. The following are a few examples of respiratory monitoring tools used in homecare settings: Pulse oximeters: These instruments gauge the blood's saturation of oxygen. Capnometers: These instruments gauge the amount of carbon dioxide in breath exhaled. Spirometers: These instruments gauge the amount of air that can be breathed in and out. Apnea monitors: These gadgets are used to keep an eye out for sleep apnea episodes. Numerous respiratory ailments, such as asthma, sleep apnea, and chronic obstructive pulmonary disease (COPD), can be tracked by these devices.

• Home Care
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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