Respiratory Care Devices Market Outlook 2025–2030: Growth, Innovation, and Regional Trends
The global respiratory care devices market is poised for significant growth, projected to reach approximately USD 36 billion by 2030, up from around USD 22.5 billion in 2023, reflecting a compound annual growth rate (CAGR) of about 7% during the forecast period . Key Drivers of Market Growth Several factors are contributing to this expansion: Rising Prevalence of Respiratory Diseases : Conditions such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea are becoming more common due to factors like air pollution, smoking, and aging populations. Increase in Preterm Births : The growing number of premature births globally necessitates respiratory support devices for neonatal care . Technological Advancements : Innovations in device design and functionality are enhancing patient outcomes and expanding the applicability of respiratory care devices. Technological Innovations The integration of advanced technologies is transforming respiratory care Artificial Intelligence ...