Global Respiratory Devices And Equipment (Diagnostic) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Instruments And Devices and Assays And Reagents.

By Test Type;

Mechanical Tests, Imaging Tests, and Molecular Diagnostic Tests.

By Disease Type;

Lung Cancer, Asthma, Tuberculosis, and Others.

By End User;

Hospital/Clinical Laboratories, Physician Offices, Reference Laboratories, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn607730485 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Respiratory Devices And Equipment (Diagnostic) Market (USD Million), 2021 - 2031

In the year 2024, the Global Respiratory Devices And Equipment (Diagnostic) Market was valued at USD 8,160.25 million. The size of this market is expected to increase to USD 14,585.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.

The global respiratory devices and equipment (diagnostic) market is a critical component of the healthcare industry, driven by the increasing prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), pneumonia, and other chronic respiratory conditions. With rising air pollution, smoking, and sedentary lifestyles, the demand for advanced diagnostic respiratory devices is expanding globally. These devices help in the accurate diagnosis and monitoring of respiratory diseases, offering solutions for both chronic and acute conditions. Technological advancements and innovations in the diagnostic equipment, such as portable spirometers, pulse oximeters, and capnographs, are fueling the market's growth.

The market is also driven by the growing awareness about respiratory health and the importance of early diagnosis. Healthcare professionals rely on diagnostic respiratory equipment to detect, assess, and manage a variety of respiratory issues, leading to better treatment outcomes. With the increasing aging population and a growing focus on preventive healthcare, the demand for diagnostic respiratory devices is poised to expand across healthcare settings such as hospitals, clinics, and home care environments. Additionally, the rising number of government initiatives and healthcare reforms in various regions is contributing to the wider availability and affordability of these devices.

The respiratory diagnostic device market is experiencing strong growth in North America, Europe, and the Asia Pacific, driven by robust healthcare infrastructures, increasing incidences of respiratory disorders, and high awareness levels regarding lung health. The demand is particularly high in North America and Europe, where advanced healthcare systems and a high number of chronic disease cases necessitate the use of diagnostic respiratory devices. Meanwhile, the Asia Pacific region is also witnessing rapid growth due to improving healthcare access, rising pollution levels, and the growing burden of respiratory diseases, further boosting the market's global footprint.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Test Type
    3. Market Snapshot, By Disease Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Respiratory Devices And Equipment (Diagnostic) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising prevalence of respiratory diseases
        2. Technological advancements in diagnostic devices
        3. Growing aging population
      2. Restraints
        1. High cost of diagnostic equipment
        2. Stringent regulatory requirements
        3. Limited accessibility in developing regions
      3. Opportunities
        1. Expansion in home healthcare solutions
        2. Growth in emerging markets
        3. Increasing focus on preventive care and early diagnosis
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Respiratory Devices And Equipment (Diagnostic) Market, By Product, 2021 - 2031 (USD Million)
      1. Instruments And Devices
      2. Assays And Reagents
    2. Global Respiratory Devices And Equipment (Diagnostic) Market, By Test Type, 2021 - 2031 (USD Million)
      1. Mechanical Tests
      2. Imaging Tests
      3. Molecular Diagnostic Tests
    3. Global Respiratory Devices And Equipment (Diagnostic) Market, By Disease Type, 2021 - 2031 (USD Million)
      1. Lung Cancer
      2. Asthma
      3. Tuberculosis
      4. Others
    4. Global Respiratory Devices And Equipment (Diagnostic) Market, By End User, 2021 - 2031 (USD Million)
      1. Hospital/Clinical Laboratories
      2. Physician Offices
      3. Reference Laboratories
      4. Others
    5. Global Respiratory Devices And Equipment (Diagnostic) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ResMed. Inc
      2. Medtronic PLC
      3. Massimo Corporation
      4. Fisher & Paykel Healthcare Limited
      5. Koninklijke Philips N.V
  7. Analyst Views
  8. Future Outlook of the Market