Respiratory Monitoring Devices Market Size and Forecast (2020 - 2033), Global and Regional Growth, Trend, Share and Industry Analysis Report Coverage; By Product Type (Pulse Oximeters, Capnographs, Spirometers, Peak Flow Meters, Polysomnography Devices, Others); By Application (Chronic Obstructive Pulmonary Disease (COPD), Asthma, Sleep Apnea, Infectious Respiratory Diseases, Others); By End User (Hospitals & Clinics, Homecare Settings, Ambulatory Surgical Centers, Others) and By Geography


PUBLISHED ON
2025-09-15
CATEGORY NAME
Healthcare

Description

Respiratory Monitoring Devices Market Overview

The global respiratory monitoring devices market is witnessing significant growth, fueled by the rising prevalence of chronic respiratory diseases, increasing pollution levels, and growing healthcare awareness. Valued at USD 10.1 billion in 2025, the market is projected to reach USD 24.2 billion by 2033, expanding at a CAGR of 11.8%.

These devices are crucial for continuous monitoring, early diagnosis, and management of respiratory conditions such as asthma, COPD, sleep apnea, and infectious diseases like COVID-19 and influenza. Pulse oximeters, capnographs, and spirometers are among the most widely used devices in clinical and home care settings. The rising adoption of home-based monitoring, driven by aging populations and the demand for non-invasive technologies, is boosting market penetration.

The surge in respiratory conditions linked to urbanization, smoking, and environmental pollutants is driving the demand for advanced respiratory monitoring solutions. In addition, growing investments in telehealth and remote patient monitoring are expanding the scope of respiratory monitoring devices beyond hospitals. North America and Europe currently dominate adoption, while Asia-Pacific is set to emerge as the fastest-growing region due to rising healthcare investments and the burden of respiratory diseases. As healthcare systems emphasize preventive care, early diagnosis, and home management, respiratory monitoring devices are set to play a pivotal role in improving patient outcomes, reducing hospital admissions, and lowering healthcare costs.

Respiratory Monitoring Devices Market Drivers and Opportunities

Rising Prevalence of Chronic Respiratory Diseases

A major driver of the respiratory monitoring devices market is the increasing burden of chronic respiratory diseases worldwide. According to the WHO, COPD and asthma collectively affect hundreds of millions of people and rank among the leading causes of morbidity and mortality. Lifestyle factors such as smoking, occupational hazards, and urban air pollution are exacerbating respiratory conditions. Continuous monitoring is essential for early detection, better disease management, and prevention of severe complications. Devices like spirometers and pulse oximeters help healthcare providers and patients track lung function, oxygen saturation, and breathing patterns. The use of respiratory monitoring devices is being greatly accelerated in both clinical and home care settings by the growing need for preventive healthcare, as well as patient awareness of respiratory health.

Increasing Adoption of Home-Based and Remote Monitoring

Another critical driver is the rising adoption of home care and remote respiratory monitoring solutions. The COVID-19 pandemic accelerated this trend, as patients sought to minimize hospital visits while still managing respiratory conditions effectively. Home-based devices such as portable pulse oximeters, peak flow meters, and wearable respiratory sensors are witnessing higher uptake due to their convenience, affordability, and real-time monitoring capabilities. The increasing integration of IoT-enabled devices, telemedicine services, and digital health platforms also supports this change. Healthcare providers are leveraging these technologies to remotely track patient health, enabling timely interventions and reducing emergency hospitalizations. As healthcare systems worldwide prioritize cost efficiency and patient-centric care, home-based respiratory monitoring is expected to remain a strong growth driver in the years ahead.

Opportunity: Integration of AI and IoT in Respiratory Monitoring

A key growth opportunity for the respiratory monitoring devices market lies in the integration of artificial intelligence (AI) and the Internet of Things (IoT) into monitoring solutions. AI-driven analytics can detect early signs of respiratory distress, predict disease exacerbations, and assist clinicians with real-time decision-making. IoT-enabled respiratory devices, such as connected spirometers and wearable respiratory sensors, allow continuous data collection and seamless transmission to healthcare providers for remote assessment. This opens doors for predictive healthcare, proactive interventions, and improved disease management. Moreover, pharmaceutical companies and medtech innovators are collaborating to integrate respiratory monitoring into digital therapeutics for asthma, COPD, and sleep apnea. The adoption of smart, connected devices not only improves patient adherence but also creates new business opportunities for device manufacturers and healthcare providers through subscription-based and value-added services.

Respiratory Monitoring Devices Market Scope

Report Attributes

Description

Market Size in 2025

USD 10.1 Billion

Market Forecast in 2033

USD24.2 Billion

CAGR % 2025-2033

11.8%

Base Year

2024

Historic Data

2020-2024

Forecast Period

2025-2033

Report USP

 

Production, Consumption, company share, company heatmap, company production Service Type, growth factors and more

Segments Covered

        By Product Type

        By Application

        By End-user

Regional Scope

        North America

        Europe

        APAC

        Latin America

        Middle East and Africa

Country Scope

1)      U.S.

2)      Canada

3)      U.K.

4)      Germany

5)      France

6)      Italy

7)      Spain

8)      Nederland 

9)      China

10)  India

11)  Japan

12)  South Korea

13)  Australia 

14)  Mexico

15)  Brazil

16)  Argentina

17)  Saudi Arabia

18)  UAE

19)  Egypt

20)  South Africa

Respiratory Monitoring Devices Market Report Segmentation Analysis

The global Respiratory Monitoring Devices Market industry analysis is segmented by product type, by application, by end-user, and by region.

Pulse Oximeters Dominate the Market

By product type, pulse oximeters account for the largest share in the respiratory monitoring devices market. Their widespread use in hospitals, clinics, and home care settings—particularly during the COVID-19 pandemic—has cemented their role as essential monitoring tools. Spirometers and capnographs are gaining traction, driven by their applications in COPD, asthma management, and anesthesia monitoring. Polysomnography devices are growing steadily due to rising awareness of sleep apnea and related disorders. The integration of digital connectivity in these devices is further enhancing their usability and demand.

Hospitals & Clinics Lead End-User Adoption

By end user, hospitals and clinics remain the largest segment, driven by the need for advanced monitoring technologies in critical care, emergency rooms, and operating theaters. However, the home care segment is expanding rapidly, supported by the growing adoption of portable and user-friendly devices for chronic disease management. Ambulatory surgical centers also contribute significantly, particularly in preoperative and postoperative respiratory monitoring.

COPD and Asthma Account for the Largest Applications

By application, COPD and asthma represent the largest share, as they remain the most prevalent chronic respiratory conditions worldwide. The rising incidence of sleep apnea is also fueling demand for respiratory monitoring solutions, particularly in sleep labs and home settings. Infectious diseases such as COVID-19 and influenza continue to reinforce the importance of respiratory monitoring for timely diagnosis and patient management.

The following segments are part of an in-depth analysis of the global Respiratory Monitoring Devices Market:

Market Segments

By Product Type

        Pulse Oximeters

        Capnographs

        Spirometers

        Peak Flow Meters

        Polysomnography Devices

        Others

By Application

        Chronic Obstructive Pulmonary Disease (COPD)

        Asthma

        Sleep Apnea

        Infectious Respiratory Diseases

        Others

By End-user

        Hospitals & Clinics

        Homecare Settings

        Ambulatory Surgical Centers

        Others

Respiratory Monitoring Devices Market Share Analysis by Region

North America is the leading region driving the Respiratory Monitoring Devices Market

North America holds the dominant share of the respiratory monitoring devices market, primarily due to its advanced healthcare infrastructure and strong focus on patient-centric care. The region reports a high prevalence of chronic respiratory diseases such as COPD, asthma, and sleep apnea, which significantly drives demand for continuous and accurate respiratory monitoring solutions. The widespread availability of specialized hospitals, clinics, and diagnostic centers ensures faster adoption of advanced technologies, while growing awareness about preventive care encourages early diagnosis and regular monitoring.

Furthermore, North America has been at the forefront of integrating digital health, telemedicine, and remote patient monitoring, creating a favorable environment for connected respiratory devices like wearable pulse oximeters and smart spirometers. Government initiatives, insurance coverage for chronic disease management, and investments by leading players such as Philips Healthcare, Medtronic, and ResMed further strengthen the regional market. Together, these factors make North America the most lucrative region for respiratory monitoring device adoption.

Global Respiratory Monitoring Devices Market Recent Developments News:

  • In June 2025, Philips Healthcare launched a new AI-powered connected spirometer designed for remote monitoring of COPD and asthma patients, enabling physicians to track lung health in real time.
  • In August 2025, Masimo Corporation introduced a next-generation wearable pulse oximeter with cloud integration, targeting home care users and telehealth providers.
  • In May 2025, Medtronic plc partnered with a U.S. healthcare system to deploy remote respiratory monitoring solutions for post-surgical patients, reducing readmission rates and improving recovery outcomes.

The Global Respiratory Monitoring Devices Market is dominated by a few large companies, such as

        Philips Healthcare

        Medtronic plc

        Masimo Corporation

        ResMed Inc.

        GE Healthcare

        Draegerwerk AG & Co. KGaA

        Nihon Kohden Corporation

        Smiths Medical (ICU Medical Inc.)

        Hillrom (Baxter International)

        Nonin Medical, Inc.

        Vyaire Medical, Inc.

        Fisher & Paykel Healthcare Limited

        Mindray Medical International Limited

        Omron Healthcare, Inc.

        COSMED Srl

        Other Prominent Players

Frequently Asked Questions

The respiratory monitoring devices market was valued at USD 10.1 billion in 2025.
The respiratory monitoring devices market size will increase at an approximate CAGR of 11.8% during the forecasted period.
Major companies operating within the market include Philips Healthcare, Medtronic plc, Masimo Corporation, ResMed Inc., GE Healthcare, Draegerwerk AG & Co. KGaA, Nihon Kohden Corporation, Smiths Medical (ICU Medical Inc.), Hillrom (Baxter International), and others
The North America region dominated the respiratory monitoring devices market
  1. Global Respiratory Monitoring Devices Market Introduction and Market Overview
    • Objectives of the Study
    • Global Respiratory Monitoring Devices Market Scope and Market Estimation
      • Global Respiratory Monitoring Devices Market Overall Market Size (US$ Bn), Market CAGR (%), Market forecast (2025 - 2033)
      • Global Respiratory Monitoring Devices Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 - 2033
    • Market Segmentation
      • Product Type of Global Respiratory Monitoring Devices Market
      • Application of Global Respiratory Monitoring Devices Market
      • End-user of Global Respiratory Monitoring Devices Market
      • Region of Global Respiratory Monitoring Devices Market
  1. Executive Summary
    • Demand Side Trends
    • Key Market Trends
    • Market Demand (US$ Bn) Analysis 2020 – 2024 and Forecast, 2025 – 2033
    • Demand and Opportunity Assessment
    • Demand Supply Scenario
    • Market Dynamics
      • Drivers
      • Limitations
      • Opportunities
      • Impact Analysis of Drivers and Restraints
    • Key Product/Brand Analysis
    • Emerging Trends for Respiratory Monitoring Devices Market
    • Porter’s Five Forces Analysis
    • PEST Analysis
    • Key Regulation
  2. Global Respiratory Monitoring Devices Market Estimates & Historical Trend Analysis (2020 - 2024)
  3. Global Respiratory Monitoring Devices Market Estimates & Forecast Trend Analysis, by Product Type
    • Global Respiratory Monitoring Devices Market Revenue (US$ Bn) Estimates and Forecasts, by Product Type, 2020 - 2033
      • Pulse Oximeters
      • Capnographs
      • Spirometers
      • Peak Flow Meters
      • Polysomnography Devices
      • Others
  1. Global Respiratory Monitoring Devices Market Estimates & Forecast Trend Analysis, by Application
    • Global Respiratory Monitoring Devices Market Revenue (US$ Bn) Estimates and Forecasts, by Application, 2020 - 2033
      • Chronic Obstructive Pulmonary Disease (COPD)
      • Asthma
      • Sleep Apnea
      • Infectious Respiratory Diseases
      • Others
  1. Global Respiratory Monitoring Devices Market Estimates & Forecast Trend Analysis, by End-user
    • Global Respiratory Monitoring Devices Market Revenue (US$ Bn) Estimates and Forecasts, by End-user, 2020 - 2033
      • Hospitals & Clinics
      • Homecare Settings
      • Ambulatory Surgical Centers
      • Others
  1. Global Respiratory Monitoring Devices Market Estimates & Forecast Trend Analysis, by region
    • Global Respiratory Monitoring Devices Market Revenue (US$ Bn) Estimates and Forecasts, by region, 2020 - 2033
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • Latin America
  1. North America Respiratory Monitoring Devices Market: Estimates & Forecast Trend Analysis
    • North America Respiratory Monitoring Devices Market Assessments & Key Findings
      • North America Respiratory Monitoring Devices Market Introduction
      • North America Respiratory Monitoring Devices Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Product Type
        • By Application
        • By End-user
        • By Country
          • The U.S.
          • Canada
  1. Europe Respiratory Monitoring Devices Market: Estimates & Forecast Trend Analysis
    • Europe Respiratory Monitoring Devices Market Assessments & Key Findings
      • Europe Respiratory Monitoring Devices Market Introduction
      • Europe Respiratory Monitoring Devices Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Product Type
        • By Application
        • By End-user
        • By Country
          • Germany
          • Italy
          • K.
          • France
          • Spain
          • Netherland
          • Rest of Europe
  1. Asia Pacific Respiratory Monitoring Devices Market: Estimates & Forecast Trend Analysis
    • Asia Pacific Market Assessments & Key Findings
      • Asia Pacific Respiratory Monitoring Devices Market Introduction
      • Asia Pacific Respiratory Monitoring Devices Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Product Type
        • By Application
        • By End-user
        • By Country
          • China
          • Japan
          • India
          • Australia
          • South Korea
          • Rest of Asia Pacific
  1. Middle East & Africa Respiratory Monitoring Devices Market: Estimates & Forecast Trend Analysis
    • Middle East & Africa Market Assessments & Key Findings
      • Middle East & Africa Respiratory Monitoring Devices Market Introduction
      • Middle East & Africa Respiratory Monitoring Devices Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Product Type
        • By Application
        • By End-user
        • By Country
          • UAE
          • Saudi Arabia
          • South Africa
          • Rest of MEA
  1. Latin America Respiratory Monitoring Devices Market: Estimates & Forecast Trend Analysis
    • Latin America Market Assessments & Key Findings
      • Latin America Respiratory Monitoring Devices Market Introduction
      • Latin America Respiratory Monitoring Devices Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Product Type
        • By Application
        • By End-user
        • By Country
          • Brazil
          • Mexico
          • Argentina
          • Rest of LATAM
  1. Country Wise Market: Introduction
  2. Competition Landscape
    • Global Respiratory Monitoring Devices Market Product Mapping
    • Global Respiratory Monitoring Devices Market Concentration Analysis, by Leading Players / Innovators / Emerging Players / New Entrants
    • Global Respiratory Monitoring Devices Market Tier Structure Analysis
    • Global Respiratory Monitoring Devices Market Concentration & Company Market Shares (%) Analysis, 2024
  3. Company Profiles
    • Philips Healthcare
      • Company Overview & Key Stats
      • Financial Performance & KPIs
      • Product Portfolio
      • SWOT Analysis
      • Business Strategy & Recent Developments

    * Similar details would be provided for all the players mentioned below 

  • Medtronic plc
  • Masimo Corporation
  • ResMed Inc.
  • GE Healthcare
  • Draegerwerk AG & Co. KGaA
  • Nihon Kohden Corporation
  • Smiths Medical (ICU Medical Inc.)
  • Hillrom (Baxter International)
  • Nonin Medical, Inc.
  • Vyaire Medical, Inc.
  • Fisher & Paykel Healthcare Limited
  • Mindray Medical International Limited
  • Omron Healthcare, Inc.
  • COSMED Srl
  • Other Prominent Players
  1. Research Methodology
    • External Transportations / Databases
    • Internal Proprietary Database
    • Primary Research
    • Secondary Research
    • Assumptions
    • Limitations
    • Report FAQs
  2. Research Findings & Conclusion

Our Research Methodology

"Insight without rigor is just noise."

We follow a comprehensive, multi-phase research framework designed to deliver accurate, strategic, and decision-ready intelligence. Our process integrates primary and secondary research , both quantitative and qualitative , along with dual modeling techniques ( top-down and bottom-up) and a final layer of validation through our proprietary in-house repository.

PRIMARY RESEARCH

Primary research captures real-time, firsthand insights from the market to understand behaviors, motivations, and emerging trends.

1. Quantitative Primary Research

Objective: Generate statistically significant data directly from market participants.

Approaches:
  • Structured surveys with customers, distributors, and field agents
  • Mobile-based data collection for point-of-sale audits and usage behavior
  • Phone-based interviews (CATI) for market sizing and product feedback
  • Online polling around industry events and digital campaigns
Insights generated:
  • Purchase frequency by customer type
  • Channel performance across geographies
  • Feature demand by application or demographic

2. Qualitative Primary Research

Objective: Explore decision-making drivers, pain points, and market readiness.

Approaches:
  • In-depth interviews (IDIs) with executives, product managers, and key decision-makers
  • Focus groups among end users and early adopters
  • Site visits and observational research for consumer products
  • Informal field-level discussions for regional and cultural nuances

SECONDARY RESEARCH

This phase helps establish a macro-to-micro understanding of market trends, size, regulation, and competitive dynamics, sourced from credible and public domain information.

1. Quantitative Secondary Research

Objective: Model market value and segment-level forecasts based on published data.

Sources include:
  • Financial reports and investor summaries
  • Government trade data, customs records, and regulatory statistics
  • Industry association publications and economic databases
  • Channel performance and pricing data from marketplace listings
Key outputs:
  • Revenue splits, pricing trends, and CAGR estimates
  • Supply-side capacity and volume tracking
  • Investment analysis and funding benchmarks

2. Qualitative Secondary Research

Objective: Capture strategic direction, innovation signals, and behavioral trends.

Sources include:
  • Company announcements, roadmaps, and product pipelines
  • Publicly available whitepapers, conference abstracts, and academic research
  • Regulatory body publications and policy briefs
  • Social and media sentiment scanning for early-stage shifts
Insights extracted:
  • Strategic shifts in market positioning
  • Unmet needs and white spaces
  • Regulatory triggers and compliance impact
Market Research Process

DUAL MODELING: TOP-DOWN + BOTTOM-UP

To ensure robust market estimation, we apply two complementary sizing approaches:

Top-Down Modeling:
  • Start with broader industry value (e.g., global or regional TAM)
  • Apply filters by segment, geography, end-user, or use case
  • Adjust with primary insights and validation benchmarks
  • Ideal for investor-grade market scans and opportunity mapping
Bottom-Up Modeling
  • Aggregate from the ground up using sales volumes, pricing, and unit economics
  • Use internal modeling templates aligned with stakeholder data
  • Incorporate distributor-level or region-specific inputs
  • Most accurate for emerging segments and granular sub-markets

DATA VALIDATION: IN-HOUSE REPOSITORY

We close the loop with proprietary data intelligence built from ongoing projects, industry monitoring, and historical benchmarking. This repository includes:

  • Multi-sector market and pricing models
  • Key trendlines from past interviews and forecasts
  • Benchmarked adoption rates, churn patterns, and ROI indicators
  • Industry-specific deviation flags and cross-check logic
Benefits:
  • Catches inconsistencies early
  • Aligns projections across studies
  • Enables consistent, high-trust deliverables