Global Anesthesia And Respiratory Devices Market Overview
- The anesthesia and respiratory devices market size is anticipated to reach a valuation of USD 90.7 Billion by 2035.
- In 2024, the valuation of the market was USD 51.8 Billion
- The target market is projected to rise at a CAGR of 6.0%.
Anesthesia and respiratory devices are medical equipment used to administer anesthesia during surgery, including ventilators, masks, and airway management tools, allowing controlled breathing during the procedure. The rising aging population, rising prevalence of respiratory diseases, the increasing surgical procedures, and technological advancements are factors pitching the anesthesia and respiratory devices market growth. The anesthesia and respiratory devices help in providing precise control over airway management, minimize the risks of complications, conserve body heat and humidity, and enable safe and effective surgery across a variety of patient conditions, thus, further contributing to market diversification.
Impact of AI on the Anesthesia and Respiratory Devices Market:
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Global Anesthesia And Respiratory Devices Market Drivers & Restraints
Key Drivers of Target Market:
Rising Prevalence of Respiratory Devices is Driving the Market Expansion
The anesthesia and respiratory devices market is growing due to the increasing prevalence of respiratory diseases such as asthma and COPD. This is because the healthcare industry is producing and selling more specialized respiratory devices to manage these conditions; in other words, as more people require respiratory support, the market for devices that provide that support grows.
- For instance, in November 2024, according to an article published by WHO, each year, over 3 million lives are silently cut short by chronic obstructive pulmonary disease (COPD), a non-communicable respiratory disease often overlooked despite affecting over 380 million people globally. COPD, the world’s fourth leading cause of death, has been largely absent from conversations on global health, despite its devastating toll on patients and families.
Restraints:
Risks of Causing Device-Associated Infections are Obstructing the Market Growth
The danger of infections linked to anesthetic and respiratory equipment as a result of continuous usage and inadequate sanitation is a major obstacle in the market. Hospital-acquired illnesses and respiratory issues might result from contaminated equipment. Furthermore, patient safety may be at risk due to mechanical malfunctions in vital equipment.
- Counterbalance Statements: Using automatic self-cleaning systems and sophisticated antimicrobial coatings can lower the danger of infection. Patient safety can be improved and equipment faults can be avoided with routine predictive maintenance with IoT sensors.
Opportunities:
Amalgamation of Advanced Technologies with Anesthesia and Respiratory Devices Opens Up Growth Opportunities in the coming years
The anesthesia and respiratory devices market can grow significantly due to advanced technologies such as artificial intelligence (AI), enhanced monitoring capabilities, miniaturization, and integration with electronic health records. These technologies allow for more accurate patient monitoring, individualized treatment plans, enhanced safety features, and greater accessibility across different healthcare settings, all of which improve patient outcomes and increase the use of these devices.
- For instance, in January 2025, VADI Medical debuted its latest innovations at MD&M West 2025. The company, known for its high-quality range of products including humidifiers, breathing circuits, bacterial filters, CPAP masks, anesthesia circuits, and resuscitators, showcased its next-generation smart humidification system and optimized breathing circuits. These next-generation systems aim to improve patient care and enhance operational efficiency for healthcare providers.
Global Anesthesia And Respiratory Devices Market Segmentations & Regional Insights
The anesthesia and respiratory devices market is classified into product type, gender, end user, and region.
Product Type
By product type, the market is sub-segmented into anesthesia devices, respiratory devices, monitoring devices, diagnostic devices, and consumables and accessories. The respiratory devices segment is dominating the anesthesia and respiratory devices market share. This is due to the high prevalence of respiratory devices globally, leading to a significant demand for devices such as ventilators, nebulizers, and oxygen concentrators.
- For instance, in January 2025, Inspira Technologies OXY B.H.N. Ltd. had announced that the Company was establishing a dedicated production line for a crucial component of its innovative respiratory support system, in collaboration with Zriha Medical Ltd. The collaboration involved the manufacture of a flow mechanism that would be integrated into Inspira's products for use in the extracorporeal circulation of blood during the oxygenation process.
Gender
According to gender, the market is bifurcated into male and female. Men have the leading anesthesia and respiratory devices market as men have a higher risk of respiratory issues such as asthma and chronic obstructive pulmonary disease. This is due to physiological traits such as narrower airways.
End-User
Under end-user, the market is pigeonholed into hospitals, clinics, home care settings, ambulatory service centers, and others. The hospitals segment is ruling over the market due to its advanced medical care, large-scale infrastructure,e and expertise to use advanced equipment, presence of experienced anesthetics and technicians, and comprehensive insurance coverage for in-patient procedures.
- For instance, in September 2023, Dräger launched its new Atlan anesthesia workstation family in the United States. The Atlan anesthesia workstation family could provide safe and precise intraoperative ventilation of surgical patients, from neonates to adults. The device was also equipped with a system of extensive safety functions, which helped to avoid unintentionally high tidal volumes or inspiratory pressures.
Region
Geographically, the market is branched into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America: This is the region that holds the largest anesthesia and respiratory devices market share at 42.4%. This is due to its advanced healthcare infrastructure, increasing number of surgical procedures, rising aging population, widespread adoption of advanced technology, rising medical tourism, favorable government policies, and high healthcare expenditure.
- For instance, in November 2024, North American Partners in Anesthesia (NAPA), announced the launch of NAPA Managed Services. This comprehensive client solution was designed to address critical operating room (OR) operational needs for health systems and academic medical centers (AMCs). The new offering allowed healthcare institutions to maintain autonomy over their anesthesia services while benefiting from NAPA's industry-leading expertise in revenue cycle management (RCM), data and analytics, consulting, recruitment, and operational excellence.
Asia Pacific: The market in this region grows with the highest growth rate during the forecast period. This is due to its rising aging population, rising prevalence of respiratory devices, increasing healthcare spending, rising chronic diseases, economic development, favorable government initiatives, and growing medical tourism.
- For instance, in November 2021, MDoloris Medical Systems, a leader in the field of objective pain monitoring during anesthesia, announced the regulatory clearance and marketing approval of its HFVI MOC-9, High-Frequency Variability Index monitor, in Japan. MDoloris’ HFVI MOC-9 Technology was the first monitoring solution for patients going through analgosedation and anesthesia in Japan.
Anesthesia and Respiratory Devices Market Report Scope:
Attribute |
Details |
Market Size 2025 |
USD 53.2 Billion |
Projected Market Size 2035 |
USD 90.7 Billion |
CAGR Growth Rate |
6.0% (2025-2035) |
Base year for estimation |
2024 |
Forecast period |
2025 – 2035 |
Market representation |
Revenue in USD Billion & CAGR from 2025 to 2035 |
Regional scope |
North America - U.S. and Canada Europe – Germany, U.K., France, Russia, Italy, Spain, Netherlands, and Rest of Europe Asia Pacific – China, India, Japan, Australia, Indonesia Malaysia, South Korea, and Rest of Asia Pacific Latin America - Brazil, Mexico, Argentina, and Rest of Latin America Middle East & Africa – GCC, Israel, South Africa, and Rest of the Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segmentation:
By Product Type:
- Anesthesia Devices
- Anesthesia Delivery Machines
- Anesthesia Disposables & Accessories
- Anesthesia Monitors
- Anesthesia Information Management Systems (AIMS)
- Others
- Respiratory Devices
- Therapeutic Devices
- Masks
- Ventilators
- Nebulizers
- Humidifiers
- Oxygen Concentrators
- Inhalers
- Reusable Resuscitators
- Nitric Oxide Delivery Units
- Capnographs
- Others
- Monitoring Devices
- Diagnostic Devices
- Consumables and Accessories
By Gender:
- Male
- Female
By End User:
- Hospitals
- Clinics
- Homecare Settings
- Ambulatory Service Centers
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of the Middle East & Africa
Global Anesthesia And Respiratory Devices Market Competitive Landscape & Key Players
The companies operating in the market are BD, Drägerwerk AG & Co. KGa, Fisher & Paykel Healthcare Limited, GE HealthCare, Medtronic, and others. The key players are adopting strategies such as developing innovative products, forging strategic partnerships, and engaging in collaborative ventures, and acquisitions for the diversification of the market.
Anesthesia and Respiratory Devices Market Companies:
- BD
- Drägerwerk AG & Co. KGa
- GE HealthCare
- Medtronic
- Koninklijke Philips N.V.
- Teleflex Incorporated
- Masimo
- Fisher & Paykel Healthcare Limited
- ICU Medical, Inc.
- ResMed
- Inogen, Inc.
- CAIRE Inc.
- Drive Devilbiss International
- Getinge
View an Additional List of Companies in the Anesthesia and Respiratory Devices Market
Global Anesthesia And Respiratory Devices Market Recent News
- In May 2022, Fisher & Paykel Healthcare Corporation Limited announced it had launched two new devices developed specifically for use in anesthesia applications. These applications expanded the market opportunity for Optiflow nasal high flow within the company’s hospital respiratory support segment. The company released the Optiflow Switch and Optiflow Trace nasal high-flow interfaces into selected markets following a number of years of research and development.
- In March 2023, BHV Partners launched a new startup, Conus Airway, to develop medical devices aimed at improving anesthesia and surgery of the respiratory tract. The startup would develop devices based on technology designed by the head of the pediatric thoracic surgery department at the University and Polytechnic La Fe Hospital of Valencia. These medical devices enabled endotracheal dilation and ventilation, reducing risks, improving results, minimizing cross-contamination, and increasing efficiency in respiratory tract surgery.
Analyst View:
Factors driving the growth of the anesthesia and respiratory devices market include the aging population, the incidence of respiratory disorders, the rise in surgical operations, and technological improvements. Further contributing to market diversification are the anesthesia and respiratory devices, which help to provide precise control over airway management, reduce the risk of complications, conserve body heat and humidity, and enable safe and effective surgery across a range of patient conditions.
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Global Anesthesia And Respiratory Devices Market Company Profile
Company Name |
BD |
Headquarter |
Franklin Lakes, New Jersey, U.S. |
CEO |
Mr. Thomas Polen |
Employee Count (2024) |
70,000+ Employees |
Global Anesthesia And Respiratory Devices Market Highlights
FAQs
Anesthesia and Respiratory Devices Market size was valued at USD 53.2 Billion in 2025 and is expected to reach USD 90.7 Billion by 2035 growing at a CAGR of 6.0%.
The market is segmented into product type, gender, end user, and region.
The market is segmented by region North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America is expected to dominate the Market.
The key players operating in the Anesthesia and Respiratory Devices Market include BD, Drägerwerk AG & Co. KGa, Fisher & Paykel Healthcare Limited, GE HealthCare, Medtronic, Koninklijke Philips N.V., Teleflex Incorporated, Masimo, ICU Medical, Inc., ResMed, Inogen, Inc., CAIRE Inc., Drive Devilbiss International, and Getinge.