Respiratory care equipment are medical devices that are used to support patients with respiratory problems, which are often associated with different respiratory illnesses. They are important in managing and treating conditions like asthma, chronic obstructive pulmonary disease (COPD), and sleep apnea.
Respiratory care devices are crucial to various medical treatments. Some of the most important kinds of such devices are nebulizers, which transform liquid medication into mist to be inhaled easily; inhalers, which introduce medication into the lungs; and CPAP machines, often utilized to cure sleep apnea by keeping airways open while asleep. Ventilators also play a key role in supplying mechanical breathing assistance to patients who are unable to breathe on their own, commonly utilized in intensive care units.
Applications of these devices go beyond therapy as they also have a crucial function in the monitoring of respiratory condition, therapy delivery, and enhancement of quality of life for people with chronic respiratory diseases. With the rise in their prevalence worldwide, respiratory care devices have been on a steady increase, showcasing their relevance in contemporary healthcare.
Top Companies in Respiratory Care Devices Industry
Medtronic Plc
Established: 1949
Headquarters: Ireland
Revenue: US$32.4 Billion in 2023
Medtronic plc is a global medical technology company that manufactures, develops, designs, and markets medical devices and solutions. Its products treat heart valve disease, heart failure, coronary artery diseases, vascular conditions, renal and neurological conditions, and spinal and musculoskeletal disorders. Medtronic also has biological products for orthopedic and dental applications. Medtronic sells its products to healthcare providers, hospitals, clinics, and distributors worldwide in Asia, Europe, the Americas, the Middle East, and Africa.
Koninklijke Philips
Established: 1891
Headquarters: Netherlands
Koninklijke Philips NV, simply referred to as Philips, is a diversified technology leader with a focus on consumer electronics and medical systems. Its products and solutions range from precision diagnosis, image-guided therapy, monitoring, respiratory care, and personal health products. Its key products include X-ray and MRI systems, CT systems, and other hospital and consumer products, for example, battery-powered toothbrushes and grooming devices. Philips markets its products and services to healthcare professionals, patients, and consumers in Europe, North America, and Asia.
General Electric Company
Incorporation: 1892
Headquarters: United States
General Electric Company (GE), established in 1892 in Boston, Massachusetts, is a worldwide industrial conglomerate. It has operations in the areas of aviation, healthcare, power, and renewable energy, renowned for engineering innovation and high technology. GE's aviation business produces jet engines, while its health care arm provides medical imaging and diagnostics. In the energy sector, the company makes gas and wind turbines. With operations in more than 180 countries, GE focuses on digitalization and sustainability in its business.
Masimo Corporation
Established: 1989
Headquarter: United States
General Electric Company (GE), with headquarters in Boston, Massachusetts, is a multinational industrial conglomerate. It has operations in several industries like aviation, health care, power, and green energy. GE is renowned for its engineering technological advancements, manufacturing jet engines for commercial and military aircraft in its aviation business, whereas its healthcare unit provides medical imaging and diagnostics. GE provides power generation equipment such as gas and wind turbines in the energy business. It sells to customers in more than 180 nations, and GE focuses on digital transformation and sustainability within its operations.
ResMed Inc.
Founding: 1989
Headquarters: United States of America
ResMed Inc. is a health technology company that provides devices for the diagnosis and treatment of respiratory disorders such as sleep apnea and COPD. Its product offering includes CPAP equipment, auto-bilevel devices, VPAP equipment, and APAP units. ResMed markets globally through direct sales and distribution channels, and offers SaaS products for out-of-hospital healthcare providers. Its clients are sleep clinics, home care dealers, and insurance payers. It has a headquarters in San Diego, California.
Becton Dickinson
Founded: 1897
Headquarter: United States
Becton, Dickinson, and Co. (BD) is a global medical technology company that designs, produces, and markets a range of medical supplies, devices, laboratory equipment, and diagnostic systems. BD markets a broad array of vascular access and urology products, surgical instruments, molecular diagnosis, infusion systems, pre-fillable drug delivery systems, hemodynamic monitors, and next-generation cell analysis technologies. BD serves a broad array of customers, such as physicians, hospitals, clinical labs, life science researchers, pharmaceutical companies, and consumers. It has production facilities across numerous countries, including the United States, Canada, Brazil, France, Germany, India, Japan, Mexico, Bosnia and Herzegovina, Hungary, and the Dominican Republic, supporting its global reach.
InogenInc
Date of Establishment: 2001
Headquarters: United States
Inogen Inc. is an American medical technology firm headquartered in Goleta, California, that designs and manufactures portable oxygen concentrators (POCs) for patients with chronic respiratory diseases, notably COPD. Its portable, battery-powered POCs improve mobility and independence over conventional oxygen therapy. Inogen distributes its products through direct-to-consumer, home medical equipment suppliers, distributors, and resellers, emphasizing innovation, efficiency, and simplicity of use while increasing its international presence in respiratory care.
Baxter International Inc. Company Sustainability News
Decreased Scope 1 and 2 GHG emissions by 13.5% relative to 2023 and 18.8% relative to the baseline year of 2020. This represents three-quarters of Baxter's way towards its 2030 target of a 25% reduction of emissions, consistent with a well-below 2⁰ Celsius science-based target. In 2024, Baxter also invested around $12 million to finish 175 energy-saving projects at the company's manufacturing facilities, including four solar installations and one biomass-fuelled steam generator installation.
Baxter Company Sustainability News
Baxter is committed to lower greenhouse gas (GHG) emissions, resource conservation and minimizing the impact on the environment over the long term. In 2024, Baxter lowered absolute Scope 1 and 2 GHG emissions by 13.5% from 2023 and 18.8% from 2020 toward a target to become carbon neutral in direct operations by 2040 and lower absolute Scope 1 and 2 GHG emissions by 25% by 2030. This objective is supported by a well-below 2⁰ Celsius science-based target.
Invacare Corporation Sustainability News
Invacare Limited aims to become net-zero by 2045. Invacare Limited has made an announcement stating that Invacare EMEA (Invacare International GmbH) has obtained ISO 14001:2015 Environmental Management System Certification. ISO 14001 certification is globally accepted as a part of the ISO 14000 standards, with an effective framework for enhancing environmental performance. This certification focuses on reducing waste and encourages efficiencies that benefit the earth.
In September 2025, this news comes after Invacare joined hands and stood alongside the pharmacy community at International Pharmaceutical Federation (FIP) - 83rd FIP World Congress of Pharmacy and Pharmaceutical Sciences in Copenhagen. The event brought together more than 3,500 leaders in pharmacy and emphasized the expanded role of community pharmacies as accessible, frontline healthcare providers.
Vyaire Medical Inc. Recent Development News
Oct 2024, ZOLL®, Asahi Kasei affiliate, has finalized the acquisition of various assets from the ventilator business of Vyaire Medical. The acquired assets include bellavista®, fabian®, LTV®, and 3100 HFOV product lines, which will be sold in addition to ZOLL's current respiratory care products. All ventilators, consumables, service parts, and accessories of the acquired products will remain available for sale.
ICU Medical Inc. Recent Development News
May 2025, ICU Medical Inc., in collaboration with VisionHealth GmbH, has launched MyAcapella, a mobile application designed to enhance Oscillating Positive Expiratory Pressure (OPEP) therapy for patients with chronic respiratory disease. The downloadable app offers guided coaching, reminders for therapy, patient educational material, and adherence tracking capabilities. Its main objective is to boost patient compliance and facilitate the monitoring process for healthcare professionals.
Omron Healthcare Company SWOT Analysis
Strengths: Brand Reputation, R&D & Product Innovation - Omron Healthcare enjoys a great global reputation for its respiratory care devices such as nebulizers, air compressors, and humidifiers. Decades of experience, the company emphasizes user comfort, safety, reliability, and simplicity in its products, assuring durability and minimal maintenance. Its strong R&D capability fosters product performance, adding user-friendly interfaces for non-clinical users. Omron's highly established distribution channels and brand loyalty result in recommendations by healthcare professionals. They are in line with the aging populations and increasing rates of chronic respiratory disorders and remain price competitive through economies of scale. The financial investment in minimalist, power-saving, and portable device designs provides them with a competitive advantage in the market where simplicity and reliability matter.
Bio-Med Devices Company SWOT Analysis
Strengths: Differentiated Innovation and Robust Clinical Integration - Bio-Med Devices, Inc. has built a strong brand in the respiratory care devices business by virtue of its track record of innovation for high-performance ventilators and oxygen blenders for neonatal, pediatric, and adult critical care. Its products are reliable and versatile, especially in critical care and emergency transport. A major strength is the company's partnership with respiratory therapists and engineers, facilitating the customization of devices to work best for patients. Bio-Med's adherence to regulatory requirements such as FDA and ISO augments customer trust and access to markets. Furthermore, its established market presence in the U.S. healthcare sector as well as withstanding services increases its credibility. Bio-Med is poised to capture the increasing demand for wearable respiratory solutions, with technical innovation, clinical partnership, and compliance with regulations as a winning formula.
Inogen Inc. Company Recent News
Sept 2023, Inogen, Inc., a medical technology company that supplies innovative respiratory products for homecare, announced today that it has closed its acquisition of Physio-Assist SAS, broadening the company's product portfolio of respiratory products.
July 2023, Inogen, Inc., a global medical technology company that offers advanced respiratory products for homecare, announced today that it has signed a definitive agreement to acquire Physio-Assist SAS, a France-based private company.
Getinge AB Company Recent News
Aug 2024, Getinge has entered into a deal to purchase 100% of Paragonix Technologies, Inc., a top organ transport products and services company in the US. The total acquisition price, inclusive of upfront and earn-out payments, is estimated at around USD 477 million.
Nov 2023, Getinge has signed the acquisition of 100% of the shares of Healthmark Industries Co. Inc., one of the leading US-based companies that produce innovative instrument care and infection control consumables. The deal was struck for about USD 320 million. The move expands Getinge's position in the sterile reprocessing business in the United States and facilitates Healthmark's international expansion.
Global Respiratory Care Devices Market
- Historical Trends
- Forecast Analysis
Company Analysis
Overview
- Company History and Mission
- Business Model and Operations
- Workforce
- Executive Leadership
- Operational Management
- Division Leaders
- Board Composition
- Mergers & Acquisitions
- Partnerships
- Investments
- Renewable Energy Adoption
- Energy-Efficient Infrastructure
- Use of Sustainable Packaging Materials
- Water Usage and Conservation Strategies
- Waste Management and Circular Economy Initiatives
- Product Profile
- Quality Standards
- Product Pipeline
- Product Benchmarking
- Strengths
- Weaknesses
- Opportunities
- Threats
The above information will be available for all the following companies:
- Masimo Corporation
- Fisher & Paykel Healthcare Corporation
- Drägerwerk AG & Co. KGaA
- Vyaire Medical Inc.
- Baxter International Inc.
- ICU Medical Inc.
- Beijing Aeonmed Co. Ltd.
- Smiths Medical PLC
- Invacare Corporation
- Flexicare Medical Limited
- OMRON Healthcare Inc.
- Bio-Med Devices
- Medtronic Plc.
- Koninklijke Philips
- GE Healthcare
- ResMed In
- Becton Dickinson
- Turn Medical
- Getinge AB
- Inogen Inc.
Table of Contents
1. Respiratory Care Devices Market1.1 Historical Trends
1.2 Forecast Analysis
2. Market Share Analysis
3. Masimo Corporation
3.1 Overview
3.1.1 Company History and Mission
3.1.2 Business Model and Operations
3.1.3 Workforce
3.2 Key Persons
3.2.1 Executive Leadership
3.2.2 Operational Management
3.2.3 Division Leaders
3.2.4 Board Composition
3.3 Recent Development & Strategies
3.3.1 Mergers & Acquisitions
3.3.2 Partnerships
3.3.3 Investments
3.4 Sustainability Analysis
3.4.1 Renewable Energy Adoption
3.4.2 Energy-Efficient Infrastructure
3.4.3 Use of Sustainable Packaging Materials
3.4.4 Water Usage and Conservation Strategies
3.4.5 Waste Management and Circular Economy Initiatives
3.5 Product Analysis
3.5.1 Product Profile
3.5.2 Quality Standards
3.5.3 Product Pipeline
3.5.4 Product Benchmarking
3.6 Strategic Assessment: SWOT Analysis
3.6.1 Strengths
3.6.2 Weaknesses
3.6.3 Opportunities
3.6.4 Threats
3.7 Revenue Analysis
Companies Mentioned
- Masimo Corporation
- Fisher & Paykel Healthcare Corporation
- Drägerwerk AG & Co. KGaA
- Vyaire Medical Inc.
- Baxter International Inc.
- ICU Medical Inc.
- Beijing Aeonmed Co. Ltd.
- Smiths Medical PLC
- Invacare Corporation
- Flexicare Medical Limited
- OMRON Healthcare Inc.
- Bio-Med Devices
- Medtronic Plc.
- Koninklijke Philips
- GE Healthcare
- ResMed In
- Becton Dickinson
- Turn Medical
- Getinge AB
- Inogen Inc.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts

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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | September 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 24.17 Billion |
| Forecasted Market Value ( USD | $ 49.19 Billion |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |


