Respiratory Devices Market to Grow from US$23.45 Billion in 2024 to US$49.90 Billion by 2033 at 8.8% CAGR as Therapeutic Devices Lead with 40% Share, Driven by Medtronic, Koninklijke Philips N.V., and ResMed Inc.

AI Briefing

• – Respiratory devices market expected to reach $49.90B by 2033 with 8.8% CAGR, driven by therapeutic devices led by Medtronic, Koninklijke Philips N.V., and ResMed Inc.
• – Therapeutic devices account for 40% market share, growing due to increasing healthcare focus on advanced respiratory care
• – Market growth driven by increasing demand for home and portable respiratory devices