India Respiratory Care Devices Market to Grow with a CAGR of 7.07% through 2030
Growing incidences of respiratory diseases is expected to drive the growth of India respiratory care device market during the forecast period 2026-2030
According
to TechSci Research report, “India Respiratory Care Devices Market - By Region, Competition, Opportunities and Forecast, 2020-2030F”, India Respiratory Care Devices
Market was valued at USD 1.50 billion in 2024 and is anticipated to witness
an impressive growth in the forecast period with a CAGR of 7.07% through 2030.
Collaborations and partnerships among leading companies, leveraging their diverse expertise, strengthen their market position. Awareness and education are pivotal in driving the demand for respiratory care devices. Increased awareness encourages individuals to seek early medical attention for respiratory symptoms, leading to more frequent diagnoses of conditions such as asthma, COPD, and sleep apnea, thus boosting the demand for diagnostic and therapeutic respiratory care devices.
Informed individuals tend to actively manage their health, adhering to treatment plans, using prescribed devices, and regularly monitoring their symptoms. This drives the demand for devices like inhalers, nebulizers, and pulse oximeters. Awareness campaigns targeting healthcare providers result in more frequent and accurate diagnoses, with well-informed physicians, pulmonologists, and primary care providers more likely to recommend and prescribe appropriate respiratory care devices.
With information readily available through the internet and educational materials, patients can learn about their conditions and treatment options, empowering them to request specific devices or therapies. Public awareness campaigns conducted by healthcare organizations, government agencies, and non-profits emphasize the importance of using respiratory care devices, thereby promoting better health outcomes.
Affordability remains a significant challenge in the India Respiratory Care Devices Market. High upfront costs for devices such as ventilators, oxygen concentrators, and continuous positive airway pressure (CPAP) machines can be prohibitive for both healthcare facilities and individual patients, especially those with limited financial resources. Health insurance coverage in India is not universal, and even when available, it may not cover the full cost of respiratory care devices. This often results in substantial out-of-pocket expenses for patients, making these devices less affordable. Additionally, respiratory care devices require ongoing maintenance, consumable replacements (e.g., filters and tubing), and periodic servicing, which further strains financial resources.
Affordability challenges are more pronounced in rural and underserved areas where healthcare infrastructure is limited, and income levels are generally lower. The accessibility and affordability of respiratory care devices vary significantly across different regions of India, reflecting the country's diverse economic landscape. While some segments of the population can afford high-end respiratory care devices, many others struggle to make such investments.
Browse
over XX market data Figures and spread through XX
Pages and an in-depth TOC on " India Respiratory Care Devices Market”
India Respiratory Care Devices Market is segmented based
on Product Type, Indication, End-user, and by region.
Based
on the Indication, Asthma segment and is predicted to continue expanding over the coming years. Asthma is a common chronic respiratory condition in India. The country has a significant number of people suffering from asthma due to various factors, including pollution, allergens, and genetic predisposition. The high prevalence of asthma naturally drives the demand for respiratory care devices designed for asthma management. Many urban areas in India experience high levels of air pollution, which can exacerbate respiratory conditions like asthma. This is particularly prominent in regions with increased industrialization and vehicular emissions. People living in these areas often require respiratory care devices to manage their asthma symptoms. There has been a growing awareness about respiratory conditions and the importance of early diagnosis and management. As a result, more individuals with asthma are seeking medical attention and utilizing respiratory care devices as part of their treatment regimen. Inhalers and nebulizers, which are commonly used to manage asthma, are considered respiratory care devices. These devices are widely available and prescribed by healthcare professionals to asthmatic patients. The ease of use and effectiveness of these devices contribute to their prevalence in the market. The Indian government and various healthcare organizations have launched initiatives to raise awareness about asthma and other respiratory conditions. These initiatives often stress the importance of timely diagnosis and treatment, which can include the use of respiratory care devices.
Some of the major companies
operating in the India Respiratory
Care Devices Market include:
- India
Medtronic Private Limited
- ResMed
India Pvt. Ltd.
- Koninklijke
Philips N.V.
- Masimo
Corp
- Getinge
Medical India Pvt. Ltd.
- Drägerwerk
AG & Co. KGaA
- Fisher
& Paykel Healthcare India Pvt Ltd
- Wipro
GE Healthcare Pvt Ltd
- Hill-Rom
India Private, Ltd.
- Becton,
Dickinson and Company
- Opto
Circuits India Ltd.
- Omron
Healthcare India Pvt. Ltd.
- Nihon Kohden
Download Free Sample Report
Customers can also request
for 10% free customization on this report
“India Respiratory Care Devices Market shows promising growth driven by advancements in technology and increasing healthcare awareness, significant challenges remain in terms of affordability and equitable access across diverse economic and geographic segments. Addressing these challenges will be crucial for ensuring widespread adoption and effective management of respiratory conditions, thereby improving overall healthcare outcomes in the country", said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based Global management
consulting firm.
"India Respiratory Care Devices Market By Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories), By Indication (Chronic Obstructive Pulmonary Disease, Infectious Diseases, Asthma, Sleep Apnea, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, Competition, Opportunities and Forecast, 2020-2030F", has evaluated the future growth
potential of India Respiratory Care Devices Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide innovative market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Respiratory Care Devices Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com