The Global Anesthesia and Respiratory Devices Market is estimated to be valued at USD 56.12 Bn in 2025 and is expected to reach USD 84.50 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 56.12 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
6.00%
2032 Value Projection:
USD 84.50 Bn
Figure. Anesthesia and Respiratory Devices Market Share (%), By Region, 2025
The global anesthesia and respiratory devices market has been witnessing significant growth over the past few years. Anesthesia is a medically induced coma or state of unconsciousness during surgery to avoid pain sensations. Respiratory devices help in oxygen delivery and breathing assistance during anesthesia administration for surgery and respiratory diseases. The increasing number of surgical procedures, rising prevalence of chronic respiratory diseases, and growth in geriatric population are some of the key factors driving the demand for anesthesia and respiratory devices worldwide. Moreover, technological advancements in the field of patient monitoring, ventilation, and oxygen delivery systems have further augmented the market growth. However, factors such as high costs of advanced anesthesia machines and lack of skilled professionals in developing countries are expected to hinder the market to a certain extent going forward.
Market Dynamics:
The market growth can be attributed to rising factors such as increasing geriatric population base prone to chronic diseases, growing number of surgeries, and technological advancements in patient monitoring devices. It is estimated that around 234 million surgical procedures were performed globally in 2020 which is expected to further rise in the coming years. This will subsequently drive the demand for anesthesia equipment and respiratory devices during surgery. However, factors such as high costs associated with advanced anesthesia machines and lack of skilled professionals in developing economies can act as a restraint. On the other hand, ongoing research & development activities towards developing portable respiratory equipment and integrated operating room models present lucrative opportunities for market expansion.
Key Features of the Study:
This report provides in-depth analysis of the global anesthesia and respiratory devices market and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, and competitive strategies adopted by key players in the global anesthesia and respiratory devices market
It profiles key players in the global anesthesia and respiratory devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include GE Healthcare, Philips Healthcare, Dragerwerk AG, Masimo Corporation, Mindray Medical International Limited, Nihon Kohden Corporation, Teleflex Incorporated, Smiths Medical, Baxter International Inc., Fresenius Kabi AG, Getinge AB, Hill-Rom Holdings, Inc., Covidien (Medtronic), ResMed Inc., and Intersurgical Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global anesthesia and respiratory devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global anesthesia and respiratory devices market
Market Segmentation
By Product Type Insights (Revenue, USD Bn, 2020 - 2032)
Anesthesia devices
Anesthesia Monitoring System
Advanced Anesthesia Monitoring
Anesthesia Gas Monitor
Depth of Anesthesia Monitors
Standalone Capnography Monitors
MRI Compatible Anesthesia Monitor
Basic Anesthesia Monitor
Anesthesia machines
Portable Anesthesia machines
Standalone Anesthesia machines
Anesthesia Workstation
Anesthesia Ventilators
Anesthesia Disposables
Accessories
Respiratory Devices
Therapeutic Devices
Positive Airway Pressure (PAP) Devices
Inhalers
Humidifiers
Oxygen Concentrators
Reusable Resuscitators
Respiratory Mask
Nitric Oxide Delivery Units
Others
Monitoring Devices
Pulse Oximeters
Capnographs
Gas Analyzers
Diagnostic Devices
Spirometer
Peak Flow Meters
Polysomnography Devices
Others
Consumables and Accessories
Tracheostomy Tubes
Others (Nasal Cannulas, etc.)
By End User Insights (Revenue, USD Bn, 2020 - 2032)
Hospitals and Clinics
Ambulatory Surgery Centers
Homecare Settings
Diagnostic Laboratories
Others (Research Institutes)
By Gender Insights (Revenue, USD Bn, 2020 - 2032)
Male
Female
Regional Insights (Revenue, USD Bn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
GE Healthcare
Philips Healthcare
Dragerwerk AG
Masimo Corporation
Mindray Medical International Limited
Nihon Kohden Corporation
Teleflex Incorporated
Smiths Medical
Baxter International Inc.
Fresenius Kabi AG
Getinge AB
Hill-Rom Holdings, Inc.
Covidien (Medtronic)
ResMed Inc.
Intersurgical Ltd.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Anesthesia And Respiratory Devices Market, By Product Type
Global Anesthesia And Respiratory Devices Market, By End User
Global Anesthesia And Respiratory Devices Market, By Gender
Global Anesthesia And Respiratory Devices Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Driver
Restraint
Opportunity
Impact Analysis
Key Developments
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
Industry Trends
4. Global Anesthesia and Respiratory Devices Market, By Product Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Anesthesia devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Anesthesia Monitoring System
Advanced Anesthesia Monitoring
Basic Anesthesia Monitor
Anesthesia machines
Portable Anesthesia machines
Standalone Anesthesia machines
Anesthesia Workstation
Anesthesia Ventilators
Anesthesia Disposables
Accessories
Respiratory Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Therapeutic Devices
Positive Airway Pressure (PAP) Devices
Inhalers
Humidifiers
Oxygen Concentrators
Reusable Resuscitators
Respiratory Mask
Nitric Oxide Delivery Units
Others
Monitoring Devices
Pulse Oximeters
Capnographs,
Gas Analyzers
Diagnostic Devices
Spirometer
Peak Flow Meters
Polysomnography Devices
Others
Consumables and Accessories
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Tracheostomy Tubes
Others (Nasal Cannulas, etc.)
5. Global Anesthesia and Respiratory Devices Market, By End User, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hospitals and Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Ambulatory Surgery Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Homecare Settings
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Diagnostic Laboratories
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others (Research Institutes)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Anesthesia and Respiratory Devices Market, By Gender, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Male
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Female
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Anesthesia and Respiratory Devices Market, By Region, 2020 - 2032, Value (USD Bn)
Introduction
Market Share (%) Analysis, 2025,2028 & 2032, Value (USD Bn)