Non-Invasive Respiratory Monitoring Market Trends

Growth Drivers

Rising Geriatric Population - Elderly patients frequently have acute respiratory failure, which has led to an increase in the adoption of non-invasive respiratory monitoring as a useful substitute for older hospital patients since it causes less discomfort. For instance, more than 770 million individuals worldwide were 65 years of age or older in 2022, making up about 9% of the world's population.
Increasing Popularity of Non-Invasive Procedures - Their ability to shorten recuperation times, and cost-effectiveness has only served to boost the appeal of non-invasive procedures over time.

Challenges

Lack of awareness and education - Many healthcare professionals and individuals in lower economic regions are not aware of non-invasive respiratory monitoring owing to a lack of education arising from the availability of limited resources. As a result, practitioners are less likely to adopt these devices into their practice, which is expected to impede market growth. Moreover, this may also lead to lower funding in research and development of these technologies.
Difficulty associated with ensuring consistent respiratory measurements can limit the adoption
Lack of standardization may limit the non-invasive respiratory monitoring market growth

Non-Invasive Respiratory Monitoring Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	6.2%
Base Year Market Size (2024)	USD 9.09 billion
Forecast Year Market Size (2037)	USD 19.87 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of non-invasive respiratory monitoring is assessed at USD 9.54 billion.

The non-invasive respiratory monitoring market size was over USD 9.09 billion in 2024 and is projected to reach USD 19.87 billion by 2037, witnessing around 6.2% CAGR during the forecast period i.e., between 2025-2037. The growing burden of respiratory disorders across the globe and the rising geriatric population will boost the market growth.

North America industry is estimated to dominate majority revenue share of 40% by 2037, impelled by increasing spending in healthcare in the region.

The major players in the market are Koninklijke Philips N.V., Medtronic, Teleflex Incorporated, Nihon Kohden Corporation, Novelda AS, Welch Allyn, Inc. (Hill-Rom Holdings, Inc.), ResMed, Masimo, COSMED srl, MGC Diagnostics Corporation, OMRON Healthcare, and others.

Non-Invasive Respiratory Monitoring Market Trends