Digital Respiratory Devices Market Introduction and Overview
According to SPER Market Research, the Global Digital Respiratory Devices Market is estimated to reach USD XX billion by 2034 with a CAGR of 28.73%.
The market growth is driven by the rising incidence of severe chronic respiratory diseases (CRDs) like asthma, COPD, cystic fibrosis, and pulmonary hypertension, fueled by factors such as aging populations, tobacco use, pollution, occupational exposure, and advancements in homecare technologies.
However, the digital respiratory devices market faces challenges such as high costs, limited reimbursement, data security concerns, and the need for strong patient adherence.
By Product: Smart inhalers and nebulizers segment captured the largest market share
The smart inhalers and nebulizers sector dominates the market, with a majority share and the quickest growth. Factors driving this include rising respiratory diseases, air pollution, and patient adherence. Smart inhalers improve medication adherence and inhalation technique compared to traditional ones. The sensors and apps segment is projected to grow at a highest CAGR, fueled by the increasing demand for continuous respiratory monitoring, aging population, and rising life expectancy.
By Indication: COPD segment dominated the market share
In 2021, the COPD segment led the market with over 50% revenue share, affecting 200 million people globally. By 2030, COPD is predicted to rank as the fourth most common cause of deaths. Meanwhile, asthma, with rising prevalence, is projected to grow at a 27.7% CAGR.
By Distribution Channel: The Hospital pharmacies segment has the largest market share
Hospital pharmacies currently dominate the market, accounting for over 35% of revenue in 2021. This segment is driven by the aging population and the increasing prevalence of chronic respiratory diseases. The online pharmacy segment is projected to experience the fastest growth, with a CAGR of 31.1%. This growth is fueled by the expansion of e-pharmacies, increased e-prescription usage, and the rising popularity of online services.
By End User: Hospitals accounted for the largest revenue share for Digital Respiratory Devices Market
In 2021, hospitals held over 50% of the revenue share. This segment is expected to grow due to increased public-private partnerships, healthcare infrastructure advancements, and better healthcare access. The market includes hospitals, homecare, and other settings.
By Region: North America led the market in 2021, driven by high rates of respiratory diseases such as asthma and COPD. Advancements in digital respiratory products and increased acceptance are driving growth. Recent CMS reimbursement updates for RPM and RTM services are expected to further boost market demand for these devices in the US.
Market Competitive Landscape
The Global Digital Respiratory Devices Market is highly consolidated. Some of the market players are 3M Health Care Limited, Adherium Limited, Amiko Digital Health Limited, AireHealth, Inc., Cognita Labs, COHERO Health Inc., FindAir Sp. z o.o, Novartis AG, Pneuma Respiratory Inc., Propeller Health, Teva Pharmaceuticals Industries Ltd., Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2021-2034 |
Base year considered | 2024 |
Forecast period | 2025-2034 |
Segments covered | By Product, By Indication, By, Distribution Channel, By End Use.
|
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
Companies Covered | 3M Health Care Limited, Adherium Limited, Amiko Digital Health Limited, AireHealth, Inc., Cognita Labs, COHERO Health Inc., FindAir Sp. z o.o, Novartis AG, Pneuma Respiratory Inc., Propeller Health, Teva Pharmaceuticals Industries Ltd., Others. |
Key Topics Covered in the Report:
- Global Digital Respiratory Devices Market Size (FY’2025-FY’2034)
- Overview of Global Digital Respiratory Devices Market
- Segmentation of Global Digital Respiratory Devices Market By Product (Smart Inhalers & Nebulizers, Sensors & Apps)
- Segmentation of Global Digital Respiratory Devices Market By Indication (Asthma, COPD, Other Diseases)
- Segmentation of Global Digital Respiratory Devices Market By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)
- Segmentation of Global Digital Respiratory Devices Market By End Use (Hospitals, Homecare Settings, Other Settings)
- Statistical Snap of Global Digital Respiratory Devices Market
- Expansion Analysis of Global Digital Respiratory Devices Market
- Problems and Obstacles in Global Digital Respiratory Devices Market
- Competitive Landscape in the Global Digital Respiratory Devices Market
- Impact of COVID-19 and Demonetization on Global Digital Respiratory Devices Market
- Details on Current Investment in Global Digital Respiratory Devices Market
- Competitive Analysis of Global Digital Respiratory Devices Market
- Prominent Players in the Global Digital Respiratory Devices Market
- SWOT Analysis of Global Digital Respiratory Devices Market
- Global Digital Respiratory Devices Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Digital Respiratory Devices Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Digital Respiratory Devices Market
7. Global Digital Respiratory Devices Market, By Product (USD Million) 2025-2034
7.1. Smart Inhalers & Nebulizers
7.2. Sensors & Apps
8. Global Digital Respiratory Devices Market, By Indication (USD Million) 2025-2034
8.1. Asthma
8.2. COPD
8.3. Other Diseases
9. Global Digital Respiratory Devices Market, By Distribution Channel (USD Million) 2025-2034
9.1. Hospital Pharmacies
9.2. Retail Pharmacies
9.3. Online Pharmacies
10. Global Digital Respiratory Devices Market, By End Use (USD Million) 2025-2034
10.1. Hospitals
10.2. Homecare Settings
10.3. Other Settings
11. Global Digital Respiratory Devices Market Forecast, 2025-2034 (USD Million)
11.1. Global Digital Respiratory Devices Market Size and Market Share
12. Global Digital Respiratory Devices Market, By Region, 2025-2034 (USD Million)
12.1. Asia-Pacific
12.1.1. Australia
12.1.2. China
12.1.3. India
12.1.4. Japan
12.1.5. South Korea
12.1.6. Rest of Asia-Pacific
12.2. Europe
12.2.1. France
12.2.2. Germany
12.2.3. Italy
12.2.4. Spain
12.2.5. United Kingdom
12.2.6. Rest of Europe
12.3. Middle East and Africa
12.3.1. Kingdom of Saudi Arabia
12.3.2. United Arab Emirates
12.3.3. Qatar
12.3.4. South Africa
12.3.5. Egypt
12.3.6. Morocco
12.3.7. Nigeria
12.3.8. Rest of Middle-East and Africa
12.4. North America
12.4.1. Canada
12.4.2. Mexico
12.4.3. United States
12.5. Latin America
12.5.1. Argentina
12.5.2. Brazil
12.5.3. Rest of Latin America
13. Company Profile
13.1. 3M Health Care Limited
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Adherium Limited
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Amiko Digital Health Limited
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. AireHealth, Inc.
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Cognita Labs
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. COHERO Health Inc.
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. FindAir Sp. z o.o
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Novartis AG
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Pneuma Respiratory Inc.
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Propeller Health
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Teva Pharmaceuticals Industries Ltd.
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links