Report Overview

Indian Respiratory Devices Market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of around 7.12% during the forecast period.

There is a high incidence rate of respiratory diseases in India. Rapid urbanization in the developing economy and a large amount of pollution contributing to the respiratory diseases. The Indian respiratory devices market is expected to show a rapid growth due to the increasing prevalence of respiratory disorders, such as COPD, TB, asthma, and sleep apnea, along with technological advancements and increasing applications in-home care settings. About 2.5-5% of Indian suffers from respiratory ailments with asthma and other respiratory diseases such as chronic bronchitis, emphysema, and COPD in India. The large share of COPD segment can be attributed to the increasing prevalence of smoking and environmental factors. This segment is also expected to show the highest growth in the market, followed by asthma.



Market Drivers

The growth of this market is mainly attributed to the high prevalence of respiratory diseases, high prevalence of smoking, rising urbanization and pollution levels, increasing incidence of preterm births, and lifestyle change, growth in the geriatric population, rising incidence of chronic diseases (including COPD and asthma), and the cost advantages of home care devices and services and the Infectious respiratory diseases directly drive demand for respiratory care. COVID-19 pandemic has resulted in a surge in demand for personal protection equipment and ventilators, among others. The awareness about these diseases and healthcare facilities and the government investment in mitigating respiratory ailments, rise in the ageing population, etc. are the factors help in driving the respiratory devices market in India.