ANESTHESIA AND RESPIRATORY DEVICES MARKET ANALYSIS

Regional Analysis

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North America Anesthesia And Respiratory Devices Market Trends

In North America, the dominance in the anesthesia and respiratory devices market with a share of 42.3% in 2025 can be attributed to factors such as the strong presence of major players, favorable government policies supporting medical technology innovation and adoption, and higher healthcare expenditure. Countries like the U.S. and Canada have seen significant investments from players aiming to develop advanced products.

Asia Pacific Anesthesia And Respiratory Devices Market Trends

Meanwhile, the Asia Pacific region exhibits the fastest growth with a share of 25.5% in 2025, led by countries like China, India, Japan, and South Korea. Rapid economic development and rising affluence have increased access to healthcare in the region. Governments are focusing on strengthening their healthcare systems to meet domestic demand as well as tap into medical tourism. Leading global companies like GE Healthcare are shifting their low-cost manufacturing base to the region and collaborating with local players.

Anesthesia and Respiratory Devices Market Outlook for Key Countries

United States Anesthesia and Respiratory Devices Market Trends

In 2024, the U.S. held the largest share of the global anesthesia and respiratory devices market, driven by favorable reimbursement policies encouraging device adoption. For instance,, a key milestone occurred in March 2024 with the introduction of the Supplemental Oxygen Access Reform (SOAR) Act by a U.S. Congressman, aimed at enhancing access to supplemental oxygen for Medicare beneficiaries. This legislation is expected to significantly boost the nationwide adoption of oxygen concentrators. Additionally, increasing healthcare spending in the U.S. is fueling the anesthesia and respiratory devices market growth.

U.K. Anesthesia and Respiratory Devices Market Trends

The U.K. held a significant share of the anesthesia and respiratory devices market in 2024, driven by active participation from market players and organizations in creating cost-effective respiratory solutions. Notably, for instance, in February 2022, OxVent, a low-cost, rapidly deployable ventilator developed through a collaboration between the University of Oxford and King’s College London, received approval for large-scale production and adoption as a social enterprise.

France Anesthesia and Respiratory Devices Market Trends

The anesthesia and respiratory devices market in France has been positively impacted by the proactive efforts of market players. For instance, in August 2020, ZOOOK, a France-based lifestyle brand, launched the Oximate Finger Tip Pulse Oximeter. Designed for precision, this compact device monitors pulse rates and blood oxygen saturation levels, featuring a single-button function for ease of use and a comfortable design to enhance user experience. By expanding its health-tech product lineup with this device, ZOOOK has strengthened its market position and supported the growth of the pulse oximeter market in France.

India Anesthesia And Respiratory Devices Market Trends

The anesthesia and respiratory devices market in India is bolstered by increasing initiatives. For instance,, in May 2021, Koninklijke Philips N. V., a health technology company, announced a 7% price reduction on its oxygen concentrators in India, reflecting the government's custom duty reduction. This move lowered the maximum retail price (MRP) of the device from USD 1,012 to USD 940, making it more accessible to consumers.