Product Code: MD 9325
The global Medical humidifier market is projected to reach USD 1,211.7 million by 2029 from USD 922.8 million in 2024, at a CAGR of 5.6% during the forecast period. This is due to increasing cases of COPD, asthma, sleep apnea, pneumonia, and bronchitis, growing air pollution, smoking, and climate change are worsening respiratory conditions, necessitating humidification therapy, newborns and infants, especially premature babies, require humidified oxygen therapy in neonatal intensive care units (NICUs), and aging populations and rising healthcare costs are driving a shift toward home-based treatments. But recurring costs for maintenance, replacement parts (filters, chambers), and energy consumption add to financial burden, and poor maintenance or improper cleaning can lead to bacterial and mold growth, increasing infection risks.
Scope of the Report |
Years Considered for the Study | 2022-2029 |
Base Year | 2023 |
Forecast Period | 2023-2029 |
Units Considered | Value (USD million) |
Segments | Product, Application, Distribution Channel, Patient type, End User, and Region |
Regions covered | North America, Europe, APAC, LATAM, MEA, GCC Countries |
"The heated humidifier segment of medical humidifier market by product to hold largest market share during forecast period."
Based on the product, the medical humidifier market is divided into Heated Humidifier, Bubble Humidifier , Heat and Moisture Exchangers (HMEs), and Humidifier Accessories. Among these, in 2023 heated humidifier segment account for the largest market share of in medical humidifier market. This is due to the increasing use of Heated humidifiers in mechanical ventilation, oxygen therapy, and non-invasive ventilation (NIV) to prevent airway dryness and irritation, rising geriatric population who are more prone to respiratory conditions, and regulatory support from the US Food and Drug Administration (FDA), Conformite Europeene (CE) (Europe), and other global bodies ensures product quality and drives market confidence.
"The intensive care unit (ICU) segment of medical humidifier market by application to hold largest market share during the forecast period."
Based on application, the medical humidifier market is segmented into Intensive Care Unit (ICU), Neonatal Care, Respiratory Therapy, and Other Applications. The intensive care unit (ICU) segment accounts for the largest market share in medical humidifier market due to increasing hospitalizations due to severe respiratory diseases, pneumonia, and post-surgical recovery, premature infants require respiratory support with humidified oxygen in neonatal intensive care units (NICUs), and public and private healthcare investments in ICU capacity expansion are increasing humidifier adoption. Moreover, The pandemic highlighted the need for advanced ICU humidification systems for ventilated patients.
"Asia Pacific to hold the highest CAGR of the medical humidifier market by region."
The global medical humidifier market is segmented into six major regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and GCC Countries. Asia Pacific is estimated to grow at the highest CAGR during the forecast period. This is attributed to an aging population and chronic disease management at home. Japan, South Korea, and China's aging populations are more likely to develop respiratory problems and require ICU admissions. The governments of China, India, Japan, and Southeast Asia are investing in ICU growth to improve critical care. Low-birth-weight and premature babies often suffer with respiratory problems and need humidified oxygen therapy. The OECD estimates that the average neonatal mortality rate in lower-middle- and low-income APAC countries in 2022 will be 15.6 deaths per 1,000 live births. Japan, China, India, Australia, and the rest of Asia Pacific comprise the region. In the medical humidifier market in 2023 China boasts the highest market share. This is ascribed to China's aging population, rising awareness, investments in healthcare facilities, and rising frequency of respiratory diseases including COPD and asthma. With more than 280 million individuals aged 60 and above as of the end of 2022, or 19.8% of the whole population, China has the highest aging population worldwide.
A breakdown of the primary participants referred to for this report is provided below:
- By Company Type: Tier 1-30%, Tier 2-46%, and Tier 3- 24%
- By Designation: C-level-25%, Director-level-35% and Others-40%
- By Region: North America-40%, Europe-25%, Asia Pacific-19%, Latin America- 8%, Middle east and Africa - 6%, and GCC Countries - 2 %
Note 1: Note: Companies are classified into tiers based on their total revenue. As of 2023, Tier 1 = >USD 1.0 billion, Tier 2 = USD 500.0 million to USD 1.0 billion, and Tier 3 = <USD 500.0 million.
Note 2: C-level primaries include CEOs, CFOs, COOs, and VPs.
Note 3: Others include sales managers, marketing managers, business development managers, product managers, distributors, and suppliers.
The major players operating in the medical humidifier market are include ResMed Inc. (US), Dragerwerk AG & Co. KGaA (Germany), Fisher & Paykel Healthcare Limited (New Zealand), Koninklijke Philips N.V. (Netherlands), Vincent Medical Holdings Limited (Hong Kong), Medline Industries, LP. (US), Hamilton Medical (Switzerland), GaleMed Corporation (Taiwan), and Eakin Healthcare (UK).
Research Coverage
This report studies the medical humidifier market based on product, application, distribution channel, patient type, end user and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to six major regions (and the respective countries in these regions).
Reasons to Buy the Report
The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.
This report provides insights on the following pointers:
- Analysis of Key divers (Rising use of medical humidifiers in ventilation therapy, Increasing prevalence of respiratory diseases, Rising incidence of premature births and advances in neonatal care, Rapid growth in geriatric population), restraints (Frequent replacement of disposable components, increasing operational costs, Low awareness of the threat of respiratory diseases), Challenge (Risk of infectious due to improper maintenance, High cost of advanced humidifiers to limit adoption), opportunity (Post-pandemic demand for respiratory care, Government and non-government initiatives in respiratory health, Increasing investments in hospital infrastructure in emerging markets)
- Market Penetration: Complete knowledge on the spectrum of products presented by the major companies in the medical humidifier market
- Product Development/Innovation: Comprehensive understanding of the forthcoming trends, research and development initiatives, and new products introductions within the medical humidifier market
- Market Development: Complete knowledge about profitable developing regions
- Market Diversification: Exhaustive knowledge on new goods, expanding geographies, and current changes in the medical humidifier industry helps to diversify the market
- Competitive Assessment: Comprehensive evaluation of market segmentation, development plans, income analysis, and goods of the top market participants.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED & REGIONS CONSIDERED
- 1.3.2 INCLUSIONS & EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.3.4 CURRENCY CONSIDERED
- 1.4 STAKEHOLDERS
- 1.4.1 IMPACT OF AI/GENERATIVE AI
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Primary sources
- 2.1.2.2 Key data from primary sources
- 2.1.2.3 Key industry insights
- 2.1.2.4 Breakdown of primary interviews
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.1.1 Approach 1: Company revenue estimation approach
- 2.2.1.2 Approach 2: Presentations of companies and primary interviews
- 2.2.1.3 Growth forecast
- 2.2.1.4 CAGR projections
- 2.2.2 TOP-DOWN APPROACH
- 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
- 2.4 MARKET SHARE ASSESSMENT
- 2.5 RESEARCH ASSUMPTIONS
- 2.6 STUDY LIMITATIONS
- 2.7 GROWTH RATE ASSUMPTIONS
- 2.8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 MEDICAL HUMIDIFIER MARKET OVERVIEW
- 4.2 ASIA PACIFIC MEDICAL HUMIDIFIER MARKET SHARE, BY APPLICATION AND COUNTRY
- 4.3 MEDICAL HUMIDIFIER MARKET, BY COUNTRY
- 4.4 MEDICAL HUMIDIFIER MARKET, REGIONAL MIX, 2024 VS. 2029
- 4.5 MEDICAL HUMIDIFIER MARKET: EMERGING ECONOMIES VS. DEVELOPED MARKETS
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Rising use of medical humidifiers in ventilation therapy
- 5.2.1.2 Increasing prevalence of respiratory diseases
- 5.2.1.3 Rising incidence of premature births and advances in neonatal care
- 5.2.1.4 Rapid growth in geriatric population
- 5.2.2 RESTRAINTS
- 5.2.2.1 Frequent replacement of disposable components, increasing operational costs
- 5.2.2.2 Low awareness of threat of respiratory diseases
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Post-pandemic demand for respiratory care
- 5.2.3.2 Government and non-government initiatives in respiratory health
- 5.2.3.3 Increasing investments in hospital infrastructure in emerging markets
- 5.2.4 CHALLENGES
- 5.2.4.1 Risk of infections due to improper maintenance
- 5.2.4.2 High cost of advanced humidifiers to limit adoption
- 5.3 PRICING ANALYSIS
- 5.3.1 AVERAGE SELLING PRICE TREND, BY KEY PLAYER
- 5.3.2 AVERAGE SELLING PRICE TREND, BY REGION
- 5.3.3 AVERAGE SELLING PRICE TREND, BY PRODUCT
- 5.4 VALUE CHAIN ANALYSIS
- 5.4.1 RESEARCH & DEVELOPMENT (R&D)
- 5.4.2 MANUFACTURING
- 5.4.3 DISTRIBUTION AND MARKETING & SALES
- 5.4.4 POST-SALES SERVICES
- 5.5 SUPPLY CHAIN ANALYSIS
- 5.5.1 PROMINENT COMPANIES
- 5.5.2 SMALL AND MEDIUM-SIZED ENTERPRISES
- 5.5.3 END USERS
- 5.6 ECOSYSTEM ANALYSIS
- 5.7 REGULATORY LANDSCAPE
- 5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.7.2 REGULATORY FRAMEWORK
- 5.7.2.1 North America
- 5.7.2.1.1 US
- 5.7.2.1.2 Canada
- 5.7.2.2 Europe
- 5.7.2.3 Asia Pacific
- 5.7.2.3.1 China
- 5.7.2.3.2 Japan
- 5.7.2.3.3 India
- 5.7.2.4 Latin America
- 5.8 PATENT ANALYSIS
- 5.9 TRADE ANALYSIS
- 5.9.1 IMPORT DATA FOR HS CODE 901920
- 5.9.2 EXPORT DATA FOR HS CODE 901920
- 5.10 KEY CONFERENCES & EVENTS, 2025-2026
- 5.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
- 5.12 TECHNOLOGY ANALYSIS
- 5.12.1 KEY TECHNOLOGIES
- 5.12.1.1 Heating technology
- 5.12.2 COMPLEMENTARY TECHNOLOGIES
- 5.12.2.1 Bubble diffusion technology
- 5.13 PORTER'S FIVE FORCES ANALYSIS
- 5.13.1 THREAT OF NEW ENTRANTS
- 5.13.2 THREAT OF SUBSTITUTES
- 5.13.3 BARGAINING POWER OF SUPPLIERS
- 5.13.4 BARGAINING POWER OF BUYERS
- 5.13.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.14 KEY STAKEHOLDERS & BUYING CRITERIA
- 5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.14.2 BUYING CRITERIA
- 5.15 INVESTMENT & FUNDING SCENARIO
- 5.16 IMPACT OF AI/GENERATIVE AI ON MEDICAL HUMIDIFIER MARKET
- 5.16.1 INTRODUCTION
- 5.16.2 AI USE CASES
- 5.16.3 AI IN MEDICAL HUMIDIFIERS
6 MEDICAL HUMIDIFIER MARKET, BY PRODUCT
- 6.1 INTRODUCTION
- 6.2 HEATED HUMIDIFIERS
- 6.2.1 RISING PREVALENCE OF CHRONIC RESPIRATORY DISEASES TO DRIVE MARKET
- 6.3 HEAT & MOISTURE EXCHANGERS
- 6.3.1 RISING DEMAND FOR COST-EFFECTIVE AND DISPOSABLE HMES TO DRIVE MARKET
- 6.4 BUBBLE HUMIDIFIERS
- 6.4.1 TECHNOLOGICAL ADVANCEMENTS IN HUMIDIFICATION SYSTEMS TO PROPEL MARKET GROWTH
- 6.5 HUMIDIFIER ACCESSORIES
- 6.5.1 INCREASED REPLACEMENT FREQUENCY OF ACCESSORIES TO FUEL DEMAND
7 MEDICAL HUMIDIFIER MARKET, BY APPLICATION
- 7.1 INTRODUCTION
- 7.2 INTENSIVE CARE UNITS
- 7.2.1 INCREASE IN ICU ADMISSIONS TO DRIVE MARKET GROWTH
- 7.3 NEONATAL CARE
- 7.3.1 RISING PRETERM BIRTHS AND NEONATAL COMPLICATIONS TO DRIVE MARKET
- 7.4 RESPIRATORY THERAPY
- 7.4.1 RISING PREVALENCE OF CHRONIC RESPIRATORY DISEASES TO DRIVE DEMAND
- 7.5 OTHER APPLICATIONS
8 MEDICAL HUMIDIFIER MARKET, DISTRIBUTION CHANNEL
- 8.1 INTRODUCTION
- 8.2 HOSPITAL PHARMACIES
- 8.2.1 GROWING PREVALENCE OF RESPIRATORY DISORDERS AND BULK PURCHASES OF MEDICAL HUMIDIFIERS TO DRIVE MARKET
- 8.3 RETAIL PHARMACIES
- 8.3.1 RISING DEMAND FOR HOME-BASED RESPIRATORY CARE SOLUTIONS TO DRIVE MARKET
- 8.4 ONLINE PHARMACIES
- 8.4.1 RISE IN E-COMMERCE ADOPTION AND DIGITAL TRANSFORMATION IN HEALTHCARE TO SUPPORT MARKET GROWTH
9 MEDICAL HUMIDIFIER MARKET, BY PATIENT TYPE
- 9.1 INTRODUCTION
- 9.2 ADULT PATIENTS
- 9.2.1 RISING PREVALENCE OF CHRONIC RESPIRATORY DISEASES TO DRIVE THE MARKET
- 9.3 NEONATAL PATIENTS
- 9.3.1 RISE IN PRETERM BIRTHS AND NEONATAL COMPLICATIONS TO PROPEL MARKET GROWTH
- 9.4 PEDIATRIC PATIENTS
- 9.4.1 RISE IN PRETERM BIRTHS AND NEONATAL COMPLICATIONS TO PROPEL GROWTH
10 MEDICAL HUMIDIFIER MARKET, BY END USER
- 10.1 INTRODUCTION
- 10.2 HOSPITALS & AMBULATORY SURGERY CENTERS
- 10.2.1 RISING NUMBER OF ICU ADMISSIONS AND PREFERENCE FOR AMBULATORY SURGERY TO DRIVE DEMAND
- 10.3 HOME CARE SETTINGS
- 10.3.1 RISING ELDERLY POPULATION TO DRIVE DEMAND FOR HOME-USE DEVICES
- 10.4 SPECIALTY CLINICS
- 10.4.1 INCREASING PREVALENCE OF CHRONIC RESPIRATORY DISORDERS TO DRIVE MARKET
- 10.5 OTHER END USERS
11 MEDICAL HUMIDIFIER MARKET, BY REGION
- 11.1 INTRODUCTION
- 11.2 NORTH AMERICA
- 11.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
- 11.2.2 US
- 11.2.2.1 Rising premature births and advances in neonatal care to drive market
- 11.2.3 CANADA
- 11.2.3.1 Increasing prevalence of respiratory diseases to drive market
- 11.3 EUROPE
- 11.3.1 EUROPE: MACROECONOMIC OUTLOOK
- 11.3.2 GERMANY
- 11.3.2.1 Increasing public healthcare expenditure to foster market growth
- 11.3.3 UK
- 11.3.3.1 Increasing incidence of respiratory conditions such as COPD and asthma to drive market
- 11.3.4 FRANCE
- 11.3.4.1 High prevalence of COPD to surge demand
- 11.3.5 ITALY
- 11.3.5.1 Increasing geriatric population to support demand for humidifiers
- 11.3.6 SPAIN
- 11.3.6.1 Need to improve healthcare infrastructure due to aging demographic to drive demand
- 11.3.7 REST OF EUROPE
- 11.4 ASIA PACIFIC
- 11.4.1 ASIA PACIFIC: MACROECONOMIC OUTLOOK
- 11.4.2 CHINA
- 11.4.2.1 Growing elderly demographic to propel market
- 11.4.3 JAPAN
- 11.4.3.1 High prevalence of respiratory diseases to drive market growth
- 11.4.4 INDIA
- 11.4.4.1 Expanding healthcare infrastructure to drive demand
- 11.4.5 AUSTRALIA
- 11.4.5.1 High prevalence of COPD & asthma to drive market growth
- 11.4.6 REST OF ASIA PACIFIC
- 11.5 LATIN AMERICA
- 11.5.1 HIGH NEONATAL MORTALITY RATE TO DRIVE MARKET
- 11.5.2 LATIN AMERICA: MACROECONOMIC OUTLOOK
- 11.6 MIDDLE EAST & AFRICA
- 11.6.1 PRESENCE OF UNSATURATED MARKETS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES TO PLAYERS
- 11.6.2 MIDDLE EAST &AFRICA: MACROECONOMIC OUTLOOK
- 11.7 GCC COUNTRIES
- 11.7.1 SIGNIFICANT INVESTMENTS IN DEVELOPMENT AND EXPANSION OF HEALTHCARE INFRASTRUCTURE TO DRIVE MARKET
- 11.7.2 GCC COUNTRIES: MACROECONOMIC OUTLOOK
12 COMPETITIVE LANDSCAPE
- 12.1 OVERVIEW
- 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022-2025
- 12.3 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
- 12.4 REVENUE ANALYSIS, 2021-2023
- 12.5 MARKET SHARE ANALYSIS, 2023
- 12.5.1 RANKING OF KEY MARKET PLAYERS
- 12.6 COMPANY SHARE ANALYSIS, BY PRODUCT
- 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 12.7.1 STARS
- 12.7.2 EMERGING LEADERS
- 12.7.3 PERVASIVE PLAYERS
- 12.7.4 PARTICIPANTS
- 12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
- 12.7.5.1 Company footprint
- 12.7.5.2 Region footprint
- 12.7.5.3 Product footprint
- 12.7.5.4 Application footprint
- 12.7.5.5 End-user footprint
- 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
- 12.8.1 PROGRESSIVE COMPANIES
- 12.8.2 RESPONSIVE COMPANIES
- 12.8.3 DYNAMIC COMPANIES
- 12.8.4 STARTING BLOCKS
- 12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
- 12.8.5.1 Detailed list of key startups/SMEs
- 12.8.5.2 Competitive benchmarking of key emerging players/startups
- 12.9 COMPANY VALUATION & FINANCIAL METRICS
- 12.9.1 FINANCIAL METRICS
- 12.9.2 COMPANY VALUATION
- 12.10 BRAND/PRODUCT COMPARISON
- 12.11 COMPETITIVE SCENARIO
- 12.11.1 PRODUCT LAUNCHES
- 12.11.2 DEALS
- 12.11.3 EXPANSIONS
13 COMPANY PROFILES
- 13.1 KEY PLAYERS
- 13.1.1 FISHER & PAYKEL HEALTHCARE LIMITED
- 13.1.1.1 Business overview
- 13.1.1.2 Products offered
- 13.1.1.3 Recent developments
- 13.1.1.3.1 Product launches
- 13.1.1.3.2 Expansions
- 13.1.1.4 MnM view
- 13.1.1.4.1 Key strengths
- 13.1.1.4.2 Strategic choices made
- 13.1.1.4.3 Weaknesses and competitive threats
- 13.1.2 RESMED INC.
- 13.1.2.1 Business overview
- 13.1.2.2 Products offered
- 13.1.2.3 MnM view
- 13.1.2.3.1 Key strengths
- 13.1.2.3.2 Strategic choices made
- 13.1.2.3.3 Weaknesses and competitive threats
- 13.1.3 DRAGERWERK AG & CO. KGAA
- 13.1.3.1 Business overview
- 13.1.3.2 Products offered
- 13.1.3.3 MnM view
- 13.1.3.3.1 Key strengths
- 13.1.3.3.2 Strategic choices made
- 13.1.3.3.3 Weaknesses and competitive threats
- 13.1.4 KONINKLIJKE PHILIPS N.V.
- 13.1.4.1 Business overview
- 13.1.4.2 Products offered
- 13.1.5 VINCENT MEDICAL HOLDINGS LIMITED
- 13.1.5.1 Business overview
- 13.1.5.2 Products offered
- 13.1.5.3 Recent developments
- 13.1.6 MEDLINE INDUSTRIES, LP.
- 13.1.6.1 Business overview
- 13.1.6.2 Products offered
- 13.1.6.3 Recent developments
- 13.1.6.3.1 Deals
- 13.1.6.3.2 Expansions
- 13.1.7 HAMILTON MEDICAL
- 13.1.7.1 Business overview
- 13.1.7.2 Products offered
- 13.1.7.3 Recent developments
- 13.1.8 GALEMED CORPORATION
- 13.1.8.1 Business overview
- 13.1.8.2 Products offered
- 13.1.8.3 Recent developments
- 13.1.8.3.1 Product launches
- 13.1.9 EAKIN HEALTHCARE
- 13.1.9.1 Business overview
- 13.1.9.2 Products offered
- 13.2 OTHER PLAYERS
- 13.2.1 VADI MEDICAL TECHNOLOGY CO., LTD.
- 13.2.2 SHENYANG RMS MEDICAL TECH CO., LTD
- 13.2.3 FLEXICARE (GROUP) LIMITED
- 13.2.4 BESMED HEALTH BUSINESS CORP
- 13.2.5 LOWENSTEIN MEDICAL SE & CO. KG
- 13.2.6 INTERSURGICAL
- 13.2.7 PRECISION MEDICAL, INC.
- 13.2.8 DRIVE DEVILBISS INTERNATIONAL
- 13.2.9 NEOKRAFT MEDICAL PVT. LTD.
- 13.2.10 DYNAREX CORPORATION
- 13.2.11 HSI LLC.
- 13.2.12 TRUDELL MEDICAL LIMITED
- 13.2.13 GREAT GROUP MEDICAL CO., LTD.
- 13.2.14 FANEM
- 13.2.15 HEYER MEDICAL AG
- 13.2.16 BIOSYS
14 APPENDIX
- 14.1 DISCUSSION GUIDE
- 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 14.3 CUSTOMIZATION OPTIONS
- 14.4 RELATED REPORTS
- 14.5 AUTHOR DETAILS