India Anesthesia & Respiratory Devices Market Size & Outlook

The anesthesia & respiratory devices market in India is expected to reach a projected revenue of US$ 985.0 million by 2030. A compound annual growth rate of 8.3% is expected of India anesthesia & respiratory devices market from 2023 to 2030.
Revenue, 2022 (US$M)
$519.4
Forecast, 2030 (US$M)
$985.0
CAGR, 2023 - 2030
8.3%
Report Coverage
India

India anesthesia & respiratory devices market, 2018-2030 (US$M)

India

India anesthesia & respiratory devices market highlights

  • The India anesthesia & respiratory devices market generated a revenue of USD 519.4 million in 2022 and is expected to reach USD 985.0 million by 2030.
  • The India market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
  • In terms of segment, respiratory devices was the largest revenue generating product in 2022.
  • Respiratory devices is the most lucrative product segment registering the fastest growth during the forecast period.


Anesthesia & respiratory devices market data book summary

Market revenue in 2022USD 519.4 million
Market revenue in 2030USD 985.0 million
Growth rate8.3% (CAGR from 2022 to 2030)
Largest segmentRespiratory devices
Fastest growing segmentRespiratory devices
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRespiratory devices, Anesthesia devices
Key market players worldwidePortland General Electric Co, Medtronic PLC, Teleflex Inc, Koninklijke Philips NV, Draegerwerk AG & Co KGaA, Getinge AB ADR, Smiths Group PLC, Fisher & Paykel Healthcare Corp Ltd, Masimo Corp, B. Braun, ResMed Inc, shenzhen mindray automation equipment co.


Other key industry trends

  • In terms of revenue, India accounted for 1.1% of the global anesthesia & respiratory devices market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan anesthesia & respiratory devices market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,547.9 million by 2030.

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Anesthesia & Respiratory Devices Market Companies

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India anesthesia and respiratory devices market size, by product, 2018-2030 (US$M)

India Anesthesia & Respiratory Devices Market Outlook Share, 2022 & 2030 (US$M)

India anesthesia and respiratory devices market size, by product, 2018-2030 (US$M)

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