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Medical Humidifier Market Share

Report ID: GMI7584
Published Date: Dec 2023
Report Format: PDF

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Medical Humidifier Market Share

The medical humidifier industry is consolidated, with key players including, Medtronic plc, Koninklijke Philips N.V, and others dominating the market space. These companies focus on ongoing channel innovation, geographical expansion, and partnerships to secure substantial market share. For instance, in August 2022, Levoit launched the OasisMist Smart Humidifier, a double mist humidifier designed to create a spa-like experience while promoting beauty and wellness advantages. This product offers a quick-humidifying technology, user-friendly design, and sleep mode for all seasons, and produces a continuous fine mist for up to 45 hours. Such innovative product launches are estimated to augment business expansion.

Some of the eminent market participants operating in the medical humidifier industry include:

Medtronic plc
Fisher & Paykel Healthcare
ResMed
Vadi Medical Technology
Koninklijke Philips N.V
Acare Technology Co., Ltd.
Teleflex Incorporated
OasisMist
Precision Medical, Inc.
GE Healthcare
Hamilton Medical
Becton, Dickinson, and Company
Braun & Company Ltd
Air Liquide
Heinen + Löwenstein

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Medical humidifier industry size was USD 690 million in 2022 and is expected to reach USD 1.2 billion by 2032 due to increased adoption of home healthcare devices by the geriatric population base worldwide.

Medical humidifier industry size from the heated humidifier type segment recorded USD 224 million in 2022 and is expected to register an appreciable CAGR from 2023-2032 owing to their frequent usage in respiratory therapy to offer patients with warm and moist air.

U.S. medical humidifier industry size reached USD 197 million in 2022 and is expected to register a commendable CAGR from 2023-2032 due to the presence of major business players, increasing patient population base, and substantial healthcare expenditure in the region.

Medtronic plc, Fisher & Paykel Healthcare, ResMed, Vadi Medical Technology, Koninklijke Philips N.V, Acare Technology Co., Ltd., Teleflex Incorporated, and OasisMist are some of the major medical humidifier companies worldwide.