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- The respiratory care devices market is expected to rise from US$ 24.16 billion in 2024 to US$ 49.19 billion by 2033 at a compound annual growth rate (CAGR) of 8.22% between 2025 and 2033. It is driven by the rise in cases of respiratory disorders, including asthma, COPD, and sleep apnea, and increasing demand for advanced devices like ventilators and oxygen concentrators.
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