South America Respiratory Monitoring Market Size and Share

South America Respiratory Monitoring Market Summary
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South America Respiratory Monitoring Market Analysis by Mordor Intelligence

The South American respiratory monitoring market stands at USD 214.32 million in 2025 and is on track to reach USD 304.83 million by 2030, advancing at a 7.3% CAGR. Digitization lessons learned during the pandemic, supportive regulatory shifts, and an aging population living longer with chronic respiratory diseases jointly underpin this steady expansion. Governments are simplifying device approvals, broadband penetration is enabling real-time data transfer, and patients are seeking continuous, home-based care that blends hardware with cloud analytics. Together, these trends are accelerating product rollout, broadening clinical applications, and opening new commercial pathways across the region. Brazil’s health ministry confirmed the lowest COVID-19 case load since 2020 in early 2025, yet national agendas still prioritize respiratory readiness, screening, and surveillance programs. Colombia’s 192% surge in respiratory telecare visits during the pandemic left a lasting digital foundation. COPD prevalence in Greater São Paulo sits at 15.8%, with 87.5% of cases undiagnosed, underscoring a large latent market for screening equipment. Capnographs, AI-enabled wearables, and cloud-connected platforms are gaining momentum, while home-care services record double-digit growth as reimbursement frameworks widen.

Key Report Takeaways

  • By device type, spirometers led with a 33.3% revenue share in 2024, while capnography is set to grow at a 14.3% CAGR through 2030. 
  • By technology, conventional table-top units held 34.5% of the South American respiratory monitoring market share in 2024; AI-integrated and cloud-connected devices will rise at a 16.9% CAGR to 2030. 
  • By end user, hospitals and ICUs commanded 43.6% of the South American respiratory monitoring market size in 2024; home-care settings are projected to expand at 15.2% CAGR to 2030. 
  • By application, COPD accounted for 36.2% demand in 2024, whereas sleep apnea monitoring is growing at 14.4% CAGR. 
  • By country, Brazil captured 50.4% of 2024 revenues, while Colombia is forecast to lead growth at 12.3% CAGR through 2030. 

Segment Analysis

By Device Type: Spirometers Anchor Diagnostics While Capnographs Surge

Spirometers remain the cornerstone of pulmonary evaluation, accounting for 33.3% of 2024 revenues. Rigorous guidelines from the Latin American Thoracic Association standardize test protocols and secure ongoing purchases for primary and secondary care centers. Peak-flow meters support routine self-management, whereas full polysomnography systems address a growing sleep-disorder workload.

Capnographs post the fastest 14.3% CAGR thanks to integrations within multi-parameter monitors that visualize ventilation in real time. Partnerships such as Masimo and Philips expand installed bases in ICUs and surgical suites, reinforcing networked care models. Pulse oximetry continues to spread through home-care packs, while niche research sensors cater to specialized procedures.

South America Respiratory Monitoring Market: Market Share by Device Type
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By Technology: AI-Integrated Platforms Disrupt Conventional Tableside Tools

Conventional table-top hardware held 34.5% of the South American respiratory monitoring market share in 2024. Hand-held devices add portability for outpatient screening, and wireless adapters streamline data uploads to electronic records. Yet the momentum clearly favors intelligent, cloud-connected systems, which exhibit a 16.9% CAGR. Smart masks and AI-driven ventilator algorithms convert high-frequency data into forecasts of decompensation, allowing timely intervention. Vendors that combine firmware updates, analytics dashboards, and secure cloud storage continue to outpace pure hardware rivals in the South American respiratory monitoring market.

By End User: Home-Care Growth Challenges Hospital Dominance

Hospitals and ICUs contributed 43.6% of 2024 sales, reflecting legacy purchasing cycles and critical-care needs. Sleep labs, specialty clinics, and occupational health centers follow in volume. Home-care now grows 15.2% per year as payers accept remote device data in reimbursement submissions and patients favor comfort and convenience. Certified tele-respiratory programs support device dispatch, onboarding, and outcome tracking, shifting revenue away from bedside equipment toward subscription-based monitoring platforms within the South American respiratory monitoring market.

South America Respiratory Monitoring Market: Market Share by End User
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By Application: COPD Leads but Sleep Disorders Gain Momentum

COPD accounted for 36.2% usage in 2024 and remains the prime driver of baseline spirometry, oximetry, and capnography demand. Asthma maintains a stable patient base, while occupational lung diseases spur targeted screening efforts. Sleep apnea monitoring grows 14.4% annually, aided by low-cost home polygraphy kits and expanding scientific evidence linking untreated OSA with cardiovascular risk. This dual focus ensures balanced demand across chronic and episodic respiratory conditions inside the South America respiratory monitoring market.

Geography Analysis

Brazil delivered 50.4% of total revenues in 2024, underpinned by ANVISA’s streamlined approval routes, national telehealth scale-ups, and a population exceeding 200 million. Tele-ICU networks and primary-care financing reforms embed digital respiratory tools into everyday practice. Argentina leverages a mixed public-private system that speeds technology trials and niche product uptake. Colombia, forecast at 12.3% CAGR, benefits from insurance modernization and strict mining safety laws that boost surveillance spending. Chile’s clinical-trial incentives and Peru’s rural telemedicine push round out the geographic tapestry shaping growth avenues for the South America respiratory monitoring market.

Argentina benefits from decades of respiratory research, yielding qualified clinicians and established reference centers. Multi-payer reimbursement supports quick adoption of polygraphy and home PAP adherence tracking, while decentralized sleep apnea networks show that low-cost diagnostic hubs can thrive outside large cities. Fungal lung infections and overlap syndromes widen the patient pool needing periodic monitoring, further supporting device demand.

Colombia, Peru, and Chile illustrate emerging potential. Colombia’s digital push during COVID-19 normalized telecare among both patients and physicians, while mining safety codes obligate annual lung-function tests. Peru’s fragmented insurance landscape creates space for modular, subscription-based devices that bypass capital constraints. Chile positions itself as a regional innovation springboard due to streamlined ethics approvals, lower study costs, and proactive investment incentives for medical technology. Collectively these markets diversify revenue streams and stabilize the South America respiratory monitoring market against single-country fluctuations.

South America Respiratory Monitoring Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Market concentration is moderate. ResMed leverages a strong cloud ecosystem that pairs connected PAP devices with subscription analytics tools. The firm reported 9-12% Latin America revenue growth through 2025, driven by rising sleep-health awareness and night-time oximetry kits. Philips and Masimo combine complementary sensor portfolios to embed capnography and regional oximetry into modular bedside monitors. At the same time, ZOLL’s acquisition of Vyaire ventilator lines broadens its presence in critical-care ventilation. Medtronic’s recent launch of a mobile ECMO platform illustrates how incumbents extend into advanced respiratory life support.

Start-ups scale rapidly in wearable acoustics, smart textiles, and AI-driven risk stratification, often partnering with public hospitals for real-world validation studies. Regulatory harmonization, cloud hosting within national borders, and cybersecurity guidance from PAHO reduce entry barriers. 

Over the forecast horizon, competition in the South American respiratory monitoring market will pivot on longitudinal data services, clinical-decision dashboards, and integrated reimbursement support rather than on standalone hardware performance alone.

South America Respiratory Monitoring Industry Leaders

  1. Dragerwerk AG

  2. Koninklijke Philips N.V.

  3. Medtronic Plc

  4. Masimo

  5. GE Healthcare

  6. *Disclaimer: Major Players sorted in no particular order
South America Respiratory Monitoring Market Concentration
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Recent Industry Developments

  • October 2024: ZOLL closed the acquisition of select Vyaire Medical ventilator product lines, including Bellavista and LTV systems.
  • September 2024: Medtronic introduced VitalFlow, an intra-hospital ECMO system designed for transport-ready cardiopulmonary support.
  • June 2024: Masimo and Philips deepened their collaboration to integrate NomoLine capnography into IntelliVue MX monitors.

Table of Contents for South America Respiratory Monitoring Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising COPD And Asthma Prevalence
    • 4.2.2 Increasing Adoption Of Home-Based Respiratory Monitoring
    • 4.2.3 Technological Shift Toward Wearable/Connected Devices
    • 4.2.4 Expansion Of Tele-Pulmonology Reimbursement In South America
    • 4.2.5 Stricter Occupational-Safety Norms In Mining And Agribusiness
    • 4.2.6 Government Programs For Early COPD Detection
  • 4.3 Market Restraints
    • 4.3.1 High Capital Cost Of Advanced Devices
    • 4.3.2 Limited Reimbursement For Diagnostic Procedures
    • 4.3.3 Poor Last-Mile Logistics In Amazon And Andean Interiors
    • 4.3.4 Shortage Of Trained Pulmonary Technicians
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Device Type
    • 5.1.1 Spirometers
    • 5.1.2 Peak Flow Meters
    • 5.1.3 Sleep Test/Polysomnography Devices
    • 5.1.4 Gas Analyzers
    • 5.1.5 Pulse Oximeters
    • 5.1.6 Capnographs
    • 5.1.7 Other Devices
  • 5.2 By Technology
    • 5.2.1 Conventional Table-top
    • 5.2.2 Hand-held
    • 5.2.3 Wearable / Patch-based
    • 5.2.4 Wireless-enabled (Bluetooth/Wi-Fi)
    • 5.2.5 AI-integrated & Cloud-connected
  • 5.3 By End-user
    • 5.3.1 Hospitals & ICUs
    • 5.3.2 Ambulatory Surgical & Specialty Clinics
    • 5.3.3 Sleep Laboratories & Diagnostic Centres
    • 5.3.4 Home-Care Settings
    • 5.3.5 Occupational Health & Industrial Sites
  • 5.4 By Application
    • 5.4.1 COPD
    • 5.4.2 Asthma
    • 5.4.3 Sleep Apnea
    • 5.4.4 Pulmonary Fibrosis & ILD
    • 5.4.5 Respiratory Infections (incl. COVID-19)
    • 5.4.6 Others
  • 5.5 By Country
    • 5.5.1 Brazil
    • 5.5.2 Argentina
    • 5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Medtronic plc
    • 6.3.2 Dragerwerk AG & Co. KGaA
    • 6.3.3 Koninklijke Philips N.V.
    • 6.3.4 ResMed Inc.
    • 6.3.5 GE HealthCare Technologies Inc.
    • 6.3.6 Nihon Kohden Corporation
    • 6.3.7 Becton, Dickinson and Company
    • 6.3.8 Hamilton Medical AG
    • 6.3.9 Masimo Corporation
    • 6.3.10 Nonin Medical Inc.
    • 6.3.11 Mindray Bio-Medical Electronics Co., Ltd.
    • 6.3.12 Fisher & Paykel Healthcare Ltd.
    • 6.3.13 Smiths Medical (ICU Medical)
    • 6.3.14 Vyaire Medical Inc.
    • 6.3.15 Hillrom / Baxter International Inc.
    • 6.3.16 Schiller AG
    • 6.3.17 WEINMANN Emergency Medical Technology
    • 6.3.18 LivaNova PLC
    • 6.3.19 Aerogen Ltd.
    • 6.3.20 Nihon Kohden

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study treats the South America respiratory monitoring market as all devices whose primary purpose is to record or display breathing-related parameters, flow, pressure, volume, gas concentration, or oxygen saturation, during diagnosis, triage, treatment, or long-term follow-up across clinical and home settings. According to Mordor Intelligence, this spans spirometers, peak-flow meters, polysomnography systems, gas analyzers, pulse oximeters, and capnographs that are sold new through medical distributors, e-commerce, or direct hospital tenders across Brazil, Argentina, and the Rest of South America.

Scope exclusion: purely therapeutic ventilators and oxygen concentrators are outside this sizing.

Segmentation Overview

  • By Device Type
    • Spirometers
    • Peak Flow Meters
    • Sleep Test/Polysomnography Devices
    • Gas Analyzers
    • Pulse Oximeters
    • Capnographs
    • Other Devices
  • By Technology
    • Conventional Table-top
    • Hand-held
    • Wearable / Patch-based
    • Wireless-enabled (Bluetooth/Wi-Fi)
    • AI-integrated & Cloud-connected
  • By End-user
    • Hospitals & ICUs
    • Ambulatory Surgical & Specialty Clinics
    • Sleep Laboratories & Diagnostic Centres
    • Home-Care Settings
    • Occupational Health & Industrial Sites
  • By Application
    • COPD
    • Asthma
    • Sleep Apnea
    • Pulmonary Fibrosis & ILD
    • Respiratory Infections (incl. COVID-19)
    • Others
  • By Country
    • Brazil
    • Argentina
    • Rest of South America

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed pulmonologists, biomedical engineers, and medical-device distributors in Sao Paulo, Buenos Aires, and Bogota, followed by surveys of home-care providers. These conversations validated installation rates outside capital cities, clarified public versus private procurement splits, and stress-tested model assumptions on device replacement cycles.

Desk Research

We began by mapping disease burden and care infrastructure through open datasets from the Pan American Health Organization, Brazil's DATASUS, Argentina's INDEC health accounts, UN Comtrade customs codes for HS 901819, and peer-reviewed journals that track COPD and asthma prevalence. Trade association briefings from the Latin American Thoracic Society and import duty filings refined typical device mix and channel margins. Company filings collected through D&B Hoovers and news streams on Dow Jones Factiva offered supplier revenue cues and recent average selling prices. The sources mentioned illustrate, rather than exhaust, the secondary pool that underpins our evidence base.

Market-Sizing & Forecasting

A top-down demand pool was built by reconstructing procedure volumes from hospitalization records and home-care enrollments, then applying device usage frequencies and replacement intervals. Select bottom-up roll-ups of leading supplier shipments and channel checks anchored unit counts. Core variables, COPD and asthma prevalence, ICU bed additions, sleep-lab penetration, home-care reimbursement policy shifts, and average selling price erosion, drive the model. A multivariate regression links these indicators to annual device uptake, while ARIMA smoothing manages short horizon fluctuations. Gaps in supplier data are bridged by proportional allocation using import value shares and verified clinician usage norms.

Data Validation & Update Cycle

We triangulate outputs against import statistics, hospital purchase disclosures, and sampled distributor invoices. An anomaly review panel reworks any variance above five percent before sign-off. Models refresh every twelve months, with mid-cycle checks when material regulatory or epidemic events emerge, ensuring clients receive an up-to-date baseline.

Why Mordor's South America Respiratory Monitoring Baseline Stand Out for Reliability

Published figures often diverge because firms choose different regional cuts, bundle therapeutic hardware, or uplift values with undisclosed mark-ups.

Key gap drivers include some publishers merging Latin America with the Caribbean, others counting ventilators and oxygen systems, and many relying on global ASP benchmarks without validating local discounts or currency movements.

Mordor's study isolates monitoring-only devices, applies country-specific price audits, and updates exchange rates at each refresh, which tempers extremes seen elsewhere.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 214.32 million (2025) Mordor Intelligence -
USD 1.40 billion (2024) Regional Consultancy A Bundles therapeutic ventilators and covers wider Latin America
USD 199.74 million (2025) Trade Journal B Omits Colombia and relies on 2023 ASPs without inflation adjustment

These contrasts show that Mordor's disciplined scope, variable selection, and annual refresh cadence produce a balanced, transparent baseline that decision-makers can trace back to clear, reproducible steps.

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Key Questions Answered in the Report

What is the current size of the South America respiratory monitoring market?

The market is valued at USD 214.32 million in 2025 and is projected to reach USD 304.83 million by 2030.

Which device category leads sales in South America?

Spirometers account for the largest revenue share at 33.3% thanks to their established role in routine lung-function testing.

How fast is the home-care segment growing?

Home-care settings are forecast to grow at a 15.2% CAGR between 2025 and 2030 as telemonitoring gains reimbursement support.

Which technology segment shows the highest growth potential?

AI-integrated and cloud-connected devices post the fastest 16.9% CAGR, reflecting demand for continuous, data-driven care.

Why does Colombia present an attractive growth opportunity?

The country combines a 12.3% forecast CAGR with new mining safety laws and a post-pandemic telehealth infrastructure that encourages respiratory equipment adoption.

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