The rising geriatric population is a key Respiratory Care Market Size driver. Older individuals are more prone to chronic respiratory diseases like COPD & asthma due to weaker immunity. As per the UN, the number of people aged 65 years and above is projected to double from 727 million to nearly 1.5 billion between 2019 and 2050. Another major growth driver is the growing global prevalence of COPD. As per WHO, over 255 million people suffer from the disease worldwide. Other factors like increasing pollution levels, rising healthcare expenditure, and growing cases of respiratory infections and tuberculosis are also fueling market growth.

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