Global Heat and Moisture Exchangers (HME) Industry Growth and Trends Forecast to 2031

Summary

Heat and Moisture Exchangers (HME) are devices used in mechanically ventilated patients intended to help prevent complications due to drying of the respiratory mucosa, such as mucus plugging and endotracheal tube (ETT) occlusion.

This report collects market data of both HME only and HME filter.

According to APO Research, The global Heat and Moisture Exchangers (HME) market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Heat and Moisture Exchangers (HME) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Heat and Moisture Exchangers (HME) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Heat and Moisture Exchangers (HME) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Heat and Moisture Exchangers (HME) include Medtronic, Draeger, GVS Group, Teleflex, Westmed, Intersurgical, GE Healthcare, Atos Medical and Smiths Medical, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heat and Moisture Exchangers (HME), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat and Moisture Exchangers (HME).

The Heat and Moisture Exchangers (HME) market size, estimations, and forecasts are provided in terms of sales volume (M Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Heat and Moisture Exchangers (HME) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Heat and Moisture Exchangers (HME) Segment by Company

Medtronic
Draeger
GVS Group
Teleflex
Westmed
Intersurgical
GE Healthcare
Atos Medical
Smiths Medical
Flexicare
Welllead
Vyaire Medical
Tuo Ren
Zhejiang Fert Medical Device
Pharma Systems AB

Heat and Moisture Exchangers (HME) Segment by Type

Straight Style
Elbow Style

Heat and Moisture Exchangers (HME) Segment by End User
Adults
Kids and Babies

Heat and Moisture Exchangers (HME) Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heat and Moisture Exchangers (HME) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Heat and Moisture Exchangers (HME) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heat and Moisture Exchangers (HME).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Heat and Moisture Exchangers (HME) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Heat and Moisture Exchangers (HME) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview

1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Heat and Moisture Exchangers (HME) Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Heat and Moisture Exchangers (HME) Sales Estimates and Forecasts (2020-2031)
1.3 Heat and Moisture Exchangers (HME) Market by Type
1.3.1 Straight Style
1.3.2 Elbow Style
1.4 Global Heat and Moisture Exchangers (HME) Market Size by Type
1.4.1 Global Heat and Moisture Exchangers (HME) Market Size Overview by Type (2020-2031)
1.4.2 Global Heat and Moisture Exchangers (HME) Historic Market Size Review by Type (2020-2025)
1.4.3 Global Heat and Moisture Exchangers (HME) Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Heat and Moisture Exchangers (HME) Sales Breakdown by Type (2020-2025)
1.5.2 Europe Heat and Moisture Exchangers (HME) Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Heat and Moisture Exchangers (HME) Sales Breakdown by Type (2020-2025)
1.5.4 South America Heat and Moisture Exchangers (HME) Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Heat and Moisture Exchangers (HME) Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics

2.1 Heat and Moisture Exchangers (HME) Industry Trends
2.2 Heat and Moisture Exchangers (HME) Industry Drivers
2.3 Heat and Moisture Exchangers (HME) Industry Opportunities and Challenges
2.4 Heat and Moisture Exchangers (HME) Industry Restraints
3 Market Competitive Landscape by Company

3.1 Global Top Players by Heat and Moisture Exchangers (HME) Revenue (2020-2025)
3.2 Global Top Players by Heat and Moisture Exchangers (HME) Sales (2020-2025)
3.3 Global Top Players by Heat and Moisture Exchangers (HME) Price (2020-2025)
3.4 Global Heat and Moisture Exchangers (HME) Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Heat and Moisture Exchangers (HME) Major Company Production Sites & Headquarters
3.6 Global Heat and Moisture Exchangers (HME) Company, Product Type & Application
3.7 Global Heat and Moisture Exchangers (HME) Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Heat and Moisture Exchangers (HME) Market CR5 and HHI
3.8.2 Global Top 5 and 10 Heat and Moisture Exchangers (HME) Players Market Share by Revenue in 2024
3.8.3 2023 Heat and Moisture Exchangers (HME) Tier 1, Tier 2, and Tier 3
4 Heat and Moisture Exchangers (HME) Regional Status and Outlook

4.1 Global Heat and Moisture Exchangers (HME) Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Heat and Moisture Exchangers (HME) Historic Market Size by Region
4.2.1 Global Heat and Moisture Exchangers (HME) Sales in Volume by Region (2020-2025)
4.2.2 Global Heat and Moisture Exchangers (HME) Sales in Value by Region (2020-2025)
4.2.3 Global Heat and Moisture Exchangers (HME) Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Heat and Moisture Exchangers (HME) Forecasted Market Size by Region
4.3.1 Global Heat and Moisture Exchangers (HME) Sales in Volume by Region (2026-2031)
4.3.2 Global Heat and Moisture Exchangers (HME) Sales in Value by Region (2026-2031)
4.3.3 Global Heat and Moisture Exchangers (HME) Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Heat and Moisture Exchangers (HME) by Application

5.1 Heat and Moisture Exchangers (HME) Market by End User
5.1.1 Adults
5.1.2 Kids and Babies
5.2 Global Heat and Moisture Exchangers (HME) Market Size by End User
5.2.1 Global Heat and Moisture Exchangers (HME) Market Size Overview by Application (2020-2031)
5.2.2 Global Heat and Moisture Exchangers (HME) Historic Market Size Review by Application (2020-2025)
5.2.3 Global Heat and Moisture Exchangers (HME) Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by End User
5.3.1 North America Heat and Moisture Exchangers (HME) Sales Breakdown by End User (2020-2025)
5.3.2 Europe Heat and Moisture Exchangers (HME) Sales Breakdown by End User (2020-2025)
5.3.3 Asia-Pacific Heat and Moisture Exchangers (HME) Sales Breakdown by End User (2020-2025)
5.3.4 South America Heat and Moisture Exchangers (HME) Sales Breakdown by End User (2020-2025)
5.3.5 Middle East and Africa Heat and Moisture Exchangers (HME) Sales Breakdown by End User (2020-2025)
6 Company Profiles

6.1 Medtronic
6.1.1 Medtronic Comapny Information
6.1.2 Medtronic Business Overview
6.1.3 Medtronic Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Medtronic Heat and Moisture Exchangers (HME) Product Portfolio
6.1.5 Medtronic Recent Developments
6.2 Draeger
6.2.1 Draeger Comapny Information
6.2.2 Draeger Business Overview
6.2.3 Draeger Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Draeger Heat and Moisture Exchangers (HME) Product Portfolio
6.2.5 Draeger Recent Developments
6.3 GVS Group
6.3.1 GVS Group Comapny Information
6.3.2 GVS Group Business Overview
6.3.3 GVS Group Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.3.4 GVS Group Heat and Moisture Exchangers (HME) Product Portfolio
6.3.5 GVS Group Recent Developments
6.4 Teleflex
6.4.1 Teleflex Comapny Information
6.4.2 Teleflex Business Overview
6.4.3 Teleflex Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Teleflex Heat and Moisture Exchangers (HME) Product Portfolio
6.4.5 Teleflex Recent Developments
6.5 Westmed
6.5.1 Westmed Comapny Information
6.5.2 Westmed Business Overview
6.5.3 Westmed Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Westmed Heat and Moisture Exchangers (HME) Product Portfolio
6.5.5 Westmed Recent Developments
6.6 Intersurgical
6.6.1 Intersurgical Comapny Information
6.6.2 Intersurgical Business Overview
6.6.3 Intersurgical Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Intersurgical Heat and Moisture Exchangers (HME) Product Portfolio
6.6.5 Intersurgical Recent Developments
6.7 GE Healthcare
6.7.1 GE Healthcare Comapny Information
6.7.2 GE Healthcare Business Overview
6.7.3 GE Healthcare Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.7.4 GE Healthcare Heat and Moisture Exchangers (HME) Product Portfolio
6.7.5 GE Healthcare Recent Developments
6.8 Atos Medical
6.8.1 Atos Medical Comapny Information
6.8.2 Atos Medical Business Overview
6.8.3 Atos Medical Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Atos Medical Heat and Moisture Exchangers (HME) Product Portfolio
6.8.5 Atos Medical Recent Developments
6.9 Smiths Medical
6.9.1 Smiths Medical Comapny Information
6.9.2 Smiths Medical Business Overview
6.9.3 Smiths Medical Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Smiths Medical Heat and Moisture Exchangers (HME) Product Portfolio
6.9.5 Smiths Medical Recent Developments
6.10 Flexicare
6.10.1 Flexicare Comapny Information
6.10.2 Flexicare Business Overview
6.10.3 Flexicare Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Flexicare Heat and Moisture Exchangers (HME) Product Portfolio
6.10.5 Flexicare Recent Developments
6.11 Welllead
6.11.1 Welllead Comapny Information
6.11.2 Welllead Business Overview
6.11.3 Welllead Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Welllead Heat and Moisture Exchangers (HME) Product Portfolio
6.11.5 Welllead Recent Developments
6.12 Vyaire Medical
6.12.1 Vyaire Medical Comapny Information
6.12.2 Vyaire Medical Business Overview
6.12.3 Vyaire Medical Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Vyaire Medical Heat and Moisture Exchangers (HME) Product Portfolio
6.12.5 Vyaire Medical Recent Developments
6.13 Tuo Ren
6.13.1 Tuo Ren Comapny Information
6.13.2 Tuo Ren Business Overview
6.13.3 Tuo Ren Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.13.4 Tuo Ren Heat and Moisture Exchangers (HME) Product Portfolio
6.13.5 Tuo Ren Recent Developments
6.14 Zhejiang Fert Medical Device
6.14.1 Zhejiang Fert Medical Device Comapny Information
6.14.2 Zhejiang Fert Medical Device Business Overview
6.14.3 Zhejiang Fert Medical Device Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.14.4 Zhejiang Fert Medical Device Heat and Moisture Exchangers (HME) Product Portfolio
6.14.5 Zhejiang Fert Medical Device Recent Developments
6.15 Pharma Systems AB
6.15.1 Pharma Systems AB Comapny Information
6.15.2 Pharma Systems AB Business Overview
6.15.3 Pharma Systems AB Heat and Moisture Exchangers (HME) Sales, Revenue and Gross Margin (2020-2025)
6.15.4 Pharma Systems AB Heat and Moisture Exchangers (HME) Product Portfolio
6.15.5 Pharma Systems AB Recent Developments
7 North America by Country

7.1 North America Heat and Moisture Exchangers (HME) Sales by Country
7.1.1 North America Heat and Moisture Exchangers (HME) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Heat and Moisture Exchangers (HME) Sales by Country (2020-2025)
7.1.3 North America Heat and Moisture Exchangers (HME) Sales Forecast by Country (2026-2031)
7.2 North America Heat and Moisture Exchangers (HME) Market Size by Country
7.2.1 North America Heat and Moisture Exchangers (HME) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Heat and Moisture Exchangers (HME) Market Size by Country (2020-2025)
7.2.3 North America Heat and Moisture Exchangers (HME) Market Size Forecast by Country (2026-2031)
8 Europe by Country

8.1 Europe Heat and Moisture Exchangers (HME) Sales by Country
8.1.1 Europe Heat and Moisture Exchangers (HME) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Heat and Moisture Exchangers (HME) Sales by Country (2020-2025)
8.1.3 Europe Heat and Moisture Exchangers (HME) Sales Forecast by Country (2026-2031)
8.2 Europe Heat and Moisture Exchangers (HME) Market Size by Country
8.2.1 Europe Heat and Moisture Exchangers (HME) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Heat and Moisture Exchangers (HME) Market Size by Country (2020-2025)
8.2.3 Europe Heat and Moisture Exchangers (HME) Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country

9.1 Asia-Pacific Heat and Moisture Exchangers (HME) Sales by Country
9.1.1 Asia-Pacific Heat and Moisture Exchangers (HME) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Heat and Moisture Exchangers (HME) Sales by Country (2020-2025)
9.1.3 Asia-Pacific Heat and Moisture Exchangers (HME) Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Heat and Moisture Exchangers (HME) Market Size by Country
9.2.1 Asia-Pacific Heat and Moisture Exchangers (HME) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Heat and Moisture Exchangers (HME) Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Heat and Moisture Exchangers (HME) Market Size Forecast by Country (2026-2031)
10 South America by Country

10.1 South America Heat and Moisture Exchangers (HME) Sales by Country
10.1.1 South America Heat and Moisture Exchangers (HME) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Heat and Moisture Exchangers (HME) Sales by Country (2020-2025)
10.1.3 South America Heat and Moisture Exchangers (HME) Sales Forecast by Country (2026-2031)
10.2 South America Heat and Moisture Exchangers (HME) Market Size by Country
10.2.1 South America Heat and Moisture Exchangers (HME) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Heat and Moisture Exchangers (HME) Market Size by Country (2020-2025)
10.2.3 South America Heat and Moisture Exchangers (HME) Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country

11.1 Middle East and Africa Heat and Moisture Exchangers (HME) Sales by Country
11.1.1 Middle East and Africa Heat and Moisture Exchangers (HME) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Heat and Moisture Exchangers (HME) Sales by Country (2020-2025)
11.1.3 Middle East and Africa Heat and Moisture Exchangers (HME) Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Heat and Moisture Exchangers (HME) Market Size by Country
11.2.1 Middle East and Africa Heat and Moisture Exchangers (HME) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Heat and Moisture Exchangers (HME) Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Heat and Moisture Exchangers (HME) Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis

12.1 Heat and Moisture Exchangers (HME) Value Chain Analysis
12.1.1 Heat and Moisture Exchangers (HME) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Heat and Moisture Exchangers (HME) Production Mode & Process
12.2 Heat and Moisture Exchangers (HME) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Heat and Moisture Exchangers (HME) Distributors
12.2.3 Heat and Moisture Exchangers (HME) Customers
13 Concluding Insights
14 Appendix

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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