Use the function $f(x)=\frac1{\sqrt{x+1}}$ and $g(x)=x^2$.
The derivatives of order $n\geq1$ of $f$ and $g$ are
$$f^{(n)}(x)=\frac{(-1)^n(2n)!}{2^{2n}n!(x+1)^{n+1/2}},\quad g^{(n)}(x)=\left\{\begin{array}{cc}2x&\text{if $n=1$}\\2&\text{if $n=2$}\\0&\text{otherwise.}\end{array}\right.$$
You can now use the formula of Arbogast (better known under the name of Faà di Bruno) which gives the $n^\text{th}$ derivative of the composed function $f\circ g$:
$$ (f\circ g)^{(n)}(x)=\sum_{\substack{m_1,\dots,\,m_n\\m_1+2m_2+\cdots+nm_n=n}}\frac{n!}{m_1!\,\dots\,m_n!}f^{(m_1+\cdots+m_n)}(g(x))\;\cdot\prod_{j=1}^n\left(\frac{g^{(j)}(x)}{j!}\right)^{m_j}.$$
In this case, the right-hand product is simply $(2x)^{m_1}$ if $m_k=0$ for $k>2$ and $0$ otherwise. As a conclusion you get
$$\frac{\mathrm d^n}{\mathrm dx^n}\frac1{\sqrt{x^2+1}}=
\sum_{m_1,m_2\,| m_1+2m_2=n}\frac{n!}{m_1!m_2!}\frac{(-1)^{m_1+m_2}(2m_1+2m_2)!}{4^{m_1+m2}(m_1+m_2)!}\frac{(2x)^{m_1}}{(x^2+1)^{m_1+m_2+1/2}}.$$
The sum rewrites as a simple sum, in a way depending on the parity of $n$.
I hope this will be helpful.