Anesthesia and Respiratory Devices Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos
The global anesthesia and respiratory devices market is expected to witness robust growth mainly due to the rising prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), obstructive sleep apnea (OSA), and asthma and the rise in surgeries anesthesia machines, and anesthesia disposables. Moreover, the increase in the availability of more advanced devices coupled with the rising aging population base are some of the factors likely to boost the market during the forecast period. For instance, as per the World Health Organization (WHO), about 4 million people die prematurely from respiratory diseases across the world. Thus, with the growing incidence of respiratory illness, the demand for preventive and curative medicine will increase, thereby driving anesthesia and respiratory devices market growth.
According to UnivDatos Market Insights (UMI)’ research
report “Anesthesia
and Respiratory Devices Market”, the market is expected to
witness a significant CAGR during the forecast period 2021-2027F. This can be
mainly attributed to an increase in government funding coupled with the rising
number of research institutes getting involved in discovering new technologies and
therapies, including anesthesia and respiratory devices.
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Based on product type, the market is bifurcated into anesthesia devices and respiratory devices. Among these, the respiratory devices category accounted for the major share in the market owing to the developing healthcare set-ups, increasing healthcare expenditure, and growing occurrences of lifestyle-associated diseases such as asthma, COPD, and OSA. In addition, the rising geriatric population coupled with unhealthy lifestyles and hormonal imbalances across the globe is further expected to drive the market.
Based on End User, the
market is bifurcated into hospitals, clinics, homecare settings, ambulatory
surgical centers, and others. In 2020, the hospitals category accounted for the
majority share in the global market. Furthermore, the availability of advanced
equipment, which has higher accuracy and features to perform multiple tests, is
another vital driver for the growth.
North America is expected to witness highest growth
For a better understanding of the market,
the report is analyzed based on different regions including North America (US,
Canada, Rest of North America); Europe (Germany, UK, France, Italy, Spain, Rest
of Europe); Asia-Pacific (China, India, Japan, Australia, Rest of
Asia-Pacific); and Rest of World. North America has dominated the anesthesia
and respiratory devices market which is attributable to the surging prevalence
of respiratory diseases, rise in per capita health expenditure in the region,
and an increasing number of smoker’s population. Furthermore, the growing
geriatric population in the U.S. is driving the demand for surgical procedures
which is fueling the growth of anesthesia devices.
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According to UnivDatos Market Insights (UMI)’, the key
players with a considerable market share in the Anesthesia and Respiratory
Devices Market are SunMed, Smiths Group plc, ResMed, Masimo,
Koninklijke Philips N.V., Invacare Corporation, Teleflex Incorporated, Hamilton
Medical, GE Healthcare, Fisher & Paykel Healthcare Limited. These companies
are investing heavily on Anesthesia and Respiratory Devices and assay kits to
help research organizations in their studies.
§ In May 2017, Fisher & Paykel Healthcare
Corporation Limited Launched F&P SleepStyle continuous positive airway
pressure (CPAP) device for obstructive sleep apnea (OSA). Moreover, in October
2017, Fisher & Paykel Healthcare Corporation LimitedlLaunched F&P
Vitera mask for obstructive sleep apnea (OSA).
§ In January 2017, GE Healthcare, launched CS600
Carestation Series in Indonesia. It is the latest technology of anesthetic tool
that is easier to operate, accurate, flexible, and capable of reducing errors
in surgery room. This tool combines innovative monitoring tools, parameters,
and latest tools of ventilation in one integrated system.
“Anesthesia
and Respiratory Devices Market” provides comprehensive qualitative and
quantitative insights on the industry potential, key factors impacting sales
and purchase decisions, hotspots, and opportunities available for the market
players. Moreover, the report also encompasses the key strategic imperatives
for success for competitors along with strategic factorial indexing measuring
competitor's capabilities on different parameters. This will help companies in
the formulation of go-to-market strategies and identifying the blue ocean for
its offerings.
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Informative Information, Please Visit Us – https://univdatos.com/report/anesthesia-and-respiratory-devices-market/
Market Segmentation:
1.
By Product type (Anesthesia
Devices {Anesthesia Machines, Anesthesia Monitors, Anesthetic Information
Management Systems, and Others} and Respiratory Devices {Respiratory Equipment,
Respiratory Disposables, Respiratory Measurement Devices, and Others})
2. By End
user (Hospitals, Clinics, Homecare Settings, Ambulatory
Surgical Centers, Others)
3. By Region
(North America, Europe,
Asia-Pacific, Rest of World)
4. By
Company (SunMed, Smiths Group plc,
ResMed, Masimo, Koninklijke Philips N.V., Invacare Corporation, Teleflex
Incorporated, Hamilton Medical, GE Healthcare, Fisher & Paykel Healthcare
Limited)
Key
questions answered in the study:
1. What
are the current and future trends of the anesthesia and respiratory devices industry?
2. How
the industry has been evolving in terms of product type and end-user category?
3. How
the competition has been shaping across the countries followed by their
comparative factorial indexing?
4. What
are the key growth drivers and challenges for the anesthesia and respiratory
devices industry?
5. What
is the customer orientation, purchase behavior, and expectations from the anesthesia
and respiratory devices suppliers across various countries?
Table
of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 ANESTHESIA AND RESPIRATORY DEVICES
MARKET COVID-19 IMPACT
6 ANESTHESIA AND RESPIRATORY DEVICES
MARKET REVENUE, 2019-2027F
7 MARKET INSIGHTS BY Product Type
8 MARKET INSIGHTS BY End User
9 MARKET INSIGHTS BY REGION
10 ANESTHESIA AND RESPIRATORY DEVICES
MARKET DYNAMICS
11 ANESTHESIA AND RESPIRATORY DEVICES
MARKET OPPORTUNITIES
12 ANESTHESIA AND RESPIRATORY DEVICES
MARKET TRENDS
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY SIDE ANALYSIS
15 COMPETITIVE SCENARIO
16 COMPANY PROFILED
17 DISCLAIMER
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