Wednesday, August 17, 2022

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 Marketprovides 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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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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