The Anesthesia and Respiratory Devices Market accounted to USD 7.8 billion in 2016 growing at a CAGR of 5.1% during the forecast period of 2017 to 2024.
Global Anesthesia and Respiratory Devices Market By Type (Anesthesia Monitoring Devices Market, Anesthesia Delivery Systems Market, Respiratory Devices), By Product Type, By Application, By Distribution Channel, By End Users, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Anesthesia and Respiratory devices market provides analysis value, volume sales and company share data for the products used in surgical interventions and critical care units. There was an increasing number of deaths in the last decade owing to excess anesthesia dosage with an advent and exposure of anesthesia monitoring and delivery systems healthcare providers are now able to curb the growth of these deaths.
Major Market Drivers And Restraints:
- Increasing aging population
- Increasing number of critical surgeries
- Government Initiatives to better healthcare
- Increasing focus on Anesthesia Management
- Growing technological advancement in anesthesia delivery systems
- Paradigm Shift to value based reimbursement
By Technology the market for anesthesia and respiratory devices is segmented into anesthesia monitoring devices, anesthesia delivery systems and respiratory devices. Anesthesia monitoring and delivery systems are further segmented on the basis of technology.
The respiratory devices market segment is further divided into products and consumables. The respiratory devices products is sub segmented on the basis of product type.
The Global Anesthesia and Respiratory Devices Market is also segmented on the basis of application, end user and distribution channel.
On the basis of End User the critical care market segment is dominating in 2016 and is expected to grow at the highest CAGR in the forecast period 2017 to 2024.
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa(MEA)
Some of the major players operating in this market are
- Thermo Fisher Scientific IncMasimo
- Fukuda Denshi, Infinium Medical
- GE Healthcare
- Nihon Kohden Corporation
- Philips Healthcare
- Mindray Medical International Limited
- Drägerwerk AG & Co. KGAA, Schiller AG
- Criticare Systems, Inc
- Heyer Medical AG
- Acutronic Medical Systems AG
- Air Liquide Medical Systems SA
- AMBU, B Braun
- Becton Dickinson and Company
- Carefussion Corp, Claris Lifesciences
- Fisher and Paykel Healthcare Ltd
- Halocarbon Products Corp
- Hospira, Inc., Intersurgical Ltd
- Pall Corp, Penlon, Resmed Corp
- Skye Pharma
- Smiths Medical
- Teleflex Inc
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.
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