Anesthesia And Respiratory Devices Market 2020 Global Industry Analysis, Size, Share, Growth Trends And 2022 Forecast

Anesthesia And Respiratory Devices Market - By Type Of Product (Respiratory Devices And Equipment, Anesthesia Machines, Anesthesia Disposables And Respiratory Disposables) Drivers And Restraints, Opportunities And Strategies – Global Forecast To 2022 By The Business Research Company

The global anesthesia and respiratory devices market reached a value of nearly $20.7 billion in 2018, having increased at a compound annual growth rate (CAGR) of 2.5% since 2014, and is expected to grow at a CAGR of 2.6% to nearly $22.9 billion by 2022.

The key drivers of the anesthesia and respiratory devices market include:
Growth In Home Healthcare:
Increased demand for home healthcare had a positive impact on the growth of the global anesthesia and respiratory devices market during 2014-2018. The impact was mainly caused by the need of patients to mitigate total healthcare expenditures by reducing hospital stays and reducing the dependence on nursing staff. Home healthcare for respiratory therapy is proven to improve the quality of life of the patients, functional status, symptoms, and overall health perceptions with positive behavioral changes. In cases of chronic illnesses, this type of healthcare is often aimed to provide pain management and psychological comfort to the patients. Furthermore, hospital and government initiatives in different countries also drove the adoption of home healthcare treatments. In 2012, the USA Centers for Medicare and Medicaid Services (CMS) implemented a hospital readmission reduction program (HRRP) that evaluates penalties if patients are returned to the hospital within 30 days for chronic obstructive pulmonary disease (COPD) to reduce the financial burden on patients.

Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/anesthesia-and-respiratory-devices-market

Anesthesia And Respiratory Devices Market Segmentation:
The anesthesia and respiratory devices market is segmented by type of equipment, by type of equipment of expenditure and by geography.
By Type Of Equipment- The anesthesia and respiratory devices market can be segmented by type of equipment
a) Respiratory Devices
b) Anesthesia Machines
c) Respiratory Disposables
d) Anesthesia Disposables
The respiratory devices market was the largest segment of the anesthesia and respiratory devices market, accounting for 60% of the total in 2018. Going forward, the fastest-growing segments in the anesthesia and respiratory devices market will be anesthesia machines and respiratory devices, where growth will be at CAGRs of 3.8% and 2.1% respectively.

By Type Of Expenditure – The anesthesia and respiratory devices market for each country is segmented by type of expenditure
a) Public
b) Private
The USA was the largest country in terms of private expenditure on anesthesia and respiratory devices, accounting for $4.94 billion in 2018.

Request For A Sample Copy Of This Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2351&type=smp

By Geography - The anesthesia and respiratory devices market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

Some of the major key players involved in anesthesia and respiratory devices market are
• Resmed Inc.
• General Electric Company
• Koninklijke Philips N.V.
• Cardinal Health, Inc.
• Medtronic Plc

Place a DIRECT PURCHASE ORDER of entire 380+ pages report @ https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2351

Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Blog: http://blog.tbrc.info/

About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.