Anesthesia and Respiratory Devices Market to Rise at a CAGR of 8.6% during Forecast Period, 2021-2028| TMR Study

The global 𝐚𝐧𝐞𝐬𝐭𝐡𝐞𝐬𝐢𝐚 𝐚𝐧𝐝 𝐫𝐞𝐬𝐩𝐢𝐫𝐚𝐭𝐨𝐫𝐲 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 soared to US$ 34.03 Bn in 2020, with a projected CAGR of 8.6% from 2021 to 2028, reaching an estimated value of US$ 68.58 Bn by 2028.

Analysts highlight the surging demand for these devices, fueled by increasing health consciousness and the prevalence of respiratory ailments worldwide. The rise in surgical procedures further propels market expansion. Technological innovations, coupled with a robust presence of manufacturers and digitalization, empower companies to lead the competition. To seize revenue opportunities and gain a competitive edge, stakeholders must expedite product development. However, the high cost poses a significant challenge hindering market growth.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1177&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

An anesthetic machine, also known as an anesthesia machine, is a medical device that produces and combines a fresh gas flow of medical gases and inhalational anesthetic agents to induce and maintain anesthesia.

Respiratory devices deliver mechanical respiratory gas to patients with respiratory impairments. Typically enriched with oxygen, the gas is delivered into the lungs using positive pressure generated by the device.

𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬:

AirSep,B. Braun Melsungen AG,CareFusion Corporation,Covidien plc,Draegerwerk AG & Co. KGaA,Getinge Group, Fisher & Paykel Healthcare,GE Healthcare,Philips Healthcare,Smiths Medical,Teleflex Incorporated

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Product Type

Anesthesia Devices
Anesthesia Machines
Anesthesia Workstations
Anesthesia Ventilators
Anesthesia Monitors
Anesthesia Delivery Machines
Anesthesia Disposables
Anesthesia Masks
Anesthesia Accessories
Respiratory Devices
Respiratory Equipment
Humidifiers
Nebulizers
Positive Airway Pressure Devices
Oxygen Concentrators
Reusable Resuscitators
Ventilators
Respiratory Inhalers
Respiratory Disposables
Disposables Oxygen Masks
Resuscitators
Tracheostomy Tubes
Oxygen Cannula
Respiratory Measurement Devices
Pulse Oximeter Systems
Capnographs
Spirometers
Peak Flow Meters

End-user

Hospitals
Specialty Centers
Others

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐈𝐧𝐜𝐢𝐝𝐞𝐧𝐜𝐞 𝐨𝐟 𝐂𝐡𝐫𝐨𝐧𝐢𝐜 𝐏𝐮𝐥𝐦𝐨𝐧𝐚𝐫𝐲 𝐃𝐢𝐬𝐞𝐚𝐬𝐞: 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫

New projections from the World Health Organization suggest that Chronic Obstructive Pulmonary Disease (COPD) is poised to rank as the third leading cause of death by 2030. In 2018 alone, approximately 15.7 million individuals in the United States received a COPD diagnosis, with over half of adults exhibiting low pulmonary function remaining unaware of their condition.

The surge in COPD and asthma cases among the aging population is expected to fuel the expansion of the anesthesia and respiratory devices market. Consequently, the uptick in pulmonary ailments is forecasted to propel market growth significantly.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬:

Drivers:

Technological Advancements in Anesthesia and Respiratory Devices
Increasing Surgical Procedures
Rising Geriatric Population
Growing Prevalence of Respiratory Diseases

Challenges:

High Cost Associated with Advanced Devices
Stringent Regulatory Approval Processes

𝐎𝐛𝐭𝐚𝐢𝐧 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.transparencymarketresearch.com/checkout.php?rep_id=1177<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Adoption of Portable and Compact Devices
Integration of Artificial Intelligence (AI) and Machine Learning (ML) in Respiratory Devices
Growing Preference for Homecare Settings

𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

Market Dynamics Analysis
Competitive Benchmarking
Market Forecasting
Regulatory Landscape Analysis
Strategic Recommendations

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐆𝐫𝐢𝐝-𝐬𝐜𝐚𝐥𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/01/05/2583741/0/en/Grid-scale-Battery-Market-Estimated-to-Grow-at-a-CAGR-of-26-1-from-2022-to-2031-Transparency-Market-Research-Inc.html

𝐒𝐲𝐫𝐢𝐧𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/01/05/2583467/0/en/Syringes-Market-Value-to-Reach-US-6-9-Bn-by-2031-TMR-Study.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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