|09-26-2017 05:55 PM CET - Health & Medicine||
Global Anesthesia and Respiratory Devices Market Forecast to 2024 with Key Companies Profile, Supply, Demand, Cost Structure
Press release from: Data Bridge Market Research
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
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. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Anesthesia and Respiratory Devices Market – Market Definition:
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.
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Global Anesthesia and Respiratory Devices Market – 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
Global Anesthesia and Respiratory Devices Market – Market Segmentation:
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.
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The market for 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.
On the basis of geography, anesthesia and respiratory devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
Global Anesthesia and Respiratory Devices Market – Competitive Analysis:
The anesthesia and respiratory devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of anesthesia and respiratory devices market for global, Europe, North America, Asia Pacific and South America.
Global Anesthesia and Respiratory Devices Market – Major Market Competitors:
Some of the major players operating in anesthesia and respiratory devices market are Masimo, Fukuda Denshi, Infinium Medical, Medtronic, 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, Baxter, 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. among others
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