LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global anesthesia disposables market is expected to grow at a CAGR of over 4% during the forecast period, according to their latest market research report.
The focus on improvement in materials used, design, and customization of anesthesia disposable is one of the major trends being witnessed in the global anesthesia disposables market 2018-2022. Vendors are focusing on innovating anesthesia disposables with lightweight interfaces, several styles and sizes, increased comfort and efficiency, and advanced design.
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According to Technavio analysts, one of the key factors contributing to the growth of the global anesthesia disposables market is the increasing number of surgeries coupled with growing prevalence of diseases:
Global anesthesia disposables market: Increasing prevalence of chronic disorders
There is a global increase in the prevalence of CVDs, orthopedic disorders, neurological diseases, and gastrointestinal diseases. This is leading to a lot of surgical interventions which in turn will lead to an increase in demand for anesthesia disposable. Vendors are investing significantly in R&D to develop technologically advanced anesthesia disposables.
According to a senior analyst at Technavio for research on life science research tools, “Major vendors in the market are increasingly adopting innovative marketing strategies to increase their market penetration. They are also increasingly focusing on conducting clinical and health economic studies to document cost savings and benefits anesthesia disposables.”
Global anesthesia disposables market: Segmentation analysis
The global anesthesia disposables market research report provides market segmentation by product (LMAs, breathing circuits, ETTs, resuscitators, and anesthesia face masks), by end-user (hospitals and clinics, ASCs, dialysis centers, and others), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
The Americas held the largest share of the market in 2017, accounting for close to 47% share, followed by the EMEA and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period owing to the presence of a large patient pool and improvements in hospital infrastructure in the region.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market sizing
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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