DUBLIN--(BUSINESS WIRE)--The "Anesthesia and Respiratory Devices Global Opportunities and Strategies to 2030: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
The global anesthetics and respiratory devices market reached a value of nearly $ 36,830.3 million in 2020, having increased at a compound annual growth rate (CAGR) of 14.9% since 20175. The market is expected to grow from $36,830.3 million in 2020 to $57,562.5 million in 2025 at a rate of 9.3%.
The growth is mainly due to the growing demand for anesthetics and respiratory devices due to increase in prevalence of respiratory ailments and increase in surgeries, which drive the demand for these medical devices. The market is expected to grow to $80,967.1 million in in 2030 at a CAGR of 7.1%.
The anesthesia and respiratory devices market consist of sales of anesthesia and respiratory devices and related services by entities that manufacture anesthesia and respiratory devices used in the diagnosis and treatment of respiratory diseases such as asthma, cystic fibrosis, and acute respiratory distress syndrome.
Anesthesia devices are medical devices used to support the administration of anesthetics and medical gases such as nitrous oxide for the temporary induced loss of sensation or awareness. Anesthetics may include analgesia (used for relief from or prevention of pain) and temporary paralysis (used for muscle relaxation). Respiratory devices are used to provide medication or assist a patient who is having difficulty in breathing and cannot achieve adequate oxygen levels to maintain life.
Growth in the historic period resulted from increased prevalence of respiratory diseases, coronavirus pandemic, increased number of surgical procedures, and strong economic growth in emerging markets, increased healthcare expenditure, and growing aging population. This growth was restricted by high prices of advanced devices, lack of trained workers and technical resources, low penetration of anesthesia and respiratory devices, low healthcare access, lack of awareness about respiratory conditions, and stringent regulatory approval processes for medical devices.
Going forward, increasing prevalence of obstructive sleep apnea, technological advances, increasing use of tobacco smoking, rise in healthcare expenditure and increasing geriatric population are expected to drive the market. Regulations on administration of anesthetic agents, retraction of insurance, low per capita healthcare expenditure and lack of awareness and training are major factors that could hinder the growth of the anesthetics and respiratory devices market in the future.
The anesthetics and respiratory devices market is moderately consolidated, with small number of global players operating in the market. The top ten competitors in the market made up to 46.8% of the total market in 2020. Major players in the market include Resmed Inc. Koninklijke Philips N.V., General Electric Company, Cardinal Health, Inc., and Medtronic Plc.
Key Topics Covered:
1. Anesthesia Respiratory Devices Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1.1. Segmentation By Geography
6.1.2. Segmentation By Type
6.1.3. Segmentation By Gender
6.1.4. Segmentation By Type of Expenditure
6.1.5. Segmentation By Product
6.1.6. Segmentation By End-User
7. Anesthesia Respiratory Devices Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Type
7.2.1. Respiratory Devices
7.2.2. Anesthesia Machines
7.2.3. Respiratory Disposables
7.2.4. Anesthesia Disposables
7.3. Market Segmentation By Type Of Expenditure
7.3.1. Public Expenditure
7.3.2. Private Expenditure
7.4. Market Segmentation By Gender
7.4.1. Male
7.4.2. Female
7.5. Market Segmentation By Product
7.5.1. Instruments/Equipment
7.5.2. Disposables
7.6. Market Segmentation By End-User
7.6.1. Hospitals and Clinics
7.6.2. Diagnostic Centers
7.6.3. Others
8. Anesthesia Respiratory Devices Market, Supply Chain Analysis
8.1.1. Raw Material Component Suppliers
8.1.2. Brand Manufacturers
8.1.3. Wholesalers Distributors
8.1.4. Retailers
8.1.5. End-Users
9. Anesthesia Respiratory Devices Market, Product Analysis -Product Examples
10. Anesthesia Respiratory Devices Market Customer Information
10.1. Japanese Medical Workers Are Facing Severe Shortages Of Protective Surgical Masks
10.2. Availability Of Masks Is Slowly Improving In USA Hospitals Health Systems
10.3. Isolation Gowns N95 Masks Are The Top Shortage Concerns Among US Hospitals Health Systems Treating COVID-19 Patients
10.4. Face Masks Adoption Among Americans
10.5. Highest Surge In Face Masks Adoption Among Asian Countries
10.6. Risk Perception Of COVID-19 Encouraged The Use Of Medical Masks
10.7. A Surgical Face Mask Is The Newest Must Have Commodity In China
10.8. Online Channels Offer Consumers The Convenience They Require
10.9. Preference For Biodegradable Reusable Surgical Masks
10.10. Patient Satisfaction Study with Peri-Operative Anesthesia Care in Eritrea
10.11. Survey on Different Patients Utilizing Home Ventilation Support in Hungary
10.12. Asthma Patients Often Face A Communication Gap With Pulmonologists
10.13. Most Patients In Saudi Arabia Are Dissatisfied With Anaesthetic Care
10.14. COPD Patients Face Difficulties In Handling Inhalers
10.15. Digital Connectivity Of Respiratory Devices Improves COPD Patients' Medical Condition
10.16. Physicians Nurses In Egypt Lack Knowledge About Anesthetic Contamination Disposal
10.17. Incorrect Disposal Of Used Inhalers In The UK
10.18. Laryngeal Mask Airway (LMAc) Are Most Commonly Used In Pediatric Anesthetic Practices In India Among Supraglottic Airway Devices (SADs)
11. Anesthesia Respiratory Devices Market Trends Strategies
11.1.1. Smart Inhalers For Asthma Patients
11.1.2. Physiological Closed-Loop Controlled (PCLC) Devices
11.1.3. Wearable Respiratory Devices
11.1.4. New Product Launches
11.1.5. Portable Sleep Apnea Diagnostic Devices For At-Home Care
11.1.6. Increasing Adoption Of Portable Systems
11.2. Nebulizers Trends
11.2.1. New Portable Easy To Use Nebulizers
11.2.2. Vibrating Mesh Technology
11.2.3. Nebulizers To Treat New Diseases
11.2.4. Increased Merger Acquisition Activity
11.2.5. Use Of Environmental Friendly Material
11.3. Masks Trends
11.3.1. Biodegradable Reusable Surgical Masks
11.3.2. Nanotechnology Enabled N-95 Respirators
11.3.3. Tie-ups Between Governments Mask Manufacturing Companies
11.3.4. Increasing Demand For Masks Through Online Channels
11.3.5. Increasing Demand For Personalized/ Customized Masks
11.3.6. General Public Purchasing Non-Surgical Masks
11.3.7. Reusable Silicon Face Mask
11.4. Pulse Oximeters Spirometers Trends
11.4.1. Smart Wireless Pulse Oximeters Spirometers
11.4.2. Wearable Pulse Oximeters
11.4.3. Artificial Intelligence Aided Spirometer Pulse Oximeter Platforms
11.4.4. Increased Use Of Pulse Oximeters Spirometers At Home
11.4.5. Rising Collaborations Partnerships
12. Impact of COVID-19 on Anesthesia Respiratory Devices Market
12.1. Soaring Demand
12.2. Restrictions On Supply
12.3. Increase In Pricing
12.4. Decreasing Demand For Anesthesia Equipment Due To The Pandemic
12.5. Market Normality
13. Anesthesia Respiratory Devices Market Opportunity Assessment, PESTEL Analysis
13.1. Political
13.2. Economic
13.3. Social
13.4. Technological
13.5. Environmental
13.6. Legal
14. Global Anesthesia Respiratory Devices Market Regulatory Landscape
Companies Mentioned
- Resmed Inc.
- Koninklijke Philips N.V.
- General Electric Company
- Cardinal Health, Inc.
- Medtronic Plc
For more information about this report visit https://www.researchandmarkets.com/r/d5kx1m
