Anesthesia and Respiratory Devices Market is expected to generate a revenue of USD 46.08 Billion by 2026, Globally, at 7.15% CAGR: Verified Market Research®
The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Anesthesia and Respiratory Devices Market.
Jersey City, New Jersey, Nov. 23, 2022 (GLOBE NEWSWIRE) — Verified Market Research recently published a report, “Anesthesia and Respiratory Devices Market” By Product (Anesthesia, Respiratory Devices), By End User (Hospitals, Ambulatory Service Centers, Homecare, Clinics), By Geographic Scope, And Forecast.
As per the deep research carried out by Verified Market Research, the global Anesthesia and Respiratory Devices Market size was valued at USD 26.55 Billion in 2018 and is projected to reach USD 46.08 Billion by 2026, growing at a CAGR of 7.15 % from 2019 to 2026.
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202 – Pages
126 – Tables
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Global Anesthesia and Respiratory Devices Market Overview
Patients with poor respiratory function are manually supplied with respiratory gas through respiratory devices. Controlled respiration and aided respiration are the two types of breathing. Modern devices are aided by automated inhalation and exhalation adjustment to the patient’s demands, and they appear to be successful in terms of mucus expectoration and pulmonary function improvement. These devices come in a variety of variants, including breathing equipment for mobile homes, long-term care, and acute care. There have been considerable technological advancements in medical devices. New technologies have enhanced the practice of anesthesiology, and monitoring has been simpler, quicker, safer, and less chaotic.
The demand for anesthesia and respiratory equipment is increasing due to rising rates of respiratory illness and an increase in surgical operations. The prevalence of respiratory disorders is rising as a result of an aging population and rising pollution. Several serious respiratory conditions include lung cancer, COPD, asthma, acute lower respiratory tract infection, and TB. These five illnesses are among the most frequent causes of serious illness and death globally, placing a heavy load on global health. Around 334 million people worldwide suffer from asthma, while more than 200 million individuals in the globe have COPD. More than 10% of all life years with a disability-adjusted are caused by respiratory disorders, which are the second biggest cause after cardiovascular diseases. Globally, anesthesiology is undergoing a significant transformation, and research is a key driver of this transition and the advancement of anesthetic equipment. A fresh opportunity for the market is created by increasing healthcare spending and replacing old and out-of-date equipment in hospitals and other health facilities with new and updated equipment.
The major players in the market are Teleflex Incorporated, SunMed, Smiths Group Plc., ResMed Inc., Medtronic Plc., Masimo Corporation, Koninklijke Philips N.V., Invacare Corporation, Hamilton Medical AG, and GE Healthcare.
Verified Market Research has segmented the Global Anesthesia and Respiratory Devices Market On the basis of Product, End User, and Geography.
- Anesthesia and Respiratory Devices Market, By Anesthesia
- Anesthesia Delivery Machines
- Anesthesia Disposables & Accessories
- Anesthesia Monitors
- Anesthesia Information Management Systems
- Respiratory Devices
- Therapeutic Devices
- Monitoring Devices
- Diagnostic Devices
- Consumables & Accessories
- Anesthesia Delivery Machines
- Anesthesia and Respiratory Devices Market, By End User:
- Ambulatory Service Centers
- Anesthesia and Respiratory Devices Market, By Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
- North America
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