Anesthesia and Respiratory Devices Market Trend, Competitive Analysis, Future Growth Prospects and Forecast 2028
The Global Anesthesia and Respiratory Devices Market is forecast to reach USD 57.29 Billion by 2028, according to a new report by Reports and Data. These devices are used for diagnosis and treatment of respiratory diseases such as asthma, tuberculosis, pneumonia and chronic obstructive pulmonary disease (COPD). These devices help patients suffering from acute and chronic diseases and respiratory diseases.
Growth in people suffering from respiratory diseases coupled with a rise in the number of surgical procedure will boost the market growth. Factors such as rapid urbanization, increase in geriatric population, rise in pollution, an increase in tobacco consumption, and growth in surgical procedures are also encouraging the growth of the market.
Factors such as innovations in respiratory care devices and government support for the launch of these devices also boost the market. High demand for anesthesia and respiratory devices will also propel market growth. Growing demand for therapeutic devices for homecare and increase in expenditure in healthcare will provide ample opportunities for the growth of the market.
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Further key findings from the report suggest
- Neuro-robotic Systems held a market share of 24% in the year 2020.
- Anesthesia Delivery Machine aids in providing drugs to patients in pain. It transfers constant and accurate supply of medical gases and anesthetic vapor at desired pressure and flow. It held a market share of 27% in the year 2020.
- Therapeutic Devices such as infusion pumps, pacemakers, hemodialysers, ventilators, and spinal stimulators attempt to replace certain critical physiological functionalities or provide needed pain therapy. It held a market share of 28% in the year 2020.
- Diagnostic Devices is forecasted to hold a market share of 26% in the year 2028. It is used to identify the nature of certain phenomenon, generally related to a medical condition.
- Examples of diagnostic devices are magnetic resonance imaging apparatuses, temperature sensors or pacemakers.
- Hospitals held a market share of 27% in the year 2020. Research institutes are forecasted to hold a market share of 21% in the year 2028.
- Clinics are forecasted to have the highest market growth rate of 7.5% throughout the forecast period.
- Cerebral Palsy held a market share of 21% in the year 2020. Children who suffer from the disease also have problem breathing and develop infections. Respiratory devices are commonly used among patient suffering from cerebral palsy.
- Europe is forecasted to hold a market share of 24% in the year 2028. High per capita income and investment in the healthcare sector boost the growth of the market in the region.
Key Players covered in this report are:
Ambu S/A, 3M Company, Becton, Dickinson and Company, Drägerwerk AG & Co., KGaA, Chart Industries Inc., Surgical Care Affiliates, Fisher & Paykel Healthcare Limited, GE Healthcare, Hamilton Medical AG, Invacare Corporation, Masimo Corporation, and ResMed Inc., among
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Product Outlook (Revenue, USD Billion; 2020-2028)
- Neuro-robotic Systems
- Brain Computer Interface
- Non-invasive Stimulators
- Wearable Device
Anesthesia Devices Outlook (Revenue, USD Billion; 2020-2028)
- Anesthesia Delivery Machines
- Anesthesia Disposables & Accessories
- Anesthesia Monitors
- Anesthesia Information Management Systems
Respiratory Devices Outlook (Revenue, USD Billion; 2020-2028)
- Therapeutic Devices
- Monitoring Devices
- Diagnostic Devices
- Consumables & Accessories
Application Outlook (Revenue, USD Billion; 2020-2028)
- Cerebral Palsy
- Parkinson’s disease
- Spinal Cord Injury
- Traumatic Brain Injury
Geographic Segment Covered in the Report:
The Anesthesia and Respiratory Devices report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Major Points covered in this report are as below:
• The Anesthesia and Respiratory Devices industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Anesthesia and Respiratory Devices Market report provides key statistics on the market status of the Anesthesia and Respiratory Devices manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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