Anesthesia and Respiratory Devices Global Market 2022: Sector to Reach $62.3 Billion by 2027 at a CAGR of 7.46%


Dublin, Feb. 15, 2023 (GLOBE NEWSWIRE) -- The "Anesthesia and Respiratory Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global anesthesia and respiratory devices market size reached US$ 40.46 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 62.3 Billion by 2027, exhibiting a CAGR of 7.46% during 2021-2027.

Companies Mentioned

  • 3M Company
  • Becton
  • Dickinson and Company
  • Dragerwerk AG & Co. KGaA
  • Fisher & Paykel Healthcare Corporation Limited
  • GE HealthCare (General Electric)
  • Getinge AB
  • Hamilton Medical (Hamilton Bonaduz AG)
  • ICU Medical Inc.
  • Koninklijke Philips N.V.
  • Masimo Corporation
  • Medtronic plc
  • SunMed LLC
  • Teleflex Incorporated

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Anesthesia and respiratory devices aid in enhancing the care of patients suffering from acute and chronic respiratory diseases. They also assist in improving the performance of diagnostic, therapeutic, and monitoring functions. They comprise dosing units, respiratory devices, and monitoring equipment.

They facilitate automatic adjustment of inhalation and exhalation as per the requirement of patient. As a result, anesthesia and respiratory devices are utilized in hospitals, clinics, home care settings, and ambulatory and dialysis centers.

The increasing prevalence of respiratory disorders and other ailments, such as chronic obstructive pulmonary disease (COPD), asthma, and tuberculosis, among the masses represents one of the major factors positively influencing the demand for anesthesia and respiratory devices worldwide. It can also be attributed to the rising geriatric population, which is more susceptible to these medical conditions.

In addition, the growing incidences of airborne diseases and the increasing air pollution levels are contributing to the market growth. It can also be accredited to the growing number of smokers and alcohol consumption due to hectic lifestyles. Moreover, the rising number of fatal road accidents is resulting in severe injuries, which is catalyzing the demand for anesthesia and respiratory devices across the globe.

Apart from this, there is an increase in the uptake of health insurance policies that provide financial assistance for various medical treatments to minimize healthcare expenses. Along with this, the growing preference for minimally invasive (MI) surgical procedures among patients and healthcare professionals is creating a positive outlook for the market.

Furthermore, significant improvements in the healthcare infrastructure, improved diagnostic technologies, and research and development (R&D) activities by key players for introducing novel devices are anticipated to offer lucrative growth opportunities to industry investors.

Key Questions Answered in This Report:

  • How has the global anesthesia and respiratory devices market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global anesthesia and respiratory devices market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global anesthesia and respiratory devices market and who are the key players?
  • What is the degree of competition in the industry?

Report Metrics:

Report AttributeDetails
No. of Pages142
Forecast Period2021 - 2027
Estimated Market Value (USD) in 2021$40.46 Billion
Forecasted Market Value (USD) by 2027$62.3 Billion
Compound Annual Growth Rate7.4%
Regions CoveredGlobal

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Anesthesia and Respiratory Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Product Type
6.1 Anesthesia Devices
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Anesthesia Delivery Machines
6.1.2.2 Anesthesia Disposables and Accessories
6.1.2.3 Anesthesia Monitors
6.1.2.4 Anesthesia Information Management Systems
6.1.3 Market Forecast
6.2 Respiratory Devices
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Therapeutic Devices
6.2.2.2 Masks
6.2.2.3 Ventilators
6.2.2.4 Nebulizers
6.2.2.5 Humidifiers
6.2.2.6 Oxygen concentrators
6.2.2.7 Inhalers
6.2.2.8 Reusable Resuscitators
6.2.2.9 Nitric Oxide Delivery Units
6.2.2.10 Capnographs
6.2.2.11 Gas Analyzers
6.2.2.12 Oxygen Hoods
6.2.3 Market Forecast
6.3 Monitoring Devices
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Diagnostic Devices
6.4.1 Market Trends
6.4.2 Key Segments
6.4.2.1 Spirometers
6.4.2.2 Polysomnography (PSG) Devices
6.4.2.3 Peak Flow Meters
6.4.3 Market Forecast
6.5 Consumables and Accessories
6.5.1 Market Trends
6.5.2 Key Segments
6.5.2.1 Disposable Resuscitators
6.5.2.2 Tracheostomy Tubes
6.5.2.3 Nasal Cannulas
6.5.2.4 Disposable Masks
6.5.2.5 Others
6.5.3 Market Forecast

7 Market Breakup by End User
7.1 Hospitals
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Clinics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Homecare Settings
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Ambulatory Service Centers
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by Region

9 SWOT Analysis

10 Value Chain Analysis

11 Porters Five Forces Analysis

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/6onbi2-and?w=12

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Global Anesthesia and Respiratory Devices Market

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