The global anesthesia and respiratory devices market is projected to grow at a CAGR of 8.16% to grow to US$30.063 billion in 2023, increasing from US$20.311 billion in 2017. The global anesthesia and respiratory devices are expected to witness a significant boost in sales over the coming years on account of rising global aging population and a surge in the prevalence of disorders such as Obstructive Sleep Apnea (OSA) and respiratory diseases such as chronic obstructive Pulmonary Diseases (COPD). Growing global medical tourism industry will provide a great opportunity for the growth of anaesthesia and respiratory devices while further complementing its demand in various emerging economies owing to the increase in number of healthcare centres worldwide.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study, have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global anaesthesia and respiratory device value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
The major players discussed in this report include General Electric Company, Teleflex Inc., Getinge AB, OSI Systems, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Covidien, Koninklijke Philips N.V., Invacare Corporation, and ResMed among others.
In the report, global anaesthesia and respiratory devices market has been segmented by products and geography:
Respiratory Disposable Devices
Respiratory Measurement Devices
Middle East and Africa (MEA)
Asia Pacific (APAC)