ANESTHESIA AND RESPIRATORY DEVICES MARKET ANALYSIS

Anesthesia and Respiratory Devices Market, by Product Type (Anesthesia Devices {Anesthesia Monitoring System (Advanced Anesthesia Monitor (Anesthesia Gas Monitor, Depth of Anesthesia Monitors, Standalone Capnography Monitors, and MRI Compatible Anesthesia Monitor) and Basic Anesthesia Monitors), Anesthesia Machines (Portable Anesthesia Machines and Standalone Anesthesia Machines), Anesthesia Workstation, Anesthesia Ventilators, and Anesthesia Disposables and Accessories}) and (Respiratory Devices (Therapeutic Devices (Positive Airway Pressure (PAP) Devices, Inhalers, Humidifiers, Oxygen Concentrators, Reusable Resuscitators, Respiratory Mask, Nitric Oxide Delivery Units, and Others), Monitoring Devices (Pulse Oximeters, Capnographs, and Gas Analyzers), Diagnostic Devices (Spirometer, Peak Flow Meters, Polysomnography Devices, and Others) and Consumables and Accessories (Tracheostomy Tubes, Nasal Cannulas, and Others), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Home Care Settings), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Oct 2022
Code : CMI532
Pages :156
Formats :
Excel and PDF
Industry : Medical Devices

Anesthesia And Respiratory Devices MarketSize and Trends

Global anesthesia and respiratory devices market is estimated to be valued at US$ 32,565.8 million in 2022 and is expected to exhibit a CAGR of 6.1 % during the forecast period (2022-2030).

Figure 1.Global Anesthesia and Respiratory Devices Market Share (%), by Product Type, 2022

Anesthesia and Respiratory Devices Market Report Coverage

Increasing number of product launches by the key market players is anticipated to propel the market growth

Increasing number of product approvals by regulatory authorities is expected to fuel growth of the anesthesia and respiratory devices market.

Global Anesthesia and Respiratory Devices Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.

COVID-19 has affected the economy in three main ways: by directly affecting production and demand of drugs and vaccines, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, U.A.E., Egypt, and others, faced problems with regard to the transportation of drugs and vaccines from one place to another. However, the COVID-19 had a positive impact on the anesthesia devices and respiratory devices market, owing to the increase in the demand of respiratory devices such as ventilators across the globe. For instance, on August 26 2022, U.S. Food and Drug Administration (FDA) released an update about medical device shortage due to COVID-19 pandemic. Categories of devices in the device shortage list were Dialysis-Related Products, Personal Protective Equipment, Testing Supplies and Equipment and Ventilation-Related Products.