Epidural Anesthesia Disposable Devices Market Size and Trends

Epidural Anesthesia Disposable Devices Market, by Product Type (Continuous Epidural Tray, Single Dose Epidural Tray, Epidural Anesthesia Needles, and Others), by Age Group (Adults, and Pediatrics), by End User (Hospitals, Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Dec 2019

Code : CMI2413

Pages :173

Formats :

Excel and PDF

Industry : Medical Devices

Epidural Anesthesia Disposable Devices MarketSize and Trends

The global epidural anesthesia disposable devices market was valued at US$ 1,056.5 million in 2018, and is expected to exhibit a CAGR of 9.3% over the forecast period (2019-2027).

Rising adoption of epidural anesthesia for performing delivery is expected to boost growth of the epidural anesthesia disposable devices market

Rising adoption of epidural anesthesia in cesarean deliveries to ease pain is expected to propel the market growth over the forecast period. For instance, according to the National Health Service (NHS) Maternity Statistics, October 2018, nearly 100,000 emergency cesarean deliveries were carried out in England, U.K., among these 21% deliveries were undertaken with epidural anesthesia during 2017-2018.

Increasing focus of key players to enhance their production facility and to expand their geographical footprint to cater to rising demand for safe and efficient pain management during labor and surgeries are expected to drive the market growth during the forecast period. For instance, in July 2019, Sarstedt Inc., started construction of a medical equipment manufacturing plant in the Maryino industrial park in St. Petersburg, Russia. Commercial production of the plant is scheduled to begin in May 2022. Furthermore, in December 2016, Sarstedt Inc., invested US$ 6 million for expanding its Newton production facility, U.S. With this expansion, company increased its injection molding and assembly operation capacities.

Increasing product launches by key players is expected to boost growth of the epidural anesthesia disposable devices market over the forecast period. For instance, in December 2017, Becton, Dickinson and Company launched BD Pyxis Anesthesia Station ES platform at American Society of Health-system Pharmacists (ASHP) mid-year meeting held at Orlando, U.S. BD Pyxis offers medication safety and anesthesia workflow efficiency in the operating room. This solution helps to control access to medication, standardizes medication management, and supports regulatory compliance.