VAPORIZER MARKET ANALYSIS

Market Challenges And Opportunities

Global Vaporizer Market Restraints

Absence of advanced anesthetic vaporizers in emerging regions such as Africa is expected to hinder the global vaporizer market growth. For instance, in 2017, Western Michigan University conducted a comparative study of public and private healthcare system of South Africa. The study revealed that public hospitals had very poor facilities as compared to private hospitals. Even private hospitals had fewer facilities. It indicates that modernized vaporizers may not have been introduced in emerging economies due to lack of supporting healthcare infrastructure. Therefore, these factors are expected to restrain the global vaporizers market growth.

Moreover, anesthetic vaporizers require constant supply of electricity (Aladin Cassette – GE Healthcare product), which may hinder adoption of these devices in emerging economies where there is lack of constant supply of electricity. Some of the hospitals and surgical centers present in emerging economies have poor infrastructure and are unable to provide continuous supply of power. According to the World Data Bank, in 2016, only 26.7% population of Uganda had access to electricity. Therefore, this factor may restrict the global vaporizer market growth in emerging countries in regions such as Africa, Latin America, and Asia Pacific.