Global 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), 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), as highlighted in a new report published by . Increasing adoption of collaborations and partnerships by key players are expected to propel the market growth over the forecast period. For instance, in August 2019, Milestone Scientific Inc. signed a distribution agreement with Paragon Care Limited, a provider of medical equipment, devices, and consumables in Australia. Under the agreement, Milestone’s product, CompuFlo Epidural System, will be distributed by Paragon Care Limited. CompuFlo Epidural System is an alternative to the conventional syringe with pressure sensing technology, which allows anesthesiologists to easily identify the epidural space and improve patient outcomes. Increasing usage of epidural anesthesia during labor is expected to drive growth of epidural anesthesia disposable devices market growth over the forecast period. For instance, according to the National Center for Health Statistics reports, around 60% of women in labor use an epidural, spinal or combined spinal-epidural anesthesia in the U.S. Moreover, rising incidence of orthopedic surgeries, vascular surgeries, and others are expected to boost growth of the epidural anesthesia disposable devices market over the forecast period. For instance, according to the National Vascular Registry, 2018, the number of endovascular lower limb procedures performed in 2016 was around 6,670, which increased to around 7,402 in 2017 in the U.K. Browse 32 Market Data Tables and 25 Figures spread through 173 Pages and in-depth TOC on ‘Epidural Anesthesia Disposable Devices Market’- Global Forecast to 2027, 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) To know the latest trends and insights prevalent in the Epidural Anesthesia Disposable Devices Market, click the link below: https://www.coherentmarketinsights.com/market-insight/epidural-anesthesia-disposable-devices-market-2413 North America is expected to hold a dominant position in the epidural anesthesia disposable devices market over the forecast period, owing to adoption of growth strategies such as product launches, investments, and facility expansion by the market players in the region to enhance their market presence. For instance, in 2016, Cambrex, a leading small molecule API contract manufacturer, completed expansion at its Iowa, U.S.-based manufacturing site, adding 1,000 and 4,000 gallon glass-lined reactors in the 7,500-square-foot plant. Moreover, rising adoption of inorganic growth strategies such as distribution agreement, collaborations, and acquisitions by market players in North America are expected to boost the epidural anesthesia disposable devices market growth in the region during the forecast period. For instance, in April 2018, Milestone Scientific Inc. signed a distribution agreement with Clinical Technology Inc., a specialty distributor of medical products and devices in the U.S. Under the agreement, Milestone’s product, CompuFlo Epidural System, will be distributed by Clinical Technology Inc. Key Takeaways of the Epidural Anesthesia Disposable Devices Market:
- The global epidural anesthesia disposable devices market is expected to exhibit a CAGR of 9.3% over the forecast period, owing to increasing adoption of collaborations and acquisition strategies, and rising product launches by the market players. For instance, in October 2018, B. Braun Melsungen AG launched NRFit Connectors at the American Society of Anesthesiologists (ASA) Meeting held in Chicago, U.S.
- Among product type, epidural anesthesia needles segment held dominant position in the epidural anesthesia disposable devices market in 2018, owing to development of advanced devices by the market players. For instance, in 2015, Rivanna Medical received the 510(k) U.S. FDA clearance for its Accuro device, which is developed for anesthesia needle guidance.
- Among age group, adults segment held dominant position in the epidural anesthesia disposable devices market in 2018, owing to rising adoption of epidural anesthesia in adults, for labor pain management during pregnancy. The support of healthcare and government organizations for usage of epidural anesthesia in pain relief during labor is expected to increase the adoption of epidural anesthesia disposable devices. This is further expected to propel the market growth over the forecast period. For instance, in February 2018, the World Health Organization (WHO) recommended epidural analgesia for healthy pregnant women for pain relief during labor.
- Companies operating in the global epidural anesthesia disposable devices market include B. Braun Melsungen AG, Becton, Dickinson and Company, Teleflex Incorporated, Smiths Medical, Sarstedt, Inc., Epimed, Egemen International, SFM Medical Devices, VOGT Medical, Vygon, and Flat Medical
