Global Anesthesia And Respiratory Devices Market Overview
Anesthetic devices provide a continuous and appropriate supply of medical gases mixed with anesthetic vapor. It meets the necessity of an induced coma. Respiratory devices helps to improve pulmonary function by eradicating any mucus in the respiratory airways. Respiratory devices are dominating the market as compared to anesthetic devices, which have limited number of end users. Growth in healthcare expenditure has resulted in patient preference from hospital care to home care setting. Therefore, portable devices demand is growing in order to achieve better healthcare monitoring.
Global Anesthesia And Respiratory Devices Market Dynamics
Increasing incidence of respiratory diseases
Rising cases of chronic obstructive pulmonary disease (COPD) and respiratory emergencies are the major factors driving the global anesthesia and respiratory devices market growth. According to data published by the World Health Organization (WHO) in 2017, 65 million people suffer from moderate to severe COPD, leading to 3 million deaths. COPD is the third most deadly disease worldwide. Growing cases of bronchitis, asthma, and COPD are due to increase in air pollution levels. WHO reports that 9 out of 10 people are breathing air having a high concentration of pollutants. Further, as per the data stated by United Nations in 2018, the global geriatric population was about 809.4 million, and by 2050 it is expected to rise more than double to reach an projected population of over 2,000 million. The geriatric population is linked with various respiratory severe disorders that needs continuous long term ventilation.
Supportive government initiatives
Supportive government initiatives, particularly in emerging countries, will drive the target technological advancement in anesthesia and respiratory devices in the coming years and is projected to fuel their demand. Key players are involved in innovating patient care through integration of enhanced patient monitors, wireless devices, innovative parameters, integrated IT solutions, and workflows further drives the demand. These advancements allows various anesthesiologists and clinicians to deliver customized solutions to end users. Moreover, other value added services such as predictable patient care, streamlining anesthesia documentation process, and access to clinical information optimizes the process. For instance, Philips and B. Braun signed a partnership agreement to develop advanced ultrasound guided therapy regional anesthesia.
However, rising costs of anesthesia and respiratory devices and growing incidence of ventilator-associated pneumonia are expected to limit the target market growth.
Global Anesthesia And Respiratory Devices Market Segmentation
The global anesthesia and respiratory devices market is segmented based on product type, end-user, and region.
On the basis of product type, the global anesthesia and respiratory devices market is segmented into anesthesia devices (anesthesia delivery machines, anesthesia disposables & accessories, anesthesia monitors, and anesthesia information management systems (aims)), respiratory devices (therapeutic devices, masks, ventilators, nebulizers, humidifiers, oxygen concentrators, inhalers, reusable resuscitators, nitric oxide delivery units, capnographs, gas analyzers, and oxygen hoods), monitoring devices, diagnostic devices, and consumables & accessories. Based on end-user, the global market is bifurcated into hospitals, ambulatory service centers, homecare, and clinics.
Regional Insights:
On region the global anesthesia and respiratory devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America led the target market in 2018 due to rising adoption of technological advanced devices in the region. Additionally, growing investments by the pharmaceutical companies, and increasing healthcare expenditure. Japan estimates for highest market share in Asia Pacific. A lucrative growth in the geriatric population in Japan is driving the growth of the global market. Countries such as India and China are also expected to register significant population suffering from pulmonary diseases. According to the data published in International Journal of Pulmonary and Respiratory Sciences, in 2016, India is the second biggest cause of death for COPD. Rise in the cases of respiratory diseases is projected to boost the market in the developing countries of Asia Pacific.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Product type - Anesthesia Devices (Anesthesia Delivery Machines, Anesthesia Disposables & Accessories, Anesthesia Monitors, and Anesthesia Information Management Systems (AIMS)), Respiratory Devices (Therapeutic Devices, Masks, Ventilators, Nebulizers, Humidifiers, Oxygen Concentrators, Inhalers, Reusable Resuscitators, Nitric Oxide Delivery Units, Capnographs, Gas Analyzers, and Oxygen Hoods), Monitoring Devices, Diagnostic Devices, and Consumables & Accessories By End-user -Hospitals, Ambulatory Service Centers, Homecare, and Clinics |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global Anesthesia and Respiratory Devices market report based on product type, end-user, and region.
Global Anesthesia and Respiratory Devices Market, By Product Type:
- Anesthesia Devices
- Anesthesia Delivery Machines
- Anesthesia Disposables & Accessories
- Anesthesia Monitors
- Anesthesia Information Management Systems (AIMS)
- Respiratory Devices
- Therapeutic Devices
- Masks
- Ventilators
- Nebulizers
- Humidifiers
- Oxygen Concentrators
- Inhalers
- Reusable Resuscitators
- Nitric Oxide Delivery Units
- Capnographs
- Gas Analyzers
- Oxygen Hoods
- Monitoring Devices
- Diagnostic Devices
- Consumables & Accessories
Global Anesthesia and Respiratory Devices Market, By End-user:
- Hospitals
- Ambulatory Service Centers
- Homecare
- Clinics
Global Anesthesia and Respiratory Devices Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Anesthesia And Respiratory Devices Market Key Players
The key players operating the global anesthesia and respiratory devices market includes GE Healthcare, Covidien, Getinge Group, Philips Healthcare, Draegerwerk AG, Teleflex Inc., AstraZeneca, Endo International, Johnson & Johnson, and Pfizer. Manufactures are making efforts to drive innovation in the market and are investing in the development of unique and advanced devices. Further, key players are adopting various developmental strategies in emerging economies, such as Brazil and India, through acquisitions and agreements in order to expand their market shares. For instance, in March 2020, General Electric Healthcare announced that it is doubling its production capacity for ventilators and increasing its Madison, Wisconsin, production line to 24-hour operation in order to support the increasing demand to treat COVID-19.
Global Anesthesia And Respiratory Devices Market Company Profile
- GE Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Covidien
- Getinge Group
- Philips Healthcare
- Draegerwerk AG
- Teleflex Inc.
- AstraZeneca
- Endo International
- Johnson & Johnson
- Pfizer
“*” marked represents similar segmentation in other categories in the respective section
Global Anesthesia And Respiratory Devices Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Anesthesia and Respiratory Devices Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By End-user
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Anesthesia and Respiratory Devices Market, By Product Type, 2020 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Segment Trends
- Anesthesia Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Anesthesia Delivery Machines
- Anesthesia Disposables & Accessories
- Anesthesia Monitors
- Anesthesia Information Management Systems (AIMS)
- Respiratory Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Therapeutic Devices
- Masks
- Ventilators
- Nebulizers
- Humidifiers
- Oxygen Concentrators
- Inhalers
- Reusable Resuscitators
- Nitric Oxide Delivery Units
- Capnographs
- Gas Analyzers
- Oxygen Hoods
- Monitoring Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Diagnostic Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Consumables & Accessories
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Overview
- Global Anesthesia and Respiratory Devices Market, By End-user, 2020 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Segment Trends
- Hospitals
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Ambulatory Service Centers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Homecare
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Clinics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Overview
- Global Anesthesia and Respiratory Devices Market, By Region, 2020 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Product & Services, 2020 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- GE Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Covidien
- Getinge Group
- Philips Healthcare
- Draegerwerk AG
- Teleflex Inc.
- AstraZeneca
- Endo International
- Johnson & Johnson
- Pfizer
- GE Healthcare
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Anesthesia Devices Market accounted for US$ 19.5 billion in 2022 and is estimated to be US$ 56.8 billion by 2032 and is anticipated to register a CAGR of 10.6%.
The Anesthesia Devices Market is segmented based on Product Type, Disposable and Accessories, Application, End-Users and Region.
Emerging trends include the development of advanced ventilation technologies, the integration of artificial intelligence in respiratory devices, and the increasing demand for portable and home-based respiratory solutions, presenting significant opportunities in the global Anesthesia and Respiratory Devices Market.
Factors driving the market include the rising prevalence of respiratory diseases, the demand for advanced anesthesia delivery systems, advancements in respiratory care technologies, and the growing aging population requiring respiratory support, particularly in critical care settings.
The report covers regions worldwide. North America is expected to dominate the Anesthesia and Respiratory Devices Market, driven by a well-established healthcare infrastructure, a high incidence of respiratory disorders, and significant investments in research and development in the region. Other influential regions include Europe and Asia-Pacific.
The prominent players operating in the Anesthesia Devices Market includes, 3M Company, Becton Dickinson and Company, GE Healthcare, B. Braun Melsungen AG, Teleflex Inc., Koninklijke Philips N.V., Medtronic Plc., Smith Group plc., Ambu A/S, Invacare Corporation, and others.