Anaesthesia delivery devices Market Synopsis
The anaesthesia delivery devices market, as Market Research Future (MRFR), suggests is all set to achieve 8.2% CAGR during the forecast period (2017-2023). Anaesthesia delivery devices play a pivotal role during a medical surgery where it helps in making the patient unconscious during the procedure. The device generates, blends, and delivers fresh medical gas flow with anaesthetic agents to have control over the entire process. The process often includes a mechanical ventilator, breathing system, suction equipment, and patient monitoring devices to ensure smooth workflow. MRFR in their detailed report on the said market included segmental analysis and factors that can impact the market in the coming years. The report also contains expert comments and updated information on the major market players’ portfolios.
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The anaesthesia delivery devices market centers around the growing need for surgical procedure across the world as the prevalence of chronic diseases is on the rise. Advanced technologies are amply backing up the modern surgical requirements and, in the process, are fostering growth for the market. However, the supply-demand relationship is facing some crises globally. Both the developed and developing countries are facing a shortage regarding anaesthesia delivery devices. Manufacturers across the globe are trying to figure out some sort of solution. One such is the integration of artificial intelligence (AI) that can ensure specific delivery and reduce the cost in the process. Such technological association can surely guide the anaesthesia delivery devices market to better prospects.
Market Segmentation:
As described in the MRFR report, the global anaesthesia delivery devices market can be segmented by types and end-users.
Based on types, the anaesthesia delivery devices market can be segmented monitoring devices, anaesthesia delivery devices, disposables device and other. The disposables device segment includes anaesthesia masks and anaesthesia accessories.
Based on the end-users, the anaesthesia delivery devices market comprises hospitals, clinics, research facilities, and others.
Geographical Analysis
The Asia Pacific region dominates the global anaesthesia delivery devices market accounting for the largest market share. Factors substantiating the market growth include increasing number of surgeries and economic development. Rapidly growing markets in countries, such as China, Japan, and India, are expected to push up the market growth in the region.
Geographically, Asia Pacific region is expecting the fastest growth for the anaesthesia delivery devices market. The Asia Pacific region is projected to continue with its dominance followed by the North American region closely during the forecast period.
The anaesthesia delivery devices market in the North American region accounts for the second largest market. Extensive uptake of advanced technologies, accessibility to products & services, and the emphasis on delivering cost-competitive devices foster the market growth in the region.
The European market for anaesthesia delivery devices is expected to emerge as a promising market over the review period. Countries such as the UK, Germany, and France, backed by the adoption of technologies, purchasing power, and the presence of global players along with the concerns over the cost of health care drive the anaesthesia delivery devices market in the region.
Competitive Analysis
The advance anesthesia devices market is grounded on new product launches and clinical results of products. Characterized by the presence of several well-established and small players, the global market of anesthesia monitoring devices appears to be highly competitive and fragmented. With well-established market in the North America region major companies like Smiths Medical, Inc., Nihon Kohden Corporation, General Electric Company have their home in the region and generate maximum market share. The companies have extended their working units in various other emerging regions. Moreover, the other small and medium scale players generate revenue from local market.
TOC
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
- GLOBAL ANAESTHESIA DELIVERY DEVICES MARKET, BY TYPE
5.1 MONITORING DEVICES
5.2 ANAESTHESIA DELIVERY DEVICES
5.3 DISPOSABLES DEVICE
5.3.1 ANAESTHESIA MASKS
5.3.2 ANAESTHESIA ACCESSORIES.
5.4 OTHER
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