MarketsandMarkets: Global Anesthesia and Respiratory Devices Market Worth US$12.7 Billion by 2015
By Marketsandmarkets, PRNEWednesday, February 9, 2011
DALLAS, February 10, 2011 - According to a new market research report, "Global Anesthesia and
Respiratory Devices Market (2010-2015)" published by MarketsandMarkets
(www.marketsandmarkets.com), the total global anesthesia and
respiratory devices market is expected to be worth US$12.7 billion by 2015,
out of which GE Healthcare will account for nearly 12% of the total revenues.
The global market is expected to record a CAGR of 9.2% from 2010 to 2015.
Browse 116 market data tables and in-depth TOC on Anesthesia and
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www.marketsandmarkets.com/Market-Reports/respiratory-devices-349.html
Anesthesia and respiratory devices market is witnessing a steady growth
on the global level due to rising incidence of chronic obstructive pulmonary
diseases, obtrusive sleep apnea and asthma. Initially, anesthesia and
respiratory devices were designed and developed for operating rooms. However,
with increase in awareness amongst the masses and advances in technology,
these devices have found a place in post-operative care units, delivery rooms
and critical care units; thereby increasing their demand. Critical care
units, emergency rooms, operation theaters at hospitals, home healthcare and
transport form the end-user segments for anesthesia and respiratory devices.
Rising incidence of respiratory diseases such as OSA and COPD are the
major factors influencing the market for the respiratory devices. This
segment accounts for the largest share of the anesthesia and respiratory
devices market. Increasing medical tourism and rising healthcare expenditure
in emerging economies for building up the healthcare infrastructure will
subsequently drive the demand for anesthesia devices.
The U.S. market for anesthesia and respiratory devices market is expected
to grow due to an increase in the number of patients suffering from COPD. In
the U.S., around 12 million people are suffering from COPD. Increasing aging
population, more number of outpatient surgeries performed and availability of
reimbursement for anesthesia and respiratory devices market drive the demand
in the U.S. market.
The market for anesthesia and respiratory devices in the BRIC (Brazil,
Russia, India and China) is increasing due to many factors. Rising government
expenditure towards healthcare is one of the major factors impacting these
markets. The government of China allocated a budget of $125 billion towards
healthcare reforms between 2009 and 2011. The government has decided to build
30,000 new hospitals, clinics and care units during this period. This will
invigorate the market, provided market players focus towards providing cost
effective and user friendly devices along with bundled services to train
people keeping the skill level of practitioners in mind. The Russian
government plans to allocate $10 billion from 2011 to improve healthcare in
the economy. The Russian healthcare delivery centers will focus on replacing
their outdated devices.
Scope of the report
This research report categorizes the anesthesia and respiratory devices
market into the following:
- Anesthesia devices: anesthesia machines and anesthesia Disposables - Respiratory devices: respiratory disposables, respiratory devices and respiratory measurement devices
Analyst Briefing Presentation on the Global Anesthesia and Respiratory
Devices Market (2010 - 2015) to be held on March 1, 2011
The "Medical Devices" practice at MarketsandMarkets is pleased to
announce its "Analyst Briefing Presentation" on the "Global Anesthesia and
Respiratory Devices Market" to be held on March 1, 2011.
www.marketsandmarkets.com/AnalystBriefing/anesthesia.asp
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