Global Anesthesia Devices Market to Grow by 6.9% (2013-2020) to Reach $11.7bn by 2020
Wednesday 04 Sep 2013
Industry Experts has today unveiled the new 2013 version of the market research report on Anesthesia Devices. As per the new report, The global market for Anesthesia Devices is estimated at US$7.4 billion in 2013 and forecast to be US$8.1 billion in 2014. Maintaining a CAGR of about 7.5% between 2010 and 2020, Anesthesia Devices market worldwide is further projected to reach US$11.8 billion by 2020.
Procuring refurbished anesthesia equipment has been a significantly noticeable trend among a number of healthcare organizations, clinics and outpatient surgery centers. The familiarity of anesthetists with a specific machine due to years of proficiency in using it and longer waiting periods for new equipment to be delivered are factors that have opened the gates for refurbishers to enter the anesthesia equipment marketplace. Other reasons for investing in comparatively cheaper refurbished equipment include easy availability of spare parts that can help in keeping the machines in proper working order, which can also be used in cases of maintaining back-ups. Readily available parts help in decreasing downtime, and facilities with extensive research departments opt for refurbished equipment for extending their purchasing power within limited budgets, thereby ensuring that resources are either stretched to the maximum or employed for other gainful and unavoidable requirements.
The evolution of anesthesia machines has encompassed the journey from being standalone non-networked systems to networked anesthesia workstations that comprise anesthesia monitors and anesthesia information systems (AIMS). The last decade has witnessed manufacturers introducing anesthesia machines with features, such as advanced ventilators, additional and new modes of ventilation, graphical screens, and loops that offer a clearer picture of the patient, with a major proportion of the ventilators being electronic and driven by software. The buyer now has several advanced ventilation options to choose from, such as synchronized intermittent mandatory ventilation (SIMV), pressure support ventilation (PSV) and pressure controlled ventilation-volume guaranteed (PCV-VG), with the additional alternative of either updating them or purchasing them on a prioritized basis.
Anesthesia device product segments analyzed in this study include Delivery Machines, Disposables & Accessories, Monitors and Information Systems. Globally, demand for Anesthesia Disposables & Accessories accounts for the largest share estimated at 37.2% in 2013 that equates to US$2.8 billion.
The report reviews, analyses and projects the anesthesia devices market for global and the regional markets including North America, Europe, Asia-Pacific and Rest of World. The regional markets further analyzed for 13 independent countries across North America – The United States and Canada; Europe – Germany, the United Kingdom, France, Italy, Spain, Bulgaria, Czech Republic and Hungary; Asia-Pacific – Japan, China and India.
This 230 page global market study includes 84 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. The statistical tables represent the data for the global market value in US$ by geographic region and product segment. This report profiles 33 key global players and 39 major players across North America – 17; Europe – 13; Asia-Pacific – 8 and Rest of World - 1. The research also provides the listing of the companies engaged in manufacturing and supply of anesthesia devices. The global list of companies covers addresses, contact numbers and the website addresses of 172 companies.
Hyderabad, India based Industry Experts is a multi industry focused business information provider.
For more details, please visit http://industry-experts.com/verticals/healthcare/anesthesia-devices-a-global-market-overview.html