Technavio Announces the Publication of its Research Report Global Anesthesia Vaporizers Market 2016-2020
Technavio recognizes the following companies as the key players in the global anesthesia vaporizers market: Drägerwerk, GE Healthcare, Penlon, Meditec International England, Oricare, and Spacelabs Healthcare.
Other Prominent Vendors in the market are: Beijing Siriusmed Medical Device, Beijing Vanbonmed, Beijing Yi Shiheng Electronic Technology, CM-CC, NorVap, and OES Medical.
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Commenting on the report, an analyst from Technavios team said: Presence of anesthesia vaporizer servicing companies will be a key trend for market growth. After two or three years of service, every anesthesia vaporizer should be calibrated to ensure that the vaporizer is delivering the required concentration of the anesthetic agent. If servicing of anesthesia vaporizers is not done on a timely basis, then it can lead to a leak of anesthetic agent in the outer atmosphere, which can lead to a potential health hazard. Therefore, there are few companies in the market that offer servicing of vaporizers to end-users.
According to the report, increased number of surgical procedures will be a key driver for market growth. Endoscopic surgical procedures such as colectomies and appendectomies are usually performed laparoscopically. Apart from these surgeries, there are few other surgeries that are generally performed in hospital settings, which include trauma, orthopedic, ophthalmic, laparoscopic, endoscopic, and cosmetic surgeries. Every surgical procedure can be painful; therefore, anesthesia is administered during surgical procedures to keep individuals pain free and unconscious during the procedure.
Further, the report states that anesthesiologists play a major role in providing medical care to individuals in a wide variety of situations. Most nurses are untrained in administering anesthesia. In rural areas, anesthesia is administered by nurses, who may not be sufficiently qualified. Though various chronic diseases (such as cardiovascular disease) are increasing the death cases, the number of physicians per 1,000 people is not increasing as expected. In few countries such as in Greece, Germany, and Sweden the number of physicians is higher than the average number of physicians required for the population; however, in developed countries such as Canada, the UK, and the US the number of physicians is less. Lack of supervision and knowledge about the correct use of anesthesia equipment, by the age of the individuals and the type of surgery, will pose a challenge to the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Anesthesia Delivery System
An anesthesia delivery system, which includes anesthesia machine and a breathing circuit, supports in pain management just before the surgical (pre-surgical) procedure. The anesthesia machine includes an anesthesia vaporizer, where the vaporizer mixes both anesthetic agent and oxygen together and delivers to the individual during the pre-surgical procedure through breathing circuit. Various factors such as the increasing number of surgical procedures, growing number of specialty hospitals, and hospital mergers and acquisitions (M&A) are accelerating the global anesthesia vaporizers market growth.
Technavios analysts forecast the global anesthesia vaporizers market to grow at a CAGR of 6.36% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global anesthesia vaporizers market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of various anesthesia vaporizers, which are used during the pre-surgical care that help the anesthetist to administer the anesthetic agent.
The market is divided into the following segments based on geography:
Technavio’s report, Global Anesthesia Vaporizers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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