Technavio Announces the Publication of its Research Report Global Anesthesia Breathing Circuits Market 2016-2020
Technavio recognizes the following companies as the key players in the report global anesthesia breathing circuits market: Ambu A/S, Becton, Dickinson Pty, GE Healthcare, Fisher & Paykel Healthcare, Smiths Medical, Teleflex Inc, Airways Corporation, Armstrong Medical, Bard Medical, Beijing Aeonmed, Dräger Medical, Ferno, Flexicare, Hangzhou Tappa Medical Technology, HERSILL, HEYER Medical, HUM, Intersurgical, Medplus, Ningbo Boya Medical Equipment, Oricare, Oscar Boscarol, Philips, Sainty International Group Jiangsu, Shenzhen Landwind Industry, Spacelabs Healthcare, SUMI, Vincent Medical, Weihai Strong Medical Sci-Tech, Westmed, and Wintersweet Medical
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Commenting on the report, an analyst from Technavios team said advances in technology is one the key trends. Advances in technology and innovations in the healthcare industry have resulted in the development of medical equipment that can be customized depending upon the requirements for specific conditions. These new technologies can assist surgeons in providing enhanced pain relief with minimal adverse effects. Ambus King Ped F2 and Flex2, the industrys first single-limb pediatric breathing circuit, developed specifically for children, is quite flexible. They can expand, compress and hold their shape. is Teleflexs LMA Fastrach is designed to provide relief during anticipated or unanticipated difficult airway situations. Such technological innovations enhance product confidence in the healthcare provider and the person receiving the treatment, encouraging product purchases.
According to the report, growing volume of surgeries is one of the drivers promoting growth. Medical facilities perform several surgeries in the areas of orthopedics, trauma, ophthalmology, cardiovascular, respiratory, oncology, neurology, endoscopy, laparoscopy and cosmetics. These surgeries treat cardiovascular diseases, gastrointestinal diseases, urological disorders, spinal abnormalities, brain tumors, and orthopedic deformities. Medical facilities perform most of these surgeries as minimally invasive procedures in an outpatient setting, as it costs 37% less when compared to an inpatient setting.
Further, the report states that growing demand for minimally invasive surgical procedures is one of the challenges that the market is facing. The growing popularity of minimally invasive surgical procedures, which require regional and local anesthesia, is leading to a deflation in the demand for general anesthesia in North American countries like the US and Western European countries like UK, France, and Germany. The customer base in this market is opting for lower-cost products and surgical procedures, in effect phasing out the more expensive open surgical procedures where general anesthesia is required. Some of the categories that require minimally invasive surgeries include womens health, breast care, general surgery, and bariatric.
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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Anesthesia is a way to control pain during surgery or other painful procedures like getting stitches using anesthetics. It can help maintain control over breathing, blood pressure, blood flow, and heart rate of the individual undergoing the procedure. This is because anesthesia can help an individual to relax by blocking pain and make them unconscious during surgery. Anesthetics are administered to individuals through an injection or through inhaled gases or vapors.
Technavios analysts forecast the global anesthesia breathing circuits market to grow at a CAGR of 2.36% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global anesthesia breathing circuits market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of breathing circuits to key end-users such as hospitals, ambulatory surgical centers and clinics.
The market is divided into the following segments based on geography:
Technavio’s report, Global Anesthesia Breathing Circuits 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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