Anesthesia & Respiratory Devices Market Size, Share & Trends Analysis Report By Product (Anesthesia Devices, Respiratory Devices), By Region, And Segment Forecasts, 2019 - 2026

Published: Apr, 2019 | Pages: 125 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global anesthesia and respiratory devices market size is expected to reach USD 49.4 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.6% over the forecast period. Increasing prevalence of respiratory diseases, patient preferences for reduced hospital stay, and supportive government funding are among the key driving factors.

Shifting preference of patients towards reduced hospital stay is anticipated to increase the adoption of anesthesia and breathing instruments, thereby, driving the market. As per the American Hospital Association, approximately 20% of Medicare beneficiaries, when discharged from hospital return within 30 days. Identifying and reducing avoidable readmissions is expected to improve healthcare safety and reduce spending. Hence, policymakers are striving to reduce hospital stays of patients. The Patient Protection and Affordable Act, Congress initiated the Hospital Readmission Reduction Program (HRRP) under which Medicare is allowed to penalize hospitals for higher rates of readmissions since 2013. Due to the implementation of this act, many physicians and patients opt for anesthesia and breathing devices, such as ambulatory infusion pumps and home respiratory monitors.

Furthermore, aging is considered one of the greatest risk factors for the development of sleep apnea disorders and is therefore, expected to be a high-impact rendering driver for this market.

Key players are also taking initiatives to develop advanced instruments with an aim to bring improvement in the treatment. For instance, in April 2018, B. Braun Medical Inc. announced to introduce Clorotekal, which is a U.S. Food and Drug Administration (FDA) approved anesthetics for spinal anesthesia. Such initiatives are anticipated to propel growth of the anesthesia and respiratory devices market in the forthcoming years.

Further key findings from the study suggest:

• On the basis of product, respiratory devices is estimated to expand at the highest CAGR in terms of revenue over the forecast period owing to rising prevalence of cystic fibriosis, asthma, and tuberculosis. Positive airway pressure devices led the segment owing to increasing incidence of Obstructive Sleep Apnea (OSA)

• Asia Pacific is expected to witness the fastest growth over the forecast period owing to increasing healthcare expenditure and awareness among patients

• Few key players operating in the anesthesia and respiratory devices market are AirSep Corporation; B. Braun Medical Inc.; BD; Medtronic; Drager; GE Healthcare; Philips Healthcare; ResMed; and Smiths Medical.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Information Procurement
1.2.1. Purchased database
1.2.2. GVR's internal database
1.2.3. Secondary sources & third party perspectives
1.2.4. Primary research
1.3. Information Analysis
1.3.1. Data analysis models
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Anesthesia and Respiratory Devices Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Product Pipeline Analysis, by Stage
3.4. User Perspective Analysis
3.4.1. Consumer behavior analysis
3.4.2. Market influencer analysis
3.5. List of Key End-users, by Region/by Country/by Product
3.6. Regulatory Framework
3.6.1. Reimbursement framework
3.6.2. Standards & compliances
3.7. Market Dynamics
3.7.1. Market driver analysis
3.7.1.1. Shifting patient preference towards reduced hospital stay
3.7.1.2. Supportive government funding in emerging markets
3.7.1.3. Increasing global geriatric population base
3.7.1.4. Technological advancements
3.7.2. Market restraint analysis
3.7.2.1. Lack of patient compliance
3.7.2.2. Economic impact of respiratory disorders
3.7.3. Industry challenges
3.7.3.1.Harmful effects of the respiratory devices on neonates
3.8. Anesthesia and respiratory devices: Market Analysis Tools
3.8.1. Industry analysis - Porter's
3.8.1.1. Supplier power: (Moderate): Presence of various major raw material suppliers
3.8.1.2. Buyer power: (Moderate): Existence of insurance agencies focusing on cost reduction is expected to result in the consolidation
3.8.1.3. Substitution threat: (Moderate): Introduction of technological advanced products
3.8.1.4. Threat from new entrant: (Moderate): Complying with various regualtory bodies
3.8.1.5. Competitive rivalry: (High): Dominated by few major players
3.8.2. PESTEL analysis
3.8.2.1 .Political Landscape
3.8.2.2. Environmental Landscape
3.8.2.3. Social Landscape
3.8.2.4. Technology Landscape
3.8.2.5. Legal Landscape
3.8.3. Major deals & strategic alliances analysis
3.8.3.1. Joint ventures
3.8.3.2. Mergers & acquisitions
3.8.3.3. Licensing & partnership
3.8.3.4. Technology collaborations
3.8.3.5. Strategic divestments
3.8.4. Market entry strategies

Chapter 4. Anesthesia and respiratory devices Market: Segment Analysis, By Product, 2015 - 2026 (USD Million)
4.1. Definitions & Scope
4.2. Product Market Share Analysis, 2018 & 2026
4.3. Segment Dashboard
4.4. Global Anesthesia and respiratory devices Market, by Product, 2015 to 2026
4.5. Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following
4.5.1. Anesthesia devices
4.5.1.1. Anesthesia machines
4.5.1.1.1. Anesthesia workstation
4.5.1.1.2. Anesthesia delivery machines
4.5.1.1.2.1. Portable
4.5.1.1.2.2. Standalone
4.5.1.1.3. Anesthesia ventilators
4.5.1.1.4. Anesthesia monitors
4.5.1.2. Anesthesia disposables
4.5.1.2.1. Anesthesia masks
4.5.1.2.2. Anesthesia accessories
4.5.2. Respiratory devices
4.5.2.1. Respiratory equipment
4.5.2.1.1. Humidifiers
4.5.2.1.1.1. Heat humidifiers
4.5.2.1.1.2. Heated wire breathing circuits
4.5.2.1.1.3. Heat exchangers
4.5.2.1.1.4. Pass over humidifiers
4.5.2.1.2. Nebulizers
4.5.2.1.2.1. Pneumatic nebulizers
4.5.2.1.2.2. Mesh nebulizers
4.5.2.1.2.3. Ultrasonic nebulizers
4.5.2.1.3. Oxygen concentrator
4.5.2.1.3.1. Fixed oxygen concentrators
4.5.2.1.3.2. Portable oxygen concentrators
4.5.2.1.4. Positive airway pressure devices
4.5.2.1.4.1. Bi-level positive airway pressure devices
4.5.2.1.4.2. Continuous positive airway pressure devices
4.5.2.1.5. Reusable resucitators
4.5.2.1.6. Ventilators
4.5.2.1.6.1. Adult ventilators
4.5.2.1.6.2. Neonatal ventilators
4.5.2.1.7. Respiratory inhalers
4.5.2.1.7.1. Dry powdered inhaler
4.5.2.1.7.2. Metered dose inhaler
4.5.2.2. Respiratory disposables
4.5.2.2.1. Disposable oxygen masks
4.5.2.2.2. Resuscitators
4.5.2.2.3. Tracheostomy Tubes
4.5.2.2.4. Oxygen Cannula
4.5.2.3. Respiratory measurement devices
4.5.2.3.1. Pulse oximetry systems
4.5.2.3.2. Capnographs
4.5.2.3.3. Spirometers
4.5.2.3.4. Peak flowmeters

Chapter 5. Anesthesia and Respiratory Devices Market: Regional Market Analysis, By Region, 2015 - 2026 (USD Million)
5.1. Definitions & Scope
5.2. Regional Market Share Analysis, 2018 & 2026
5.3. Regional Market Dashboard
5.4. Regional Market Snapshot (Market Size, CAGR, Top Verticals, Key Players, Top Trends)
5.5. Regional Market Share and Leading Players, 2018
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Latin America
5.5.5. Middle East & Africa
5.6. SWOT Analysis, by Factor (Political & Legal, Economic And Technological)
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America
5.6.5. Middle East & Africa
5.7. Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2025:
5.8. North America
5.8.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
5.8.2. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.8.3. U.S.
5.8.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.8.4. Canada
5.8.4.1.Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.9. Europe
5.9.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
5.9.2. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.9.3. Germany
5.9.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.9.4. U.K.
5.9.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.9.5. Italy
5.9.5.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.9.6. France
5.9.6.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.9.7. Spain
5.9.7.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.10. Asia Pacific
5.10.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
5.10.2. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.10.3. India
5.10.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.10.4. China
5.10.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.10.5. Japan
5.10.5.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.10.6. Australia
5.10.6.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.10.7. South Korea
5.10.7.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.11. Latin America
5.11.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
5.11.2. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.11.3. Brazil
5.11.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.11.4. Mexico
5.11.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.11.5. Argentina
5.11.5.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.11.6. Colombia
5.11.6.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.12. Middle East and Africa
5.12.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
5.12.2. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.12.3. South Africa
5.12.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.12.4. Saudi Arabia
5.12.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
5.12.5. UAE
5.12.5.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)

Chapter 6. Anesthesia and Respiratory Devices Market - Competitive Analysis
6.1. Recent Developments & Impact Analysis, by Key Market Participants
6.2. Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
6.3. Vendor Landscape
6.3.1. List of key distributors and channel partners
6.3.2. Key customers
6.3.3. Key company market share analysis, 2018
6.4. Public Companies
6.4.1. Company market position analysis (Revenue, geographic presence, product portfolio, key serviceable industries, key alliances)
6.4.2. Company market share/ranking, by region
6.4.3. Competitive dashboard analysis
6.4.3.1. Market differentiators
6.4.3.2. Synergy analysis: Major deals & strategic alliances
6.5. Private Companies
6.5.1. List of key emerging companies/technology disruptors/innovators
6.5.2. Funding outlook (Optional)
6.5.3. Regional network map
6.5.4. Company market position analysis (geographic presence, product portfolio, key alliance, industry experience)
6.6. Supplier Ranking
6.7. Key Companies Profiled
6.7.1. GE Healthcare
6.7.1.1. Company overview
6.7.1.2. Financial performance
6.7.1.3. Product benchmarking
6.7.1.4. Strategic initiatives
6.7.2. Medtronic Plc
6.7.2.1. Company overview
6.7.2.2. Financial performance
6.7.2.3. Product benchmarking
6.7.2.4. Strategic initiatives
6.7.3. Teleflex Incorporated
6.7.3.1. Company overview
6.7.3.2. Financial performance
6.7.3.3. Product benchmarking
6.7.3.4. Strategic initiatives
6.7.4. Philips Healthcare
6.7.4.1. Company overview
6.7.4.2. Financial performance
6.7.4.3. Product benchmarking
6.7.4.4. Strategic initiatives
6.7.5. Drägerwerk AG & Co. KGaA
6.7.5.1. Company overview
6.7.5.2. Financial performance
6.7.5.3. Product benchmarking
6.7.5.4. Strategic initiatives
6.7.6. Getinge AB
6.7.6.1. Company overview
6.7.6.2. Financial performance
6.7.6.3. Product benchmarking
6.7.6.4. Strategic initiatives
6.7.7. Smiths Group Plc
6.7.7.1. Company overview
6.7.7.2. Financial performance
6.7.7.3. Product benchmarking
6.7.7.4. Strategic initiatives
6.7.8. Fisher & Paykel Healthcare Limited
6.7.8.1. Company overview
6.7.8.2. Financial performance
6.7.8.3. Product benchmarking
6.7.8.4. Strategic initiatives
6.7.9. Masimo Corporation
6.7.9.1. Company overview
6.7.9.2. Financial performance
6.7.9.3. Product benchmarking
6.7.9.4. Strategic initiatives
6.7.10. B. Braun Melsungen AG
6.7.10.1. Company overview
6.7.10.2. Financial performance
6.7.10.3. Product benchmarking
6.7.10.4. Strategic initiatives
6.7.11. ResMed
6.7.11.1. Company overview
6.7.11.2. Financial performance
6.7.11.3. Product benchmarking
6.7.11.4. Strategic initiatives
6.7.12. Charts Industries
6.7.12.1. Company overview
6.7.12.2. Financial performance
6.7.12.3. Product benchmarking
6.7.12.4. Strategic initiatives

List of Tables

TABLE 1 Global anesthesia and respiratory devices market, by region, 2015 - 2026 (USD Million)
TABLE 2 Global anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 3 North America anesthesia and respiratory devices market, by region, 2015 - 2026 (USD Million)
TABLE 4 North America anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 5 U.S. anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 6 Canada anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 7 Europe anesthesia and respiratory devices market, by region, 2015 - 2026 (USD Million)
TABLE 8 Europe anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 9 U.K. anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 10 Germany anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 11 Italy anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 12 France anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 13 Spain anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 14 Asia Pacific anesthesia and respiratory devices market, by region, 2015 - 2026 (USD Million)
TABLE 15 Asia Pacific anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 16 India anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 17 China anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 18 Japan anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 19 Australia anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 20 South Korea anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 21 Latin America anesthesia and respiratory devices market, by region, 2015 - 2026 (USD Million)
TABLE 22 Latin America anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 23 Brazil anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 24 Mexico anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 25 Argentina anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 26 Colombia anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 27 Middle East & Africa anesthesia and respiratory devices market, by region, 2015 - 2026 (USD Million)
TABLE 28 Middle East & Africa anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 29 South Africa anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 30 Saudi Arabia anesthesia and respiratory devices market, by product, 2015 - 2026 (USD Million)
TABLE 31 UAE anesthesia and respiratory devices Market, by product, 2015 - 2026 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modelling for market share assessment
FIG. 7 Market formulation & validation
FIG. 8 Anesthesia and respiratory devices market segmentation
FIG. 9 Market driver relevance analysis (Current & future impact)
FIG. 10 Milk bank data
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 SWOT analysis, by factor (political & legal, economic and technological)
FIG. 14 Porter's five forces analysis
FIG. 15 Ansoff matrix analysis
FIG. 16 Heat map analysis
FIG. 17 Market penetration vs growth prospect mapping
FIG. 18 Market share of key market players- Anesthesia and respiratory devices market
FIG. 19 Strategy mapping
FIG. 20 Anesthesia and respiratory devices market product outlook: Key takeaways
FIG. 21 Anesthesia and respiratory devices market: Product movement analysis
FIG. 22 Anesthesia devices market, 2015 - 2026 (USD Million)
FIG. 23 Anesthesia delivery machines market, 2015 - 2026 (USD Million)
FIG. 24 Anesthesia monitors market, 2015 - 2026 (USD Million)
FIG. 25 Anesthesia ventilators market, 2015 - 2026 (USD Million)
FIG. 26 Anesthesia workstations market, 2015 - 2026 (USD Million)
FIG. 27 Anesthesia disposables market, 2015 - 2026 (USD Million)
FIG. 28 Anesthesia disposables masks market, 2015 - 2026 (USD Million)
FIG. 29 Anesthesia disposable accessories market, 2015 - 2026 (USD Million)
FIG. 30 Respiratory devices market, 2015 - 2026 (USD Million)
FIG. 31 Positive airway pressure market, 2015 - 2026 (USD Million)
FIG. 32 Ventilators market, 2015 - 2026 (USD Million)
FIG. 33 Nebulizers market, 2015 - 2026 (USD Million)
FIG. 34 Humidifiers market, 2015 - 2026 (USD Million)
FIG. 35 Respiratory inhalers market, 2015 - 2026 (USD Million)
FIG. 36 Oxygen concentrators masks market, 2015 - 2026 (USD Million)
FIG. 37 Reusable resuscitators market, 2015 - 2026 (USD Million)
FIG. 38 Respiratory disposables market, 2015 - 2026 (USD Million)
FIG. 39 Resuscitators market, 2015 - 2026 (USD Million)
FIG. 40 Tracheostomy Tubes (TT) market, 2015 - 2026 (USD Million)
FIG. 41 Disposable oxygen mask market, 2015 - 2026 (USD Million)
FIG. 42 Pulse oximeters market, 2015 - 2026 (USD Million)
FIG. 43 Capnographs market, 2015 - 2026 (USD Million)
FIG. 44 Spirometers market, 2015 - 2026 (USD Million)
FIG. 45 Peak flow meters market, 2015 - 2026 (USD Million)
FIG. 46 Regional market place: Key takeaways
FIG. 47 Regional outlook, 2018 & 2026
FIG. 48 North America anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 49 U.S. anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 50 Canada anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 51 Europe anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 52 U.K. anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 53 Germany anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 54 France anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 55 Italy anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 56 Spain anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 57 Asia Pacific anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 58 Japan anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 59 China (Mainland) anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 60 India anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 61 Australia anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 62 South Korea anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 63 Latin America anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 64 Brazil anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 65 Mexico anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 66 Argentina anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 67 Colombia anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 68 MEA anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 69 South Africa anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 70 UAE anesthesia and respiratory devices market, 2015 - 2026 (USD Million)
FIG. 71 Strategy framework
FIG. 72 Market participant categorization