Anesthesia Disposables: A Global Strategic Business Report
San Jose, California (PRWEB) November 08, 2011
Follow us on LinkedIn - Global general anesthesia disposables market is highly mature, with low single-digit growth forecast through 2017. The increasing number of surgical procedures and rising concerns over cross contamination and infection control are expected to drive market growth. Although the number of general surgical procedures is on rise, growing popularity of minimally invasive technologies that require regional and local anesthesia is likely to hamper growth in the anesthesia disposables market. In recent years, general anesthesia procedures as a percentage of total surgical procedures continue to decline, due to the growing adoption of minimally invasive technologies across the world. The effect is sluggish growth for anesthesia disposables market. Minimally invasive procedures generally require regional or local anesthesia, which involve lower cost and do not necessitate the use of disposables such as breathing circuits, masks, and endotracheal tubes. Besides this, shrinking volume of elective surgical procedures and reduced capital spending are expected to impact growth.
As stated by the new market research report on Anesthesia Disposables, the US continues to remain the single largest regional market. The introduction of new technologies such as level of consciousness monitoring, laryngeal mask airways, and anesthesia information systems offers huge opportunities for market growth. Despite facing certain challenges, long-term growth in the market would be driven by investments in technology. Growth in the western world, particularly the US and Europe where there are increasing concerns about rising healthcare costs, is expected to be negligible. Asia-Pacific represents the fastest growing regional market displaying a CAGR of about 2.3% over the analysis period.
Anesthesia devices market in BRIC economies is projected to register considerable growth stimulated by reforms in healthcare and increased expenditure on healthcare by respective governments. High budgetary allocations by Chinese government for the improvement of healthcare facilities such as clinics, care units and hospitals in China are expected to boost anesthesia devices market. Furthermore, Russian government’s plans to improve healthcare facilities in the country are expected to boost the market for anesthesia devices. In addition, provision of user-friendly and cost effective devices is expected to improve the market for anesthesia devices.
Anesthesia Breathing Circuits market continues to be the largest segment in the global anesthesia disposables market. Anesthesia Gas Masks is the fastest growing category with a CAGR of 2.3% over the analysis period. On the other hand, the market for disposable endotracheal tubes market is expected to contract over the next several years, owing to the increasing preference for Laryngeal Mask Airways (LMA), which provides several advantages over endotracheal tubes.
Major players in the marketplace include King Systems Corporation, LMA International N.V., Medline Industries Inc., Nellcor, Smiths Medical Inc., Teleflex Medical, and Vital Signs Inc.
The research report titled “Anesthesia Disposables: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (US$ Million) for Anesthesia Breathing Circuits, Endotracheal Tubes, and Anesthesia Gas Masks across geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, and Rest of Europe), Asia Pacific, Middle East, and Latin America.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Anesthesia_Disposables_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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