Scope of the Study
Anesthesia is a medical treatment that causes a temporary loss of sensation in patients. Surgical procedures are usually performed by applying anesthesia to prevent pain. Anesthesia machines are used during surgical procedures to control pain, breathing, blood pressure, blood flow, and heart rate, and rhythm. A medical condition in patients induced by anesthesia results in loss of sensation or consciousness, including analgesia (relieving or preventing pain), paralysis (muscle relaxation), amnesia (loss of memory), or loss of consciousness. Disposable anesthesia items are portable and easy-to-use single-use devices that help prevent the risk of infection in patients. Disposable anesthetic items are primarily used in surgical procedures in a variety of settings including intensive care units, surgical centers, operating rooms, and pain clinics. Laryngoscopes, anesthetic masks, endotracheal tubes, and ventilators are some of the most commonly used anesthetic disposables. The unusually high demand for mechanical ventilators is leading to a significant shortage of these devices in countries affected by the Covid-19 outbreak. The unmet demand for mechanical ventilators is forcing biomedical engineers and scientists to design makeshift ventilators using ventilators such as PAP, manual ventilators, nebulizers, oxygen concentrators, and others. This has been a key factor in the growth of the anesthesia and ventilator market recently.
The market study is being classified by Type (LMAs, Breathing Circuits, ETTs, Resuscitators and Anesthesia Face Masks), by Application (Care Units, Surgical Centers, Operating Rooms and Pain Clinics) and major geographies with country level break-up.
Ambu (Denmark), Intersurgical (United Kingdom), Medline Industries (United States), Smiths Medical, Inc. (United States), Teleflex (United States), GE Healthcare (United States), Westmed Inc. (United States), Becton, Dickinson, and Company (United States), GPC Medical (India), Vyaire Medical, Inc. (United States) and Sharn Anesthesia (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Anesthesia Disposables market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Anesthesia Disposables market by Type, Application and Region.
On the basis of geography, the market of Anesthesia Disposables has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Increase in Chronic Diseases
- Increase the Usage of Anesthesia
- The Rise in Geriatric Population
- Rise In Cardiac Surgeries, Orthopedic Disorders, Gastrointestinal Diseases, and Neurological Diseases
- The Rising Awareness and Educated Patients about Anesthesia
- The Increment in Number of Surgeries Performed Across the World
- An Increase in Baby Boomer Population Vulnerable To a Wide Range of Respiratory Disorders
- Stringent Government Regulation on Drugs
- Technological Advancement in Anesthesia and Respiratory Devices
- Rising Healthcare Expenditure
- A Rise in Various Clinicians and Anesthesiologists to Deliver Customized Services to End-Users
- Affordable By Big and Established Medical Organizations
Market Leaders and their expansionary development strategies
In July 2020, Medtronic, a US-based company, acquired Medicrea. The company has announced its approval of the merger of all of its outstanding Medicrea shares. The friendly, voluntary cash offer is offered at a price of € 7.00 per Medicrea share (the "Takeover Offer"). This acquisition would strengthen Medtronic's position as a global innovator in enabling technologies and solutions for spinal surgery.
Key Target AudienceProviders of Anesthesia Disposables, End-Users, Potential Investors, Market Research Firms and Others
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