Technavio market research analysts foresee positive growth for many segments of the orthopedics and medical devices industry in the next five years. In their recent findings, Technavio talks about three booming markets under the orthopedics and medical devices industry that are anticipated to generate considerable revenues and grow at a consistent rate during the forecast period.
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Global Anesthesia Drugs Market 2017-2021
The increasing volume of ambulatory surgical procedures will drive the growth of the global anesthesia drugs market during the forecast period. The anesthesia drugs market is expected to benefit from the growing incidence of surgical procedures, and chronic diseases such as cardiovascular, respiratory, and neurology. The medical care systems in various countries prefer intravenous anesthesia, which has better safety profile than inhalational anesthetics to increase patient safety and offer better delivery methods. The increasing surgical procedures conducted in outpatient settings in ambulatory surgical centers will propel the growth of the market. The market will also witness a trend towards the development of anesthetics for a new route of administration (ROAs) such as topical and oral, due to the growing need to improve patient compliance. Request a sample report.
Global Anesthesia Gas Monitoring Devices Market 2016-2020
The acquisitions of hospitals for providing better pre-surgical care is one of the primary drivers of the global anesthesia gas monitoring devices market. The mergers and acquisitions of various hospitals will help in the development of the surgical care market, thus, impacting the growth of the anesthesia gas monitoring devices market indirectly. The large hospitals acquire smaller hospital to help train the healthcare staff, including the physicians and nurses that will enable them to provide superior healthcare services to all their patients. These training also helps to enhance their skills and ensure a positive outcome in surgical care management and its services. This improvement will lead the market to grow at a CAGR of more than 11% by 2020.
The product segmentation of the market includes stand-alone anesthesia gas monitoring devices and integrated anesthesia gas monitoring devices. The integrated anesthesia gas monitoring devices segment dominated the market by accounting for close to 89% of the total market share in 2015. The development of modern integrated anesthesia devices with gas delivery systems, combined with electronic flow meters, vaporizers, and ventilators will result in the growth of this market segment. Request a sample report.
Global Anesthesia Breathing Circuits Market 2016-2020
The global anesthesia breathing circuits market will generate revenues of around USD 121 million in 2015 and will exceed USD 135 million by 2020. The growing focus towards the adoption of latex free and anti-microbial breathing circuits will help in the development of the market during the forecast period. These latex-free products do not contain polyvinyl chloride (PVC) and are biocompatible, which minimizes the risk of allergic reactions and improves surgical care. Flexicare, a key vendor in the market, provides Argentic systems, a range of anti-microbial systems to prevent microbial contamination within the clinical setting and reduce the risk of hospital-acquired infections (HAI).
Technavio’s market analysts segmented the market by geography, and that includes the Americas, APAC, and EMEA. In 2015, the Americas were the largest region in the market occupying more than 49% of the total market share. The new guidelines from the American Association of Nurse Anesthetists (AANA) and Certified Registered Nurse Anesthetists (CRNA) resulted in the development of user-friendly tools and cost-effective tools in the American market. Request a sample report.
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