This market research report presents a comprehensive analysis of the global anesthesia delivery systems by component type (anesthesia machines and breathing circuits) and by geography (Americas, APAC, and EMEA). Leading vendors in the market are Drägerwerk, GE Healthcare, Maquet, Mindray Medical International, and Penlon.
Technavio’s market research analysts estimate the global anesthesia delivery systems market to grow at a CAGR of more than 6% between 2016 and 2020. Rise in the number of surgeries across various therapeutics including oncology, cardiovascular, respiratory, orthopedics, and neurology, has boosted the sales of anesthesia delivery systems. Advanced anesthesia delivery systems enhance patient comfort during treatment, minimize complications associated with sedation, and improve medical care. The Americas is the leading revenue contributor in the anesthesia delivery market due to the growing awareness of technological advancements in the field of anesthesiology and an increasing number of surgical procedures in the region.
The new market research report from Technavio provides a breakdown and analysis of the anesthesia delivery segments by technology.
“The market is expected to witness the growing popularity of medical tourism in emerging countries over the next four years. Medical tourism is gaining popularity in many Asian countries, such as India, Singapore, South Korea, and Malaysia, East and Central European countries, and Mexico. These countries boast sufficient medical human resource, advanced hospital infrastructure, latest medical equipment, and low-cost treatment which has led to the proliferation of medical tourism. The growing demand for surgeries will result in an augmented demand for high-quality anesthesia delivery systems in the coming years,” says Barath Palada, Lead Analyst, Healthcare & Lifesciences, Technavio Research
The anesthesia machines segment leads the anesthesia delivery market and account for almost 92% of the market share in terms of revenue. This growth of this segment is driven by the introduction of anesthesia machines with special features like advanced ventilators, additional and new modes of ventilation, graphical screens, and electronic ventilators that are driven by software. Moreover, a large patient pool of chronic diseases in emerging countries will aid in this segment’s growth until the end of 2020.
The leading vendors in the global anesthesia delivery systems market include Drägerwerk, GE Healthcare, Maquet, Mindray Medical International, and Penlon. The market is quite competitive due to the presence of numerous global and regional providers. Global providers use advanced technologies and invest extensively in R&D to expand their product portfolio and decrease competition from new players. The vendors in this market use advanced technologies and invest extensively in R&D to expand their product portfolio and minimize competition from new players.
A more detailed analysis is available in the Technavio report, Global Anesthesia Delivery Systems Market 2016-2020.
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