Vendors to use anesthesia breathing circuits in new applications such as military and emergency medicine
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global anesthesia breathing circuits market in their latest research report. This report also lists several other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales the sales of breathing circuits to key end-users such as hospitals, ambulatory surgical centers and clinics.
This Technavio report, under orthopedics and general medical devices vertical, is based on the synthesis, analysis, and interpretation of information about the global anesthesia breathing circuits market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
Marked by the presence of several large (tier 1), medium (tier 2), and small sized (tier 3) companies, this market appears to be highly fragmented. There is an increasing focus among vendors in introducing advanced anesthesia breathing systems to expand their market share. For instance, major vendors such as Drager and Teleflex have developed and launched latex-free and anti-microbial products, which in turn, has helped them expand their customer base. Also, vendors such as Fisher and Paykel have developed non-invasive breathing circuits, which will help in improving adoption rates due to fewer complications associated with these devices. Such technological advancements and the introduction of new products in the market, will certainly increase the level of competition among vendors.
“Vendors are coming up various technologies to develop advanced anesthesia breathing circuits with improved designs that help minimize associated complications during treatment. For instance, Fisher & Paykel Healthcare introduced non-invasive anesthesia breathing circuits such as single limb CPAP circuit with a PEEP valve with little resistance to flow, and Evaqua breathing circuit. The technology involves the unidirectional flow of oxygen through the nasal or oral area for inhalation and at the same time application of negative pressure on the port in the lower portion of the breathing circuits for exhalation,” says Barath Palada, a lead analyst at Technavio for research on orthopedics and general medical devices.
Top five vendors in the anesthesia breathing circuits market space
Ambu A/S
Ambu designs and manufactures a wide range of medical equipment and solutions and offers its products to various hospitals, biotechnology companies, R&D laboratories, and universities. It operates its business through anesthesia, patient monitoring and diagnostics, and emergency care. The company offers products such as resuscitators, disposable face masks, disposable laryngeal mask, and disposable breathing circuits. It has manufacturing facilities located across China, Malaysia, and the US. The company is expanding its product portfolio and its geographical reach and has announced the launch of adult breathing circuits, third-generation breathing circuits with enhanced functionality.
Some key products: King F2 single-limb breathing circuits, Dual-limb adult breathing circuits, King Ped F2 & King Flex2 pediatric anesthesia breathing circuits, etc.
BD
BD manufactures and sells a wide range of medical supplies, laboratory equipment, and diagnostic products to life science researchers, healthcare institutions, clinical laboratories, pharmaceutical companies, and the general public. It is extending its reach in the anesthesia breathing circuits market through strategic acquisitions and partnerships and product innovations. It is focusing towards new growth opportunities for CareFusion products in the emerging markets worldwide.
Key product: Limb-O single-limb breathing circuit
GE Healthcare
GE Healthcare is a medical device company that manufactures and promotes patient monitoring, diagnostic imaging systems, cardiac devices, and healthcare IT solutions. It also offers transformational medical technologies and services. GE Healthcare focuses on the anesthesia breathing circuits market through extensive attention on multiple distribution channels and acquisition of product line expansion. The company sales grew by around 8% in developing countries, including China, India, and Brazil in 2015.
Key products: Limb-O anesthesia breathing circuit, Pediatric circuits including 2 limb kits, 2 limb, ADU kits, and T-Piece, neonatal patient circuit
Fisher & Paykel
The company designs, manufactures, distributes, and promotes healthcare devices such as neonatal care, respiratory care, and operating rooms. It primarily focuses on global marketing through the wide distribution of its products across various geographical regions. For instance, it aims towards overseas market development for its respiratory care products, especially in nations like Japan. Fisher & Paykel is paying attention towards streamlining its productivity and establish efficient infrastructure to increase its operational efficiency.
Key products: Evaqua breathing circuits, Optiflow Junior breathing circuit, and RT-series high-performance breathing circuits
Smiths Medical
Smiths Medical provides medical devices, consumables, and equipment for emergency, hospital, home, and specialist environments. Its products are primarily used in surgery, critical and intensive care, in post-operative care during recovery, and in a home therapy. The company is a subsidiary of the Smiths Group, UK. It has an extensive global sales network with operations across 30 countries. It has strong production, design, and distribution capabilities. The company’s R&D grew by 17% in FY2015, leading to massive product developments. Its sales also increased by around 8% in developing countries like China, India, and Brazil
Key products: PORTEX adult anesthesia breathing circuits, Portex single-limb anesthesia breathing circuits, and PORTEX pediatric anesthesia breathing circuits
Other prominent vendors in this market include Airways Corporation, Armstrong Medical, Bard Medical, Beijing Aeonmed, Dräger Medical, Ferno, Flexicare, Hangzhou Tappa Medical Technology, HERSILL, HEYER Medical, HUM, Intersurgical, Medplus, Ningbo Boya Medical Equipment, Oricare, Oscar Boscarol, Philips, Sainty International Group Jiangsu, Shenzhen Landwind Industry, Spacelabs Healthcare, SUMI, Vincent Medical, Weihai Strong Medical Sci-Tech, Westmed, and Wintersweet Medical.
A more detailed analysis is available in the Technavio report, Global Anesthesia Breathing Circuits Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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