Key vendors are designing and developing advanced anesthesia products to increase their sales
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 vaporizers market in their latest research report. This report also lists 6 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 of various anesthesia vaporizers, which are used during the pre-surgical care that helps the anesthetist to administer the anesthetic agent.
- Variable plenum bypass vaporizer: Variable plenum bypass vaporizers calibrate the agent gas concentration, which can be controlled by a single knob.
- Measured flow vaporizers: In this vaporizers, the gas saturated with an anesthetic agent is mixed with the anesthetic-free gas and flows through the vaporizing chamber, which is controlled by the flowmeters.
This Technavio report, under orthopedics and general medical devices vertical, is based on the synthesis, analysis, and interpretation of information about the global anesthesia vaporizers 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
The advances in technology and product upgrading is expected to increase the competition among sellers. There are large, medium, and small-sized companies present in this market. The players are competing on the basis of price, product differentiation, capital support for the product, and technology up gradation. The manufacturers are offering online and on-site servicing by a partnership with training clinics and governments to sustain the competition in the market. Hospitals and clinics, nursing care centers, community centers, physicians’ offices, and ASCs are the key end users of this market. The companies are attending medical expos/trade fairs and promoting their products through online advertisement to increase their consumer base.
“The companies are partnering with clinical institutes and governments agencies to help increase the number of trained anesthesiologists in the market. These training programs by the companies are designed to educate about anesthesia administration and use of advanced anesthesia vaporizers by healthcare personnel. Such initiatives by the manufacturers will enhance the quality of life of an individual and increase the sales of anesthesia vaporizers,” says Srinivas Sashidhar, a lead analyst at Technavio for research on orthopedics and general medical devices.
Top five vendors in the anesthesia vaporizers market space
Drägerwerk
The company develops of fully automated anesthesia vaporizers that are mainly distributed in the Germany and other European countries. It is also focusing on a global marketing strategy to increase their sales through wide distribution of its products in different geographic regions. Recently, the company launched a complete line of disposable and multi-vendor adaptable patient monitoring accessories and the company extended its partnership with ICU online network to offer clinical and educational support to the users of neonatal care equipment.
Key products: D-Vapor and Vapor 3000 anesthesia vaporizer and D-Vapor and Vapor 2000 anesthesia vaporizer.
GE Healthcare
It manufactures and markets diagnostic imaging systems, cardiac devices, and patient monitoring devices. It operates as a subsidiary of GE Electrical, a multinational conglomerate company. Its R&D division engages in launching new products from time to time and also focuses on improving the operational efficiency of existing products. In recent times, the company announced $25 million grant for the development of safe surgery and anesthesia worldwide.
Key products: Aladin2 cassettes (used in a vaporizer for electronic control), Tec 6 Plus vaporizer, and Tec 7 Vaporizer.
Penlon
It is a medical device company that manufactures and markets a wide range of anesthesia, intubation, oxygen therapy, and suction products and systems worldwide. It operates as a subsidiary of BPL Medical Technologies. Its manufacturing facilities are ISO 9001-2008 and ISO 13485:2012 certified and its products are US FDA and CSA approved. Recently, the company was acquired by BPL Medical Technologies and became a wholly owned subsidiary.
Key products: Sigma Delta anesthesia vaporizer and Prima 451 MRI anesthesia system.
Meditec International England
The company is in designing and development of anesthesia systems and vaporizers. The company has a strong presence in the UK. It provides services to the NHS, which led the company to sell its anesthesia vaporizers in hospitals in the UK. The company enters into an agreement with group purchasing organizations to establish its presence globally.
Key products: Pisces anesthesia vaporizer.
Spacelabs Healthcare
The company works with clinicians from various hospitals, which helps in product development. It is a wholly owned subsidiary of OSI System. The company is planning to participate in exhibitions and conferences, which helps to showcase its product offerings. In recent times, it attended The Annual HIMSS Conference and Exhibition in January 2016 in Las Vega, Nevada, US, to showcase its products.
Key products: BleaseDatum anesthesia vaporizers.
Other prominent vendors in this market include Beijing Siriusmed Medical Device, Beijing Vanbonmed, Beijing Yi Shiheng Electronic Technology, CM-CC, NorVap, and OES Medical.
A more detailed analysis is available in the Technavio report, Global Anesthesia Vaporizers Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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