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Date Submitted: 09/16/2016 04:02 AM
Global Anesthesia And Respiratory Devices Market To Reach Worth USD 29.9 Bn By 2022: Innovation And Product Development To Drive The Market
According to the latest report published by Credence Research, Inc. “Anesthesia and Respiratory Devices Market – (Device Type – Anesthesia Devices: Anesthesia Machines, Anesthesia Monitors, Anesthesia Vaporizers, Analgesic Machines, Anesthetic Masks, Anesthetic Accessories; Respiratory Devices: Humidifiers, Resuscitators, Breathing Circuits, CPAP Devices, CPAP Masks, Oxygen Concentrators, Nebulizers, Ventilators, Inhalers, Tracheostomy Tubes, Oxygen Cannules, Capnographs, and Spirometers): Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the market was valued at USD 16.26 Bn in 2015, and is expected to reach USD 29.9 Bn by 2022, expanding at a CAGR of 9.1% from 2016 to 2022.
Browse the full report Anesthesia and Respiratory Devices Market: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/anesthesia-and-respiratory-devices-market
Market Insights
The anesthesia machines are commonly used in all types of surgeries as is designed to provide an accurate and continuous supply of medical gases mixed with anesthetic vapors, which is delivered to the patient at a safe pressure and flow. Respiratory devices help in removal of mucus from the respiratory airways and thereby improve pulmonary function. North America held the largest regional market, accounting for the market share of over 33% in 2015, and is anticipated to dominate the global anesthesia and respiratory devices market during the forecast period of 2016 to 2022.
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Rising number of patient population suffering from respiratory diseases and COPD in the region, continuous research and development, and availability of efficient reimbursement policies for respiratory and anesthesia devices would drive...