Market Analysis: Global Anesthesia Delivery Systems Market
Global Anesthesia delivery systems market is set to witness a substantial CAGR of 6.43% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to increasing demand for anesthesia in surgical procedures.
Global Anesthesia Delivery Systems Market By Type (General Anesthesia, Local Anesthesia), Product (Anesthesia Devices, Respiratory Devices, Anesthesia Disposables & Accessories, Anesthesia Information Management Systems (AIMS), Application (Cardiology, Neurology, Dental, Ophthalmology, Urology, Orthopedics, Others), End User (Hospitals, Ambiguity centers, Specially clinics/ Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Research Methodology: Global Anesthesia Delivery Systems Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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Competitive Analysis:
Global anesthesia delivery systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of anesthesia delivery systems market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in global anesthesia delivery systems market are Baxter, B. Braun Melsungen AG, Medtronic, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Mindray DS USA, Inc., Smiths Medical, Teleflex Incorporated, Smiths Group plc, Masimo, ResMed, Chart Industries, Getinge AB, Penlon, HEYER Medical AG, Löwenstein Medical GmbH & Co. KG., Beijing Siriusmed Medical Device Co., AEONMED, Oricare, Inc. among others.
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Market Definition: Global Anesthesia Delivery Systems Market
Anaesthesia delivery systems are used for anaesthesia delivery and the system is also used to monitor anaesthesia level in patient body during procedures. The anesthesia delivery system consists of three major components, namely compressed gas supply, anesthetic machine, and breathing circuit. An anesthesia delivery system is designed to deliver a gaseous anesthetic agent during surgeries. The gaseous anesthetic agent is mixture of oxygen alone or oxygen with nitrous oxide. Increasing number of surgeries around the world is one of major factor contributing growth in the global anaesthesia delivery systems market.
Market Drivers
·       Increasing number of surgical procedures is expected to drive the growth of the market
·       Increasing prevalence of chronic respiratory diseases is expected to enhance growth of the market
·       Increasing technological advancement is another factor driving this market growth
·       Favorable reimbursement scenario in developed regions will also boost the market growth
Market Restraints
·       Complications of anesthesia delivery systems are expected to restrain the market growth in the forecast period
·       Lack of trained anesthesiologists in developing nations is expected to hinder the market growth
·       Anesthesia delivery systems require high maintenance which is expected to restrict the market growth
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Key Developments in the Market:
·       In September 2019, Koninklijke Philips N.V. and B. Braun Melsungen AG has launched Onvision needle tip tracking real-time ultrasound guidance device for regional anesthesia. The major focus of this launch to improve point-of-care medical solution to fulfill current and future needs in regional anesthesia as regional anesthesia is a rapidly growing as a substitute for general anesthesia to improve results and efficiency
·       In July 2019, Drägerwerk AG & Co. KGaA has received $10 million contract from The U.S. Defense Dept. for anesthesia recording and monitoring device sustainment services and $60 million contract for subsystems, patient monitoring systems, accessories, consumables and training. The contract will help to increase Drager’s credibility as it is one of most valuable contracts
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