Portable Sleep Apnea Diagnostic Devices at Home In The Global Anesthesia And Respiratory Devices Market


Posted January 8, 2019 by srikanthgtbrc

The anesthesia and respiratory devices market size is expected to reach nearly $22 billion in 2021 at a compound annual growth rate (CAGR) of more than 3% during the forecast period

 
The Business Research Company’s anesthesia and respiratory devices global market opportunities and strategies to 2022, covers the year-on-year growth of the global anesthesia and respiratory devices market historic and forecast growth. It also includes chapters on the anesthesia and respiratory devices market trends, geographical analysis, and competitive landscape.



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The global anesthesia and respiratory devices market is forecast to grow at a CAGR (compound annual growth rate) of around 3 % to 2022.



Anesthesia And Respiratory Devices Market Trends

The global anesthesia and respiratory devices market is segmented into respiratory devices and anesthesia devices. The respiratory devices segment accounts for a major share in the market due to its wide usage in healthcare institutions, home healthcare and ambulances. Rising incidence of obstructive sleep apnea, chronic obstructive pulmonary diseases among aging population are the driving factors in the global anesthesia and respiratory devices market. Rising healthcare expenditure, medical tourism, and emerging economies provide growth opportunities these devices in the market.

Sleep apnea patients are giving increasing preference to home care treatment due to its cost effectiveness and convenience. This is one of the trends in the anesthesia and respiratory devices market. Earlier sleep apnea diagnosis was a tedious process of overnight monitoring in laboratories, its diagnosis in laboratories and hospitals was inconvenient and expensive.

The global anesthesia and respiratory devices market is primarily driven by changing climatic conditions, increasing geriatric population and continued use of tobacco.



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The global anesthesia and respiratory devices market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With rising prevalence of respiratory diseases, increasing number of surgical procedures, and rising healthcare expenditure, the global anesthesia and respiratory devices market is expected to increase in potential and scope. TBRC’s report also covers the anesthesia and respiratory devices drivers and restraints in the market.

The global anesthesia and respiratory devices market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global anesthesia and respiratory devices market report are Medtronic Plc, Philips Healthcare, Draegerwerk AG, Masimo and Teleflex Inc..



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Categories Business , Industry , Marketing
Tags anesthesia and respiratory devices , global anesthesia and respiratory devices
Last Updated January 8, 2019