Comprehensive Anesthesia And Respiratory Devices Market Analysis, By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Asia-Pacific held the largest anesthesia and respiratory devices market share in 2022.
The global anesthesia and respiratory devices market is expected to grow from $51.73 billion in 2022 to $57.75 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The market is expected to reach $86.16 billion in 2027 at a CAGR of 10.5%.
Major Driver In The Anesthesia And Respiratory Devices Market – Rise In The Preference For Wearable And Portable Medical Devices
Wearable respiratory devices are worn primarily on the torso and are used to measure the patient’s breathing rate by detecting chest wall movements. They come in a variety of shapes and sizes, including minuscule dimensional sensors, belts, and band-aid-like devices. These devices are typically linked to specialized smartphone apps that collect and evaluate data before storing it in cloud data repositories focused on key areas of respiratory healthcare such as pulse oximetry, pulmonary ventilation, air quality evaluation, and activity monitoring. Wearable respiratory devices minimize healthcare providers’ burden, increase diagnostic efficiency, save patient expenditures associated with routine examinations, and improve patients’ comfort. Major research efforts are being funded by the University of California and Khine Labs to build comfortable wearables for people suffering from respiratory disorders.
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Key Anesthesia And Respiratory Devices Market Segments
1) By Type: Respiratory Devices And Equipment (Therapeutic And Diagnostic), Anesthesia Machines, Anesthesia Disposables, Respiratory Disposables
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables
Anesthesia And Respiratory Devices Market Prominent Players
Major companies in the anesthesia and respiratory devices market include Koninklijke Philips N.V., Resmed, Cardinal Health, Inc., 3M Company, Medtronic Inc., Boston Scientific Corporation, Fisher & Paykel Healthcare Corporation Limited, Olympus Corporation, Teleflex Inc., and Getinge Group.
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The Anesthesia And Respiratory Devices Global Market Report 2023 provides a comprehensive overview on the anesthesia and respiratory devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the anesthesia and respiratory devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
In the diagnosis and treatment of respiratory illnesses, anesthesia and respiratory equipment are employed. This market includes respiratory devices used to administer medication to patients suffering from illnesses such as asthma, cystic fibrosis, acute neonatal respiratory distress syndrome, and others.
Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/respiratory-devices-and-equipment-therapeutic-and-diagnostic-global-market-report
Medical Equipment Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/medical-equipment-global-market-report
Respiratory Disease Testing Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/respiratory-disease-testing-global-market-report
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