What Will The Anesthesia Disposables Market Look Like In 2023?
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
The Business Research Company’s anesthesia disposables market report forecasts the anesthesia disposables market size to grow to $1.3 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.
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Anesthesia Disposables Market Size Forecast
The global anesthesia disposables market is expected to grow from $1 billion in 2022 to $1.06 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The anesthesia disposables market size is expected to grow to $1.3 billion in 2027 at a CAGR of 5.2%.
Asia-Pacific held the largest anesthesia disposables market share.
Key Anesthesia Disposables Market Driver – Increase In The Aging Population
Increasing life expectancies paired with age-related comorbidities have resulted in the growth of the elderly population who undergo surgeries. The prevalence of cardiovascular disease, arthritis, thyroid disease, and emphysema is steadily increasing, which is proportionally increasing the number of surgeries coupled with the growing prevalence of diseases. These diseases are found mainly in elderly people, which is increasing the consumption of anesthesia disposables as they are widely used in surgical procedures and are driving the market in the forecast period.
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Key Anesthesia Disposables Market Trend – Increasing Demand For Cuffed Endotracheal Tubes In Pediatrics
During pediatric anesthesia, general endotracheal intubation is commonly performed for airway management and positive pressure ventilation. Traditionally, uncuffed endotracheal tubes (ETTs) are recommended for children up to eight years old. But the major disadvantages of the uncuffed ETTs such as an increase in air leakage around the tube, make it difficult to ensure that the child is breathing adequate amounts of oxygen. In addition, the measurement of tidal volume is also compromised. Uncuffed ETTs also allow waste anesthetic gases to escape, contributing significantly to operating room contamination and rendering the anesthetic procedure more expensive. Therefore, the trend is towards increasing the usage of cuffed ETTs for pediatric procedures.
Anesthesia Disposables Market Segment
1) By Product: Anesthesia Breathing Circuits, Endotracheal Tubes, Anesthesia Gas Masks, Laryngeal Mask Airway
2) By End Users: Hospitals, Clinics, Home Care Settings, Other End users
3) By Patient Group: Neonatal, Adult, Pediatric
Anesthesia Disposables Market Major Players and Strategies
Major players in the anesthesia disposables market are Ambu A/S, Medline Industries Inc., Smiths Medical, Teleflex Inc., Vyaire Medical Inc., Armstrong Medical Ltd., Hamilton Medical AG, Intersurgical Ltd., Medtronic PLC., and Mercury Medical.
According to the American Association of Nurse Anesthetists, facilities should select disposables registered with the U.S. Environmental Protection Agency (EPA) and follow manufacturer recommendations regarding use, exposure time, and disposal. Also, they should discard disposable single-use devices in a biohazardous bag/container (e.g., breathing circuits, airway devices, orogastric tubes) immediately after use.
The Anesthesia Disposables Global Market Report 2023 covers regional data on anesthesia disposables market size, anesthesia disposables market trends and drivers, opportunities, strategies, and anesthesia disposables market competitor analysis. The countries covered in the anesthesia disposables 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.
Anesthesia medication is used to cause a temporary loss of sensation in patients. Anesthesia disposables are the single-use, portable, and easy-to-use devices that prevent the risk of infections in patients.
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