Global Anesthesia Disposables Market 2022 – Market Opportunities And Strategies
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The anesthesia disposables market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 4%, as per The Business Research Company’s market report!
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The Anesthesia Disposables Market Size In 2022 And Forecast
The global anesthesia disposables market grew from $0.92 billion in 2021 to $0.99 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The anesthesia disposables market is expected to grow to $1.19 billion in 2026 at a CAGR of 4.6%.
The anesthesia disposables market consists of sales of anesthesia disposables and related services. The anesthesia disposables are easy to use and portable devices.
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Increase In The Aging Population Leads To Increased Surgeries Is Driving The Growth Of The Anesthesia Disposables Market
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.
Competitive Landscape And The Regional Analysis Of The Anesthesia Disposables Market
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.
Additionally, as per TBRC’s research – Asia Pacific was the largest region in the anesthesia disposables market in 2021 holding the largest market share.
The Anesthesia Disposables Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the anesthesia disposables market.
Increasing The Usage Of Cuffed ETTs For Pediatric Procedures – A Key Trend In The Anesthesia Disposables Market
The demand for cuffed endotracheal tubes (ETTs) in pediatrics is growing as compared to uncuffed ETTs. 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 Segmentation By The Business Research Company
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
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