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United States Anesthesia And Respiratory Devices Market To Expand Rapidly Owing To Their Growing Capacity To Cure Various Respiratory Disorders

Press Release   •   Feb 08, 2017 12:15 IST

MarketResearchReports.biz has announced the addition of a new report, titled ‘United States Anesthesia And Respiratory Devices Market Outlook To 2021 - Airway And Anesthesia Devices, Anesthesia Machines, Pain Management Devices, Regional Anesthesia Disposables, Respiratory Devices, Respiratory Disposables And Others,’ to its online repository. As per the report, the United States anesthesia and respiratory devices market is expected to expand at a rapid pace during the period between 2016 and 2021, propelled by the increasing incidence of respiratory illnesses.

Anesthesia devices are designed to offer a continuous and accurate supply of oxygen to patients undergoing surgeries and operations. Anesthesia and respiratory devices provide an accurate quantity of oxygen mixed with anesthetic vapors at a safe flow rate and pressure. Globally, there has been an increase in the incidence of respiratory illnesses including obstructive sleep apnea and chronic obstructive pulmonary disease. The growing aging population has led to the increase in respiratory illnesses. The increasing environmental issues are further expected to drive the United States anesthesia and respiratory devices market in the next five years. Technological advancements are propelling many markets, and the United States anesthesia and respiratory devices market is not an exception. Technological advancements in anesthesia and respiratory devices are predicted to lead to availability of various options for the patients and healthcare practitioners.

Leading players in the United States anesthesia and respiratory devices market are constantly focusing on the introduction of new anesthesia and respiratory devices so as to maintain their dominance in the market. Some of the leading players are even planning mergers and acquisitions to help new entrants contribute in the near future. Anesthesia devices are used in almost all kinds of operations and surgeries. Rising occurrence of COPD is also expected to drive the United States anesthesia and respiratory devices market in the next few years.

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Anesthesia delivery machines are one of the most profitable sub-segments of the United States anesthesia and respiratory devices market and are expected to expand at a rapid pace in the coming few years. Anesthesia delivery machines are used in various surgeries and assist in monitoring levels of anesthesia till the end of the surgical procedure. Currently, the respiratory equipment segment dominates the United States anesthesia and respiratory devices market owing to the increasing demand for positive airway pressure devices.

Some of the prominent players operating in the United States anesthesia and respiratory devices market are Smiths Medical, Phillips Respironics, Inc., GE Healthcare, Medtronic plc., ResMed Inc., Braun Melsungen AG, Ambu A/S, Masimo Corporation, Becton, Dickinson and Company, and Fisher & Paykel Healthcare Corporation Ltd.

In the U.S., respiratory devices have more end users than anesthesia devices. The rising healthcare expenditure has encouraged people to choose home care services over hospital care. This has led to an increase in demand for portable medical devices. Availability of a variety of anesthesia and respiratory devices for home medical care services is predicted to propel the United States anesthesia and respiratory devices market in the next few years.

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