The global anesthesia breathing circuits market is forecast to grow at a CAGR of 2.36% during the period 2016-2020.
According to the report, growing volume of surgeries is one of the drivers promoting growth. Medical facilities perform several surgeries in the areas of orthopedics, trauma, ophthalmology, cardiovascular, respiratory, oncology, neurology, endoscopy, laparoscopy and cosmetics.
These surgeries treat cardiovascular diseases, gastrointestinal diseases, urological disorders, spinal abnormalities, brain tumors, and orthopedic deformities. Medical facilities perform most of these surgeries as minimally invasive procedures in an outpatient setting, as it costs 37% less when compared to an inpatient setting.
Further, the report states that growing demand for minimally invasive surgical procedures is one of the challenges that the market is facing. The growing popularity of minimally invasive surgical procedures, which require regional and local anesthesia, is leading to a deflation in the demand for general anesthesia in North American countries like the US and Western European countries like UK, France, and Germany.
The customer base in this market is opting for lower-cost products and surgical procedures, in effect phasing out the more expensive open surgical procedures where general anesthesia is required. Some of the categories that require minimally invasive surgeries include women's health, breast care, general surgery, and bariatric.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Ambu A/S
- Dickinson Pty
- GE Healthcare
- Fisher & Paykel Healthcare
- Smiths Medical
- Teleflex Inc
- Airways Corporation
- Armstrong Medical
- Bard Medical
- Beijing Aeonmed
- Dräger Medical
- Hangzhou Tappa Medical Technology
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Reimbursement scenario
PART 06: Market landscape
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/m67hx3/global_anesthesia
Research and Markets
Laura Wood, Senior Manager
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-anesthesia-breathing-circuits-market-2016-2020---research-and-markets-300342643.html
SOURCE Research and Markets