DUBLIN, Dec 21, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Respiratory Disposable Devices Market 2016-2020" report to their offering.
The report forecasts the global respiratory disposable devices market to grow at a CAGR of 5.04% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global respiratory disposable devices market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of various respiratory disposable devices used during invasive and non-invasive surgical treatment and patient care.
The latest trend gaining momentum in the market is shift toward disposables devices in developed countries. Developed countries such as the US, the UK, France, and Germany have seen more customers opting for respiratory disposables over the last few years. The shift is observed as hospitals are concerned about cross-contamination that can occur if reusable products are used. Disposable masks eliminate the need for product sterilization and reduce the probability of cross-contamination in hospital settings. In most cases, disposables are more cost-efficient for use by patients when it comes to preventing cross contamination and reducing hospital stay of the patient.
According to the report, one of the major drivers for this market is rise in hospital admission for respiratory diseases. Emergency admission owing to chronic respiratory diseases is increasing. Though the mean length of hospital stay has reduced from six days to 3-4 days, the average length of inpatient stay is increasing.
Further, the report states that one of the major factors hindering the growth of this market is demand for minimally invasive procedures. The growing popularity of minimally invasive surgical procedures, which require regional and local anesthesia, is leading to a decline in the demand for general anesthesia in North American countries such as the US and Western European countries such as the UK, France, and Germany. The customer base in this market is opting for lower-cost products and surgical procedures, thereby phasing out the expensive surgical procedures where general anesthesia is required.
- Fisher & Paykel Healthcare
- Smiths Medical
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end-users
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: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/5hk292/global
Research and Markets
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SOURCE Research and Markets