The Global anesthesia airway devices Market is forecast to reach USD 57.29 Billion by 2028, according to a new report by Reports and Data. These devices are used for diagnosis and treatment of respiratory diseases such as asthma, tuberculosis, pneumonia and chronic obstructive pulmonary disease (COPD). These devices help patients suffering from acute and chronic diseases and respiratory diseases.

Growth in people suffering from respiratory diseases coupled with a rise in the number of surgical procedure will boost the market growth. Factors such as rapid urbanization, increase in geriatric population, rise in pollution, an increase in tobacco consumption, and growth in surgical procedures are also encouraging the growth of the market.

Factors such as innovations in respiratory care devices and government support for the launch of these devices also boost the market. High demand for anesthesia airway devices will also propel market growth. Growing demand for therapeutic devices for homecare and increase in expenditure in healthcare will provide ample opportunities for the growth of the market.

North America dominates the market for anesthesia airway devices. High per capita income and awareness of health in the developed region is fueling the market in this region. One of the leading cost of death in North America is chronic obstructive pulmonary disease (COPD).

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Some Key Factors Contributing to the Global Pharma & Healthcare Market Growth

Unprecedented revenue growth of the global pharma & healthcare industry is attributed to factors such as rising prevalence of chronic and acute diseases worldwide, increasing geriatric population, rising awareness of health & wellness among consumers, and growing demand for more advanced healthcare services. Increasing demand for advanced drugs and therapeutics, growing availability of next-generation diagnostics and treatment options – especially in developing countries like India and China – rise in R&D activities and clinical trials in the pharmaceutical and biotechnology sectors, increasing public and private investments in healthcare research projects, and rising consumer expenditure on healthcare are among the other significant factors contributing to the industry revenue growth.

Further key findings from the report suggest

  • Neuro-robotic Systems held a market share of 24% in the year 2020.
  • Anesthesia Delivery Machine aids in providing drugs to patients in pain. It transfers constant and accurate supply of medical gases and anesthetic vapor at desired pressure and flow. It held a market share of 27% in the year 2020.
  • Therapeutic Devices such as infusion pumps, pacemakers, hemodialysers, ventilators, and spinal stimulators attempt to replace certain critical physiological functionalities or provide needed pain therapy. It held a market share of 28% in the year 2020.
  • Diagnostic Devices is forecasted to hold a market share of 26% in the year 2028. It is used to identify the nature of certain phenomenon, generally related to a medical condition.
  • Examples of diagnostic devices are magnetic resonance imaging apparatuses, temperature sensors or pacemakers.
  • Hospitals held a market share of 27% in the year 2020. Research institutes are forecasted to hold a market share of 21% in the year 2028.
  • Clinics are forecasted to have the highest market growth rate of 7.5% throughout the forecast period.
  • Cerebral Palsy held a market share of 21% in the year 2020. Children who suffer from the disease also have problem breathing and develop infections. Respiratory devices are commonly used among patient suffering from cerebral palsy.
  • Europe is forecasted to hold a market share of 24% in the year 2028. High per capita income and investment in the healthcare sector boost the growth of the market in the region.

Top Players in the Global anesthesia airway devices Market:

Ambu S/A, 3M Company, Becton, Dickinson and Company, Drägerwerk AG & Co., KGaA, Chart Industries Inc., Surgical Care Affiliates, Fisher & Paykel Healthcare Limited, GE Healthcare, Hamilton Medical AG, Invacare Corporation, Masimo Corporation, and ResMed Inc., among

The coronavirus pandemic has had a drastic impact on the global healthcare industry, with rising cases of COVID-19 worldwide, substantially growing hospital admission and readmission rates, and rising demand for telehealth and telemedicine services for remote patient monitoring. Furthermore, rising focus on development of rapid COVID-19 diagnostics such as the RT-PCR test kits, increased government funding for vaccine development, stringent regulatory norms and protocols for COVID-19 safety, and increasing sales of COVID-19 safety equipment, such as N-95 masks, face shields, PPE kits, and hand sanitizers, have driven the global pharma & healthcare industry revenue growth over the recent past.  

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anesthesia airway devices Market Segmentation:

Product Outlook (Revenue, USD Billion; 2020-2028)

  • Neuro-robotic Systems
  • Brain Computer Interface
  • Non-invasive Stimulators
  • Wearable Device

Anesthesia Devices Outlook (Revenue, USD Billion; 2020-2028)

  • Anesthesia Delivery Machines
  • Anesthesia Disposables & Accessories
  • Anesthesia Monitors
  • Anesthesia Information Management Systems

Respiratory Devices Outlook (Revenue, USD Billion; 2020-2028)

  • Therapeutic Devices
  • Monitoring Devices
  • Diagnostic Devices
  • Consumables & Accessories

Application Outlook (Revenue, USD Billion; 2020-2028)

  • Cerebral Palsy
  • Parkinson's disease
  • Spinal Cord Injury
  • Traumatic Brain Injury
  • Stroke

End Users Outlook (Revenue, USD Billion; 2020-2028)

  • Cognitive Care Centers
  • Hospitals
  • Clinics
  • Research Institutes
  • Other End User

Global anesthesia airway devices Market Report: Regional Segmentation

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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