Global Artificial Ventilation and Anaesthesia Masks Market Projected to Reach USD 3.9 Billion by 2032 at a 5% CAGR, Driven by Increased Healthcare Spending
Global Artificial Ventilation and Anaesthesia Masks Market were projected to reach US$ 2.3 billion in 2021. The market for artificial ventilation and anaesthesia masks is anticipated to reach a value of around US$ 3.9 billion by the end of 2032, with a projected CAGR of 5.0% from 2022 to 2032, due to the recent rise in expenditure on these products globally. The Artificial Ventilation and Anaesthesia Masks Market grew by 5.7% between 2017 and 2021.
FMI offers a comprehensive study of the market for artificial ventilation and anaesthesia masks based on the most recent data and statistics from the largest pharmaceutical and healthcare equipment producers worldwide. The research on the existing and upcoming Market environment for the Artificial Ventilation and Anaesthesia Masks Market is further aided by FMI’s insights into the Market data on more than 5000+ medications for more than 100 countries. To give an unbiased analysis for a wise and cost-effective selection, our team of healthcare experts follows the data of both long-standing competitors and recent newcomers.
Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.
The Artificial Ventilation and Anaesthesia Masks Market research provides substantial data sets supporting major trends influencing market growth. It provides information on the tactics used by the major players to allay worries and handle issues that would hinder the market’s expansion for artificial ventilation and anaesthesia masks. The Artificial Ventilation and Anaesthesia Masks Market report will help and identify the worries, for a smooth-sailing of the small & medium as well as large organisations, with the help of our deep research and information about the past, current, and future Market situation.
A treatment comprising artificial ventilation and anaesthesia masks is given to more than 50% of patients who are hospitalised to an intensive care unit (ICU). One of the main drivers of the artificial ventilation and anaesthesia masks industry is the growing elderly population. By 2050, the United Nations predicted that there will be over 2 billion people who are elderly. Chronic disorders like sleep apnea, cancer, COPD, kidney failure, and coronary artery disease are frequently made worse by an ageing population. This increases the need for surgical procedures, which in turn raises the demand for anaesthesia masks and artificial ventilation.
Artificial Ventilation and Anaesthesia Masks Market: Segmentation
Detailed analysis on the geographical region and country wise insights are offered in the latest Artificial Ventilation and Anaesthesia Masks Market report with established Market players as well as incumbents in the region.
The market for anaesthesia masks and artificial ventilation systems is also supported by the rising number of COPD patients. According to WHO estimates, the illness will likely rank as the third most common cause of death worldwide. According to reports, 12.7 million persons in the USA alone have COPD. The need for artificial ventilation and anaesthesia masks is anticipated to increase in the near future due to the rising need for long-term home care and emergency treatment for lung disorders in both adults and children.
By Segment:
Artificial Ventilation and Anaesthesia Masks Market by Application:
- Operation Room
- Intensive Care Unit
- Emergency Room
- Dental
- Home Care
Artificial Ventilation and Anaesthesia Masks Market by Risk of the Procedure:
- High Risk Patients
- Moderate Risk
- Standard Patients
Artificial Ventilation and Anaesthesia Masks Market by Region:
- North America
- Europe
- APAC
- Middle East and Africa (MEA)
- Latin America
Comprehensive analysis of the regional Markets offers exclusive insights on the Market performance across geographies along with relevant graphs, figures, and list of tables.
Competitive Analysis
By Prominent Market Players
- CareFusion Corporation
- Air Liquide Healthcare
- Koninklijke Philips N.V.
- Fisher and Paykel Healthcare
- ResMed
- Ambu A/S
- Hamilton Medical
- Acutronic Medical Systems
- GaleMed
- HOFFRICHTER GmbH
- Dragerwerk SA
The FMI study presents the strengths, weaknesses, growth opportunities, and obstacles of each participant using a thorough SWOT analysis. Important information is also provided in the study, such as the manufacturers’ sales, price, and marketing strategies for the market for artificial ventilation and anaesthesia masks.
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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