The Global Market for Anesthesia Disposables is Projected to Reach US$786 Million by 2022

Rise in Surgical Interventions and the Growing Emphasis on Safe Surgery & High Quality Surgical Care Drive the Anesthesia Disposables Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Anesthesia Disposables market. The global market for Anesthesia Disposables is projected to reach US$786 million by 2022, driven by the growing global burden of traumatic injuries and diseases such as cancer and cardiovascular disorders and the ensuing demand for life-saving surgical interventions; growing focus on safety standards and the resulting importance given for preparatory stages of surgery including administration of anesthesia.

Demand for anesthesia disposables continues to rise worldwide. Growing geriatric population, increasing life expectancy, rising prevalence of various diseases, and increasing healthcare spending are boosting the volume of surgical procedures performed worldwide. Innovation in surgical techniques and technologies has resulted in improved surgical outcomes thus encouraging surgical interventions as the preferred strategy in disease treatment and management. The volume growth in surgeries is spurring demand for anesthesia disposables. The still commonplace administration of general anesthesia especially in complex surgeries is driving demand for anesthesia disposables such as anesthesia breathing circuits, face masks, endotracheal tubes and laryngeal mask airways. Given the growing severity of diseases especially infectious diseases, complex surgical procedures are forecast to become more common in the coming years.       

Technological advancements are also fueling growth in the market. Innovative product features designed to inflict lesser trauma and trigger lower adverse events in patients are growing in popularity such as tubes with easier insertion. Endotracheal tubes (ETTs) are facing stiff competition from alternative airway management devices such as laryngeal mask airways. Technological advancements have become the key focus on manufacturers of ETTs to remain relevant in the market. New anti-microbial coated ETTs and tubes that offer additional functionality, growing adoption of cuffed endotracheal tubes over the conventional uncuffed versions in pediatric patients are some of the latest in this space. Increasing nosocomial infections is encouraging the shift towards single-use products in anesthesia disposables. Laryngeal mask airways are witnessing sizable growth in adoption and are increasingly being preferred over endotracheal tubes wherever feasible. The shift is driven by ease of use and positioning by even inexperienced personnel and in cases where ventilation is required even when intubation is unnecessary. Despite the opportunities for growth, the market will face challenges such as growing popularity of minimally invasive surgeries performed under local anesthesia.

As stated by the new market research report on Anesthesia Disposables, the United States represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 5.7% through the analysis period led by factors such as growing population and a parallel increase in healthcare needs; developing healthcare infrastructure; increasing access to affordable healthcare services; growing per capita healthcare spending among the expanding base of affluent middle class population; and growing trend of medical tourism especially in the field of orthopedic surgery, cosmetic surgery and cardiology.  

Major players covered in the report include Ambu A/S, Armstrong Medical Ltd., Becton, Dickinson and Company, Draegerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, Hamilton Medical AG, Intersurgical Ltd., Medline Industries, Inc., Medtronic, plc, Mercury Medical, Smiths Medical, Inc., and Teleflex, Inc. among others.

The research report titled “Anesthesia Disposables: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for Anesthesia Disposables in US$ terms for all major geographic markets such as United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East & Africa and Latin America. Product segments analyzed include Anesthesia Breathing Circuits, Endotracheal Tubes, Anesthesia Gas Masks and Laryngeal Mask Airways.

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