Global ArtificialVentilation And Anesthesia Masks Market is expected to reach USD 2,888.8 million
by 2022, according to a new report by Grand View Research, Inc. Key factors
attributing to market growth include rising number of operation and emergency
room procedures coupled with growing demand novel products which can be used to
carry out intubation process without removing the oxygen mask. Increase in the
target disease has a direct impact on the number of operation room, emergency
and intensive care procedures and is expected to boost usage rates of
ventilation masks over the forecast period.
Increasing geriatric population is a major factor increasing the
prevalence rate of several diseases. Additionally, growing prevalence of sleep
apnea is one of the most significant growth drivers for these anesthesia and
ventilation masks over the forecast period.
According to statistics published by the National Sleep Foundation in
2012, around 40 million Americans were affected by chronic sleep disorders.
Furthermore, these patients are at a high risk of visiting emergency department
and intensive care units, and as a consequence are expected to increase the
demand of ventilation masks in the next seven years.
The market dynamics indicate that various players operating in this space
compete on the basis of product specification and prices. The technology used
to manufacture, quality of the product, and patient comfort are the key
variables expected to impact the usage of these products. The healthcare
providers assess the risk to the patient and determine the need to use invasive
ventilation or non-invasive ventilation. The use of non-invasive masks in
accident and trauma cases, lung failure and other emergency cases is a key
factor contributing to the high usage rates of these products.
The market is segmented on the basis of application as operation room,
intensive care units, emergency room, dental, and home care. In 2014 operating
room held the maximum share of over 58% for low risk procedures and is expected
to be the largest segment in the next seven years. Increase in insurance penetration,
number of hospitals and dental centers to tap the high unmet needs in emerging
economies is a key factor expected to boost the surgical volume and therefore
these factors are expected to increase the demand for ventilation masks over
the forecast period.
Full Research
Report on Global Artificial Ventilation and Anesthesia Masks Market Analysis:
http://www.grandviewresearch.com/industry-analysis/artificial-ventilation-anesthesia-masks-market
http://www.grandviewresearch.com/industry-analysis/artificial-ventilation-anesthesia-masks-market
Further key
findings from the report suggest:
- In 2014, North
America dominated the overall market with a share of more than 50%. Key
factors attributing to its large share include presence of robust
healthcare infrastructure, which includes hospitals, emergency and dental
centers.
- Furthermore, in
the U.S., the Affordable Care Act is a key driver encouraging millions of
patients to opt for surgical treatments and utilize other healthcare
services, and as a result is expected to boost usage rates of artificial
ventilation and anesthesia masks over the forecast period.
- Asia Pacific is
expected to be the fastest growing market over the forecast period. Key
factors attributing to its high growth are increase in public and private
healthcare expenditure to build new hospitals, improve reimbursement
scenario which lead to improvement in overall healthcare indicators.
- Additionally,
large population affected with various diseases is expected to increase
the number of emergency, ICU and operating room procedures and as a result
are expected to increase usage rates in these markets.
- Key players
operating in the market include Phillips Respironics, ResMed, Fisher &
Paykel, CareFusion, Ambu, Drager, and others. These companies have an
extensive portfolio of ventilation and CPAP masks.
- Additionally,
emergence of new players with novel product offerings such as SuperNO2VA
from RMDevices is expected change market dynamics due to its ability to
carry out inhalation anesthesia, artificial ventilation and intubation
procedure simultaneously.
View more reports
of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research
has segmented the Global Artificial Ventilation And Anesthesia Masks Market on
the basis of application, and region:
Global Artificial
Ventilation and Anesthesia Masks Application Outlook (Market Revenue in USD
Million, 2012 - 2022)
- Artificial
Ventilation and Anesthesia Masks Market, by Application for High Risk
Procedures
- Operation Room
- Intensive Care
Units
- Emergency Room
- Dental
- Artificial
Ventilation and Anesthesia Masks Market, by Application for Moderate Risk
Procedures
- Operation Room
- Intensive Care
Units
- Emergency Room
- Dental
- Artificial
Ventilation and Anesthesia Masks Market, by Application for Standard Risk
Procedures
- Operation Room
- Intensive Care
Units
- Emergency Room
- Dental
- Homecare
Artificial
Ventilation and Anesthesia Masks Regional Outlook (Revenue, USD Million, 2014 -
2022)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- RoW
- Brazil
- South Africa
View Press Release of this research
report by Grand View Research: http://www.grandviewresearch.com/press-release/ventilation-anesthesia-masks-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com