Anesthesia Disposables Market Size to Grow by $ 115.98 mn During 2020-2024

Technavio has been monitoring the anesthesia disposables market and it is expected to grow by $ 115.98 mn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Anesthesia Disposables Market: North America to lead market growth during the forecast period

• 41% of the market growth will originate from North America during the forecast period.
• Rise in demand for anesthesia disposables over reusable products will be a key trend that will influence market growth significantly.
• The Increasing number of surgeries coupled with growing prevalence of diseases will be a significant factor in driving the growth of the anesthesia disposables market.

Anesthesia Disposables Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Ambu AS, Cardinal Health Inc., Dragerwerk AG & Co. KGaA, Flexicare (Group) Ltd., Intersurgical Ltd., Medline Industries Inc., Medtronic Plc, Smiths Medical Inc., Teleflex Inc., and Vyaire Medical Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Anesthesia Disposables Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive anesthesia disposables market growth during the next five years
• Precise estimation of the anesthesia disposables market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the anesthesia disposables market industry across North America, Europe, Asia, and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of anesthesia disposables market vendors

The Global Anesthesia Disposables Market is expected to grow by USD 115.98 million accelerating at a CAGR of over 6% during the forecast period. The healthcare industry is expected to witness positive growth as a result of COVID-19, and the impact of the pandemic on the market in focus is also expected to remain POSITIVE. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report with COVID-19 Impact Analysis

"The growing number of surgeries coupled with growing prevalence of diseases will drive the growth prospects for the global Anesthesia Disposables Market in the forthcoming years. 41% of the market growth will originate from North America during the forecast period", says senior research analyst for the Health Care Industry at Technavio.

Anesthesia Disposables Market: ProductSegment Highlights

• Product Segmentation: LMAs, Breathing circuits, ETTs, Resuscitators, and Anesthesia face masks
• Use of inhalational anesthesia in special population, and rise in demand for anesthesia disposables over reusable products will offer immense growth opportunities.

Anesthesia Disposables Market: Competitive Analysis

• The Anesthesia Disposables Market is fragmented due to the presence of several vendors.
• Market vendors are focused on market expansion, innovations and expansion of distribution networks.
• Ambu AS, Cardinal Health Inc., Dragerwerk AG & Co. KGaA, Flexicare (Group) Ltd., Intersurgical Ltd., Medline Industries Inc., Medtronic Plc, Smiths Medical Inc., Teleflex Inc., and Vyaire Medical Inc. are some of the major market participants. Although the growing demand will offer immense growth opportunities, intense competition among vendors, lack of trained anesthesiologists, and limitations and disadvantages of anesthesia techniques may impede market growth

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report