Future Market Insights
Prevalence of respiratory disease such as asthma have increased tremendously following changes to a modern and urban lifestyle. According to WHO, 300 million of all ages suffer from asthma, a disease which leads to difficulty in breathing. Anesthesia breathing bag falls under the category of hand held medical device which is used to provide medical ventilation to patients with difficulties in breathing. Along with an oxygen source, anesthesia breathing bags also monitor tidal volume, control respirations, provide constant positive airway pressures, and sense compliance during ventilation. Improvement in the medical knowledge and ameliorating healthcare infrastructure is propelling the growth of the anesthesia breathing bags market. Anesthesia breathing bags are thin and durable in use. Moreover, these bags are easily gripped which is further expected to bolster the demand of the global anesthesia breathing bags market over the forecast period.
Global Anesthesia Breathing Bags Market: Dynamics
Rising prevalence of bronchial and respiratory diseases is fuelling the demand of anesthesia bags market. Additionally, the increase in the geriatric population globally is also leading to surging demand for anesthesia breathing bags market. Rising adoption of safe health care practices in emerging economies is expected to create ample opportunities of growth for the global anesthesia breathing bags market. The growth of the global anesthesia breathing bags market is marred by the presence of all other alternatives which are being extensively used in hospitals and among other end users.Additionally, certain regions witness the lack of skilled personnel. Not only this, increased risk of cross contamination and strict government regulations concerning the efficacy and safety of these bags is expected to hamper the growth of the global anesthesia breathing bags market. High taxation on the healthcare devices is also expected to restrain the growth of the global anesthesia breathing bags market. Use of raw materials that are rendered safe for environment is expected to open up new avenues of market growth for the global anesthesia breathing bags market.
Global Anesthesia Breathing Bags Market: Segmentation
The global anesthesia breathing bags market is segmented on the basis of capacity, material type, end use, and geography.
On the basis of capacity, the global anesthesia breathing bags market is segmented into
On the basis of material type, the global anesthesia breathing bags market is segmented into
On the basis of end use, the global anesthesia breathing bags market is segmented into
Global Anesthesia Breathing Bags Market: Regional Outlook
The global anesthesia breathing bags market is segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America is expected to lead the global anesthesia breathing bags market attributed to a high percentage of healthcare expenditure of the region. Asia Pacific anesthesia breathing bags market is expected to witness steady growth over the forecast period due to rising technological innovations among the healthcare organizations in the region. Europe anesthesia breathing bags market is expected to witness moderate growth over the forecast period. The region is expected to grow at a slow pace as compared to Asia Pacific due to declining economy in certain regions. Middle East & Africa is expected to witness sluggish growth due to comparatively low GDP and a low percentage of healthcare expenditure.
Global Anesthesia Breathing Bags Market: Key Players
Some of the key players operating in the global anesthesia breathing bags market are Armstrong Medical, Nolato group, Bemis Inc., Qosina Corporation, SunMed Medical, CMVI ltd., Westmed, Inc., Medline Industries, Inc., Tri-anim Health Services, Smiths Group plc and Anaesthetics India Private Limited.
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