ASIA-PACIFIC ANESTHESIA MACHINERY MARKET FORECAST 2021-2028

ASIA-PACIFIC ANESTHESIA MACHINERY MARKET FORECAST 2021-2028

  • February 2021 •
  • 154 pages •
  • Report ID: 6028805 •
  • Format: PDF
KEY FINDINGS
The Asia-Pacific anesthesia machinery market is expected to grow with a CAGR of 7.47%, during the forecast period of 2021 to 2028. The market growth of the region is accelerated by factors such as, the growing awareness regarding diseases and respective treatment types, the rising demand for diverse surgical procedures due to the alarming prevalence of chronic conditions, and the expansion of major pharmaceutical and biotechnology firms.

MARKET INSIGHTS
The Asia-Pacific anesthesia machinery market growth analysis includes the assessment of South Korea, Thailand, Japan, China, India, Vietnam, Australia & New Zealand, Indonesia, and the rest of the Asia-Pacific.India’s anesthesia machinery market’s progressive growth can be accredited to the increasing number of surgeries, effective management across the healthcare system, and the incoming private investments.

According to the statistics issued by the International Society of Aesthetic Plastic Surgery, cosmetic procedures are becoming increasingly popular in emerging nations, such as, China and India. For instance, in 2016, India recorded nearly 192,760 surgical cosmetic surgeries, thereby indicating the increasing need for anesthetic drugs in the country.
With one of the highest life expectancy rates, South Korea’s healthcare system is characterized by universal medical insurance coverage.The country also registered the maximum share of out-of-pocket (OOP) consumption to medical care, across all OECD nations.

As the epicenter of medical anesthetic surgeries, South Korea also witnesses the highest number of procedures, worldwide.The country’s extensive medical tourism has also bolstered the inhalation anesthetic industry.

Thus, these factors are set to propel the anesthesia machinery market growth over the forecast period.

COMPETITIVE INSIGHTS
Leading companies operating in the region’s market are, GE Healthcare, Fisher & Paykel Healthcare Limited, Koninklijke Philips NV, Cardinal Health Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. CARDINAL HEALTH INC
2. DRAGERWERK AG
3. FISHER & PAYKEL HEALTHCARE LIMITED
4. GE HEALTHCARE
5. GETINGE AB
6. HEYER MEDICAL
7. KONINKLIJKE PHILIPS NV
8. MASIMO CORPORATION
9. MEDTRONIC PLC
10. MIDMARK CORPORATION
11. MINDRAY DS USA INC
12. SMITHS GROUP PLC
13. SPACELABS HEALTHCARE
14. TELEFLEX INCORPORATED
15. VYAIRE MEDICAL INC