Anesthesia, Respiratory and Sleep Therapy Devices Market Analysis, Size, Trends | 2019-2025 | MedSuite
- Year: 2019
- Scope: 2015-2025
- Region: Europe, United States
- Pages: 1922
- Type: MedSuite
Oxygen therapy devices, sleep diagnostic devices and respiratory disposables, are expected to be the fastest-growing segments in the European anesthesia, respiratory and sleep management device market. As an alternative to the centralized delivery of concentrated oxygen, devices that allow patients to generate their own oxygen at home have played a significant role. This report focuses on these products. The growth exhibited by the oxygen therapy segment largely reflects this modest shift toward alternative oxygen therapy devices. This growth is expected to abate as replacement sales come to comprise a larger share of the market.
The U.S. anesthesia, respiratory and sleep therapy devices market is set to grow over the forecast period. Overall, this market is experiencing increased consumer awareness, advancing technology, shifting preferences and insurance reimbursement changes. The U.S. Census Bureau projects that the population of people aged 50 or older will more than double by 2030, reaching 70 million. In the U.S., the population growth rates for those over the age of 65 will increase between 2017 and 2030 as the baby boomer generation (currently, the largest age demographic) reaches retirement age. Along with this increase, the prevalence and discovery of chronic respiratory diseases would increase as well. The majority of patients who rely on oxygen therapy products tends to be seniors. Thus, the aging population is set to generate growth for the overall ARS market.
Report Regional Coverage
Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:
- United States
- Europe (15 countries including: Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Denmark, Finland, Norway and Sweden) Austria, Switzerland and Portugal)
The Only Medical Device Market Research With:
✔ Unit Sales Growth Analysis
✔ Average Selling Prices
✔ Competitor Shares by Segment & Country
✔ SKU-Level Research Methods
✔ The Lowest Acquisition Cost
Highly Detailed Segmentation
While this report suite contains all applicable market data, each of the markets are also available as stand alone MedCore reports. This allows you to get access to only the specific market segment research that you need. You can view all these included reports and segmentation here:
- Anesthesia Delivery Unit Devices Market – MedCore
- Anesthesia Monitors Market – MedCore
- Anethesia Information Management Systems Market – MedCore
- Anesthesia Disposables Market – MedCore
- Ventilators Market – MedCore
- Nebulizers Market – MedCore
- Respiratory Disposables Market – MedCore
- Oxygen Therapy Market – MedCore
- Therapeutic Obstructive Sleep Apnea Devices Market – MedCore
- Sleep Diagnostic Devices Market – MedCore
Buying all of these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More
Full Segmentation Map for the United States
Anesthesia, Respiratory and Sleep Therapy Devices Market Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- Related Press Releases from Top Competitors
Anesthesia, Respiratory and Sleep Therapy Devices Market
Of the many companies in the US anesthesia, respiratory and sleep therapy devices market, Philips is the leader, specializing in respiratory devices, therapeutic sleep management and patient monitors. Philips especially maintained their presence in equipment and devices, but less so on the side of disposables. ResMed held the second-leading position through the company’s major presence in the sleep therapy and diagnostic markets. From 2015 to 2018, ResMed acquired a significant amount of companies in order to expand their presence within certain segments, but also within certain global regions, such as China. Overall, ResMed is expected to continue to experience revenue growth, especially in the near future.
Philips and ResMed are the two leading competitors in the European anesthesia, respiratory and sleep management devices markets. Combined, they accounted for close to half of the overall market share and were leading players in a majority of segments covered in this report. ResMed was the market leader in the therapeutic sleep management device market, while Philips led the ventilator, nebulizer and sleep diagnostic device markets.
Combined, strong competition is found in GE Healthcare, Mindray, EPIC, Cerner, AllScripts, Teleflex, Becton Dickinson, Ambu and others.
All Companies Analyzed in this Study
• Air Liquide
• Alpha Trace
• Armstrong Medical
• Becton Dickinson
• Cadwell Labs
• Catalina Cylinders
• Clement Clarke
• Cramer Decker
• EVO Medical
• Fisher & Paykel
• Fukuda Denshi
• GE Healthcare
• Global Medical Holdings
• Graham Field
• Grass Technologies
• Hamilton Medical
• Hans Rudolph
• IBM Watson Health
• Mada Medical
• Mercury Medical
• Metal Impact
• Nihon Kohden
• O2 Concepts
• Precision Medical
• Salter Labs
• Smiths Medical
• The Respiratory Group
• Welch Allyn
Statistics and Procedure Trends
According to the COPD foundation, a COPD survey found that 81% of COPD patients have six or more comorbidities, including weight loss, arthritic pain, cancer, cardiac problems, osteoporosis, depression, hypertension, sleep apnea and diabetes. In 2016, the Global Burden of Disease Study by the World Health Organization (WHO) reported 251 million cases of COPD globally. Lower and middle-income countries constitute more than 90% of COPD-related deaths.
Latest Market Developments
July 2018 – Linde is on track to complete a $46 billion merger with Praxair by
the end of 2018
March 2017 – Chinese pharmaceutical giant, Fosun Pharma, is now the majority
owner of Breas Medical
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