This report describes and explains the anesthesia disposables market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global anesthesia disposables market reached a value of nearly $1.06 billion in 2023, having grown at a compound annual growth rate (CAGR) of 4.48% since 2018. The market is expected to grow from $1.06 billion in 2023 to $1.47 billion in 2028 at a rate of 6.70%. The market is then expected to grow at a CAGR of 7.19% from 2028 and reach $2.09 billion in 2033.
Growth in the historic period resulted from growing demand for minimally invasive and effective procedures, strong economic growth in emerging markets, surge in demand for cosmetic and plastic surgeries and increased trend towards ambulatory surgical centers. Factors that negatively affected growth in the historic period were concerns regarding overdose of anesthesia causing sudden death and insufficient training and education among healthcare professionals.
Going forward, increasing aging population worldwide, rising healthcare expenditure globally, growing incidence of chronic diseases and expansions in hospital and new healthcare facilities will drive the growth. Factor that could hinder the growth of the anesthesia disposables market in the future include lack of skilled anesthesiologists.
The anesthesia disposables market is segmented by product into anesthesia breathing circuits, endotracheal tubes, anesthesia gas masks, laryngeal mask airway and other products. The laryngeal mask airway market was the largest segment of the anesthesia disposables market segmented by product, accounting for 33.90% or $362.43 million of the total in 2023. Going forward, the laryngeal mask airway segment is expected to be the fastest growing segment in the anesthesia disposables market segmented by product, at a CAGR of 7.37% during 2023-2028.
The anesthesia disposables market is segmented by patient group into neonatal, adult and pediatric. The adult market was the largest segment of the anesthesia disposables market segmented by patient group, accounting for 70.76% or $ 756.54 million of the total in 2023. Going forward, the adult segment is expected to be the fastest growing segment in the anesthesia disposables market segmented by patient group, at a CAGR of 6.96% during 2023-2028.
The anesthesia disposables market is segmented by end users into hospitals, clinics, home care settings and other end users. The hospitals market was the largest segment of the anesthesia disposables market segmented by end users, accounting for 58.56% or $626.11 million of the total in 2023. Going forward, the clinics segment is expected to be the fastest growing segment in the anesthesia disposables market segmented by end users, at a CAGR of 7.80% during 2023-2028.
North America was the largest region in the anesthesia disposables market, accounting for 39.16% or $418.73 million of the total in 2023. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the anesthesia disposables market will be Asia Pacific and North America where growth will be at CAGRs of 7.70% and 6.85% respectively. These will be followed by Western Europe and Eastern Europe where the markets are expected to grow at CAGRs of 6.26% and 5.63% respectively.
The global anesthesia disposables market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 32.85% of the total market in 2022. GE Healthcare Inc. was the largest competitor with a 10.07% share of the market, followed by Medtronic plc with 5.53%, Becton, Dickinson and Company with 4.37%, B. Braun Melsungen AG with 3.51%, Baxter International Inc. with 3.26%, Cardinal Health, Inc. with 2.91%, Fresenius SE & Co. KGaA with 2.43%, Teleflex Incorporated with 0.39%, Drägerwerk AG & Co. KGaA with 0.25% and Fisher & Paykel Healthcare Corporation Ltd. with 0.13%.
The top opportunities in the anesthesia disposables market segmented by product will arise in the laryngeal mask airway segment, which will gain $154.72 million of global annual sales by 2028. The top opportunities in the anesthesia disposables market segmented by patient group will arise in the adult segment, which will gain $302.81 million of global annual sales by 2028. The top opportunities in the anesthesia disposables market segmented by end users will arise in the hospitals segment, which will gain $227.33 million of global annual sales by 2028. The anesthesia disposables market size will gain the most in the USA at $120.71 million.
Market-trend-based strategies for the anesthesia disposables market include focus on strategic partnerships and acquisitions to strengthen market position, enhance product offerings and expand their geographic reach and focus on introducing new innovative products to strengthen market positions by offering enhanced solutions that cater to evolving customer needs.
Player-adopted strategies in the anesthesia disposables market include focus on expanding its business capabilities through new product developments, focus on enhancing its business operations through launching new product solutions and focus on improving portfolio through the launch of a global campaign to raise awareness.
To take advantage of the opportunities, the analyst recommends the anesthesia disposables companies to focus on product innovation and expansion, focus on high-growth segments, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships and acquisitions, focus on diversifying distribution channels, provide competitively priced offerings, focus on strategic pricing strategies, continue to use B2B promotions, foster on thought leadership and educational initiatives and focus on hospitals and clinics segments.
The global anesthesia disposables market reached a value of nearly $1.06 billion in 2023, having grown at a compound annual growth rate (CAGR) of 4.48% since 2018. The market is expected to grow from $1.06 billion in 2023 to $1.47 billion in 2028 at a rate of 6.70%. The market is then expected to grow at a CAGR of 7.19% from 2028 and reach $2.09 billion in 2033.
Growth in the historic period resulted from growing demand for minimally invasive and effective procedures, strong economic growth in emerging markets, surge in demand for cosmetic and plastic surgeries and increased trend towards ambulatory surgical centers. Factors that negatively affected growth in the historic period were concerns regarding overdose of anesthesia causing sudden death and insufficient training and education among healthcare professionals.
Going forward, increasing aging population worldwide, rising healthcare expenditure globally, growing incidence of chronic diseases and expansions in hospital and new healthcare facilities will drive the growth. Factor that could hinder the growth of the anesthesia disposables market in the future include lack of skilled anesthesiologists.
The anesthesia disposables market is segmented by product into anesthesia breathing circuits, endotracheal tubes, anesthesia gas masks, laryngeal mask airway and other products. The laryngeal mask airway market was the largest segment of the anesthesia disposables market segmented by product, accounting for 33.90% or $362.43 million of the total in 2023. Going forward, the laryngeal mask airway segment is expected to be the fastest growing segment in the anesthesia disposables market segmented by product, at a CAGR of 7.37% during 2023-2028.
The anesthesia disposables market is segmented by patient group into neonatal, adult and pediatric. The adult market was the largest segment of the anesthesia disposables market segmented by patient group, accounting for 70.76% or $ 756.54 million of the total in 2023. Going forward, the adult segment is expected to be the fastest growing segment in the anesthesia disposables market segmented by patient group, at a CAGR of 6.96% during 2023-2028.
The anesthesia disposables market is segmented by end users into hospitals, clinics, home care settings and other end users. The hospitals market was the largest segment of the anesthesia disposables market segmented by end users, accounting for 58.56% or $626.11 million of the total in 2023. Going forward, the clinics segment is expected to be the fastest growing segment in the anesthesia disposables market segmented by end users, at a CAGR of 7.80% during 2023-2028.
North America was the largest region in the anesthesia disposables market, accounting for 39.16% or $418.73 million of the total in 2023. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the anesthesia disposables market will be Asia Pacific and North America where growth will be at CAGRs of 7.70% and 6.85% respectively. These will be followed by Western Europe and Eastern Europe where the markets are expected to grow at CAGRs of 6.26% and 5.63% respectively.
The global anesthesia disposables market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 32.85% of the total market in 2022. GE Healthcare Inc. was the largest competitor with a 10.07% share of the market, followed by Medtronic plc with 5.53%, Becton, Dickinson and Company with 4.37%, B. Braun Melsungen AG with 3.51%, Baxter International Inc. with 3.26%, Cardinal Health, Inc. with 2.91%, Fresenius SE & Co. KGaA with 2.43%, Teleflex Incorporated with 0.39%, Drägerwerk AG & Co. KGaA with 0.25% and Fisher & Paykel Healthcare Corporation Ltd. with 0.13%.
The top opportunities in the anesthesia disposables market segmented by product will arise in the laryngeal mask airway segment, which will gain $154.72 million of global annual sales by 2028. The top opportunities in the anesthesia disposables market segmented by patient group will arise in the adult segment, which will gain $302.81 million of global annual sales by 2028. The top opportunities in the anesthesia disposables market segmented by end users will arise in the hospitals segment, which will gain $227.33 million of global annual sales by 2028. The anesthesia disposables market size will gain the most in the USA at $120.71 million.
Market-trend-based strategies for the anesthesia disposables market include focus on strategic partnerships and acquisitions to strengthen market position, enhance product offerings and expand their geographic reach and focus on introducing new innovative products to strengthen market positions by offering enhanced solutions that cater to evolving customer needs.
Player-adopted strategies in the anesthesia disposables market include focus on expanding its business capabilities through new product developments, focus on enhancing its business operations through launching new product solutions and focus on improving portfolio through the launch of a global campaign to raise awareness.
To take advantage of the opportunities, the analyst recommends the anesthesia disposables companies to focus on product innovation and expansion, focus on high-growth segments, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships and acquisitions, focus on diversifying distribution channels, provide competitively priced offerings, focus on strategic pricing strategies, continue to use B2B promotions, foster on thought leadership and educational initiatives and focus on hospitals and clinics segments.
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Anesthesia Disposables Market - Macro Economic Scenario
9 Global Market Size and Growth
10 Global Anesthesia Disposables Market Segmentation
11 Anesthesia Disposables Market, Regional and Country Analysis
12 Asia-Pacific Market
13 Western Europe Market
14 Eastern Europe Market
15 North America Market
16 South America Market
17 Middle East Market
18 Africa Market
19 Competitive Landscape and Company Profiles
22 Key Mergers and Acquisitions
23 Opportunities and Strategies
24 Anesthesia Disposables Market, Conclusions and Recommendations
25 Appendix
Executive Summary
Anesthesia Disposables Global Market Opportunities and Strategies to 2033 provides the strategists; marketers and senior management with the critical information they need to assess the global anesthesia disposables market as it emerges from the COVID-19 shut down.Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description
Where is the largest and fastest-growing market for anesthesia disposables? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The anesthesia disposables market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider anesthesia disposables market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product, by patient group and by end users.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario - The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the anesthesia disposables market.
- Global Market Size and Growth - Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis - Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by product, by patient group and by end users in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth - Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations - This section includes recommendations for anesthesia disposables providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) By Product: Anesthesia Breathing Circuits; Endotracheal Tubes; Anesthesia Gas Masks; Laryngeal Mask Airway; Other Products2) By Patient Group: Neonatal; Adult; Pediatric
3) By End User: Hospitals; Clinics; Home Care Settings; Other End Users
Key Companies Mentioned: GE Healthcare Inc.; Medtronic plc; Becton, Dickinson and Company; B. Braun Melsungen AG; Baxter International Inc
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; anesthesia disposables indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- GE Healthcare Inc.
- Medtronic plc
- Becton, Dickinson and Company
- B. Braun Melsungen AG
- Baxter International Inc.
- Cardinal Health, Inc.
- Fresenius SE & Co. KGaA
- Teleflex Incorporated
- Drägerwerk AG & Co. KGaA
- Fisher & Paykel Healthcare Corporation Ltd
- Mindray Medical International Limited
- Perlong Medical Equipment Co., Ltd
- Beijing Aeonmed Co., Ltd
- Shenzhen Landwind Industry Co., Ltd
- Henan Tuoren Medical Device Co., Ltd
- Sino-K Medical Technology Co., Ltd
- Wuxi Comfort Medical Equipment Co., Ltd
- Changzhou Kangxin Medical Instruments Co., Ltd
- Zhuhai Aofeng Medical Equipment Co., Ltd
- BPL Medical Technologies Pvt. Ltd
- Healthium MedTech Pvt. Ltd
- Baxter India Pvt. Ltd
- Smiths Medical India Pvt. Ltd
- Olympus Corporation
- Terumo Corporation
- Nihon Kohden Corporation
- Daiwha Corporation
- Hanshin Medical Co., Ltd
- Device Technologies Australia Pty Ltd
- PT Jawa Mulia Abadi
- PT. Grand Medistra
- Vygon Group
- Smiths Medical France
- Fresenius Kabi España
- Getinge AB
- Hamilton Medical AG
- Hospira Switzerland GmbH
- Intersurgical Italia S.p.A
- Ambu S.p.A
- Smiths Medical UK
- Armstrong Medical Ltd
- Nippon Steel
- Novartis
- Novo Nordisk
- Generium
- AstraZeneca plc
- Biocad
- Pfizer
- Philip Morris
- Reckitt Benckiser Group
- Ambu USA
- Smiths Medical Canada Ltd
- Baxter Canada
- B. Braun Medical Mexico
- Smiths Medical Mexico
- Fresenius Kabi Mexico
- Cutera Inc
- Galderma
- Merz Pharma GmbH & Co. KGaA
- Bayer
- GPC Medical Limited
- Angiplast Pvt. Ltd
- Smart Health Medical Equipment
- Riomed Medical Supplies
- Eisai Co. Ltd
- Koninklijke Philips NV
- Ambu A/S
- Medline Industries Inc
- Vyaire Medical Inc
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 305 |
Published | June 2024 |
Forecast Period | 2023 - 2033 |
Estimated Market Value ( USD | $ 1.06 Billion |
Forecasted Market Value ( USD | $ 2.09 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |