Global Anesthesia and Respiratory Devices Market worth US$12.7 Billion by 2015 According to a new market research report, “Global Anesthesia and Respiratory Devices Market (2010–2015)�, the total global anesthesia and respiratory devices market is expected to be worth US$12.7 billion by 2015, out of which GE Healthcare will account for nearly 12% of the total revenues. The global market is expected to record a CAGR of 9.2% from 2010 to 2015. Browse 116 market data tables and in-depth TOC on Anesthesia and Respiratory Devices Markets. http://www.marketsandmarkets.com/Market-Reports/respiratory-devices-349.html Early buyers will receive 10% customization on this report.
Anesthesia and respiratory devices market is witnessing a steady growth on the global level due to rising incidence of chronic obstructive pulmonary diseases, obtrusive sleep apnea and asthma. Initially, anesthesia and respiratory devices were designed and developed for operating rooms. However, with increase in awareness amongst the masses and advances in technology, these devices have found a place in post-operative care units, delivery rooms and critical care units; thereby increasing their demand. Critical care units, emergency rooms, operation theaters at hospitals, home healthcare and transport form the end-user segments for anesthesia and respiratory devices. Rising incidence of respiratory diseases such as OSA and COPD are the major factors influencing the market for the respiratory devices. This segment accounts for the largest share of the anesthesia and respiratory devices market. Increasing medical tourism and rising healthcare expenditure in emerging economies for building up the healthcare infrastructure will subsequently drive the demand for anesthesia devices. The U.S. market for anesthesia and respiratory devices market is expected to grow due to an increase in the number of patients suffering from COPD. In the U.S., around 12 million people are suffering from COPD. Increasing aging population, more number of outpatient surgeries performed and availability of reimbursement for anesthesia and respiratory devices market drive the demand in the U.S. market. The market for anesthesia and respiratory devices in the BRIC (Brazil, Russia, India and China) is increasing due to many factors. Rising government expenditure towards healthcare is one of the major factors impacting these markets. The