“The North American respiratory disposables and anesthesia disposables market, including masks, circuits, nasal cannulae, resuscitators, humidifier chambers and HMEs, is poised to grow 7.5% annually through 2019”
The North American respiratory disposables and anesthesia disposables market has registered an annual growth of around 6% in the last decade and is forecast to grow more than double by 2019. Respiratory and anesthesia disposables or consumables are primarily used in chronic obstructive pulmonary disease (COPD), asthma, sleep apnea, emergency cases, ICU and during the surgery. The leading companies operating in this segment are-G E Healthcare ((NYSE:GE), Carefusion Corporation (NYSE:CFN), Fisher and Paykel (FPH.AX), Smith Medical (SMIN.L),ResMed(NYSE:RMD), AMBU/King Systems(AMBU:DC).
The leading categories CPAP disposables and respiratory disposables represent three-fourths of the market. CPAP masks, humidifier chambers and closed circuits are anticipated to be the most high growth segments in terms of volume. The substantial growth in CPAP mask is fuelled by a widening of reimbursement coverage, a 2% *increase in reimbursement prices and a surge in use of CPAP machines. The market is also governed by the changing preference for disposables over reusable ones. Moreover, the improved designs of CPAP masks have increased comfort and wearability, making it more attractive.
In future, the market is expected to be affected by a reduction in reimbursement-frequency and competitive bidding introduced under the Obama care. The market is also constrained by price pressure resulted from competition, lack of diagnosis and complications. Further, increased use of Minimally Invasive Techniques (MIS) that require anesthetic support has limited the market growth. But the fall would be restricted to an extent by an increase in the number of new patients opting for CPAP system. Also, the price erosion would be limited by better designed masks that would attract premium pricing.
The recently published strategic market report by ABMRG, “North America Respiratory Disposable and Anesthesia Disposable Device Market - Growth Trends and Potential 2006-2019”, analyses the respiratory and anesthesia disposables device market for the continent and individual countries, the United States and Canada. It reviews historical trends and forecasts (2006-2019) the annualized trends for sales in terms of value and volume, market growth, pricing (Average Selling Price or ASP), competitive landscape, market share, market drivers and restraints. It offers a cross-category comparison for the historical and forecast period. It also provides global industry developments for last two years, including M&As, partnerships, clinical studies, pipeline, product approvals and launches, recalls and litigations, market dynamics, market drivers and restraints.
Reasons to buy:
- Analyze the market, business environment and growth opportunities.
- Formulate market and business strategies based on market trends, market drivers, market restraints and challenges in the North American respiratory and anesthesia disposable device market.
- Frame competitive product launch and product strategies based on competitive landscape in North America and individual countries (the US and Canada).
- Design capital investment strategies based on forecast high potential segments.
- Capitalize opportunities in high-growth geographies and attractive markets.
- Identify in-licensing and out-licensing opportunities, and recognize potential business partners and M&A targets.
- Plan for raw material and inventory in advance.
- Prepare management and strategic presentations using the market data.
Key companies covered:
Fisher and Paykel, Smith Medical, GE Healthcare, Dräger, AMBU/King Systems, Carefusion Corporation, ResMed, Covidien, TELEFLEX, Cardinal Health, Impact Instrumentation, Inc., Mindray Medical International, Bio-Med Devices, Allied Healthcare Products, Inc., Vadi Medical Technology Co. Ltd., Bunnell incorporated, Humi.AIDE ,Vapotherm Inc., DeVilbiss Healthcare, Hamilton medical, Maquet, eVent Medical, Nihon Kohden (Metran Co., Ltd.), Hartwell Medical.
The 161-page report consists of 87 data charts and 88 data tables. Comprehensive TOC and more details on the report are available a at http://www.abmrg.com/North-America-Respiratory-Disposable-Device-Market-Trends-and-Potential-2006-2019.html
Other strategic market reports:
Australia Respiratory Disposables Market Forecast To 2018
Europe Respiratory Devices Market Opportunity and Growth Trends Forecast Till 2018
Asia Pacific Respiratory Devices Market Assessment and Forecasts To 2018
China Ventilators Market Trends Forecast To 2018
Japan Oxygen Concentrators Market Outlook, 2005 – 2018
*Reimbursement of disposables increased 2% in 2014 from 2012.
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