A large patient population with lung diseases and an increase in the number of surgeries performed are driving demand for anesthesia and respiratory devices. However, manufacturers must strive to offer greater value to their price sensitive customers in order to sustain this demand in the long run.
New analysis from Frost & Sullivan, (medicaldevices.frost.com) United States Anesthesia and Respiratory Device Markets, reveals that revenues in this market totaled $427.9 million in 2004 and projects to reach $630.8 million in 2011.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the United States Anesthesia and Respiratory Device Markets, then send an e-mail to Danielle White, Corporate Communications, at dwhite[...]frost.com, with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.
“The increasing competition and growing price sensitivity is compelling manufacturers to turn to innovation as means to maintain brand loyalty,” explains Frost & Sullivan Industry Manager Amit Bohora.
Moreover, healthcare facilities are increasingly turning to automation and automated equipment to partially, if not completely, address the growing problem of personnel shortage.
Vendors need to offer anesthesia delivery units (ADUs) that provide incremental process improvements, scalability, and the ability to compress patient turnaround times in the operating room (OR).
'Plug-and-play' ADUs that seamlessly integrate into hospital patient management databases and anesthesia workstations and incorporate bispectral analysis for reducing costs and improving the quality of post-operative recovery are likely to be extremely popular in the coming years.
Anesthesia workstations have also advanced significantly by incorporating valve less and microprocessor controlled ventilation technologies, high/low flow rates, and low internal volumes in their latest equipment to reduce overall cost of anesthesia delivery by decreasing the amount of anesthetic agent used.
While incorporating new features, vendors must also develop ways to comply with new technology developments in the field of patient monitoring, medical imaging and pharmaceuticals.
The challenge lies in timely revision and upgrade of standards for anesthesia equipment, replacement of older equipment, and faster introduction of new technology designs in the market to ultimately reduce replacement times.
United States Anesthesia and Respiratory Device Markets, part of the Medical Device Subscription, analyzes the U.S. markets for anesthesia and respiratory devices, segmenting them into ADUs, anesthesia disposables, and respiratory disposables. It also discusses the various market trends and opportunities while providing in-depth analysis of market share, forecasts, drivers, restraints, and revenues. Analyst interviews are available to the press.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
United States Anesthesia and respiratory Device Markets
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Keywords in this release: anesthesia and respiratory devices, U.S., anesthesia delivery units, ADUs, anesthesia disposables, respiratory disposables, 'Plug-and-play' ADUs, anesthesia workstations, bispectral analysis, research, information, market, trends, technology, service, forecast, market share