07th December 2018 – Global Anesthesia Masks Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Anesthesia masks are profiled facial cushions that offer a non-invasive, simple method for delivering both anesthetic gases, oxygen and vapors to the patient. It is exclusively used for both – maintenance and induction of general anesthesia. It is an effective way to ventilate the unconscious patient. There are two main types of facemasks mainly open type and closed type.
The factors that are playing a major role in the growth of the market are rising number of surgeries, growing geriatric population, increasing use of enhanced technology and high demand for disposable technology, and growth in the occurrence of chronic diseases. However, lack of professional personnel’s in the undeveloped countries may restrain overall market growth in the years to come. Anesthesia masks market is segmented based on type, product type, end-user, and region.
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Rubber anesthesia mask, laryngeal anesthesia mask, black anesthesia mask, anatomical mask, scented mask, Rendell-baker-Soucek (RBS) mask, endoscopic mask, and other types could be explored in anesthesia masks in the forecast period. Dome masks, standard masks, and flexible masks are the product types that could be explored in anesthesia masks in the forecast period.
The market may be categorized based on end-users like ambulatory surgical centers, hospitals, clinics, institutions, and others that could be explored in the forecast period. Hospitals sector accounted for the substantial market share of anesthesia masks and is estimated to continue its dominance in the years to come. In addition, clinics sector is estimated to grow at highest CAGR in the years to come.
Globally, North America accounted for the substantial market share of anesthesia masks and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of developed healthcare infrastructure, huge investment in research and development sector, rising use of enhanced technology, and favorable reimbursement policies. The United States is a major consumer of anesthesia masks in this region.
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Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise government initiative and favorable private healthcare policies, developing healthcare infrastructure, and rise in the disease occurrence rates. The developing countries like India and China are the major consumers of anesthesia masks in this region.
The key players of the anesthesia masks market are Smiths Group, Hong and Medical, Medplus, MeBer, Hsiner, Flexicare Medical, King Systems, Ambu, Dr. Gerwerk, Medline Industries, and Intersurgical. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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