The global anesthetic gas masks market size will grow by USD 7,993.40 thousand during 2019-2023. This market report provides a detailed analysis of the market by product (disposable anesthetic gas masks and reusable anesthetic gas masks) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including Ambu AS, General Electric Co., Intersurgical Ltd., Medline Industries Inc., Smiths Group Plc, and Vyaire Medical Inc.
Key Insights on Anesthetic Gas Masks Market - Global Forecast 2019-2023
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Industry Overview
The rising prevalence of health conditions such as cardiovascular, neurological, orthopedic, and cancer that may require surgical procedures is mostly owing to the increasing high-risk factors, including hypertension, smoking, obesity, and alcohol consumption. Moreover, the geriatric population, who are prone to developing chronic ailments, is also increasing. The majority of the population aged 65 years and above have heart-related conditions, which most of the time require surgical intervention. The increasing number of surgical procedures has been translating to rising sales of anesthetic gas masks. As a result, the anesthetic gas mask market growth is continuing to accelerate. The market is expected to accelerate at a CAGR of over 3% during 2019-2023.
Vendors are focusing on innovating anesthesia disposables to improve sales. They are manufacturing products of different styles and sizes with lightweight interfaces and advanced designs. They are also focusing on increasing the comfort and efficiency of anesthetic gas masks. Moreover, with the growing demand for sustainable products across the world, vendors have started making products from environment-friendly materials. Such innovations, coupled with the increasing demand for anesthetic masks, is one of the critical anesthetic gas masks market trends that will drive market growth. For instance, Intersugical Ltd. launched ClearLite anesthetic face masks that offer superior seal performance with minimum pressure, reducing the risk of unnecessary potential trauma or discomfort. These beneficial features will increase vendor sales, influencing anesthetic gas masks market growth.
Top Companies in Anesthetic Gas Masks Market
The global anesthetic gas masks market is fragmented. To help clients improve their market positions, this anesthetic gas masks market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This anesthetic gas masks market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies in creating strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading anesthetic gas masks manufacturers, including:
- Ambu AS
- General Electric Co.
- Intersurgical Ltd.
- Medline Industries Inc.
- Smiths Group Plc
- Vyaire Medical Inc.
Market Segmentation
Anesthetic Gas Masks Market by Product
- Disposable anesthetic gas masks
- Reusable anesthetic gas masks
The disposable anesthetic gas masks segment held the largest market share in 2018. It will account for the highest anesthetic gas masks market share over the forecast period. The use of disposable anesthetic gas masks eliminates chances of infection transmission and lowers per-unit cost compared with reusable anesthetic gas masks, which will increase their adoption rate among end-user. As a result, the growth of the market segment should be substantial during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the anesthetic gas masks market size.
Anesthetic Gas Masks Market by Region
- Asia
- Europe
- North America
- ROW
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the anesthetic gas masks market throughout the forecast period. Factors such as the presence of established vendors increased adoption of advanced anesthetic gas masks, and improved healthcare infrastructure are contributing to the anesthetic gas mask market growth in this region.
Major Highlights of the Anesthetic Gas Masks Market - Global Forecast 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the anesthetic gas masks market during the next five years
- Precise estimation of the global anesthetic gas masks market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the anesthetic gas masks industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of anesthetic gas masks companies
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