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Market Research Forecasts Anesthesia & Respiratory Devices Market to Exceed $14 Billion by 2017


April 2, 2012 - Rockville, MD

MarketResearch.com has announced the addition of the new report "Anesthesia and Respiratory Devices Market to 2017 - Sleep Apnea Diagnostic Systems and Portable Anesthesia Delivery Machines to be the Fastest Growing Categories" to their collection of Anesthesia market reports. For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Anesthesia-Respiratory-Devices-Sleep-Apnea-6871121/

The global anesthesia and respiratory devices market is forecast to exceed $14 billion by 2017 with a Compound Annual Growth Rate (CAGR) of 4.7% during the period 2010-2017. The market is expected to be primarily driven by the huge patient population suffering from respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD) and the availability of medical devices to treat Obstructive Sleep Apnea (OSA) and COPD. Globally, about 300 million people suffer from OSA, the prevalence of which increases with age, reaching 30% to 80% in the elderly population. Similarly, the prevalence of COPD is high and currently about 400 to 600 million people suffer from COPD on a global basis, with about 12 million patients in the US. This provides good opportunities for growth for the medical device companies. Other factors to drive the growth of the anesthesia and respiratory devices market include, an increase in disposable income in emerging countries, an increase in the number of hospitals, growing demand for home healthcare devices and an expansion in reimbursement for wide range of anesthesia and respiratory devices.

The global anesthesia and respiratory devices market is forecast to exceed $14 billion by 2017 with a Compound Annual Growth Rate (CAGR) of 4.7% during the period 2010-2017. The market is expected to be primarily driven by the huge patient population suffering from respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD) and the availability of medical devices to treat Obstructive Sleep Apnea (OSA) and COPD. Globally, about 300 million people suffer from OSA, the prevalence of which increases with age, reaching 30% to 80% in the elderly population. Similarly, the prevalence of COPD is high and currently about 400 to 600 million people suffer from COPD on a global basis, with about 12 million patients in the US. This provides good opportunities for growth for the medical device companies. Other factors to drive the growth of the anesthesia and respiratory devices market include, an increase in disposable income in emerging countries, an increase in the number of hospitals, growing demand for home healthcare devices and an expansion in reimbursement for wide range of anesthesia and respiratory devices.

For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Anesthesia-Respiratory-Devices-Sleep-Apnea-6871121/

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit http://www.marketresearch.com.

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