Navigation Links
Anesthesia Equipment and Associated Peripherals: Advanced, Patient-Friendly Devices Will Sustain Market Growth in Europe, States Frost & Sullivan
Date:10/25/2012

LONDON, Oct. 25, 2012 /PRNewswire/ -- Limited hospital spending and lengthy equipment replacement spans are slowing down growth rates in the European anesthesia equipment and associated peripherals market. This is being offset by the growing demand for safe, advanced and patient-friendly anesthesia consumables.

New analysis from Frost & Sullivan (http://www.healthcare.frost.com), Analysis of the Anesthesia Equipment and Associated Peripherals Market, finds that the market earned revenues of $ 224.5 million in 2011 and estimates this to reach $ 269.2 million in 2016. The research covers equipment (anesthesia machines and monitors) and consumables (laryngeal mask airway (LMA), endotracheal tube (ETT), anesthesia mask and breathing circuit devices).

"The demand for anesthesia equipment and peripherals is rising as a result of the spiraling number of surgical procedures being performed," notes Frost & Sullivan Senior Analyst Akanksha Joshi. "The focus is now on innovative, technologically advanced products that are patient-friendly and that promote greater safety and ease-of-operation."

In the saturated anesthesia equipment segment, the focus is on developing high-quality, cost-effective products. In the consumables segment, the trend is currently favouring disposable over reusable equivalents. There has been strong demand for reliable and easy-to-use products that can flexibly adjust to any upgrades.

Revenues in the anesthesia equipment segment are dependent mainly on replacement purchases. Limited healthcare budgets have meant, however, that purchasing departments tend to buy only the most urgently required equipment each year.

"Western European hospitals are already well equipped with anesthesia equipment, with demand now likely to come from new hospitals," explains Joshi. "In the absence of strict regulations, hospitals have tended to delay replacing old anesthesia equipment, thereby restricting market growth."

A potential strategy to maintaining revenues would be for manufacturers to offer bundled solutions, wherein advanced versions of anesthesia machines and monitors would be sold as a package, along with other equipment. Anesthesia consumables could be included in such packages.

"The development of innovative, accurate and reliable patient-friendly devices would motivate hospitals to replace their existing equipment," advises Joshi. "Technological innovation in the anesthesia consumables segment would further stimulate interest in the purchase of advanced technologies that support enhanced clinical outcomes."

If you are interested in more information on this study, please send an email with your contact details to Anna Zanchi, Corporate Communications, at anna.zanchi@frost.com

Analysis of the Anesthesia Equipment and Associated Peripherals Market is part of the Advanced Medical Technologies Growth Partnership Service programme, which also includes research in the following markets: European Operating Room Solutions Market, European Cardiac Patient Monitoring Outlook and European Markets for Continuous Glucose Monitoring. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion
Join Us:           Join our community
Subscribe:       Newsletter on "the next big thing"
Register:         Gain access to visionary innovation

Contact
Anna Zanchi
Corporate Communications – Europe
P: 0039 02 48516133
E: anna.zanchi@frost.com
http://www.frost.com


'/>"/>
SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Regional Medical Center at Memphis Completes Rapid Six-Month Implementation of Comprehensive Perioperative and Anesthesia Solution from Surgical Information Systems
2. MAQUET Initiates Class I Recall of the FLOW-i Anesthesia System
3. ResearchMoz: The World Anesthesia Drug Market (General, Local, Adjunctive) - Market Research Report
4. Dehaier Medical Wins Three Year Procurement Agreement from Major Ukrainian Medical Equipment Manufacturer
5. Cen-Med Enterprises, Leading Supplier to the Healthcare Industry, Debuts New Technical Services Division Dedicated to Repair and Maintenance of Analytical Instruments and Lab Storage Equipment
6. Surgical Equipment Market to 2018 - Increased Access to Ambulatory Surgical Centers to Drive Outpatient Surgery Volumes
7. Largest San Francisco Bay Area Lab Equipment Auction
8. GE Healthcare Imaging Equipment now available in Attainias Equipment Planning System
9. Medical Equipment 2012
10. Analog Integrated Circuits (IC) Market to 2016 - Electric Vehicles and Portable Medical Equipment Segments to be Main Source of Future Growth
11. Surgical Equipment Market (Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) - Global forecast, Market Share, size, growth and industry analysis (2010-2017)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ALEXANDRIA, Va. , June 24, 2016 ... a set of recommendations that would allow ... information (HCEI) with entities that make formulary and coverage ... determine the "value" of new medicines. The ... that does not appear on the drug label, a ...
(Date:6/24/2016)... PUNE, India , June 24, 2016 ... "Pen Needles Market by Type (Standard Pen Needles, Safety ... 12mm), Therapy (Insulin, GLP-1, Growth Hormone), Mode of Purchase ... published by MarketsandMarkets, This report studies the market for ... is expected to reach USD 2.81 Billion by 2021 ...
(Date:6/23/2016)... , June 23, 2016  MedSource announced ... as its e-clinical software solution of choice.  This ... best possible value to their clients by offering ... The preferred relationship establishes nowEDC as the EDC ... for MedSource,s full-service clients.  "nowEDC has long been ...
Breaking Medicine Technology:
(Date:6/27/2016)... ... June 27, 2016 , ... A revolution is underway. ... ambulance transport experience for the millions of people who require these medical transport ... taxi industry through the use of technology. Now, SmartEMS has put forth an ...
(Date:6/26/2016)... ... , ... Quality metrics are proliferating in cancer care, and are derived from ... of the beholder, according to experts who offered insights and commentary in the current ... For the full issue, click here . , For the American Society of ...
(Date:6/26/2016)... ... June 26, 2016 , ... Pixel Film Studios Released ... , "Film editors can give their videos a whole new perspective by using the ... CEO of Pixel Film Studios. , ProSlice Levels contains over 30 Different presets ...
(Date:6/26/2016)... Charlotte, NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind ... able to be personalized through a fitness app. The fitness app plans to fix the ... solutions currently only offer a one size fits all type program , They ...
(Date:6/25/2016)... , ... June 25, 2016 , ... ... policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, at ... on several important health care topics including advance care planning, healthcare costs and ...
Breaking Medicine News(10 mins):