Global Anesthesia and Respiratory Devices Market Projected Worth in 2015: $12.7B

The total global anesthesia and respiratory devices market is expected to be worth $12.7 billion by 2015, out of which GE Healthcare will account for nearly 12 percent of the total revenues, and the global market is expected to record a CAGR of 9.2 percent from 2010 to 2015, according to a news release.

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Anesthesia and respiratory devices market is witnessing a steady growth on the global level due to rising incidence of chronic obstructive pulmonary diseases, obtrusive sleep apnea and asthma. Initially, anesthesia and respiratory devices were designed and developed for operating rooms.

However, with increase in awareness amongst the masses and advances in technology, these devices have found a place in post-operative care units, delivery rooms and critical care units; thereby increasing their demand. Critical care units, emergency rooms, operation theaters at hospitals, home healthcare and transport form the end-user segments for anesthesia and respiratory devices.

Read the news release about the anesthesia market.

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