Global market for anesthetic & respiratory devices to reach $19.6B by 2018

Written by Anuja Vaidya | October 22, 2014 | Print  |

The global market for anesthetic and respiratory devices is expected to grow to $19.6 billion in 2018, according to analysis by Reportbuyer.

The market reached $11.1 billion in 2012 and will grow at a compound annual growth rate of 9.5 percent for the five-year period between 2013 and 2018. The rising numbers in the aged population, unhealthy lifestyles and the increasing number of surgical procedures are the major factors responsible for anesthetic and respiratory device demand.

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