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