The launch of advanced anesthesia and respiratory devices by major vendors is a significant positive trend being witnessed by the market in recent years. Due to the highly competitive nature of the market and the presence of various players, companies are focusing on advanced technologies to manufacture these devices for various applications. For instance, In October 2014, Covidien (a subsidiary of Medtronic Plc) launched super Dimension navigation system software that helps in visualization of airways of lungs during COPD treatment procedures.  In September 2015, Philips Respironics (a subsidiary of Koninklijke Philips N.V.) exhibited its sleep-disordered breathing and respiratory solutions including Dream Family connected positive airway pressure (PAP) therapy device; Amara View minimal contact, full-face masks  that are used for the treatment of sleep apnea patients; SimplyGo Mini lightest portable oxygen concentrator used for the treatment of respiratory disorders ; and VitaBreath, a lightweight therapy support device for the treatment of COPD.

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Sleep apnea patients are giving increasing preference to home care treatment due to its cost effectiveness and convenience. This is one of the trends in the anesthesia and respiratory devices market. Earlier sleep apnea diagnosis was a tedious process of overnight monitoring in laboratories, its diagnosis in laboratories and hospitals was inconvenient and expensive. Some of the examples of portable diagnostic devices for the treatment of sleep apnea are QDC-Pro, ApneaRx sleep therapy device, and SomnoStar z4 sleep system (Beckton, Dickenson and Company); The MediByte Kit (Braebon Medical Corporation); and Sleep Profiler sleep monitor, Sleep Profiler PSG2TM Type 2 home sleep test, and Apnea Guard (Advanced Brain Monitoring,Inc.).

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The anesthesia and respiratory devices industry is segmented into respiratory devices (therapeutic and diagnostic), anesthesia machines, anesthesia disposables, respiratory monitoring devices and respiratory disposables. One of the drivers of the anesthesia and respiratory devices market is continued use of tobacco-tobacco epidemic is one of the biggest public health issues globally and nearly 7 million people die of tobacco related diseases.  Tobacco smoking drives demand for the treatment for various chronic respiratory conditions resulting in the growing demand for various respiratory devices. As a result, the market for respiratory devices is expected to grow in the coming years.

The medical equipment market, of which the anesthesia and respiratory devices market is a segment, consists of devices are designed to aid diagnosis, monitoring or treatment of medical conditions.

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The anesthesia and respiratory devices market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast growth by geography. It places the market within the context of the wider medical equipment market, and compares it with other markets.