|
|
U.S. Anesthesia and Respiratory Products MarketsPublished by: Frost & Sullivan Published: Jan. 10, 2003 Table of Contents 1 Introduction to the U.S. Anesthesia and Respiratory Products Market 2 U.S. Anesthesia Machines Market 3 U.S. Disposable Endotracheal Tubes Market 4 U.S. Laryngeal Mask Airway (LMA) Market 5 U.S. Disposable Tracheostomy Tubes Market 6 U.S. Anesthesia Circuits Market 7 U.S. Disposable Anesthesia Masks Market 8 U.S. Disposable Oxygen Masks Market 9 U.S. Oxygen Cannulas Market 10 U.S. Disposable Resuscitators Market AbstractNeed for Effective Integration of Information Technology Creates New OpportunitiesAs hospital monitoring increases, the demand for fully integrated workstations in healthcare facilities is on the rise, propelling a steady growth in the U.S. anesthesia and respiratory products market. The need for high-quality patient care and a free flow of information that improves the response time of clinicians to vital signs and alarms also encourage demand for such advanced products. However, future growth will be restricted due to market saturation and cost containment. This Frost & Sullivan research examines the U.S. Anesthesia and Respiratory Products Market and its nine segments - anesthesia machines, disposable endotracheal tubes, laryngeal mask airways (LMAs), disposable tracheostomy tubes, anesthesia circuits, anesthesia masks, disposable oxygen masks, oxygen cannulas, and disposable resuscitators. The report also provides comprehensive market information that will aid manufacturers in designing strategic marketing plans. Patented LMAs and Varied Market Requirements Drive the Market The market success of LMAs, a patented intubation product with low side-effect profiles, is posing a significant challenge for manufacturers of endotracheal tubes. According to the analyst, "With proprietary patents, proven clinical effectiveness and endorsement from the American Heart Association, LMAs are highly preferred for resuscitation. As a result, sustained efforts are on to develop alternative intubating devices such as pharyngeal airways, sparking-off competition." A steady increase in the elderly patient population and the trend toward more outpatient surgeries is raising the demand for various anesthesia and respiratory products. Greater emphasis on hygiene and infection control as well as the requirement for spontaneous breathing and sophisticated ventilation modes are expanding the market. The surge in emergency medical services and freestanding surgery centers is also expected to prop up market growth. Strategic Mergers, Strong Distribution Network, and Broader Product Portfolio - A Must for Tangible Growth U.S. Food and Drug Administration (FDA) mandates and other regulatory requirements such as labeling, quality system, recordkeeping, and adverse event reporting to avoid product recalls are keeping market participants on a tight rein. The decline in reimbursement levels and cost-saving measures employed by customers are slowing down purchases.
Leading manufacturers are concentrating on strategic mergers since markets for many products are nearing saturation. The analyst concludes, "Such alliances enable companies to strengthen their distribution networks, adopt new technologies, expand product lines, and gain price competence. Customized workstations, patented technologies that offer ergonomic solutions, and the extension of distribution channels to untapped markets will win them contracts from group purchasing organizations."
|
|
|||
|
About MarketResearch.com
|
||||