- Anaesthesia and respiratory devices are essential components in modern healthcare, designed to support or replace spontaneous breathing and ensure effective delivery of anaesthesia during surgeries
- The demand for anaesthesia and respiratory devices is rising due to the increasing prevalence of chronic respiratory diseases such as COPD and asthma, the growing number of surgical procedures globally, and the rising geriatric population that is more susceptible to respiratory complications
- North America is expected to dominate the anaesthesia and respiratory devices market with the largest market share of 27.11%, driven by the strong presence of key industry players, highly developed healthcare infrastructure, widespread adoption of advanced technologies, and supportive reimbursement policies
- Asia-Pacific is expected to witness the highest growth rate in the anaesthesia and respiratory devices market during the forecast period, fueled by rapid healthcare infrastructure improvements, growing investments in surgical care, increasing awareness of image-guided surgeries, and heightened healthcare spending in emerging markets such as China and India
- The respiratory devices segment is expected to dominate the product type segment with the largest market share of 68.69%, due to the high prevalence of chronic respiratory diseases, there is a significant demand for products such as ventilators, nebulizers, and oxygen concentrators, as they play a crucial role in managing these conditions
