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Next Move Strategy Consulting

Anesthesia and Respiratory Devices Market Report: Trends, Insights, and Forecast for 2030

Anesthesia and Respiratory Devices Market Report: Trends, Insights, and Forecast for 2030

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According to the study by Next Move Strategy Consulting, the global Anesthesia and Respiratory Devices Market size is predicted to reach USD 73.39 billion with a CAGR of 7.3% till 2030.

Anesthesia devices are used during surgical procedures to control pain, breathing, blood pressure, blood flow, and heart rate & rhythm. Respiratory care devices are used for diagnosis and treatment of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, tuberculosis, and pneumonia. These devices are important to offer improved care to patients undergoing acute and chronic respiratory diseases.

However, low adoption of new technologies for treatment, owing to reluctance from physicians and high cost of anesthesia and respiratory devices, are expected to limit their adoption, especially in low-income countries where healthcare infrastructure is not well-developed. 

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