The epidural anesthesia disposable device global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Epidural Anesthesia Disposable Device Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The epidural anesthesia disposable device market size has grown strongly in recent years. It will grow from $1.48 billion in 2023 to $1.61 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to increasing preference for disposable medical items, increasing the number of accident cases, increasing the adoption of epidural anesthesia disposables, awareness about pain management benefits, and increasing preference for epidural an aesthesia during childbirth.
The epidural anesthesia disposable devices market size is expected to see rapid growth in the next few years. It will grow to $2.36 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to increasing need for gadgets, rising need for effective and dependable disposable devices, growing number of surgeries, growing rates of chronic illnesses and an aging population, and growth in outpatient surgeries. Major trends in the forecast period include integration of digital health technologies, integrating technology for real-time monitoring and dosage control, advanced technologies, research and development investments, and innovations in clinical technology.
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Scope Of Epidural Anesthesia Disposable Device Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Epidural Anesthesia Disposable Device Market Overview
Market Drivers –
The growing number of surgeries is expected to propel the growth of the epidural anesthesia disposable device going forward. Surgeries are medical procedures where doctors use tools to treat injuries or illnesses by making cuts in the body to assess and fix problems. The increasing number of surgeries can be attributed to several factors, such as advancements in medical technology, greater awareness and access to healthcare, an aging population with more complex health needs, and evolving surgical techniques that allow for safer and more effective treatments. Epidural anesthesia disposable device minimizes the risk of cross-contamination and infection, enhancing patient safety and streamlining the surgical process by ensuring that each patient receives a sterile, single-use device. For instance, in April 2022, according to a report published by the Aesthetic Society, a US-based organization, the average plastic surgeon performed 320 surgical procedures in 2021, compared with 220 in 2020. Therefore, the growing number of surgeries drives the epidural anesthesia disposable device market.
Market Trends –
Major companies operating in the epidural anesthesia disposable device market are focused on developing innovative products and getting them approved by the U.S. Food and Drug Administration to ensure enhanced patient safety and efficacy. The developments aim to address the growing demand for minimally invasive pain management solutions as healthcare providers seek to improve patient outcomes while minimizing complications associated with traditional anesthesia methods. For instance, in May 2023, Omeq Medical, an Israel-based medical technology company, received FDA clearance for its EpiFinder device. This device is designed to assist physicians in accurately positioning an epidural needle during the standard Loss of Resistance (LOR) technique used for administering epidural anesthesia.
The epidural anesthesia disposable device market covered in this report is segmented –
1) By Type: Continuous Epidural Tray, Single Dose Epidural Tray, Epidural Anesthesia Needles, Other Types
2) By Age Group: Adults, Pediatrics
3) By Applications: Hospital, Clinics, Ambulatory Surgical Centers, Long Term Care Centers
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Regional Insights –
North America was the largest region in the epidural anesthesia disposable device market in 2023. The regions covered in the epidural anesthesia disposable device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the epidural anesthesia disposable device market are Baxter International Inc., Medline Industries Inc., B. Braun Melsungen AG, Smiths Medical Inc., Teleflex Incorporated, Halyard Health, Sarstedt Inc., Vygon Ltd., Vogt Medical Vertrieb GmbH, Romsons International, Narang Medical Limited, sfm medical devices GmbH, PAJUNK, Egemen International , Balton Ltd., Epimed International, Inc., Troge Medical GmbH, Becton, Dickinson and Company, Hull Anesthesia Inc., Zhejiang Fert Medical Device
Table of Contents
1. Executive Summary
2. Epidural Anesthesia Disposable Device Market Report Structure
3. Epidural Anesthesia Disposable Device Market Trends And Strategies
4. Epidural Anesthesia Disposable Device Market – Macro Economic Scenario
5. Epidural Anesthesia Disposable Device Market Size And Growth
…..
27. Epidural Anesthesia Disposable Device Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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