The anesthesia face masks market size has the potential to grow by USD 9.85 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (disposable face masks, and reusable face masks) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Ambu AS, Armstrong Medical Ltd., General Electric Co., HSINER Co. Ltd., Intersurgical Ltd., Koninklijke Philips NV, Medtronic Plc, Smiths Group Plc, Teleflex Inc., and Vyaire Medical Inc.
Market Overview
Market Competitive Analysis
The market is fragmented, and the degree of fragmentation will decrease during the forecast period. Vendors are focusing on deploying different strategies, such as new product launches, to sustain in the competitive market environment. Koninklijke Philips NV, Medtronic Plc, Smiths Group Plc, Teleflex Inc., and Vyaire Medical Inc. are some of the major market participants. Although the rising number of surgical procedures will offer immense growth opportunities, the availability of substitutes will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this anesthesia face masks market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this anesthesia face masks market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Ambu AS
- Armstrong Medical Ltd.
- General Electric Co.
- HSINER Co. Ltd.
- Intersurgical Ltd.
- Koninklijke Philips NV
- Medtronic Plc
- Smiths Group Plc
- Teleflex Inc.
- Vyaire Medical Inc.
Anesthesia Face Masks Market: Segmentation by Region
North America had the largest anesthesia face masks market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing number of surgeries, the growing number of ambulatory surgery centers (ASCs), and expansion of anesthesia services by clinician-led organizations will significantly influence anesthesia face masks market growth in this region.
38% of the market’s growth will originate from North America during the forecast period. The US is the critical market for anesthesia face masks in North America. Market growth in this region will be slower than the growth of the market in Asia.
Anesthesia Face Masks Market: Segmentation by Product
The low-cost of the products, the increasing prevalence of HAIs among patients undergoing surgical procedures, and the presence of numerous vendors are the main factors for the growing demand for the disposable face masks segment in the global anesthesia face masks market. The availability of environment-friendly anesthesia face masks further adds to the growth of the disposable anesthesia face masks segment.
Market growth in this segment will be faster than the growth of the market in the reusable face masks segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the anesthesia face masks market size.
Anesthesia Face Masks Market: Key Drivers and Trends
The growing geriatric population, increasing penetration of health insurance in emerging economies, and the increasing prevalence of chronic diseases have contributed to a considerable increase in the number of surgical procedures worldwide. Therefore, the rise in the number of surgeries implies a corresponding increase in the use of different medical supplies, such as syringes, aprons, and anesthesia face masks, which aid in the management of patients during surgical procedures. Additionally, the increasing prevalence of chronic diseases due to factors such as the high consumption of tobacco and alcohol, poor nutrition, and lack of physical activity require surgical intervention as part of the treatment, which, in turn, will contribute to the growth of the market in focus. For instance, the number of people with chronic conditions, such as cancer and cardiac disease, is increasing. For example, a person with ovarian cancer may require a hysterectomy, which is a surgical procedure to remove the uterus. Thus, the increasing number of surgeries will boost the demand for anesthesia face masks during the forecast period.
- The growing need for anesthesia in different surgical procedures has led to innovations and advances in anesthetic devices and equipment, which is needed to perform complex surgeries, such as organ transplants, renal transplants, and liver transplants.
- Vendors are focusing on developing latex-free anesthesia face masks to reduce the chances of patients developing allergies and infections.
- Intersurgical offers its StarMed Ventumask range of products that have a built-in nebulizer in the anesthesia face masks for use in hospital and pre-hospital settings.
- The technological advances in anesthesia products is one of the vital anesthesia face masks market trends due to their ergonomic design; the products can be used in ambulances and for the delivery of short-term, continuous positive airway pressure CPAP in the ICU and after surgery.
- During 2020-2024, the market will grow at a CAGR of almost 4%.
Anesthesia Face Masks Market: Key Highlights of the Report for the Forecast Period 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive anesthesia face masks market growth during the next five years
- Precise estimation of the anesthesia face masks market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the anesthesia face masks market industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of anesthesia face masks market vendors