Global Anesthesia Face Masks Market (2021 to 2026) - Outlook and Forecast - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 31, 2020--
The “Anesthesia Face Masks Market - Global Outlook and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The anesthesia face mask market by revenue is expected to grow at a CAGR of over 3% during the period 2021-2026.
The global market includes a rapidly growing advanced category of treatment devices that help patients suffering from diseases to improve their quality of life. In the last several decades, these devices have been available across the world, and the adoption has been increasing steadily. The growing adoption of percutaneous surgery procedures for diagnosis and treatment is expected to drive the growth of the anesthesia face masks market. Moreover, the increasing uptake of latex-free thermoplastics and silicone material with improved biocompatibility, bio-durability, and high chemical-resistance is likely to increase product innovations, thereby influencing the market growth.
The following factors are likely to contribute to the growth of the anesthesia face mask market during the forecast period:
- Technological Advances in Mask Designs
- Demand for Pediatric Anesthesia Face Masks
- High Growth Potential in LMICs
- Increasing Number of MR Procedures
The study considers the present scenario of the anesthesia face masks market and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Silicone masks constitute the highest market share as they are commercially viable and are easily available in the market. Over the last few decades, the use of silicone material has grown steadily. As the material is biocompatible, it is an ideal choice during surgical procedures. The segment is likely to grow on account of several factors, including flexibility in temperature ranges, resistance to compression sets, which are increasing their popularity overall.
Single-use or disposable anesthesia masks have become crucial for maintaining hygiene and patient safety in healthcare settings. As these masks score high on comfort, safety, performance, and reliability along with antibacterial assurance and environmental safety, disposable masks become an ideal choice. Amid the impact of the COVID-19 pandemic, the use of single-use medical products, including masks, is highly recommended to prevent infections in healthcare settings. This is further fueling the uptake of single-use face masks. On the other hand, economic effectiveness and environmental concerns are the major factors responsible for the growth of reusable masks. Although these masks account for less than 12% of the market share, factors such as sustainability and cost efficiency are driving the application of reusable anesthesia face masks.
The high incidence and prevalence of several chronic and acute diseases that need surgical treatment, is boosting the application of anesthesia masks among adults. Also, the growing geriatric population and changes in lifestyles are other major factors contributing to the growth of the market. With the rise in the aging population, which is vulnerable to several acute and chronic disorders, adult anesthesia face masks are likely to dominate the revenues.
Key Question Answered:
1. What is the total market value of the anesthesia face masks market in 2026?
2. What are the major entry barriers for new players in the market?
3. Which government regulations are likely to aid the growth of regional markets?
4. What are the growth trends and prospects of the Anesthesia face masks market?
5. What are the key opportunities and threats faced by the key vendors amidst the COVID-19 pandemic?
Opportunities & Trends
- Technological Advances In Mask Designs
- Growing Demand For Pediatric Anesthesia Face Masks
- High Growth Potential In LMICs
- Increasing Patient Pool Across The World
- Increasing Magnetic Resonance (MR) Procedures
- Growing Number Of Surgeries
- Dearth Of Skilled Anesthesiologists
- Threat Of Global Pandemic
- Intense Competition Coupled With Pricing Pressure
- Cardinal Health
- GE Healthcare
- Medline Industries
- ARMSTRONG MEDICAL
Other Prominent Vendors
- ASP Global
- Avante Health Solutions
- Biotronix Healthcare
- BLS Systems
- Boen Healthcare
- JG MORIYA
- Koo Medical Equipment
- Micsafe Medical Group
- Smiths Group
- Sunset Healthcare Solutions
- VBM Medizintechnik
- VYAIRE MEDICAL
- Well Lead Medical
- Wujiang Evergreen
- Xiamen Compower Medical Tech
- XIAMEN FIRSTCARE
For more information about this report visit https://www.researchandmarkets.com/r/76eo02
View source version on businesswire.com:https://www.businesswire.com/news/home/20201231005054/en/
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INDUSTRY KEYWORD: MEDICAL SUPPLIES HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 12/31/2020 05:15 AM/DISC: 12/31/2020 05:15 AM