Global Epidural
Anesthesia Disposable Devices Market, by Product Type (Continuous Epidural
Tray, Single Dose Epidural Tray, Epidural Anesthesia Needles, and Others), by
Age Group (Adults, and Pediatrics), by End User (Hospitals, Surgical Centers,
and Others), and by Region (North America, Latin America, Europe, Asia Pacific,
Middle East, and Africa), was valued at US$ 1,056.5 million in 2018, and is
expected to exhibit a CAGR of 9.3% over the forecast period (2019-2027), as
highlighted in a new report published by.
Increasing adoption of
collaborations and partnerships by key players are expected to propel the
market growth over the forecast period. For instance, in August 2019, Milestone
Scientific Inc. signed a distribution agreement with Paragon Care Limited, a
provider of medical equipment, devices, and consumables in Australia. Under the
agreement, Milestone’s product, CompuFlo Epidural System, will be distributed
by Paragon Care Limited. CompuFlo Epidural System is an alternative to the
conventional syringe with pressure sensing technology, which allows
anesthesiologists to easily identify the epidural space and improve patient
outcomes. Increasing usage of epidural anesthesia during labor is expected to
drive growth of epidural anesthesia disposable devices market growth over the forecast
period. For instance, according to the National Center for Health Statistics
reports, around 60% of women in labor use an epidural, spinal or combined
spinal-epidural anesthesia in the U.S. Moreover, rising incidence of orthopedic
surgeries, vascular surgeries, and others are expected to boost growth of the
epidural anesthesia disposable devices market over the forecast period. For
instance, according to the National Vascular Registry, 2018, the number of
endovascular lower limb procedures performed in 2016 was around 6,670, which
increased to around 7,402 in 2017 in the U.K.
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Browse 32 Market Data Tables and
25 Figures spread through 173 Pages and in-depth TOC on ‘Epidural Anesthesia
Disposable Devices Market’- Global Forecast to 2027, by Product Type
(Continuous Epidural Tray, Single Dose Epidural Tray, Epidural Anesthesia
Needles, and Others), by Age Group (Adults, and Pediatrics), by End User
(Hospitals, Surgical Centers, and Others), and by Region (North America, Latin
America, Europe, Asia Pacific, Middle East, and Africa)
North America is expected to hold
a dominant position in the epidural anesthesia disposable devices market over
the forecast period, owing to adoption of growth strategies such as product
launches, investments, and facility expansion by the market players in the
region to enhance their market presence. For instance, in 2016, Cambrex, a
leading Epidural Anesthesia Disposable Devices contract manufacturer, completed
expansion at its Iowa, U.S.-based manufacturing site, adding 1,000 and 4,000
gallon glass-lined reactors in the 7,500-square-foot plant. Moreover, rising
adoption of inorganic growth strategies such as distribution agreement,
collaborations, and acquisitions by market players in North America are
expected to boost the epidural anesthesia disposable devices market growth in
the region during the forecast period. For instance, in April 2018, Milestone
Scientific Inc. signed a distribution agreement with Clinical Technology Inc.,
a specialty distributor of medical products and devices in the U.S. Under the
agreement, Milestone’s product, CompuFlo Epidural System, will be distributed
by Clinical Technology Inc.
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Report: https://www.coherentmarketinsights.com/market-insight/epidural-anesthesia-disposable-devices-market-2413
Key Takeaways of the Epidural
Anesthesia Disposable Devices Market:
The global epidural anesthesia
disposable devices market is expected to exhibit a CAGR of 9.3% over the
forecast period, owing to increasing adoption of collaborations and acquisition
strategies, and rising product launches by the market players. For instance, in
October 2018, B. Braun Melsungen AG launched NRFit Connectors at the American
Society of Anesthesiologists (ASA) Meeting held in Chicago, U.S.
Among product type, epidural
anesthesia needles segment held dominant position in the epidural anesthesia
disposable devices market in 2018, owing to development of advanced devices by
the market players. For instance, in 2015, Rivanna Medical received the 510(k)
U.S. FDA clearance for its Accuro device, which is developed for anesthesia
needle guidance.
Among age group, adults segment
held dominant position in the epidural anesthesia disposable devices market in
2018, owing to rising adoption of epidural anesthesia in adults, for labor pain
management during pregnancy. The support of healthcare and government
organizations for usage of epidural anesthesia in pain relief during labor is
expected to increase the adoption of epidural anesthesia disposable devices.
This is further expected to propel the market growth over the forecast period.
For instance, in February 2018, the World Health Organization (WHO) recommended
epidural analgesia for healthy pregnant women for pain relief during labor.
Companies operating in the global
epidural anesthesia disposable devices market include B. Braun Melsungen AG,
Becton, Dickinson and Company, Teleflex Incorporated, Smiths Medical, Sarstedt,
Inc., Epimed, Egemen International, SFM Medical Devices, VOGT Medical, Vygon,
and Flat Medical
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