The US anesthesia face masks market is estimated to exhibit a sturdy CAGR of 2.6% during the forecast period (2021-2027). The market is anticipated to grow during the forecast period owing to the rising incidences of several diseases and advanced treatment options associated with them. The treatment-seeking population is, therefore, estimated to be notably higher in the US compared to other developing countries. Thus, overall, the anesthesia face masks market in the US is estimated to grow steadily during the forecast period due to few major factors such as the growing geriatric population, the increasing awareness about advanced anesthesia face masks, coupled with the availability of advanced surgical procedures.
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Further, the WHO reported, the health care expenditure per capita based on the purchasing power parity (PPP) in the US increased significantly from around $9,053.43 in 2014 to $9,869.74 in 2016. Also, as per the Centers for Disease Control and Prevention (CDC), the personal healthcare expenditure in the US was estimated to increase by an annual change of around 4.6% during 2006?2016 with total spending of around $1,804 billion in 2006 that reached to $2,834 billion in 2016. Such high-spending on healthcare can be attributed to the substantial demand for advanced medical equipment, including anesthesia face masks.
Moreover, as the country is the single largest market for anesthesia face masks, it becomes strategically important to boost product innovations for many market players. The market in the US is characterized by its high penetration of advanced treatment solutions for many diseases, technological advancements such as anesthesia face masks made up of skin friendly material. Additionally, with favorable patient demography with the rising aging population, the country offers tremendous growth opportunities. Thus, the anesthesia face masks market in the US is anticipated to grow substantially in the future.
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Market Coverage
· Market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segments Covered- by Material, Usability, and Age Group
· Country Covered- US
· Competitive Landscape- Ambu A/S, ARMSTRONG MEDICAL, Cardinal Health, GE Healthcare, and Medline Industries, Inc.
US Anesthesia Face Masks Market Report Segment
By Material
· PVC
· Silicone
· Others
By Usability
· Disposable
· Reusable
By Age Group
· Adult
· Pediatric
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
