North American Market Forecast
The North America anesthesia breathing circuits market is projected to be the largest with a revenue of about 35% over the forecast period. The rising intervention of the United States and Canadian governments to create comprehensive respiratory care programs is also projected to spike the expansion of breathing systems and aid market growth in the future.
APAC Market Analysis
The Asia Pacific anesthesia breathing circuits market is set to hold 28% of the market share by the end of the projected timeframe. The rapid broadening of the geriatric population in the region who are more prone to respiratory and breathing problems is attributed to be the major cause of the increase of market size in the forecasted time. Furthermore, the escalation in the hospitalization rate and the development of a strong healthcare infrastructure is estimated to help present new growth opportunities for the market in the region.
Author Credits: Radhika Pawar
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