The global market for these disposable devices was valued at US$ 1,056.5 million in 2023 and is projected to grow at a CAGR of 9.3% during the forecast period (2023-2030).
Epidural anesthesia is a method that primarily provides analgesic relief instead of an anesthetic effect. It is used to alleviate lower back pain during vaginal birth or cesarean delivery by injecting a numbing agent into the spinal nerves. Epidural anesthesia disposable devices are utilized in the spinal region, covering the cervical, thoracic, lumbar, and sacral regions during the anesthesia procedure.
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The use of epidural anesthesia during childbirth is anticipated to spur demand for disposable epidural anesthesia devices.
The market for epidural anesthesia is anticipated to experience growth during the forecast period due to the increasing use of this method to alleviate pain during cesarean deliveries. As an example, in England, UK, almost 100,000 emergency cesarean deliveries were performed in 2017-2018, and 21% of them used epidural anesthesia to relieve pain, according to the National Health Service (NHS) Maternity Statistics from October 2018.
The market growth is anticipated to be driven by the increasing efforts of major players to expand their production facilities and geographic reach to meet the growing demand for safe and effective pain management during labor and surgeries. For example, in July 2019, Sarstedt Inc. initiated the construction of a medical equipment manufacturing plant in the Maryino industrial park in St. Petersburg, Russia, with commercial production expected to begin in May 2022. Moreover, in December 2016, Sarstedt Inc. invested US$ 6 million in expanding its Newton production facility in the U.S., which helped to increase the company’s injection molding and assembly operation capacities.
The epidural anesthesia disposable devices market is expected to witness growth during the forecast period, driven by the launch of new products by key players. For example, Becton, Dickinson and Company launched the BD Pyxis Anesthesia Station ES platform at the American Society of Health-system Pharmacists (ASHP) mid-year meeting held in Orlando, U.S. in December 2017. The platform provides medication safety and anesthesia workflow efficiency in the operating room by controlling access to medication, standardizing medication management, and supporting regulatory compliance.
Market for Disposable Devices for Epidural Anesthesia – Regional Analysis
The North America market for epidural anesthesia disposable devices is expected to hold a significant market share during the forecast period, driven by the increasing adoption of epidural anesthesia for labor pain management and recent product approvals in the region. According to data from the Government of Canada, the use of epidural anesthesia increased from 53.2% in 2006-2007 to 57.8% in 2015-2016. Additionally, in May 2019, Flat Medical, a clinical safety solutions provider, obtained FDA clearance for their EpiFaith syringe which provides secure delivery of epidural anesthesia while preventing accidental dural puncture.
The demand for epidural anesthesia for pain management and rising product approvals are expected to drive the significant market share of Europe in the global epidural anesthesia disposable devices market during the forecast period. The World Health Organization recommended the use of epidural anesthesia for healthy pregnant women seeking pain relief during labor in Europe in 2018. Additionally, in October 2018, Flat Medical, a clinical safety solutions medical technology company, received CE certification for EpiFaith for use in epidural procedures.
Key Players
Leading companies in the worldwide market for disposable devices used in epidural anesthesia procedures comprise VOGT Medical, Becton, Dickinson and Company, Smiths Medical, Teleflex Incorporated, B. Braun Melsungen AG, Flat Medical, Epimed, Egemen International, Vygon, Sarstedt, Inc., and SFM Medical Devices.
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𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐓𝐨 𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods.
Table of Contents with Major Points:
Executive Summary
- Introduction
- Key Findings
- Recommendations
- Definitions and Assumptions
Executive Summary
Market Overview
- Definition of Epidural Anesthesia Disposable Devices Market Market
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Trends and Developments
Key Insights
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Epidural Anesthesia Disposable Devices Market Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
Conclusion
Appendix
- Data Sources
- Abbreviations
- Disclaimer
TOC Continued…!
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