European Telehealth Solutions from Philips, ResMed, CareFusion Fuel $1.4 Billion Sleep Apnea, Respiratory Market

GE, Draeger, Smiths Medical Suffer from Declining Anesthesia Sales, Market to Re-Bound by 2013 due to AIMS

VANCOUVER, Oct. 4, 2011 /PRNewswire/ - According to a new report by iData Research (www.idataresearch.net), the leading global authority in medical device market research, the European anesthesia, respiratory and sleep-management device market was valued at over $1.4 billion in 2011. By 2017, this market is expected to reach almost $2 billion, fueled by the rapidly growing telehealth/homecare therapeutic sleep-apnea and ventilator segments. Philips Respironics, ResMed and CareFusion are leading these markets, despite growing competition.

"Sleep disorders are becoming much more widely diagnosed in Europe, which is driving the demand for more advanced devices that can diagnose, treat and monitor in the home," says Dr. Kamran Zamanian, CEO of iData. "Philips, ResMed and CareFusion are leaders in this space, however many other companies have released products in a bid to gain share in this lucrative market."

The report states that the market for automatic positive airway-pressure (APAP) devices, which automatically detect apneic events, are expected to be the fastest-growing segment. The U.K. and France are leading in sales growth, however there is expected to be a dramatic increase in demand in Germany, Spain and Austria.

Additionally, the ventilator segment is expected to see strong growth fueled by increased sub-acute and homecare usage as well as new remote-monitoring ventilators. Philips narrowly leads this market with their non-invasive homecare ventilators, but faces strong competition from ResMed.

"Futhermore, the anesthesia delivery units and disposables market has seen declining sales as a result of the European economic crisis," says Dr. Zamanian. "This has been a blow to major suppliers such as GE, Draeger and Smiths Medical, however technological advancements such as anesthesia information management systems (AIMS), are expected to result in new capital investments and positive market growth by 2013."

For more information, register free on iData's website at:

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iData's global report series on "The Markets for Anesthesia, Respiratory and Sleep-Management Devices" includes the latest data, market-analyses and competitor profiles for over 60 segments.

About iData Research

iData Research (www.idataresearch.net/idata/discoveridata.php) is an international market research and consulting group focused on providing market intelligence for medical device and pharmaceutical companies. iData covers research in: anesthesia, respiratory, sleep-management, EMR and more.

SOURCE iData Research Inc.