Global Anesthesia Equipment Market to Grow 7.4% Through 2014

The global anesthesia equipment market is expected to grow 7.4 percent through 2014, driven by the increased availability of advanced anesthetic equipment, according to a Market Research report.

The report said the market has seen an increased trend of mergers and acquisitions among anesthesia equipment manufacturers. Despite this growth, price battles among vendors could pose a challenge to market expansion.

Key vendors dominating the anesthesia equipment market include GE Healthcare, Draegerwerk AG & Co. KGaA and Philips Healthcare.

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