Anesthesia Devices Market by Product (Anesthesia Delivery Machines, Anesthesia Disposables & Accessories, Anesthesia Monitors, and Anesthesia Information Management Systems), Application (Cardiology, Neurology, Dental, Ophthalmology, Urology, Orthopedics, and Others), End User (Hospitals, Clinics, Ambulatory Service Centers): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global anesthesia devices market was valued at $13,560.00 million in 2020, and is projected to reach $28,381.86 million by 2030, registering a CAGR of 8.10% from 2021 to 2030.
Anesthesia is a medical procedure that is used to provide sedation to the patients using anesthetics to control pain during the course of a surgery. Anesthesia devices, such as anesthesia delivery machines and disposables, are commonly used during surgical procedures to control pain, breathing, blood pressure, blood flow, and heart rate &rhythm.
The anesthesia devices mainly comprises of dosing unit, a respiratory device and the monitoring for both the device and patient. Inhalation anesthesia administers a mixture of air, oxygen, nitrous oxide and anesthetic to the patient. The volatile anesthetics are added to the respiratory air in precisely defined concentrations via a vaporizer in the anesthetic device. Pressure and flow sensors monitor the line pressures in the anesthetic device along with the inspiratory and expiratory volume flows and ensure that the patient is administered the gas mixtures selected by the anesthetist in the right concentration and with the set pressure and volume.
The market for anesthesia devices is expected to witness a significant growth during the forecast period due to advancements in anesthesia delivery and monitoring technology, increase in number of surgical procedures globally that require anesthesia, rise in the geriatric population which is highly susceptible to injuries or medical conditions that require surgery, and increasing number of patients with chronic diseases. However, the high cost of the anesthesia devices is expected to pose as a major obstacle for the growth of the market. Moreover, difficulties associated with the usage of anesthesia devices and reimbursement and regulatory issue for the anesthesia devices market are causing hindrances in the market. Emerging regions, such as Europe and Asia-Pacific, are expected to serve major opportunities to the manufacturers of anesthesia devices propelling the growth of the market during the forecast period.
Anesthesia devices market is highly competitive in nature since major players are focused on development and launch of robust anesthesia monitoring and delivery products to maintain their market share. The key players profiled in the report include General Electric, 3M Company, Ambu A/S, Becton, Dickinson and Company, Draegerwerk AG & Co. KGAA., Smith Medical, SunMed, Teleflax Incorporated, Koninklijke Philips N.V., and B.Braun Melsungen AG.
KEY BENEFITS FOR STAKEHOLDERS
The report provides in-depth analysis of the global anesthesia devices market size along with the current trends and future estimations to elucidate the imminent investment pockets.
It offers market analysis from 2021 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
A comprehensive analysis on region assists to understand the regional market and facilitate the strategic business planning and determine prevailing opportunities.
The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global anesthesia devices market growth.
KEY MARKET SEGMENTS
By Product
Anesthesia Delivery Machine
Anesthesia Disposables & Accessories
Anesthesia Circuits
Anesthesia Masks
Laryngoscopes
HME
Others
Anesthesia Monitors
Anesthesia Information Management Systems (AIMS)
By Application
Cardiology
Neurology
Dental
Ophthalmology
Urology
Orthopedics
Others
By End User
Hospital
Clinics
Ambulatory Service Centres
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
List of key players profiled in the report:
General Electric
3M Company
Ambu A/S
Becton, Dickinson and Company
Draegerwerk AG & Co. KGAA.
Smith Medical
SunMed
Teleflex Incorporated
Koninklijke Philips N.V.
B. Braun Melsungen AG
List of Company Profiles
General Electric
3M Company
Ambu A/S
Becton
Dickinson and Company
Draegerwerk AG & Co. KGAA.
Smith Medical
SunMed
Teleflex Incorporated
Koninklijke Philips N.V.
B. Braun Melsungen AG.
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