Inhalation Anesthetics Market, By Type (Desflurane, Sevoflurane, Isoflurane, and Other Types), By End-User (Hospitals, Ambulatory Surgical Centers, and Other End Users), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Inhalation anesthetics (such as isoflurane, desflurane, nitrous oxide, sevoflurane, halothane, most commonly used agents in practice today) are widely used for induction and maintenance of general anesthesia in the operating room. Inhalational anesthetic is the chemical compound possessing general anesthetic properties that can be delivered via inhalation. These anesthetics are used for both the induction & maintenance of general anesthesia during surgery. Inhalation anesthetics produce sedation on a spectrum up to and including general anesthesia as well as other clinical effects.
Market Dynamics:
Increasing number of emergency cases and surgical interventions, rise in geriatric population prone to chronic diseases, growing demand for lesser duration in hospitalization, and increasing accessibility to health services and surgeries are some major factors expected to augment the growth of the global inhalation anesthetics market. Most chronic illnesses do not fix themselves and are generally not cured completely, and thus, require surgery. One in four surgical patients has a chronic disease with an associated 10-fold increase in risk of postoperative death. Thus, with the increasing number of surgeries, the usage of inhalation anesthetics is also increasing with a rapid pace worldwide.
In April 2020, Blue-Zone Technologies Ltd. announced receipt from Health Canada of a Drug Identification Number (DIN) for DESFLURANE, USP, a drug used for general anesthesia. The DIN permits Blue-Zone to both produce and commercially launch its branded generic drug.
Moreover, in January 2022, Dechra Pharmaceuticals announced the acquisition of Isoflurane USP Inhalant Anesthetic and Sevoflurane USP Inhalant Anesthetic from Halocarbon Life Sciences. The 2 inhalation anesthesia solutions are used in both human and animal medicine. Dechra plans to launch veterinary branded Isoflurane and Sevoflurane products this year.
Key features of the study:
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