Global Depth of Anaesthesia Monitoring Market Report and Forecast 2024-2032
Global Depth of Anaesthesia Monitoring Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global depth of anaesthesia monitoring market grew significantly in 2023. Aided by the escalating demand for technologically sophisticated anaesthesia monitoring systems, growing surgical procedures, and burgeoning awareness regarding patient safety during surgeries, the market is projected to further grow at a CAGR of 5.1% between 2024 and 2032.
Depth of anaesthesia monitoring technology is pivotal in the medical sector, offering meticulous insights into a patient’s anaesthetic state during surgical procedures. It safeguards against the perils of unintended awareness and anaesthesia overdose, ensuring the stability of vital physiological parameters. The augmentation in surgical precision and the mitigation of postoperative complications elevate this technology as indispensable, resonating with its growing acceptance across the global medical fraternity.
As per the depth of anaesthesia monitoring market analysis, the global healthcare landscape is witnessing a surge in the number of surgical procedures performed annually. Factors contributing to this trend include an aging population, increased prevalence of chronic diseases, and advancements in minimally invasive surgical techniques. As the number of surgeries increases, the demand for accurate depth of anaesthesia monitoring also grows, driving market expansion.
Patient safety is a paramount concern in healthcare. Anaesthesia-related complications, such as awareness during surgery or excessive anaesthesia, can lead to severe patient harm which further boosts the depth of anaesthesia monitoring market demand. As healthcare providers prioritise patient safety, the adoption of depth of anaesthesia monitoring systems becomes imperative.
The field of anaesthesia monitoring has seen significant technological advancements in recent years. These innovations have resulted in more accurate and user-friendly monitoring systems. For example, BIS monitoring, which uses EEG to measure the depth of anaesthesia, has gained widespread acceptance due to its effectiveness in preventing awareness during surgery and is one of the crucial depth of anaesthesia monitoring market trends.
Awareness during surgery, where patients become partially conscious and experience pain, is a harrowing experience. Increased awareness about this issue among healthcare providers and patients has driven the demand for better monitoring solutions to prevent such incidents.
The North American market, led by the United States and Canada, is at the forefront of depth of anaesthesia monitoring adoption. The region's well-established healthcare infrastructure, increased focus on patient safety, and a high volume of surgical procedures contribute to the value of the depth of anaesthesia monitoring market size.
Market Segmentation
The market can be divided based on product, device type, technology, end use, mode of purchase, and region.
Market Breakup by Product
Market Breakup by Device Type
- Modules
- Bundled Devices
- Standalone Devices
Market Breakup by Technology
- Bispectral Index
- Entropy
- Patient State Index (PSI)
Market Breakup by End Use
- Hospitals
- Ambulatory Surgical Centres and Clinics
Market Breakup by Mode of Purchase
- Purchase Through GPO
- Direct Purchase
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global depth of anaesthesia monitoring market. Some of the major players explored in the report by Expert Market Research are as follows:
- Medtronic PLC
- GE Healthcare
- Masimo Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- OSI Systems, Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.