Global Inhalation Anesthetics Market 2023-2029
Inhalation anesthetics are a group of drugs used to induce a state of unconsciousness during medical procedures, such as surgery. These anesthetics are usually administered through inhalation using a mask or a breathing tube and work by depressing the central nervous system, resulting in a loss of consciousness, pain sensation, and muscle tone. The analysis predicts the global inhalation anesthetics market will grow from USD 1,259.0 million in 2022 to USD 1,734.1 million by 2029, achieving a compound annual growth rate (CAGR) of 4.68 percent.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global inhalation anesthetics market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, end user, and region. The global market for inhalation anesthetics can be segmented by type: desflurane, sevoflurane, isoflurane, others. Among these, the sevoflurane segment was accounted for the highest revenue generator in 2022. Inhalation anesthetics market is further segmented by end user: hospitals, ambulatory surgical centers, others. The ambulatory surgical centers segment is estimated to account for the largest share of the global inhalation anesthetics market. Based on region, the inhalation anesthetics market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global inhalation anesthetics market in 2022 and is anticipated to hold its share during the forecast period.
Market Segmentation
By type: desflurane, sevoflurane, isoflurane, others
By end user: hospitals, ambulatory surgical centers, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global inhalation anesthetics market with some of the key players being Abbvie Inc., Baxter International Inc., Piramal Enterprises Ltd., Hikma Pharmaceuticals plc, Merck KGaA, Fresenius Kabi AG, Dechra Pharmaceuticals plc, Jiangsu Hengrui Pharmaceuticals Co., Ltd., Lunan Pharmaceutical Group, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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