Anesthesia CO2 Absorbent Market Size, Share & Trends Analysis Report By Product, By Type (Premium, Traditional), By Form (Powder, Granular), By End Use (Hospitals, Clinics, Others), By Region, And Segment Forecasts, 2024 - 2030
Anesthesia CO2 Absorbent Market Size, Share & Trends Analysis Report By Product, By Type (Premium, Traditional), By Form (Powder, Granular), By End Use (Hospitals, Clinics, Others), By Region, And Segment Forecasts, 2024 - 2030
Anesthesia CO2 Absorbent Market Growth & Trends
The global anesthesia CO2 absorbent market size is expected to reach USD 117.3 million by 2030, expanding at a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising geriatric population, increasing usage of regional anesthesia, and augmenting volume of surgical procedures across the globe are vital impact rendering drivers for the market.
Anesthesia CO2 absorbent forms a niche segment within the anesthesia disposables, the demand for which is expected to rise with increasing number of surgeries. According to the statistics provided by the WHO in collaboration with the Department of Health Policy and Management of Harvard, the global surgical volume is high and accounts for about 234 million surgeries per year.
Furthermore, with this increase, a proportional rise in complications and deaths after surgery are being witnessed. According to the statistics provided by the U.S. Agency for Healthcare Research and Quality, one in 150 patients dies due to improper administration of anesthesia.
The Harvard School of Public Health’s study links economic conditions of a country with volume of surgeries and states that prevalence of major surgeries is 37 times higher in countries with healthcare expenditure above USD 1,000 per person.
Anesthesia CO2 Absorbent Market Report Highlights
The global anesthesia CO2 absorbent market is segmented into Soda lime, Medisorb, Dragersorb, Amsorb, Litholyme, and others. The medisorb segment held the largest market share of around 28.8% in 2023
The amsorb CO2 absorbents segment is anticipated to grow at the fastest CAGR of 6.0% during the forecast period.
North America held the largest market share of around 35.4% in 2023 and is expected to continue its dominance during the forecast period.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Anesthesia CO2 Absorbent Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Anesthesia CO2 Absorbent Market Analysis Tools