North America Anesthesia Devices Market Size, Share & Industry Trends Analysis Report By End User (Hospital, Clinics, and Ambulatory Service Centres), By Product, By Application, By Country and Growth Forecast, 2021 - 2027
The North America Anesthesia Device Market would witness market growth of 7.5% CAGR during the forecast period (2021-2027).
The main function of anesthesia machines is delivering anesthetic gases & oxygen, removing carbon dioxide from the breathing systems & providing controlled ventilation. Most healthcare establishments use compressed gas cylinders as a source of oxygen & other medical gases.
Many of the anesthesia systems have automatic bypass valves that enable changing the CO2 absorbers without disturbing gas composition or any kind of gas leak. The anesthesia systems have electronic flow meters. The microprocessors in the anesthesia systems control flow & virtual & digital display provide detailed information. The self-testing or auto-machine check enables easily determining the problems and fixing the faults.
According to the CDC, obesity prevalence in Canada was 24.1 percent in 2007–2009, over ten percentage lower than in the United States (34.4 percent). Obesity prevalence was more than 8 percentage points lower in Canada than in the United States and more than 12 percentage points lower in women. Due to this, the requirement for surgery has increased across these nations, which is creating more demand for anesthesia device market. This has increased the number of surgeries for various diseases in the United States. As per the statics of the American Heart Association, almost half of America’s population is struggling with some kind of cardiovascular disease such as coronary heart disease, hypertension. These increasing diseases are needed to be treated by various kinds of major and minor surgeries like by pass, angioplasty, etc which also arises need of anesthesia.
The US market dominated the North America Anesthesia Devices Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,217.1 million by 2027. The Canada market is estimated to grow at a CAGR of 9.9% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 8.9% during (2021 - 2027).
Based on End User, the market is segmented into Hospital, Clinics, and Ambulatory Service Centres. Based on Product, the market is segmented into Anesthesia Delivery Machine, Anesthesia Monitors, Anesthesia Information Management Systems (AIMS), and Anesthesia Disposables & Accessories. Further, based on Anesthesia Disposables & Accessories type, the market is segmented into Anesthesia Masks, Anesthesia Circuits, Laryngoscopes, HME, and Others. Based on Application, the market is segmented into Orthopedics, Dental, Cardiology, Urology, Ophthalmology, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ambu A/S, General Electric (GE) Co., Becton, Dickinson and Company, Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, Smith & Nephew PLC, SunMed, LLC, 3M Company, Teleflex, Inc., and B. Braun Melsungen AG.
Scope of the Study
Market Segments covered in the Report:
By End User
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