Anesthesia devices includes continuous-flow anesthetic machines, anesthesia information management system (AIMS), monitors, and anesthetics vaporizers and other disposables such as endotracheal tubes, laryngeal mask airway, anesthesia breathing circuits, anesthesia gas masks. During surgery, anesthetic machines are used to give anesthetic to patients. Variable gas mixtures are given to breathing systems, which are subsequently used to distribute gases to patients wearing oxygen masks. Anesthetic machines govern the amount of oxygen, nitrous oxide, and other gases delivered to patients.
The global anesthetic device market was worth US$ 10,571.6 million in 2017, and it is predicted to grow at a CAGR of 7.3 percent between 2018 and 2026.
Highlights of the Report:
- In-depth analysis of various insights, namely, Anesthesia Device Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Anesthesia Device Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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Anesthesia Device Market – Competitive Landscape
Key players operating in the anesthesia device market include, GE Healthcare, Spacelabs Healthcare., Septodont Inc, Draegerwerk AG & Co. KGaA, Beijing Aeonmed Co., Ltd., HEYER Medical AG, ORICARE, Inc., Philips Healthcare, Becton Dickinson and Company, and Getinge AB.
Key questions answered in the report:
- What will the market growth rate of Anesthesia Device Market in 2026?
- What are the key factors driving the global Anesthesia Device Market?
- Who are the key manufacturers in Anesthesia Device Market space?
- What are the market opportunities, market risk and market overview of the Anesthesia Device Market?
- What are sales, revenue, and price analysis of top manufacturers of Anesthesia Device Market?
- Who are the distributors, traders and dealers of Anesthesia Device Market?
- What are the Anesthesia Device Market opportunities and threats faced by the vendors in the global Anesthesia Device industry?
- What are sales, revenue, and price analysis by types and applications of Anesthesia Device Market?
- What are sales, revenue, and price analysis by regions of Anesthesia Device industry?
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Technology Advancements
- Merger and Acquisition
- Regulatory Scenario
- PORTER’S Five Forces
- PEST Analysis
- Market Dynamics
The anesthetic equipment market is predicted to grow as the number of surgical procedures increases:
One of the primary drivers of market expansion is the rising number of surgical procedures, which leads to a high demand for anesthetic devices. According to the Healthcare Cost and Utilization Project, 17.2 million patients went to the hospital (ambulatory or inpatient) for invasive and therapeutic procedures in 2014. In the United States, 57.8% of surgeries were conducted in a hospital-owned ambulatory surgery (AS) setting, whereas 42.2 percent were performed in hospital inpatient settings.
Furthermore, manufacturers are working on technologically improved medical equipment, which is fueling the growth of the anesthetic devices market. For example, Mindray Medical International Ltd. announced the A-Series Advantage Anesthetic Delivery platform in January 2019, which is a modular, cutting-edge family of anesthesia solutions that comprises the A4, A5, and A7 Advantage systems.
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Regional Analysis:
Regional segmentation of the global anesthesia device market comprises into Latin America, Europe, Asia Pacific, North America, Africa, and Middle East.
Because of the huge number of ambulatory surgery centers (ASCs) and hospital inpatient settings in this area, the North America anesthetic device market is predicted to account for the greatest market share. According to Becker’s ASC Review, there were 5,480 Medicare-certified ASCs and 5,564 registered hospitals in the United States in 2017.
Furthermore, producers and healthcare organizations in this region are focusing on raising awareness regarding anesthetic equipment used in various surgical operations among healthcare professionals and surgeons. The American Society of Anesthesiologists (ASA) and CAE Healthcare, for example, announced the Anesthesia SimSTAT interactive, screen-based simulation training product line in May 2018. SimSTAT – Appendectomy training is meant to prepare physician anesthesiologists to deal with difficult anesthetic situations in patients undergoing laparoscopic surgery for acute appendicitis.
The presence of prominent players in Europe, such as Medtronic plc, Getinge AB, and Draegerwerk AG & Co. KGaA, is projected to fuel anesthetic device market expansion. For example, in November 2012, Covidien, a division of Medtronic plc. that specializes in minimally invasive therapies, announced that the National Institute for Health and Clinical Excellence (NICE) in the United Kingdom had approved the use of its electroencephalography (EEG)-based monitor, the Bispectral Index (BIS) monitor, as a method of determining anesthesia depth.
Report Focus:
- Extensive product offerings
- Customer research services
- Robust research methodology
- Comprehensive reports
- Latest technological developments
- Value chain analysis
- Potential Anesthesia Device Market opportunities
- Growth dynamics
- Quality assurance
- Post-sales support
- Regular report updates
Reasons to Purchase this Report:
- Comprehensive analysis of the Anesthesia Device Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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