Inhalational anesthetics are also referred to as the volatile anesthetic agents that are utilized to induce and maintain sedation and general anesthesia. They are administered through inhalation, particularly within patients where anesthetics administration through intravenous and other routes isn’t feasible. Most commonly used inhalational anesthetics in practice currently are nitrous oxide, sevoflurane, and desflurane. Sevoflurane has fast action onset and rapid recovery rates. Inhalational anesthetics result in a reduction of arterial blood pressure, cerebral metabolic demand, an increase within cerebral blood flow, along with respiratory depression. Most frequent side effect of the products for inhalation anesthesia is nausea. The Halogenated anesthesia could induce hepatotoxicity, which is dose dependent.
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Global Inhalation Anesthesia Market – Dynamics
Rising number of surgeries globally is amongst the key factors expected to drive the global inhalation anesthesia market growth over the forecast period. For instance, as per the 2012 statistics from World Bank, over 4.5% people underwent surgeries globally. Moreover, as per the 2015 report by Lancet Commission for Global Surgery, every year unmet surgical requirements of over 143 million were registered worldwide.
Moreover, rising geriatric population is also expected to drive growth of the global inhalation anesthesia market over the forecast period. Mostly administration of anesthesia via intravenous routes is inconvenient in geriatric patients, owing to punctured blood vessels along with patient’s compliance issues. Hence, inhalation anesthesia could be handy for such cases. As per the United Nations’ report: World Population Prospect-The 2017 Revision, the global geriatric population aged 60 years and above is projected to rise from 962 Mn in 2017 (13% of global populace) to 1.3 Bn till 2030, reaching to 2.1 Bn till 2050. Further the report claimed that the geriatric population (people aged 60 years and above) is expected to rise at 3% annual rate, till 2050, in nearly every region except Africa which will have over 25% population of age over 60 years. Raised accidental deaths and trauma globally is expected to propel the global inhalation anesthesia market growth.
Global Inhalation Anesthesia Market – Regional Insights
Based on region, the global inhalation anesthesia market is segregated in North America, Europe, Latin America, Asia Pacific, Africa and Middle East. North America is expected to gain the highest share in the global inhalation anesthesia market during the forecast period, due to rising investments within the U.S. healthcare sector. As per the 2016 data by Organization for Economic Co-operation and Development, the U.S. accounts for around US$ 10,000 /capita expenditure in the sector of healthcare. Moreover, rising hospital admissions along with subsequent demand for surgery, increasing geriatric population, along with high prevalence of trauma are other significant factors driving the global inhalation anesthesia market growth within North America. As per the 2018 report by the American Hospital Association, in 2017 hospital admissions of over 35,158,934 were registered in 2017. Furthermore, as per the National Trauma Institute report in 2015, trauma accounts for the most deaths in people ages 1-46 years and financial burden induced by trauma cases have annually raised to US$ 671 Bn, in the U.S., comprising healthcare and loss of productivity expenses.
Asia Pacific region is expected to robust growth rate in the global inhalation anesthesia market owing to rising number of road accidents and trauma. As per the 2016 report published by World Health Organization (WHO): Road Safety in the South East Asia Region, road traffic injuries result in around 316 000 annual deaths, within south East Asia region.
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Global Inhalation Anesthesia Market – Competitive Landscape
Major players functioning in the global inhalation anesthesia market are, Baxter International, Inc., AbbVie, Inc., Mylan NV, Halocarbon Products Corporation, Hikma Pharmaceuticals, Maruishi Pharmaceuticals Co. Ltd., Piramal Healthcare, Lunan Pharmaceuticals, Troikaa Pharmaceuticals Ltd., Jiangsu Hengrui Medicine Co., Ltd., and Neon Laboratories Ltd.
Global Inhalation Anesthesia Market – Market Taxonomy
Based on drug type,
Based on end users,
Ambulatory Surgical Centers
Based on geography,
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Inhalation Anesthesia Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Inhalation Anesthesia Industry Impact
Chapter 2 Global Inhalation Anesthesia Competition by Types, Applications, and Top Regions and Countries
2.1 Global Inhalation Anesthesia (Volume and Value) by Type
2.3 Global Inhalation Anesthesia (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Inhalation Anesthesia Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Inhalation Anesthesia Market Analysis
Chapter 6 East Asia Inhalation Anesthesia Market Analysis
Chapter 7 Europe Inhalation Anesthesia Market Analysis
Chapter 8 South Asia Inhalation Anesthesia Market Analysis
Chapter 9 Southeast Asia Inhalation Anesthesia Market Analysis
Chapter 10 Middle East Inhalation Anesthesia Market Analysis
Chapter 11 Africa Inhalation Anesthesia Market Analysis
Chapter 12 Oceania Inhalation Anesthesia Market Analysis
Chapter 13 South America Inhalation Anesthesia Market Analysis
Chapter 14 Company Profiles and Key Figures in Inhalation Anesthesia Business
Chapter 15 Global Inhalation Anesthesia Market Forecast (2021-2027)
Chapter 16 Conclusions
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