Anesthesia Devices Market Shares & Forecast by 2024 – Market Size, Type, Manufacturers, Application, Industry Analysis by Geographical Regions

Anesthesia Devices

The report focuses on the favorable Global “Anesthesia Devices market” and its expanding nature. The Anesthesia Devices market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The anesthesia devices market was valued at USD 9,812.9 million in 2018, and it is expected to reach USD 14,783.0 million by 2024, with an anticipated CAGR of 7.11%, during the forecast period, 2019-2024.
  • The growth in the geriatric population is likely to result in a significant increase in the demand for the surgeries. The overall increase in the number of surgeries performed has a strong impact on the anesthesia devices market, as anesthetic devices are used in surgical procedures to reduce the pain. The geriatric population is highly prone to degenerative diseases and chronic illnesses, which has caused an increased verge on surgeries and therapeutics. This demands for continuous monitoring, and it is thus expected to drive the growth of the anesthesia devices market. Increasing investments in the market, supporting the technological advancements in anesthesia machines and techniques, are having a major impact on market growth, enabling faster deployment in the healthcare industry.
  • The requirement by the government, for clear documentation of regular and appropriate servicing of the anesthesia machines, including its components, and their proper maintenance, servicing, and repair, is acting as a restraining factor for the growth of the market.

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    Key Manufacturers

  • B. Braun Melsungen AG
  • Medtronic PLC
  • Draegerwerk AG
  • Ambu A/S
  • Fisher & Paykel Healthcare
  • GE Healthcare
  • Koninklijke Philips NV
  • Mindray Medical International Limited
  • Smiths Medical
  • Teleflex Inc.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Anesthesia Devices market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Anesthesia Devices market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Anesthesia Devices market have also been involved in the study.

    Scope of the Report:

  • As per the scope of this study, anesthesia devices are used to check a patient’s response toward anesthesia during a surgical process. The requirement of these devices depends upon the type of surgery being performed, and it differs in every case. These devices help the anesthetist to monitor the dose of anesthesia.

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    TOC of Anesthesia Devices Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Anesthesia Devices market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Anesthesia Devices Market Report Covered:

    • The report analyses how Anesthesia Devices market will grow in the future.
    • Analyzing various perspectives of the Anesthesia Devices market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Anesthesia Devices market shares and policies employed by the major market players.
    • Competitive landscape including the Anesthesia Devices market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Anesthesia Devices market players

    Key Market Trends:

    Anesthesia Monitors Sub-segment is Expected to Register a High CAGR in the Forecast Period

    Anesthesia monitors are used to recording and display the delivery of anesthetic substances, like gases, drugs, and fluids to the patient. During surgeries, these are used to check the patients’ health and reaction to the indication of anesthesia. The integration of various functionalities, such as oxygen saturation level, carbon dioxide level, heart rate, and blood pressure, coupled with decision support systems and data analysis to aid clinicians to get better insights on their patients, is favoring the market growth.

    The geriatric population is expected to reach 1,402.4 million by 2030, with the increasing life expectancy to 78.74 years (the United States). This is expected to have an indirect impact on the demand for anesthesia monitors.

    North America Dominates the Market and Expected to do Same in the Forecast Period

    North America is expected to dominate the overall market throughout the forecast period. In the North American region, the holds the largest market share, and this is due to the rapid increase in a number of diseases, such as obesity, cardiovascular problems, and different types of cancers, which have contributed to the rise in the number of surgeries of both open as well as minimally invasive types. The increase in the number of minimally invasive surgeries for chronic diseases has helped the growth of the anesthesia devices market in the country.

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    Study objectives of Anesthesia Devices Market Report:

    • To provide a detailed analysis of the market structure along with the Anesthesia Devices market forecast of various segments and sub-segments of the Anesthesia Devices market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Anesthesia Devices market trends that influence the global Anesthesia Devices market

    Detailed TOC of Anesthesia Devices Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Technological Advancements in Anesthesia Technology
    4.2.2 Increasing Geriatric Population and a Rise in the Number of Surgical Procedures Requiring Anesthesia
    4.2.3 Large Patient Pool Due to Chronic Diseases
    4.2.4 Increasing Disposable Incomes in Emerging Markets
    4.3 Market Restraints
    4.3.1 High Cost of Equipment
    4.3.2 Difficulties Associated with the Usage of Anesthesia Devices
    4.3.3 Reimbursement Issues in Developing Economies
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Anesthesia Machines
    5.1.1.1 Anesthesia Workstation
    5.1.1.2 Anesthesia Delivery Machines
    5.1.1.2.1 Portable
    5.1.1.2.2 Standalone
    5.1.1.3 Anesthesia Ventilators
    5.1.1.4 Anesthesia Monitors
    5.2 By Disposables and Accessories
    5.2.1 Anesthesia Circuits (Breathing Circuits)
    5.2.2 Anesthesia Masks
    5.2.3 Endotracheal Tubes (ETTs)
    5.2.4 Laryngeal Mask Airways (LMAs)
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 B. Braun Melsungen AG
    6.1.2 Medtronic PLC
    6.1.3 Draegerwerk AG
    6.1.4 Ambu A/S
    6.1.5 Fisher & Paykel Healthcare
    6.1.6 GE Healthcare
    6.1.7 Koninklijke Philips NV
    6.1.8 Mindray Medical International Limited
    6.1.9 Smiths Medical
    6.1.10 Teleflex Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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