Global Anesthesia Monitoring Devices Market
Medical Equipment

Anesthesia Monitoring Devices Market Forecast 2023-2027 By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s anesthesia monitoring devices market report forecasts the anesthesia monitoring devices market size to grow to $3.29 Billion by 2027, with a CAGR (compound annual growth rate) of -7.2%.

Learn More On The Anesthesia Monitoring Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/anesthesia-monitoring-devices-global-market-report

Anesthesia Monitoring Devices Market Size Forecast
The global anesthesia monitoring devices market is expected to grow from $4.02 billion in 2022 to $4.45 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The anesthesia monitoring devices market is expected to decline to $3.29 billion in 2027 at a CAGR of -7.2%.

North America held the largest anesthesia monitoring devices market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Anesthesia Monitoring Devices Market Driver ­– Increase In The Number Of Surgeries Globally
For instance, according to a study by British Journal of anesthesia, published in March 2021, the total number of surgical procedures carried out in England and Wales in 2020 was 3,102,674. Most of the surgical procedures are cesarean section, neurosurgical procedures, intra-abdominal procedures, and orthopedic procedures. Also, there is an increase in the number of patients undergoing surgeries at ambulatory surgery centers. Therefore, the increasing number of surgeries will drive the anesthesia monitoring devices market.

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Key Anesthesia Monitoring Devices Market Trend – Technological Advancement
Many companies are launching new, technologically advanced products in the anesthesia monitoring devices industry. For example, in October 2020, Mindray, a company that manufactures medical equipment including anesthesia monitoring devices, announced the launch of brand new A9 and A8 anesthesia systems. These new anesthesia systems will help anesthesiologists and clinicians to maintain patient safety by using High Flow Nasal Cannula oxygen (HFNC) that extends the safe apnoeic time and also incorporates Automatic Controlled anesthesia (ACA) an assistive technology that automatically adjusts fresh gas and vaporizer output.

Anesthesia Monitoring Devices Market Segment
1) By Product: Advanced Anaesthesia Monitors, Basic Anesthesia Monitors, Integrated Anesthesia Workstation
2) By Application: Cardiology, Neurology, Dental, Ophthalmology, Urology, Orthopedics, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Clinics, Nursing Homes

Anesthesia Monitoring Devices Market Major Players and Strategies
Major players in the anesthesia monitoring devices market are Baxter International Inc., Cardinal Health, Draegerwerk AG & Co. KGaA, GE Healthcare, Heyer Medical AG, Intersurgical Limited, Medtronic Inc., Mindray Medical International Limited, Nihon Kohden Corporation, Philips Healthcare, Smiths Medical Inc., Infinium Medical, Fukuda Denshi Co. Ltd., Becton Dickinson and Company, Ambu S/A, Teleflex Incorporated, Ventlab, ACOMA Medical Industry Co., BPL Medical Technologies, Dixion GmbH, Löwenstein Medical GmbH & Co. KG, Medasense Biometrics Ltd., Veterinary anesthesia Systems Inc., CNSystems Medizintechnik GmbH, Allied Medical Limited, and Criticare Technologies Inc.

In March 2020, AEONMED Group, a China-based company, completed acquisition of Heyer Medical AG for an undisclosed amount. The acquisition had taken place during the restructuring of Heyer Medical AG and will acquire Heyer’s anesthesia machines and medical ventilators product portfolio. Heyer Medical AG is a Germany-based medical device manufacturing company that mainly focuses on anesthesia machines and medical ventilators.

The Anesthesia Monitoring Devices Global Market Report 2023 covers regional data on anesthesia monitoring devices market size, anesthesia monitoring devices market trends and drivers, opportunities, strategies, and anesthesia monitoring devices market competitor analysis. The countries covered in the anesthesia monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Anesthesia monitoring devices are the instruments that are used to assess a patient’s response towards anesthetic drugs during a surgical procedure. They help the anesthetist to monitor and display the dose of anesthetic drugs used on the patient.

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