Anesthesia Monitoring Devices Market Forecast 2023-2032: Size, Key Players And Segments
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
North America held the largest anesthesia monitoring devices market share, and Asia-Pacific was the fastest-growing region in 2022.
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 anesthesia monitoring devices market is expected to decline to $3.29 billion in 2027 at a CAGR of -7.2%.
Major Driver In The Anesthesia Monitoring Devices Market – Increase In The Number Of Surgeries Globally
According to a report published in the British Journal of Anaesthesia in March 2021, the total number of surgical procedures performed in England and Wales in 2020 was 3,102,674. Caesarean section, neurosurgery treatments, intra-abdominal surgeries, and orthopaedic procedures account for the majority of surgical procedures. In addition, the number of patients getting surgery at ambulatory surgical centres is increasing. As a result, the growing number of surgeries will fuel the anaesthesia monitoring devices market.
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Key Anesthesia Monitoring Devices Market Segments
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
Recent Anesthesia Monitoring Devices Market Trend – Technological Advancement
In the anaesthesia monitoring devices sector, many companies are developing new, technologically improved products. Mindray, a manufacturer of medical equipment including anaesthesia monitoring devices, announced the debut of brand new A9 and A8 anaesthesia systems in October 2020. These new anaesthesia systems will assist anesthesiologists and clinicians in maintaining patient safety by incorporating High Flow Nasal Cannula oxygen (HFNC), which extends the safe apnoeic time, as well as Automatic Controlled anaesthesia (ACA), which automatically adjusts fresh gas and vaporizer output.
Anesthesia Monitoring Devices Market Prominent Players
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.
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The Anesthesia Monitoring Devices Global Market Report 2023 provides a comprehensive overview on the anesthesia monitoring devices market size, trends and drivers, opportunities, strategies, and companies 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.
Anaesthesia monitoring devices are equipment used to evaluate a patient’s reaction to anaesthetic medicines during a surgical treatment. They assist the anaesthetist in monitoring and displaying the dose of anaesthetic medicines administered to the patient.
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