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What Are the Primary Drivers Supporting the Market Growth of theInhalation Anesthesia Market?

The increasing geriatric population is expected to drive the demand for inhalation anesthesia in the forecast period. Older adults are more susceptible to chronic diseases and surgeries, making inhalation anesthesia a preferred method due to its ease of administration. The World Health Organization (WHO) reports that the global population of individuals over 60 years old will reach 1.4 billion by 2022. As the geriatric population rises, so will the demand for inhalation anesthesia.

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#What Long-Term Growth Rate is Expected for theInhalation Anesthesia Market Between 2025 and 2034?

The inhalation anesthesia market has experienced steady growth in recent years. It will increase from $1.54 billion in 2024 to $1.65 billion in 2025, at a compound annual growth rate (CAGR) of 6.9%. The growth is due to the rising number of surgical procedures requiring anesthesia, the aging population, advancements in inhalation anesthetics, the expansion of ambulatory surgical centers, and the growing prevalence of chronic diseases like heart disease and cancer.

The inhalation anesthesia market is projected to grow steadily, reaching $2.34 billion by 2029 at a CAGR of 9.1%. Growth factors include the demand for minimally invasive surgeries, rising global healthcare spending, increasing surgical procedures in emerging markets, and veterinary applications. Trends include innovations in delivery systems, pediatric anesthesia devices, a shift to eco-friendly agents, and integration with monitoring technologies.

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What Are the Latest Innovations Influencing theInhalation Anesthesia Market?

Companies in the inhalation anesthesia market are developing innovative products like Sedaconda to meet industry demands. Sedaconda is an inhaled sedation therapy approved for intensive care settings. In February 2022, Sedana Medical AB, a Swedish med tech company, introduced Sedaconda (isoflurane) to the German market. This therapy is delivered using the Anaesthetic Conserving Device (ACD) and is the only approved inhaled sedation therapy for intensive care. Since receiving European approval in July 2021, it has been authorized for use in 14 countries.

Who Are the Major Industry Players Accelerating Growth in theInhalation Anesthesia Market?

Major companies operating in the inhalation anesthesia market include Abbvie Inc., Baxter International Inc., Fresenius SE & Co. KGaA, Halocarbon Products Corporation, Hikma Pharmaceuticals PLC, B. Braun Melsungen AG, Lunan Pharmaceutical Group Co. Ltd., Maruishi Pharmaceutical Co. Ltd., Mylan N. V., Piramal Enterprises Ltd., Recipharm AB, Sandoz International GmbH, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Wockhardt Ltd., AstraZeneca PLC, C. H. Boehringer Sohn AG & Co. KG, Bristol-Myers Squibb Company, Eisai Co. Ltd., GlaxoSmithKline PLC, Johnson & Johnson Inc., Merck & Co. Inc., Novartis AG, Pfizer Inc., F. Hoffmann-La Roche AG, Sanofi S. A., Takeda Pharmaceutical Company Limited, Teijin Pharma Limited, UCB S. A., Zydus Lifesciences Limited

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Which Primary Segments of the Inhalation Anesthesia Market Are Driving Growth and Industry Transformations?

The inhalation anesthesia market covered in this report is segmented –

1) By Product: Sevoflurane, Desflurane, Isoflurane, Nitrous Oxide

2) By Application: Induction, Maintenance

3) By End User: Hospitals, Ambulatory Surgical Centers

Subsegments:

1) By Sevoflurane: Liquid Form, Gas Form

2) By Desflurane: Liquid Form, Gas Form

3) By Isoflurane: Liquid Form, Gas Form

4) By Nitrous Oxide: Medical-Grade Nitrous Oxide, Industrial-Grade Nitrous Oxide

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theInhalation Anesthesia Market?# Market?

North America was the largest region in the inhalation anesthesia market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the inhalation anesthesia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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