PUBLISHER: Value Market Research | PRODUCT CODE: 1264119
PUBLISHER: Value Market Research | PRODUCT CODE: 1264119
The global demand for Anaesthesia Machines Market is presumed to reach the market size of nearly USD 10.99 BN by 2030 from USD 5.59 BN in 2022 with a CAGR of 8.82% under the study period 2022 - 2030.
Anesthesia refers to a fleeting loss of sensation that leads to loss of pain or unconsciousness. It works by suppressing nervous system activity resulting in unconsciousness. Anesthesia machines are designed to provide continuous supply of medical gases. They come with an electronic sensor, responsible for showing when oxygen pressure is up to 38 psi. It is generally mounted upon antistatic wheels for easy and quick transportation. The machines are widely used in hospitals, ambulatory surgical centers, specialty clinics and others. Anesthesia machines assist medical personnel in the administration of anesthetic drug. With the help of these machines, mild inhalation sedation is provided to patients combined with oxygen and nitrous oxide so that they stay in a conscious state.
There are several factors driving the Anesthesia Machines Market including technological advancement, aging population, and increasing prevalence of chronic diseases. Further, medical tourism, rising health care expenditure, and increase in minimal invasive surgeries are some other factors propelling the global anesthesia machines market. However, lack of skilled and trained anesthesiologists is expected to somewhat derail the market growth. Nonetheless, novel innovations in the market including integration of patient monitoring devices, ventilators and suction units is likely to bring new opportunities for market players. Moreover, growing demand for anesthesia workstations, rising sales of anesthesia monitors, and continuous development of short-acting anesthetics are driving growth within the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of anaesthesia machines. The growth and trends of anaesthesia machines industry provide a holistic approach to this study.
This section of the anaesthesia machines market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Anaesthesia Machines market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the anaesthesia machines market include Cardinal Health Inc, Dragerwerk AG & Co. KGaA, Fisher &Paykel Healthcare Limited, General Electric Company, HEYER Medical AG, Koninklijke Philips N.V., Mindray DS USA Inc, Smiths Group Plc., Teleflex Incorporated, and Vyaire Medical Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies