Press Release

Anesthesia Devices Market to Witness Robust Growth in Coming Years

Increasing number of surgeries around the globe and current outbreak of COVID-19 to drive global anesthesia devices market

According to TechSci Research report, Global Anesthesia Devices Market By Product (DRAM, NAND, NOR, Flash, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (Infotainment & Connectivity, ADAS, Others), By Region, Competition, Forecast & Opportunities, 2025, the market is expected to witness a significant CAGR until 2025. Major factors for the growth of anesthesia devices include increasing prevalence of chronic diseases around the world, coupled with rising number of surgeries, which is ultimately resulting in increasing demand for anesthesia devices from hospitals and clinics. Surgical procedures such as orthopedics, cardiology, and neurology are increasing, globally, at an alarming rate due to high prevalence of these medical conditions. Anesthesia plays a key role, since every patient that undergoes surgery is anesthetized to manage the pain during the surgery. Moreover, the rising demand for disposable anesthesia devices is anticipated to further boost the growth of the anesthesia devices market.

Additionally, growing geriatric population, which is highly prone to degenerative diseases and chronic illnesses is expected to fuel the demand for anesthesia devices for surgeries. Also, increasing investment in healthcare sector and technological advancements in anesthesia devices and techniques is expected to propel the growth of anesthesia devices in the coming years.

However, the global anesthesia devices market might face some hindrance in its growth.  Manufacturers are required to show the government, clear documentation of regular and appropriate servicing of the anesthesia machines, including their components, their proper maintenance, servicing, and repair. This might act as a barrier for the overall growth of anesthesia devices market. Adding to this, the high cost of anesthesia devices is another factor hampering the growth of global market.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Global Anesthesia Devices Market"

The global anesthesia devices market is segmented based on product, type, application, device, end-user, and region. Based on product, the market is segmented into anesthesia ventilators, anesthesia monitors, anesthesia machine, vaporizers, anesthesia delivery system or workstation, flowmeters (mechanical, electrical and hybrid), breathing system, absorption system, gas analyzer, laryngeal mask airway (lma) and anesthesia disposables. Among these, anesthesia monitors are projected to dominate the market in the coming years as they are widely used to record and display the delivery of anesthetic substances such as gases, drugs, and fluids to the patient. During surgeries, anesthesia monitors are used to check the patient’s health and reaction to the indication of anesthesia.

Based on end-user, the global anesthesia devices market is segmented into hospitals, diagnostic centers and others. Here, the hospital segment dominates the market owing to the rising number of surgeries being conducted there.

GE Healthcare, Becton Dickinson, Teleflex, Ambu, Draeger, Baxter, Medion Healthcare, Medisize, ICU Medical, B. Braun, Mindray, Smiths Medical, Koninklijke Philips, Masimo, OSI Systems, Medtronic, Ontex Medical Devices Manufacturing Private Limited, Getinge, Cardinal Health and DESCO Medical India are some of the leading players operating in global anesthesia devices market. The anesthesia devices manufacturers are increasingly focusing on incorporating latest technologies in anesthesia devices to minimize the wastage of anesthetic gases, improve the precision and effectiveness of anesthesia delivery, and ensure patient safety.

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“Adoption of anaesthesia information management system (AIMS) has led to tremendous growth in anesthesia devices market. It has provided a more efficient electronic solution in place of paper-based record. However, anesthesia devices manufacturing companies need to focus on adopting innovative marketing strategies for increasing their market penetration as the market is highly fragmented. With increased awareness and safety concerns related to usage of anesthesia, manufacturers need to ensure quality assurance of their devices”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Anesthesia Devices Market By Product (DRAM, NAND, NOR, Flash, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (Infotainment & Connectivity, ADAS, Others), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global anesthesia devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global anesthesia devices market.


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