The global anesthesia machine market size was significantly large in 2022, and is expected to continue to register a rapidly inclining revenue CAGR between 2023 and 2032. Key factors responsible for driving market revenue growth are the increasing number of minimally invasive surgical procedures and rising critical operations worldwide.
Anesthesia machines are used by anesthesiologists to administer anesthesia to patients, thereby allowing them to have a pain-free experience throughout various medical procedures. The continuous-flow anesthesia machine, which offers a steady flow of air with a regulated supply of gas, is the most often used anesthesia equipment. Monitors and touchscreen displays on modern anesthesia machines that provide data on heart rate and oxygen saturation levels. Anesthesia machines are used in nursing homes and ambulatory units. They are also considered to be an important feature of the hospital care system. The safety of patients is considerably enhanced by modern anesthesia machines. These machines have undergone constant technological evolution over time. Contemporary pneumatic systems, in contrast to traditional pneumatic systems, are more advanced, fully integrated, and computer-based.
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Major Factors Driving Growth Of The Global Anesthesia Machine Market:
Revenue growth of the global market for anesthesia machines is being driven by the increasing number of surgical procedures. Anesthesia machines are considered to be the crucial pieces of surgical equipment for ensuring that patients are not in discomfort during the procedure. Additionally, the use of anesthesia machines has increased as the number of chronic ailments, such as cataracts, mental disorders, muscle repair, mouth problems, and stomach concerns that necessitate surgery has increased.
Factors Restraining Growth Of The Global Anesthesia Machine Market:
The global anesthesia machine market growth is substantially hampered by several unfavorable factors. The high risk of contamination caused by the use of anesthesia machines during surgical procedures is one of the major factors responsible for hampering the market growth. Also, the use of anesthesia machines in various surgeries would increase the risk of bacterial infections. Microorganisms frequently infect these anesthesia machines. Bacteria from the exterior section of these machines can be transported from the equipment to the anesthesia and then to the patient, thereby causing an infection.
Opportunities For Players Operating In The Global Anesthesia Machine Market:
The sales of anesthesia machines are anticipated to increase rapidly in the upcoming years because of the rising number of minimally invasive surgeries worldwide. This is mainly happening as a result of the surging global population. Most anesthesia machine manufacturers are working persistently to raise their medical technology standards in the field of anesthesia. The global anesthesia machine market is benefiting from the growing demand for more efficient and safer medical case support systems, as well as the development of improved anesthesia supply systems.
Global Anesthesia Machine Market Revenue Led By Type Segment:
Based on type, the anesthesia machine market is segmented into continuous anesthesia machines, intermittent anesthesia machines, and others. The continuous anesthesia machines segment is expected to remain at the forefront, owing to the rising usage of continuous computer-controlled anesthesia machines in hospitals and clinics. These help in reducing pain of patients during surgical procedures. They also contain numerous features, such as alerts in the events of backup required to switch the defective pipeline or cylinder and an emergency.
Global Anesthesia Machine Market Leading End-Use Segment:
Based on end-use, the anesthesia machine market is segmented into hospitals, ambulatory surgical centers, clinics, and nursing facilities. Amongst these, the hospitals segment is likely to generate the highest revenue share in the forthcoming years. Rising preference of people to visit hospitals, owing to their possession of every vital medical equipment is expected to aid growth of this segment.
North America Accounts For Largest Revenue Share In Global Anesthesia Machine Market:
Among regional markets, North America emerged as the largest anesthesia machine market in 2020, with the highest revenue share. Revenue growth in the North America market is mainly attributed to the widespread use of modern medical care technologies and devices, such as anesthetic machines. The anesthesia machine market in North America is expected to grow at a stable CAGR throughout the forecast period. The Europe market, on the other hand, is majorly dominated by Germany, France, and the U.K. Italy, Spain, and Poland are also expected to showcase a sizable market share in the near future because of the presence of a well-established medical device industry in these countries.
Asia Pacific Continues To Lead In Terms Of Revenue CAGR:
The Asia Pacific anesthesia machine market is expected to register the fastest CAGR over the forecast period. Ongoing research activities in developing countries, including India, China, Malaysia, and Indonesia, are expected to drive growth. Also, increasing government investments in the healthcare sector would contribute to growth. The market is predicted to rise significantly in Asia Pacific excluding Japan (APEJ), owing to rising disposable income and increasing awareness of healthcare, especially in India and China. The Middle East and Africa is anticipated to grow, owing to high expenditure on healthcare and rising development of large hospital complexes in the region.
Major Companies Profiled In The Report:
- DRE Medical
- Spacelabs Healthcare
- Dragerwerk AG
- Midmark Corporation
- Shenzhen Comen Medical Instruments Co. Ltd
- Heyer Medical AG
- Dameca A/S
- Infinium Medical Inc.
- Koninklijke Philips N.V
- General Electric Company.
- Philips Healthcare
Strategies And Objectives Of Major Companies:
- Mindray, a global leader in the development of innovative healthcare technology based in China recently hosted a virtual launch event to introduce its brand new A9 and A8 anesthesia systems, which are now available in Europe and other selected regions. This marks Mindray\’s entry as a key player in the high-end anesthesia machine market.
- In 2019 GE Healthcare, in communication with the FDA and regulatory agencies worldwide, developed information that can be shared with clinicians regarding the off-label use of anesthesia machines for Intensive Care Unit (ICU) ventilation. More than 100,000 GE Healthcare anesthesia machines are currently installed in healthcare facilities worldwide.
What Our Report Provides And Why Our Offering Is Better:
This report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2023 to 2032. The global market report includes industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and market share contribution by each regional and country market. In addition, the report offers industry analysis and competitive landscape, company financials, and impact analysis. The report includes a detailed view of the global market, along with changing dynamics and trends, scenarios, detailed market and regional segmentation, regional landscape, analysis and evaluation, major investments, product offerings, product launches, and details of historical, current, and projected revenues.
Detailed Segmentation In Our Report:
For the purpose of this report, global anesthesia machine market is segmented on the basis of type, subject, components, end-use, and region:
Type Outlook (Revenue, USD Billion; 2023-2032)
- Continuous anesthesia machines
- Intermittent anesthesia machines
Subject Outlook (Revenue, USD Billion; 2023-2032)
Components Outlook (Revenue, USD Billion; 2023-2032)
End-use Outlook (Revenue, USD Billion; 2023-2032)
- Ambulatory Surgical Centre’s
- Nursing Facilities
Region Outlook (Revenue, USD Billion; 2023-2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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