Anaesthesia Machines Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology (Continuous, Intermittent), By Product (Standalone Anaesthesia Machines, Portable Anaesthesia Machines), By End User (Hospitals, Ambulatory Surgical Centres and Others), Region Forecast 2019-2030

Anaesthesia Machines Market size was valued at US$ X million in 2023 and grew at a CAGR of 8% from 2024 to 2030 owing to the increase in prevalence of the diseases and accidents leading to the rise in surgical treatment. The growth of surgeries is attributed to the growth of the global anesthesia market. According to the World Health Organization (WHO), there were about 266.2 to 359.5 Mn surgeries were performed in the year 2012, which is a 38% increase compared to the previous 8 years. Companies operating in the global anesthesia market are adopting acquisition strategies to grow their market presence and strengthen their position. For instance, in March 2011 Royal Philips Electronics acquired a global provider of anesthesia machines, Dameca, to expand its anesthesia portfolio.

Furthermore, the market is witnessing market developments and new product launches with advanced features by the companies. Anesthesia refers to the practice of controlling the pain during the surgery using anesthetics. Anesthesia also provides control of breathing, blood flow, blood pressure heart rate, and heart rhythms. Anaesthesia machines support the administration of the anesthetics into the body. The basic function of the anesthesia includes preparation of the gas mixture of precisely known, but variable composition. Other functions include providing oxygen, enabling patient ventilation, and minimizing the anesthesia-related risk for patients as well as staff. The mixture of gas can be delivered to the breathing system.

The Anaesthesia machines evolved from simple pneumatic devices to more sophisticated, computerized machines. The development led to the need for safety and user convenience. The aging population will almost certainly result in a large increase in the need for procedures. Because anesthetic devices are used in surgical operations to relieve pain, the general growth in the number of surgeries conducted has a significant impact on the anesthesia devices industry. The senior population is more susceptible to degenerative diseases and chronic illnesses, resulting in a higher demand for procedures and treatments. This necessitates continual monitoring, which is projected to propel the market forward.