Description
Global Anaesthesia Machines Market is expected to grow at CAGR of 8% during the forecast period 2022 to 2028 owing to the increase in prevalence of the diseases and accidents leading to the rise surgical treatment. The growth of surgeries is attributed to growth of global anaesthesia market. According to World Health Organization (WHO), there were about 266.2 to 359.5 Mn surgeries were performed in the year 2012, and it is 38% increase compared to previous 8 years. Companies operating in global anaesthesia market are adopting the acquisition strategies to grow it market presence and strengthen its position. For instance, in March 2011 Royal Philips Electronics has acquired a global provider of anesthesia machines, Dameca, to expand its anaesthesia portfolio. Furthermore, market is witnessing market developments and new product launches with advanced features by the companies. Anaesthesia refers to the practice of controlling the pain during the surgery using anaesthetics. Anesthesia also provides control in 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 anaesthesia includes preparation of the gas mixture of precisely known, but variable composition. Other functions include providing oxygen, enabling the patient ventilation and minimising the anesthesia-related risk for patient as well as staff. The mixture of gas can be delivered to breathing system. Anaesthesia machines evolved from the simple pneumatic devices to more sophisticated, computerized machines. The development led to the need for safety and user convenience. The ageing population will almost certainly result in a large increase in the need for procedures. Because anaesthetic devices are used in surgical operations to relieve pain, the general growth in the number of surgeries conducted has a significant impact on the anaesthesia 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 Anaesthesia Machines Market forward.