Anaesthesia Machines Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Anaesthesia Machines Market: By Technology (Continuous, Intermittent), By Product (Standalone Anaesthesia Machines, Portable Anaesthesia Machines), By End User (Hospitals, Ambulatory Surgical Centres and Others)  By Geography

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Report

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.

Anaesthesia Machines Market

MARKET SUMMARY
-
8% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 8%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Anaesthesia Machines Market

  • The report on global Anaesthesia Machines Market gives historical, current, and future market sizes (US$ Mn) on the basis of type of technology, product, end user and geography.
  • Anaesthesia Machines Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • GE Healthcare (U.K.)
  • Spacelabs Healthcare (U.S.)
  • Aeonmed (China)
  • Drägerwerk AG (Germany)
  • Oricare Inc. (U.S.)
Anaesthesia Machines Market Dynamics

Global anesthesia machines market is primarily driven by technological advancements in machine owing to the patient safety and user convenience. In addition, growth in disease prevalence and surgeries that require anesthesia coupled with the adaptation of the anesthesia information management system that has changed the paper-based practices to digitalized machines expected to bolster the anesthesia machines market over the forecast period. Furthermore, continuous development in healthcare industry worldwide and rise in government funding for healthcare infrastructure. However, high cost of anesthesia machines and unfavorable reimbursement policies are expected to hamper the market growth over the forecast period.


North-America Got Significant Share

Anaesthesia Machines Market

Geographically, anaesthesia machines market is divided into five key regions, i.e. North America, Europe, Asia- Pacific, Latin America, and The Middle East & Africa. North America anaesthesia machines market is expected to grow at significant rates owing to the developed healthcare infrastructure, technological advancements and adaptation of digital monitoring and management systems. Furthermore, growing prevalence of the diseases that require surgeries and aging population also expected to drive the North America anesthesia machines market. Middle East and Africa anesthesia machines market expected to have notable growth rate owing to the presence of a large patient pool and growing number surgeries for the treatment of various diseases. Asia Pacific anesthesia machines market is expected to have lucrative growth opportunities owing to developing healthcare infrastructure in developing countries such as India and China coupled with the technological advancements in anesthesia machines providing high patient safety and convenience for the users.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 


Anaesthesia Machines Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The anesthesia machines market is projected to expand at a CAGR of 8% during the forecast period

 

GE Healthcare (U.K.), Spacelabs Healthcare (U.S.), Aeonmed (China), Drägerwerk AG (Germany), Oricare Inc. (U.S.)

North America is the fastest-growing region for the anesthesia machines market


Report

Table Of Content


Report

Company Profile

  • GE Healthcare (U.K.)
  • Spacelabs Healthcare (U.S.)
  • Aeonmed (China)
  • Drägerwerk AG (Germany)
  • Oricare Inc. (U.S.)
  • Heyer Medical AG (Germany)
  • Koninklijke Philips N.V. (Netherlands)
  • Supera Anaesthesia Innovations (U.S.)
  • Getinge AB (Sweden)
  • Becton, Dickinson and Company (U.S.)

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.

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