Inhalation Anesthesia Market: By Product Type, By Application Type, and Geography

Inhalation Anesthesia Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Sevoflurane, Desflurane, Isoflurane), By Application Type (Induction, Maintenance), and Region

Inhalation Anesthesia Market size was valued at US$ 1.43 billion in 2023 and is poised to grow at a CAGR of 4.94% from 2024-2030.  The rapid increase in the aging population with cancer, cardiovascular, spinal, orthopedic, respiratory, gastrointestinal, and other diseases and disorders is expected to drive the growth of the market. According to the WHO, cancer is one of the world's leading causes of morbidity and mortality, with nearly 18 million cases in 2019 alone, and is predicted to grow by around 70% over the next 20 years. Meanwhile, growing concern about the role of greenhouse gases such as sevoflurane, isoflurane, and desflurane in climate change could impede market growth. The Sevoflurane segment accounted for a share of sales of more than 70% in 2020 and the segment of induction was valued at about US$ 250 million in 2019 and will expect similar trends in growth over the coming years. This study analyses the global inhalation anesthesia market dynamics in a detailed manner to identify current trends and drivers, growth opportunities, and potential challenges to the key stakeholders in the operating market. 

Inhalation Anesthesia Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.9%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Inhalation Anesthesia Market Dynamics

Owing to the rise in number of surgeries being conducted, the market is projected to expand globally. The rapid increase in ageing population with cancer, respiratory, gastrointestinal, neurological diseases and disorders are expected to drive the growth of the market. The increasing number of orthopedic procedures also contributes to the growth of day care outpatient surgery, which is expected to boost the use of inhalation anesthesia. In addition, a growing number of emergency cases and accidents are also expected to have a positive effect on market growth over the forecast period.

Inhalation Anesthesia Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 1.43 billion

Market CAGR

4.9%

By Product Type

  • Sevoflurane
  • Isoflurane
  • Desflurane

By Application

  • Induction
  • Maintenance

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The inhalation anesthesia market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • 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 start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The inhalation anesthesia market size was valued at US$ 1.43 billion in 2023

Halocarbon products corporation, Hikima Pharmaceuticals PLC, Lunan Pharmaceutical group Co. Ltd., Piramal Enterprises Limited, Jiangsu Hengrui Medicine Co. Ltd., Fresenius Kabi AG, AbbVie Inc., Baxter

The inhalation anesthesia market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Inhalation Anesthesia Market Introduction
Global Inhalation Anesthesia Market Taxonomy
Global Inhalation Anesthesia Market Definitions
By Product
By Application
By Region
3. Global Inhalation Anesthesia Market Dynamics
Drivers
Restraints
Opportunities/Unmet Needs of the Market
Trends
Global Inhalation Anesthesia Market Dynamic Factors - Impact Analysis
Global Inhalation Anesthesia Market Competition Landscape
4. Global Inhalation Anesthesia Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%)
Market Opportunity Analysis
5. Global Inhalation Anesthesia Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Sevoflurane
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Isoflurane
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Global Inhalation Anesthesia Market 2019 - 2023 and Forecast 2024 - 2030
Desflurane
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
6. Global Inhalation Anesthesia Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Induction
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Maintenance
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
7. Global Inhalation Anesthesia Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
North America
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Europe
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Asia-Pacific
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Global Inhalation Anesthesia Market 2019 - 2023 and Forecast 2024 - 2030
Latin America
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Middle East and Africa
Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
Market Opportunity Analysis
Global Inhalation Anesthesia Market - Opportunity Analysis Index, By Product, By Application, and Region, 2024 - 2030
8. North America Inhalation Anesthesia Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
Sevoflurane
Isoflurane
Desflurane
Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
Induction
Maintenance
Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
USA
Canada
North America Inhalation Anesthesia Market - Opportunity Analysis Index, By Product, By Application, and Country, 2024 - 2030
North America Inhalation Anesthesia Market Dynamics Trends
Global Inhalation Anesthesia Market 2019 - 2023 and Forecast 2024 - 2030
9. Europe Inhalation Anesthesia Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
Sevoflurane
Isoflurane
Desflurane
Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
Induction
Maintenance
Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
Germany
UK
France
Spain
Italy
Rest of Europe
Europe Inhalation Anesthesia Market - Opportunity Analysis Index, By Product, By Application, and Country, 2024 - 2030
Europe Inhalation Anesthesia Market Dynamics Trends
10. Asia-Pacific Inhalation Anesthesia Market Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
Sevoflurane
Isoflurane
Desflurane
Global Inhalation Anesthesia Market 2018-2022 and Forecast 2024 - 2030
Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
Induction
Maintenance
Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
Japan
China
India
Australia & New Zealand
Rest of APAC
Asia-Pacific Inhalation Anesthesia Market - Opportunity Analysis Index, By Product, By Application, and Country, 2024 - 2030
Asia-Pacific Inhalation Anesthesia Market Dynamics Trends
11. Latin America Inhalation Anesthesia Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
Sevoflurane
Isoflurane
Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
Induction
Maintenance
Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
Brazil
Mexico
Argentina
Global Inhalation Anesthesia Market 2019 - 2023 and Forecast 2024 - 2030
Rest of Latin America
Latin America Inhalation Anesthesia Market - Opportunity Analysis Index, By Product, By Application, and Country, 2024 - 2030
Latin America Inhalation Anesthesia Market Dynamics Trends
12. Middle East and Africa Inhalation Anesthesia Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
Sevoflurane
Isoflurane
Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
Induction
Maintenance
Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
GCC Countries
Israel
South Africa
Turkey
Rest of MEA
MEA Inhalation Anesthesia Market - Opportunity Analysis Index, By Product, By Application, and Country, 2024 - 2030
MEA Inhalation Anesthesia Market Dynamics Trends
13. Competition Landscape
Strategic Dashboard of Top Market Players
Global Inhalation Anesthesia Market 2019 - 2023 and Forecast 2024 - 2030
Company Profiles (Introduction, Financial Analysis, Application & Application Offerings, Key Developments, Strategies, and SWOT Analysis)
Halocarbon Products Corporation
Hikima Pharmaceuticals PLC
Lunan Pharmaceutical Group Co. Ltd.
Piramal Enterprises Limited
Jiangsu Hengrui Medicine Co. Ltd.
Fresenius Kabi AG
Abbvie Inc.
Baxter
14. Research Methodology
15. Key Assumptions and Acronyms

Key Market Players

  • Halocarbon products corporation
  • AbbVie Inc.
  • Baxter
  • Hikima Pharmaceuticals PLC
  • Lunan Pharmaceutical group Co. Ltd.
  • Piramal Enterprises Limited
  • Jiangsu Hengrui Medicine Co. Ltd.

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