Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Inhalation Anesthesia Market: By Product Type, By Application Type, and Geography
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.
Study Period
2024-2030Base Year
2023CAGR
4.9%Largest Market
North AmericaFastest Growing Market
Asia Pacific
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.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 1.43 billion |
Market CAGR |
4.9% |
By Product Type |
|
By Application |
|
By Region |
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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.
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