Advance Anesthesia Monitoring Devices Market SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2022-2030
Advance
Anesthesia Monitoring Devices Market Highlights
Anesthesia is a medical treatment that prevents the patient from feeling
pain while performing surgeries. Since the introduction of anesthesia in the
market, many of the surgical procedures have become easy to operate. The
introduction of new technology to monitor the patient’s body while
administering anesthesia and development of new devices have made anesthesia
monitoring more comfortable and safer. Increasing number of surgeries and
continuous development in the anesthesia devices have boosted the growth of the
anesthesia monitoring device market. On the other hand, higher cost of devices
may hinder the growth of the market over the forecast period.
The Advance Anesthesia Monitoring Devices Market is expected to reach USD 1069.87 Million by 2030
at 10.9% CAGR during the forecast period 2022-2030.
Regional Analysis
On the regional basis, the global advanced anaesthesia monitoring
devices market is segmented into America, Europe, Asia Pacific, and the
Middle East & Africa. America holds the highest share in the global
advanced anaesthesia monitoring devices market. According to the American
Society of Anaesthesiologists, in the year 2014 it was estimated that approximately
30 million of aesthetics being administered every year. Europe accounts for the
second largest market for anesthesia monitoring devices. Various factors
such as increasing number of surgeries and increasing demand for the better
monitoring devices are t driving the growth of the market. Increasing surgeries
in a various specialty such as neurology, orthopedic, and aesthetic plastic
surgeries in Europe is the primary reason for the development of the market.
Asia Pacific is the fastest growing market in the global advanced
anesthesia monitoring devices market due to increasing number of geriatric
population and rapid development in the healthcare sector. Economic development
and increasing orthopedic surgeries in Asia Pacific region have boosted the growth
of the advanced anesthesia monitoring devices market. Larger population
base in this region has attracted several the manufacturer, which, in turn,
develop the market in Asia Pacific region.
Segmentation
The global advanced anesthesia monitoring devices market is segmented based
on types of the products and end users. On the basis of the type of products,
the market is segmented into basic anesthesia
monitor, advanced anesthesia monitors, integrated
anesthesia workstations. Advanced anesthesia monitors are sub-segmented into
gas monitors, stand-alone capnography monitors, monitors to measure the depth
of anesthesia, and MRI compatible anesthesia monitors. And based on end users,
it is segmented into hospitals, clinics, ambulatory services, and others.
Advance
Anesthesia Monitoring Devices Market Players
The global advanced anaesthesia
monitoring devices market report players are NIHON KOHDEN CORPORATION (China),
General Electric Company (U.S.), Masimo (U.S.), INFINIUMMEDICAL (U.S.),
Medtronic (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China),
Sedana Medical AB (Sweden), Drägerwerk AG & Co. KGaA. (Germany), Smiths
Medical (U.K.), OSI Systems (U.S.), Maquet Holding B.V. & Co. KG.
(Germany), Teleflex Incorporated (U.S.), ResMed (U.S.), Getinge AB (Sweden),
Fisher & Paykel Healthcare Limited (New Zealand), Phillips Plastics
Corporation. (The Netherland), Intersurgical Ltd (U.K.).
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