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Pharmaceutical

Anesthesia Machines Market: Lucrative Opportunities in North America to Offer Promising Growth Scope – Fact.MR Study

250 Pages Anesthesia Machines Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Anesthesia Machines to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Anesthesia Machines market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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Market Snapshot

The global anesthesia machines market reached a valuation of around US$ 11 Bn in 2020, which amounts to around 11% share of the overall surgical devices market. Sales of anesthesia machines are slated to rise at a CAGR of 6% to top US$ 20 Bn by 2031. Demand for anesthesia monitors is set to increase at a CAGR of 5% across the assessment period of 2021 to 2031.

Anesthesia Machines Market Size in 2020 US$ 11 Bn
Sales Forecast for Anesthesia Machines by 2031 US$ 20 Bn
Global Market Growth Rate (2021 to 2031) 6% CAGR
Share of Top 5 Companies 55%

Anesthesia machines market regional analysis by Fact.MR

The report offers actionable and valuable market insights of Anesthesia Machines. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Anesthesia Machines Market across various industries and regions

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Key Segments Covered in Anesthesia Machines Industry Research

  • Form

    • Portable Anesthesia Machines
    • Standalone Anesthesia Machines
  • Product Type

    • Continuous Anesthesia Machines
    • Intermittent Anesthesia Machines
    • Modern Anesthesia Machines
    • Anesthesia Ventilators
    • Anesthesia Monitors
    • Anesthesia Delivery Machines
    • Anesthesia Workstations
    • Others
      • Anesthesia Portable Delivery Machines
      • Anesthesia Standalone Delivery Machines
      • Boyles Anesthesia Machine
      • Computer Controlled Anesthesia
      • Patient Monitoring Devices
      • Anesthetic Machinery
      • Anesthesia Information Management System (AIMS)
  • Subject

    • Human Anesthesia Machines
    • Veterinary Anesthesia Machines
  • Anesthesia Disposables and Accessories

    • Anesthesia Masks
    • Anesthesia Circuits
    • Endotracheal Tubes (ETTs)
    • Laryngeal Mask Airways (LMAs)
  • Clinical Indications

    • Use of Anesthesia Machines in Nervous System Surgeries
    • Use of Anesthesia Machines in ENT System Surgeries
    • Use of Anesthesia Machines in Respiratory System Surgeries
    • Use of Anesthesia Machines in Cardiovascular System Surgeries
    • Use of Anesthesia Machines in Digestive System Surgeries
    • Use of Anesthesia Machines in Urinary System Surgeries
    • Use of Anesthesia Machines in Musculoskeletal System Surgeries
    • Use of Anesthesia Machines in Skin System Surgeries

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Competitive Landscape

Top companies in the market for anesthesia machines are using a variety of techniques, including mergers and acquisitions and alliances, among others to achieve growth in the market.

The market for anesthesia machines is moderately competitive, with many major players. Few leading anesthesia machine suppliers currently dominate the market in terms of market share.

Market players are focusing on new product developments and launching of innovative products with additional features and capabilities.

Key Takeaways from Market Study

  • Global anesthesia machines market to top US$ 20 Bn by 2031.
  • Anesthesia monitors projected to reach around US$ 10 Bn by 2031.
  • Standalone anesthesia machines projected to record above 3% CAGR over next 10 years.
  • Continuous anesthesia machines expected to reach valuation of US$ 5 Bn by 2031.
  • Market in North America holds share of more than 40%.

“Increasing research & development efforts to produce cost-effective and innovative anesthesia solutions is predicted to give strong growth possibilities for anesthesia machine suppliers,” says a Fact.MR analyst.

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Report Benefits & Key Questions Answered

  • Anesthesia Machines Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Anesthesia Machines Historical volume analysis: The report provides a comparison of Anesthesia Machines’s historical sales and projected sales performance for 2021-2031.
  • Anesthesia Machines Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Anesthesia Machines market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Anesthesia Machines Consumption by demographics: The report investigates consumer behavior affecting Anesthesia Machines demand outlook for the assessment period. Effect of their keenness for digital trends on Anesthesia Machines market is carefully analyzed
  • Post COVID consumer spending on Anesthesia Machines: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Anesthesia Machines market growth.

More Valuable Insights on Anesthesia Machines Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Anesthesia Machines, Sales and Demand of Anesthesia Machines, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Categories
Pharmaceutical

Anesthesia Machines Market- North America to Remain at the Forefront in the Global Market, Finds Fact.MR

A recent study conducted by Fact.MR reveals that the global market for anesthesia machines is set to reflect a CAGR of 5.4% between 2017 and 2022. Increasing medical tourism, an augmenting number of surgical procedures and rising healthcare spending are some of the primary factors expected to remain instrumental to the growth of the anesthesia machines market.

Today, anesthesia machines are being increasingly incorporated in healthcare systems as they are seen as a key medical apparatus. These machines are also proving to be extremely helpful in ambulatory units and nursing homes. Mostly, professionals with expertise or sufficient knowledge of anesthesiology are certified to operate and handle anesthesia machines. The advance version of the machines offer higher patient convenience and safety. Anesthesia machine and the technology behind it has constantly evolved over the years. The machines used today, are completely different from the conventional versions that were based on pneumatic systems.

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With the rise in the global population, the occurrences of invasive surgeries have also escalated. Factor as such are expected to support the growth of the global anesthesia machines market in years to come. In addition, innovation in technology is encouraging its adoption in the healthcare sector as they become more effective. Most anesthesia machines currently come with leading-edge continuous-flow anaesthetic system that is designed to regulate a precise and continuous supply of anesthetic gases to the patient. The contemporary machines are incorporated with suction unit, patient monitoring devices, and ventilators.

Following takeaways from Fact.MR’s Forecast on the global market for anesthesia machines will play a significant role in market’s future development

  • Increase occurrence of chronic ailments such as cancer, high cholesterol and diabetes coupled with the expanding pool of the geriatric population is projected to propel the overall growth of the market.
  • The anesthesia machines market in North America currently accounts for the global market. In addition, North America is expected to remain one of the most attractive market for anesthesia machines over 2022 and reflect a CAGR of over 5%. This is owing to rapid adoption of cutting-edge medical care technologies in the region.
  • Demand for anesthetic machines in Asia Pacific excluding Japan (APEJ) is also projected to surge at a significant rate during the forecast period.  Growing disposable income and rising healthcare awareness among consumers is playing a crucial role in adoption of the anesthesia machines in the hospitals and clinics in the region.

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Based on modality, the standalone segment currently commands for close to 56% market share in terms of revenue.  Towards the end of 2022, this segment is estimated to reach a market valuation in excess of US$ 7,081 Mn. Meanwhile, the portable segment is also likely to witness an impressive CAGR between 2017 and 2022.

Competition Tracking

General Electric Company, Spacelabs Healthcare, Shenzhen Comen Medical Instruments Co. Ltd., DRE Medical, Midmark Corporation, Heyer Medical AG, Infinium Medical Inc, Koninklijke Philips N.V., Dragerwerk AG, Shenzhen Comen Medical Instruments Co. Ltd., and Dameca A/S. are among the prominent companies mentioned in the report.

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Research Insight: https://www.factmr.com/report/96/anesthesia-machines-market
Press Release: https://www.factmr.com/media-release/83/anesthesia-machines-market

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