Research Nester published a report titled “Anesthesia Devices Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global anesthesia devices market in terms of market segmentation by product type, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global anesthesia devices market is estimated to occupy a hefty amount of revenue by growing at a CAGR of ~9% during the forecast period, i.e., 2023-2035, ascribing to the rising occurrence of various cardiological, dermatological and ophthalmological disorders globally. Along with these, growing number of surgical procedures performed, and integration of technologies, such as artificial intelligence, in anesthesia devices are also expected to accelerate the growth of the market in the years to come.
The market is segmented by product type and end user. Based on product type, the anesthesia monitors segment is anticipated to acquire the largest share during the forecast period on the back of the emergence of new monitoring techniques such as goal-directed fluid therapy, improved alarm system and advanced neurological monitoring. Additionally, by end user, the hospitals segment is projected to grab the largest share over forecast period attributing to the large number of surgeries performed, and surging patient admission in a hospital facility.
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Geographically, the global anesthesia devices market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific is anticipated to witness noteworthy growth in the market during the forecast period attributing to the increasing geriatric population, and rising cases of pulmonary diseases in the region. Moreover, the market in North America is assessed to gather the largest share by the end of 2030 ascribing to the rising occurrence of cancer and cardiovascular conditions, and escalating number of minimally invasive surgeries in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Number of Surgical Procedures Performed Worldwide to Drive Market Growth
The world is witnessing a hike in the number of surgical procedures ascribing to the increasing prevalence of several diseases, including cardiological, ophthalmology and dermatological disorders. As anesthesia plays a chief role during surgery for the management of pain, the demand for anesthesia devices is predicted to observe a surge, which in turn is anticipated to drive significant market growth in the near future.
However, high cost of installing and maintaining anesthesia devices is expected to operate as key restraint to the growth of the global anesthesia devices market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global anesthesia devices market which includes company profiling of Medtronic PLC, B.Braun Melsungen AG, Drägerwerk AG & Co. KGaA, General Electric Company, Koninklijke Philips N.V., Schiller AG , Criticare Systems, Inc., HEYER Medical AG, Infinium Medical, Inc., General Meditech, Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global anesthesia devices market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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