Size, Share, Growth, Opportunities, Global Analysis And Opportunity Assessment Of The Anesthesia Machines Market, 2018-2026

Anesthetic machinery is a device that delivers a hypoxic gas mixture to patients during a medical procedure. Patients are given gases such as oxygen (O2), air, and nitrous oxide (N2O). There are various anesthesia monitors that are used to inspect the system's operation, detect equipment malfunctions, and provide patient information. Flowmeters and vaporizers are among the tools used for anesthesia inhalation. Continuous advancements in the design of anesthesia machinery improve operational efficiency and patient outcomes, creating lucrative opportunities for the anesthesia machinery market.

The key drivers of the Anesthesia Machines Market are an increase in the number of surgical procedures, an increase in the geriatric population, which is highly vulnerable to injuries or medical conditions that require surgery, and an increase in technological advancements such as electroencephalographic depth of anesthesia monitoring, advanced neuromuscular transmission monitoring systems, and bedside ultrasonography. However, the high maintenance and installation costs of anesthesia machinery, as well as the side effects of anesthesia overdose, limit the growth of the anesthesia machinery market. Furthermore, anesthesia is important because every patient who undergoes surgery is anesthetized to manage pain during the procedure. Because of the high prevalence of these medical conditions, the most common surgical procedures performed worldwide are musculoskeletal, respiratory, cardiology, and neurology. 

Review of the Product Solution Segment

The global Anesthesia Machines Market is divided into two segments based on product: continuous anesthesia machinery and intermittent anesthesia machinery. The continuous anesthesia machinery segment held the largest market share in 2018, owing to its widespread use in hospitals due to its effectiveness and consistent flow of air, as well as the prevalence of surgical procedures.

Examining the subject segment

 

The Anesthesia Machines Market is divided into two categories: human and veterinary. The human segment is expected to grow at the fastest rate during the forecast period, owing to an increase in chronic diseases in the geriatric population, as well as an increase in pipeline research and launches for human anesthesia machinery.

Examining the application segment

The Anesthesia Machines Market is divided into nervous system surgeries, respiratory system surgeries, musculoskeletal system surgeries, cardiovascular system surgeries, digestive system surgeries, urinary system surgeries, and ENT system surgeries based on application. Musculoskeletal system surgeries accounted for the largest market share in 2018, owing to an increase in the number of musculoskeletal surgical procedures, which led to an increase in the use of anesthesia machinery for this application.

Smiths Medical, GE Healthcare, Spacelabs Healthcare, Covidien, Dragerwerk, Aeonmed, Heyer Medical, Oricare, Oricare, Supera Anesthesia Innovations, Dameca A.S, Carefusion Corporation and KGaA, Getinge Group are major players in the anesthesia machines market.