Global Anaesthesia Monitoring Devices Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

The global anaesthesia monitoring devices market is accounted approximate USD 1289.2 million in 2020 and it is expected to reach approximate USD 4039.8 million by 2030 with a CAGR of 12.1% during forecast period. Anaesthesia is used to induce insensitivity during surgery to eliminate pain. The anaesthesia monitoring devices are used to check the patient’s reaction towards anaesthesia during the surgical process. In other words, these devices help in monitoring the dosage of anaesthesia. The requirement of these devices depends upon the nature of surgery done and it differs in every case. Appropriate monitoring of the patient minimises the risks attached to anaesthesia and surgery. The rising number of surgeries performed across the globe due to the rapid influx of chronic diseases among people is the major driving factor of the anaesthesia monitoring devices market.
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Market Dynamics and Factors:
The growing geriatric population and patient pool; rising number of surgeries performed; and technological advancements in anaesthesia monitoring are the key factors driving the global anaesthesia monitoring devices market. For instance, according to the United Nations Department of Economic & Social Affairs, the population of people above 60 years is growing at a high rate. In 2013, the total percentage of geriatric population across the globe was 11.1% and is expected to reach 21.1% by 2050. Additionally, rising income levels and growing awareness amongst people have augmented the demand for pain-free surgeries and thus enhanced the market growth of anaesthesia monitoring devices. However, high costs of the devices, abundance of conventional patient monitoring techniques, and lack of skilled professionals are certain factors that are restraining the market growth of anaesthesia monitoring devices.
Market Segmentation :
Global Anaesthesia Monitoring Devices Market – By Product Type
Basic Anaesthesia Monitor
Advanced Anaesthesia Monitor
Gas Monitor
Standalone Capnography Monitor
Monitors For Depth Of Anaesthesia
MRI Compatible Anaesthesia Monitor
Integrated Anaesthesia Workstation
Global Anaesthesia Monitoring Devices Market – By End-User
Hospitals
Clinics
Ambulatory Surgery Centres
Others
Global Anaesthesia Monitoring Devices Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America is expected to dominate the anaesthesia monitoring devices market globally in terms of market share during the forecast period. Advanced healthcare infrastructure, extensive technological advancements in healthcare, and the presence of a huge geriatric population suffering from chronic ailments are the major factors attributing towards the market dominance of the region. For instance, the American Hospital Association in 2016 declared that there were around 5625 hospitals in the U.S with a total patient population of 34.8 million. The Asia Pacific region is anticipated to witness huge growth during the forecast period. The rising patient population; advancements in healthcare infrastructure; and growing medical tourism in APAC countries have resulted in the rise in the number of surgeries performed and in turn has attributed towards the market growth of anaesthesia monitoring devices in the region.
Competitive Scenario:
The key players operating in the global anaesthesia monitoring devices market are –
GE Healthcare, Philips Healthcare, Medtronic PLC, Micropore Inc., Nihon Kohden Corporation, Norvap Medical, Dragerwerk AG & Co., Schiller AG, Mindray Medical International Limited, Masimo Corporation.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Anaesthesia Monitoring Devices industry, although key threats, opportunities and disruptive technologies that could shape the Global Anaesthesia Monitoring Devices Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Anaesthesia Monitoring Devices Market most.
The data analysis present in the Global Anaesthesia Monitoring Devices Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Anaesthesia Monitoring Devices Market business.
The 2021 Annual Global Anaesthesia Monitoring Devices Market offers:
100+ charts exploring and analysing the Global Anaesthesia Monitoring Devices Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Anaesthesia Monitoring Devices Market type
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