Anesthesia Machines Market to be Worth $7.71 Billion by 2030

Anesthesia Machines Market by Offering (Anesthesia Workstation, Delivery Systems, Portable, Monitor, Ventilator, Circuit, Mask, Vaporizer) Application (Orthopedic, Neurology, Cardiology, Urology) End User (Hospital, Clinic, ASC) - Global Forecast to 2030

Meticulous Research^®—a leading global market research company, published a research report titled, ‘Anesthesia Machines Market by Offering (Anesthesia Workstation, Delivery Systems, Portable, Monitor, Ventilator, Circuit, Mask, Vaporizer) Application (Orthopedic, Neurology, Cardiology, Urology) End User (Hospital, Clinic, ASC) - Global Forecast to 2030.’

According to this latest publication from Meticulous Research^®, the anesthesia machines market is projected to reach $7.71 billion by 2030, at a CAGR of 7.5% during the forecast period. The growth of the anesthesia machines market is attributed to the growing number of surgical procedures, the increasing prevalence of chronic diseases coupled with the aging population, and technological advancements in anesthesia devices. Additionally, increasing focus on patient comfort is expected to provide significant opportunities for players operating in the market.

The anesthesia machines market is segmented by Offering [Anesthesia Workstations, Anesthesia Delivery Machines, Portable Anesthesia Machines, Anesthesia Ventilators, Anesthesia Monitors, Accessories (Breathing Circuits, Vaporizers, Anesthesia Masks, Endotracheal Tubes, Laryngeal Tubes, Laryngeal Mask Airways, Other Accessories)], Application (Orthopedic, Neurology, Cardiology, Respiratory Care, Urology, Other Applications), End User (Hospitals, Clinics, and Ambulatory Surgical Centers) and Geography. The study also evaluates industry competitors and analyzes the market at the global and regional levels.

Based on offering, in 2023, the anesthesia workstations segment is expected to account for the largest share of the anesthesia machines market. This segment's large share is attributed to the large number of surgical procedures, the huge burden of chronic diseases, and the adoption of anesthesia workstations in developed countries.

Anesthesia workstations are designed to provide wide functions in a single system. In one unit, they integrate multiple components, such as gas delivery systems, vaporizers, patient monitoring devices, and ventilators. This makes them a convenient and efficient choice for healthcare providers.

Based on application, in 2023, the orthopedic segment is expected to account for the largest share of the anesthesia machines market. This large share is attributed to the growing number of joint replacement surgeries rise in the number of orthopedic surgeries carried out each year due to orthopedic injuries from collisions & accidents. Additionally, the high prevalence of musculoskeletal disorders leads to a large segmental share.

Based on end users, the hospitals segment is expected to grow at the fastest CAGR during the forecast period. Several factors are driving the growth of this segment, increasing demand for surgical procedures, expansion of health infrastructures, and collaborations between hospitals and anesthesia machine manufacturers.

The rising global burden of diseases and the aging population have increased the demand for surgical interventions. Hospitals and clinics are the primary choices of patients where surgeries are performed, driving the demand for anesthesia machines in hospitals.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, Sweden, Netherlands, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America) and the Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa).

In 2023, North America is expected to account for the largest share of the anesthesia machines market, followed by Europe and Asia-Pacific. Furthermore, the U.S. is expected to be the largest market in North America. The advancements in medical and surgical technologies, the high prevalence of chronic diseases, the high number of surgeries performed each year, and high healthcare expenditures contribute to the large share of the market.

Key Players

The key players operating in the anesthesia machines market are Medtronic PLC (Ireland), Draegerwerk AG (Germany), Koninklijke Philips NV (Netherlands), GE HealthCare Technologies Inc. (U.S.), Becton Dickinson and Company (U.S.), Fisher & Paykel Healthcare (New Zealand), B. Braun SE (Germany), HEYER Medical AG (Germany), Mindray Medical International Limited (China), Smiths Group plc (U.K.), OSI Systems, Inc. (U.S.), Getinge AB (Sweden), Ambu A/S (Finland), and BPL Medical Technologies (India).

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Key questions answered in the report-

Which are the high-growth market segments in terms of offering, application, end user, and region/country?
What was the historical market for anesthesia machines across the globe?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, challenges, opportunities, and trends in the global anesthesia machines market?
Who are the major players in the global anesthesia machines market?
What is the competitive landscape like, and who are the market leaders in the global anesthesia machines market?
What are the recent developments in the anesthesia machines market?
What are the different strategies adopted by the major players in the anesthesia machines market?
What are the geographical trends and high-growth regions/countries?

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