Meticulous Research®—a leading global market research company, published a research report titled, ‘Anesthesia Machines Market by Type (Anesthesia Workstations, Delivery Systems, Portable, Monitors, Ventilators, Accessories [Boyles Apparatus, Laryngoscopes]), End User (Hospital, Clinic, Ambulatory Surgical Center) - 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 Type [Anesthesia Workstations, Anesthesia Delivery Machines, Portable Anesthesia Machines, Anesthesia Ventilators, Anesthesia Monitors, Accessories (Breathing Circuits, Boyls Apparatus, Oxygen Cells & Censors, Vaporizers, Laryngoscopes, Other Accessories)], 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 type, 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 end users, the hospitals & clinics 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 the patients where surgeries are performed, driving the demand for anesthesia machines in hospitals & clinics.
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, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), Latin America, and the 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, in 2023, 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 expenditure contribute to the large share of the market.
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.), and OSI Systems, Inc. (U.S.)
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5533
Key questions answered in the report-
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Dental Practice Management Software Market Worth $ 3.11 Billion by 2029Read More