03-Aug-2022 | Facts and Factors
According to Facts and Factors, the global anesthetic equipment market size was worth around USD 11.40 billion in 2021 and is estimated to grow to about USD 16.26 billion by 2028, with a compound annual growth rate (CAGR) of approximately 6.10% over the forecast period. The report analyzes the anesthetic equipment market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the anesthetic equipment market.
Anesthetic equipment is widely used by anesthesiologists, their assistants, and nurses. During surgical procedures, anesthesia is known to induce unconsciousness as well as low protective reflexes in order to reduce sensation and central nervous system activities. It aids in the management of blood pressure, heart rate, blood flow, breathing, and pain. During the surgical procedure, anesthesia equipment assists in the delivery of anesthetic agents in controlled doses.
Browse the full “Anaesthetic Equipment Market Size, Share, Growth Analysis Report By Product (Anesthesia Delivery Machines, Anesthesia Disposables & Accessories, Anesthesia Monitors, Anesthesia Information Management Systems (AIMS)), By Type (General Anesthesia, and Local Anesthesia), By Application (Orthopedics, Cardiology, Dental, Urology, Neurology, Ophthalmology, and Others), By End-Use (Hospitals, Clinics, and Ambulatory Service Centers), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/anaesthetic-equipment-market
Furthermore, the growing geriatric population is all over the world, which increases the demand for anesthesia equipment. In addition, the rising number of different types of surgeries is expected to support the market growth during the forecast period. In surgeries, the demand for continuous monitoring equipment also expanded the market growth during the forecast period. At the same time, the high cost of installation and maintenance, high infection risk, and scarcity of anesthesiologists are the restraints that hamper the market growth during the market growth. Moreover, technological advancements in anesthesia equipment due to concerns regarding safety are anticipated to offer lucrative opportunities for market players in the projected period.
Segmental Overview
The global anesthetic equipment market is segregated based on product, type, application, end-use, and region. Based on product, the market is divided into anesthesia delivery machines, anesthesia disposables & accessories, anesthesia monitors, and anesthesia information management systems (AIMS). Among these, in 2021, the anesthetic delivery machines segment dominates the market, accounting for a significant percentage of global sales.
By type, the market is bifurcated into general anesthesia and local anesthesia. Over the forecast period, general anesthesia is expected to develop at the fastest rate. By application, the market is categorized into orthopedics, cardiology, dental, urology, neurology, ophthalmology, and others. During the forecast period, the orthopedics segments dominated the market in terms of revenue generation. By end-use, the market is classified into hospitals, clinics, and ambulatory service centers. In 2021, the hospital segment dominates the market, accounting for significant global revenue.
Regional Overview
North America is expected to dominate the entire market throughout the forecast period. In the North American region, the United States has the largest market share due to the rapid increase in diseases such as obesity, cardiovascular problems, and various types of cancer, both open and minimal surgery. The number of surgeries is increasing. Invasive. The increasing number of minimally invasive surgery for chronic diseases has helped the US market for anesthetic equipment. Furthermore, Europe and Asia-Pacific region are also expected to grow during the forecast period due to the growing geriatric population rapidly and the expansion of market players. Also, the development by market players in these regions in anesthetic equipment is expected to support the market growth during the forecast period.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 11.40 Billion |
Projected Market Size in 2028 |
USD 16.26 Billion |
CAGR Growth Rate |
6.10% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Teleflex Incorporated, B. Braun Melsungen AG, Draegerwerk AG, Medtronic PLC, Koninklijke Philips NV, SunMed, Fisher & Paykel Healthcare, G.E. Healthcare, Pentax, Becton Dickinson and Company, Ambu S/A, Smiths Group plc, Ventlab, Verathon, and Others |
Key Segment |
By Product, Type, Application, End-Use, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Competitive Landscape
Key market players in the global anesthetic equipment market include Teleflex Incorporated, Draegerwerk AG, B. Braun Melsungen AG, Medtronic PLC, SunMed, Koninklijke Philips NV, Fisher &Paykel Healthcare, Pentax, GE Healthcare, Becton Dickinson and Company, Smiths Group plc, Ambu S/A, Ventlab, 3M Company, Verathon Inc., Airsep Corporation, Karl Storz GmbH & Co. KG, Koninklijke Philips N.V., and others.
Recent developments:
- In January 2020, Mindray held a virtual launch event for the A9 and A8 anesthesia systems in Europe and other selected regions. These systems will equip anesthesiologists with the tools they need to ensure patient safety from induction to recovery.
- In October 2020, Drager debuted its new Altan family of anesthesia workstations at Arab Health 2020, with the goal of making it easier for clinical and biomedical personnel to meet any challenge.
The global anesthetic equipment market is segmented as follows:
By Product
- Anesthesia Delivery Machines
- Anesthesia Disposables & Accessories
- Anesthesia Monitors
- Anesthesia Information Management Systems (AIMS)
By Type
- General Anesthesia
- Local Anesthesia
By Application
- Orthopedics
- Cardiology
- Dental
- Urology
- Neurology
- Ophthalmology
- Others
By End-Use
- Hospitals
- Clinics
- Ambulatory Service Centers
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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