Precise Study on Global Anesthesia Machines Market Covering Trends, Market Share, Size, Growth, Opportunity, Competition and Revenue During 2017-2022

A fresh study, covering “Anesthesia Machines Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022” has been broadcasted to wide online repository of FactMR, which presents deep focus on the Anesthesia Machines Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “market”. 

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Anesthesia machines are usually operated by medical professionals who hold expertise in anesthesiology. An anesthesia machine is an integral part of hospital care system and is also considered one of the essential medical apparatus in nursing homes and ambulatory units. Modern anesthesia machines greatly increase patient safety. Over the years, these machines have undergone relentless technological transformation.

Oppose to the conventional pneumatic systems, the contemporary versions are more sophisticated, fully-integrated and computer-based. As the global population continues to surge, more number of minimally invasive surgeries are taking place in a day-to-day basis, which is reflecting favourably on the global sales of anesthesia machines. Moreover, incessant technological advancements in anesthetic systems is boosting their adoption in the healthcare industry. The increasing geriatric population and rising prevalence of chronic disorders such as diabetes, high cholesterol, and cancer is expected to influence the global Anesthesia Machines Market in the near future.

The anesthesia machine or Boyle's machine is a medical care equipment used by anesthesiologist assistants, anesthesiologists and nurse anesthetists to facilitate the administration of anesthesia. Currently, most machines support the continuous-flow anesthetic system, which is designed to manage a continuous and accurate flow of medical gases (such as nitro oxide or oxygen), diluted with a measured concentration of anesthetic gas.  Anesthesia machines ensure uninterrupted and controlled supply of anaesthetic gases to the patient. Modern machines are integrated with patient monitoring devices, suction unit and ventilator. 

Fact.MR’s report projects that this market will register an above-average CAGR during the forecast period (2017-2022) to surpass a valuation of US$ 12,587 Mn. Factors such as rising healthcare expenditure, growing medical tourism and higher rates of surgical procedures will support the growth of the market. 

North America to Remain at the Forefront of the Global Anesthesia Machines Market

The anesthesia machines market in North America is expected to retain its top position over 2022. This is primarily owing to the high adoption rate of advanced medical care systems including anesthesia machines.  North America’s anesthesia machines market is projected to expand at a CAGR of 5.6% over the forecast period. Meanwhile, the market is also expected to witness a considerable growth in Asia Pacific excluding Japan (APEJ) region. Increasing healthcare awareness and rising disposable income in emerging countries such as China and India will be supporting the growth of the market in the region.  

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On the basis of modality, sales of standalone anesthesia machine currently account for more than 56% revenue share of the market. By the end of the forecast period, over US$ 7,000 Mn worth standalone anesthesia machine are estimated to be sold across the globe. During the same period, demand for portable anesthesia machines is also expected to witness a healthy uptick.

Competition Tracking

Leading market players mentioned in the Fact.MR’ report include DRE Medical, Spacelabs Healthcare, Dragerwerk AG, Midmark Corporation, Shenzhen Comen Medical Instruments Co. Ltd, Heyer Medical AG, Dameca A/S, Infinium Medical Inc, Koninklijke Philips N.V, and General Electric Company.

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