Inhalation Anesthesia Market Rapid Growth By Top Players Baxter International, Inc., Mylan NV, AbbVie, Inc., Hikma Pharmaceuticals, Piramal Healthcare, Halocarbon Products Corporation, Lunan Pharmaceuticals

Increasing number of surgeries worldwide is one of the major factors driving growth of the inhalation anesthesia market. For instance, according to the World Bank statistics, in 2012, around 4511 surgeries per 1, 00,000 people were performed worldwide. Moreover, according to Lancet Commission for Global Surgery report in 2015, around 143 million unmet surgical needs were recorded worldwide, annually.

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Moreover, increasing geriatric population is also expected to propel the market growth. It is often inconvenient to administer anesthesia through intravenous route to geriatric patients due to punctured blood vessels and issue with patient compliance. Therefore, inhalation anesthesia may be useful in such cases. According to United Nations’ report: World Population Prospect-The 2017 Revision, worldwide population of people aged over 60 years is projected to increase from 962 million in 2017 (13% of world population) to 1.3 billion by 2030 and will reach to 2.1 billion by 2050.

The report further stated that the population (of people aged over 60 years) is expected to increase at a rate of 3% annually, by 2050, nearly in all regions except Africa which would have 25% or more population of against entire population with age 60 or more. Increased trauma and accidents deaths worldwide would be another factor for growth of the inhalation anesthesia market.

The most common inhalational anesthetics currently in practice are sevoflurane, desflurane, and nitrous oxide. Sevoflurane has rapid onset of action and faster recovery rate. Inhalational anesthetics cause respiratory depression, a decrease in arterial blood pressure, and cerebral metabolic demand along with an increase in cerebral blood flow. The most common side effect of inhalation anesthesia products is nausea. Halogenated anesthesia may induce the dose dependent hepatotoxicity.

Key players operating in the global inhalation anesthesia market include, Baxter International, Inc., Mylan NV, AbbVie, Inc., Hikma Pharmaceuticals, Piramal Healthcare, Halocarbon Products Corporation, Lunan Pharmaceuticals, Maruishi Pharmaceuticals Co. Ltd., Jiangsu Hengrui Medicine Co., Ltd., Neon Laboratories Ltd., and Troikaa Pharmaceuticals Ltd.

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Inhalation Anesthesia Market - Market Taxonomy

On the basis of drug type, the global inhalation anesthesia market is segmented into:

Nitrous Oxide
Halogenated Agents
Sevoflurane
Desflurane
Isoflurane
Enflurane
Halothane
On the basis of end users, the inhalation anesthesia market is segmented into:

Hospitals
Ambulatory Surgical Centers
Others
On the basis of geography, the inhalation anesthesia market is segmented into:

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

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