Anesthesia Monitoring Market 2020 |Emerging Growth Rate by Global Size, Industry Share, Price, Revenue, Market Dynamics, Latest Scope, Top Key Players with Forecast Analysis 2024

"Increasing number of surgeries in the US to drive the overall growth of the US depth of anesthesia monitoring market"

The US depth of anesthesia monitoring market is projected to grow from USD 141 million in 2018 to USD 170 million by 2024, at a CAGR of 3.2% during the forecast period. The increasing number of surgeries and rising patient volume in hospitals in the US are the major factors driving the growth of this market. However, depth of anesthesia monitoring devices is expensive and have considerably high installation and maintenance costs. Owing to this, their adoption is limited in small outpatient settings and clinics.

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Some of the key players operating in the US depth of anesthesia monitoring market are Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Medtronic Public Limited Company (Ireland), GE Healthcare (US), Mennen Medical Ltd. (Israel), Masimo Corporation (US), and Philips Healthcare (Netherlands). These companies relied on strategic partnerships, acquisitions, and new product launches to increase their presence and reach in the US depth of anesthesia monitoring market.

"Consumables segment held the largest share of the US depth of anesthesia monitoring market in 2018"

By Product type, the consumables segment accounted for the largest share of the market in 2018. This can primarily be attributed to the wide adoption of single-use sensors and the requirement of the repeat purchase of consumables. On the other hand, depth of anesthesia monitoring instruments have an average life span of 10 years and are generally given free of cost if the purchaser is ready to sign a long-term contract for consumables.

"Direct purchase of depth of anesthesia monitoring devices to gain traction during the forecast period"

Direct purchasing is witnessing an upward trend in the supply chain of depth of anesthesia monitoring devices in the US. The role of GPOs in medical device purchasing is shrinking because GPOs focus on cost and volume to earn administrative fees (which they charge as a certain percentage of the total purchase value) from manufacturers rather than on the quality and functionality of products. In the coming years, large hospitals may opt for direct channels, but small and medium-sized hospitals are likely to stick with GPOs for the purchase of medical devices.

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List of Figures

Figure 1 Commercially Available Depth of Anesthesiamonitors in the Us, 2017
Figure 2 Percentage of Surgeries Performed in ASCS
Figure 3 Partnerships, the Key Growth Strategy Adopted By Market Players (2015-2018)
Figure 4 DOA Monitoring Modules Market Share, By Key Player, 2017 (Value)
Figure 5 DOA Monitoring Modules Market Share, By Key Player, 2017 (Volume)
Figure 6 DOA Monitoring Bundled Devices Market Share, By Key Player, 2017 (Value)
Figure 7 DOA Monitoring Bundled Devices Market Share, By Key Player, 2017 (Volume)
Figure 8 DOA Monitoring Sensors Market Share Analysis, By Key Player, 2017 (Value)
Figure 9 DOA Monitoring Sensors Market Share, By Key Player, 2017 (Volume)

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List of Tables

Table 1 US: DOA Monitoring Market, By Device Type, 2016-2024 (USD Million)
Table 2 US: DOA Monitoring Market, By Device Type, 2016-2024 (No. of Units)
Table 3 US: DOA Monitoring Market, By Product, 2016-2024 (USD Million)
Table 4 US: DOA Monitoring Market, By Product, 2016-2024 (No. of Units)
Table 5 US: DOA Monitoring Devices Market, By Mode of Purchase, 2016-2024 (USD Million)
Table 6 US: DOA Monitoring Sensors Market, By Mode of Purchase, 2016-2024 (USD Million)
Table 7 US: DOA Monitoring Devices Market, By Mode of Purchase, 2016-2024 (No. of Units)
Table 8 US: DOA Monitoring Sensors Market, By Mode of Purchase, 2016-2024 (No. of Units)
Table 9 US: DOA Monitoring Market, By End User, 2016-2024 (USD Million)
Table 10 Number of Hospitals, By Region, 2010 vs 2014
Table 11 US: DOA Monitoring Market, By End User, 2016-2024 (No. of Units)
Table 12 Medtronic PLC: Number of Devices and Consumables Sold, 2016-2024
Table 13 Medtronic PLC: Revenue From Sales of Devices & Consumables, 2016-2024 (USD Million)
Table 14 GE Healthcare: Revenue From Sales of Devices & Consumables, 2016-2024 (USD Million)
Table 15 GE Healthcare: Revenue From Sales of Devices & Consumables, 2016-2024 (USD Million)
Table 16 Masimocorporation: Number of Devices and Consumables Sold, 2016-2024
Table 17 Masimocorporation: Revenue From Sales of Devices & Consumables, 2016-2024 (USD Million)
Table 18 Philips Healthcare: Number of Devices Sold, 2016-2024
Table 19 Philips Healthcare: Revenue From Sales of Devices, 2016-2024 (USD Million)
Table 20 Shenzhen Mindraybio-Medical Electronics Co., Ltd.: Number of Devices Sold, 2016-2024
Table 21 Shenzhen Mindraybio-Medical Electronics Co., Ltd.: Revenue From Sales of Devices, 2016-2024 (USD Million)
Table 22 Osisystems, Inc.-Spacelabs Healthcare Inc.: Number of Devices Sold, 2016-2024
Table 23 Mennen Medical: Number of Devices Sold, 2016-2024
Table 24 Osisystems, Inc.-Spacelabs Healthcare Inc.: Revenue From Sales of Devices, 2016-2024 (USD Million)
Table 25 Mennen Medical: Revenue From Sales of Devices, 2016-2024 (USD Million)

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