Would you like to know about Global Inhalation Anesthesia Market (2021-2030) - Research Report?

Absolute Markets Insights has added a new analytical data to its massive repository titled as, Inhalation Anesthesia market. It highlights the leading key players operating within the global regions like North America, Latin America , Europe, Asia-Pacific, and India. Different graphical presentation techniques like charts, graphs, table, and pictures are used while curating the report.

The technology advancements of inhalation anesthetics equipment over the years has enabled healthcare professionals to reduce operational costs and increase the quality of care, thus, boosting the demand for inhalation anesthesia market across the globe. Along with the evolution of inhalation anesthetic drugs, equipment used to deliver these drugs to patient have also transformed. The anesthesia respiratory devices administer a monitored mixture of air, nitrous oxide and anesthetic drug to the patient. The latest technology anesthetic equipment utilizes advanced sensor network, modern electronics and customized software to offer highly monitored anesthesia delivery and improve the care quality. These advancements have imparted capabilities such as automated monitoring and delivery of inhaled anesthetic drug, closed-loop systems and integration with anesthesia information systems.

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The sensor network employed in these advanced equipment facilitates monitoring line pressures in the respiratory device to ensure right quantities of anesthetics are administered to the patients. For instance, First Sensor supplies a network of thermal mass flow sensors or differential pressure sensors to monitor inspiratory and expiratory pressure and volumes in the inhalation anesthesia devices. Also, electronic gas mixers and vaporizers are being used in the respiratory devices for anesthetics for better control and deliver predetermined dosage of anesthetic drugs. For instance, Aisys CS2 care station of General Electric Company utilizes electronic vaporizers and gas mixers enabling control of anesthetic agent and monitoring its usage. These technologies have benefitted the healthcare professional to deliver better patient care with hassle free operation thus boosting the growth of inhalation anesthesia market across the globe.

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In terms of revenue, global inhalation anesthesia market was valued at US$ 12,607.8 Mn in 2018 and is anticipated to reach US$ 20,385.0 by 2027 at a CAGR of 5.5%. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

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Key Findings of the Report:

• The global inhalation anesthesia market was valued at US$ 12,607.8 Mn in 2018 and is anticipated to witness a compound annual growth rate of 5.5% over the forecast period owing to technological advancement inhalation anesthesia systems.
• Rising veterinary care expenditure coupled with growing pet population is expected to drive the growth of veterinary healthcare in global inhalation anesthesia market.
• North America held the highest market share in global inhalation anesthesia market in 2018. Asia Pacific is expected to register the highest compound annual growth rate (CAGR) over the period of next eight years owing to rise in medical tourism and investment in healthcare infrastructure.
• Some of the players operating in the inhalation anesthesia market are AbbVie Inc., Baxter, BOC, Halocarbon, Hengrui Medicine, Kent Scientific Corporation, Merck KGaA, Midmark Corporation, Piramal Critical Care and Raman & Weil Pvt. Ltd. amongst others.

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