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Global Anaesthesia Drugs Market Sees Strong Growth as Demand for Safe and Effective Pain Management Increases

02-01-2023 11:55 AM CET | Health & Medicine

Press release from: Absolute Markets Insights

Global Anaesthesia Drugs Market Sees Strong Growth as Demand

Anaesthesia drugs are used to induce a state of unconsciousness and temporary lack of sensation or muscle function during surgical procedures. They are administered through intravenous or inhalation routes and play a critical role in reducing pain and discomfort during medical procedures. The global anaesthesia drugs market has been witnessing steady growth in recent years due to the increasing demand for safe and effective anaesthesia options.

Global anesthesia drugs market was valued at US$ 7.03 Bn in 2021 growing at a CAGR of 3.5% over the forecast period (2022 - 2030). Anaesthesia drugs can be classified into several categories including intravenous anaesthetics, inhalational anaesthetics, and local anaesthetics. Intravenous anaesthetics are the most commonly used in medical procedures due to their fast onset and ability to provide controlled depth of unconsciousness. Inhalational anaesthetics, on the other hand, are used in a variety of surgical procedures and provide a quick and reliable means of inducing anaesthesia.

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The growth of the global anaesthesia drugs market is driven by factors such as the increasing number of surgical procedures, rising demand for safe and effective anaesthesia options, and advancements in the healthcare industry. The increasing focus on patient safety and comfort during surgical procedures has led to a growing demand for anaesthesia drugs.

Additionally, the growing ageing population and increasing incidence of chronic conditions requiring surgical procedures have also contributed to the growth of the market. The increasing adoption of minimally invasive surgical procedures, which require less anaesthesia, has also led to a growing demand for anaesthesia drugs. In terms of geography, North America and Europe are the largest markets for anaesthesia drugs due to the presence of advanced healthcare infrastructure and high adoption of anaesthesia drugs in these regions. Asia Pacific is expected to witness significant growth in the coming years due to the increasing demand for safe and effective anaesthesia options in the region.

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Some of the Key Players Operating in the Global Anaesthesia Drugs Market include:
AbbVie
Aspen Holdings
AstraZeneca
Avet Pharmaceuticals Inc.
Braun SE
Baxter
Fresenius Kabi AG
GSK plc.
Hikma Pharmaceuticals PLC
Par Pharmaceutical

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Key Questions Answered in this Report:
What will be the size of the market and the pace of growth in 2030?
What are the primary drivers of the worldwide market?
What are the main market trends that have an impact on global market growth?
Which are the market growth challenges?
Who are the main global market suppliers?
What are the worldwide market opportunities and challenges for sellers?
What are the primary results of the global Anaesthesia Drugs Market five-point analysis?

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Global Anaesthesia Drugs Market Segmentation:

By Anesthesia Type
General
IV/Monitored Sedation
Regional
Local

By Drug Class
Propofol
Etomidate
Ketamine
Methohexital
Desflurane
Remifentanil
Others

By Route Of Administration
Inhalation
Intravenous
Topical

By Surgery Type
Heart Surgery
Brain Surgery
Back Surgery
Organ Transplants
Knee and Hip Replacements
Others

By End User
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others

By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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