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Global Inhalation Sedatives Market 2023: International Expansion, Future Scope, Global Trends And Forecast To 2032 | Major Players Are AbbVie Inc., Baxter International Inc., Fresenius SE & Co. KgaA, Halocarbon Products Corporation, Hikma Pharmaceuticals
Inhalation Sedatives Market
The Business Research Company's Inhalation Sedatives Global Market Report 2023 identifies short onset and duration times of inhalation sedatives as the major driver for the Inhalation Sedatives Market's growth in the forecast period. Because of the rapid onset of the inhalation sedative and the quick recovery rate, it is appropriate for short procedures, particularly dental surgeries in paediatrics and intensive care units for pain reduction and quick recovery.Nitrous oxide, for example, is the most commonly used inhaled sedative. It is administered as a mixture of 30-70% oxygen, takes about 1-2 minutes to act, and has a 5-minute duration of action.The short time required for the onset of action and its short duration make nitrous oxide the most used inhalation sedative for dental treatment. As a result, the inhalation sedatives market is expected to be driven by their short onset and duration times.
The global inhalation sedatives market grew from $2.03 billion in 2022 to $2.15 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The inhalation sedatives market is expected to grow from $2.57 billion in 2027 at a CAGR of 4.6%.
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Major competitors in the inhalation sedatives market are AbbVie Inc., Baxter International Inc., Fresenius SE & Co. KgaA, Halocarbon Products Corporation, Hikma Pharmaceuticals PLC., Jiangsu Hengrui Medicine Co., and Lunan Pharmaceutical Group Co. Ltd., Novartis AG, Piramal Enterprises Ltd., and Troikaa Pharmaceuticals Ltd.
A key trend in the Inhalation Sedatives Market includes Contradictions associated with inhalation sedatives. Inhalation sedatives, although safe most of the time, can rarely result in adverse events. For instance, inhalation sedatives cannot be used in patients who have undergone a recent ear surgery as they build up pressure in the middle ear. Also, in pregnant women, the use of inhalation sedatives is avoided to minimise the risk of possible toxicity. Sedatives inhaled affect the foetus by interfering with folic acid absorption and causing neurotoxicity in pregnant women.Studies show that prolonged exposure to nitrous oxide may cause reproductive and haematological disorders in the operator.
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The Inhalation Sedatives Market is segmented -
By Product: Sevoflurane, Desflurane, Isoflurane, Nitrous Oxide
By Application: Induction, Maintenance
By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Inhalation Sedatives Market.
The Business Research Company's "Global Inhalation Sedatives Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Inhalation Sedatives Market Include:
1. Executive Summary
2. Inhalation Sedatives Market Characteristics
3. Inhalation Sedatives Market Trends And Strategies
4. Inhalation Sedatives Market - Macro Economic Scenario
5. Inhalation Sedatives Market Size And Growth
……
26. Africa Inhalation Sedatives Market
27. Inhalation Sedatives Market Competitive Landscape And Company Profiles
28. Inhalation Sedatives Pipeline Analysis
29. Key Mergers And Acquisitions In The Inhalation Sedatives Market
30. Inhalation Sedatives Market Future Outlook and Potential Analysis
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