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Anesthetics Global Market Expected to Grow to $12.34 Billion at a CAGR of 4.1% By 2027 | Key Players: Baxter, Abbott Laboratories, AstraZeneca, Braun Melsungen AG, AbbVie Inc.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Anesthetics Global Market Report 2023 identifies the the increase in the number of surgeries is one of the major drivers of the market due to the applications of anesthetic drugs during surgical procedures. This rise is mainly due to increasing incidents of injuries and accidents that require surgeries.
The global anesthetics market size will grow from $9.97 billion in 2022 to $10.49 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. 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 market size of the global anesthetics is expected to grow to $12.34 billion in 2027 at a CAGR of 4.1%.
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Major players in the anesthetics market are Baxter, Abbott Laboratories, AstraZeneca, F. Hoffmann-La Roche AG, B. Braun Melsungen AG, AbbVie Inc., Hospira, Aspen, BoehringerIngelheim International GmbH and Eisai Co. Ltd.
Stringent guidelines and regulations imposed by regulatory bodies are one the important restraints for the anesthetics market. These guidelines include conducting clinical trials of newly developed drugs, standards related to patient safety, and monitoring of patients under anesthesia.
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The Anesthetics Market Is Segmented -
• By Type: General Anesthetics, Local Anesthetics
• By Application: General Surgeries, Plastic Surgery, Cosmetic Surgeries, Dental Surgeries, Other Applications
• By Route of Administration: Inhalation Anaesthesia Drugs, Intravenous Anaesthesia Drugs, Topical Anaesthesia Drugs
• By Local Anesthetics: Bupivacaine, Ropivacaine, Lidocaine, Chloroprocaine, Articaine, Benzocaine, Other Local Anesthesia Drugs
• By General Anesthetics: Propofol, Sevoflurane, Desflurane, Dexmedetomidine, Remifentanil, Midazolam, Other General Anesthesia Drugs
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Anesthetics market.
The Business Research Company's "Global Anesthetics 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 Anesthetics Market Include:
1. Executive Summary
2. Anesthetics Market Characteristics
3. Anesthetics Market Trends And Strategies
4. Anesthetics Market - Macro Economic Scenario
5. Anesthetics Market Size And Growth
.....
26. Africa Anesthetics Market
27. Anesthetics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Anesthetics Market
29. Anesthetics Market Future Outlook and Potential Analysis
30. Appendix
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