Press release
Anesthesia CO2 Absorbent Market Size, Share, Top Leaders and Report Analysis 2023-2028
How Big Is the Anesthesia CO2 Absorbent Market?The global Anesthesia CO2 absorbent market reached a value of US$ 73.9 Million in 2022. It is projected to reach a value of US$ 111.5 Million by 2028, exhibiting a CAGR of 6.3% during 2023-2028.
Industry Overview of Anesthesia CO2 Absorbent Market
Anesthesia CO2 absorbents are a specialized component within the realm of anesthesia disposables. Their primary function is to absorb exhaled gases during the administration of anesthesia. These absorbents are typically composed of potent bases like potassium hydroxide and sodium hydroxide, which play a crucial role in capturing labile protons from anesthetic molecules, converting them into carbon monoxide (CO), and thereby minimizing anesthetic waste. Devices containing CO2 absorbers are integrated into the ventilation system of anesthesia machines, positioned between the inspiratory and expiratory branches of a circle circuit. It's worth noting that certain absorbents lack potassium and sodium hydroxide and do not produce carbon monoxide when interacting with inhaled agents. Instead, they work by regulating the flow of fresh gas to maintain closed-circuit conditions, allowing for the rebreathing of exhaled anesthetic agents.
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Anesthesia CO2 Absorbent Market Trends and Drivers:
The anesthesia CO2 absorbent market is experiencing notable growth due to various factors. One of the primary drivers is the increasing incidence of cardiac disorders, respiratory diseases, and diabetes, which necessitate anesthesia administration. Additionally, the expanding elderly population, more prone to medical conditions requiring surgical interventions, is contributing positively to the global market. Furthermore, the surging demand for anesthesia disposables, driven by a rising number of surgeries in diverse healthcare settings, is a significant growth factor. Stringent safety regulations imposed by government authorities on the use of anesthetic drugs and equipment in the medical sector are also propelling market growth. Moreover, substantial investments in research and development by key industry players to develop advanced formulations, coupled with individuals' increased healthcare expenditure capabilities, are expected to fuel the anesthesia CO2 absorbent market in the foreseeable future.
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Global Anesthesia CO2 Absorbent Market 2022-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Armstrong Medical Ltd. (Eakin Healthcare Group Ltd), Atrasorb, Drägerwerk AG & Co. KGaA, General Electric Company, Intersurgical Ltd., Löwenstein Medical SE & Co. KG, Micropore Inc., Molecular Products Group plc (Filtration Group Corporation) and Smiths Medical Inc. (ICU Medical Inc.).
The report has segmented the market based on region, product, type, and end use industry.
Breakup by Product:
• Soda Lime
• Medisorb
• Dragersorb
• Amsorb
• Litholyme
• Others
Breakup by Type:
• Premium
• Traditional
Breakup by End User:
• Hospitals
• Clinics
• Others
Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
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