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Anesthesia Machines Market 2024 Industry Insights, Business Growth, Trends And Forecast To 2033 | Major Players Are General Electric Company, Medtronic PLC, Medline Industries Inc., Koninklijke Philips N.V., Datex-Ohmeda Inc.
Anesthesia Machines Market
The Business Research Company presents an extensive market research report on the Anesthesia Machines Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The anesthesia machines market size has grown rapidly in recent years. It will grow from $20.94 billion in 2023 to $23.24 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to growing surgical procedures, focus on patient safety, rise in chronic diseases, government regulations and standards, hospital infrastructure development.
The anesthesia machines market size is expected to see rapid growth in the next few years. It will grow to $34.2 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to demand for portable and compact systems, focus on eco-friendly and sustainable solutions, telemedicine and remote monitoring integration, advancements in anesthetic drug delivery systems, global market expansion. Major trends in the forecast period include regulatory adaptation to technology changes, integration of digital health technologies, technological advancements in anesthesia systems, integration of artificial intelligence, sustainability initiatives.
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Key Market Players:
Major companies operating in the anesthesia machines market report are General Electric Company, Medtronic plc, Medline Industries Inc., Koninklijke Philips N.V., Datex-Ohmeda Inc., Covidien plc, B. Braun Holding GmbH & Co. KG, Mindray Medical International Limited, Dragerwerk Ag & Co. KGAA, Teleflex Incorporated, Getinge Group, Smiths Medical Inc., Masimo Corporation, Fisher & Paykel Healthcare Corporation Limited, Spacelabs Healthcare LLC, Oricare Inc., OSI Systems Inc., Shenzhen Landwind Medical Co. Ltd., Infinium Medical Inc., Midmark Corporation, Ambu AS, Penlon Limited, Aeonmed Co.Ltd., Beijing Siriusmed Medical Device Co.Ltd., Heyer Medical AG, Dameca A/S, Carefusion Corporation, DRE Inc., Shenzhen Comen Medical Instruments Co. Ltd., HERSILL S.L., Allied Medical Limited, BPL Medical Technologies Pvt. Ltd.
Market Drivers:
The increasing number of surgeries is a major driver for the anesthesia machines market. This is because anesthetic machines are one of the important pieces of equipment used for surgeries to ensure that patients do not feel pain during surgeries. With the increasing number of chronic illnesses like cataracts, nervous disorders, muscle repair, oral problems, and abdominal issues that require surgeries, the use of anesthesia machines has also increased. According to an article published by the British Journal of Anaesthesia, an annual average of 7.9 million procedures (inclusive category), 5.1 million procedures (intermediate category), and 1.5 million procedures (restrictive category) were performed in hospitals in the UK.
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https://www.thebusinessresearchcompany.com/report/anesthesia-machines-global-market-report
The anesthesia machines market covered in this report is segmented -
1) By Product: Mobile Anesthesia Machines, Standalone Anesthesia Machines
2) By Type: Continuous Anaesthesia Machines, Intermittent Anaesthesia Machines, Other Types
3) By End User: Hospital, Clinics, Ambulatory Surgical Centers
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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