Anesthesia Equipment Market worth $11.0 billion by 2028 | GE Healthcare (US), Dragerwerk Ag & Co. KGAA (Germany), Koninklijke Philips N.V. (Netherlands)

Anesthesia Equipment Market in terms of revenue was estimated to be worth $8.0 billion in 2023 and is poised to reach $11.0 billion by 2028, growing at a CAGR of 6.7% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in this market can primarily be attributed to the growing number of surgeries owing to the prevalence of various diseases. Anesthesia plays a key role, since every patient that undergoes surgery is anesthetized to manage the pain during the course of surgery. The major surgical procedures performed globally are orthopedics, cardiology, and neurology, owing to the high prevalence of these medical conditions. Such a high number of surgical procedures are expected to propel growth of the global anesthesia devices market.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52398227&utm_source=Openpr&utm_campaign=Paid&utm_content=Referral

Anesthesia devices accounted for the largest share of the anesthesia equipment market.

Based on the type, the anesthesia equipment market is segmented into anesthesia devices and anesthesia disposables. In 2022, anesthesia devices hold the major share of anesthesia equipment market. The large share of the anesthesia devices segment can be attributed to the rising focus on patient safety, growing geriatric population and expansion of healthcare infrastructure.

The hospitals segment accounted for the largest share of the anesthesia equipment market.

Based on the end user, the anesthesia equipment market is segmented into hospitals, clinics, ambulatory surgical centers, and other end users. In 2022, the large share of the hospitals segment can be attributed to the growing investments in healthcare sector. Many private enterprises are taking steps to cater to the needs of modern and well-equipped state-run healthcare facilities in key regions. The private hospital sector is expected to maintain higher growth over the coming years owing to regulatory changes, market demand, and capital investments.

North America segment accounted for the largest share of the anesthesia equipment market.

The global anesthesia equipment market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2022, North America segment accounted for the largest share of the anesthesia equipment market. The large share of North America in the global market is attributed to the high investments by hospitals, strong focus on research activities to improve surgical techniques.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=52398227&utm_source=Openpr&utm_campaign=Paid&utm_content=Referral

Anesthesia Equipment Market Dynamics:

Drivers:

Rising prevalence of chronic disorders

Restraints:

Unfavorable reimbursement scenario

Opportunities:

High growth in developing countries

Challenges:

Hospital budget cuts

Key Market Players:

The major players in the anesthesia equipment market include GE Healthcare (US), Dragerwerk Ag & Co. KGAA (Germany), Koninklijke Philips N.V. (Netherlands), Ambu AS (Denmark), Medline Industries Inc. (US).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=52398227&utm_source=Openpr&utm_campaign=Paid&utm_content=Referral

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™:

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

This release was published on openPR.