Press release
Sedaconda's Global Expansion And Impact On Inhalation Anesthesia Trend: A Crucial Influence on the Inhalation Anesthesia Market's Transformation in 2025
How Are the key drivers contributing to the expansion of the inhalation anesthesia market?The surge in the elder population is predicted to accelerate growth of the inhalation anesthesia sector in the forecast horizon. An aging populace enhances the inhalation anesthesia sphere as they are highly susceptible to age-related and chronic disorders, subsequently resulting in an increase in therapeutic procedures and operations. Furthermore, the growing demographic of older individuals, more prone to conditions such as cardiovascular, neurological, breathing, and age-related diseases, is fuelling market expansion. Administering anesthesia via intravenous methods to the elderly is oftentimes challenging due to issues related to ruptured blood vessels and patient cooperation. For instance, the World Health Organization, an international public health body headquartered in Switzerland, projected in October 2022 that the global population of individuals aged 60 and above is likely to rise to 1.4 billion by 2022 from 1 billion in 2020. Furthermore, by 2030, 1 in every 6 people globally will be aged above 60. Consequently, the booming aging population is anticipated to escalate the demand for inhalation anesthesia within the forecast horizon.
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What growth opportunities are expected to drive the inhalation anesthesia market's CAGR through 2034?
The market for inhalation anesthesia has seen robust expansion in the preceding years. The market size is forecasted to increase from $1.54 billion in 2024 to $1.65 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.9%. Factors contributing to this growth in the historic periods include the increasing number of surgeries requiring anesthesia, a rise in the elderly population, advancements in the field of inhalation anesthetics, the broadening network of ambulatory surgical centers, and the growing incidence of long-term illnesses such as heart disease and cancer.
Expectations are high for substantial expansion in the inhalation anesthesia market in the forthcoming years, with projections indicating growth up to $2.34 billion by 2029, equivalent to a compound annual growth rate (CAGR) of 9.1%. Several contributing factors underpin this prediction, including an increase in demand for less invasive surgical procedures, a spike in worldwide healthcare spending, the rising volume of surgeries being performed in developing markets, the adoption of inhalation anesthesia practices within the veterinary sector, and an uptick in government funding for cutting-edge anesthetics research and development. Key emerging trends to watch during this forecast period encompass tech advancements in anesthesia delivery systems, the creation of inhalation anesthesia apparatuses for children, a shift towards using sevoflurane and desflurane, emphasis on environmentally-friendly anesthetic agents, and the inclusion of monitoring technologies within anesthesia administration.
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What are the emerging trends shaping the future of the inhalation anesthesia market?
In order to meet industry needs and improve their global market status, many businesses involved in inhalation anesthesia are working on innovative products like Sedaconda. Sedaconda, a hospital-based inhaled sedation therapy delivered by the Anaesthetic Conserving Device (ACD), has been approved for use in intensive care. Sedana Medical AB, a medical technology and pharmaceutical firm from Sweden, brought Sedaconda (isoflurane) to the German market in February 2022. Sedaconda ACD, a medical device, dispenses Sedaconda (isoflurane), which is the only authorized inhaled sedation therapy for usage in intensive care. After receiving the European DCP approval in July 2021, Sedaconda (isoflurane) has been nationally approved in 14 countries.
Which growth-oriented segments of the inhalation anesthesia market are leading the industry's development?
The inhalation anesthesia market covered in this report is segmented -
1) By Product: Sevoflurane, Desflurane, Isoflurane, Nitrous Oxide
2) By Application: Induction, Maintenance
3) By End User: Hospitals, Ambulatory Surgical Centers
Subsegments:
1) By Sevoflurane: Liquid Form, Gas Form
2) By Desflurane: Liquid Form, Gas Form
3) By Isoflurane: Liquid Form, Gas Form
4) By Nitrous Oxide: Medical-Grade Nitrous Oxide, Industrial-Grade Nitrous Oxide
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What regions are leading the charge in the inhalation anesthesia market?
North America was the largest region in the inhalation anesthesia market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the inhalation anesthesia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the inhalation anesthesia market?
Major companies operating in the inhalation anesthesia market include Abbvie Inc., Baxter International Inc., Fresenius SE & Co. KGaA, Halocarbon Products Corporation, Hikma Pharmaceuticals PLC, B. Braun Melsungen AG, Lunan Pharmaceutical Group Co. Ltd., Maruishi Pharmaceutical Co. Ltd., Mylan N. V., Piramal Enterprises Ltd., Recipharm AB, Sandoz International GmbH, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Wockhardt Ltd., AstraZeneca PLC, C. H. Boehringer Sohn AG & Co. KG, Bristol-Myers Squibb Company, Eisai Co. Ltd., GlaxoSmithKline PLC, Johnson & Johnson Inc., Merck & Co. Inc., Novartis AG, Pfizer Inc., F. Hoffmann-La Roche AG, Sanofi S. A., Takeda Pharmaceutical Company Limited, Teijin Pharma Limited, UCB S. A., Zydus Lifesciences Limited
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What Is Covered In The Inhalation Anesthesia Global Market Report?
•Market Size Forecast: Examine the inhalation anesthesia market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the inhalation anesthesia market for a structured understanding.
•Key Players Overview: Analyze major players in the inhalation anesthesia market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the inhalation anesthesia market.
•Segment Contributions: Evaluate how different segments drive overall growth in the inhalation anesthesia market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the inhalation anesthesia market.
•Industry Challenges: Identify potential risks and obstacles affecting the inhalation anesthesia market.
•Competitive Landscape: Review strategic developments in the inhalation anesthesia market, including expansions, agreements, and new product launches.
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