Global Anesthesia Devices Market Is Expected to Reach $28.3 Billion by 2030: Allied Market Research

According to the report published by Allied Market Research, the global Anesthesia Devices Market generated $13.5 billion in 2020, and is projected to reach $28.3 billion by 2030, witnessing a CAGR of 8.1% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Technological advancements in anesthesia monitoring, rise in the number of surgeries, and surge in geriatric population drive the growth of the global anesthesia devices market. However, high equipment & labor cost and regulatory compliances the market to some extent. On the other hand, increase in demand for quality healthcare monitoring presents new opportunities in the upcoming years.

The report offers detailed segmentation of the global anesthesia devices market based on drug class, application, distribution channel, and region.

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Based on drug class, the anesthesia delivering machine segment held the highest market share in 2020, holding more than half of the total market share, and is expected to continue its leadership status during the forecast period. However, the anesthesia monitors segment is estimated to register the highest CAGR of 9.5% from 2021 to 2030.

Based on distribution channel, the hospitals segment held the largest market share in 2020, holding nearly three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. However, the same segment is projected to register the highest CAGR of 8.7% from 2021 to 2030.

Based on region, North America contributed to the highest share in terms of revenue in 2020, holding nearly two-fifths of the total market share, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific is projected to manifest the fastest CAGR of 10.8% during the forecast period. Other regions discussed in the report include Europe and LAMEA.

Leading players of the global anesthesia devices market analyzed in the research include General Electric, 3M Company, Ambu A/S, Becton, Dickinson and Company, Draegerwerk AG & Co. KGAA., Smith Medical, SunMed, Teleflex Incorporated, Koninklijke Philips N.V., and B. Braun Melsungen AG.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of 'Market Research Reports' and 'Business Intelligence Solutions'. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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