openPR Logo
Press release

Inhalation Anesthesia Market worth $1.66bn by 2024

04-20-2017 01:06 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

The research report “Inhalation Anesthesia Market Size By Product (Sevoflurane, Desflurane, Isoflurane), By Application (Induction, Maintenance Anesthesia), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Spain, Italy, China, Australia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc. says, Inhalation Anesthesia Market size is estimated to reach USD 1.66 billion by 2024.

Geriatric population is more susceptible to chronic diseases such as cancer, cardiovascular, neurological and respiratory disorders. As per AHRQ, patients older than 65 years represented 40% of hospitalized adults in the U.S. in 2008.
Hospitalizations for older adults are expected to rise in future, thus driving inhalation anesthesia market size. Prevalence of chronic diseases such as cancer, neurological, cardiovascular and respiratory disorders is on rise. For instance, 65 million people suffer from moderate to severe COPD globally, which is also forecast to fuel inhalation anesthesia industry revenue in the coming years.

Request for a sample of this research report -

The number of emergency surgeries has driven the count for hospitalization admissions. As per CDC, 16.2 million emergency visits resulted in hospital admissions in 2011. The increased number of hospitalizations along with favorable public and private insurance will drive usage in hospitals. Growing adoption of universal health coverage and healthcare infrastructure development in emerging regions will contribute to demand in public as well as private healthcare setups.
Dominating sevoflurane share is due to its several advantages over other anesthetics such as lower pungency, faster induction and lower air way irritability. Sevoflurane was valued at USD 882 million in 2015 with grow expectations of 3.4% CAGR during forecast period. The desflurane market is expected to grow at 2.3% CAGR and forecasted to exceed USD 300 million by 2024.

The demand for recycling of anesthetic gases will experience significant growth owing to increased awareness and their impact on global warming. Industry players are focusing on developing scavenging technologies for effective recycling of these gases. A standard practice of installation of Waste Anesthetic Gas Disposal Systems (WAGD) in hospitals will drive the global demand for recycling systems.

North American revenue is driven by U.S. inhalation anesthesia market share, due to rising prevalence of chronic diseases and increase in surgical procedures among hospitalized patients. The favorable reimbursement policies and presence of developed healthcare infrastructure will stimulate growth. China dominates the Asia Pacific industry, and occupied over a quarter of the regional revenue in 2015. This growth is credited to growing older age population and increasing prevalence of chronic diseases.

Browse key industry insights spread across 126 pages with 148 tables & 8 market data figures & charts from the report Inhalation Anesthesia Market in detail along with the table of contents:

Key insights from the report include:

• Global inhalation anesthesia market size was USD 1.2 billion in 2015, and projected to reach USD 1.69 billion by 2024, slated to grow at 3.5% CAGR from 2016 to 2024.

• In terms of volume, the global anesthesia market was 10.5 million bottles (250 ml each) in 2015, and projected to grow at 4% CAGR to reach 14.9 million bottles by 2024.

• Sevoflurane is expected to dominate the overall revenue throughout the forecast timeline. Germany and UK together contributed 54% to the Europe inhalation anesthesia market share in 2015.

• Maintenance anesthesia is responsible for over 85% of the global sevoflurane, desflurane and isoflurane revenue.

• Key players include AbbVie, Halocarbon products, Lunan Pharmaceuticals, Hikma, Piramal Healthcare, Baxter International Inc., etc. The key strategy adopted by these companies include mergers and acquisitions in order to consolidate inhalation anesthesia market share.

Report Content:

Chapter 1. Methodology and Scope

1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data Sources

Chapter 2. Executive Summary

2.1. Inhalation anesthesia drugs industry 3600 synopsis, 2012 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product trends

Chapter 3. Inhalation Anesthesia Industry Insights

3.1. Industry segmentation
3.2. Industry Size and forecast, 2012 - 2024
3.3. Industry Impact forces
3.3.1. Growth drivers Increasing incidence of Chronic diseases CVS, Respiratory, Cancer Growing geriatric population Increased ambulatory surgeries
3.3.2. Industry pitfalls & challenges Adverse effects of anesthesia
3.4. Growth potential analysis
3.5. Porter’s analysis
3.6. PESTEL analysis

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Inhalation Anesthesia Market worth $1.66bn by 2024 here

News-ID: 508890 • Views: 416

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases

More Releases for Industry

Hydro Lubricants Market Size, Analysis, and Forecast Report 2018 to 2026(By Indu …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing
Hydro Lubricants Market Insights, Trends & Future Development Status Recorded du …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing
Global Pyrite Market 2019 | Applications: Jewelry Industry, Sulfur Compounds Ind …
The major factor driving the pyrite market is the rising demand of jewelry and sulfur compounds market. This report researches the worldwide Pyrite market size (value, capacity, production, and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Pyrite breakdown data by manufacturers, region, type, and application, also analyzes the market status, market share, growth rate, future trends, market
Big Bag Connection System Market Segmented By technology Automatic, Semi-Automat …
Global Big Bag Connection System Market: An Overview The key advancement in automation encourages manufacturers to adopt smart systems to increase productivity and to facilitate timely production. Owing to the perception of consumers as well as manufacturers regarding health and hygiene of product, the big bag connection system market is anticipated to propel during the forecast period. Big bag connection system ensure dust -free docking of big bags and provide flexibility
Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medic …
Researchmoz added Most up-to-date research on "Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medicine Industry, Electronic Industry and Paint Industry" to its huge collection of research reports. This report studies Nutraceuticals in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers
Europe Plastic Pallet Market Size, Shares, Forecast Report 2016 : Food Industry, …
This report studies sales (consumption) of Plastic Pallet in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering ShangHai Pallet Plastic Industry Co., Ltd. Shanghai Lika Plastic Manufacturing Co., Ltd. Guangzhou Plastic Industrial Corporation Ltd Shandong Liyang Plastic Molding Co.,Ltd Xinding Plastic ZheJiang Primacy Plastic Industry Co., Ltd Shanghai Qinghao Plastic Pallet Manufacture