Meticulous Research®, a leading global market research firm, has published a comprehensive report titled "Anesthesia Machines Market by Offering (Anesthesia Workstation, Delivery Systems, Portable, Monitor, Ventilator, Circuit, Mask, Vaporizer), Application (Orthopedic, Neurology, Cardiology, Urology), End User (Hospital, Clinic, ASC) - Global Forecast to 2030."
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Market Growth and Projections:
The global anesthesia machines market is expected to reach $7.71 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.5% during the forecast period. Key growth drivers include the rising number of surgical procedures, increasing prevalence of chronic diseases, an aging global population, and ongoing technological advancements in anesthesia devices. Additionally, a greater focus on patient comfort is creating significant opportunities for market participants.
Market Segmentation: The report offers detailed segmentation of the anesthesia machines market:
Offerings:
• Anesthesia Workstations
• Delivery Systems
• Portable Anesthesia Machines
• Anesthesia Ventilators
• Anesthesia Monitors
• Accessories (Breathing Circuits, Vaporizers, Anesthesia Masks, Endotracheal Tubes, Laryngeal Tubes, Laryngeal Mask Airways, Other Accessories)
In 2023, the Anesthesia Workstations segment is expected to dominate the market, driven by the high number of surgical procedures, the significant burden of chronic diseases, and the adoption of these workstations in developed countries. Anesthesia workstations are preferred for their multifunctionality, integrating gas delivery systems, vaporizers, patient monitoring devices, and ventilators into a single, efficient unit.
Applications:
The orthopedic segment is projected to hold the largest market share in 2023 due to the increasing number of joint replacement surgeries and orthopedic procedures, driven by injuries from accidents and the high prevalence of musculoskeletal disorders.
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End Users:
Hospitals are expected to exhibit the fastest growth rate among end users during the forecast period. This growth is driven by the rising demand for surgical procedures, the expansion of healthcare infrastructure, and strategic collaborations between hospitals and anesthesia machine manufacturers. The global burden of diseases and an aging population further increase the demand for surgical interventions, making hospitals primary sites for such procedures.
Geographic Insights:
North America is expected to lead the anesthesia machines market in 2023, followed by Europe and the Asia-Pacific region. The U.S. is projected to be the largest market within North America, supported by advancements in medical and surgical technologies, a high prevalence of chronic diseases, a significant number of surgeries performed annually, and substantial healthcare expenditures.
Key Market Players:
Leading companies in the anesthesia machines market include Medtronic PLC (Ireland), Draegerwerk AG (Germany), Koninklijke Philips NV (Netherlands), GE HealthCare Technologies Inc. (U.S.), Becton Dickinson and Company (U.S.), Fisher & Paykel Healthcare (New Zealand), B. Braun SE (Germany), HEYER Medical AG (Germany), Mindray Medical International Limited (China), Smiths Group plc (U.K.), OSI Systems, Inc. (U.S.), Getinge AB (Sweden), Ambu A/S (Finland), and BPL Medical Technologies (India).
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