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Majority of anesthesia machines manufacturers are actively focusing on raising the standards of medical technology in the field of anesthesiology. Increasing need for more efficient and safer medical case support systems coupled with development of advanced anesthesia supply systems is facilitating the growth of the global anesthesia machines market. This FactMR report analyzes the expansion of global anesthesia machines market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022. Anesthesia machines are usually operated by medical professionals who hold expertise in anesthesiology. An anesthesia machine is an integral part of hospital care system and is also considered one of the essential medical apparatus in nursing homes and ambulatory units. Modern anesthesia machines greatly increase patient safety. Over the years, these machines have undergone relentless technological transformation. Oppose to the conventional pneumatic systems, the contemporary versions are more sophisticated, fully-integrated and computer-based. As the global population continues to surge, more number of minimally invasive surgeries are taking place in a day-to-day basis, which is reflecting favorably on the global sales of anesthesia machines. Moreover, incessant technological advancements in anesthetic systems is boosting their adoption in the healthcare industry. The increasing geriatric population and rising prevalence of chronic disorders such as diabetes, high cholesterol, and cancer is expected to influence the global anesthesia machines market in the near future.
The anesthesia machine or Boyle's machine is a medical care equipment used by anesthesiologist assistants, anesthesiologists and nurse anesthetists to facilitate the administration of anesthesia. Currently, most machines support the continuous-flow anesthetic system, which is designed to manage a continuous and accurate flow of medical gases (such as nitro oxide or oxygen), diluted with a measured concentration of anesthetic gas. Anesthesia machines ensure uninterrupted and controlled supply of anesthetic gases to the patient. Modern machines are integrated with patient monitoring devices, suction unit and ventilator.
FactMR’s report projects that this market will register an above-average CAGR during the forecast period (2017-2022) to surpass a valuation of US$ 12,587 Mn. Factors such as rising healthcare expenditure, growing medical tourism and higher rates of surgical procedures will support the growth of the market.
The anesthesia machines market in North America is expected to retain its top position over 2022. This is primarily owing to the high adoption rate of advanced medical care systems including anesthesia machines. North America’s anesthesia machines market is projected to expand at a CAGR of 5.6% over the forecast period. Meanwhile, the market is also expected to witness a considerable growth in Asia Pacific excluding Japan (APEJ) region. Increasing healthcare awareness and rising disposable income in emerging countries such as China and India will be supporting the growth of the market in the region.
On the basis of modality, sales of standalone anesthesia machine currently account for more than 56% revenue share of the market. By the end of the forecast period, over US$ 7,000 Mn worth standalone anesthesia machine are estimated to be sold across the globe. During the same period, demand for portable anesthesia machines is also expected to witness a healthy uptick.
Leading market players mentioned in the FactMR’ report include DRE Medical, Spacelabs Healthcare, Dragerwerk AG, Midmark Corporation, Shenzhen Comen Medical Instruments Co. Ltd, Heyer Medical AG, Dameca A/S, Infinium Medical Inc, Koninklijke Philips N.V, and General Electric Company.
Table of Contents
- Global Anesthesia Machines Market - Executive Summary
- Global Anesthesia Machines Market Overview
2.1.1. Global Anesthesia Machines Market Taxonomy
2.1.2. Global Anesthesia Machines Market Definition
2.2. Global Anesthesia Machines Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Anesthesia Machines Market Y-o-Y Growth
2.3. Global Anesthesia Machines Market Dynamics
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