Anesthesia Device Market, by Product Type (Anesthesia Monitoring Systems (Advanced Anesthesia Monitor (Anesthesia Gas Monitors, Depth of Anesthesia Monitors, Standalone Capnography Monitors, and MRI Compatible Anesthesia Monitors) and Basic Anesthesia Monitors), Anesthesia Machine (Portable Anesthesia Machine and Standalone Anesthesia Machine), Anesthesia Workstation, Anesthesia Ventilators, and Anesthesia Disposables and Accessories), by End User (Hospitals, Ambulatory Surgical Centers, and Multispecialty Clinics) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

  • Published On : Mar 2019 |
  • Pages : 172 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

 Anesthesia Device Market Insights

Anesthesia devices includes monitors, continuous-flow anesthetic machines, anesthetics vaporizers, anesthesia information management system (AIMS), and other disposables such as anesthesia breathing circuits, endotracheal tubes, anesthesia gas masks, and laryngeal mask airway. Anesthesia machines are used to administer anesthesia in patients during surgery. These machines deliver variable gas mixtures, which are then delivered to the breathing systems for administering gases to patients using oxygen mask. Patients are administered a mixture of oxygen, nitrous oxide, and other gases that are regulated by anesthetic machines.

The global anesthesia device market size was valued at US$ 10,571.6 million in 2017, and is expected to witness a CAGR of 7.3% during the forecast period (2018 – 2026).

Figure 1. Global Anesthesia Device Market Value Analysis (US$ Mn) and Y-o-Y Growth (%)

Anesthesia Device  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Increasing number of surgical procedures is expected to drive growth of the anesthesia device market

Increasing number of surgical procedures that lead to high demand for anesthesia devices is one of the major drivers for the market growth. For instance, according to Healthcare Cost and Utilization Project, in 2014, around 17.2 million patients visited hospital (ambulatory or inpatient) for invasive and therapeutic surgeries. Of which, 57.8% of surgeries occurred in a hospital-owned ambulatory surgery (AS) setting and 42.2% of surgeries were performed in hospital inpatient settings in U.S..

Moreover, manufacturers are engaged in developing technologically-advanced medical devices, which in turn is contributing to the anesthesia devices market growth. For instance, in January 2019, Mindray Medical International Ltd. launched A-Series Advantage Anesthesia Delivery platform, which is a modular, state-of-the-art family of anesthesia solutions that includes A4, A5, and A7 Advantage systems.

Anesthesia Device Market- Regional Analysis

Regional segmentation of the global anesthesia device market comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America anesthesia device market is expected to account for the largest market share, owing to presence of large number of ambulatory surgical centers (ASCs) and hospital inpatient settings in this region. For instance, in 2017, according to Becker’s ASC Review, there were 5,480 Medicare-certified ASCs and 5,564 registered hospitals in the U.S.

Moreover, manufacturers and healthcare organization in this region are focused on spreading awareness among healthcare providers and surgeons about anesthesia devices used in various surgical procedures. For instance, in May 2018, the American Society of Anesthesiologists (ASA) and CAE Healthcare launched interactive, screen-based simulation training product line Anesthesia SimSTAT. Anesthesia SimSTAT – Appendectomy training is designed to offer physician anesthesiologists to manage challenging anesthetic emergencies in patients undergoing laparoscopic surgeries for acute appendicitis.

Presence of major player such as Medtronic plc, Getinge AB, and Draegerwerk AG & Co. KGaA in European countries is expected to drive growth of the Europe anesthesia device market. For instance, in November 2012, Covidien -- minimally invasive therapies division of Medtronic plc. — announced that UK-based National Institute for Health and Clinical Excellence (NICE) has approved the use of its electroencephalography (EEG)-based monitor — Bispectral Index (BIS) monitor— as an option for measuring depth of anesthesia.

Figure 2: Global Anesthesia Device Market Value (US$ Mn), By Region

Anesthesia Device  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Anesthesia Device Market - Competitive Landscape

Key players operating in the anesthesia device market include, GE Healthcare, Spacelabs Healthcare., Septodont Inc, Draegerwerk AG & Co. KGaA, Beijing Aeonmed Co., Ltd., HEYER Medical AG, ORICARE, Inc., Philips Healthcare, Becton Dickinson and Company, and Getinge AB.

Anesthesia device is a medical tool that is used by surgeon to induce and maintain anesthesia during a patient’s surgery. The device is mainly used to mix anaesthetic gases and vapours. During surgery, anesthesia devices are used to control pain, breathing, blood pressure, blood flow, and heart rate and rhythm. Anesthesia devices includes monitors, continuous-flow anaesthetic machine, anaesthetics vaporizers, anesthesia information management system (AIMS), ventilators, catheters, breathing systems, airways. Anesthesia devices are divided into respiratory devices and vascular access devices.

Market Dynamics

Anesthesia devices are used commonly in all types of surgeries as they are designed to offer an accurate and continuous supply of mixed medical gases with anesthetic vapors, which are delivered to patient at a safe pressure and flow. According to the Centers for Disease Control and Prevention (CDC), in 2010, 16 million operative procedures were performed in the U.S. Increasing number of patients suffering from respiratory diseases is expected to boost growth of the market. According to CDC, in 2016, around 24 million people, including over 6 million children suffered from asthma in the U.S.

Furthermore, increasing launch of advanced anesthesia workstations is expected to boost the market growth. For instance, in February 2012, Intersurgical launched two Anaesthetic Gas Scavenging System (AGSS) Pressure Relief Valves, one for use with 30mm scavenging tube and the other one for use with 22mm scavenging tube allowing the pressure to build up in the breathing system and preventing the patient from exhaling. These valves can be used to release pressure into the atmosphere, thereby reducing the pressure in the breathing system.

Key features of the study:

  • This report provides in-depth analysis of the anesthesia device market size (US$ Mn), and cumulative annual growth rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017, as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global anesthesia device market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include, GE Healthcare, Spacelabs Healthcare., Septodont Inc, Draegerwerk AG & Co. KGaA, Beijing Aeonmed Co., Ltd., HEYER Medical AG, ORICARE, Inc., Philips Healthcare, Becton Dickinson and Company, and Getinge AB.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global anesthesia device market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for anesthesia device market, research and consulting firms, new entrants, and financial analysts

 

Detailed Segmentation:

  • Global Anesthesia Device Market, By Product Type:
    • Anesthesia Monitoring Systems
      • Advanced Anesthesia Monitor
        • Anesthesia Gas Monitors
        • Depth of Anesthesia Monitors
        • Standalone Capnography Monitors
        • MRI Compatible Anesthesia Monitors
      • Basic Anesthesia Monitors
    • Anesthesia Machine
      • Portable Anesthesia Machine
      • Standalone Anesthesia Machine
    • Anesthesia Workstation
    • Anesthesia Ventilators
    • Anesthesia Disposables and Accessories
  • Global Anesthesia Device Market, By End User:
    • Hospitals
    • Ambulatory Surgical Centers
    • Multispecialty Clinics
  • Global Anesthesia Device Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product Type:
        • Anesthesia Monitoring Systems
            • Advanced Anesthesia Monitor
              • Anesthesia Gas Monitors
              • Depth of Anesthesia Monitors
              • Standalone Capnography Monitors
              • MRI Compatible Anesthesia Monitors
            • Basic Anesthesia Monitors
        • Anesthesia Machine
          • Portable Anesthesia Machine
          • Standalone Anesthesia Machine
        • Anesthesia Workstation
        • Anesthesia Ventilators
        • Anesthesia Disposables and Accessories
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Multispecialty Clinics
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type:
        • Anesthesia Monitoring Systems
          • Advanced Anesthesia Monitor
            • Anesthesia Gas Monitors
            • Depth of Anesthesia Monitors
            • Standalone Capnography Monitors
            • MRI Compatible Anesthesia Monitors
          • Basic Anesthesia Monitors
        • Anesthesia Machine
          • Portable Anesthesia Machine
          • Standalone Anesthesia Machine
        • Anesthesia Workstation
        • Anesthesia Ventilators
        • Anesthesia Disposables and Accessories
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Multispecialty Clinics
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Product Type:
        • Anesthesia Monitoring Systems
          • Advanced Anesthesia Monitor
            • Anesthesia Gas Monitors
            • Depth of Anesthesia Monitors
            • Standalone Capnography Monitors
            • MRI Compatible Anesthesia Monitors
          • Basic Anesthesia Monitors
        • Anesthesia Machine
          • Portable Anesthesia Machine
          • Standalone Anesthesia Machine
        • Anesthesia Workstation
        • Anesthesia Ventilators
        • Anesthesia Disposables and Accessories
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Multispecialty Clinics
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product Type:
        • Anesthesia Monitoring Systems
          • Advanced Anesthesia Monitor
            • Anesthesia Gas Monitors
            • Depth of Anesthesia Monitors
            • Standalone Capnography Monitors
            • MRI Compatible Anesthesia Monitors
          • Basic Anesthesia Monitors
        • Anesthesia Machine
          • Portable Anesthesia Machine
          • Standalone Anesthesia Machine
        • Anesthesia Workstation
        • Anesthesia Ventilators
        • Anesthesia Disposables and Accessories
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Multispecialty Clinics
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type:
        • Anesthesia Monitoring Systems
          • Advanced Anesthesia Monitor
            • Anesthesia Gas Monitors
            • Depth of Anesthesia Monitors
            • Standalone Capnography Monitors
            • MRI Compatible Anesthesia Monitors
          • Basic Anesthesia Monitors
        • Anesthesia Machine
          • Portable Anesthesia Machine
          • Standalone Anesthesia Machine
        • Anesthesia Workstation
        • Anesthesia Ventilators
        • Anesthesia Disposables and Accessories
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Multispecialty Clinics
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
      • By Product Type:
        • Anesthesia Monitoring Systems
          • Advanced Anesthesia Monitor
            • Anesthesia Gas Monitors
            • Depth of Anesthesia Monitors
            • Standalone Capnography Monitors
            • MRI Compatible Anesthesia Monitors
          • Basic Anesthesia Monitors
        • Anesthesia Machine
          • Portable Anesthesia Machine
          • Standalone Anesthesia Machine
        • Anesthesia Workstation
        • Anesthesia Ventilators
        • Anesthesia Disposables and Accessories
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Multispecialty Clinics
  • Company Profiles
    • GE Healthcare,*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Spacelabs Healthcare
    • Septodont Inc.
    • Draegerwerk AG & Co. KGaA
    • Beijing Aeonmed Co., Ltd.
    • HEYER Medical AG
    • ORICARE, Inc.
    • Philips Healthcare
    • Becton Dickinson and Company
    • Getinge AB.

 “*” marked represents similar segmentation in other categories in the respective section

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Technology Advancements
    • Merger and Acquisition
    • Regulatory Scenario
    • PORTER’S Five Forces
    • PEST Analysis
  4. Global Anesthesia Device Market, By Product Type, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Anesthesia Monitoring Systems
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Advanced Anesthesia Monitor
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Anesthesia Gas Monitors
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Depth of Anesthesia Monitors
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Standalone Capnography Monitors
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • MRI Compatible Anesthesia Monitors
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Basic Anesthesia Monitors
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Anesthesia Machine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Portable Anesthesia Machine
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Standalone Anesthesia Machine
            • Introduction
            • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Anesthesia Workstation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Anesthesia Ventilators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Anesthesia Disposable and Accessories
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  5. Global Anesthesia Device Market, By End User, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Ambulatory Surgical Centers (ASCs)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Multispecialty Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  6. Global Anesthesia Device Market, By Region, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
      • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • GE Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Spacelabs Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Septodont Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Draegerwerk AG & Co. KGaA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Beijing Aeonmed Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • HEYER Medical AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • ORICARE, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Philips Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Becton Dickinson and Company.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
      • Getinge AB.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 26 market data tables and 28 figures on “Anesthesia Device Market” - Global forecast to 2026”.

 

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
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  • Distributors
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