Global Anesthesia Monitoring Devices Market 2024 , Forecast To 2033
7 Mar, 2024
The anesthesia monitoring devices market size has declined in recent years, decreasing from $3.93 billion in 2023 to $3.78 billion in 2024 at a compound annual growth rate (CAGR) of -3.7%, due to factors such as the high cost of devices, maintenance costs, and the impact of COVID-19. Looking ahead, the market is expected to see marginal growth, reaching $3.87 billion in 2028 at a CAGR of 0.6%, attributed to growing healthcare expenditure, remote monitoring and telemedicine, rise in minimally invasive surgery, and economic growth. Major trends include integration with electronic health records (EHR), artificial intelligence (AI) and machine learning, mobile apps and wearables, advanced sensors and connectivity, and non-invasive monitoring technologies.
Global Anesthesia Monitoring Devices Market Key Driver
The anesthesia monitoring devices market anticipates growth driven by the rising number of surgeries globally, particularly for procedures such as hip fracture repair, neurosurgical procedures, cesarean sections, and others. The World Health Organization reported approximately 235 million major surgical procedures worldwide in 2021, highlighting the increasing demand for anesthesia monitoring devices, particularly in ambulatory surgery centers, where surgeries are on the rise.
Get A Free Sample Of The Global Anesthesia Monitoring Devices Market ReportGlobal Anesthesia Monitoring Devices Market Segments
The anesthesia monitoring devices market covered in this report is segmented –
1) By Product: Advanced Anaesthesia Monitors, Basic Anesthesia Monitors, Integrated Anesthesia Workstation
2) By Application: Cardiology, Neurology, Dental, Ophthalmology, Urology, Orthopedics, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Clinics, Nursing Homes
By Geography: The countries covered in the anesthesia monitoring devices market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the anesthesia monitoring devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anesthesia monitoring devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Anesthesia Monitoring Devices Industry Players
Baxter International Inc.; Cardinal Health Inc.; Draegerwerk AG & Co. KGaA; GE Healthcare; Heyer Medical AG; Intersurgical Limited; Medtronic Inc.; Mindray Medical International Limited; Nihon Kohden Corporation; Philips Healthcare; Smiths Medical Inc.; Infinium Medical Inc.; Fukuda Denshi Co. Ltd.; Becton Dickinson and Company; Ambu A/S; Teleflex Incorporated; Ventlab; ACOMA Medical Industry Co.; BPL Medical Technologies; Dixion GmbH; Löwenstein Medical GmbH & Co. KG; Medasense Biometrics Ltd.; Veterinary Anesthesia Systems Inc.; CNSystems Medizintechnik GmbH; Allied Medical Limited; Criticare Technologies Inc.; Shenzhen Mindray Bio-Medical Electronics Co. Ltd.; Masimo Corporation; Spacelabs Healthcare Inc.; Mennen Medical Ltd.; Koninklijke Philips N.V.; BrainU Co. Ltd.; OSI Systems Inc.; Penlon Limited; Natus Medical Incorporated; Schiller AG; Edwards Lifesciences Corporation; Bionet Co. Ltd.; DRE Medical Inc.; Digicare Biomedical Technology Inc.
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Anesthesia Monitoring Devices Market Overview
Anesthesia monitoring devices are the instruments that are used to assess a patient's response towards anesthetic drugs during a surgical procedure. They help the anesthetist to monitor and display the dose of anesthetic drugs used on the patient.