Market Overview:
The global anesthesia machinery market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing number of surgeries, rising geriatric population, and technological advancements in anesthesia machines. Based on type, the global anesthesia machinery market is segmented into air anesthesia machine, DC Anesthesia Machine, and closed anesthesiology machine. Air anesthesiology machines are further classified into traditional open systems and modern closed systems. Closed anesthesiology machines are further classified into single-use disposable systems and reusable systems. In terms of application, the global anesthesia machinery market is segmented into hospitals and clinics. Geographically, the global anesthesia machinery market is segmented into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA). Some of the major players operating in this market include GE Healthcare (US), Drägerwerk AG & Co KGaA (Germany), Philips Healthcare (Netherlands), Becton Dickinson Company(US) , CareFusion Corporation(US) , Covidien plc.
Product Definition:
Anesthesia machines are devices that deliver anesthetic gases to patients during surgery. The anesthesia machine is important because it allows the surgeon to control the level of anesthesia that the patient receives.
Air Anesthesia Machine:
Anesthesia machines are devices used to provide anesthetic during surgeries. The growth factor in this market is increasing demand for Anesthesia Machinery, which is attributed to the growing number of surgical procedures globally and the need for pain management post-surgery. According to a study conducted by the American Society of Anesthesiologists (ASA), it was estimated that around 16 million surgical procedures are performed annually in U.S.
DC Anesthesia Machine:
DC anesthesia machine is used in operating room during surgery to provide general anesthesia. It's working principle is same as that of gas operated machines like CPAP, BiPAP etc., which are used for treating sleep apnea. The main difference between these two devices is that DC device works on the principle of vacuum and does not require any filters or humidifiers like other forms of mechanical ventilation do.
Application Insights:
Based on the application, the global anesthesia machinery market is segmented into hospital and clinic. The hospital segment dominated the overall market in terms of revenue in 2017. This is attributed to factors such as a high prevalence of surgical procedures globally and increasing investments by governments in building hospitals or upgrading existing hospitals. For instance, according to WHO, there will be around 1.3 billion surgeries performed annually by 2030 which requires various types of anesthesia machines for its execution; this scenario has led to an increased demand for these machines at a global level over the past few years.
The Clinic segment is expected to grow at a faster rate than that of hospital during forecast period owing to factors such as availability of advanced technology equipment with easy access from anywhere via internet coupled with rising awareness about pain management.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable government initiatives, increasing awareness about anesthesia machines and their benefits, presence of well-established healthcare facilities, and availability of highly skilled professionals. Moreover, high adoption rate for technologically advanced devices is also expected to drive the regional market during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising medical tourism in emerging countries such as India and China. In addition, an increase in hospital construction projects may also contribute toward regional growth during the same period due to growing demand for better healthcare facilities by its people; thereby driving overall revenue share of this region with 23%.
Moreover, a large number of surgical procedures are performed throughout Asia Pacific that needs proper anesthesia equipment which would require maintenance & repair or replacement every now & then; thus driving component sales for these markets at a steady pace throughout this study's timeframe from 2018 To 2030 (estimated).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for anesthesia machinery is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which require less anesthesia and result in shorter hospital stays and faster recoveries.
- Technological advancements: The development of new anesthetic machines that are more user-friendly and offer greater safety is likely to drive the growth of this market during the forecast period. For instance, in March 2017, GE Healthcare announced the launch of its new Anesthesia Delivery System (ADS) 1000 Plus machine, which offers features such as automatic leak detection and patient monitoring capabilities.
- Rising geriatric population: The global geriatric population is expected to grow at a CAGR of 6% during the forecast period, thus leading to an increase in demand for anesthesia machinery products that are suitable for use on elderly patients. For instance, in February 2017, Dräger Medical launched its X-plore 8600 anaesthesia machine designed specifically for use on elderly patients undergoing surgery or other medical procedures requiring general anaesthesia .
Scope Of The Report
Report Attributes
Report Details
Report Title
Anesthesia Machinery Market Research Report
By Type
Air Anesthesia Machine, DC Anesthesia Machine, Closed Anesthesia Machine
By Application
Hospital, Clinic
By Companies
Cardinal Health Inc, Dragerwerk AG, Fisher & Paykel Healthcare Limited, GE Healthcare, Getinge AB, Heyer Medical, Koninklijke Philips NV, Masimo Corporation, Medtronic PLC, Midmark Corporation, Cardinal Health Inc, Smiths Group PLC, Spacelabs Healthcare, Teleflex Incorporated, Vyaire Medical Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Anesthesia Machinery Market Report Segments:
The global Anesthesia Machinery market is segmented on the basis of:
Types
Air Anesthesia Machine, DC Anesthesia Machine, Closed Anesthesia Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cardinal Health Inc
- Dragerwerk AG
- Fisher & Paykel Healthcare Limited
- GE Healthcare
- Getinge AB
- Heyer Medical
- Koninklijke Philips NV
- Masimo Corporation
- Medtronic PLC
- Midmark Corporation
- Cardinal Health Inc
- Smiths Group PLC
- Spacelabs Healthcare
- Teleflex Incorporated
- Vyaire Medical Inc
Highlights of The Anesthesia Machinery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Anesthesia Machine
- DC Anesthesia Machine
- Closed Anesthesia Machine
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Anesthesia Machinery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Anesthesia machinery is a set of devices and machines used to provide anesthesia during medical procedures.
Some of the major players in the anesthesia machinery market are Cardinal Health Inc, Dragerwerk AG, Fisher & Paykel Healthcare Limited, GE Healthcare, Getinge AB, Heyer Medical, Koninklijke Philips NV, Masimo Corporation, Medtronic PLC, Midmark Corporation, Cardinal Health Inc, Smiths Group PLC, Spacelabs Healthcare, Teleflex Incorporated, Vyaire Medical Inc.
The anesthesia machinery market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Anesthesia Machinery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Anesthesia Machinery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Anesthesia Machinery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Anesthesia Machinery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Anesthesia Machinery Market Size & Forecast, 2018-2028
4.5.1 Anesthesia Machinery Market Size and Y-o-Y Growth
4.5.2 Anesthesia Machinery Market Absolute $ Opportunity
Chapter 5 Global Anesthesia Machinery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Anesthesia Machinery Market Size Forecast by Type
5.2.1 Air Anesthesia Machine
5.2.2 DC Anesthesia Machine
5.2.3 Closed Anesthesia Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Anesthesia Machinery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Anesthesia Machinery Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Anesthesia Machinery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Anesthesia Machinery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Anesthesia Machinery Analysis and Forecast
9.1 Introduction
9.2 North America Anesthesia Machinery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Anesthesia Machinery Market Size Forecast by Type
9.6.1 Air Anesthesia Machine
9.6.2 DC Anesthesia Machine
9.6.3 Closed Anesthesia Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Anesthesia Machinery Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Anesthesia Machinery Analysis and Forecast
10.1 Introduction
10.2 Europe Anesthesia Machinery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Anesthesia Machinery Market Size Forecast by Type
10.6.1 Air Anesthesia Machine
10.6.2 DC Anesthesia Machine
10.6.3 Closed Anesthesia Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Anesthesia Machinery Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Anesthesia Machinery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Anesthesia Machinery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Anesthesia Machinery Market Size Forecast by Type
11.6.1 Air Anesthesia Machine
11.6.2 DC Anesthesia Machine
11.6.3 Closed Anesthesia Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Anesthesia Machinery Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Anesthesia Machinery Analysis and Forecast
12.1 Introduction
12.2 Latin America Anesthesia Machinery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Anesthesia Machinery Market Size Forecast by Type
12.6.1 Air Anesthesia Machine
12.6.2 DC Anesthesia Machine
12.6.3 Closed Anesthesia Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Anesthesia Machinery Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Anesthesia Machinery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Anesthesia Machinery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Anesthesia Machinery Market Size Forecast by Type
13.6.1 Air Anesthesia Machine
13.6.2 DC Anesthesia Machine
13.6.3 Closed Anesthesia Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Anesthesia Machinery Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Anesthesia Machinery Market: Competitive Dashboard
14.2 Global Anesthesia Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cardinal Health Inc
14.3.2 Dragerwerk AG
14.3.3 Fisher & Paykel Healthcare Limited
14.3.4 GE Healthcare
14.3.5 Getinge AB
14.3.6 Heyer Medical
14.3.7 Koninklijke Philips NV
14.3.8 Masimo Corporation
14.3.9 Medtronic PLC
14.3.10 Midmark Corporation
14.3.11 Cardinal Health Inc
14.3.12 Smiths Group PLC
14.3.13 Spacelabs Healthcare
14.3.14 Teleflex Incorporated
14.3.15 Vyaire Medical Inc
