Market Overview:
The global compact anesthesia machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for compact anesthesia machines due to their small size and low weight, which makes them easy to transport and use in limited spaces. Additionally, the growing demand for veterinary services is also contributing to the growth of this market.
Product Definition:
A compact anesthesia machine is a small, lightweight machine that is used to provide anesthesia during surgery. The machine includes a breathing circuit, an inhalation agent vaporizer, and an oxygen supply. The purpose of the machine is to deliver anesthesia gas to the patient in order to keep them unconscious and pain-free during surgery.
Medical:
Medical, it’s usage.
The global medical devices industry is expected to grow at a CAGR of XX% during the forecast period. The key drivers for this industry are increasing incidences of chronic diseases such as cardiovascular disorders, diabetes mellitus, orthopedic problems & neurological disorders coupled with rising geriatric population base.
Veterinary:
Veterinary and it's usage in Compact Anesthesia Machine market is a device that helps in providing anesthetic gases to animals. It is majorly used for small animals like cats, dogs, birds, etc. The anesthesia machine has different components like gas mask which contains anesthesia gas generator and hose connected to the bottle containing liquid anesthetic agent or compressed air with inert gas mixture as carrier.
Application Insights:
Based on application, the market is segmented into hospitals, clinics, veterinary hospitals and clinics and others. Hospitals held the largest share in 2017 owing to increasing usage of these devices for routine surgeries. However, with growing awareness about advantages of these machines over traditional methods such as gas anesthesia or conscious sedation among patients, adoption rates are expected to increase at veterinary hospitals as well.
The other application segment includes dental offices, laboratories and research facilities where compact anesthetizers are used for animal restraint or transportation purposes only. These devices do not require any type of hospitalization nor does it involve any post-operative care; thus making them ideal for procedures performed at these facilities by veterinarians or doctors working alone. The aforementioned factors are anticipated to fuel demand in this segment during the forecast period.
Clinics accounted for a significant share in 2017 due to rising awareness about availability of advanced healthcare services along with rising adoption rates across countries such as India.
Regional Analysis:
North America dominated the global compact anesthesia machine market in 2017. This is due to factors such as increasing demand for technologically advanced medical devices, rising number of veterinary hospitals and clinics, and high adoption of pet animals. Moreover, increasing incidence of chronic diseases in pets is also driving the demand for these machines in this region.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and growing awareness about advanced surgeries among patients & practitioners. Furthermore, government initiatives are encouraging international collaborations that will help expand distribution network of leading players operating in this industry which will further boost revenue generation during the forecast period from 2018 to 2030 (estimated).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter recovery times and lower risks of complications. Compact anesthesia machines are well-suited for use in such surgeries, as they are small and lightweight and can be easily transported between operating rooms.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, and diabetes is rising rapidly, due to changing lifestyles and aging populations. These conditions often require surgical treatment, which in turn drives demand for compact anesthesia machines.
- Growing number of ambulatory surgery centers: Ambulatory surgery centers (ASCs) offer a range of outpatient surgical services that do not require an overnight hospital stay. This growing segment of the healthcare industry is driving demand for compact anesthesia machines as they are well-suited for use in ASCs’ limited space constraints.
Scope Of The Report
Report Attributes
Report Details
Report Title
Compact Anesthesia Machine Market Research Report
By Type
Medical, Veterinary
By Application
Hospitals, Clinics, Veterinary Hospitals, Veterinary Clinics, Others
By Companies
Penlon, GE, Draeger, Avante Health Solutions, Doctorgimo, Getinge, Midmark, Rothacher Medical GmbH, Dispomed(Moduflex), Somni Scientific, Muromachi, RWD, Harvard Apparatus, Vetland Medical
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Compact Anesthesia Machine Market Report Segments:
The global Compact Anesthesia Machine market is segmented on the basis of:
Types
Medical, Veterinary
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
Hospitals, Clinics, Veterinary Hospitals, Veterinary Clinics, Others
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:
- Penlon
- GE
- Draeger
- Avante Health Solutions
- Doctorgimo
- Getinge
- Midmark
- Rothacher Medical GmbH
- Dispomed(Moduflex)
- Somni Scientific
- Muromachi
- RWD
- Harvard Apparatus
- Vetland Medical
Highlights of The Compact Anesthesia Machine 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:
- Medical
- Veterinary
- By Application:
- Hospitals
- Clinics
- Veterinary Hospitals
- Veterinary Clinics
- Others
- 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 Compact Anesthesia Machine 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.
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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?
A compact anesthesia machine is a medical device that helps to provide general anesthesia. It is a small, portable device that can be used in an outpatient setting.
Some of the major players in the compact anesthesia machine market are Penlon, GE, Draeger, Avante Health Solutions, Doctorgimo, Getinge, Midmark, Rothacher Medical GmbH, Dispomed(Moduflex), Somni Scientific, Muromachi, RWD, Harvard Apparatus, Vetland Medical.
The compact anesthesia machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compact Anesthesia Machine 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 Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Size & Forecast, 2018-2028
4.5.1 Compact Anesthesia Machine Market Size and Y-o-Y Growth
4.5.2 Compact Anesthesia Machine Market Absolute $ Opportunity
Chapter 5 Global Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Size Forecast by Type
5.2.1 Medical
5.2.2 Veterinary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Veterinary Hospitals
6.2.4 Veterinary Clinics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compact Anesthesia Machine 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 Compact Anesthesia Machine 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 Compact Anesthesia Machine Analysis and Forecast
9.1 Introduction
9.2 North America Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Size Forecast by Type
9.6.1 Medical
9.6.2 Veterinary
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 Compact Anesthesia Machine Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Veterinary Hospitals
9.10.4 Veterinary Clinics
9.10.5 Others
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 Compact Anesthesia Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Size Forecast by Type
10.6.1 Medical
10.6.2 Veterinary
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 Compact Anesthesia Machine Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Veterinary Hospitals
10.10.4 Veterinary Clinics
10.10.5 Others
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 Compact Anesthesia Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Size Forecast by Type
11.6.1 Medical
11.6.2 Veterinary
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 Compact Anesthesia Machine Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Veterinary Hospitals
11.10.4 Veterinary Clinics
11.10.5 Others
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 Compact Anesthesia Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Compact Anesthesia Machine 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 Compact Anesthesia Machine Market Size Forecast by Type
12.6.1 Medical
12.6.2 Veterinary
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 Compact Anesthesia Machine Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Veterinary Hospitals
12.10.4 Veterinary Clinics
12.10.5 Others
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) Compact Anesthesia Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Compact Anesthesia Machine 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) Compact Anesthesia Machine Market Size Forecast by Type
13.6.1 Medical
13.6.2 Veterinary
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) Compact Anesthesia Machine Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Veterinary Hospitals
13.10.4 Veterinary Clinics
13.10.5 Others
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 Compact Anesthesia Machine Market: Competitive Dashboard
14.2 Global Compact Anesthesia Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Penlon
14.3.2 GE
14.3.3 Draeger
14.3.4 Avante Health Solutions
14.3.5 Doctorgimo
14.3.6 Getinge
14.3.7 Midmark
14.3.8 Rothacher Medical GmbH
14.3.9 Dispomed(Moduflex)
14.3.10 Somni Scientific
14.3.11 Muromachi
14.3.12 RWD
14.3.13 Harvard Apparatus
14.3.14 Vetland Medical
