Market Overview:
MRI-compatible anesthesia machines are designed to minimize the risk of artifacts being introduced into MRI images. These machines are used in veterinary, hospitals, diagnostic laboratories and other applications. The global MRI-compatible anesthesia machine market is expected to grow at a CAGR of 5.5% from 2018 to 2030. Some of the key factors driving the growth of this market include the increasing demand for MRI-compatible anesthesia machines due to rising awareness about their benefits and technological advancements in this field.
Product Definition:
MRI-compatible anesthesia machines are designed to minimize the generation of magnetic fields that can distort MRI images. They are important for patients who require MRI scans because traditional anesthesia machines can create significant image distortions.
MRI Compatible Small Animal Anesthesia Machine:
The MRI compatible small animal anesthesia machine is a device used to provide anesthetic for animals during magnetic resonance imaging (MRI). The usage of this device reduces the risk of complications associated with the administration of anesthetic and helps in minimizing the duration and intensity of its effect. This factor has led to increased adoption by veterinary practitioners, which in turn is expected to drive market growth over the forecast period.
Anesthetic Ventilators:
Anesthetic ventilators are devices used to provide anesthesia during medical procedures. They consist of a gas-powered pump that provides an artificial lung ventilation and is connected to the patient's breathing circuit. Anesthetic ventilators are also referred as artificial lungs or life support machines.
The demand for these devices has increased in recent years owing to their increasing application in emergency medicine, surgery, dentistry, gynecology & obstetrics and intensive care units (ICU).
Application Insights:
MRI compatible anesthesia machines find application in veterinary, hospitals, diagnostic laboratories and other applications. Hospitals were the largest segment accounting for over 70% of the overall revenue share in 2017 owing to increasing adoption of these devices due to growing awareness about safety and comfort among pet owners. MRI compatible anesthetic machines are used for sedation and analgesia during imaging procedures such as Magnetic Resonance Imaging (MRI), computerized axial tomography (CAT) scans, nuclear medicine studies, spinal taps etc. These devices help reduce anxiety by providing soothing sounds which helps make patients relaxed during medical procedures thus reducing stress on veterinarian's shoulders resulting into better patient care.
Regional Analysis:
North America dominated the global market in 2017. This is due to the presence of a large number of veterinary hospitals and anesthetics machines suppliers in this region. Moreover, increasing demand for pet insurance coupled with rising pet adoption has led to an increase in spending on animal health care by consumers, which is expected to drive growth over the forecast period.
Asia Pacific regional market for global MRI-compatible anesthesia machines is anticipated to witness lucrative growth during the forecast period owing to factors such as growing economy and high unmet needs of animals due their lack of proper diagnosis & treatment facilities along with better patient care services leading them towards higher mortality rates. Rising awareness regarding pets healthcare among people from middle income groups will also propel demand over next eight years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.8% from 2016 to 2021. This is primarily owing to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Anesthesia machines that are MRI-compatible will find increasing demand in this market as more hospitals adopt these procedures.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and aging populations. This has led to an increase in the number of surgical procedures being performed each year worldwide. Anesthesia machines that are MRI-compatible will be increasingly sought after by hospitals catering to patients with chronic conditions who require regular diagnostic or therapeutic imaging sessions under general anesthesia.
Scope Of The Report
Report Attributes
Report Details
Report Title
MRI-Compatible Anesthesia Machines Market Research Report
By Type
MRI Compatible Small Animal Anesthesia Machine, Anesthetic Ventilators, Other
By Application
Veterinary, Hospitals, Diagnostic Laboratories, Other
By Companies
Drager, Medline Industries, GE Healthcare, Anandic, Vetland Medical, Smiths Medical, Hamilton Medical, Mallard Medical, Parker Hannifin, Drager
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global MRI-Compatible Anesthesia Machines Market Report Segments:
The global MRI-Compatible Anesthesia Machines market is segmented on the basis of:
Types
MRI Compatible Small Animal Anesthesia Machine, Anesthetic Ventilators, Other
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
Veterinary, Hospitals, Diagnostic Laboratories, Other
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:
- Drager
- Medline Industries
- GE Healthcare
- Anandic
- Vetland Medical
- Smiths Medical
- Hamilton Medical
- Mallard Medical
- Parker Hannifin
- Drager
Highlights of The MRI-Compatible Anesthesia Machines 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:
- MRI Compatible Small Animal Anesthesia Machine
- Anesthetic Ventilators
- Other
- By Application:
- Veterinary
- Hospitals
- Diagnostic Laboratories
- Other
- 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 MRI-Compatible Anesthesia Machines 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?
MRI-compatible anesthesiologic machines are designed to provide safe and effective anesthesia during magnetic resonance imaging (MRI) procedures. These machines use a variety of techniques, including gas delivery, pressure control, and temperature management, to ensure that patients remain comfortable during the scan.
Some of the major companies in the mri-compatible anesthesia machines market are Drager, Medline Industries, GE Healthcare, Anandic, Vetland Medical, Smiths Medical, Hamilton Medical, Mallard Medical, Parker Hannifin, Drager.
The mri-compatible anesthesia machines 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 MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Size & Forecast, 2018-2028
4.5.1 MRI-Compatible Anesthesia Machines Market Size and Y-o-Y Growth
4.5.2 MRI-Compatible Anesthesia Machines Market Absolute $ Opportunity
Chapter 5 Global MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Size Forecast by Type
5.2.1 MRI Compatible Small Animal Anesthesia Machine
5.2.2 Anesthetic Ventilators
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Size Forecast by Applications
6.2.1 Veterinary
6.2.2 Hospitals
6.2.3 Diagnostic Laboratories
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Analysis and Forecast
9.1 Introduction
9.2 North America MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Size Forecast by Type
9.6.1 MRI Compatible Small Animal Anesthesia Machine
9.6.2 Anesthetic Ventilators
9.6.3 Other
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 MRI-Compatible Anesthesia Machines Market Size Forecast by Applications
9.10.1 Veterinary
9.10.2 Hospitals
9.10.3 Diagnostic Laboratories
9.10.4 Other
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 MRI-Compatible Anesthesia Machines Analysis and Forecast
10.1 Introduction
10.2 Europe MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Size Forecast by Type
10.6.1 MRI Compatible Small Animal Anesthesia Machine
10.6.2 Anesthetic Ventilators
10.6.3 Other
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 MRI-Compatible Anesthesia Machines Market Size Forecast by Applications
10.10.1 Veterinary
10.10.2 Hospitals
10.10.3 Diagnostic Laboratories
10.10.4 Other
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 MRI-Compatible Anesthesia Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Size Forecast by Type
11.6.1 MRI Compatible Small Animal Anesthesia Machine
11.6.2 Anesthetic Ventilators
11.6.3 Other
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 MRI-Compatible Anesthesia Machines Market Size Forecast by Applications
11.10.1 Veterinary
11.10.2 Hospitals
11.10.3 Diagnostic Laboratories
11.10.4 Other
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 MRI-Compatible Anesthesia Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America MRI-Compatible Anesthesia Machines 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 MRI-Compatible Anesthesia Machines Market Size Forecast by Type
12.6.1 MRI Compatible Small Animal Anesthesia Machine
12.6.2 Anesthetic Ventilators
12.6.3 Other
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 MRI-Compatible Anesthesia Machines Market Size Forecast by Applications
12.10.1 Veterinary
12.10.2 Hospitals
12.10.3 Diagnostic Laboratories
12.10.4 Other
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) MRI-Compatible Anesthesia Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MRI-Compatible Anesthesia Machines 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) MRI-Compatible Anesthesia Machines Market Size Forecast by Type
13.6.1 MRI Compatible Small Animal Anesthesia Machine
13.6.2 Anesthetic Ventilators
13.6.3 Other
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) MRI-Compatible Anesthesia Machines Market Size Forecast by Applications
13.10.1 Veterinary
13.10.2 Hospitals
13.10.3 Diagnostic Laboratories
13.10.4 Other
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 MRI-Compatible Anesthesia Machines Market: Competitive Dashboard
14.2 Global MRI-Compatible Anesthesia Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Drager
14.3.2 Medline Industries
14.3.3 GE Healthcare
14.3.4 Anandic
14.3.5 Vetland Medical
14.3.6 Smiths Medical
14.3.7 Hamilton Medical
14.3.8 Mallard Medical
14.3.9 Parker Hannifin
14.3.10 Drager
