Anesthesia Equipment Market Size, Share Global Analysis Report, 2021 – 2026

Industry Insights

According to Facts & Factors, the report on the “Global Anesthesia Equipment Market” encompasses the complete history and forecast details. In this report, the market value was witnessed to be around USD 11 Billion in 2020 and with a CAGR of 6.5% will acquire USD 16 Billion by 2026.

Report Overview

Anesthesia equipment is commonly referred to as Boyle’s machine. This medical care equipment is of great application among the anesthesiologists, their assistants, and nurses. Anesthesia is known to induce unconsciousness as well as low protective reflexes during surgical procedures in order to reduce sensation and central nervous system activities. It helps gain control over blood pressure, heart rate, blood flow, breathing, and pain. The anesthesia equipment helps deliver anesthetic agents in controlled doses during the surgical process.

Industry Growth Factors

The growing aging population coupled with the prevalence of chronic disorders like high cholesterol, diabetes, and cancer is projected to help proliferate the demand for anesthesia equipment during the forecast period. Additionally, the rising healthcare expenditure, medical tourism, and high requirement for anesthesia delivery machines offer better market opportunities. The increasing surgical processes due to rising degenerative & chronic illnesses across the globe will enhance the demand for anesthesia equipment.

Rising investments in advancing this equipment have a positive impact on the growth of the global anesthesia equipment market, thereby helping rapid application in the healthcare industry. However, the government regulations, installation charges, and maintenance issues act as major restraining factors for the growth of the market. Other factors such as microbial contamination and time-consuming, complex, & low validation standards will further hamper the market expansion.

Segmentation Analysis

The global anesthesia equipment market is segmented based on product, type, application, end-user, and regions.

On the basis of product, the anesthesia market is divided into anesthesia disposables & accessories, anesthesia delivery machines, anesthesia monitors, anesthesia workstations, anesthesia ventilators, and anesthesia information management systems (AIMS). From these, the anesthesia monitors segment holds the largest market owing to ease in tracking as well as displaying the anesthetic chemical administration in the form of gas, medicines, or fluids. The growing demand for anesthesia monitors coupled with rising investments will bring about industrial innovation and improvement in pain evaluation, thereby propelling the anesthesia market.

Based on type, the market is categorized into general and local. By application, the anesthesia equipment market is categorized into cardiology, neurology, dental, orthopedics, ophthalmology, urology, and others. Liable to the end-user segment, the market is fragmented into clinics, hospitals, and ambulatory service centers. From all these, the hospitals segment is anticipated to dominate the anesthesia market owing to the rising demand for laryngeal mask airways, portable anesthesia machines, etc. in the hospitals for surgical procedures.

Also, the provision of skilled professionals and qualified equipment in the hospitals will surge the sales over the forecast period. The availability of reimbursement policies and advanced healthcare facilities are likely to drive the demand for anesthesia equipment in the hospitals.

Report Scope

Regional Analysis

North America will dominate the global anesthesia market during the forecast period owing to the rising number of diseases like diabetes, obesity, cancer, and cardiovascular diseases in the region. Additionally, the rising invasive surgeries and adoption of these equipment will further promote the anesthesia equipment market. The high healthcare expenditure and advancements in anesthesia equipment are projected to trigger market growth.

Competitive Players

Some of the market players dominating the global anesthesia equipment market is :

• Teleflex Incorporated
• B. Braun Melsungen AG
• Draegerwerk AG
• Medtronic PLC
• Koninklijke Philips NV
• SunMed
• Fisher & Paykel Healthcare
• GE Healthcare
• Pentax
• Becton Dickinson and Company
• Ambu S/A
• Smiths Group plc
• Ventlab
• Verathon Inc.
• Drägerwerk AG & Co. KGaA
• 3M Company
• Airsep Corporation
• Koninklijke Philips N.V.
• Karl Storz GmbH & Co. KG
• Aircraft Medical
• among others

By Product Segment Analysis

• Anesthesia Delivery Machines
• Anesthesia Disposables & Accessories
  • Anesthesia Circuits
  • HME
  • Anesthesia Masks
  • Resuscitators
  • Flexible Intubation Scopes
  • Laryngoscopes
  • Supraglottic Airways
  • Ventilator Circuits
  • Others
• Anesthesia Monitors
• Anesthesia Information Management Systems (AIMS)

By Type Segment Analysis

• General Anesthesia
• Local Anesthesia

By Application Segment Analysis

• Orthopedics
• Cardiology
• Dental
• Urology
• Neurology
• Ophthalmology
• Others

By End-User Segment Analysis

• Hospitals
• Clinics
• Ambulatory Service Centers

By Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA