Overview


According to FutureWise analysis the market for anesthesia devices in 2023 is US$ 172.34 billion, and is expected to reach US$ 326.63 billion by 2031 at a CAGR of 8.30%.

Anesthesia devices, pivotal components within the realm of modern medical practice, serve an indispensable role in ensuring the safe and effective administration of anesthesia during surgical procedures. These sophisticated medical apparatuses are meticulously designed to carefully manage a patient's consciousness, pain perception, and physiological responses, enabling medical professionals to conduct procedures with the utmost precision, comfort, and patient well-being. Anesthesia, a complex and delicate balance between inducing temporary unconsciousness and maintaining stable vital functions, demands advanced technologies and meticulous monitoring to regulate the delivery of anesthetic agents.

Anesthesia devices encompass a multifaceted array of tools, including ventilators, vaporizers, monitors, and infusion pumps, all seamlessly integrated to create a comprehensive and cohesive system. Ventilators facilitate controlled breathing for patients under anesthesia, while vaporizers ensure accurate and consistent delivery of inhalational anesthetics. Monitors, ranging from pulse oximeters to electrocardiograms, vigilantly track essential parameters such as oxygen saturation, blood pressure, heart rate, and end-tidal carbon dioxide levels, providing real-time insights into the patient's physiological status.

FutureWise Market Research has published a report that provides an insightful analysis of Anesthesia Devices Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Anesthesia Devices Market will experience a significant growth.

According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Covidien Plc
  • GE Healthcare
  • Draeger Safety Diagnostics Inc.
  • Leon
  • Spacelabs Healthcare
  • Royal Medical
  • Penlon
  • Philips Healthcare
  • Heyer Medical AG
  • Becton Dickinson and Company

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in the Anesthesia Devices Market:

  • In February 2022, Mindray introduced the A8 and A9 anesthesia workstations, innovative platforms designed to enhance conventional anesthesia practices within the perioperative setting.

The growth trajectory of the anesthesia devices market is being significantly influenced by a confluence of pivotal factors. Noteworthy advancements in anesthesia delivery and monitoring technology stand as a crucial driver, revolutionizing the landscape of sophisticated medical interventions. This evolution aligns seamlessly with the escalating demand for anesthesia services, driven by an uptick in surgical procedures necessitating anesthesia administration. The concurrent rise in chronic diseases further fuels this growth, magnifying the imperative for effective anesthesia solutions. Central to this transformative journey is the burgeoning geriatric population, uniquely predisposed to chronic ailments, thereby underscoring the need for precision-driven anesthesia delivery and monitoring. A compelling illustration of this trend emerges from the British Heart Foundation Factsheet released in August 2022, revealing that around 7.6 million individuals are suffering with heart or circulatory diseases in the UK. Strikingly, more than half of the UK populace is projected to encounter heart or circulatory conditions in their lifetimes, a statistic that surpasses the combined prevalence of cancer and Alzheimer's disease. The stark reality of around 48,000 annual deaths within the UK attributed to heart and circulatory diseases attests to the criticality of advancing anesthesia interventions for this demographic. 

Simultaneously, the escalating instances of sports-related injuries, spinal cord injuries (SCI), and accidental fractures have precipitated a surge in surgical interventions. A salient example stems from the National Spinal Cord Injury Statistical Center's 2022 report, indicating an annual incidence of approximately 54 traumatic spinal cord injury cases per one million individuals in the United States. These cases, amounting to roughly 18,000 new instances annually, underscore the mounting need for surgical procedures, consequentially amplifying the reliance on anesthesia devices. In tandem, the landscape is marked by a wave of technological innovation in anesthesia monitoring. A prime instance from a July 2022 publication by PubMed Central showcases the development of an intelligence model capable of predicting anesthesia depth using a single-channel electroencephalograph (EEG) signal. This transformative leap underscores the role of technology in fueling the market's expansion.
 

By Product

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

By Type

  • General Anesthesia
  • Local Anesthesia

By Application

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

By End User

  • Hospitals
  • Clinics
  • Ambulatory Service Centers

By Region

  • North America
  • Europe
  • Latin America
  • Asia-Pacific
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America is expected to dominate the anesthesia devices market due to a surge in diseases like obesity, cardiovascular issues, and cancers, leading to increased surgeries. The rise in minimally invasive procedures for chronic illnesses also drives market growth. For instance, the American Cancer Society predicts around 288,300 new prostate cancer cases in the US in 2022. Similarly, the Canadian Cancer Society estimates 233,900 cancer diagnoses in 2022. Additionally, the region's market growth is invigorated by strategic advancements made by industry players. An example of this is the ScanNav Anatomy peripheral nerve block device by Intelligent Ultrasound, which received FDA De Novo approval in October 2022. This medical innovation empowers anesthetists and healthcare professionals to accurately identify crucial anatomical structures within ultrasound images before administering regional anesthesia, amplifying the precision of procedure.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the Anesthesia Devices Market By Product, By Type, By Application, By End User and By Region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Latin America, Asia Pacific, Middle East and Africa
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization services offered are free of charge with purchase of any license of the report.
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Anesthesia Devices Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Anesthesia Devices Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Anesthesia Devices Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Anesthesia Devices Market, By Product Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Anesthesia Delivery Machines
        2. Anesthesia Disposables and Accessories
         2.1. Anesthesia Circuits
         2.2. Anesthesia Masks
         2.3. Resuscitators
         2.4. Laryngoscopes
         2.5. Flexible Intubation Scopes
         2.6 . Supraglottic Airways
         2.7. Ventilator Circuits
         2.8. HME
         2.9. Others
        3. Anesthesia Monitors
        4. Anesthesia Information Management Systems
        5. Others

  • 8.   Anesthesia Devices Market, By Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. General Anesthesia
        2. Local Anesthesia

  • 9.   Anesthesia Devices Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Cardiology
        2. Neurology
        3. Dental
        4. Ophthalmology
        5. Urology
        6. Orthopedics
        7. Others

  • 10.   Anesthesia Devices Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Clinics
        3. Ambulatory Service Centers

  • 11.   North America Anesthesia Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 12.   Latin America Anesthesia Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 13.   Europe Anesthesia Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 14.   Asia Pacific Anesthesia Devices Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 15.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 16.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 17.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Covidien Plc
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. GE Healthcare
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Draeger Safety Diagnostics Inc.
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Leon
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Spacelabs Healthcare
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Royal Medical
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Penlon
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Philips Healthcare
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Heyer Medical AG
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Becton Dickinson and Company
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview

  • 18.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 19.   FutureWise SME Key Takeaway Points for Client
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