Global Depth of Anesthesia Monitoring Market is Estimated to Value Over USD 169.4 Million by 2026 End

  • 25 Oct 2019

Global Depth of Anesthesia Monitoring Market is estimated to value over USD 169.4 million by 2026 end and register a CAGR of over 3% during the forecast period 2019 to 2026.

The integration of innovative monitoring devices, such as overseeing the depth of anesthesia, enhanced neurological monitoring, objective-orientated fluid therapy, strengthened alarm system and technological shifts in the objective pain assessment are some of the positive strides which have propelled the market growth of the depth of anesthesia monitoring industry. In addition, a rise in the demand for pain-free surgeries and the positive changes in automated record keeping systems have also played an instrumental role in generating a significant traction in the market.

Furthermore, the healthcare issues with anesthesia have lessened significantly in recent years, owing to the technological innovations and automation, which has contributed in enhancing the safety measures of the patients. Furthermore, there is a surplus of investments marking their entry, which have lent support to the technological shifts in anesthesia techniques and machines. All these factors combined have augmented the depth of anesthesia monitoring market growth.

As mentioned earlier, among the major players that has been thriving in the depth of anesthesia monitoring market is that of GE Healthcare (US). They largely deal in Entropy-related technology that is used for monitoring the DOA and is formulated to offer information on the condition of the central nervous system while administering general anesthesia. GE Healthcare even provides information on the module of E-BIS, which allows for the usage of BIS expanded performance technology to assess the end results of sedatives and anesthetics on the brain with a Quatro sensor that has four electrodes. The company operates in many regions such as Asia, Europe, etc.

Another prominent player in the market is that of Medtronic plc as it is one of the foremost manufacturers involved in devices that are standalone and monitoring sensors for anesthesia. In the case of standalone devices, Medtronic plc accounts for 100% of the market, as they are among the few players in BIS related monitoring systems. The company holds a number of OEM partners and collaborates with other different patient monitoring equipment producers to deliver improved healthcare with the help of multi-parameter and multi-use devices and monitors.

Similar is the case with Masimo Corporation (US), they have captured a considerable depth of anesthesia monitoring market share, in terms of volume and value. This can be attributed to the modules of Masimo Open Connect (MOC-9), including that of the Next-generation Sedline Brain Function Monitoring. Masimo’s Root Platform provides patient monitoring and connectivity hub that assimilated a broad range of devices, technologies and systems to create connectivity solutions and multimodal monitoring, in a singular clinician-centric platform. 

Major players who have captured major depth of anesthesia monitoring market shares includes GE Healthcare (US), Masimo Corporation (US), Medtronic Public Limited Company (Ireland), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Philips Healthcare (Netherlands) and Mennen Medical Ltd. (Israel).

 

Global Depth of Anesthesia Monitoring Market Segmentation:

By Technology

  • Bispectral Index
  • Entropy
  • Patient State Index (PSI)

By Device

  • Modules
  • Bundled Devices
  • Standalone Devices

By Product

  • Devices
  • Consumables

By Mode of Purchase

  • Purchase Through GPO
  • Direct Purchase

By End User

  • Hospitals
  • Ambulatory Surgical Centres & Clinics

By Region

  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

 

Objectives of the Study:

  • To provide with an exhaustive analysis on the global depth of anesthesia monitoring market by technology, by device, by product, by mode of purchase, 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 (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

 

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